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Apex Clearing Review For 2025
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Is Apex Clearing Safe?
Apex Clearing is a major clearing firm that provides essential services for many investment brokers. Apex supports brokers by offering stock, ETF, crypto trading, robo-investing, custody services, and much more. Apex Clearing powers many popular brokers in the investment industry today.
Who Uses Apex Clearing?
Many brokerage firms use Apex Clearing to handle their trade processing. Here are some well-known brokers using Apex Clearing:
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Services Offered by Apex Clearing
Apex Clearing is popular with brokerage firms because it offers many different services. Here are some services that brokers rely on Apex to provide:
- Executing trades
- Clearing trades
- Settling trades
- Handling back-office tasks like recordkeeping and accounting
- Supporting diverse assets such as cryptocurrencies, stocks, futures, options, ETFs, and mutual funds
- Offering zero-commission trading
- Fractional share investing
- Stock lending programs
- Margin account management
Apex Clearing supports various account types, including individual, joint, custodial, retirement, and institutional accounts.
Brokers can use some or all of Apex’s services to create unique investing platforms. Examples of brokers doing this are Stash, Webull, and SoFi.
What is the Role of a Clearing Firm?
Besides managing back-office tasks for brokers, clearing firms have three primary responsibilities: clearing trades, settling trades, and providing custody services.
Clearing
Clearing is one of the most critical tasks a clearing firm performs. Clearing firms oversee trades to ensure they are conducted fairly.
Trade Settlement
Trade settlement is another important duty. Clearing firms handle all necessary paperwork and ensure that buyers and sellers fulfill their responsibilities when trades occur.
Custody Services
Custody services include providing and managing various investment accounts, taking care of technical and security requirements, and managing investor and broker funds. Custody firms hold and distribute assets between investors, brokers, and financial institutions as required.
Updated on 4/17/2025.
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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