Is this truly an innovative trading platform or merely a well-disguised scam? In this Altreserve review, we will attempt to uncover what lies behind the Swiss broker, whether it holds any licenses, and whether such a platform is worth considering as your trading partner.
Key Features
- Company Name: Altreserve
- Website: https://www.altreserve.net/
- Available Contacts: +44 191-300-5878, [email protected]
- Foundation: 2024
- Services: CFD Trading
- License: No
- Initial Deposit: $5,000
From Sign-Up to Payout
Let’s start with the official website, altreserve.net. It’s incredibly difficult to understand what this firm actually offers since it lists numerous services beyond standard CFD trading. These include staking, mining, savings accounts, autotrading, airdrops, options, ICOs, IPOs, and more. We believe this is merely information rather than actual services the broker provides. So, the question arises — why list all of this? What’s the purpose?
The website design appears to be template-based, lacking even a hint of originality. These “slick” interfaces are churned out in just a few hours and rarely offer anything unique. Pictures of skyscrapers? Sure, they inspire trust, but they’re so overused that they fail to impress anyone anymore.
Altreserve’s site is crammed with empty phrases: “innovation”, “financial freedom”, and “revolutionary platform”. Okay, these sound flashy, but where are the actual numbers? Where’s the explanation of how their “revolutionary” platform works? The text seems more like an attempt to hook clients with generalities, but without any specifics. This is alarming. There’s no substance — 99% of the text is meaningless fluff that could be removed without changing anything.
There’s also a noticeable lack of attention to detail. For instance, in the section about fees, there’s a typo: instead of “advisers”, it says “adviser s” — with a space. It’s a small thing, but such errors instantly kill any sense of professionalism. If the company can’t proofread its website, what can be said about handling more complex matters?
Low information density, generic design, clichéd phrases and images, mistakes, and typos — these are all flaws of Altreserve’s official site. Based on this alone, there’s no impression that this is a serious broker worth considering for collaboration.
Next, let’s try registering an account. It’s simple enough — just provide your name and contact details. Immediately after that, you gain access to a standard personal account with basic features: verification, deposit/withdrawal options, a web trader, and personal information management. Overall, it’s standard and ordinary.
Altreserve doesn’t provide a standalone document dedicated to KYC. Instead, the company merely touches on this topic in the FAQ section, mentioning a list of documents required for verification and why they’re needed. This feels like a half-hearted effort.
The firm claims to accept deposits via bank transfers, cards (Visa, Mastercard), e-wallets (PayPal, Skrill, Neteller), cryptocurrencies, wire transfers, and mobile payments (Apple Pay, Google Pay). However, the website lacks specifics: no processing times, no fees, and no instructions on how to use these methods. Everything is presented in such a vague manner that clients are left to figure things out on their own or contact a manager — clearly not a sign of a transparent company.
Our Trading Experience With Altreserve
The broker’s platform offers nothing interesting or advanced. It’s a basic WebTrader lacking many professional tools. Moreover, it’s only available in a web format — there are no mobile or desktop versions.
AltReserve describes its terminal as a “revolutionary tool” that allegedly combines convenience, accuracy, and advanced technology. The broker claims the platform supports over 200 trading assets, including CFDs on stocks, currencies, cryptocurrencies, and commodities. The terminal promises “lightning-fast trade execution”, an “intuitive interface”, and “access to advanced analytical tools”. It is also said to be available both in a web version and on mobile devices, providing clients with “flexibility” in managing their trades.
However, behind all these words lies an absolute lack of specifics. There’s no information about the terminal’s functionality: whether indicators can be customized, if it supports automated trading, or what charting options and timeframes are available. The terminal section doesn’t include a single actual screenshot of the interface, which is concerning. Most importantly, it’s not stated whether AltReserve uses proven solutions like MT4 or MT5 or offers a proprietary platform. This seems like an attempt to obscure the real quality of the product, presenting only empty promises. No links to mobile apps were found either.
The Reality Check
It’s time to uncover the real signs of a scam in this AltReserve review, and it’s not difficult. The company provides almost no concrete information about its licenses on the website. There’s no mention of a license number or the regulator that supposedly issued it. This raises major questions. If a broker operates legally, they would loudly and clearly declare this upfront. Here, everything is vague, as if the company is deliberately avoiding the topic of regulation.
The legal address is listed as: Zurich, Switzerland. It sounds impressive, but this is a classic ploy to create an illusion of credibility. We checked the Swiss business registry for such an organization, and the result was negative. This means the address is fake.
Now it’s clear why AltReserve ignores licensing — they simply don’t have one. To verify, we checked FINMA, the Swiss Financial Market Supervisory Authority, and found no such firm listed. Any broker operating in Switzerland must first obtain approval from FINMA.
As for documentation, the website provides no access to official papers proving the legitimacy of its operations. There are no certificates, registration details, or mentions of the jurisdiction in which the broker operates. Even their policies, if they exist, look like generic templates that can be found anywhere.
How Long Has Altreserve Been in the Game?
There’s no sign of extensive experience here. Claims about expertise, reliability, and global reach are merely attempts to create the illusion of a major broker — nothing more. In reality, the platform was launched less than a year ago, in the spring of 2024. This is confirmed by the domain registration date for altreserve.net.
Extra Fraud Indicators
Nobody knows about this company — there are no AltReserve reviews. This is yet another indicator that you’re dealing with a fraudulent and illegal platform. There are no clients; nobody wants to engage with an obvious scam.
Even the trading conditions are terrible. According to tariff descriptions, clients are charged commissions of up to 5%, with spreads reaching 0.2%. This is an outright robbery. Under such conditions, it’s impossible to make profits in the long term. Even if we set aside the fact that the firm operates illegally, trading here still doesn’t make sense — it’s unprofitable and foolish. On top of that, the minimum investment required to start is $5,000 — a clear sign that the scammers want to extract as much money as possible.
Is Altreserve the Right Fit?
Another empty shell with no guarantees of reliability. We strongly recommend avoiding such platforms, as engaging with them is a 100% guarantee of losing your money. There’s nothing good here: no license, terrible conditions, and numerous signs of an illegal and fraudulent broker.
This is just some anonymous, dubious scam. My relative told me she received a call from AltReserve, where they tried to lure her onto their platform with promises of successful investments and guaranteed profits. I visited their website, found nothing of value, and couldn’t even register an account. The scammers didn’t provide any license, legal documents, or anything else. Fortunately, my relative reached out to me first. Always verify everything beforehand and ensure you’re dealing with a legitimate broker, not a fake. It’s crucial to avoid losing your money.