Wikilix - Broker Reviews & Analysis

Your trusted platform for comprehensive broker reviews, analysis, and trading education. Making informed trading decisions through transparency and community insights.

Trusted by 50,000+ traders worldwide

Quick Links

  • About
  • Contact us
  • Regulators
  • Education
  • Privacy Policy
  • Editorial Policy

Resources

  • All Brokers
  • Top Brokers
  • Scam Alerts
  • News
  • Spread Meter

Connect With Us

[email protected]
[email protected]
Secure & Encrypted
Global Broker Coverage

Broker categories

  • Tier 1 regulated
  • Tier 2 regulated
  • Tier 3 regulated
  • Tier 4 regulated
  • Onshore brokers
  • Offshore brokers
  • Unregulated brokers
  • Brokers by country
  • Broker rankings
© 2026 Wikilix. All Rights Reserved.

Trading involves risk. Please consider your investment objectives and risk tolerance before trading.

Wikilix
  • Home
  • Broker
  • Rankings
  • Regulators
  • Learn
  • Insights
  • Spread Meter
  • Prop Firms
Wikilix
Wikilix

Browse

  • Home
  • Learn
  • Spread Meter

Follow us

  1. Home
  2. Brokers
  3. APX PRIME
  4. Is APX PRIME a scam?
APX PRIME logo

Independent safety report

Is APX PRIME a scam?

Likely scamMEDIUM confidence
Updated August 28, 2026
Unlicensed offshore broker, fake US regulation, withdrawal trap

APX Prime shows the classic warning signs of a scam broker. It holds no genuine trading licence, it displays a United States regulator ID that does not exist on the official register, and traders report that approved withdrawals never arrive.

  • The only regulatory badge on the site is an NFA ID (0557158). We searched the US National Futures Association register by that number and by the firm name and found nothing.
  • The operating company is APX Prime Limited, an offshore shell registered in Saint Vincent and the Grenadines, where the financial regulator does not licence forex brokers.
  • Across Trustpilot, ForexPeaceArmy and independent review sites, users describe the same failure: withdrawals approved on paper but money never paid, some pending for months.
  • A 200 percent deposit bonus is used to pull money in, then support blames the payment provider and stalls.
  • The website and company are about five years old, so this is not a brand-new site, but age does not make an unlicensed operation safe.
Full broker profileOfficial site

Safety verdict

High risk
0%Scam risk
2.0/5Safety rating 2 out of 5
Wikilix safety rating
medium
Confidence
At a glance
Proof of regulationNot found
Clone of another firmNo
TypeUnlicensed offshore broker, fake US regulation, withdrawal trap
Evidence items6
  • VerdictReading now
  • Risk scorecard
  • Who they are
  • Regulation
  • Why this verdict
  • Evidence
  • The other side
  • What would change
  • Check it yourself
  • FAQ
  • What we recommend
Report progress
Total sections11
Read1
VerdictRisk scorecardWho they areRegulationWhy this verdict

Risk scorecard

Each area is scored 0 (clean) to 10 (worst). Higher means more risk.

Worst area: Critical
SeverityLowModerateHighCritical

Regulation

7/10 · High

No genuine licence; displays a fabricated NFA (US tier-1) ID that returns no result on the register; offshore IBC is not a licence.

Identity & transparency

6/10 · High

A legal entity, registration number and address are disclosed, but a false regulator claim, a separate Malaysia contact address and a personal email undercut transparency.

Withdrawals & conduct

8/10 · Critical

Fund-integrity pattern across at least three platforms: approved withdrawals unpaid, months-long delays, 200 percent bonus trap; some positive reports temper the top of the scale.

Reputation

7/10 · High

Trustpilot 2.2 with 84 percent one-star, plus scam flags on independent review sites; volume is modest and some reviews are recovery-scam spam.

Website claims

8/10 · Critical

Advertises a US NFA registration that does not exist and claims 'several years of trusted' service; the false tier-1 claim is the core misrepresentation.

Operational history

4/10 · Moderate

Verified roughly five years of operation (domain and company both 2021); real longevity mildly mitigates, but it is an offshore shell with ongoing complaints.

Who they are

A quick desk file on the company behind the brand.

  • Brand: APX Prime
  • Legal entity: APX Prime Limited
  • Registered: First Floor, First Saint Vincent Bank Ltd. Building, James Street, Kingstown, Saint Vincent and the Grenadines (IBC 26445 BC 2021)
  • Website: apxprime.com
  • Only 'licence': a claimed NFA ID (0557158) that returns no result on the US register, plus an offshore company registration that is not a trading licence
  • Offers: Forex and CFDs on MetaTrader 4, plus copy trading and PAMM; Cent, Standard and ECN accounts from 10 USD
  • Deposit methods: cards, FasaPay and crypto (USDT, BTC, ETH, XRP, ADA)
  • Age claim: the site boasts 'several years of industry experience'; the domain and company both date to 2021
APX Prime home page, captured 28 August 2026.
APX Prime about page showing the offshore company details and the claimed NFA ID.

Regulation

Who really oversees this broker, and what each licence is worth to you.

No proof found

Proof of regulation on an official register: No

We could not confirm this broker on any genuine regulator’s register.

Licences the broker publishes

National Futures Association (NFA)

UnverifiedTier 1
The US self-regulatory body for the derivatives and retail forex industry; genuine membership is tier-1. We searched NFA BASIC by the displayed ID and by firm name and found no record, so this claimed registration does not exist.
Protection: None for this broker; the claimed registration cannot be found
Found by our investigation (1) — the broker does not list these on its own site

Saint Vincent and the Grenadines FSA (company registry)

Found by us — not listed by the broker

VerifiedNot a forex licenceLimited relevance
An offshore International Business Company registration (IBC 26445 BC 2021), not a financial licence. The SVG authority has stated it does not licence or supervise forex brokers, and third-party records indicate this registration may no longer be active.
Protection: None

Why we reached this verdict

How the evidence adds up.

We reached a likely-scam verdict because of what the broker claims, what the register actually shows, and what its own clients report.

  • A regulator ID that does not exist. APX Prime prints NFA ID 0557158 on its site. We checked the NFA BASIC register on 28 August 2026, searching both the ID and the name APX Prime. Both returned zero results. Displaying a US federal regulator number that does not resolve, while taking client deposits, is deliberate deception, not a paperwork gap.
  • No real licence anywhere. The operating company is an offshore International Business Company in Saint Vincent and the Grenadines. That is a company registration, not a financial licence, and the SVG authority has publicly stated it does not licence or supervise forex brokers.
  • A withdrawal-trap pattern. On Trustpilot (rated 2.2, with 84 percent one-star reviews), on ForexPeaceArmy and on independent review sites, clients describe the same mechanism: a withdrawal is approved, then the money never arrives and support blames the payment provider. Reports carry dates spread from August 2024 into 2025, on more than one platform, with checkable detail. That meets the pattern test for a fund-integrity problem, which is the most serious kind of complaint.
  • Deposit incentives that lock funds in. A 200 percent bonus and crypto deposit rails at an unlicensed entity are the standard tools for getting money in that is then hard to get out.

Note on operating history: the 5.1-year track record rests on domain registration alone. No company incorporation date could be established, so this is an upper bound rather than a confirmed age.

Evidence ledger

Every finding, with its source and how strongly it points.

5 against1 in favour
  • E1APX Prime displays NFA ID 0557158 as its regulatory credential, but the NFA BASIC register returns zero results for both the ID and the firm name APX Prime, searched 28 August 2026.

    StrongNFA BASIC register
  • E2Trustpilot rates apxprime.com 2.2 (Poor) with 84 percent one-star reviews; users report withdrawals approved but never paid and support stalling by blaming the payment provider (dates from August 2024 into 2025).

    StrongTrustpilot
  • E3The operating entity is APX Prime Limited, an offshore IBC (26445 BC 2021) in Kingstown, Saint Vincent and the Grenadines, a jurisdiction whose authority does not licence forex brokers; the site shows no genuine licence.

    ModerateAPX Prime about page
  • E4The apxprime.com domain was registered on 16 July 2021, consistent with the 2021 company incorporation, so the operation is roughly five years old and does discloses a real named entity.

    ModerateRDAP (Verisign)
  • E5An independent broker review documents around 22 complaints, notes the offshore-only status and concludes APX Prime appears to be a scam, citing withdrawal delays and lack of a valid licence.

    ModerateBrokersView
  • E6The unlicensed broker offers a 200 percent deposit bonus and crypto deposit rails (USDT, BTC, ETH, XRP, ADA), the standard tools for drawing in funds that are then hard to withdraw.

    ModerateAPX Prime website
An independent broker review flags APX Prime over withdrawal complaints and the lack of a valid licence.

The other side

The strongest case in this broker’s favour.

In fairness, some things here are not what a throwaway scam site looks like.

  • The operation is genuinely about five years old. The domain was registered in July 2021 and the company was incorporated the same year, so this is not a two-week-old fake.
  • The broker does disclose a named legal entity, a registration number and a registered address, rather than hiding entirely.
  • Some of the loudest negative reviews are contaminated by recovery-scam spam (posts pushing 'reclaim' services), and competitors do plant fake complaints, so the raw one-star count should be read with care.
  • A handful of users report eventually getting paid.

None of this cures the core problem: there is no valid licence, the US regulator claim is false, and independent clients on separate platforms describe money that did not come back.

What would change this

What we would need to see to revise the verdict.

Our view would move if the facts changed.

  • Toward safer: a genuine, in-force licence from a real regulator, verifiable on that regulator's own register under the entity APX Prime Limited, with the apxprime.com domain listed.
  • Toward safer: removal of the false NFA claim and a consistent, verified record of withdrawals being paid on time.
  • Toward worse (confirmed scam): a regulator warning or alert naming apxprime.com, or several credible, documented cases of clients being told to pay a tax or fee before funds are released.

Check it yourself

Official registers and warning lists. Verify every claim first-hand.

2 sources

NFA BASIC register (search 'APX Prime' or ID 0557158)

The US NFA membership register; APX Prime returns no result.

APX Prime website

The broker's own site, where the NFA ID is displayed.

Frequently asked questions

Quick answers about this broker’s safety.

12 questions
Is APX Prime a scam?

It shows the main hallmarks of one. It has no valid licence, it advertises a US NFA ID that does not exist on the register, and clients on several platforms report that approved withdrawals were never paid. We rate it likely a scam and advise against depositing.

Is APX Prime regulated?

No. Its only company paper is an offshore International Business Company registration in Saint Vincent and the Grenadines, which is not a trading licence. The NFA registration it claims cannot be found on the NFA register.

Is the NFA ID 0557158 real?

We searched the NFA BASIC register by that ID and by the name APX Prime on 28 August 2026. Both returned zero results. The number does not correspond to any registered firm, so the claim is false.

Can I withdraw my money from APX Prime?

Many users say no. The common complaint is that a withdrawal is marked approved but the money never arrives, sometimes pending for months, with support blaming the payment processor.

Is my money safe with APX Prime?

There is no evidence it is. With no real regulator, there is no compensation scheme and no supervisor to complain to if funds are withheld.

Who owns and runs APX Prime?

The site names APX Prime Limited, an offshore company in Kingstown, Saint Vincent and the Grenadines. A public listing also shows a Malaysia contact address and a personal email, so day-to-day operations may sit elsewhere.

How old is APX Prime?

The apxprime.com domain was registered in July 2021 and the company was incorporated in 2021, so the operation is roughly five years old. Age alone does not make an unlicensed broker safe.

What is a Saint Vincent and the Grenadines registration worth?

Very little for trader protection. It is a low-cost company registration, not a forex licence, and the SVG authority has stated it does not licence or supervise forex brokers.

Is APX Prime a clone of another broker?

We found no evidence it is impersonating a specific regulated firm. The NFA number it shows does not belong to another company; it simply does not exist on the register.

What is the 200 percent bonus about?

Users describe it as a hook to encourage larger deposits. Bonus terms at brokers like this often tie up funds until an unrealistic trading volume is met, which can block withdrawals.

I was scammed by APX Prime. What should I do?

Stop sending money, especially any 'tax' or 'fee' to release funds. Gather your records, contact your bank about a card chargeback, and report the matter to your local financial regulator or police. Be wary of 'recovery' services, which are often a second scam.

What should I check before depositing with any broker?

Confirm the licence number on the regulator's own website, check that the broker's exact domain and legal entity are listed there, read recent independent reviews for withdrawal complaints, and avoid brokers offering large bonuses or crypto-only deposits with no real oversight.

What we recommend

The practical takeaway from everything above.

Our advice

Treat APX Prime as high risk and do not deposit.

  • Do not send new money, and do not chase a stuck balance by paying any 'tax', 'fee' or 'verification' charge to unlock it. That is how the loss is doubled.
  • If you have funds there, request a full withdrawal now, keep written records and screenshots, and if you paid by card ask your bank about a chargeback.
  • Choose a broker licensed by a strong regulator such as the FCA, ASIC or a comparable authority, and confirm the licence on the regulator's own website before depositing.

This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed August 28, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.