APS Bank Review 2026
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- Not specified
- myAPS (web and mobile banking with investment functionality)
- None
- Fund investing, advisory, portfolio management
Our Evaluation of APS Bank
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
APS Bank is a broker with higher-than-average risk and the TU Overall Score of 3.07 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by APS Bank clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
How we tested APS Bank
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at APS Bank
APS Bank is a regulated financial institution that provides both banking and investment services in the Maltese market under the supervision of the Malta Financial Services Authority (MFSA). Founded in 1910, the bank has developed into a diversified financial group, with its investment division, APS Funds SICAV, established in 2008. APS Bank delivers investment solutions through a range of managed funds and tailored capital management strategies designed for individuals and corporate clients seeking structured, transparent, and goal-oriented portfolio growth. Investors can select balanced, conservative, or dynamic portfolios and receive professional guidance on portfolio allocation and risk management.
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- Regulated activity under MFSA supervision.
- Strong reputation with more than a century of operations.
- Wide selection of funds by risk level and investment objectives.
- Individual recommendations and client support.
- Transparent asset management and reporting structure.
- Focus on sustainable, long-term (ESG) investments.
- Ability to invest in euros without currency conversion.
- No margin trading or leverage.
- No derivatives or instruments for active traders.
- Trading available only through the bank’s internal system rather than standard trading platforms.
TU Expert Verdict
Chief Analytics Officer
APS Bank offers personal and business accounts in euros with investment features integrated in its myAPS web and mobile banking platform. The bank is regulated by the Malta Financial Services Authority and delivers a structured investment approach focused on mutual funds, ETFs, equities, and bonds. Investors may select self-directed execution, advisory support, or full discretionary management, supported by professional guidance and transparent reporting. The service emphasizes ESG principles, maintains strict internal controls, and provides 24/7 access to portfolio data for both private and corporate clients.
A few disadvantages are the absence of margin trading or leverage, no access to derivatives or stock CFDs for active traders, and higher commissions on foreign assets, such as a minimum EUR 65 for international trades. Investment activity is restricted to the proprietary myAPS system rather than standard external trading platforms. APS Bank is suitable for investors seeking long-term portfolio management and diversification, but active and cost-sensitive traders may not find the offering optimal.
APS Bank Summary
Your capital is at risk. The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed Income can be substantial.
| 💻 Trading platform: | myAPS (web and mobile banking with investment functionality) |
|---|---|
| 📊 Accounts: | Personal, Business |
| 💰 Account currency: | EUR |
| 💵 Deposit / Withdrawal: | Bank transfer |
| 🚀 Minimum deposit: | Not specified (depends on selected product and strategy) |
| ⚖️ Leverage: | None |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | Depends on the instrument |
| 💱 EUR/USD spread: | Stocks: local 0.75–0.95%; international 1% of trade value |
| 🔧 Instruments: | Local and foreign bonds and stocks, ETFs, mutual funds, foreign currencies, insurance-linked investment products, pension plans |
| 💹 Margin Call / Stop Out: | None |
| 🏛 Liquidity provider: | N/A |
| 📱 Mobile trading: | Via myAPS mobile banking |
| ➕ Affiliate program: | No |
| 📋 Order execution: | Execution on client’s behalf |
| ⭐ Trading features: | Fund investing, advisory, portfolio management |
| 🎁 Contests and bonuses: | No |
APS Bank offers three investment models: execution-only for self-directed investing, advisory support with final decisions made by the client, and discretionary management handled by bank specialists. This structure allows investors to choose their level of involvement based on their experience and objectives. APS Bank clients have 24/7 access to investment data through the online user account, where they can download reports, review asset valuations, and track portfolio performance. All transactions are carried out in a secure environment that complies with Maltese regulatory requirements.
APS Bank Key Parameters Evaluation
Trading Account Opening
To start investing with APS Bank, follow these steps:
Download the myAPS mobile app.
Complete the form with your personal details: name, surname, and phone number.
Provide your identification and bank account numbers.
Verify the provided data by uploading document screenshots.
After connecting to myAPS, investors gain access to investment options, including fund selection, portfolio tracking, and report downloads.
User Account features:
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24/7 access to investment data.
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Viewing assets by type, ISIN, and market value.
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Downloading reports in various formats.
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Monitoring balance and portfolio value changes.
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Notifications about fund updates and cash movements.
Is APS Bank Safe?
APS Bank is licensed by the MFSA (Malta Financial Services Authority) under registration number C 2192. Investment products are offered through its subsidiary APS Funds SICAV plc, licensed under CIS/131. Both entities operate under EU regulations and are fully supervised by the Maltese financial regulator.
The bank uses encrypted connections and internal risk control protocols to protect client data and finances. Information about clients and their investments is processed under GDPR and not shared with third parties.
Advantages
- Regulated by MFSA.
- Compliance with AML/KYC and GDPR standards.
- Separation of banking and investment assets.
- Licensed structure for fund management.
Disadvantages
- Client complaints are handled within Malta’s jurisdiction.
- No compensation mechanism disclosed in case of broker insolvency.
Commissions and Fees
APS Bank applies fixed commission rates that vary by instrument and trade size. For local bonds, the commission is 0.25% for trades up to EUR 25,000 and 0.2% for higher volumes, with a minimum charge of EUR 12.50. For local stocks, the commission is 0.95% for smaller trades and 0.75% for larger ones, also with a minimum of EUR 12.50 per transaction. Commissions for foreign assets are higher: 0.75% for bonds and 1% for stocks, with a minimum charge of EUR 65.
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| Personal | 0.2% or EUR 12.50 | EUR 12 for withdrawals outside SEPA via myAPS |
Additional fees: SEPA transfer at branch EUR 40, bank certificates EUR 20–50, printed reports EUR 1–5, and security token for 2FA protection EUR 10 per year.
Account Types
APS Bank offers two investment account types: one for individuals and one for businesses. Both provide access to the myAPS platform, a choice of management model that includes execution-only, advisory, or discretionary service, and support aligned with the investor’s objectives.
Each account is denominated in euros and configured according to the client’s goals, risk profile, and investment horizon. An APS consultant assists with selecting the appropriate service model and provides ongoing support throughout the investment process.
Deposit and Withdrawal
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Deposits can be made via bank transfer from any account registered in the client’s name, including from another bank.
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Transfers are made in euros.
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Withdrawals are possible only to the same account used for funding.
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Fees and processing times depend on whether the transfer is initiated online or at a branch.
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SEPA transfers via myAPS are free.
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SEPA transfers at a branch cost EUR 40.
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Non-SEPA transfers via myAPS cost EUR 12.
Investment Options
APS Bank provides access to a wide range of investment solutions suitable for both beginners and experienced investors. Its core offerings are managed funds covering multiple asset classes and strategies. All funds are regulated by the MFSA and comply with UCITS directives, ensuring transparency and investor protection.
APS managed funds as an alternative to active trading
The core focus of APS Bank’s investment platform is passive income generated through professionally managed funds. Investors can select one or more APS Funds that match their objectives, investment horizon, and risk profile, ranging from stable income strategies to balanced capital growth.
Main options for passive investors:
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Managed funds with diversified asset structures.
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Risk-based selection from conservative to aggressive strategies.
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Regular reporting accessible via myAPS.
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Euro-denominated investments without currency conversion.
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Personalized consultations online or in-branch.
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No need for daily control: management handled by APS Funds specialists.
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UCITS-compliant protection and transparency.
Additionally, APS Bank offers the Kapital Plus investment-insurance product, combining capital accumulation with potentially higher returns than standard deposits. Developed jointly with MAPFRE MSV Life, it is suited for clients with long-term financial goals.
APS Bank partnership program
No public information is available on an affiliate or referral program for individuals or intermediaries. All brokerage and investment services are provided directly through the bank’s branches and authorized advisors.
Customer Support
APS Bank provides investment support as part of its standard banking service. Investment consultations are available online, in branches, and through a dedicated manager if assigned.
Advantages
- In-person investment consultations.
- Personalized onboarding for investment products.
- Multiple contact channels including phone and email.
Disadvantages
- No 24/7 support.
- Limited availability without prior appointment.
Available communication channels:
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Feedback form on the website.
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Online chat on the website.
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myAPS app.
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Call center by phone.
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Email.
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Bank branch visits.
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Facebook, LinkedIn, Instagram.
Support hours vary by contact method. Appointments can be scheduled in advance.
Contacts
| Registration address | APS Centre, Tower Street, Birkirkara BKR 4012, Malta |
|---|---|
| Regulation |
MFSA
Licence number: C 2192 |
| Official site | https://www.apsbank.com.mt/ |
| Contacts |
+356 2122 6644
|
Education
APS Bank’s website does not include a dedicated educational section for investments. There are no structured courses, articles, or video tutorials. Clients instead receive basic guidance and recommendations through personal consultations with the bank’s investment specialists.
Clients also gain access to fund documentation detailing investment objectives, risks, and portfolio structure. Education as a standalone service is not offered, as the focus is on managed investment solutions and client advisory support.
Detailed review of APS Bank
APS Bank offers a comprehensive range of investment services built around verified mutual funds tailored to different objectives and risk levels. These solutions are designed for clients who prefer sustainable, diversified capital management without active trading. The bank serves both retail and corporate investors, meeting needs that extend from capital preservation to balanced portfolio construction. APS Bank maintains strong financial stability, and its shares are listed on the Malta Stock Exchange under the ticker APS.
APS Bank by the numbers (as of June 2025):
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ROAE (Return on Average Equity): 3.3%
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Loan portfolio: EUR 3.34 billion
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Client deposits: EUR 3.85 billion
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Group assets: EUR 4.32 billion
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Bank equity: EUR 309 million
APS Bank as an alternative to traditional brokers
APS Bank does not offer high-risk leveraged trading like classic brokers. Instead, it provides structured investment solutions through its proprietary range of funds. Rather than using leveraged instruments or speculative exposure, clients gain access to managed strategies that comply with EU financial market regulations.
The investment focus centers on APS Bank’s in-house funds, supported by consultations and online access through myAPS. This format suits investors who prioritize long-term results, stability, and professional expertise and who are comfortable delegating capital management. APS Bank operates as an investment partner that delivers personalization, transparency, and strong regulatory protection.
APS Bank services:
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Financial planning with personalized investment recommendations.
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myAPS online access to investments, reports, and asset valuations.
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Fund brochures and documentation disclosing objectives, risks, and holdings.
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Kapital Plus investment-insurance solution.
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Reports and notifications downloadable via myAPS.
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Flexible service models: execution-only, advisory, or discretionary.
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Integration with bank accounts for seamless fund management.
Advantages:
Support for institutional investors and pension schemes.
Availability of fixed-income and dividend funds.
Advanced internal control and risk management systems.
Investments managed by the licensed APS Funds SICAV plc.
Flexible strategy selection from conservative to aggressive.
Client support in English and Maltese.
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