Apollo Trading Review: is this Signal Service a Scam?
Apollo Trading is a new Forex company providing Forex signals. The developers of this signals provider claim that it will significantly improve your finances. Unfortunately, every company claims this.
Therefore, thorough research is needed to ensure that a company can deliver on what they promise. Most companies that promise high returns are only after your money. They promise high returns to attract eager investors.
Check out the advantages of forex trading robots
Here are the advantages of using tested and trusted forex trading robots used by experts and the trading community at large
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Can trade 24/7
With forex trading robots, users can trade without confining themselves to time zones or limits which increases the chances of winning.
These robots continuously work with no breaks and watch the market and take advantage of any breaks.
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Compatible with Android, Linux, and macOS
These automated bots are compatible with all devices and can sync simultaneously on any device you have. That means it makes it easy to trade on the go with your mobile and also desktop. These are the pros that make robots work efficiently for smart traders.
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Live price streaming
You get live price streaming on demo or even live accounts thanks to the versatility of automated robots. These robots are secure and come with 128-bit encryption that protects traders on all platforms.
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Not influenced by human emotions
Humans will likely fall into the problem of having emotions play a role in their speculative movements.
With forex trading robots, that’s not the case. These robots use raw data to properly line up the best trading positions for users.
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Faster and more effective
Forex trading robots are faster and effective than conventional manual trading techniques which take longer to process data.
Robots ensure they don’t miss any opportunities and thrive in ensuring the user takes full advantage of the forex market.
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Makes backtesting easier and faster
Traders get a chance to test these robots before using them during live trading sessions, demo accounts are available.
With the demo platform, you get to see the platform in action which ensures traders know the best parameters to use.
Other than Forex signals, the company also provides stock market signals. They claim to have an edge in the market, and this is because they only have experienced individuals on their team.
A vast experience is crucial in a Forex trading company. Successful Forex trading requires a thorough technical analysis of charts and market trends. Additionally, one needs a sixth sense to run such an operation successfully.
You should only invest in Forex trading solutions that are run by experienced individuals. It is the only way you can be sure they can deliver what they promise.
This company does not seem to be run by professional traders. Therefore, we do not consider it among the best Forex signal providers. We doubt they can deliver on what they promise.
Apollo Trading Review
The website for this company does not look professional at all. It does a poor job of informing clients about what is being sold. There is a lot of missing information and links that do not work.
Clearly, professionals do not run this company. They claim you can call the company representatives at any time. However, there is no phone number provided on the website. Moreover, the link to their Instagram page does not work.
It seems the developers were in a rush to develop the website. They did not pay much attention to details, and it shows desperation from the company, and it does not care about customer satisfaction. They are only after people’s money.
Investors are always looking for the perfect system to help improve their trading. However, they run into companies like this that are not run by professionals.
Moreover, the company lacks transparency. They are hiding their physical address. It is a sign of a company that does not want to be tracked down by anyone. Who knows what they are planning to do next?
They could decide to take off with investors’ money and disappear into thin air. Avoid such firms like the plague. Otherwise, it will end badly for you, and you will have no one to turn to.
Clients can get in touch with the company via email at jamin.bellois@gmail.com. However, the Platform does not reveal how long it takes them to respond to customer complaints. There is no guarantee that they will answer your questions. Many companies provide email addresses but never answer customer queries.
Apollo Trading Strategy
Here, we encounter more red flags about the company. There is no in-depth description of how their services work. The company does not reveal the market setups they look out for to initiate a buy or sell signal.
They only say that their expert analysts monitor the market and then provide the signals. Additionally, they are telling traders all they have to do is copy the alerts provided. The signals contain the best entry points, stop loss, and take profit setups. Further, they tell you when to close the trade.
This is not an acceptable description. The company is taking such an unprofessional approach to this. Clients always want to have an insider’s look at the decision making process. Moreover, there is no mention of who these expert analysts are.
This shady nature of operations is familiar with fake companies that are only after people’s money. You should never trust a company that hides critical information from its customers.
Pricing and Features
Apollo Trading features three main investment plans. Customers can choose to pay £50 per month or pay £100 for three months. Additionally, customers can pay £300 for a whole year.
These plans entitle clients to 5 to 6 trade signals per day. The signals are for Fore, Oil, Gold, and Indices assets.
The company assures clients the signals will bring them 2000 to 5000 pips profits per month. Further, the company promises an over 85% accuracy level, and three take profits per signal.
Additionally, customers get 24/7 customer service and access to an exclusive members-only Telegram group. The group provides customers with risk management advice. Further, they get the opportunity to ask questions.
Trading Results
The website features four screenshots from someone’s phone as a record of the trading performance. This mode of presentation is not acceptable. Any third-party platform does not verify the trading results. Moreover, the sample is small.
This sample size cannot demonstrate the full range of the services they offer. Moreover, it is easy for the company to cherry-pick the results that favor its image.
It takes very little time to upload trading results on a website like Myfxbook. Such websites provide a reliable means of presenting trading results. Moreover, it would make the purchasing decision much easier if the company offered verifiable trading results.
As it stands, we cannot trust this company. They are making bold promises but fail to provide any evidence to show they can deliver, and this is a common characteristic of a fake company that is only after your money.
Recommended Broker
The company advises its clients only to use its recommended broker BDSwiss. This broker is not the most dependable broker that exists. Many customers have complained about their unprofessionalism and the shady nature of operations.
Therefore, we do not understand why they would recommend such a broker to their clients. Our best guess is that they have a partnership with the broker. This partnership would entitle them to a commission for every customer they drive into using the broker.
It is not the best way to operate a business. It compromises the company’s judgment, and they have ignored customer satisfaction needs. Its only interest is to make more money for themselves.
Customer Testimonials
The website features numerous customer reviews. As expected, most of them are positive. However, it is highly unlikely that these are from real people. Many companies use fake customer testimonials to attract people onto their Platform.
Moreover, even if they were real, the company could cherry-pick the reviews that favor its image. We would much rather have reviews from a third-party source.
Therefore, we cannot recommend this Forex signal provider based on customer reviews on the website. They are not reliable enough for us to trust them.
Final Verdict
At this time, we cannot confidently recommend this Forex indicator to you. There are too many red flags that you should not ignore. They have a poor job of presenting themselves professionally. Moreover, they have hidden much critical information from the client base. Additionally, their trading results are not verifiable.
Under these conditions, it is easier to get scammed than it is to make any money. Please stay away from this company until they can prove that they can deliver what they promise.
There are better companies that will offer you better services at lower prices. Invest only in the best Forex signal providers to save yourself some trouble. Only such companies can give you consistent returns without compromising on your funds.
Markus
September 23, 2019 @ 8:13 am
Definitiv Scam!
Habe mich dort angemedet für 3 Monate Premium.
Das Problem ist, selbst wenn jedes Siganal in TP3 geht (sehr unwahrscheinlich) ist das CRV negativ! Laut ihrem eigenen Money Mangement soll man nach erreichen des TP1 was in der Regel 20 Pips entspricht auf BreakEven ziehen –> Kurzes Beispiel: TP1 wird erreicht und der Kurs macht einen Rücksetzter auf den Einsteigspunkt: Gewinn 20 Pips auf 1/3tel der Position. SL jedoch 40 Pips auf die komplette Positionen. Damit haben wir ein Gewinnverhältnis von Verlust 6 zu 1 Gewinn.
Ebenfalls die Berechnung ihrer Gesammtpips im Monat sind vollkommen falsch. Diese sind extrem schön gerechnet, ein BE Trade z.b. wird wenn er irgentwann noch in TP3 geht mitberechnet als 100 Pips, sollte er aber in SL mit -40 Pips wird dieses vernachläsigt und als TP1 gerechnet.
Selbst wenn 50% der Trades direkt in TP3 gehen, macht ihr Verlust, durch die Aufteilung! Nur 1/3tel der Position hat diese 100 Pips Gewinn.
Andrew Mark
October 16, 2019 @ 5:21 pm
Whenever you are looking for forex signals provider choose very wisely. [Link removed]
Harry Potter
October 18, 2019 @ 11:24 am
Thank you for telling us about trading and scam i really appreciate about your knowledge.