I had investing in forex market from Mt4 and I have broker name APO finace LTD.( w w w dot apforex518 dot com)
They said their site the site is on maintenance due to hacker attacks and they are changing their platform from mt4 to mt5 they are not responding and I have around 10k dollars stuck with them it’s been more then 1 weeks they are not replying no customer support nothing please help guys what shall I do please I had invested all I had I’m broke now I had made a withdrawal of 300 usd before & and they take only usdt coins as deposits please guys let me know it it’s legit or else My life will be completely ruined. Please help urgent help needed
This doesn’t sound good and I hope you get your money back.
But for the sake of other traders there are some interesting points to note when trying to verify a firm is legitimate.
Check the UK FCA register - APO Finance is not a broker authorised to trade in the UK, a tightly regulated market environment with tough penalties for fraud.
APO Finance is registered in the UK as a private limited company, controlled by a Filipino Director plus another company, J&C BUSINESS (UK) CO., LIMITED, another UK registered company with multiple companies under its name. This already does not sound like an ordinary broker.
The website given has a number after the normal web address. This suggests its a cloned site, riding on the good name of the company named but having nothing to do with them. In the same way there could be a website for toyota.com and a site for toyota123.com, Toyota123 (if there is any such company) having nothing to do with Toyota Motor Corporation of Toyota City, Aichi, Japan.
Plus the firm only accept deposits in USDT. There is no business reason with integrity that demands only the acceptance of USDT.
Plus the firm is based in Mumbai, India. Are you serious about trading?
This is what I can see that my account is disabled due to maintenance and when I click on the 3 dots this is this my acc balance and few more info but the broker account is not active
Bad news is that their site is still down - if you google the site name there is some though very little info - google will give you what was on their index page on their header…
Not much more I can tell you - does not look good.
Hey
This does not look good for you.
Only option I can think is contacting authorities.
You will be requiring few things for things to go little in your favour
Your payment proof. Not sure how it will work with USDT.
Account balance proof. Take a screenshot as well as deposit and withdraw statement if you can.
Your broker physical contact method.
Contact UK as well as Mumbai Authorities and contact fast.
PS: SEBI only allow pairs with INR as base or quote currency. So any India based broker providing other Currencies should be fake.
My thoughts exactly, they should be fake. This is why it’s vital to trade with a broker that is regulated and licensed by a know agency, and more importantly they should have an office.
So sorry man that you are going through/went through this.
I’m broke now I had made a withdrawal of 300 usd before & and they take only usdt coins as deposits please guys let me know it it’s legit or else My life will be completely ruined. Please help urgent help needed
