AltumFX
Abstract：AltumFX is an online trading platform based in Seychelles that operates without proper regulation. This platform offers traditional market instruments like Forex, Cryptocurrencies, Commodities, Stocks, and Indices. In addition, AltumFX provides leverage up to 1:500 and spread from 1.8 pips. The available trading platform is the leading MT5 and the minimum deposit requirement to open a live account is $10.
Note: AltumFX's official website: https://altumfx.com/ is currently inaccessible normal.
| AltumFXReview Summary | |
| Founded | 2024 |
| Registered Country/Region | Seychelles |
| Regulation | FSA (Suspicious Clone |
| Market Instruments | Forex, Cryptocurrencies, Commodities, Stocks, Indices |
| Demo Account | / |
| Leverage | Up to 1:500 |
| Spread | From 1.8 pips |
| Trading Platform | MT5 |
| Min Deposit | $10 |
| Customer Support | Email: support@altumfx.com |
| Company Address: Suite C, Oion Mall Palm Street Mahe, Victoria Seychelles, 8421720 1 | |
AltumFX is an online trading platform based in Seychelles that operates without proper regulation. This platform offers traditional market instruments like Forex, Cryptocurrencies, Commodities, Stocks, and Indices. In addition, AltumFX provides leverage up to 1:500 and spread from 1.8 pips. The available trading platform is the leading MT5 and the minimum deposit requirement to open a live account is $10.
Pros and Cons
| Pros | Cons |
| Diverse trading assets | Suspicious clone FSA icense |
| Zero commission | Unfunctional website |
| MT5 available | Uncompetitive spreads |
| Low minimum deposit | Limited payment options |
| Only email support |
Is AltumFX Legit?
No, AltumFX operates with a suspicious clone license, which makes it risky to trade on this platform.
| Regulated Country | Regulated Authority | Current Status | Regulated Entity | License Type | License No. |
 | The Seychelles Financial Services Authority (FSA) | Suspicious Clone | GT Global Ltd | Retail Forex License | SD019 |
What Can I Trade on AltumFX?
| Trading Asset | Available |
| forex | ✔ |
| commodities | ✔ |
| indices | ✔ |
| stocks | ✔ |
| cryptocurrencies | ✔ |
| bonds | ❌ |
| options | ❌ |
| ETFs | ❌ |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Desktop, Mobile, Web | Experienced traders |
| MT4 | ❌ | Desktop, Mobile, Web | Beginners |
Deposit and Withdrawal
AltumFX accepts payments via wire transfers, cryptocurrencies, and Skrill.
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