The German BaFin issues a warning against Apex Platform On January 31, 2024, the Federal Financial Supervisory Authority (BaFin) warns consumers about the services offered on the website apexplatform.tech, which is providing financial and investment services without the required authorisation. https://www.bafin.de/SharedDocs/Veroeffentlichungen/EN/Verbrauchermitteilung/unerlaubte/2024/meldung_2024_01_18_apexplatform_en.html
Apex Platform
VisitRisk Level - High
Apex Platform
Risk Level - High
Scam Evidence & Warnings
BrokersView has reviewed that Apex Platform is an unregulated trading platform Apex Platform purports to be registered in Australia, yet it has not obtained the necessary financial licenses from the Australian Securities and Investments Commission (ASIC). This lack of proper licensing is a significant warning sign.The platform also provides a registration number, 10512494 LLC 2022, claiming its registered office is in the UK. However, a check with the Companies House (CH) reveals that this number is linked to an unrelated company that has since been dissolved.Adding to the concerns, the Federal Financial Supervisory Authority (BaFin) has issued a consumer warning about the services offered on the website apexplatform.tech. The unknown operator is reportedly providing financial and investment services without the required authorization.In summary, Apex Platform operates without regulation from any governing body, posing a high risk to investors due to the absence of legal protections for their funds. Therefore, it appears that Apex Platform could potentially be a scam.
Apex Platform's regulation? Apex Platform is offering financial services outside of any regulatory frameworks.Apex Platform claims to be registered in Australia but lacks the necessary licenses from the Australian Securities and Investments Commission (ASIC). It also provides a UK registration number, 10512494 LLC 2022, which, however, is linked to a dissolved, unrelated company. Adding to concerns, the Federal Financial Supervisory Authority (BaFin) has issued a warning about the unauthorized services offered on the website apexplatform.tech.Given these circumstances, Apex Platform is not a safe option for traders, posing risks including fraud and identity theft. To mitigate such risks, investors are advised to steer clear of unlicensed platforms like Apex Platform and instead opt for fully regulated ones. View Source
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