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Clone Apollo LTD

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Risk Level - High

Scam Evidence & Warnings

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BrokersView has Reviewed that Apollo LTD is an Unregulated Broker Fxapollo.com claims to be an online cryptocurrency-based trading platform as a Financial Conduct Authority (FCA) Registered Cryptoasset Firm (‘Apollo Pension & Investment Advisers.’, Reference number: 470611) In the United Kingdom, which offers a range of investment products to traders, including Cryptocurrencies, Forex, Commodities, Stocks, Precious Metals and more instruments for trading in global markets. Upon investigation, Apollo Pension & Investment Advisers applied to cancel its authorisation in the FCA, Some activities by this firm may not be protected. However, our investigation indicates that the website misuses a FCA-licensed entity's information to appear legitimate, as the registered domain related to the licensee is different from lirunexltd.com. This situation has been proven by a warning from the FCA. Therefore, Fxapollo.com appears to be a case of identity theft. The truth is that fxapollo.com is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws. fxapollo.com is a scam.

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The UK FCA issued a Warning against FX Apollo / fxapollo.com Update on Oct. 17, 2024:The FCA found a new website address fx-apollo.com associated with this fraud and published the details: https://www.fca.org.uk/news/warnings/fx-apollo-fxapollocom-fx-apollocom-clone-fca-authorised-firmHistorical recordsOn 12 September 2024, the United Kingdom Financial Conduct Authority (FCA) issued a warning against FX Apollo / fxapollo.com, believing this company might be providing financial services or products without authorisation in the UK. You may visit: https://www.fca.org.uk/news/warnings/fx-apollo-fxapollocom-clone-fca-authorised-firm.

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BrokersView has identified that Clone Apollo LTD's website is currently offline BrokersView found that the domains "https://fxapollo.com; https://fx-apollo.com/" are currently inaccessible. This is widely regarded as a significant red flag, as the suspension of a broker's website often points to underlying regulatory or operational issues.

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Is Apollo LTD licensed? Dear Investor,We have researched the website of Apollo LTD and believe it to be a scam.The website claims to have authorization from the Financial Conduct Authority (FCA) under FRN 470611. However, information from the FCA indicates that the true FRN holder has applied to cancel the license. Upon comparison, the details of the previously FCA-authorized firm differ from those of Apollo LTD, suggesting that Apollo LTD is misusing this information to deceive people. A warning issued by the FCA also highlighted the fact that this is a case of identity theft.Therefore, we strongly advise you to avoid using Apollo LTD to protect yourself from scams. For safer trading, it is recommended to verify a broker's legitimacy first. View Source

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