Rating Index
Pros
Offers a variety of trading instruments including forex, commodities, stocks, and cryptocurrencies.
Utilizes popular trading platforms like MetaTrader 4 and MetaTrader 5, providing a familiar environment for traders.
Has a long-standing domain, which may indicate stability and reliability in its operations.
Cons
Low trust scores and negative reviews raise concerns about the credibility and reliability of the broker.
Limited information on regulatory oversight, which can be a red flag for potential investors.
Website accessibility issues and reports of being out of business may hinder user experience and trust.
ALTFX broker Accounts
Altitude Trade Account Type
Altitude Trade offers several account types tailored to different trading needs. The primary accounts include:
- Standard Account:
- Minimum Deposit: $100
- Spreads: Variable, starting from 0.0 pips.
- Leverage: Up to 1:500, depending on the asset.
- Commission: Zero commissions on trades.
- Features: Access to all trading instruments, including forex, commodities, and cryptocurrencies.
- Edge Account:
- Minimum Deposit: $5,000
- Spreads: Starting from 0.6 pips.
- Leverage: Up to 1:400 for professional clients.
- Commission: Zero commissions per lot.
- Features: Designed for advanced traders with additional latency reduction.
- Premium Account:
- Minimum Deposit: $10,000
- Spreads: Raw spreads starting from 0.0 pips.
- Commission: $25 per 10 lots traded.
- Features: Access to exclusive trading tools, including advanced analytics.
- Demo Account:
- Minimum Deposit: None required.
- Features: Unlimited practice with virtual funds, allowing traders to familiarize themselves with the platform and test strategies without financial risk.
Visit the Website: Go to the Altitude Trade website and click on the “Sign Up” button.
Select Account Type: Choose the desired account type (Standard, Edge, Premium, or Demo).
Provide Personal Information: Fill in your personal details, including your name, email address, and mobile number.
Verification Process:
- You will receive a verification code via SMS. Enter this code to proceed.
- Upload required documents for identity verification, such as a government-issued ID and proof of residency (like a utility bill).
Fund Your Account: After verification, deposit the minimum required amount based on the selected account type.
Start Trading: Once your account is funded, you can begin trading on the platform.
Altitude Trade Broker Account Opening Process
Opening an account with Altitude Trade is a straightforward process that can be completed in a few steps:
This entire process typically takes less than a day, allowing traders to quickly access the markets.
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