Kenya, March 28 -- Apex Mula is an online investment platform that promises to give returns of 4% to 40% in just a few hours. This has caused a lot of discussions among people in Kenya. Some people say it is a great chance to make money, while others think it might be a scam.
To start investing in Apex Mula, you only need to put in KSh 1,000, and they say you don't need any special skills to trade.
The platform has become popular on social media, but there is still a lot of uncertainty about how it works.
Those who promote Apex Mula say it is a good way to make quick profits. They share posts online that talk about its assured returns and how easy it is to use.
However, experts and some people online are concerned. They point out that there is no clear information about whether the company is officially registered, if it follows the law, or who is leading it.
They warn that offers of high returns with little risk are often signs of scams.
So far, no customer has been able to provide proof of successful withdrawals from Apex Mula.
Apex Mula might be a scam. The Central Bank of Kenya and the Capital Markets Authority have already warned people about investment platforms that are not registered.
Investors should be very careful and do thorough research before putting in any money.
Published by HT Digital Content Services with permission from Bana Kenya.