CryptoAltum Review

Minimum Deposit: $1 VISIT BROKER
Trading cryptocurrencies or any other financial instrument involves a significant level of risk and may result in a total loss of your investment.

CryptoAltum Review

Summary

CryptoAltum has some of the lowest spreads available for leveraged crypto trading. The broker is primarily focused on cryptocurrency CFDs, with over 60+ popular cryptos to choose from including Bitcoin, Ethereum, Litecoin and Ripple. They also offer a selection of other CFD instruments such as forex currency pairs, indices and commodities. It is quick and easy to open an account as they have an instant account opening process without prolonged KYC. Demo accounts are available free of charge if you wish to practice trading online. You can securely fund your CryptoAltum account from your crypto wallet whilst they provide 24/7 withdrawals.

8Expert Score
CryptoAltum Rating

CryptoAltum are one of the most prominent brokers when it comes to unrestricted cryptocurrency trading with tight spreads and zero commission fees.

Investment Products
8
Commissions and Fees
9
Platforms and Tools
8
Research and Education
8
Deposit and Withdrawal
7

CryptoAltum Review

Pros and Cons

CryptoAltum have a powerful yet easy to use trading platform in MetaTrader 5. You can trade a range of CFD instruments with competitive trading conditions and no restrictions on your trading strategy as they allow scalping, hedging and news trading. Clients can benefit from tight spreads, reliable non-dealing desk execution and no commission fees. There are a range of trading tools including a VPS and a selection of trading guides.

Positives
  • 24/7 crypto trading
  • Powerful MT5 platforms
  • Deposits and withdrawals in various cryptos
  • Some of the tightest crypto spreads
  • Zero commission fee
  • $1 minimum deposit
  • Islamic account option
  • Free demo account
  • Free VPS for qualifying traders
  • No inactivity fees
Negatives
  • Not regulated
  • Crypto funding only
  • No individual stocks

CryptoAltum Review

Investment Products

CrCryptoAltum provides crypto and forex trading all from one platform. Clients can trade CFDs on cryptos, forex, gold, oil and indices in one single account. A CFD is a derivative instrument, whereby trading is based purely on price speculation of the underlying instrument, with no physical exchange of an asset taking place. CryptoAltum are one of the few brokers we have come across that support cryptocurrency trading 24 hours a day, 7 days a week.

The brokers range of more than 60 cryptocurrencies include:

  • Bitcoin
  • Ethereum
  • Litecoin
  • Ripple
  • XEM
  • Zcash
  • Bitcoin Cash
  • Dash
  • Monero
  • Cardano
  • EOS
  • Lumen

CryptoAltum Instruments Summary

InstrumentsCryptoAltum
Forex
Stocksx
Indices
Commodities
Cryptos
Optionsx
Bondsx
ETFsx
CFDs
CryptoAltum Instruments

CryptoAltum Review

Commission and Fees

Commission and Spread Fees

The CryptoAltum average BTC/USD spread is just $3, which is very competitive when compared to some of the brokers direct competitors. Forex spreads are also low starting from 1.4 pips whilst gold spreads start at just 0.3 pips and indices 2.8 points respectively. These spreads are low considering that CryptoAltum do not charge a commission fee. Instead, it is already factored into the spreads.

The broker operates an STP (Straight Through Processing) model. This means that all trades are automatically executed with zero dealing desk intervention. They receive liquidity from over 10 top global exchanges, and through an aggregation engine, they offer clients the best available price at any given moment. All trades are executed with market execution. This means your trades are automatically filled at the best available price in the market with no requotes. 

FeeStandard Account
Commission (per standard lot per side)$0
Spreads fromBTC from $1.75 / Forex from 1.4 pips / Gold from 0.3 pips / Indices from 2.8 points
CryptoAltum Fees

Deposit and Withdrawal Fees

CryptoAltum do not charge any deposit or withdrawal fees, but you may incur a blockchain fee as with any crypto transaction. Please take into consideration the miner fees which are applicable to any crypto transaction. These fees appear on the blockchain and are not fees from CryptoAltum.

Inactivity Fees

CryptoAltum do not have any inactivity fees. Therefore, you should not get any unexpected charges should you not access or use your trading account for a sustained period of time.

CryptoAltum Review

Platforms and Tools

MetaTrader 5

CryptoAltum uses the sophisticated and powerful MetaTrader 5 (MT5) trading platform. Crypto trading requires the most precise and advanced technology available in the market today. The MT5 platform is considered by some traders to be one of the best investing platforms in the world. It is available free of charge for web, desktop and as a mobile app for those who need to trade whilst on the go.

Some of the key MT5 platform features include the following:

  • Optimized for Bitcoin and cryptocurrency trading
  • One Click Trading
  • 60+ Crypto Pairs Supported
  • Level II Market Depth Pricing
  • Advanced Pending Order Settings
  • Price Alert Notifications
  • Superior Trading Tools and Indicators
  • Built-in Economic Calendar
  • Multiple Chart Types and Timeframes
  • Automated Trading with Expert Advisors (EA’s)
  • Advanced EA coding using MQL5
  • Hedging and Scalping Allowed
  • Desktop Platform, Web Trader and Mobile App
CryptoAltum MT5 Platform
CryptoAltum MT5 Platform

Virtual Private Server

Hosting your trading platform on a Virtual Private Server (VPS) allows you to run your automated strategies 24 hours a day, 7 days a week with the fastest possible connection to the CryptoAltum trading servers.

CryptoAltum offers a free Virtual Private Server (VPS) with an equivalent minimum deposit of $1,000 USD, and a minimum monthly trading volume of 50 lots BTC or 10 lots FX. Keep in mind that if you do not meet the minimum requirements then the VPS can be cut off without prior notice.

  • Stay connected even when your Desktop/Mobile/Tablet is offline
  • Uninterrupted automated EA trading
  • Reduced latency to less than 5ms
  • Access your VPS from any device

Trading Tools

You will find a useful range of trading tools on the CryptoAltum website which can assist with preparing positions. There are real time leverage and margin calculators, a crypto convertor and an economic calendar to stay ahead with the latest market news. You can use the Economic Calendar to monitor and prepare for market moving events, such as economic indicators and monetary policy announcements.

CryptoAltum Trading Calculator
CryptoAltum Trading Calculator

CryptoAltum Platforms Summary

PlatformCryptoAltum
MetaTrader 4 (MT4)x
MetaTrader 5 (MT5)
cTraderx
Proprietaryx
Desktop
Web
Mobile
Social Tradingx
Other (VPS, Trading Calculators, Crypto Convertor, Economic Calendar)
CryptoAltum Platforms

CryptoAltum Review

Research and Education

Education Center

CryptoAltum have an education center with some free trading guides that can help beginners improve their trading knowledge and skills. There is also a handy trading glossary which has easy to understand explanations for some of the most common trading terminologies. It would be great if they extended on educational resources with some tutorial videos. They host webinars every Thursday for new clients. They also offer a Udemy course for free on a monthly basis to all clients.

CryptoAltum Information Hub
CryptoAltum Information Hub

Market Analysis

The CryptoAltum analysis team provide frequently updated technical analysis articles which can be a great way to keep up to date with some of the latest market moves and help to inspire trade ideas.

CryptoAltum Market Analysis
CryptoAltum Market Analysis

CryptoAltum Research and Education Summary

ResourcesCryptoAltum
Market Analysis
Guides
Videosx
Webinars
Autochartistx
Trading Centralx
Economic Calendar
Otherx
CryptoAltum Resources

CryptoAltum Review

Deposit and Withdrawal

CryptoAltum clients can make safe, secure and fast deposits and withdrawals using cryptocurrencies. They have one of the largest selections of cryptos for account funding that we have seen. You can fund your account instantly from your crypto e-Wallet, and enjoy unrestricted, anonymous blockchain withdrawals. Supported cryptos include BTC, USDT, ETH, LTC, BCH, XRP, ADA.

CryptoAltum Funding Summary

Payment MethodDepositWithdrawal
Wire Transferxx
Credit/debit Cardxx
Electronic Walletsxx
Cryptos
CryptoAltum Funding Options

CryptoAltum Review

Regulation and Safety

CryptoAltum is currently not regulated. Whilst this may deter some potential clients, others will understand that this means they are able to provide certain trading conditions that a regulated broker may not be able to due to strict rules.

CryptoAltum Regulation Summary

RegulatorCryptoAltum
ASIC (Australia)x
IIROC (Canada)x
CySEC (Cyprus)x
SFC (Hong Kong)x
JFSA (Japan)x
MAS (Singapore)x
FINMA (Switzerland)x
FCA (UK)x
CFTC (USA)x
Otherx
CryptoAltum Regulators

CryptoAltum Safety

CryptoAltum does not require KYC or employ any onchain surveillance technologies, assuring traders of privacy and anonymity. They state that they use cold storage of client funds, meaning that your funds are held on external storage devices and cannot be stolen by hackers. Strict internal procedures requiring multiple signatories and time delayed access to the cold storage can help to guarantee the security of all funds held by the broker.

  • Multi-signatories required for access to all company e-Wallets
  • Offline Storage in four different locations
  • Advanced antivirus, anti-malware and anti-keylogging software
  • Private Keys securely backed up
  • Daily back up of all company e-Wallets

CryptoAltum Review

Client Support

You can reach out to the CryptoAltum support team using the live chat feature on the brokers website and by sending them an email (support@cryptoaltum.com). Support is available 24 hours a day, 7 days a week via chat, Whatsapp, Telegram, Messenger and email.

CryptoAltum Review

Conclusion

CryptoAltum is a trading broker that can deliver a great crypto trading experience. Along with high leverage and tight spreads, CryptoAltum offers a powerful trading experience with industry-leading trading platforms.

Everything that you find on InvestingBrokers.com is based on information and data that is readily available from each broker that we have reviewed. We combine our 15+ years of industry experience with research, analysis and user feedback. This enables us to give an impartial and reliable broker rating. You can read more about our broker review process here.

CryptoAltum Review

FAQs

When was CryptoAltum founded?

CryptoAltum was founded in 2020.

Where is CryptoAltum located?

CryptoAltum is based in the Marshall Islands.

Is CryptoAltum regulated?

CryptoAltum is not regulated at the time of writing this review.

What trading instruments does CryptoAltum offer?

CryptoAltum offer CFDs on forex, cryptos, indices and some commodities.

What is CryptoAltum’s minimum deposit?

The minimum CryptoAltum deposit is $1.

What investing platforms does CryptoAltum offer?

CryptoAltum provide the MT5 platforms free of charge.

What is CryptoAltum’s commission fee?

CryptoAltum do not charge any commission on trades.

Does CryptoAltum charge an inactivity fee?

No, there are no inactivity fees.

What are CryptoAltum’s spreads?

CryptoAltum have variable spreads that depend on the instrument being traded and current market conditions.

What funding options does CryptoAltum offer?

CryptoAltum only accepts deposits in cryptocurrencies.

Does CryptoAltum offer demo trading?

Yes, you can open a free demo account to trial the brokers service before committing to a real live account.

Does CryptoAltum offer Islamic accounts?

Yes, CryptoAltum offer swap free accounts to those of the Muslim faith. Please note that the swap free conditions apply only to FX pairs. Cryptocurrency pairs have the same financing fees as regular accounts.

How do I contact CryptoAltum customer support?

You can contact CryptoAltum support through online chat, email and social media.
CryptoAltum Review
CryptoAltum Review
Minimum Deposit: $1
Richard Montana

Richard Montana

Richard has spent many years researching, testing, comparing and reviewing brokers. He has an extensive knowledge when it comes to understanding what to look for in a broker for trading and investing online.

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