BrokersView has found that Apoliex appears to be a scam Apoliex claims to operate under Apoliex Global Markets Ltd, which is reportedly merely registered with the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. While we confirm that a matching company exists in the registry of SVG FSA, this only grants International Business Company (IBC) status. It does not constitute a valid financial license. The SVG FSA has clearly stated that it does not regulate or license forex brokers. Besides, Apoliex is unlicensed by any recognized financial authority. This is a major red flag of being fraudulent operation.
Apoliex
VisitRisk Level - High
Apoliex
Risk Level - High
Scam Evidence & Warnings
Apoliex unlimited leverage? Dear Investor, ApoliEX is suspected to be an unauthorized and unregulated trading platform. The broker claims to be operated by Apoliex Global Markets Ltd., which is registered in Saint Vincent and the Grenadines. While we did find this entity in the system of the Financial Services Authority (FSA) of Saint Vincent and the Grenadines, please note that this merely indicates its incorporation as an International Business Company (IBC) and does not mean it has obtained any valid financial license. The SVG FSA does not regulate forex trading, nor does it issue licenses to brokers. Furthermore, ApoliEX has not provided any other regulatory information, which suggests that it may be operating without a license. We strongly advise you to avoid considering this broker and instead choose reputable trading platforms that hold licenses from strict, top-tier regulatory authorities to protect your financial security. View Source
Could you please check this broker and provide me with more trading details? Apoliex is a non-regulated broker we advise against trading with despite the seemingly attractive deals it offers.Apoliex claims to be operated by Apoliex Global Markets Ltd., a company registered with the Financial Services Authority of St. Vincent and the Grenadines (SVG FSA) under registration number 26278. While it is true that matching records exist in the authority's registry, investors must bear in mind that the SVG FSA has explicitly announced that it neither issues forex licenses nor regulates entities involved in such activities. Therefore, what Apoliex offers for forex and derivatives trading remain unsupervised by the relevant regulatory body.Regarding your question, Apoliex is a non-regulated broker coming with significant risks including financial losses and identity theft because it operates in the absence of proper authorization and oversight. Therefore, we strongly suggest investors stay away from unregulated brokers like Apoliex and opt for fully regulated ones instead. View Source
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