
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. 

