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ApolloFinances

Marshall Islands|2-5 years|
White label MT4|Regional Brokers|High potential risk|

https://apollofinances.com/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
MGXConsaltGroup-Demo MT4
Server Location Luxembourg

Contact

+441133283109
support@apollo-finances.com
https://apollofinances.com/
Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands, MH 96960

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+441133283109

Other ways of contact

Broker Information

More

Company Name

MGX Consalt Group LTD

Abbreviation

ApolloFinances

Platform registered country and region

Marshall Islands

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2024-07-20
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

ApolloFinances · WikiFX Survey

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ApolloFinances · Company Summary

Since ApolloFinancess official website (https://apollofinances.com/) cannot be open at the moment, we could only piece together this brokerage firm by gathering some relevant information from some websites.

General Information

Established in 2020, ApolloFinances is a young offshore forex broker registered in the Marshall Islands, allegedly offering its clients access to a series of trading instruments through an advanced MT4 Trading platform.

wikifx

Please note that it has been verified that ApolloFinances is not authorized or regulated by any regulatory authorities, and it got a low score of 1.26 (with the full mark up to 10 points) on WikiFX.

Market Instrument

ApolloFinances says investors can choose from more than 100 trading assets it offers, such as currency pairs, commodities (precious metals, gas, oil), indices, and energies.

Account Types

Four trading accounts are available with the ApolloFinances platform, which are categorized by the minimum initial deposit requirement for each account. To open a Bronze account, the most basic account, you need to fund at least $250 into your account, and Expert Advisors (EA) is available with this account. The Silver account, Gold account, and Platinum account require much higher initial deposit requirements, from $2,000, $10,000, and $50,000, respectively. The personal account manager is offered with these three accounts, and Free VPS is only applicable with the Platinum account.

Account

Leverage

Trading leverage varies depending on trading accounts, and the maximum leverage offered by ApolloFinances is quite high, up to 1:400. Since ApolloFinances is an offshore brokerage under no regulation, it enjoys no restriction on leverage. Since leverage can amplify gains as well as losses, it is advisable that traders should choose the proper amount that they feel most at ease.

Spreads & Commissions

Spreads and commissions are determined by trading accounts you are holding. Basically, the more account balance you hold, the more competitive spreads you can enjoy, for example, with the Bronze account, the spread from 2.8 pips, the Silver account from 2.5 pips, the Gold account from 1.5 pips, and the Platinum account from 0.1 pips. Commission details are not disclosed.

Trading Platform

ApolloFinances offers its clients access to the leading MT4 trading platform. With the MT4 trading platform, you can get access to trade in the forex, CFDs, and futures markets. MT4 enables you to build and use automated trading strategies in addition to providing you with a broad range of resources. More than this, you can access a variety of industry-standard charts and analytical tools that offer powerful insights into how an asset or a financial market is performing.

Trading

Deposit & Withdrawal

No deposit fees are charged. And you can deposit via Credit Cards, as well as a series of e-wallets.

Concerning withdrawal, ApolloFinances charges a $20 fee for wire transfer, and bank transfer withdrawal amount below $500 subject to a fee of 25-unit in the currency of the initial deposit.

Customer Support

Traders with any inquiries or any trading-related problems can get access to customer support through the following channels:

Email: support@apollo-finances.com

Phone Number: +442030974723

Company Address: Trust Company Complex, Ajeltake Road.

A Contact Form

Risk Warning

Trading derivatives and leveraged products carry a high level of risk, including the risk of losing substantially more than your initial investment. It is not suitable for everyone.

Please note that the information contained in this article is for general information purposes only.

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