Brokers  /  AltusFX

AltusFX

High riskForex / CFD broker
🇱🇨 Saint Lucia · < 1 year · since 2025-08-15 · Altus Markets Limited
Unregulated
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54
High risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Recently established — about 11 months old
  • Registered in Saint Lucia (offshore, light oversight)
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age9215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration808%
Transparency (site/info/social)2510%
Real-user sentiment208%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameAltus Markets Limited
Headquarters🇱🇨 Saint Lucia
Founded2025-08-15
Years operating< 1 year
Employees0
Official websitealtusfx.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments--
Registered address
Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros-Islet, Saint Lucia

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 5

AccountMax leverageMin. depositMin. spreadCommissionEA
Swap-Free1:200$5000From 1.2Zero
Raw Spread1:200$3000From 0.0$0.7 per lot
ECN1:500$1,000From 1.0No Commission
Pro1:500$500From 1.1Zero
Standard1:500$100 From 1.2Zero

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -3.2)

AltusFX is a newly established broker with no regulatory oversight, posing significant risks to traders. While its account offerings and platform are standard, the absence of a credible regulator and the elevated risk score suggest caution. Traders should consider the potential for issues such as fund security and dispute resolution before engaging with this broker.

Best for
  • Traders comfortable with unregulated brokers
  • Users seeking high leverage up to 1:500
  • Traders wanting a variety of account types
  • Those who prefer MT5 platform
Not for
  • Traders who require regulatory protection
  • Risk-averse investors
  • Those seeking low minimum deposits (below $100)
  • Traders needing a wide range of base currencies
Period:
What users praise
Where reviewers are from
🇦🇪 AE1
🇮🇳 IN1
Positive vs negative · last 2 months Pos Neg
Sep
Nov

Real user reviews

Similar brokers

What AltusFX says about itself as stated by the broker · not independently verified by FXCanary

Trading Platforms

AltusFX states it provides the MetaTrader 5 (MT5) platform, which it describes as one of the world's most powerful and reliable multi-asset trading platforms. The broker claims MT5 offers fast execution, advanced tools, and the ability to trade forex, shares, indices, commodities, metals, and cryptocurrencies all in one place.

Account Types

According to its website, AltusFX offers five account types: Standard, Pro, ECN, Raw Spread, and Swap-Free. The Standard account is described as commission-free with a minimum deposit of $100 and spreads from 1.2 pips, suitable for beginners. The Pro account, with a $500 minimum deposit, promises tighter spreads from 1.1 pips and zero commission.

The ECN account requires $1,000 and offers leverage up to 1:500. The Raw Spread account requires $3,000 and a Swap-Free account requires $5,000, both with maximum leverage of 1:200. All accounts offer instant execution and 24/7 support.

Instruments and Features

AltusFX promotes trading expertise across forex, metals, indices, shares, commodities, and digital assets. The broker highlights lightning-fast execution, flexible leverage, and frictionless payments. It also offers an IB program and a demo account for risk-free practice.

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