WikiFX, as an independent third-party information service platform, is dedicated to providing users with comprehensive and objective broker regulatory information services. WikiFX does not directly engage in any forex trading activities, nor does it offer any form of trading channel recommendations or investment advice. The ratings and evaluations of brokers by WikiFX are based on publicly available objective information and take into account the regulatory policy differences of various countries and regions. Broker ratings and evaluations are the core products of WikiFX, and we firmly oppose any commercial practices that may compromise their objectivity and fairness. We welcome supervision and suggestions from users worldwide. To report any concerns, please contact us: report@wikifx.com
您当前语言与浏览器默认语言不一致,是否切换?
切换
Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

ALtex ALX Trade

United Kingdom|2-5 years|
High potential risk|

https://altex.uk/

Website

Rating Index

Contact

support@altex.uk
https://altex.uk/
2 The Priory Queensway, Birmingham B4 7LJ

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

Other ways of contact

Broker Information

More

Company Name

Altex ALX Trade LTD

Abbreviation

ALtex ALX Trade

Platform registered country and region

United Kingdom

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-11-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

ALtex ALX Trade · WikiFX Survey

Users who viewed ALtex ALX Trade also viewed..

XM

9.05
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)
Official website

Neex

9.09
Score
15-20 yearsRegulated in AustraliaMarket Making(MM)
Official website

GTCFX

8.11
Score
10-15 yearsRegulated in United KingdomStraight Through Processing(STP)
Official website

Decode Global

8.64
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)
Official website

ALtex ALX Trade · Company Summary

Aspect Information
Company Name Altex ALX Trade LTD
Registered Country United Kingdom
Founded Year 2005
Company Status Dissolved as of 30 April 2013
Regulation None
Account Types Premium, VIP, ECN, Live
Minimum Deposit 50,000 (Premium), 20,000 (VIP), $10,000 (ECN)
Maximum Leverage 1:500 (Premium, VIP), 1:100 (ECN, Live)
Customer Support Email: support@altex.uk
Company Address 2 The Priory Queensway, Birmingham B4 7LJ

Overview of ALtex ALX Trade

Altex ALX Trade LTD, founded in 2005 and registered in the United Kingdom, served the forex trading community until its dissolution in April 2013. Operating without regulatory oversight, the broker provided four account types, namely Premium, VIP, ECN, and Live accounts. These accounts featured leverage up to 1:500 and required minimum deposits between $10,000 and $50,000. Although customer support was accessible via email and the company had an office in Birmingham, the dissolution of the company and the absence of an official website mark the end of its operations.

Overview of ALtex ALX Trade

Pros and Cons

ALtex ALX Trade lacks regulation, and is listed as dissolved since April 30, 2013, which means it is no longer operational. The high minimum deposits required for different account types further limit accessibility for many traders. Moreover, the limited trading account options restrict flexibility for varying trading strategies. Finally, the unavailability of the companys website eliminates a primary source of information and support, compounding the difficulties for potential and existing clients.

Pros Cons
  • None
  • Unregulated
  • Dissolved company status
  • High minimum deposits
  • Limited trading account options
  • Website no longer available

Is ALtex ALX Trade legit or a scam?

ALtex ALX Trade is currently not regulated by any financial authority, and its official website is unavailable. Additionally, the company is listed as dissolved since April 30, 2013, as per Gov.UK records.

Is ALtex ALX Trade legit or a scam?
Is ALtex ALX Trade legit or a scam?

Account Types

Altex ALX Trade provided four types of trading accounts: Premium, VIP, ECN, and Live accounts. The Premium account, requiring a minimum deposit of $50,000, and the VIP account, with a $20,000 minimum deposit, both offered maximum leverage of 1:500, appealing to experienced traders with substantial capital. The ECN account, suitable for those preferring direct market access, required a $10,000 deposit and had a maximum leverage of 1:100. Lastly, the Live account provided a lower leverage of 1:100 without a clear minimum deposit, for traders looking for live market trading with flexible capital requirements.

Account Type Minimum Deposit Maximum Leverage
Premium $50,000 1:500
VIP $20,000 1:500
ECN $10,000 1:100
Live Not specified 1:100

Leverage

Altex ALX Trade provided a maximum leverage of up to 1:500 for Premium and VIP accounts, while the ECN and Live accounts had a maximum leverage of 1:100.

Leverage

Customer Support

Email: support@altex.uk

Company address: 2 The Priory Queensway, Birmingham B4 7LJ

Conclusion

Altex ALX Trade, which operated from 2005 to 2013, lacked regulatory oversight, limiting its credibility. Despite offering leverage up to 1:500 and four account types, the high minimum deposits—ranging from $10,000 to $50,000—restricted accessibility. The company's dissolved status, lack of regulation, and inactive website point to an unreliable broker that does not meet contemporary trading standards.

FAQs

Q: Is Altex ALX Trade regulated?

A: No, the company isn't regulated by any financial authority.

Q: What is the current status of Altex ALX Trade?

A: Altex ALX Trade was dissolved on April 30, 2013.

Q: What were the minimum deposits required for different Altex ALX Trade accounts?

A: The minimum deposits ranged from $10,000 to $50,000.

Q: What trading account options did Altex ALX Trade offer?

A: The broker offered four account types: Premium, VIP, ECN, and Live.

Q: Is Altex ALX Trade's website available?

A: No, its website is currently unavailable.

Q: What was the maximum leverage offered by Altex ALX Trade?

A: Leverage was up to 1:500 for Premium and VIP accounts and 1:100 for ECN and Live accounts.

Risk Warning

Online trading poses substantial risks, with the potential for complete loss of invested capital, rendering it unsuitable for all traders. It is imperative to comprehend the inherent risks and acknowledge that the information provided in this review is subject to change due to continuous updates in the company's services and policies.

Additionally, the review's generation date is a critical consideration, as information may have evolved since then. We strongly advise readers to verify updated details directly with the company before making any decisions, as the readers must be aware of and willing to accept the inherent risks involved in utilizing this information.

Review 1

1 Comments
Write a comment
All(1) Latest Neutral(1)
Write a comment
TOP

Chrome

Chrome extension

Global Forex Broker Regulatory Inquiry

Browse the forex broker websites and identify the legit and fraud brokers accurately

Install Now

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com