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Pros

User-friendly trading platform with a variety of tools for both beginner and experienced traders.
Strong security measures, including encryption and two-factor authentication, to protect user data.
Diverse asset offerings, allowing for portfolio diversification across forex, commodities, and cryptocurrencies.

Cons

Lack of effective regulatory supervision, which may raise concerns for some traders.
Negative equity protection is not guaranteed, posing potential risks for users during volatile market conditions.
Limited customer support options, which could hinder assistance during critical trading situations.

ALT broker Accounts

Altum Brokers Account Type

Altum Brokers offers two main account types tailored to different trading requirements:

  • Altum ECN Account
    • Commission: $3.50 per $1,000,000 traded.
    • Spreads: Starts from 0.0 pips on forex and other popular instruments.
    • Best For: Traders requiring tighter spreads, such as scalpers and day traders.
    • Leverage: Up to 500x.
    • Altum Standard Account
      • Commission: Commission-free trading.
      • Spreads: Starts from just 1 pip.
      • Best For: Traders who hold positions over the long term or trade less frequently.
      • Leverage: Up to 500x.

      Both account types provide access to a wide range of trading instruments, including cryptocurrencies, forex, equity indices, and gold.

      Altum Brokers Broker Account Opening Process

      Opening an account with Altum Brokers is a straightforward process that can be completed in just a few minutes:

      • Fill Out the Application Form: Provide your name, email address, phone number, and country of residence. No documentation is required at this stage.
      • Instant Activation: Upon submission, your account will be instantly activated.
      • Funding Your Account: You can fund your account using various cryptocurrencies, including BTC, ETH, USDT, and others.
      • Trading: Once your account is funded, you can start trading 24/7 using a straight-through processing (STP) model.
      • For deposits or withdrawals exceeding $5,000, additional identification may be requested to comply with anti-money laundering regulations.

ALT accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
ALT Account