Score

1.52 /10
Danger

APEX

Malaysia

5-10 years

Suspicious Regulatory License

High potential risk

C

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Score

Regulatory Index0.00

Business Index7.04

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

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APEX · Company summary

General Information

Originally a stock broking company as a member of the Kuala Lumpur Stock Exchange (KLSE) in 1979 under the name of Lim and Hszieh Sendirian, the company turned private on 15 March 1985, becoming Apex Securities Sdn Bhd. On 2 May 1991, Apex Securities was acquired by AEHB as part of its restructuring process and KLSE listing. During the 1980s to 1990s, JP Morgan Hong Kong (formally known as Jarding Fleming Hong Kong) acquired a 30% share, changing Apex Securities Sdn Bhd to JF Apex Securities Sdn Bhd on 5 March 1996. On 12 August 1997, after a successful KLSE listing, JF Apex Securities was eventually renamed JFAS. However, on 13 December 2007, JP Morgan Hong Kong ceased its shareholding rights, thereby returning full ownership to AEHB. In October 2000, JFAS successfully obtained the licensing rights of Halim Securities, expanding business operations and the transfer of 27 remisiers, thus the commencement of its Petaling Jaya (PJ) Branch. Presently, JFAS is headquartered in Kajang, with branches in Petaling Jaya, Puchong, Penang, and Johor Bahru. For the moment, investors can trade on all stocks listed on the Bursa Malaysia, Malaysia.

Service Offerings

JFAS is licensed by the Securities Commission Malaysia to deal in securities, clearings, derivatives, and the provision of investment advice. JFAS offers a suite of stockbroking related services for investors needs, including but not limited to:

· Share trading of Bursa, the LEAP Market, Foreign Markets, and Derivatives/Futures

· Share Margin Financing and IPO Financing

· Nominee and Custodian Share Services

· Underwriting and Placement of Securities

Account Types

JFAS offers three share trading accounts, including the Normal Trading account, Securitised Trading Account, as well as Margin Account. The Securitised trading account offers clients with pledged collateral to enjoy a higher trading limit and better brokerage rates as compared with a Normal Trading Account. JFAS accept shares and cash as collateral.

Trading Ways

JFAS allows investors to buy shares through online channel, their dealers representative via telephone.

Payment Methods

For Maybank2U.com.my users, they can opt to pay online to JF Apex Securities Berhad via Online Bill Payment (PayBills) facility. Besides, you can also paying via eSettelement & eDeposit in apexetrade. eSettlement is a module that integrates your outstanding positions at JF Apex and the online funds transfer facility by Maybank2U. Pay via eDeposit: by performing the eDeposit, you have already informed JF Apex to increase your trading limit. Furthermore, eSettlement / eDeposit takes you to a 'shortcut' to Maybank2U.com.my, thus simplifying the payment process (refer to step 4 - 7 at eSettlement and eDeposit).

Customer Support

The JFAS‘s customer support can be reached through its several offices. The main office is located in Kajang, telephone: (603) 8736 1118, Fax: (603) 8737 4532, as well as email: apexetrade@jfapex.com.my. For more contact information, please refer to JFAS’s official website.

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Rangrate
more than one year
I have been a professional trader with over 5 years of experience. After opening a live account with APEX, I experienced significant delays in quotes for several consecutive days. Upon checking my other two accounts with different brokers, I found no such delays except for the APEX account. I reached out to them via email regarding this issue, and the response I received was that they couldn't resolve any problems.
I have been a professional trader with over 5 years of experience. After opening a live account with APEX, I experienced significant delays in quotes for several consecutive days. Upon checking my other two accounts with different brokers, I found no such delays except for the APEX account. I reached out to them via email regarding this issue, and the response I received was that they couldn't resolve any problems.
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2024-02-01 10:28
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FX1457260991
more than one year
Their account requirements are so unclear that it took me ages just to figure out what I needed to do to open an account. And then the actual account opening process was ridiculously long - I felt like I was jumping through hoops just to get started. And don't even get me started on their customer service - it took forever for someone to respond to my queries, and even then the answers were not very helpful.
Their account requirements are so unclear that it took me ages just to figure out what I needed to do to open an account. And then the actual account opening process was ridiculously long - I felt like I was jumping through hoops just to get started. And don't even get me started on their customer service - it took forever for someone to respond to my queries, and even then the answers were not very helpful.
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2023-03-29 10:28
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