About AltusFX
Who is AltusFX?
AltusFX is an online forex and CFD broker that operates under the company Altus Markets Limited, registered in Saint Lucia. The broker officially launched on August 15, 2025, making it a relatively new entrant in the industry. Its registered address is Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia.
Regulation and Risk
AltusFX does not hold any regulatory licences from major financial authorities. The broker's operations are based in Saint Lucia, which is not known for stringent forex regulation. This absence of oversight means traders have no recourse to a regulatory ombudsman in case of disputes. FXCanary's risk score for AltusFX is 54 out of 100, indicating an elevated risk level.
Account Types and Trading Conditions
AltusFX offers five live account tiers: Standard, Pro, ECN, Raw Spread, and Swap-Free. Minimum deposits range from $100 for the Standard account to $5,000 for the Swap-Free account. Maximum leverage varies from 1:200 for Raw Spread and Swap-Free accounts to 1:500 for Standard, Pro, and ECN accounts. Spreads are quoted from as low as 1.1 pips on the Pro account, though actual spreads may vary.
Platforms and Instruments
The broker exclusively uses the MetaTrader 5 platform, which is a multi-asset trading platform popular among retail traders. According to the website, AltusFX offers trading in forex, metals, indices, shares, commodities, and digital assets. The instrument list is not detailed on the site, but the platform supports a range of CFDs.
Funding and Support
AltusFX claims to offer frictionless payments and 24/7 customer support via a contact form. The broker also provides a demo account and an IB program. Specific payment methods are not listed on the website, but typical options for such brokers include bank transfers, credit cards, and e-wallets.
Target Audience
With account types catering to different deposit levels, AltusFX appears to target both beginner and experienced traders. The Standard account is aimed at newcomers, while the ECN and Raw Spread accounts are designed for more active or professional traders. However, the lack of regulation may deter risk-averse individuals.
Overview compiled by FXCanary from regulatory records and public data. full AltusFX review