Beware! Enton Apy is an offshore broker! Your investment may be at risk.


Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.


Enton Apy, or Enton Apy Trading, represents itself as a forex broker licensed in many of the world’s leading markets. But these claims do not stand up to scrutiny. This website is actually yet another online scam disguised as an investment firm. Let’s take a detailed look at why you should stay away from Enton Apy and how to find a trustworthy broker.

Enton Apy Regulation and safety of funds

Guaranteed FundsSegregated AccountsNegative balance protection
Enton Apy
UK regulated brokers£85 000YesYes
EU regulated brokers€20 000YesYes
AU regulated brokersNoYesYes
US regulted brokersYesYesNo

The most important information about a financial services provider is its regulatory status. Licensed brokers provide detailed information about which company runs them, where it is based, which jurisdictions it is authorised in and which regulatory bodies oversee its activities. The availability of such information does not guarantee that it is not false or misleading.

Enton Apy does not disclose which company is behind the website. Even the text of the Terms and Conditions does not mention the name of the legal entity.

The homepage of the website claims that the broker is a Cyprus-based entity:

But a contact address in Germany is given:

On the website we also see claims of licences from other jurisdictions such as the UK, Dubai and the USA:

But the text of the Terms and Conditions lists Vanuatu as the applicable jurisdiction – an offshore zone with no significant regulations.

We do not find a licensed broker using this brand and domain in the registries of the financial regulators in all listed jurisdictions.

The financial authorities in another jurisdiction, Russia, have issued a warning that Enton Apy is not licensed.

Under no circumstances should you trust your money to such anonymous websites full of false and contradictory information. Instead, you can turn to one of the many companies that really work under the supervision of respected regulatory bodies like Cyprus Securities and Exchange Commission (CySEC) or Financial Conduct Authority (FCA) in the UK. As their customer you will enjoy a number of guarantees including negative balance protection and guarantee for your funds if the broker goes bankrupt, which goes up to EUR 20,000 in EU and 85,000 GBP in the UK.

Enton Apy Trading software

Analytical toolsAuto tradingCustom indicatorsMobile apps
Enton Apy platform
MT430+ indicatorsAndroid and iOS
MT550+ indicatorsAndroid and iOS
cTrader40+ indicatorsAndroid and iOS

Enton Apy uses a standard web-based trading platform. While this platform has the basic functionality to place orders, it cannot compare to the capabilities provided by MetaTrader 4 (MT4) and MetaTrader 5 (MT5). It is no coincidence that these platforms have established themselves as the industry standard. They offer a wide range of features, including a variety of options for customization, multiple account usage, designing and implementing custom scripts for automated trading and backtesting trade strategies.

It should be noted that the presence of some kind of trading software is no guarantee that this is a genuine broker. Financial scammers often use rigged trading platforms to fool their victims that their money is actually being invested. However, this trading is entirely fictitious and the money goes directly into the scammers’ pockets.

Enton Apy Trading instruments

Enton Apy

In theory, Enton Apy  offers trading in forex, cryptocurrencies, stocks, indices, commodities and other financial instruments. But in the absence of any guarantees that this trading is real, it would be an obvious mistake to choose Enton Apy instead of an established broker.

Enton Apy Spreads and cost of trading

Spread EURUSD0.10.611.1
Spread GBPUSD0.
Spread USDJPY0.

The Enton Apy trading software has a spread of only 0.1 pip. Such a “raw” spread means that the broker has to charge some kind of commission. Usually the commission is per lot traded. But Enton Apy does not provide information on the price paid by the customer.

Enton ApyZ Maximum leverage

Enton Apy100:1100:110:1100:1100:1
UK regulated brokers30:15:110:110:1
EU regulated brokers30:15:12:110:110:1
AU regulated brokers30:15:12:110:110:1
US regulated brokers50:1

Enton Apy offers leverage up to 1:100. Such a high level is not allowed in most of the jurisdictions in which Enton Apy claims to be licensed.

Trading with high leverage allows higher profits, but also increases the risk of sudden and excessive losses proportionally. All leading regulators limit leverage for retail traders. In the EU, UK and Australia the maximum permitted level is 1:30 and in the US it is 1:50. This maximum level only applies to trading major currency pairs, with even more limited leverage for more volatile assets.

Regulated brokers offer higher leverage only to professional clients who must meet very high standards for capital and experience and forgo the guarantees enjoyed by retail traders.

If you don’t qualify as a professional trader but are willing to take the risk of high-leverage trading, the most viable option is to use the services of an offshore affiliate of an established brand.

Enton Apy Deposit and withdrawal methods

Deposit timeWithdrawal timePrice
Crypto24 hours24 hoursFee depends on crypto

Enton Apy only allows the deposit of funds with cryptocurrencies. This is typical of financial scammers. Cryptocurrencies are their payment method of choice because on the one hand they allow the scammer a degree of anonymity, and on the other hand they do not allow the scammed to ask for a refund.

Legitimate brokers typically offer clients a wide choice of transparent payment methods, including bank transfer, credit/debit cards and established e-wallets such as PayPal, Skrill or Neteller.

Enton Apy Minimum deposit

Minimum deposit$1000$5$10$5

The minimum deposit required by Enton Apy is quite high – 1000 USD. For 100 USD or even 10 USD you could open a trading account with a leading global broker.

Enton Apy Withdrawal requirements

Trading volumeFee/Tax on withdrawalMinimum withdrawal
Enton ApyNot specifiedNot specifiedNot specified
UK regulated brokersNoNoNo
EU regulated brokersNoNoNo
AU regulated brokersNoNoNo
US regulated brokersNoNoNo

Enton Apy does not specify extraordinary conditions for withdrawal. But these types of scams always surprise you with hidden fees and other tricks that prevent you from withdrawing your money back.

Top Forex Brokers

BrokerCountryRatingMin. DepositWebsite
US4.99/5$50 Click for a special offerWebsite

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