Abstract:Apollo.cash, an offshore broker, provides many trading assets like forex, metals, energies, agriculture, livestock, stocks, indices and digital coins. Additionally, there are 3 account types being offered to choose. Though it also offers sign-up and referral bonuses to attract investors, without regulation can degrade its credibility and reliability.
Apollo.cash, an offshore broker, provides many trading assets like forex, metals, energies, agriculture, livestock, stocks, indices and digital coins. Additionally, there are 3 account types being offered to choose. Though it also offers sign-up and referral bonuses to attract investors, without regulation can degrade its credibility and reliability.
Pros | Cons |
Various tradable assets | Not regulated |
20 % sign-up bonus and a 15 % refer-a-friend one | Limited payment methods |
Flexible leverage | Lack transparency |
Tight spread from 1.0 pips |
Apollo.cash is not regulated by any financial authorities in the United Kingdom, even the FCA, which all legitimate brokers in the UK are required to register, shows no information about it that means Apollo.cash don't need to obey the rules of the regulations.
Tradable Instruments | Supported |
Forex | ✔ |
Metals | ✔ |
Energies | ✔ |
Agriculture | ✔ |
Livestock | ✔ |
Stocks | ✔ |
Indices | ✔ |
Digital Coins | ✔ |
Options | ❌ |
Apollo.cash provides 3 account types: Silver, Gold and Platinum. And whether the demo account is offered, it is not mentioned.
Account Type | Min Deposit | Min Position | Max Leverage |
Platinum | $25 000 | 0.01 | 1:500 |
Gold | $2 500 | - | 1:300 |
Silver | $250 | 0.01 | 1:200 |
Spread | From 1.0 pips for all accounts |
Commission | Not mentioned |
Inactivity Fee | 10% dormant fee (inactive for 6 months) |
Trading Platform | Supported | Available Devices | Suitable for |
Webtrader | ✔ | Web | Traders who are bold |
MT5 | ❌ | Web, Mobile, Desktop | Traders who are experienced |
Deposit Options | Min. Deposit | Fee | Processing Time |
Credit cards | $250 | Not mentioned | Not mentioned |
Wire transfer | $250 |
Withdrawal Options | Min. Withdrawal | Fee | Processing Time |
Credit cards | $100 | $25 | Not mentioned |
Wire transfer | $250 | $50 |
Contact Options | Details |
Phone | ❌ |
support@apollo.cash | |
Support Ticket System | ❌ |
Online Chat | ❌ |
Social Media | ❌ |
Supported Language | ❌ |
Website Language | ❌ |
Physical Address | 25 St George Street, London, England, W1S 1FS |
To sum up, Apollo.cash is not a good choice for trading. For one thing, it is not regulated, which will accompany fund risks and legal risks, putting traders in trouble. For another, fees are higher than other brokers, traders must consume more money for trading.
Is Apollo.cash safe?
No, Apollo.cash is not regulated by the local financial authority FCA.
Is Apollo.cash good for beginners?
No, safety is the first thing that beginners should take into consideration, but Apollo.cash is not safe.
Is Apollo.cash good for day trading?
No, withdrawal fees are high.