Benefits of Apollofinances broker: leverage and its own web platform
What to look for when choosing a Forex broker? We will try to find that out, using the website of the Apollofinances.com as an example.
The broker who provides advices on how to invest the money must earn some clients’ trust first. Experienced traders advise to choose brokers for several defining qualities. Let's consider them using the example of the company Apollo Finances broker who has been on the market for several years and shows no doubts about its reputation.
What we Know about Apollofinances broker
Nowadays, you have to start acquaintance with any company from its website. You shall be able to find everything you need: information about the services, their cost, and features. The client needs to determine whether such account types are suitable for him or not. Also, the website of a self-respecting financial broker should contain information about how he stores the client's personal data (after all, we are talking about considerable amounts of money!).
What must be indicated on the site:
- Legal address;
- Services listing;
- List of assets.
In this sense, the broker we have chosen as an example corresponds to this checklist in full.
Apollofinances broker is registered at the Marshal Islands.
You can contact the managers of the company by phone or e-mail.
Terms of cooperation
The next important point is the user agreement. This document regulates all the details of cooperation between an investor and a broker, and also describes how the Apollofinances scam protection is carried out. The text must contain the terminology that subsequently will be used during trading sessions. Why is it important? If a trader is experienced, he already understands the types of orders, charts, and the trends. But for a beginner, all this may seem more complicated.
The user agreement regulates the rights and obligations of the parties, as well as divides responsibility. In trading, it is the client who makes the final decision on each trade. The broker makes recommendations and acts as an intermediary, but should not persuade the client to adopt any strategy. It turns out that the words and actions of the broker are of great importance, but still the last word is for the investor.
Apollofinances broker accounts
It is also important to pay attention to how the company describes its services and tariffs. There should be no vague wording in this, because according to the law on the protection of consumer rights, information about services must be provided to the maximum extent.
Apollofinances broker also acts as a lender for its clients. Accordingly, its tariff plans are designed in such a way as to reduce the threshold of entry for a client to the foreign exchange market. In order to achieve the desired volume of the transaction, the client can use the leverage service. In this company, you can get leverage up to 1: 400. Moreover, for those clients who have chosen portfolios with the smallest investment amounts ($ 2,000 and $ 5,000) the leverage trading is still available.
The smallest deposit with this broker, the "Bronze" tariff, can be opened using only $ 250. But there is small leverage (1:100) for this package. Accordingly, the tariff will allow the client to enter the platform, understand how everything works there, and get basic advice. However, having a look on Forex market from the inside, an investor can decide to increase his portfolio by choosing the "Silver" tariff or any other.
Since Forex is the basic market for Apollofinances, the company is maximally focused on currency trading. However, for several years now it has also successfully provided brokerage services in other areas - raw materials, indices, stocks.
You can trade multiple assets and use different instruments, no matter what account type you’re using. Of course, when we are talking about large investments, we need to make it clear that opportunities on those accounts are much more profitable than on a smaller ones.
Platform and Application
The company offers three options to use its trading platform:
- Download a trading terminal to your personal computer and store some of your personal data offline;
- Get access to the web platform;
- Download an application for a smartphone and manage your personal account at any time of the day and anywhere.
Our conclusions after analyzing the website of the Apollofinances broker show that a company provide solid background for tranding. While choosing a brokerage company, it is important to obtain the fullest possible information about its services, tariffs, as well as details. All this data helps to determine the most suitable option for cooperation with an efficient and reliable company.