About ALTURA TRADE
Company Overview
Altura Trade is a retail forex and CFD broker that was registered in the United Kingdom on 11 November 2025, making it a very new entrant to the online trading space. Despite its UK registration, the broker's registered address is listed in Great Neck, New York, USA: 11 GRACE AVENUE, STE 108, GREAT NECK, NY 11021. This dual-jurisdiction setup is notable and may raise questions about the actual operational base. As of the time of this review, Altura Trade holds no known financial regulatory licenses from any major authority, including the FCA in the UK or any US regulator.
Trading Products and Platform
The broker's website presents a range of CFD trading instruments covering forex, indices, commodities, and cryptocurrencies. For indices, specific products include the US 500 (S&P 500), Australia 200, Europe 50, France 40, Germany 30, Hong Kong 50, and Italy 40. Trading conditions for these indices are displayed with leverage up to 1:200, a minimum lot size of 0.01, and zero commission. The platform appears to offer real-time price feeds and charting tools, as evidenced by a live price widget for Bitcoin.
Account and Funding
The website provides limited information on account types and funding methods. A 'Create Account' button suggests a standard sign-up process, but no details on minimum deposit, base currencies, or payment options are publicly listed. Similarly, there is no mention of withdrawal policies or fees. This lack of transparency is a common red flag for newly established brokers with no regulatory oversight.
Regulatory Status and Client Protection
Altura Trade is not regulated by any known financial authority. Our cross-check of UK company records and international registries confirmed no active regulatory licenses. This absence means that clients do not benefit from protections such as negative balance protection, compensation schemes, or independent dispute resolution. The broker's risk score of 57 out of 100 (Elevated) reflects this regulatory gap and the lack of an established track record.
Target Audience
The broker appears to target retail traders looking for leveraged exposure to global markets. The marketing language emphasises ease of access, competitive spreads, and fast execution, appealing to both novice and experienced CFD traders. However, the absence of regulatory oversight and the broker's very short operational history make it a high-risk choice, particularly for traders who prioritise safety and regulatory compliance.
Overview compiled by FXCanary from regulatory records and public data. full ALTURA TRADE review