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Score
United States
2-5 yearsSuspicious Regulatory License
High potential risk
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Comparison
Expose
Exposure
Score
Regulatory Index0.00
Business Index5.86
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
Alt Apex Trade is allegedly a crypto broker registered in the United States that claims to provide its clients with a web-based trading platform. Here is the home page of this brokers official site:
As for regulation, it has been verified that Alt Apex Trade currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.09/10. Please be aware of the risk.
Market Instruments
Alt Apex Trade advertises that it mainly offers cryptocurrency trading, such as Bitcoin, Litecoin, Ethereum, Bitcoin Cash and XRP.
Trading Platform Available
Instead of the world's most advanced and popularly-used MT4 and MT5 platforms, Alt Apex Trade gives traders a web-based trading platform. Anyway, you had better choose brokers who offer the leading MT4 and MT5, which are highly praised by traders and brokers alike due to their ease of use and great functionality, offering top-notch charting and flexible customization options. They are especially popular for their automated trading bots, a.k.a. Expert Advisors.
Customer Support
Alt Apex Trade‘s customer support can be reached by email: support@altapextrade.com, live chat or send messages online to get in touch. Company address: 6595 Boles Road Johns Creek, GA 3009. However, this broker doesn’t disclose other more direct contact information like telephone numbers that most transparent brokers offer.
Pros & Cons
Pros | Cons |
N/A | • No regulation |
• Lack of transparency |
Frequently Asked Questions (FAQs)
Q 1: | Is Alt Apex Trade regulated? |
A 1: | No. It has been verified that Alt Apex Trade currently has no valid regulation. |
Q 2: | Does Alt Apex Trade offer the industry-standard MT4 & MT5? |
A 2: | No. Instead, Alt Apex Trade offers a web-based trading platform. |
Q 3: | Is Alt Apex Trade a good broker for beginners? |
A 3: | No. Alt Apex Trade is not a good choice for beginners. Not only because of its unregulated condition, but also because of its lack of transparency. |
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