
On 20 Sep 2022, the United Kingdom Financial Conduct Authority (UK FCA) issued a warning that Appex Market is providing financial services or products in the UK without authorisation. You may visit: https://www.fca.org.uk/news/warnings/appex-market
Appex Market claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.
In addition, this broker also claims to be located in the UK. As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we only found a warning against the scam in UK FCA.
The UK regulator warned that Appex Market was providing financial services or products in the UK without authorisation.
The truth is that Appex Market is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
Appex Market claims to be a reliable broker without presenting any information about its regulation. The lack of such important information may be a distinct signal of an unlicensed broker, as regulated brokers always present their accreditations and licenses in a prominent position. It is a red flag.
In addition, this broker also claims to be located in the UK. As per United Kingdom law, almost all firms and individuals offering, promoting, or selling financial services or products in the UK shall be authorized by the United Kingdom Financial Conduct Authority (UK FCA). However, we only found a warning against the scam in UK FCA.
The UK regulator warned that Appex Market was providing financial services or products in the UK without authorisation.
The truth is that Appex Market is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.
BrokersView found the domain "https://www.appexmarket.com/index-2.html" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.
BrokersView found the domain "https://www.appexmarket.com/index-2.html" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.