Search

Isports Trader foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://isportstrader.com/, about the company's legal and temporary regulatory information, the company's address .

Isports Trader Forex Broker

Basic Information

Registered Region
Saint Vincent and the Grenadines
Operating Period
--
Company Name
Eltoro PVT LTD
Abbreviation
Isports Trader
Company employee
--
Keywords
2-5 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Rating Index

  

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.

Isports Trader Similar Brokers

FTX
FTX Broker - Comprehensive Information Guide   1. Broker Overview   FTX, officia
1.41
Score
1.43
Score
1.43
Score
FXMTB
FXMTB Forex Broker - Complete Information Guide   1. Broker Overview   FXMTB, a
1.43
Score
1.44
Score
1.43
Score
1.43
Score
Heritage Holding
Heritage Holding Forex Broker - Complete Information Guide   1. Broker Overview
1.43
Score
DXJM FUTURE LTD
DXJM Future Ltd Forex Broker - Complete Information Guide   1. Broker Overview
1.43
Score
Unverified
 StallionFxTrade
No license plate
1.43
Score
TRP
Trp Forex Broker - Complete Information Guide   1. Broker Overview   Trp Forex,
1.43
Score
Unison FX
Unison FX Broker - Complete Information Guide   1. Broker Overview   Unison FX L
1.43
Score
1.44
Score
Svendborg Wave
Svendborg Wave Forex Broker - Complete Information Guide   1. Overview of the Br
1.43
Score
Unverified
Glory Market
No license plate
1.43
Score
1.43
Score
1.43
Score
1.43
Score
1.43
Score
1.44
Score
1.44
Score
1.43
Score
1.43
Score
SWG
1.44
Score
FLOKI
Floki Forex Broker - Complete Information Guide   1. Broker Overview   Floki For
1.44
Score
1.43
Score
Digibits
Digibits Forex Broker - Comprehensive Information Guide   1. Broker Overview   D
1.44
Score
Lead Fx Swipe
Lead FX Swipe Forex Broker - Comprehensive Information Guide   1. Broker Overvie
1.43
Score
1.43
Score

Latest Reviews

Niranjan581

Niranjan581

India

Hi All, ISPORTS TRADER was a big scam company and they made me investment total 7,200 USD, Starting they made me invested 200 USD, and after that they have not given wrong trades and made me loss And again they convinced me made invest 500 USD again they have not given trades and made me loss Like this in the name of Recovery they made me investment total 7,200 USD. They never allowed to withdraw, only once they have allowed 500 USD that is out of 7200 USD. So please recover my money.

Exposure

2023-07-05

毫无抵抗力

毫无抵抗力

New Zealand

When I was browsing the Isports Trader website and had some questions, I came to their FAQ page. Unexpectedly, this part not only has very little content, but most of it is some basic common sense, which is of little help to my problem. I feel like this company is not very sincere to its customers.

37130

2023-03-15

VARATHARAJKUMAR

VARATHARAJKUMAR

India

I saw their advertisement in Facebook and registered with my mail id and phone number. Initially one person by the Name Rajesh Kanna called me. His details as below Rajesh Kanna Financial Advisor Email : Rajesh.Kanna@traderspips.com Web   : www.isportstrader.com  Phone : +44 789 704 6655 He asked me to start a trading account with USD 100 so I made my initial deposit of USD 100. Rajesh Kanna said, they will assign a account manager who will start communicating with me on a daily basis and give 5 Trades per day and make sure we make good profit. A person by the Name Aadesh Raj started to call me Aadesh Raj Account Manager ( IND DV ) aadesh.raj@traderspips.com During the initial 1 week he gave me profitable trade and asked me to invest more so that he can give more trade and grow my account in a faster phase so I started to invest as follows: USD 100 on 25th October 2022 (Initial Deposit) USD 101 on 28th October 2022 USD 201 on 1st November 2022 USD 601 on 7th November 2022 USD 2,008 on 22nd December 2022 and USD 508 on 27th December 2022 In totally I have made a deposit of USD 3,519. I have proof for all the deposit I made. They also gave me withdrawal as follows: USD 200 on 16th November 2022 USD  50 on 29th December 2022 and USD 1,500 on 6th January 2023. They have been asking to refer my friends. I also gave one reference in the initial days itself, he has also deposited around USD 3,000. They are not calling him also. From middle of January there was no call from Aadesh, I also have sent several mail to his mail id but there is no reply from him. It would be very helpful, if you could support me in collecting back the amount from them. Please. I am attaching few proofs for your reference.

Exposure

2023-02-28

Isports Trader Forex Broker has an overall rating of 1.42, Regulatory Index 0.00, License Index 0.00, Business Index 6.27, Software Index 4.00 Risk Control Index 0.00.
Isports Trader