Altura Forex Broker provides real users with * positive reviews, * neutral reviews and 1 exposure review!
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1,500,000 were transferred from my bank account to a company. They ask me that if I wanted to be a millionaire and I said yes, then an agent explained to me what I had to do including doing the operations. But, it is closed after explaining everything to me. Nothing works. In the end, I was scammed
In this comprehensive review of Altura, we delve into the broker's reputation, user experiences, and overall performance in the Forex market. The findings indicate a predominantly negative sentiment, with users expressing concerns about the broker's regulatory status and customer service. Key issues include a lack of valid regulatory information and numerous complaints suggesting a potential scam.
Note: It's essential to recognize that the information regarding Altura is derived from various sources, indicating substantial discrepancies in user experiences and expert evaluations. This review aims for fairness and accuracy, highlighting both positive and negative aspects.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 2 |
| Tools and Resources | 3 |
| Customer Service and Support | 1 |
| Trading Setup (Experience) | 2 |
| Trustworthiness | 1 |
| User Experience | 2 |
How We Score Brokers: Our scoring is based on a combination of user feedback, expert opinions, and factual data regarding the broker's services.
Altura, operating as Altura Markets S.V., S.A., is a Forex broker that has garnered attention for its questionable practices and lack of regulation. Established in Spain, the broker offers a trading platform that reportedly supports various asset classes, though specifics on the trading platform (like MT4 or MT5) are not clearly stated in the available sources. The absence of a legitimate regulatory body overseeing Altura raises significant concerns about its operations and the safety of client funds.
Altura operates without valid regulatory oversight, which is a major red flag for potential traders. Sources indicate that there is no credible regulatory information available, and users have reported high potential risks associated with trading through this broker. According to WikiFX, the lack of regulation is alarming, and prospective traders should be cautious.
Information regarding deposit and withdrawal currencies is sparse, but it is crucial for traders to verify these details directly with the broker. The absence of transparency regarding these options further complicates the decision-making process for potential clients.
The minimum deposit requirement is not explicitly stated in the available reviews, which could indicate a lack of clarity in the broker's offerings. This lack of information can be discouraging for new traders looking to establish an account.
There is no mention of any promotions or bonuses offered by Altura in the reviewed sources. This absence of incentives may deter potential clients who are seeking attractive trading conditions.
While Altura claims to offer various asset classes, specific details on what these entail are not provided in the available reviews. This vagueness can lead to uncertainty for traders interested in diversifying their portfolios.
The cost structure associated with trading at Altura is unclear. Several sources mention potential hidden fees and high spreads, which could significantly impact trading profitability. Users have raised concerns about unexpected charges, which is a common complaint among traders dealing with unregulated brokers.
Details regarding leverage options are not clearly stated in the reviews, making it difficult for traders to assess their risk exposure. Traders should be cautious and seek clarification directly from Altura before proceeding.
The specific trading platforms available to Altura users are not mentioned in the reviews, which is a critical factor for traders. The lack of information on this aspect can lead to frustration for those who prefer specific platforms like MT4 or MT5.
There is no information on restricted regions, which is vital for traders to know before opening an account. This lack of clarity can lead to issues later on, especially for international traders.
Customer service options are limited, with users reporting inadequate support and communication difficulties. The reviews indicate that customer service is a significant area of concern, with many users feeling neglected and unsupported.
| Category | Rating (out of 10) |
|---|---|
| Account Conditions | 2 |
| Tools and Resources | 3 |
| Customer Service and Support | 1 |
| Trading Setup (Experience) | 2 |
| Trustworthiness | 1 |
| User Experience | 2 |
Users have rated Altura poorly in terms of account conditions, primarily due to the lack of transparency regarding fees and minimum deposits. According to WikiFX, many users have reported feeling misled about the conditions associated with their accounts.
The tools and resources provided by Altura are deemed insufficient. Reviews indicate that the broker does not offer the necessary trading resources that traders need to succeed in the Forex market.
Customer service is a major pain point for Altura users. Many have reported difficulties in reaching support and receiving timely assistance. According to user feedback, the customer service experience is frustrating and unhelpful.
The trading experience with Altura has been rated poorly, with users expressing dissatisfaction with the platform's reliability and execution speed. Complaints about execution delays and technical issues are common.
The trustworthiness of Altura is heavily questioned due to its lack of regulation and numerous user complaints about potential scams. Many sources, including WikiFX, indicate that traders should be extremely cautious when considering this broker.
Overall user experience is reported as negative, with many users feeling that their expectations were not met. The combination of poor customer support, unclear fee structures, and regulatory concerns contributes to a generally unsatisfactory trading environment.
In conclusion, the Altura review indicates a broker that poses significant risks for traders. With a lack of regulation, poor customer service, and numerous complaints about its operations, potential clients should exercise caution and thoroughly research before engaging with Altura.
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