Dear Investor,
We do not recommend trading with AltusFX, as it exhibits the characteristics of a fraudulent broker. AltusFX has not provided any information regarding the licenses it holds, nor has it disclosed any regulatory details, merely stating that its company address is in Saint Lucia.
Although we did find the entity Altus Markets Limited in the Saint Lucia International Financial Centre(IFC), this only indicates that it is registered as an International Business Company (IBC) and does not mean it holds any financial license. The Saint Lucia IFC does not regulate forex trading and does not issue licenses to any forex brokers.
Secondly, we discovered that on July 1st, the Hellenic Capital Market Commission (HCMC) issued a warning against this website, stating that it is not an entity authorized under regulations to provide investment services in financial instruments or to hold investor/client funds.
Therefore, we strongly advise you to avoid trading with such a suspicious broker to prevent financial losses.
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