Altum Brokers
Company Background
The brokerage company claims to be registered in the Seychelles under number 8434835-1, but does not provide documentary evidence of its actual experience. In addition, the project mentions an FSA license under number SD194. Despite this, the company promises “the best environment,” although according to official data, it does not have licenses from reputable regulators, which is critical for the security of client assets. In our objective review of Altum Brokers, we will analyze the company’s trading conditions and legal framework to ensure the reliability of this broker.
Overview of Services and Trading Terms
Altum Brokers’ trading offer is based on the use of MetaTrader 4/5 terminals, as well as their mobile versions. The company provides access to more than 120 assets, including CFDs on currency pairs, commodities, etc.
In financial terms, Altum Brokers has developed a system of four account types with a minimum opening threshold of $5. According to information on the website, spreads start at 0.0 pips with a fixed commission of $2.5 per lot in one direction. There are no commissions on standard accounts, but spreads are floating or fixed, starting at 1.0 pips.
In addition, the company offers copy trading services for automatic strategy duplication and access to VPS hosting. Altum Brokers’ analytical support is limited to standard tools such as an economic calendar.
Referral and Bonus Schemes
Altum Brokers uses an affiliate program to attract traffic, promising payouts of up to $15 in commission for every lot traded by referrals. Please note that the intermediary may change or terminate this offer at any time without prior notice.
As for bonuses, the company offers 30% on deposits, but the conditions for withdrawing profits are extremely confusing. To cash out bonus funds, traders must generate a huge trading turnover within a strictly defined time frame. In accordance with Altum Brokers’ rules, any attempt to withdraw funds before these requirements are met will result in the cancellation of all accruals. In other words, this turns bonuses into a deposit trap.
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FAQ
Is there any income guarantee when trading with altumbrokers.com?
What sum is necessary to begin dealing with Altum Brokers?
What deposit and withdrawal methods are available?
Is altumbrokers.com a legitimate website?
Is it like roulette with no guarantee of earning money?
Overall Score
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1 review24.02.2026 13:11THIS ISN'T A BROKER, IT'S A SCAM!!!
As soon as I made a little profit — JUST OVER $740 — they blocked my account!
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1 review20.02.2026 01:36They're damn thieves!
I thought I could at least somehow increase my modest savings and invested $3,000. But no! As soon as it came to withdrawing money, their support disappeared, and the site simply shut down. My money was gone with the wind, and where can I find it now? They just took and stole everything I invested in crypto trading. I curse the day I decided to trust my money to Altum brokers!
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1 review19.02.2026 05:15I MADE THE WRONG CHOICE
After carefully analyzing various brokerage platforms, I unfortunately chose ALTUM BROKERS. This decision was based on their promises of low spreads and advanced trading tools. However, the reality turned out to be completely different: hidden commissions, manipulation of quotes, and a complete lack of transparency in transactions. THIS IS NOT JUST DISAPPOINTMENT, it is a complete failure of professional ethics.
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1 review19.02.2026 04:16It really is easy to trade here!
If someone had given me a link to such a great and lightning-fast brokerage site earlier, I would have started making serious money in no time. For now, I can say that this platform serves as a great resource for diversifying my investments. My deposit here has already gained over 4 thousand in three months, and that’s just from trading Nvidia stocks, silver, and Urals oil; I could have also jumped into crypto, which are extremely volatile assets. The returns there are even higher!
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1 review18.02.2026 10:57They work great, but only with scam schemes...
I invested 670 USDT and decided to try my hand at forex. At first, everything went smoothly: I withdrew small amounts, and support was available. But as soon as I increased my deposit, all contact with Altum brokers disappeared along with my money! Now altumbrokers.com is unavailable, and my emails remain unanswered
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1 review13.02.2026 19:36Don't trust pretty promises
I invested a relatively small amount of money (just over $2,000) and started trading, but quickly realized that something was wrong – the trades were unprofitable, and I didn’t have enough experience, so I was simply losing money. When I tried to get some of my money back, Altum Brokers completely ignored me
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1 review13.02.2026 10:43This company is the height of cheating!!!
As soon as I deposited money, the “oddities” began: inexplicable delays, calculation errors, and constant calls from managers asking me to deposit more. When I decided to withdraw my earnings, I was told that I had to pay a commission. After paying, all contact with them was lost, the altumbrokers.com website stopped working, and the money simply disappeared. This is the worst investment experience of my life…
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1 review10.02.2026 03:25Withdrawal fraud
The broker promised a withdrawal in crypto within 24 hours, but in practice it took three weeks, and even then with constant requests for additional documents. Interestingly, during those three weeks, my account ended up with losses, even though I didn’t make any trades. How is that possible?!
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1 review10.02.2026 02:06I AM DISAPPOINTED!
I am wondering whether it is worth continuing to work with them if they canceled several of my orders in pairs with EUR USD? And also after the administration refused to provide financial statements? I will tell you that it is better not to work with such a broker; do not repeat my mistakes. At Least Save Your Money.
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1 review07.02.2026 09:13Scammers, 100 percent
Not only is your deposit being drained, which isn’t even the most obvious part, but they also have the nerve to display fake company money on the screen. Then they demand a refund, threatening to close the account and claiming Altum Brokers has a right to the client’s funds who has not played back the bonus…
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1 review06.02.2026 15:17THEY CHANGE THE TERMS WITHOUT WARNING
When trading LTC, I took the offered leverage of 1:200, which allowed me to manage a large position. However, the broker suddenly changed the leverage to 1:20, which led to an instant stop-out and a loss of $7.2k. I did not receive any warning or explanation from Altum brokers’ staff… Changing the terms retroactively is nothing more than deceiving their clients! They lost me FOREVER!
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1 review01.02.2026 13:02You can't trust these crooks with a single cent
They catch traders with “slippage” spreads and drain their money with sudden increases. I lost almost $400 in a couple of days because they artificially widened the spreads on currency pairs when I was in a position. They just ignore all my questions! I’m furious! This is a real scam, not a broker!
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1 review25.01.2026 06:10This site is designed for fools or adventurers
The broker is not authorized to operate in Europe (read the laws on forex dealers), and its offshore registration in the Seychelles only makes me smile. And note that the leverage is 1:2000, but the deposit starts at $5. In principle, you can deposit money little by little and have fun in MetaTrader. However, you can deposit $2K right away and then you’ll be kicking yourself when these crooks block your account.
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1 review24.01.2026 06:54I was absolutely blown away by my experience with this broker!!!
I’ve never seen this kind of scam anywhere – they don’t screw you over the first three times, but on the fourth, they just ghost you on every communication channel and refuse to withdraw your funds. The crooks at altum brokers simply gained my trust and then ripped me off for $450. What a stinking bucket shop! The only thing that saved you from a lawsuit was the fact that you aren’t registered in Spain. Jerks…
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1 review21.01.2026 19:18POSITIVE REVIEW
I am writing this review based on the experience of my friend, who recently started trading with this company. To my surprise, he did not lose his money right away, as is often the case with beginners. ALTUM BROKERS’ employees provided him with really useful support, dispelled common illusions about easy money, and focused on the basics, risk management, and trading according to a strategy. They explained to him the importance of controlling his emotions and planning each trade. Thanks to this, he began to trade more consciously and started to get results. Therefore, if support at the start is important to you, then altumbrokers.com can be considered as an option. I am thinking of working here.
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1 review21.01.2026 05:36The company is incapable of handling client complaints quickly
It’s been two weeks and I still can’t withdraw money from my account. I reached out to the ALTUM brokers staff – they asked for my transaction history, which I sent to the agreed email support@altumbrokers.com – and then nothing but silence. They claim they aren’t receiving anything and ask to resend it – so I did. The result is always “the request has been forwarded to the finance department,” but no information ever comes back from them. I’m just sitting here waiting for a miracle while they keep stringing me along, saying my case is under review. I’m tired of fighting for my own money; it’s not a huge amount, but it’s frustrating. If a broker doesn’t want to lose clients, they should pay closer attention to their employees’ performance.
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