ApolloFinances Review: A versatile trading platform that allows you to trade hundreds of asset classes and financial instruments seamlessly

ApolloFinances ReviewApolloFinances is a rising star in the online brokerage world, and since being founded in 2020, it has rapidly made a name for itself in an increasingly competitive market.

Founded with the aim of delivering years of industry experience, insight and knowledge in a retail trader setting, ApolloFinances prides itself on making the online trading experience accessible without sacrificing professionalism. This has made it popular with newer to intermediate traders cut off by the trading platforms that cater to a primarily casual audience.

In terms of the trading experience on offer, ApolloFinances certainly delivers on its promise of professionalism. There are hundreds of instruments and asset classes available for you to trade from this broker’s platform. With its combination of competitive pricing, fast execution speeds, powerful trading platforms, customer support, and leading market analysis, the package that ApolloFinances has put together is hard to beat.

If you are looking for a trading experience that performs well all round, ApolloFinances could just be the trading platform you are seeking. For a full rundown of everything that this broker has to offer, keep reading this ApolloFinances review.

ApolloFinances Review: Pros & Cons


  • 100+ assets and financial instruments ready to trade
  • Leverage up to 1:400
  • Wide range of deposit methods
  • Good client service quality
  • High levels of personal data protection


  • Little foreign language support
  • No MT5 support
  • No live chat customer support 
  • Limited educational and research resources

Broker Information

Company Name: ApolloFinances

Founded: 2020

Country: Republic of the Marshall Islands

Broker Services: MT4-based online trading with multiple asset and instrument types

Regulators: Marshall Islands

Bonus: Yes, affiliate scheme

Minimum Deposit: $250

Leverage: Maximum of up to 1:400

US Clients: No

Funding Methods: Bank transfer, credit and debit cards, payment processors

Platform Info

Platform: MetaTrader 4 (MT4)

Dealing Desk: No

Web Based: Yes

Mobile Trading: Yes

Table of Contents

    Broker Test: Our ApolloFinances Experience

    Trading Conditions: Decent trading conditions

    Rating: B

    • EUR/USD Spread: From 0.1 pips
    • Min Deposit: $250
    • Instruments Available: 100+
    • Leverage: 1:400

    The trading conditions available on the ApolloFinances platform will depend on the type of account you open with the broker. Currently, ApolloFinances has four main account types: Bronze, Silver, Gold, and Platinum.

    The spreads you are offered will vary according to the type of account you have set up, and the asset class or instrument you are looking to trade. The Bronze account is primarily aimed at novice and more casual traders, and provides spreads starting from an average of 2.8 pips. The next step up is the Silver account, which is slightly more competitive at 2.5 pips. The Gold account is significantly more competitive at 1.5 pips and offers the best value for the average user. The Platinum account is by far the most competitive at an average of 0.1 pips, though it has a significantly higher account deposit minimum. 

    Leverage trading is also possible on the platform, though the maximum available will again depend on the asset class or instrument you are looking to trade, and the account type. Bronze accounts can avail up to 1:100, Silver accounts up to 1:200, Gold accounts up to 1:300, and Platinum accounts up to 1:400.

    Underlying Assets/Trading Platform Offering: Solid CFD offering for new and intermediate traders

    Rating: B-

    ApolloFinances provides its account holders with access to over 100 different asset classes and instrument types. This includes CFDs on currency pairs, indices, metals, energies, futures and shares.

    CFD trading has grown popular in recent years, as it allows traders to speculate on the price movements of various instruments and asset classes without having to own them. This means that the barriers to getting started in trading are significantly lower, and it also allows leverage trading.

    More than 45 forex currency pairs can be traded with ApolloFinances, including all the majors and some exotic and minor pairs. Prices can be monitored through the well-respected MT4 platform, with easy access to a range of trading tools and technical indicators, including Expert Advisors (EAs) for automated trading.

    Traders have access to global stock market indices, including the FTSE 100, S&P 500, Dow Jones, NASDAQ and Nikkei 225. They can also use CFDs to gain leveraged exposure to precious metals, energies, and the global commodities futures markets. Cryptocurrency trading is not offered at the time of writing this review.

    Although this broker does not offer the most extensive selection of instruments, the 100+ assets on offer should be more than enough for novice to intermediate traders and create ample opportunity to establish a diverse asset portfolio. Advanced or professional day traders, however, might find the offering a little limited and may prefer more diversification.

    Order Features of the Trading Platform: Standard trading experience, well executed

    Rating: B- 

    Trading on the ApolloFinances website is delivered through the MT4 platform.

    Most online traders will be familiar with this industry-leading platform. It is rated as one of the most robust trading experiences available, offering a range of technical and fundamental analysis tools, the ability to execute multiple trading orders simultaneously, and with the reassurance of enhanced security features.

    As a fully customisable platform, it allows traders to implement strategies of varying complexity, with the flexibility to progress from novice to experienced trader by adding more functionality in line with experience. It can also be adapted to support a wide variety of order types.

    The MT4 platform can be downloaded in Windows, MacOS, mobile, and web-based versions. The mobile app is available for both Android and iOS devices, and can be downloaded free from Google Play or the Apple App Store respectively. The app gives users full access to the trading functions, analytical capabilities, technical indicators and graphs that are available on the desktop, from any location.

    Analysis Features of the Trading Platform: Use MT4’s powerful suite of charting and technical analysis tools

    Rating: B

    Although ApolloFinances does not provide any bespoke charting or analysis tools on its site, the MT4 platform is known in the industry for its powerful technical and fundamental analysis tools, including universally popular indicators and oscillators, moving averages, and Fibonacci and Gann-based tools.

    Additionally, the MT4 platform can be fully customised to suit strategies of any complexity, meaning that new traders can start with the basic features and add functionality as they progress to intermediate level. It also gives access to EAs, giving traders freedom from time-consuming market analysis and the opportunity to develop, test and optimise algorithmic trading programs.

    Clients are also provided with a wide range of research resources and market analysis, and can sign up for alerts to stay abreast of market insights, financial information and updated analysis to help manage their trading goals. The higher-tiered accounts also give access to a personal account manager for additional one-to-one support.

    Regulation, Deposit Guarantee, and Risk Limitation: Stringent customer protection and regulation standards 

    Rating: B-

    ApolloFinances is established under the corporate umbrella of MGX Consalt Group Ltd, which owns and operates the platform. The parent company, which is officially registered in the Republic of the Marshall Islands, has a comprehensive anti-money laundering framework in place. The broker also provides assurance that any personal data or identification documents supplied during the registration process will be stored securely in encrypted format in compliance with data protection regulations. It is important to note that customers have the right to withdraw this information at any time.

    Traders should also note that local regulation only is provided through the Marshall Islands registration. This means that although brokers in its jurisdiction are required to observe local legislation and licensing conditions, the protection framework may not be as extensive as that provided by wider regulatory bodies. For further information, prospective customers should read the documentation provided on the website in the ‘Documents’ section.

    Automated Trading: Automated trading solutions through MT4

    Rating: B-

    Although the ApolloFinances platform does not provide access to some of the bespoke social trading features of some of the larger platforms reviewed on this site, some automated trading solutions are available.

    Social trading is also available on the MT4 platform, which supports custom programming languages that allow users to build indicators and automated trading solutions from scratch. Although this customisation requires a high level of technical expertise, traders will find that guides are often shared by developers on the internet, as well as pre-built solutions that can be installed.

    As previously noted, the MT4 platform provides full support for EAs, which enable automation of trading strategies and portfolio management. Custom EAs can also be built.

    Account Opening and Minimum Deposit: Quick and easy account set-up 

    Rating: B+

    Setting up an account with ApolloFinances is a relatively quick and painless affair, and it is clear that the development team has made a concerted effort to make the process as seamless as possible.

    To open an account, simply navigate to the Home page and click the ‘Sign Up’ button. To complete the registration form, you will need to enter some personal details, including your name, email, address age, country of residence, and any promo codes you might wish to use.

    You will then be required to follow a number of account verification steps, which have become standardised across the industry and are required to comply with ‘Know Your Customer’ (KYC) and anti-money laundering regulations. The type of documentation required to verify your ID will include a government-issued identity card – such as a passport or driving licence – as well as a bank, building society or mortgage statement, or a recent utility bill to confirm your address. Once these documents have been uploaded, they will need to be verified by the customer support team. We found this to be a relatively quick process, with a turnaround time of under two hours.

    The minimum deposit amount required to open an account with ApolloFinances will vary according to the type of account. The broker offers a range of four account types: Bronze, Silver, Gold, and Platinum. Designed for beginner traders, the Bronze account is the most accessible and only requires a $250 minimum deposit. This increases in line with the account level. The minimum deposit on the Silver account is $2,000, and the Gold account is set at $10,000. The deposit required on the top-tier Platinum account jumps to $50,000 to target the professional day trader. As one might expect, this account comes with an enhanced range of benefits, including spreads from 0.1 pips, leverage up to 1:400, free VPS, EAs and fifth decimal pricing. 

    The majority of standard deposit payment methods are accepted, including major credit and debit cards, wire transfers and third-party payment providers.

    Withdrawals from the platform are subject to additional KYC and anti-money laundering procedures, which will affect the length of time needed for payments to be fully processed. Customers should note that additional fees may be charged depending on the withdrawal method used.

    Wire transfers, for example, are subject to a $25 charge for amounts below $500. Withdrawal requests typically take the broker two to three business days to process, with the full process taking around seven days for funds to hit your account.

    The Broker and Its Competitors: New broker showing a lot of promise

    Rating: C+

    As a new entrant to the market in 2020, ApolloFinances is still a relatively new broker, making it difficult to place in relation to its direct competition, though the company seems to be expanding at a fairly rapid rate.

    It currently operates in a limited number of territories, and mainly services the UK and Polish markets. Its parent company also has an office in Belgium. At the time of writing this review, it does not appear to have launched any major marketing or sponsorship campaigns to increase its reach, and it operates a fairly minimal social media profile. These factors can make this broker difficult for prospective traders to research, and customer feedback reviews are also limited due to its recent establishment.

    Our overall assessment is that the broker’s strategy is to consolidate reputational growth with a steady eye on its mission to provide a high-quality, professionally executed one-stop shop for traders who are seeking to access multiple assets via a well-respected trading platform.

    Additional Services and New-Customer Offers: Comprehensive affiliate and partnership programme

    Rating: B

    ApolloFinances offers a bonus to new customers. However, you should note that you will need to claim this bonus – it is not applied automatically. Details of the current bonus deal can be found in the bonus agreement displayed under the ‘Documents’ tab on the website. Bonuses are offered in the form of trading credits or a risk-free trade, and will depend on the size of your initial deposit.

    Before signing up for this bonus, new traders should read the full details attached to the offer to ensure that they will be able to fulfil the conditions to claim the bonus in full. These include trading volume requirements that must be met before a bonus can be released. 

    In terms of additional features and services, we were impressed by the affiliate and partner programmes that ApolloFinances has put in place, allowing both corporate and individual traders to generate additional income through the platform. The affiliate programme allows traders to generate a commission based on any referrals made to the platform once the new client has opened an account and made their first trade. 

    ApolloFinances currently has one of the highest referral fees in the sector, which makes it a very attractive package to anyone looking to diversify their income streams. 

    Customer Service and Website: Responsive customer support with room for improvement 

    Rating: B

    ApolloFinances prides itself on taking a customer-centred approach, but how well does it perform in practice?

    The customer support team can be contacted via email ([email protected]) or phone (+44 2030974723). To find the full contact information, simply navigate to the ‘Contact Info’ section of the ApolloFinances website. Queries can also be submitted via the email submission form on the page. 

    We found email response times to be generally quite good, though it is difficult to ascertain the team’s accessibility as the opening hours are not available on the website. We would also like to see a live chat function added to the site to make support more readily accessible. An increase in the broker’s social media presence would also be helpful to provide an additional avenue of support. 

    First impressions tend to be lasting impressions, and an overview of the ApolloFinances site would seem an appropriate place to conclude this review.

    We found the website to be fresh, well-branded and uncluttered, making it especially appealing to new traders. It has been designed with user experience at the forefront, with instinctive navigation, informative images and graphics, and manageable content that has been ‘chunked’ for easy consumption. While the primary navigation breaks the site into four easy sections – Accounts, Platform, Trading, and Company – the footer provides a fuller index of the information available.

    The site mirrors the company’s targeted approach, which starts with a “deep understanding of what traders need”. Accordingly, information is supplied on a ‘need to know’ basis and arranged for accessibility with the customer experience in mind. All in all, our first and final impressions are of a broker that takes a considered approach to providing a professional full-service offer, giving traders the confidence and trust they need to be able to commit to a new brokerage.