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Apex Clearing Review: Who Uses Apex Clearing in 2025?
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Is Apex Clearing Safe?
Apex Clearing is one of the largest clearing firms in the investment space. Offering a host of services, Apex enables brokers of all kinds to pass those services on to their investors. From crypto, stock, and ETF trading to robo investing to custodial services, and everything in between, Apex Clearing powers some of today’s most talked about brokers.
Who Uses Apex Clearing?
There are several brokers that use Apex Clearing house to facilitate trades. Here are some popular
brokers using Apex Clearing house.
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Services Offered by Apex Clearing
The popularity of Apex among introducing brokers is most likely due to the diverse services that the clearing firm offers. Here are some of the services that brokers look to Apex for.
- Trade execution
- Clearing
- Settlement
- Back-end office tasks (record keeping and accounting)
- Diverse range of securities and tradable assets like cryptocurrencies, equities, futures, options, ETFs, and mutual funds
- Zero-commission approach to investing
- Fractional share support
- Stock lending programs
- Margin account management
Various account types including custodial, retirement, individual, joint, and institutional
Introducing brokers can utilize some or all of the services that Apex provides to create unique investment experiences for their customers. Some examples of brokers who have done this are Stash, Webull, and SoFi.
What is the Role of a Clearing Firm?
In addition to providing complete ‘backend’ solutions for brokers, clearing firms can have several roles. However, they are best known for three primary tasks: clearing, trade settlement, and custody services.
Clearing
Clearing is arguably the most important thing that a clearing firm does. Clearing involves trade oversight, and the clearing house is responsible for facilitating fair trade.
Trade Settlement
Trade settlement is another key component of a clearing house’s responsibilities. It is up to the clearing house to make sure all ‘paperwork’ is handled for trades that run through its system. It is also the clearing firm who makes sure that buyers and sellers of securities fulfill their obligations.
Custody Services
Custody services can be quite complex but include things like providing a variety of investment accounts, handling technical and security needs of brokers, and acting as ‘management’ in many cases. Custody services also include holding and distributing funds as needed between the broker, the investor, and outside institutions.
Updated on 12/22/2024.
I work in investment analytics and have been investing in the market since I was in high school. I enjoy anything that involves lots of strategy (i.e. a good game of chess), which is why I was naturally drawn to investing and researching companies. Outside of investing, I’m a big fan of the outdoors. In summer, you’re most likely to find me kayaking, camping, and hiking in the mountains.
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