ALTUM Ltd Broker Review

Q: How do I contact Altum support?

By email at support@altumbrokers.com and by telephone on +44 20 36775454 . Note that the phone number is a United Kingdom line while the licensed company sits in the Seychelles; a UK number does not mean UK regulation or a UK legal remedy. Live chat hours, support languages beyond English and a complaints address are not published.

Is Altum a scam?

Wikilix independent safety report

Read the full report

0%Scam risk

High risk (unverified)Confidence: MEDIUM

3.0/5

No, we found no evidence that Altum is a scam: ALTUM Ltd holds a genuine Seychelles Securities Dealer licence, and the regulator's own register lists altumbrokers.com as its website. We still rate it…

Risk scorecard · each area scored 0 (clean) to 10 (worst)

Regulation6/10 · HighIdentity & transparency3/10 · LowWithdrawals & conduct3/10 · LowReputation5/10 · ModerateWebsite claims5/10 · ModerateOperational history4/10 · Moderate

Broker Summary

Summary of the broker

Altum is a retail forex and CFD brand operated by ALTUM Ltd, a company incorporated in the Seychelles and registered at House of Francis, Unit 1, Ground Floor, Ile Du Port, Mahé, Seychelles. The brand trades at altumbrokers.com and lists a single regulatory permission: Seychelles Financial Services Authority licence number SD194, a derivatives trading permission held in the name of ALTUM Ltd. That is an offshore, light-touch licence and the only supervision the broker claims.

The offering is built on MetaTrader. MetaTrader 4 is provided under a full server licence, with two MT4 servers, and a MetaTrader 5 server is also operated. Five live account tiers are published: SHIELD (from $250, up to 1:500, spreads from 1.0 pips, no commission), Cent (from $5, up to 1:2000, spreads from 1.0 pips, no commission), PRO (from $5, up to 1:2000, spreads from 1.0 pips, no commission), EDGE (from $5, up to 1:2000, spreads from 0.0 pips with $2.50 per lot per side) and APEX (from $10,000, up to 1:1000, spreads from 0.0 pips with $1.50 per lot per side). The instrument range is stated as more than 100 products across FX, indices, crypto, commodities and stocks. Funding runs through bank transfer, Skrill and Neteller, and the same channels are used for withdrawals; fees, limits and processing times are not disclosed.

Honest caveats. Leverage of up to 1:2000 is far above what any onshore regulator permits and it magnifies losses as fast as gains. The Seychelles licence carries no client-money insurance and no negative-balance protection scheme, so a dispute is handled by the broker and, failing that, by an offshore authority with limited enforcement reach. The regulatory permission could not be checked against the authority's own register in this review, and the operating company could not be confirmed on a public Seychelles corporate register, which is normal for that jurisdiction but leaves the incorporation date and company number unverified. There is also a documented client complaint about an inability to close a position during a fast market. Altum may suit experienced traders who want MetaTrader access, cent accounts and very high leverage and who accept offshore counterparty risk; it is not a substitute for an onshore-regulated broker for anyone who needs statutory protection of their deposit.

Regulatory Licenses

Compliance & oversight

1 license

FSATier 3

Seychelles•#SD194

Regulated

License Details

Type:Dealing in securities

License #:SD194

Status:Regulated

Validity

Effective:N/A

Expires:N/A

Seychelles securities dealer style derivatives trading licence held by ALTUM Ltd; offshore, light-touch supervision. Effective and expiry dates are not published.

Verified on registerActive on the Seychelles FSA Securities Dealer register, with the licensed entity, website, email and phone number all matching this broker

What our check found

A Securities Dealer licence issued under the Seychelles Securities Act 2007, permitting the company to deal in securities and derivatives as a broker-dealer. It is a real statutory licence, but supervision is light and it carries no investor compensation scheme. Client protection: Low. No statutory compensation scheme and no deposit guarantee. Client recourse is limited to complaining to the regulator in Seychelles..

Verify on official register View FSA page

Last checked Aug 13, 2026

Tier 1

Countries

Offshore

Account Types

Trading account options

5 types

SHIELD

Standard · Standard

Min Deposit USD 250 • Leverage 1:500 • Commission Zero

Min DepositUSD 250

Leverage1:500

CommissionZero

Cent

Cent · Cent

Min Deposit USD 5 • Leverage 1:2000 • Commission Zero

Min DepositUSD 5

Leverage1:2000

CommissionZero

APEX

Pro ECN · ECN

Min Deposit USD 10,000 • Leverage 1:1000 • Commission $1.5 per lot/side

Min DepositUSD 10,000

Leverage1:1000

Commission$1.5 per lot/side

EDGE

ECN · ECN

Min Deposit USD 5 • Leverage 1:2000 • Commission $2.5 per lot/side

Min DepositUSD 5

Leverage1:2000

Commission$2.5 per lot/side

PRO

Pro · VIP

Min Deposit USD 5 • Leverage 1:2000 • Commission Zero

Min DepositUSD 5

Leverage1:2000

CommissionZero

Total Types

Funding Methods

Deposit & withdrawal options

3 methods

Bank transfer

Bank Transferdays

Deposit

Fee:Free

Min:N/A

Max:N/A

Withdrawal

Fee:Free

Min:N/A

Max:N/A

Supported for both deposits and withdrawals; fees, limits and processing times are not published.

Skrill

E-Wallethours

Deposit

Fee:Free

Min:N/A

Max:N/A

Withdrawal

Fee:Free

Min:N/A

Max:N/A

Supported for both deposits and withdrawals; fees, limits and processing times are not published.

Neteller

E-Wallethours

Deposit

Fee:Free

Min:N/A

Max:N/A

Withdrawal

Fee:Free

Min:N/A

Max:N/A

Supported for both deposits and withdrawals; fees, limits and processing times are not published.

Free Deposit

Instant

Crypto

Trading Platforms

Professional trading tools

1 Available

MetaTrader 4

by MetaQuotes Software Corp. • 2005

Windows

Mac

Web

Android

Rating

4.5

Status

Available

Type

Integrated

Platforms

Trading Software

Visit

Global Domains

Worldwide web presence

2 sites

🌐

https://altumbrokers.com

Unknown

Active

SSL

🌐

https://my.altumbrokers.com/

Unknown

Active

SSL

Active

Countries

100%

SSL

Social Presence

Digital community engagement

1 platform

Official

Active

Corporate Network

Enterprise structure & relationships

1 entities

ALTUM Ltd

Seychelles

active

Registration

N/A

Established

N/A

Company Registration

Legal entity checked against the official company registry

Verified on registry

Legal entity

ALTUM Ltd

Registration number

8434835-1

Jurisdiction

Seychelles

Registry

Financial Services Authority Seychelles (Securities Dealer register and struck-off company search)

Registered address

House of Francis, Unit 1, Ground Floor, Ile Du Port, Mahe, Seychelles

From our latest investigation · Verified Aug 13, 2026

View on official registry

Frequently Asked Questions

Common questions about Altum

Is Altum available in my country?

No list of accepted or restricted countries could be confirmed for this review. A Seychelles licence does not authori...

What can I trade with Altum?

More than 100 instruments spanning FX pairs, indices, cryptocurrencies, commodities and stock CFDs. Exact per-class c...

Does Altum offer swap-free (Islamic) accounts?

No swap-free account is documented for any of the five tiers. If you need one, get written confirmation from support ...

By email at [email protected] and by telephone on +44 20 36775454. Note that the phone number is a United Kingdom line while the licensed company sits in the Seychelles; a UK number does not mean UK regulation or a UK legal remedy. Live chat hours, support languages beyond English and a complaints address are not published.

The brand has an operating history in the range of roughly two to five years. No precise founding date is documented, and because the operating company could not be found on a public register, the age claim could not be corroborated against an incorporation record.

No investor compensation scheme covers this licence, and no client-money insurance or negative-balance protection is documented. If the company failed, recovering a deposit would mean pursuing a Seychelles company, which is slow, expensive and rarely successful for a retail client. Never deposit more than you can afford to lose entirely.

There is no evidence of a fabricated licence, a cloned identity or a regulator warning. The licence number, the licensed entity and the brand are consistent with one another. What is missing is protection rather than proof of fraud: an offshore licence with no compensation scheme, no public confirmation of the operating company, undisclosed funding terms and a documented client complaint about being unable to close a position during a fast market. Our assessment is high risk and only partly verifiable, not confirmed fraud.

No processing time is published. E-wallet withdrawals at brokers of this type typically clear within hours and bank transfers within a few business days, but Altum states nothing, so treat any timeframe you are given verbally as unconfirmed and test with a small withdrawal first.

Bank transfer, Skrill and Neteller are the named channels, and each works in both directions. Fees, minimum and maximum amounts and processing times are not disclosed, so ask support in writing for the fee schedule before funding an account.

Two pricing models. The commission-free tiers (SHIELD, Cent, PRO) quote spreads from 1.0 pips. The raw-spread tiers quote from 0.0 pips with a commission: $2.50 per lot per side on EDGE and $1.50 per lot per side on APEX. Spreads are variable, so the quoted floor is a best case, not an average.

MetaTrader 4 and MetaTrader 5. MetaTrader 4 runs under a full server licence with two servers, one of them hosted in Germany, and a MetaTrader 5 server is also operated. Both platforms are available on Windows, web and mobile in their standard builds. Direct download links are not published in a form this review could confirm.

Up to 1:2000 on the Cent, EDGE and PRO accounts, 1:1000 on APEX and 1:500 on SHIELD. Leverage at that level is not permitted by any onshore regulator; it can wipe out an account on a small adverse move, so position sizing matters far more than the headline number.

The lowest published entry point is $5, which applies to the Cent, EDGE and PRO accounts. The SHIELD account starts at $250 and the APEX account requires $10,000.

The operating legal entity is ALTUM Ltd, incorporated in the Seychelles with a registered address at House of Francis, Unit 1, Ground Floor, Ile Du Port, Mahé, Seychelles. The same name appears on the licence record. No public Seychelles corporate register entry could be opened, so the company number, incorporation date and ownership behind ALTUM Ltd remain unconfirmed.

Altum operates under one permission: a derivatives trading licence numbered SD194, issued in the Seychelles to ALTUM Ltd. It is an offshore, light-touch licence, and it is the only supervision the brand claims. There is no onshore licence from an authority such as the FCA, ASIC, CySEC or the DFSA, and the permission could not be checked against the issuing authority's own register during this review.

Altum

Trading Conditions

User Reviews

Funding Methods

Bank transfer

Skrill

Neteller

Performance Metrics

Regulatory Licenses

Company Information

Customer Support

Is Altum a scam?

Broker Summary

Regulatory Licenses

Account Types

Funding Methods

Trading Platforms

MetaTrader 4

Global Domains

Social Presence

Corporate Network

ALTUM Ltd

Company Registration

Frequently Asked Questions

Is Altum available in my country?

What can I trade with Altum?

Does Altum offer swap-free (Islamic) accounts?

How do I contact Altum support?

How old is Altum?

Are my funds protected if Altum fails?

Is Altum a scam?

How long do withdrawals take?

How can I deposit and withdraw money?

What are the spreads and commissions?

Which trading platforms can I use?

What leverage does Altum offer?

What is the minimum deposit at Altum?

Who owns and operates Altum?

Is Altum regulated?

Can't find what you're looking for?

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Comments

Frequently Asked Questions

Is Altum available in my country?

What can I trade with Altum?

Does Altum offer swap-free (Islamic) accounts?

How do I contact Altum support?

How old is Altum?

Are my funds protected if Altum fails?

Is Altum a scam?

How long do withdrawals take?

How can I deposit and withdraw money?

What are the spreads and commissions?

Which trading platforms can I use?

What leverage does Altum offer?

What is the minimum deposit at Altum?

Who owns and operates Altum?

Is Altum regulated?

Can't find what you're looking for?

Brokers worth comparing

Alchemy Markets

MC900

Spread Co

Swissquote