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Apollofinances scam investigation and main myths about Forex

11 / April / 21 Bunsi Shakiramal Visitors: 670 Rating:


Some critics believe that Forex is a scam, especially if the trades are carried out through an intermediary, but experts proved that wrong. If you are interested in the truth about Forex, then you will find it in this article. Like any high-yield business that attracts many people, Forex trading happens to be the target of fraudulent transactions and deception, but it doesn’t mean that you can’t make some money there. scam investigation shows that Forex scam can be avoided by working with trusted and respected brokers.

Any trader should understand that the tricks of fraudulent forex companies are easy to figure out. Just keep calm and carefully check the signs of possible scam, with a little help of our tips and information. So let’s check most well-know myths about trading and find out if they are true or not.


Myth#1: trading takes a lot of money. reply: NO

You just need 250usd to get the full access to all the trading features and functions. Such a low entry point doesn’t mean Apollofinances scam – leverage trading makes you trading significantly larger amount of money than you invested. You can trade from any place of the planet just with smartphone and some Internet access.


Myth#2: newcomers lose it all. Apollofinances reply: NO

Any commerce has always been associated with the danger of losing part of the invested funds, because the market rules are objective and sometimes even brutal: when you’re wrong, you lose the money. But if you are not in a hurry and carefully study the market, you’ll soon find out that the truth about Forex is that every third newbie makes a tangible profit in the first month of working in the foreign exchange market. Everything depends on your own! The main thing you should understand is that all the profits and losses are just a part of larger picture and all you have to do is keep the profits higher.


Myth#3: it is unpredictable and unreliable. reply: 50/50

The forex market is the youngest (the forex market has existed since 1971), the most global and the most fast financial market in the world. Market participants are state-owned banks (central banks of developed countries), major commercial banks and companies, and individuals. The market works 24 hours a day and grows in volume every year. It’s unbelievably large (4-5 trillion usd). Apollofinances broker shows that fundamental analysis provides enough instruments to predict the market behavior and if you understand it, you can rely on your strategy. But not before that.


Myth#4: it looks like a casino. Apollofinances reply: NO

Even the most superficial analysis of the market shows that there are a number of events that affect it absolutely unambiguously. For example, after the events of September 11, 2001, the US dollar became cheaper by several percent within a few minutes. It’s easy to get.
But twhat are the usual prices fluctuation random? scam investigation explains: it’s all the market rules that change the prices. For example, after a missile strike on wells in Iraq or Iran, the cost of ‘black gold’ in the world market rises (there is less goods, but the demand remains at the same level). But there are plenty of countries that trade oil. This way, the connection with the currency prices of those countries is obvious. That’s why all the trading is not the subject of gambling, but the subject of analysis.

Tip from Apollofinances scam department: there’s always some people stating that they have some magic and unique strategy that will make you rich in a short time. That’s usually a regular scam. It’s always better to make your own strategy rather than buy it by someone.

Apollofinances review: special mind and knowledge

Thousands of completely different people, with or without education, have become clients. All of them have only one thing in common - the desire for success and financial freedom. Looking at the luckiest traders, you might think that they got the talent all the way from start, but they didn't. That are those people who once were able to take up a new business and proved that - they had taken the right step in practice.

Tip from Apollofinances: Forex - pros and cons

So, now you know what Forex trading looks like. It is quite possible to make money. It's your call! You can believe the fairy tales of losers and give up the possibility of earning income from trading on the Forex market, or you can, by choosing a broker for yourself, having mastered the rules and laws of financial markets, and start gaining income among successful traders.

  More information:
Apollofinances broker
Apollofinances review


Comments 15

Cameron 15.04.2021

I have been trading with this broker for many months. A couple of times I had to contact support. Once my money was not withdrawn. Then the system hung. Everything was fixed quickly, I confirm. I enjoy working with this team. There are good people here.

Thomas 19.04.2021

I was advised this broker as a reliable partner, not a scammer. And so it happened: we work harmoniously, while there is only profit, there have never been any losses. Maybe I'm the lucky one, who knows? The main thing is that it is not a problem to get your money back. I have heard different cases. So far, there are no complaints. I give this broker the highest score.

Clarence 21.04.2021

It`s not known what will happen to the market tomorrow. Earn who can! I am willing to take risks, but so that the chances of making a profit are greater than the chances of losing. By the way, have you noticed how many brokers have appeared? Everyone wants to cash in! I`ve been working with this broker for a long time. This is an honest broker. You can earn without any risk. I believe that stability in the market will once again become achievable. But until then, we must not lose our money! We must multiply them!

user_avatarBrian 25.04.2021

Don't even start about spreads with me, really... I've no idea where else would you find such low ratios. Combined with the overall stability of the enterprise, they make for a really great working conditions. I feel like my staying here will be quite a long one.

user_avatarBuck Willis 01.05.2021

I am always very suspicious of brokers' promises. There is usually a catch in their words. How many times was the commission amount higher than you expected? But you have to pay out of pocket! "Successful" predictions, too, often turn out to be just a gimmick. This is how gullible clients are caught like fish in a pond. I'm not like that and checked everything. The spreads are low and the conditions are favorable. Today this is so, but in the future we will see.

user_avatarCasey 06.05.2021

I recommend this broker! It is profitable to make money here. You can get your first profit very quickly. You can also learn more to learn the basics of successful trading.

user_avatarHenrik 15.05.2021

Not the best conditions ever, but they are definitely above the average level. Adding their other options and we can say they deserve these four stars.

user_avatarLucas 20.05.2021

Look for my first money to come! I decided not to waste time for demos - I don’t think of it as a real trading.

user_avatarErick 22.05.2021

I like when everything is all right with the technical condition of the platform. It helps me to work more effective with the long-term orders. MT4 gives me everything I need in terms of instruments and tools, all graphs work correctly.

user_avatarJeffery Brooks 09.06.2021

This company was really helpful to me as someone who just started trading. I was overwhelmed with all these charts and details, and they explained me everything.

user_avatarMark Mendoza 10.06.2021

Trading is my hobby, not a job, but still pretty important part of my life. I think of all companies I tried I prefer this one. In other places there were some consultants who didn’t know what they were doing at all, but here everyone is really professional and helpful. Any issues I had were resolved quickly.

user_avatarDarren Owens 17.06.2021

I’d say this is one of the best platforms to trade metals. I almost completely switched to silver and gold, as oil became too risky, and I make even more profits than before. Terms for energy are also fine.

user_avatarJose Ortiz 21.06.2021

I've decided to try. 250 usd is almost nothing and for me that's a good way to check if the broker works fine or not. No additional commissions or fees yet and that's a plus.

user_avatarDarryl Taylor 24.06.2021

I've tried almost every account type of theirs. Gold one has most profitable spreads, especially for scalping and short orders, and the company allows it! I've left my previous company for their restrictions and not feel like I've found something much better

user_avatarTheodore Griffith 25.06.2021

I usually place long-term orders, so everything about the platform is important for me. After this month all I have to say is that the charts are clear, so looks like the platform is fairly showing the market with no weird jumps, and looks like MT4 gives me everything I need in terms of instruments and tools.