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ApolloFinances-Overview of Minimum Deposit, Leverage, Spreads

WikiFX | 2024-12-11 17:31

Abstract:Founded in 2020, ApolloFinances is an unregulated brokerage registered in the Marshall Islands that offers currency pairs, indices, metals, energies, shares and futures with leverage up to 1:400 and spread from 2.8 pips on the Bronze account. The available trading platform is MT4 and the minimum deposit requirement is $250.

Note: The official website - https://apollofinances.com/ is inaccessible, so the relevant information is incomplete. We will do our best to collect some information about it.

ApolloFinancesReview Summary
Founded2020
Registered Country/RegionMarshall Islands
RegulationNo regulation
Market InstrumentsCurrency pairs, indices, metals, energies, shares and futures
Demo Account/
LeverageUp to 1:400
SpreadFrom 2.8 pips (Bronze account)
Trading PlatformMT4
Min Deposit$250
Customer SupportContact form
Tel: +441133283109
Email: support@apollo-finances.com
Company address: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands, MH 96960

Founded in 2020, ApolloFinances is an unregulated brokerage registered in the Marshall Islands that offers currency pairs, indices, metals, energies, shares and futures with leverage up to 1:400 and spread from 2.8 pips on the Bronze account. The available trading platform is MT4 and the minimum deposit requirement is $250.

Pros and Cons

ProsCons
Diverse trading productsInaccessible website
Multiple account typesNo regulation
Flexible leverageWide spreads
MT4 supportHigh minimum deposit
No deposit feesWithdrawal fee charged

Is ApolloFinances Legit?

No, ApolloFinances hasn't been regulated by any trusted financial institution. Please be aware of the risk!

No license

What Can I Trade on ApolloFinances?

Tradable InstrumentsSupported
Currency Pairs✔
Indices✔
Metals✔
Energies✔
Shares✔
Futures✔
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌

Account Type

Account TypeMin Deposit
BRONZE$200
SILVER$2,000
GOLD$10,000
PLATINUM$50,000
Account comparison

Leverage

Account TypeMax Leverage
BRONZE1:200
SILVER1:300
GOLD1:400
PLATINUM1:500

Spread

Account TypeSpread
BRONZEFrom 2.8 pips
SILVERFrom 2.5 pips
GOLDFrom 1.5 pips
PLATINUMFrom 0.1 pips

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4✔Desktop, web, mobileBeginners
MT5❌/Experienced traders

Deposit and Withdrawal

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

A standard fee of $20 will be charged for bank wire withdrawals and a fee of 500 units of the original currency of the initial deposit will be charged for bank wire transfers of less than $25.

Forex tradingForex Broker

Related broker

No Regulation
ApolloFinances
Company name:MGX Consalt Group LTD
Score
1.51
Website:https://apollofinances.com/
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.51

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