abstrak:ASIA PACIFIC is an unauthorized and unregulated broker in the Asia Pacific region. It offers a variety of market instruments such as equities, derivatives, fixed income, commodities, and foreign exchange. The region provides different types of trading accounts, including demo, standard, premium, and ISA accounts. Leverage options, spreads, commissions, minimum deposit requirements, and deposit/withdrawal methods vary across markets and institutions. The Meta Trader 5 trading platform is available for Windows users. Customer support is provided via email, but negative reviews and complaints raise concerns about reliability and potential scams associated with ASIA PACIFIC. Caution and thorough research are advised when considering this broker.
Aspect | Information |
Registered Country/Area | Canada |
Founded Year | 2-5 years |
Company Name | Asia Pacific Futures Investment Limited |
Regulation | Unauthorized and lacks valid regulation |
Minimum Deposit | Varies by institution and investment type |
Maximum Leverage | Varies across different markets |
Spreads | Vary by instrument and broker |
Trading Platforms | Meta Trader 5 for Windows |
Tradable Assets | Equity, derivatives, fixed income, commodities, and foreign exchange markets |
Account Types | Demo accounts, standard accounts, premium accounts, and ISA accounts |
Demo Account | Available |
Islamic Account | Not specified |
Customer Support | Email: pacificfuturesinvestmenta@gmail.com |
Payment Methods | Wire transfers, ACH transfers, credit/debit cards, PayPal |
Educational Tools | Not specified |
ASIA PACIFIC is an unauthorized and unregulated broker in the Asia Pacific region, lacking valid regulation and having an abnormal regulatory status according to the National Futures Association (NFA) in the United States. It has received numerous complaints in the past three months, indicating potential risks and the possibility of scams. Traders should exercise caution when considering ASIA PACIFIC as a trading option.
The Asia Pacific region offers a diverse range of market instruments for trading. In the equity market, traders can access common stocks, exchange-traded funds, and depository receipts. The derivatives market provides opportunities for trading futures contracts, options, and swaps. The fixed income market includes government bonds, corporate bonds, and municipal bonds. Commodities such as energy commodities, metals, and agricultural products are available in the commodities market. The foreign exchange market facilitates trading of major currency pairs and regional currency crosses.
ASIA PACIFIC provides various account types, including demo accounts for practice and testing strategies, standard accounts that offer a wide range of assets and margin trading, premium accounts with additional features at a higher cost, and tax-efficient ISA accounts available in select countries in the region. It is important for traders to thoroughly research and exercise caution when engaging with ASIA PACIFIC, as negative reviews and complaints have been reported regarding issues with fund withdrawals, platform problems, and potential fraudulent activities.
Asia Pacific offers several advantages and disadvantages for investors. On the positive side, it provides a demo account for traders to practice their strategies. Additionally, there are diverse investment opportunities available, allowing investors to explore various markets. Leverage options in different markets can provide potential advantages. Moreover, tax-efficient accounts are accessible in some countries within the region. The availability of multiple deposit and withdrawal methods adds options for users, and the Meta Trader 5 trading platform offers a comprehensive trading experience. However, there are significant drawbacks to consider. The lack of valid regulation raises concerns about the platform's legitimacy and potential risks. There is an abnormal regulatory status, and numerous complaints have been filed against Asia Pacific. Customer support may be limited, and there is a lack of educational resources and advanced trading tools. Issues with fund withdrawal and the main website currently being down further contribute to the cons of Asia Pacific.
Pros | Cons |
Demo account available | Lack of valid regulation |
Opportunities for diverse investment | Abnormal regulatory status |
Leverage options in different markets | Numerous complaints |
Availability of tax-efficient accounts | Limited customer support provided |
Multiple deposit and withdrawal methods | Lack of educational resources and advanced trading tools |
Access to Meta Trader 5 trading platform | Issues with fund withdrawal |
Multiple deposit and withdrawal methods | Main website is currently down |
ASIA PACIFIC is currently unauthorized and lacks valid regulation. It is important to be aware of the associated risks due to its unregulated status. The broker has an abnormal regulatory status according to the National Futures Association (NFA) in the United States. It exceeds the business scope regulated by the NFA and has received numerous complaints in the past three months, indicating potential risks and the possibility of scams. It is crucial to exercise caution when considering ASIA PACIFIC as a trading option.
EQUITY MARKET: The equity market in the Asia Pacific region offers instruments like common stocks (e.g., Samsung Electronics, Toyota Motor Corporation), exchange-traded funds (e.g., iShares MSCI Asia ex Japan ETF, Nikko AM Singapore STI ETF), and depository receipts (e.g., Alibaba Group Holding Ltd ADRs, Infosys Ltd GDRs).
DERIVATIVES MARKET: In the Asia Pacific derivatives market, investors can trade futures contracts (e.g., Hang Seng Index Futures, Nifty 50 Futures), options (e.g., Tokyo Stock Exchange Options on the Nikkei 225 Index, ASX Equity Options), and swaps (e.g., interest rate swaps, currency swaps).
FIXED INCOME MARKET: The Asia Pacific fixed income market includes government bonds (e.g., Japanese Government Bonds, Australian Government Bonds), corporate bonds (e.g., Samsung Electronics bonds, China Mobile Limited bonds), and municipal bonds issued by local governments.
COMMODITIES MARKET: The commodities market in the Asia Pacific region covers energy commodities like crude oil and natural gas (e.g., Brent Crude Oil Futures, Henry Hub Natural Gas Futures), metals like gold, silver, and copper (e.g., Shanghai Gold Exchange Gold Futures, London Metal Exchange Copper Futures), and agricultural products like wheat, soybeans, and palm oil (e.g., Chicago Board of Trade Wheat Futures, Bursa Malaysia Crude Palm Oil Futures).
FOREIGN EXCHANGE MARKET: The Asia Pacific foreign exchange market facilitates trading of major currency pairs (e.g., USD/JPY, EUR/USD, AUD/USD) and crosses between regional currencies (e.g., AUD/JPY, EUR/JPY). Participants engage in spot transactions or utilize currency futures (e.g., Tokyo Financial Exchange USD/JPY Futures, Singapore Exchange USD/CNH Futures) for speculating on future exchange rates.
Pros and Cons
Pros | Cons |
Diverse range of market instruments available | Lack of transparent and standardized regulations |
Opportunities for investment in various sectors | Potential volatility and market fluctuations |
Access to major companies and international brands | Limited liquidity in certain markets |
DEMO ACCOUNTS
Demo accounts are a type of account that allows you to trade in a simulated market environment. This means that you can trade with real-time data, but you will not be trading with real money. Demo accounts are a great way to learn how to trade and to test out different trading strategies.
STANDARD ACCOUNTS
Standard accounts are the most common type of account. These accounts offer a variety of features, including the ability to trade a wide range of assets, access to margin trading, and the ability to withdraw funds.
PREMIUM ACCOUNTS
Premium accounts offer a variety of additional features, such as lower commissions, faster execution, and access to more research tools. Premium accounts are typically more expensive than standard accounts.
ISA ACCOUNTS
ISA accounts are a type of tax-efficient account that is available in some countries in Asia Pacific. ISA accounts allow you to invest in a variety of assets, including stocks, bonds, and ETFs. The earnings from an ISA account are tax-free, which can save you a significant amount of money.
Pros and Cons
Pros | Cons |
Demo accounts provide a risk-free environment for learning | Lack of real money trading in demo accounts |
Standard accounts offer a wide range of tradable assets | Higher costs associated with premium accounts |
ISA accounts provide tax benefits for investments | Availability of ISA accounts may be limited |
The Asia Pacific region offers varying leverage options across different markets, with equity leverage ratios typically ranging from 2:1 to 5:1 and higher ratios available in the derivatives market.
Spreads and commissions in the Asia Pacific region vary by instrument and broker. Equity market spreads range from 0.10% to 0.50%, while derivatives commissions range from 0.02% to 1.50%. Government bond spreads are typically 0.05% to 0.50%, and corporate bond spreads range from 0.50% to 2.00%. Commodity spreads vary from 0.10% to 1.00%, and foreign exchange spreads range from 0.01% to 1.00%. Actual rates may vary depending on market conditions and individual brokers.
Minimum deposit requirements in the Asia Pacific region vary based on the institution and investment type. For equity trading accounts, minimum deposits typically range from $1,000 to $50,000. Fixed income investments may require minimum deposits of $10,000 or more. Actual requirements differ among institutions.
In the Asia Pacific region, deposit and withdrawal methods include wire transfers, ACH transfers, credit/debit cards, and PayPal. Wire transfers usually take 1-3 business days to process, while ACH transfers are faster, usually processed within 1 business day. Credit/debit card deposits may come with fees and take 1-2 business days to process. PayPal is a popular method for withdrawals, typically processed within 1-2 business days, with fees ranging from 2.9% to 3.9% of the transaction amount for PayPal transactions.
Pros and Cons
Pros | Cons |
Multiple deposit and withdrawal methods available | Credit/debit card deposits may have fees and take time to process |
ACH transfers are fast, usually processed within 1 business day | Wire transfers may take 1-3 business days to process |
PayPal withdrawals are popular and typically processed within 1-2 days | PayPal transactions may incur fees |
Asia Pacific provides the Meta Trader 5 trading platform for Windows, offering users a comprehensive trading experience. With Meta Trader 5, traders can access a range of trading tools and features, allowing them to analyze markets, place trades, and monitor their positions. This platform is specifically designed for Windows users, providing a user-friendly interface and trading capabilities.
Pros and Cons
Pros | Cons |
Comprehensive trading platform | Lack of alternative trading platform options |
Access to a range of trading tools and features | Limited availability for non-Windows users |
User-friendly interface and trading capabilities | Potential technical issues or system glitches |
Asia Pacific provides customer support through email at pacificfuturesinvestmenta@gmail.com. While the specific availability and response time for customer inquiries are not mentioned, users can contact Asia Pacific via this email address to seek assistance or address any concerns they may have.
Based on the reviews on WikiFX, Asia Pacific has received negative feedback and complaints from users. Some users reported being unable to withdraw their funds, experiencing issues with the platform, and encountering fraudulent activities. There were mentions of deceptive practices, difficulties in communication, and misleading promises of profits. Several users expressed frustration and losses due to their interactions with Asia Pacific. These reviews highlight concerns regarding the platform's reliability, withdrawal processes, and potential scams. It's important to exercise caution and conduct thorough research before engaging with Asia Pacific.
In conclusion, ASIA PACIFIC presents both advantages and disadvantages. On the positive side, the equity, derivatives, fixed income, commodities, and foreign exchange markets in the Asia Pacific region offer a wide range of trading instruments. Additionally, ASIA PACIFIC provides different types of trading accounts, leverage options, and trading platforms like Meta Trader 5. However, it is important to note that ASIA PACIFIC is currently unauthorized and lacks valid regulation, posing potential risks and the possibility of scams. Negative reviews and complaints from users raise concerns about withdrawal issues, platform problems, and deceptive practices. Therefore, caution and thorough research are advised when considering ASIA PACIFIC as a trading option.
Q: Is ASIA PACIFIC a legitimate company?
A: ASIA PACIFIC lacks valid regulation and is currently unauthorized, raising concerns about its legitimacy and potential risks.
Q: What market instruments are available in the Asia Pacific region?
A: The Asia Pacific region offers a variety of market instruments, including equities, derivatives, fixed income, commodities, and foreign exchange.
Q: What types of trading accounts does ASIA PACIFIC offer?
A: ASIA PACIFIC provides demo accounts, standard accounts, premium accounts, and ISA accounts.
Q: What is the leverage offered in the Asia Pacific region?
A: Leverage options vary across different markets, with equity leverage ratios typically ranging from 2:1 to 5:1.
Q: What are the spreads and commissions in the Asia Pacific region?
A: Spreads and commissions vary by instrument and broker, with rates depending on market conditions and individual brokers.
Q: What is the minimum deposit required in the Asia Pacific region?
A: Minimum deposit requirements vary based on the institution and investment type, ranging from $1,000 to $50,000 for equity trading accounts.
Q: What are the deposit and withdrawal methods available in the Asia Pacific region?
A: Deposit and withdrawal methods include wire transfers, ACH transfers, credit/debit cards, and PayPal.
Q: What trading platform does ASIA PACIFIC provide?
A: ASIA PACIFIC offers the Meta Trader 5 trading platform for Windows users.
Q: How can I contact customer support at ASIA PACIFIC?
A: Customer support can be reached through email at pacificfuturesinvestmenta@gmail.com.
Q: What do user reviews say about ASIA PACIFIC?
A: User reviews highlight negative experiences, including issues with fund withdrawals, platform problems, and potential fraudulent activities. Caution and thorough research are advised.