ALTMAN FINANCE

Note: For some unknown reason, we cannot open ALTMAN FINANCEs official site (https://www.altman-inc.com/) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue.

General Information & Regulation

ALTMAN FINANCE, a trading name of ALTMAN FINANCE INVESTMENT CO., LTD, is allegedly a forex broker registered in the United Kingdom that claims to provide its clients (Chinese market only) with leverage up to 1:1000 on the demo account and spreads as low as 0.3 pips on the industry-standard MetaTrader5 trading platform.

As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage on the live account, minimum deposit, etc.

As for regulation, it has been verified that ALTMAN FINANCE does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and it receives a relatively low score of 1.28/10. Please be aware of the risk.

Negative Reviews

Some traders shared their terrible trading experience on the ALTMAN FINANCE platform at WikiFX. They said they were unable to withdraw. It is necessary for traders to read reviews left by some users before choosing forex brokers, in case they are defrauded by scams.

Market Instruments

ALTMAN FINANCE advertises that it is a forex broker that mainly offers forex trading. However, more specific information about tradable assets cannot be found on the Internet.

Account Types

ALTMAN FINANCE claims to offer demo and live accounts. However, it says nothing about the minimum initial deposit requirement to open an account.

Leverage

As we were unable to open an account with Altman Finance, but still had access to its platform, we could only access a demo account with a leverage of up to 1:1000. However, that might not be representative of Altman Finances real trading conditions. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads

ALTMAN FINANCE claims that the spread for forex trading is as low as 0.3 pips.

Trading Platform Available

The platform available for trading at ALTMAN FINANCE is the worlds leading MetaTrader5. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Customer Support

ALTMAN FINANCE‘s customer support can be reached by telephone: +44 7419610002, email: cs@altman-inc.com. However, this broker doesn’t disclose other more direct contact information like the company address that most brokers offer.

Risk Warning

Online trading involves a significant level of risk and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.