Score

1.37 /10
Danger

ALTAIR MARKETS

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index5.91

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

ALTAIR MARKETS · Company summary
AspectDetails
Company NameALTAIR MARKETS
Registered Country/AreaSaint Vincent and the Grenadines
Founded Year17 years ago
RegulationUnregulated
Trading PlatformsNot provided
Customer SupportPhone at +52 55.2091.1938 and email at soporte@altairic.com

Overview of ALTAIR MARKETS

ALTAIR MARKETS is a financial intermediary based in Saint Vincent and the Grenadines, operating without regulatory oversight.

They charge commissions only on profits and employ advanced algorithms to minimize trading risks. Founded on principles of client wealth preservation, they emphasize a client-centric approach despite limited information about their market instruments, account types, and other specifics. Customer support is available during weekday business hours, reflecting their commitment to assisting clients within set times.

However, the absence of detailed regulatory information and service details can raise considerations for potential investors.

Overview of ALTAIR MARKETS

Regulatory Status

ALTAIR MARKETS operates without regulatory oversight. This means it lacks official approval or supervision from financial authorities. Without regulation, there's no assurance of adherence to industry standards, transparency in operations, or protection for investors against malpractices.

Pros and Cons

ProsCons
17+ years of industry experienceNo trading software provided
Commission model only on profitsLimited information available on website
Advanced algorithms to prevent human errorUnregulated

Pros:

  1. 17+ years of industry experience:
  • ALTAIR MARKETS boasts over 17 years of experience in the financial industry, indicating a long-standing presence and presumably deep knowledge of market dynamics and client needs.
  1. Commission model only on profits:
  • The broker charges commissions solely on profits, aligning their interests with clients' success. This model can incentivize responsible trading practices and transparency in fee structures.
  1. Advanced algorithms to prevent human error:
  • ALTAIR MARKETS utilizes sophisticated algorithms designed to minimize human error in trading decisions. This technology could potentially enhance trade execution and reduce risks associated with manual trading.

Cons:

  1. No trading software provided:
  • ALTAIR MARKETS does not offer dedicated trading software, which can limit flexibility and convenience for active traders who prefer robust trading platforms with advanced features.
  1. Limited information available on website:
  • The website lacks clear information, potentially hindering potential clients' ability to make informed decisions about the services offered, trading conditions, or regulatory status.
  1. Unregulated:
  • ALTAIR MARKETS operates without regulatory oversight, which means there is no official supervision to ensure compliance with industry standards or protect clients in case of disputes or financial losses. This lack of regulation can raise risks about transparency and investor protection.

Products and Services

ALTAIR MARKETS offers a robust platform powered by algorithms refined over 17 years, prioritizing capital preservation. Their commission structure, charging only on profits, contrasts with traditional broker practices, protecting client investments. With accessible entry to their strategies, ALTAIR fosters healthy growth through responsible management and customer trust.

Products and Services

Customer Support

ALTAIR MARKETS provides customer support via phone at +52 55.2091.1938 and email at soporte@altairic.com. They are available Monday to Friday, from 9am to 6pm, offering assistance to users regarding account inquiries, technical issues, and trading-related queries.

Conclusion

In conclusion, while ALTAIR MARKETS presents itself as a seasoned financial intermediary with a client-focused commission model and advanced trading technology, its lack of regulatory oversight and limited transparency on key operational aspects like market instruments and account types raise significant risks.

Moreover, the availability of customer support during limited hours and the absence of service details.

FAQ

What are ALTAIR MARKETS' trading hours?

ALTAIR MARKETS operates during standard market hours, typically Monday to Friday, 9am to 6pm.

How does ALTAIR MARKETS charge fees?

Fees are charged solely on profits, aligning their interests with client success.

Is ALTAIR MARKETS regulated?

ALTAIR MARKETS operates without regulatory oversight.

What customer support options are available?

Customer support is available via phone and email during weekdays from 9am to 6pm.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.

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FX1421744036
more than one year
While ALTAIR MARKETS has some drawbacks, such as the limited language options and unclear regulatory oversight, they do offer competitive trading conditions and a user-friendly platform. It's up to each trader to decide whether these factors outweigh the potential risks.
While ALTAIR MARKETS has some drawbacks, such as the limited language options and unclear regulatory oversight, they do offer competitive trading conditions and a user-friendly platform. It's up to each trader to decide whether these factors outweigh the potential risks.
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2023-04-03 18:30
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FX1421744036
more than one year
So, regarding ALTAIR MARKETS, I noticed that they only offer services in Spanish and are registered in Saint Vincent and the Grenadines. While this might not be a deal-breaker for Spanish-speaking traders, it could limit their potential client base. Another potential concern is the lack of clear regulatory oversight, as Saint Vincent and the Grenadines is not known for its strict financial regulations. Traders who prioritize regulatory protection like me might want to consider other options.
So, regarding ALTAIR MARKETS, I noticed that they only offer services in Spanish and are registered in Saint Vincent and the Grenadines. While this might not be a deal-breaker for Spanish-speaking traders, it could limit their potential client base. Another potential concern is the lack of clear regulatory oversight, as Saint Vincent and the Grenadines is not known for its strict financial regulations. Traders who prioritize regulatory protection like me might want to consider other options.
Translate to English
2023-04-03 18:30
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