ANSWER Dear Investor,
Altragate claims to be regulated by multiple financial authorities; however, our investigation reveals a significantly different reality.
Firstly, Altragate states that it operates under AltraGate Online Ltd and is regulated by South Africa’s Financial Sector Conduct Authority (FSCA) with license number FSP No. 46614. Upon verification, however, this license number is registered to FOREXTIME LTD, not AltraGate Online Ltd.
Secondly, the company claims that its UK entity, AltraGateFinite UK Limited, is authorized and regulated by the UK Financial Conduct Authority (FCA). Yet, when checking the provided reference number, the entity listed is Exinity UK Ltd—again, not matching Altragate’s stated details.
Lastly, Altragate Limited claims to hold a license from the Mauritius Financial Services Commission (FSC). Our search using the company name yields no such registration, indicating that the company does not appear in the official regulatory database.
In essence, Altragate is not authorized by any of the regulatory bodies it claims to be associated with, and there is strong evidence suggesting it may be misappropriating the regulatory credentials of legitimate firms. This constitutes a severe red flag for fraudulent activity.
Therefore, we strongly advise against engaging in any transactions with this entity.
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