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Altex Group

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Operating status: SCAM

Website: https://altex-group.com

Broker violations and abnormal records
  • 2024-09-01 BrokersView has Reviewed that Altex Group is an Unregulated Broker

    Altex Group claims to be owned by Altex ALX Trade, is a reliable broker incorporated in Marshall Islands with registration number 111364, which offers a range of investment products to traders,  including Cryptocurrencies, Stocks, ETFs, Metals, Securities, Currencies and more instruments for trading in global markets.

    Upon investigation, we found that Altex ALX Trade LTD is registered with the INTERNATIONAL REGISTRIES, INC. (IRI) in Marshall Islands, an International Business Companies Registry that doesn't license forex trading brokerage activities.

    The truth is that Altex Group is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws.

    Altex Group is a scam.

    Altex Group claims to be owned by Altex ALX Trade, is a reliable broker incorporated in Marshall Islands with registration number 111364, which offers a range of investment products to traders, including Cryptocurrencies, Stocks, ETFs, Metals, Securities, Currencies and more instruments for trading in global markets.Upon investigation, we found that Altex ALX Trade LTD is registered with the INTERNATIONAL REGISTRIES, INC. (IRI) in Marshall Islands, an International Business Companies Registry that doesn't license forex trading brokerage activities.The truth is that Altex Group is not regulated by any regulators. Letting it hold or control investors'money is unsafe, and the money can not be protected by any laws.Altex Group is a scam.

Related Complaints

Q&A

Scam or not? the brand is Altex Group.

olatunji ibrahim
Kenya
2024-09-03
ANSWER Dear Investor,We are concerned that Altex Group may be a scam.The broker claims to be registered in the Marshall Islands. However, our research indicates that its registration with the Marshall Islands Registry (IRI) has been canceled, making Altex Group an illicit entity.Therefore, we strongly advise against using Altex Group. For a safer trading environment, we recommend choosing fully regulated brokers instead.
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