The project’s creators call themselves “architects of a new era” and promise potential clients “breaking the chains of economic slavery.” In addition, they claim to be headquartered in Switzerland and serve traders in 60 countries. However, no documents on the website confirm that the legal entity is registered and has a license.

Is this trading platform known worldwide “for its impeccable reputation” and “the best choice in the industry” as its owners claim? Read our Altreserve review and you will find out how reliable this broker is.

How to Trade

The intermediary provides access to 6 asset classes, including Forex/CFD. You can start trading by choosing a tariff from 5 options. The firm guarantees the following options:

  • Below Market Value Contracts (BMV).
  • Savings Plan.
  • Automated trading.
  • Managed account.

Trading conditions provide leverage from 1:2 to 1:50, commissions 2.3-5%, spreads from 0 to 0.2%. Payment is possible via bank accounts, cards, or e-wallets.

The site may be disabled at the discretion of the broker without warning users. Client service can be terminated at any time without any liability on the part of the company.

Free educational content, financial consultants, and feedback form are among the project’s additional services. Analytics on the site are not available.

Altreserve Vital Info

The owners of the platform are in no hurry to call their names and reveal the history of the company. Meanwhile, we found one date – 2020, indicated in the footer of the site. However, how can the intermediary confirm this date of its work? Note that the domain is registered only in April 2024. Besides, the company does not provide screenshots of registration certificates and other legal documents.

We checked how the brokerage activities of this organization are regulated. Since there is an office address in Switzerland, we checked the register of legal entities of this country and the list of companies on the official website of the Swiss Financial Commission. Unfortunately, Altreserve is not registered in any jurisdiction and it is absent in the FINMA register. It turns out that this broker works illegally, without a license.

FAQ

What are the key facts about Altreserve?

The information provided by the owners of the website about registration and the presence of an office in Switzerland is not confirmed by documents. This brand is absent in the global database of legal entities. Finally, this organization is not listed on the register of the Swiss regulator FINMA.

What's the risk to my wallet when working with this broker?

As our review has shown, this firm is not registered or regulated anywhere. If you partner with an illegal broker, you are putting your capital at great risk. The probability of losing your funds on this CFD platform is maximum.

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