Apollo Trading Review: is this Signal Service a Scam?

Apollo Trading Review: is this Signal Service a Scam?

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Apollo Trading is a new service providing traders with signals for both Forex and Stocks. They provide 3 subscription plans where traders can seek monthly membership, 3 months membership or annual membership respectively. They also promise to deliver several pips in each of the plans. We wonder whether these numbers can be backed by strong performance record.

Also, as this is a Forex signals review website, we will be focused on the Forex signals today. We will do our best to walk you through the entire presentation, and then let you know if this is a viable trading service. That will help you make an informed decision as far as signals are concerned. If you are ready, let’s get started.

The website is quite there, but we did additional research and found the developer of the software neither wanted us to reveal his identity nor physical address. From his picture on LinkedIn, we can surmise that he is a young individual. This is all of the information that we can provide this time. We know that the owner of this website doesn’t have any real reputation in the Forex trading market outside of this signal service. In order to get in touch with support traders can email [email protected] If you want to make money as Forex trader, you should rely on professional trading tools. Those tools can be found on this page. 

Apollo Trading Review

In terms of Forex signal services, the Apollo Trading presentation is about as bare-bones as it gets. Really, the sales page looks like something that was started, but not finished, which isn’t a glowing recommendation.

In one section of the website, Benjamin claims that it is “advisors are available to answer all your questions” via phone, but doesn’t provide a phone number. This is a very odd way of doing business, and isn’t the only aspect that seems to be missing or misleading. Their Instagram page that supposedly has over 20,000 followers doesn’t work when you try to click on it.

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This is what we mean by the website isn’t fully formed were ready for the public. If they want to qualify as a best Forex signal service, they are certainly doing themselves a disservice with this presentation.

The Strategy used by Apollo Trading service

The vendor provides no information about their trading strategy associated with the Apollo Trading service. All we are told, is that their in house trader will analyze the market, and then provide traders with signals. These signals include the entry point, stop loss levels, and take profit. This information needs to be flushed out much more by the vendor.

Signal Analysis: what features does Apollo Trading provide?

  • Type: Forex Signals
  • Price: £50 per month
  • Strategy: Undisclosed
  • Signal Frequency: 5-6 per day
  • Pairs: Forex, Oil, Gold, Indices

There are 3 plans for traders interested in signing up with the Apollo Trading service. All of the plans of the exact same, with discounts for longer-term members. Traders can pay £50 per month, £100 for three months, or £300 for an entire year.

With this membership, traders get access to 24/7 customer service, telegram signals, 2000 to 5000 pips per month, almost 85% accuracy, risk management advice and 3 take profits per signal.

How it works

There is a brief explanation on their site about how traders should get started on the site. They tell us the following: ”Once you have chosen the pack of your choice, an email will be sent to guide you in your best beginnings in our program.
We will give you access to information and methods to register on different tools to start trading in the financial markets.
How to make copied pasted? Today it is possible to trade and invest in these financial markets without any knowledge from his phone via an application.Copying a trade takes only a few seconds. You only need to copy the signals that are sent via an application called Télégram (a chat). Contact us in only 30 / 45min per day, we do 95% of the work, you just have to copy our investments. Our trader, after analysis, gives his data (which market, entry point, SL and TP) and tells you when to withdraw from the market (= close his trade).”

Trading Results: Is the website owner providing any trading results?

The Apollo Trading signals vendor promises 2000 and 5000 pips per month, which we believe is a blatant lie. The only trading results provided by the vendor are 4 screenshots taken from somebody’s phone. These results are not verified in any way, and even if they were they represent such a small sample size, that they could not be relied upon.

This vendor needs to upload their trading results to Myfxbook in order to prove to the community that the signals are truly viable. They make a lot of promises, but the promises are backed up with any real proof. This is a common problem in the market, as you can see in our reviews of Pips Lifeand Forex Specs.

Recommended Broker

The service pushes their recommended broker BDSwiss pretty hard. This broker used to be a binary options broker, but have now moved into Forex CFD’s. It doesn’t have the best reputation in the Forex market, and really doesn’t compare to the top brokers, so it’s strange that they are recommending it as strongly as they are.

Our best advice for you

At this point in time, we cannot recommend Apollo Trading to any of the readers of this website. The presentation is lacking in so many areas, that it makes it impossible for us to imagine why anyone would sign up at this point in time. We don’t believe that the numbers they are providing are realistic, and feel that the vendor needs to prove themselves to us and the market before the rating on this review can improve. If you have anything you’d like to add to the review, please leave your questions and remarks below the article now. Otherwise, we still believe that these trading products or services are the best. If you really want to make money as a trader, there is no way you can miss out on these trading tools.

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3 Replies to “Apollo Trading Review: is this Signal Service a Scam?”

  1. Definitiv Scam!
    Habe mich dort angemedet für 3 Monate Premium.
    Das Problem ist, selbst wenn jedes Siga*** 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.

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