Score

4.19 /10
Average

Altum

Seychelles

2-5 years

Regulated in Seychelles

Derivatives Trading License (EP)

MT4 Full License

Regional Brokers

Medium Risk

Offshore Regulation

C

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Comparison

Quantity 1

Exposure

Open Account
Website

Score

Regulatory Index4.11

Business Index6.07

Risk Management Index6.16

Software Index7.26

License Index4.02

Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

ALTUM Ltd.

Company Abbreviation

Altum

Platform registered country and region

Seychelles

Company website

Pyramid scheme complaint

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WikiFX Risk Alerts
Previous Detection : 2026-08-08
  • This broker is regulated in an offshore jurisdiction with a light-touch supervisory framework. Please be aware of the risks!

WikiFX Verification

Pyramid scheme complaint
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User Reviews

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User comment

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Comments

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C
0-3months
I would like to report a serious trading execution issue with Altum Brokers. During a major news event, I attempted to close my open position to control my risk. However, I was unable to close the position despite repeatedly trying to execute the closing order. As a result, I could not exit the trade in time while the market was moving rapidly against my position. This caused a significant loss and eventually resulted in my account being liquidated. I have a screen recording showing the problem and my attempts to close the position. I request Altum Brokers to investigate this incident and provide an explanation, including the relevant order execution records, server logs, and the reason why my position could not be closed at that time. I believe this issue seriously affected my ability to manage my risk and should be properly investigated. I am submitting this complaint to WikiFX to document the incident and seek assistance in resolving the matter.
I would like to report a serious trading execution issue with Altum Brokers. During a major news event, I attempted to close my open position to control my risk. However, I was unable to close the position despite repeatedly trying to execute the closing order. As a result, I could not exit the trade in time while the market was moving rapidly against my position. This caused a significant loss and eventually resulted in my account being liquidated. I have a screen recording showing the problem and my attempts to close the position. I request Altum Brokers to investigate this incident and provide an explanation, including the relevant order execution records, server logs, and the reason why my position could not be closed at that time. I believe this issue seriously affected my ability to manage my risk and should be properly investigated. I am submitting this complaint to WikiFX to document the incident and seek assistance in resolving the matter.
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2026-08-08 10:47
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