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ApolloFinances Review 2021

ApolloFinances

ApolloFinances Β is a well-known global CFD and Forex online platform provider with a wealth of experience, insight, and know-how in the industry. We aim to provide traders with a one-stop-shop where they can access a full range of trading products on global markets. One of the main reasons traders prefer Β ApolloFinances is the ease of trading CFDs in metals, forex, indices, stocks, and futures from a single account.

ApolloFinances Regulation

ApolloFinances is owned and operated by MGX Consalt Group LTD, Registration number: 106986, Address: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands, MH 96960.

ApolloFinances Trading Accounts

Silver

  • Leverage – 1:200
  • Account Manager – Yes
  • Spread 1.2 pips
  • Fifth Decimal – No
  • Free VPS – No
  • Expert Advisors – Yes

Gold

  • Leverage – 1:300
  • Account Manager – Yes
  • Spread 1.5 pips
  • Fifth Decimal – Yes
  • Free VPS – No
  • Expert Advisors – Yes

Bronze

  • Leverage – 1:100
  • Account Manager – No
  • Spread 2.8 pips
  • Fifth Decimal – No
  • Free VPS – No
  • Expert Advisors – Yes

Platinum

  • Leverage – 1:400
  • Account Manager – Yes
  • Spread 0.1 pips
  • Fifth Decimal – Yes
  • Free VPS – Yes
  • Expert Advisors – Yes

Real Account

To begin trading CFDs and forex, you must first open a real money account so that you can trade live and experience the excitement of becoming a part of the world’s largest financial markets.

A real money account forces you to use your risk and money management skills while still immersing you in the world of making real money. Too many traders slip into the psychological pitfalls of demo accounts because they are less vigilant when there is nothing to lose. Before they know it, they are trading with real money and making costly errors.

Before trading with real money, it is essential that traders – especially those new to the financial trading arena – have a thorough understanding of how the market works.

For this reason, ApolloFinances  offers educational tutorials and other resources that will assist you in being more comfortable with trading these vehicles.

Be sure to stick to the money management guidelines when you only trade for small amounts of real money. Do not make trades with your whole balance. Set yourself a limit such as two or five percent of the account balance you invest in a single transaction. This way, you can gain plenty of trading experience, even if you are unlucky and lose money in the long run.

Account Verification

  1. Documents approving the client’s identity:Β 
  • photo of a valid driving license (the front and the back sides)
  • residence permit or Foreigner Registration Card (the front and the back sides)
  • photo of a valid civil passport (the two-page spread with the photograph) or an identity card (the front and the back sides).Β 
  1. Documents confirming the client’s place of residence: 
  • Photo of your utility bills (electricity, phone, gas) over the past three months. 
  • Copy of the bank statement, or any other official document, confirming your address valid over the past three months.

Deposit And Withdrawals

ApolloFinances has instituted procedures designed to keep customer money secure as a company authorized and licensed to provide financial services. Daily security checks ensure that the firm has sufficient constant capital. Client funds are also kept strictly separate from company money in investment-grade rated top-tier banks. 

Deposit

There are several methods of funding your account. These vary by country based on local requirements. We are continually striving to offer you even more, deposit and withdrawal options and make the process even more comfortable. If you have any queries, contact our Client Support Team. Most deposits are posted within minutes, but several take days to verify. Please contact us for more specific details.

Withdrawal

Withdrawals are processed automatically and are completed within 24-72 hours, but it might take more time for your processor to post the withdrawal. Higher-level accounts get higher priority in processing.

Please be aware of our stringent Know Your Customer (KYC) policies and international anti-money laundering and anti-terrorism rules. Complete info can be found on our website under the KYC heading or by calling customer service. Please double-check that all of your records are in order.

Withdrawals of credit or debit cards are processed as “refunds” up to the amount paid to an individual’s account for funding. Any remaining balance after your credit card deposit will be sent via wire transfer.

For example, if you deposited $1000 via credit card, you earn an additional $600 profit, and you want to withdraw $1600.

Subject to KYC identification documents being verified and approved, $1000 of the total $1600 would be sent back to the original card as a β€œrefund,” and the remaining $600 would be sent via wire transfer.

Traders who have not placed any trades on their account can request their full deposit back to the original payment source, e.g., credit card. This will be processed as a full refund back to the card.

There is a 20 USD  fee for wire transfers – however, any withdrawal below the amount of USD 500 via bank transfer will be charged a USD 25-unit fee of the original currency in which the initial deposit was made (USD, EUR, and GBP). The minimum withdrawal is 250 of the currency you used to make the initial deposit.

ApolloFinances may take up to three business days to process a withdrawal request once it is submitted. When the offer is approved, please allow an additional 5-7 business days for the funds to appear in your account.

Canceling your account – there is no fee to terminate your account; send a withdrawal request and let us know you want to close your account. Withdrawals will be treated according to the protocol as mentioned above.

Contacts

ADDRESS:

Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands, MH 96960

  • E-MAIL – support@apollo-finances.com
  • PHONE – +441133283109
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