Apollo Trade FX has been flagged by Commissione Nazionale per le Società e la Borsa for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
My card was charged twice by Apollo Trade FX on the same day. I had to dispute it with my bank. Apollo Trade FX then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Segregated accounts|Personal attention
Cons: Would like more payment methods
I am in a dispute with Apollo Trade FX over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Dedicated account manager|Multiple order types|Full transparency
Cons: Currency conversion fee exists
I wanted to transfer my portfolio from another broker to Apollo Trade FX. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Easy to use platform|Professional team|Multiple order types
Cons: No dark mode on mobile
What really bothers me about Apollo Trade FX is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after hearing about them at a conference and I fell for the polished exterior. Never again.
Pros: Clean UI|Helpful community forum|Demo account available
Cons: Currency conversion fee exists
I lost a significant amount because Apollo Trade FX did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Professional team|Great customer service|High security standards
Cons: Some tools only available on higher tiers
I want to warn everyone about Apollo Trade FX. They have been flagged by Commissione Nazionale per le Società e la Borsa as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Apollo Trade FX has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Pros: Website looks legitimate on the surface
Cons: Unauthorized firm|Found in IOSCO warnings database
If you are reading this considering Apollo Trade FX - run. I wish I had read more negative reviews through a podcast recommendation. I thought the positive ones were real. Maybe some are. My experience over for roughly four months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: High security standards|Risk management tools|Fast deposits|Comprehensive tools
Cons: Account statements could be more detailed