Altum Brokers Review: Regulation, Fees and Accounts
Altum Brokers
St, Vincent and the Grenadines
Your money is at risk
Altum Brokers overview: what kind of broker is it?
Altum Brokers is an STP/ECN forex and CFD broker based in St, Vincent and the Grenadines, founded in 2023.
Traders get MetaTrader 5 (Mobile and Desktop and Web), spreads from 0.0 Pips*, leverage up to 1:500* and a $100 minimum deposit. New clients can also check the current $25 No Deposit Bonus.
Tradable markets include Forex Currencies, Commodities, Indices, Stocks, and cryptocurrencies.
Altum Brokers broker specifications
Company and regulation
| Broker | Altum Brokers |
|---|---|
| Regulated by | — |
| Type of broker | STP/ECN |
| Country | St, Vincent and the Grenadines |
| Foundation year | 2023 |
| Website | Visit Altum Brokers website |
| Website languages | English, Japanese, Chinese |
Trading conditions
| Minimum deposit | $100 |
|---|---|
| Maximum leverage | 1:500* |
| Minimum spreads | 0.0 Pips* |
| Base currencies | AUD, USD, GBP, EUR, JPY and More |
| Tradable instruments | Forex Currencies, Commodities, Indices, Stocks, and cryptocurrencies |
| Hedging / scalping | Allowed |
| News trading | Allowed |
| Web trading | Yes |
| Mobile trading | Yes |
Bonus and promotions
| Current promotion | $25 No Deposit Bonus |
|---|---|
| Welcome bonus | 100% Welcome Deposit Bonus |
| Standard no deposit bonus | $25 Forex No Deposit Bonus |
Contact details
| Telephone | Not available |
|---|---|
| Email / Skype | support@altumbrokers.com |
| Fax | support@altumbrokers.com |
| Head office | Amsa LLC, Euro House, Richmond Hill Road, Kingstown, St Vincent and the Grenadines VC0 100 |
| Contact form | Contact Altum Brokers |
Altum Brokers pros and cons
Pros
- $25 No Deposit Bonus
- Low $100 minimum deposit
- Spreads from 0.0 Pips*, STP/ECN execution
- MetaTrader 5 (Mobile and Desktop and Web)
- Islamic, mini, VIP and managed accounts
- 6 deposit and withdrawal methods
- Free demo account
Cons
- Bonus comes with trading-volume rules
Altum Brokers account types
Altum Brokers offers several account options so beginners and experienced traders can both find a fit. Live accounts start from a $100 deposit.
| Free demo account | Yes – practise with virtual money |
|---|---|
| Mini account | Yes – smaller trade sizes for beginners |
| VIP account | Yes – for high-volume traders |
| Islamic (swap-free) | Yes – no overnight swap charges |
| Swap-free account | Yes |
| Managed account | Yes |
| Segregated client funds | Yes |
Altum Brokers: Key Facts
Discover everything you need to know about Altum Brokers: from our comprehensive review to the latest updates and information.
Related:
Official website: Altum Brokers.
Learn more: What is forex trading? (Investopedia).
Altum Forex Brokers Review and Updates Information
Stay informed with the latest review and updates information about Altum Brokers. Get insights and updates on Altum Brokers to make informed decisions.
Altum Brokers trading platforms
Altum Brokers runs on MetaTrader 5 (Mobile and Desktop and Web), which give you advanced charts, more timeframes, an economic calendar and support for expert advisors. Web trading and mobile trading are both available.
Stay up to date with the latest reviews and updates about Altum Brokers. Find comprehensive information and insights about Altum Brokers on our website.
Altum Brokers deposit and withdrawal methods
The same methods work for both funding and withdrawals, which makes cash-outs simpler because you can usually withdraw the way you deposited.
Banks and cards
E-wallets
Is Altum Brokers safe and legit?
Altum Brokers does not list a regulator on its profile, so treat it as an unregulated broker. The broker says client money is kept in segregated accounts, separate from company funds.
Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:500*.
Our verdict on safety
Altum Brokers suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.
Risk warning: CFDs are complex instruments and carry a high risk of losing money quickly because of leverage. Only trade if you understand how CFDs work and can afford to lose your money.
Full Altum Brokers review
Altum Brokers provides review and updated information on their services and offerings. Stay informed with the latest news and updates by visiting our page.
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