Altavest Forex Broker

Altavest Forex Broker - Complete Information Guide

1. Broker Overview

　　Altavest Worldwide Trading, Inc., founded in 1997, is a prominent player in the financial services industry, particularly in commodity trading and futures options. The company is headquartered in San Clemente, California, with additional offices located in Laguna Niguel, California. As a privately held entity, Altavest focuses on providing a range of trading solutions to both retail and institutional clients, catering to a diverse clientele that includes novice traders and experienced investors alike.

　　Over the years, Altavest has established itself as a trusted name in the trading community, marked by significant milestones such as the launch of its proprietary trading platform, Theta Trader, which integrates advanced algorithms for options trading. The company has continuously evolved its service offerings, adapting to the changing landscape of financial markets while ensuring that clients have access to the tools and resources necessary for successful trading.

　　Altavest operates primarily in the futures and options markets, providing services to a wide range of clients, from individual retail traders to larger institutional investors. The company's business model encompasses both self-directed trading and managed futures services, allowing clients to choose the level of assistance they require. This flexibility is a key component of Altavest's strategy, ensuring that it meets the varied needs of its diverse client base.

2. Regulatory and Compliance Information

　　Altavest is registered with several regulatory bodies, ensuring compliance with industry standards and protecting client interests. The primary regulatory authority overseeing Altavest is the Commodity Futures Trading Commission (CFTC), where the company operates as an Introducing Broker (IB). Additionally, Altavest is a member of the National Futures Association (NFA), which further affirms its commitment to maintaining high standards of integrity and transparency in its operations.

　　The company holds the following regulatory details:

• NFA License Number: 0277488
• CFTC Registration: Active and compliant with all requirements

　　Altavest adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, ensuring that all client identities are verified and monitored to prevent illicit activities. The company also implements a robust client funds segregation policy, which safeguards client assets by ensuring they are held in separate accounts from the company's operational funds. This practice enhances security and instills confidence among clients regarding the safety of their investments.

　　Furthermore, Altavest is committed to investor protection and participates in compensation schemes that provide an additional layer of security for clients. This comprehensive approach to compliance and risk management demonstrates Altavest's dedication to maintaining a trustworthy trading environment.

3. Trading Products and Services

　　Altavest offers a diverse array of trading products tailored to meet the needs of its clients. The broker provides access to a wide selection of forex currency pairs, including major, minor, and exotic pairs, allowing traders to engage in a variety of trading strategies. In addition to forex, Altavest also offers Contract for Difference (CFD) products across multiple asset classes, including:

• Indices: Major global stock indices
• Commodities: Energy, metals, and agricultural products
• Stocks: Shares of publicly traded companies
• Cryptocurrencies: Selected digital currencies

　　The company is known for its innovative Legend Program, which focuses on options trading strategies designed to provide superior risk-adjusted returns. This program leverages the advanced capabilities of the Theta Trader platform, which automates risk management and profit-taking processes, enhancing the trading experience for clients.

　　Altavest regularly updates its product offerings, ensuring that clients have access to the latest market trends and trading opportunities. The broker also provides retail trading services and caters to institutional clients with tailored solutions, including white-label services for firms seeking to establish their trading platforms. Additionally, Altavest offers asset management services, allowing clients to benefit from professional trading expertise.

4. Trading Platform and Technology

　　Altavest provides its clients with access to the Theta Trader platform, a proprietary trading system designed specifically for options trading. This platform features built-in algorithms that pre-select high-probability option spreads on stock indices, making it a valuable tool for traders looking to optimize their strategies.

　　While Altavest does not currently support MetaTrader 4 or MetaTrader 5, its proprietary platform offers a range of functionalities that cater to the needs of both novice and experienced traders. The platform includes:

• Web-based trading: Accessible from any device with internet connectivity
• Mobile application: Available on both iOS and Android, allowing traders to manage their accounts on the go
• Execution modes: The platform operates on an ECN model, ensuring fast and efficient trade execution

　　Altavest's infrastructure is supported by advanced server technology, enhancing the reliability and speed of trade execution. The company also offers API access for automated trading, enabling clients to integrate their trading strategies with the platform seamlessly.

5. Account Types and Trading Conditions

　　Altavest offers a variety of account types to accommodate the diverse needs of its clientele. The standard account conditions include:

• Minimum deposit: Varies by account type
• Spreads: Competitive spreads depending on market conditions
• Commissions: Applicable on certain trades

　　For more advanced traders, Altavest provides specialized accounts, including:

• VIP accounts: Tailored for high-volume traders with enhanced features
• Professional accounts: Designed for experienced traders seeking additional benefits

　　Altavest also offers Islamic accounts, which comply with Sharia law, and corporate accounts for business entities.

　　The broker provides a demo account option, allowing potential clients to practice trading without risking real funds. Clients can benefit from leverage ratios that vary by product, enabling them to enhance their trading potential. The minimum trade size is set at a level that accommodates both beginners and seasoned traders.

　　Additionally, Altavest has a clear policy regarding overnight fees, ensuring transparency in its trading conditions.

6. Funds Management

　　Altavest supports various deposit methods to facilitate client transactions, including:

• Bank transfers
• Credit cards
• E-wallets

　　The minimum deposit requirements vary by account type, with details provided during the account opening process. Deposits are processed efficiently, typically within a few business days, depending on the method chosen.

　　Clients should be aware of potential deposit fees, which may apply based on the payment method.

　　For withdrawals, Altavest offers multiple options and maintains a streamlined process to ensure timely access to funds. Withdrawal requests are generally processed within a specified timeframe, with fees structured transparently to avoid surprises.

7. Customer Support and Educational Resources

　　Altavest is committed to providing exceptional customer support through various channels, including:

• Phone
• Email
• Live chat
• Social media

　　The support team is available during business hours, ensuring timely assistance for clients across different time zones.

　　The company offers multilingual support, catering to a diverse client base.

　　To enhance trading knowledge, Altavest provides a variety of educational resources, including:

• Webinars
• Tutorials
• E-books

　　Clients can also access market analysis services, which include daily reports, news updates, and research findings to help inform their trading decisions. Additional trading tools such as calculators and economic calendars are also available to assist traders.

8. Regional Coverage and Limitations

　　Altavest primarily serves clients in the United States and is expanding its reach to other international markets. The company has established regional offices to enhance its service delivery.

　　However, Altavest does not accept clients from certain countries due to regulatory restrictions. Specific countries and regions where services are not available include those with stringent trading regulations or where the company is not licensed to operate.

　　In conclusion, Altavest broker stands out in the competitive trading landscape by offering a comprehensive suite of services tailored to both retail and institutional clients. With its robust regulatory framework, diverse product offerings, and commitment to customer support, Altavest remains a reliable choice for traders seeking to navigate the complexities of the financial markets.