Aphex Holdings Review – What are the Warning Signs?

Aphex Holdings Review

Aphex Holdings logoA couple of decades ago, many people could only dream about trading in the forex market, or any other financial market and enjoy the lucrative opportunities they were known to have. Entering the trading world was not that straightforward, so there wasn’t much people could do. It wasn’t until online trading became a widespread concept that people finally found a way to tap into this space and enjoy the profits it had to offer. Online brokerages play a key role in this process and their importance has only increased over the years. But, this Aphex Holdings review will disclose that not everything is up and up where these brokers are concerned.

It is true that there has been an explosion of online brokers in the market, simply because there is a lot of traffic in the financial markets. With the advent of cryptocurrencies and digital assets, there has been renewed interest in this space and millions of people all over the globe have joined the race. This has obviously pushed up the demand for good online brokers to give you access to the digital assets as well as the forex and other traditional financial markets.

In response, thousands of companies have been established to cater to people who want to trade in the financial markets and you will have a sea of options to choose from when you decide to look for an online broker. However, one vital thing you need to remember is that not every online broker is founded to provide you the best of services. Some of them just intend to take your hard-earned money, which they do by scamming you. Indeed, you will find tons of stories of brokerage scams happening left and right and this shows that you have to be careful.

Aphex Holdings website


How To Get Your Money Back?

Get your money back from any scam broker!
Fill in the contact form on the page in this link and you will get the help you need in order to recover your stolen money! You will be guided through the whole refund process by the customer support of a recommended scam recovery service after which a case will be opened for you by a personal case manager.


Bear in mind that no company will ever admit to its fraudulent nature, so you have to look for the warning signs. One of the companies that requires this attention is Aphex Holdings, which claims to be a pioneer in the world of digital asset management and an innovative investment platform in this space. According to its website, the platform is based in Ireland, but is offering its services globally and all of this sounds great. The only problem is that this sounds like a story and it is exactly that. What are the warning signs? Take a look at them below:

No licensing information

The most important piece of information that every online brokerage should willingly provide to its potential customers is about its license. These companies need to obtain a license from the regulatory body in the jurisdiction they are based in. This can only be done after they have fulfilled a certain criteria and are willing to abide by certain rules and regulations that can ensure their accountability. You will find that most professional brokers readily disclose their licensing status, but Aphex Holdings does not appear to be one of them.

When you go through their presentation, you will find that Aphex Holdings does mention the name of the company that owns and operates it; APHEX CAPITAL PUBLIC LIMITED COMPANY. But, the problem is that you will not find any other information on their website. There is no licensing information provided and there is no corporate background given either, something a genuine company would never do.

The only piece of information that you do discover on the Aphex Holdings website is some obscure address in Ireland and they have also made a vague reference to the United Kingdom in their Terms and Conditions. No other data is given about regulatory status. But, if you check the online registers of the Central Bank of Ireland (CBI), which oversees brokers in Ireland, or the Financial Conduct Authority (FCA), which does the same in the UK, you will not find Aphex Holdings or its parent company listed.

This means that Aphex Holdings is not licensed in any jurisdiction and this is a warning sign because unlicensed companies cannot and should not be trusted.

Malicious bonus policy

Another warning sign that you will discover on the Aphex Holdings website is the fact that the broker is offering trading bonuses to its clients. Yes, this in itself is a warning sign because bonuses have been banned in practice in a number of regulated jurisdictions, including the UK, which is mentioned in the broker’s Terms and Conditions. These have been banned because they tend to be exploitative, something which becomes apparent when you check the bonus policy available.

You will find that Aphex Holdings’ bonus policy does not allow traders to make withdrawals before they have completed the terms of the bonus. The terms of the bonus require you to achieve a minimum turnover requirement, which is nearly impossible to achieve. Furthermore, you will find that the broker says outright that they can change their bonus policy whenever they wish. This means that if you even come close to achieving the said requirement, they are likely to change it to prevent you from withdrawing. This itself is a huge warning sign about the broker’s authenticity.

Excessive withdrawal fee

The problems get worse as you continue looking into Aphex Holdings because the broker appears to have excessive withdrawal fee as well. You will discover that they require you to meet a minimum trading volume requirement before allowing you to make withdrawals, even without a trading bonus. Should you fail to meet this requirement, they apply a 15% levy on top of the handling and processing fee already associated with withdrawal. These days, most professional companies are actually waiving off withdrawal fee altogether, yet Aphex Holdings seems to be doing the opposite.

Lack of functional trading platform

When you decide to take a look at the trading platform available at Aphex Holdings, you will learn that they do not seem to be offering a functional one at all. All you will find is a funny looking web trading platform, which does not even load properly and is only meant to create an illusion.

Final Thoughts

These warning signs should tell you that Aphex Holdings is a broker that should not be trusted.


How To Get Your Money Back?

Get your money back from any scam broker!
Fill in the contact form on the page in this link and you will get the help you need in order to recover your stolen money! You will be guided through the whole refund process by the customer support of a recommended scam recovery service after which a case will be opened for you by a personal case manager.