ApolloX Trading Signals - TU Expert review

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Trading signals are one of the best trading options for beginners and for earning passive income. Novice traders can use such signals and earn a profit, while still learning. Brokers can offer various ways of receiving signals. Traders Union analysts have prepared a detailed analysis of ApolloX trading signals. You will learn what kinds of trading signals ApolloX offers and what the conditions for using them are.

Short introduction of ApolloX

The ApolloX cryptocurrency exchange offers perpetual contracts trading with leverage up to x100. Bitcoin (₿), Ethereum (Ξ), Tether (₮), Ripple, Binance USD, and BNB are traded on the exchange. There is a quick exchange service, and it is possible to deposit fiat funds to an internal wallet in USD, EUR, TRY, CNY, GBP, HKD, JPY, KRW, and SGD. Only crypto-to-crypto pairs are provided here, and most of the pairs are with USDT as the base currency. Deposits are free, regardless of the asset or the deposit channel. There are limits on the minimum withdrawal. Commissions are fixed at 0.0% for a maker and 0.08% for a taker. It is one of the smallest indicators in the segment. Site partners can get 50-70% of the commissions of their referrals. Trading is carried out in the TradingView terminal. There is no mobile app, and ApolloX lacks investor solutions.

💰 Account currency: Cryptocurrencies, fiat currencies
🚀 Minimum deposit: No
⚖️ Leverage: Up to х100
💱 Spread: Market
🔧 Instruments: Cryptocurrencies and coins
💹 Margin Call / Stop Out: No

ApolloX Pros and Cons

👍 Advantages of trading with ApolloX:

Intuitive and functional trading terminal;

you can trade the most popular cryptocurrencies;

the most popular fiat funds can be deposited;

a multicurrency wallet is provided to the client free of charge;

the website is characterized by its stability;

the protection level meets advanced standards;

there is an integrated service for quick asset exchanges;

one of the lowest commissions for perpetual contracts;

opportunity to get extra income through a partnership with the exchange.

👎 Disadvantages of ApolloX:

few cryptocurrencies,

can not trade fiats;

no passive investment programs;

no solutions for novice traders.

What are trading signals?

Trading signals are signals to enter a trade, which the broker provides to traders. They can be based both on fundamental and technical analysis.

A broker can provide signals in several ways:

  • Copy trading.

  • Email alerts.

  • Signals through a blog on the website.

  • Recommendations of a personal manager, etc.

When choosing signals, it is important to take into consideration their profitability, the list of trading instruments, the conditions of their provision – fees, markup, etc.

ApolloX Trading Signals

Information

The exchange has some of the lowest fees among cryptocurrency trading platforms. Moreover, fees are fixed and don’t depend on the trading volume. That is, a novice trader gets the same trading terms as an experienced trader who has been registered and trading on the platform for a long time. The maker's commission is zero, the taker's commission is 0.08%. The website doesn’t provide opportunities for their reduction. The commissions can be reduced only due to rebates from the Traders Union.

Account type Spread (minimum value) Withdrawal commission
Standard up to 0.08% per application Yes

Conclusion

Based on the results of the analysis, Traders Union analysts have concluded that ApolloX does not have the best conditions for trading signals. The broker offers a limited choice of instruments, for which signals are provided, high fees and there are questions about signal profitability. Therefore, if you are planning to trade signals, it would be a good idea to consider another option.

FAQs

Do brokers offer premium subscriptions to signals?

In some cases, brokers may offer premium subscriptions.

For what assets can trading signals be provided?

Brokers may provide trading signals for any asset, for example Forex, stocks, cryptocurrencies, etc.

Are there fees charged for trading signals?

Yes. As a rule, the fee is charged as a markup to the spread, or it could be a subscription fee, or a percentage of the profit, etc.

Team that worked on the article

Mikhail Vnuchkov
Author at Traders Union

Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.

Olga Shendetskaya
Author and editor at Traders Union

Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.