APPFX – what we know and have as facts about it; This is a trade name of APPFX Limited, which is authorized and regulated by the VFSC under register number 40293. This license allows it to conduct various financial services, including receiving, transmitting, and executing customer orders.
We have found in the Product Disclosure Statement document that APPFX is a market maker and acts as a principal and the counterparty for the CFD trades that clients enter into. In general, dealing with market makers involves a conflict of interest because they do not transmit customer deals and hope that customers will lose. Every loss of customers is their profit.
So far, we have not received any complaints from customers of APPFX. If you have any criticism to share with us or feel annoyed by APPFX, please fill in the form below, detailing your case. Once we have made your case public, we may attempt to mediate between you and APPFX if you wish.