deposit:
- $100
Trading platform:
- MT5
- WebTrader
Attention!
This brokerage company is on the Blacklist. Working with companies on the Blacklist carries high risks of losing your money. We continuously monitor the Internet in order to identify new scams aimed at defrauding traders, and categorically do not recommend working with companies on the Blacklist.
We advise traders to choose reliable and trustworthy licensed companies from among top brokers of our rating:
Summary of CryptoAltum Trading Company
The STP (straight through processing) brokerage company CryptoAltum has been providing trading services since 2020. The company allows traders to work with four asset classes, namely cryptocurrencies, indices, precious metals, and currency pairs. CryptoAltum is a brand of Amsa LLC, which provides services for trading Forex instruments and cryptocurrencies. The broker is monitored by the Commission of Saint Vincent and the Grenadines, and its registration number is 2710.
👍 Advantages of trading with CryptoAltum:
- MT5 (MetaTrader 5) trading platform;
- Fast withdrawals and deposits;
- Flexible spreads depending on the type of asset;
- Free cryptocurrency exchange;
- Financial transactions can be made 24/7;
- Negative balance protection;
- The maximum withdrawal amount is unlimited.
👎 Disadvantages of CryptoAltum:
- To withdraw profits verification is required;
- The deposit is possible in cryptocurrency only. If there is no crypto wallet, you will have to use third-party stock exchanges or exchange services to deposit funds;
- It is not possible to withdraw profits in fiat currency.
Geographic Distribution of CryptoAltum Traders
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Investment Programs, Available Markets and Products of the Broker
This brokerage company offers trading opportunities to both active traders and passive investors. Also, the broker offers its clients to work through the IB (Introducing Broker) program, which allows them to receive additional passive income from each invited client.
MAM accounts for passive income
CryptoAltum offers MAM accounts to its clients. Trust accounts can be used through MT5. Only experienced traders can become MAM account managers, and any investor can invest in MAM accounts. By registering with the MAM program, managers receive reduced spreads, liquidity from banks, and the opportunity to manage multiple accounts at once through one trading platform.
Features of the MAM program from CryptoAltum:
Comprehensive financial reporting on managed accounts;
Real-time tracking of trading success;
Managers can claim fees only if trades are left open for a period of 1 minute or more.
To learn more about the MAM account program, contact the technical support of the brokerage company.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Partnership program from CryptoAltum:
The Introducing Broker program is available for the broker's clients, and partners of the company get the opportunity to earn up to 30% of trading spreads of each invited client. Referrals are provided with low spreads, access to trade more than 60 cryptocurrency pairs, gold, and Forex, as well as fast STP processing with guaranteed trade execution.
Reward under the IB program is accrued every day, and CryptoAltum provides high liquidity.
Trading Conditions for CryptoAltum Users
CryptoAltum offers over 60 cryptocurrency pairs for trading. The broker provides the opportunity to work through MT5. Trading can be done from standard or corporate accounts. Leverage varies depending on the asset. It is 1:50 for trading cryptocurrencies and it ranges from 1:20 to 1:500 for trading Forex. Islamic accounts are provided for Muslim traders.
$100
Minimum
deposit
1:500
Leverage
24/7
Support
| 💻 Trading platform: | MT5 (desktop) and WebTrader |
|---|---|
| 📊 Accounts: | Demo, Crypto PRO, and Combined PLUS |
| 💰 Account currency: | USDT, Bitcoin (BTC), Cardano (ADA), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH), USDT-Omni, and USDT-ERC20 |
| 💵 Replenishment / Withdrawal: | Cryptocurrencies via exchange services or stock exchanges |
| 🚀 Minimum deposit: |
$100 in cryptocurrency equivalent for Crypto PRO accounts; $500 for Combined PLUS accounts |
| ⚖️ Leverage: | Up to 1:500 |
| 💼 PAMM-accounts: | Yes |
| 📈️ Min Order: | 0.01 |
| 💱 Spread: | from 0.4 pips |
| 🔧 Instruments: | CFDs on currency pairs, indices, metals, and cryptocurrencies |
| 💹 Margin Call / Stop Out: | 100%/50% for Crypto PRO accounts;100%/80% for Combined PLUS accounts |
| 🏛 Liquidity provider: | More than 10 world’s major stock exchanges |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Orders execution: | Market execution and STP |
| ⭐ Trading features: | If there is no activity on the account within 30 days, the account is archived and it is impossible to restore the user account |
| 🎁 Contests and bonuses: | Yes |
CryptoAltum Commissions & Fees
| Account type | Spread (minimum value) | Withdrawal commission |
| Crypto PRO | From $14 | No |
| Combined PLUS | From $14 | No |
Swaps are charged for all overnight positions.
The comparative table below shows the average trading fees of CryptoAltum, RoboForex, and PocketOption.
| Broker | Average commission | Level |
| CryptoAltum | $14 | High |
| RoboForex | $1 | Low |
| Pocket Option | $8.5 | Medium |
Detailed review of CryptoAltum
CryptoAltum focuses on speed, low fees, and instant execution of orders. The company allows its clients to use many trading strategies, including position hedging and scalping, plus expert advisors (EAs). Also, traders can run automated trading. The company does not have a dealing center, and therefore transactions are made automatically. Because the broker offers exclusively market execution of orders, transactions are made at the best available price. This means that there are no requotes.
CryptoAltum by the numbers:
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Broker services are used in more than 120 countries;
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Over 60 cryptocurrency pairs.
CryptoAltum is a brokerage company for active trading and passive investment
The STP broker does not limit the trading methods of traders. Clients can independently choose the type of work that’s best for them. For passive income, there is the IB program and MAM accounts with progressive rewards, the volume of which depends on the number of invited clients. Liquidity providers are top exchange stocks. CryptoAltum provides trading through mobile apps, the MT5 desktop platform, and its web version. Clients can also use automated trading and advisors.
Useful services offered by CryptoAltum:
-
The Virtual Private Server (VPS) hosting provides 24/7 operation of automated trading systems;
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The Leverage Margin Calculator allows you to calculate the exact leverage for a specific asset and trading position;
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The Economic Calendar is designed to monitor market events and prepare for them. Current economic indicators and news related to monetary policy are displayed there;
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The Crypto Converter allows traders access to 5 free conversions per month for all cryptocurrencies;
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The Glossary contains the basic terminology.
Advantages:
Trading CFDs on cryptocurrencies, gold, indices, and currency pairs;
Negative balance protection;
Opportunities for on-site training;
Regular free analytics for clients;
Opportunity to earn passive income;
Funds are kept in cold wallets, which reduces the risk of theft.
Regardless of the size of deposit, instruments such as VPS, leverage calculator, economic calendar, crypto converter, and glossary are available. It is also possible for Muslim traders to create an Islamic account.
Guide on how traders can start earning profits
This brokerage company provides the opportunity to create two accounts. Crypto PRO and Combined PLUS accounts are available for all versions of MT5. The maximum leverage for both accounts is 1:500.
Acount types at CryptoAltum:
A demo version is available for all accounts.
CryptoAltum offers favorable conditions for both active traders and passive investors.
Investment Education Online
The brokerage company provides tutorials for novice traders. Educational materials can be found in the Education Center section, which is in the Blog menu.
The broker does not provide cent accounts. This is compensated by the availability of demo accounts.
Security (Protection for Investors)
CryptoAltum is registered in Saint Vincent and the Grenadines under the number 2710.
👍 Advantages
- Clients’ funds are separated from those of the broker and are kept in 4 different cold wallets
- Negative balance protection
- Secure key backup
👎 Disadvantages
- Verification is required to withdraw amounts from $5,000
- Deposits are limited to cryptocurrencies only
- It is impossible to withdraw funds in fiat money
Withdrawal Options and Fees
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Withdrawal requests are executed as soon as the CryptoAltum system receives two confirmations from the blockchain. Withdrawal of cryptocurrency in the amount of up to $5,000 is carried out without prior verification of a trader. Withdrawals above the specified amount are accepted only after the check for compliance with AML (Anti-Money Laundering) protocols;
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There are no withdrawal fees;
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Withdrawal procedure may take up to 24 hours if additional checks are needed. The average waiting time for funds crediting is up to two hours;
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There are multiple minimum deposit requirements. For BTC, it is 0.0001; for ETH, it is 0.00105; for XRP, it is 0.0001; for BCH, it is 0.0001; for LTC, it is 0.0001; and for USDT, it is 25.
Customer Support Service
Technical support is available 24/7. Traders can contact managers via a live chat on the CryptoAltum website.
👍 Advantages
- Prompt responses from technical support
- It is possible to resolve most questions about using instruments at CryptoAltum
👎 Disadvantages
- Late responses via email
- No offline support
Ways to contact the technical support managers of CryptoAltum:
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live chat;
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email;
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Whatsapp;
-
Telegram.
Both registered and unregistered users can apply to the technical support managers
Contacts
| Foundation date | 2019 |
| Registration address | Amsa LLC, St. Vincent VC0100, Euro House and the Richmond Grenadines Hill Road, Kingstown. |
| Official site | https://cryptoaltum.com/ |
| Contacts |
Email:
support@cryptoaltum.com,
|
Review of the Personal Cabinet of CryptoAltum
To gain access to trading, register a user account on the CryptoAltum website. The procedure is as follows:
On the CryptoAltum website, click the “Start Trading Now” button and select an account type. Next, fill out the registration form, and indicate your contact details such as email address, country, and password.
A link will be sent to your email. Click it to confirm your registration. If there is no corresponding letter, check the Spam folder.
Functions of CryptoAltum’s user account:
Deposits and withdrawals of personal funds;
A tool for tracking the effectiveness of transactions;
Open / closed orders;
Client verification section;
Menu for contacting technical support.
We constantly monitor the Internet for the emergence of new fraudulent schemes to deceive traders. We have been collecting data about scam brokers for more than 10 years and we think we know every dishonest company in the market. Below we have collected for you the information about the scammers from the List of SCAM Brokers.
Articles that may help you
FAQs
Why has CryptoAltum been placed on the Forex Broker Blacklist?
Possible reasons:
• multiple complaints have been filed against CryptoAltum by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of CryptoAltum is down, not updated or operates with clear errors and some features are not available;
• CryptoAltum has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.
What should I do if CryptoAltum got blacklisted and I still have money in my account?
Don’t panic right away. First, try to find out the reason why CryptoAltum got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.
What should I do if I cannot withdraw my money from CryptoAltum?
If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.
Is there any chance to recover my money if CryptoAltum is a scam?
On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.
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