APM Capital Review – Brokerage Scam Trying to Defraud Investors

Rating
Broker status Unregulated Broker
Regulated by Unlicensed Scam Brokerage
Scammers Websites apmcapital.ae
Blacklisted as a Scam by N/A
Owned by APM Capital Limited
Headquarters Country UAE
Foundation year 2022
Supported Platforms MT5 & ArkTrader
Minimum Deposit N/A
Cryptocurrencies Forex, Indices, Commodities, ETFs, Stocks
Types of Assets No
Maximum Leverage N/A
Free Demo Account No

The Truth about APM Capital’s Regulation

First, the con artist claimed that APM Capital Limited was responsible for the fraud. It is located in the United Arab Emirates. APM Capital also mentioned a regulator – APM Capital claimed it was regulated under the FSRA. This is in fact the ADGM from Abu Dhabi.

APM took us for fools. Although the company is listed in the ADGM database, it does not mean that much. We are well-known for being an “offshore jurisdiction”, i.e. a “free zone”. The laws are favorable to those who want to avoid strict rules.

We also checked the register at the UAE Central Bank to verify that APM Capital Limited was not listed.

Why is trading on a licensed broker’s platform preferable?

APM Capital, an offshore provider, does not need to follow the regulations that allow the financial market to function smoothly. Additionally, clients’ funds are not protected if they aren’t registered with the central banking.

You want a trustworthy broker. Make sure the license is from top-tier regulators like the UK’s FCA or German BaFin.

So is APM Capital a decent broker or a scam?

APM Capital is an alleged financial market provider located in the United Arab Emirates. Cyber fraudsters target traders from this country as well as those from Denmark and the United Kingdom.

APM Capital Offers MetaTrader 5. Online Trading Platform

APM Capital agrees that Meta Trader 5 is the best trading platform anywhere in the world. Its name is an excellent lure for unsuspecting victims. We don’t have any guarantee that the software we are downloading is legitimate and hasn’t been hacked. APM scammers often offer suspicious download files which could contain malware.

We strongly recommend that you avoid this financial swindler. There are many reliable brokers who also offer MT5.

ARK Trading

APM Capital allegedly offered the ARK platform to APM Capital, which was “designed and developed with the most recent technologies in I.T. According to the broker, it is a “design, and developed with the latest technologies in I.T. industry.” It may be attractive to traders, but it is not for APM. APM uses it as a means to an end. We don’t trust APM on this.

Trade on the Mobile App

Mobile phone trading? There are some benefits to mobile trading, including flexibility and the ability to trade on the move. It’s not as efficient as desktop trading when it comes down to actual experience. These are the opinions of many traders who have posted on the forums. These are the words of multiple traders from the forums.

Web Trading

Last but not least, WebTrader was included in the scammy broker. This browser-based platform is quite basic and lackingluster, as you probably know. It is easy to obtain, and scammers love it.

It is therefore the most likely platform of all the ones mentioned. It is also easy to manipulate.

What can be traded?

APM provided a list of trading assets. The broker was vague on the subject. Because the website is confusing and full of broken links, no instruments were provided. This is a hoax designed to lure traders into the vile scheme.

  • Forex pairs.
  • Indices;
  • Commodities;
  • Equities;
  • ETFs.

APM Capital – Countries of Service

APM Capital is an offshore provider in UAE and targets traders from the UAE. We can see why people might fall for the broker’s lies with a dubious regulation. APM also has its sights on victims in the UK and Denmark, which we discovered along with the UAE. This clever trickster is to be avoided.

What do we know about APM Capital Account Types

APM Capital offers no account types. We only found the demo and live accounts. We were not provided with the required information to understand trading conditions, such as spreads, leverage, commissions, and minimum deposit. Can you see that? We didn’t expect much, however.

Is it possible for a trader to open a demo account?

Technically, no. Although there is an option to create a demo account on the website, the link is broken. It just takes you back to home page. We don’t know why it was put there. Maybe to make it seem legitimate. The reg flags keep piling up.

About Spreads, Leverage and Fees

APM Capital, come on! Did it really take that much effort to write about important aspects of trading? How can you expect traders trust you if you have omitted leverage, spreads, and commissions? This lack of transparency is very troubling. It is a wise decision not to invest.

Minimum Deposit and Withdrawal Conditions

The minimum deposit is still a mystery. This shouldn’t be surprising. We are not surprised by the lack of clarity on the website. It’s missing payment options, fees, and processing time.

This can only be understood to mean that APM Capital wants to make contact with potential victims in order to agree on the payment details. The poor traders do not know that APM Capital will embezzle all deposited funds as soon it receives them. The broker will then retreat to the shadows.

Chargeback Is Your Solution!

A chargeback is the retroactive cancellation and refund of a charge made using your credit card, wire transfer or some other payment methods.

By putting together a compelling chargeback strategy from beginning to end, victims of online fraud have a relatively high probability of recovering some of all of their funds lost.

However, using a trustworthy service such as MyChargeBack is critical in this endeavour as a typical chargeback process can often be complex and drawn out without the right guidance.

Request a free consultation today by clicking the button below!

Free consultation

What is a chargeback?

Chargebacks are a way for your bank to reclaim funds from the merchant. We recommend that you contact us immediately to initiate the process. In a free consultation, we will discuss how to get your money back immediately!

APM Capital: Video

Below you will find a short video about APM Capital. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about APM Capital!

FAQ

  • What is APM Capital?

    APM Kapitalis an offshore brokerage based in the United Arab Emirates. It intends to defraud traders.

  • Is APM Capital a Scam Broker?

    APM capital is a scam broker. It's opaque, shady, and has not been regulated by any credible authority.

  • Are APM Capitals Available in the UK or the US?

    APM Capital is available to traders from the United Kingdom, but not to those from America.

  • Does APM Capital Offer a Demo Account?

    APM capital claims to offer a demo account, but the link is not working on the website.

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