Apollo Finances is an offshore Crypto and Forex CFD Broker, that opened in February 2021. Their website is no longer working… Another Broker Scam!
For complaints or withdrawal problems, read this.
Apollo Finances Review
Our review of the broker called Apollo Finances finds, that the trading app they are offering investors is a white label software. Besides their basic web-based CFD trading platform, we see that you can download the popular MT4 trading apps.
Take a look at the screenshot below, and you can see what the web-based trading platform looks like. You will see hundreds of underlying assets available for CFD trading against the Dollar or Bitcoin including; Shares, Crypto Currency, Forex Pairs, Stocks, Commodities and Market Indexes.
The Apollo Finances website is available in English or Polish, and the trading platform is available in multiple European and Asian languages. They offer four account types, with the minimum deposit starting at $250. Trading leverage is as high as 1000:1, and the spreads are 2.8 pips.
Most CFD investors in England are using the FCA regulated broker called ForTrade.
Crypto Trading App Scams
Warning! Before investing with an automated trading system, you should know that 99.9% of people lose money that way!
Many people read what looks like a legitimate article, about someone who made money using a trading app like “Bitcoin Hack“. However, the only person making money from it, is the one who wrote the article! For a detailed explanation of how these scams operate, you should read this article.
Do your research, and first use a licensed broker that offers free signals from Trading Central, see here.
Is Apollo Finances a Legit Broker?
No, Apollo Finances is an unregulated offshore broker. They are currently owned by; MGX Services LLC, reg number 1007, First Floor, First St Vincent Bank LTD Building, James Street, Kingstown, St Vincent and the Grenadines. Previous corporate name was: MGX Consalt Group LTD, reg num 106986, Marshall Islands.
The Official website was at: https://ApolloFinances.com/. Contact phone number is: +442030974723, and their email address is: [email protected].
Scam Broker Investigator uses a simple method to determine if a broker is legitimate or a scam. We check to see if the broker is licensed and regulated by any one of the popular government regulators like; IIROC Canada, FCA United Kingdom or ASIC Australia. All online brokers for Crypto or Forex, must be licensed and regulated by the financial regulatory agency in their country.
You can find popular Forex brokers that are licensed and regulated listed here.
Compare Popular Brokers
There are many Crypto and Forex brokers to choose from today, and therefore, you should first look at some popular licensed brokers.
ForTrade is a popular broker for new CFD investors, because ForTrade is regulated in Australia, England and Canada, see here.
Try a Free Demo of their easy trading app, register here.
If you are already investing with Apollo Finances, please share your experience with other investors reading this review.