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Altreserve

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Operating status: SCAM

Website: https://www.altreserve.net/

Broker violations and abnormal records
  • 2024-11-06 The Swiss FINMA issues a warning against Altreserve

    On November 7, 2024, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Altreserve, stating that this broker is not entered in its commercial register. https://www.finma.ch/en/finma-public/warnungen/warning-list/altreserve/

    On November 7, 2024, the Swiss Financial Market Supervisory Authority (FINMA) issued a warning against Altreserve, stating that this broker is not entered in its commercial register. https://www.finma.ch/en/finma-public/warnungen/warning-list/altreserve/
  • 2024-11-11 BrokersView has reviewed that Altreserve is an unregulated broker

    The domain name of Altreserve was registered recently in April 2024, making its website relatively new. While Altreserve lists phone numbers for different countries on their contact page, it doesn't provide any valid licensing information to substantiate its legitimacy within these jurisdictions. Additionally, the Swiss Financial Market Supervisory Authority (FINMA) has issued a warning against Altreserve, stating that this broker is not entered in its commercial register.

    In essence, Altreserve is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.

    Altreserve appears to be a scam.

    The domain name of Altreserve was registered recently in April 2024, making its website relatively new. While Altreserve lists phone numbers for different countries on their contact page, it doesn't provide any valid licensing information to substantiate its legitimacy within these jurisdictions. Additionally, the Swiss Financial Market Supervisory Authority (FINMA) has issued a warning against Altreserve, stating that this broker is not entered in its commercial register.In essence, Altreserve is not regulated by any governing body. Entrusting it with investors' funds is highly risky, as there are no legal protections in place to safeguard the funds.Altreserve appears to be a scam.

Related Complaints

Q&A

Hello, can tell me if Altreserve Legit

Eze Prepodobna
Mexico
2024-12-20
ANSWER Dear Investor, Thank you for trusting our platform. We believe Altreserve is a scam and not legitimate. Altreserve is almost anonymous: it was created recently and doesn't disclose enough company information to ensure transparency. Although the firm claims to be based in Switzerland, the Swiss Financial Market Supervisory Authority (FINMA) has flagged it for being absent from the commercial register. This means Altreserve is operating without permission. Given its unlicensed status, Altreserve presents substantial risks. For a safer trading environment, we recommend conducting thorough research and choosing fully regulated brokers instead.
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Altreserve a new scam?

Marzena
Malaysia
2024-11-12
ANSWER Dear Investor,We've investigated Altreserve and are concerned it may be a scam.Altreserve appears to have emerged recently, with its domain name registered in April 2024. The site lacks useful company information or valid licensing details to substantiate the broker's legitimacy, making its offerings risky and untrustworthy. The Swiss Financial Market Supervisory Authority (FINMA) has issued a warning against Altreserve, indicating that the firm is not commercially registered within its jurisdiction.Therefore, we strongly suggest you avoid using Altreserve to protect your funds and personal information. For a safer trading environment and peace of mind, we recommend choosing fully regulated brokers instead.
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