Is Altima Trade a Legitimate or a Scam Broker?
Altima Trade makes many promises that may seem impressive, but on closer inspection, it has all of the hallmarks of a scam. The suspected scam has been flagged by Spanish authorities–the CNMV and the FCA of the UK. The FCA has noted that it is most likely a clone scam–which means it is trying to imitate a legitimate, licensed broker to try to convince customers to open an account.
We Have Found Problems with Altima Trade
We have found multiple problems, in addition to these warnings, just looking closely at this site. It has no license and is registered only in St. Vincent and the Grenadines–a favorite location for scam brokers that want to avoid oversight. Its parent company is called Shenanigans Consulting Ltd–it’s hardly even trying to disguise the fact it’s a scam. In addition, it doesn’t allow withdrawals unless the customer has made a certain number of trades. Also, it uses software that allows the fake broker to view the screens of its customers–most likely they want to rob these people of data and their money.
These Classic Red Flags Indicate Altima Trade May Be a Broker Scam
- No license
- No transparency
- Misleading claims
- Flagged by FCA and CNMV
- Negative reviews
What You Should Do If You Have an Account with Altima Trade
If you currently hold an account with Altima Trade, close it and demand an immediate withdrawal of all of your funds. If you do not receive a withdrawal from this broker contact CryptoCoinTrace experts. We consult with clients, advise them on claims and have the tools and methods to track down your funds. The sooner talk to us, the greater the chances of a successful claim!