Forex Brokers

Altexcapital (Imposter)

1.4 (14 reviews)
🇳🇿 New Zealand
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1.4
14 reviews
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About Altexcapital (Imposter)

Altexcapital (Imposter) has been flagged by Financial Markets Authority for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

Customer Reviews

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No API for automated trading

S
Sarah R.
1 weeks ago

Altexcapital (Imposter) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.

Pros: Two-factor authentication|Instant funding|Intuitive for beginners

Cons: Help articles are sometimes vague

Total fraud - reported to authorities

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Richard M.
2 months ago

I was contacted by Altexcapital (Imposter) through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.

Pros: Professional looking website

Cons: No regulatory oversight|Money disappeared|Fake testimonials

They target inexperienced users

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John W.
4 months ago

I opened an account with Altexcapital (Imposter) for a couple of months now ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.

Pros: Helpful community forum|High security standards

Cons: Onboarding videos are outdated|Research section could be deeper

Rock bottom service quality

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Frank T.
5 months ago

My card was charged twice by Altexcapital (Imposter) on the same day. I had to dispute it with my bank. Altexcapital (Imposter) then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.

Pros: Economic calendar|Intuitive for beginners

Cons: Limited ETF selection|Minor UI glitches occasionally

Disgraceful treatment of customers

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Oliver E.
5 months ago

The platform at Altexcapital (Imposter) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for nearly two years of dealing with this, I have had enough.

Pros: Quick verification|Tax reports included|Wide product range|Competitive fees

Cons: Could offer more webinars

Unresponsive and unhelpful

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Ian Z.
6 months ago

The onboarding at Altexcapital (Imposter) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.

Pros: Segregated accounts|Instant funding|Clean UI|Demo account available

Cons: Alert system is basic

The reviews are fake the problems are real

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Susan V.
7 months ago

I requested my data from Altexcapital (Imposter) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.

Pros: Regular updates|Regular platform improvements

Cons: Onboarding videos are outdated

Cannot withdraw funds - classic scam

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Megan M.
8 months ago

After doing some research AFTER the fact (I know, I should have done this first), I discovered that Altexcapital (Imposter) is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.

Pros: Initially responsive customer service

Cons: Withdrawal fees demanded|Communication cut off|Not authorized

Checked with regulators - they're not licensed

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John H.
9 months ago

I was about to invest with Altexcapital (Imposter) but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Markets Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.

Cons: Not registered with regulators|Unrealistic promises

Reseller could not help

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Ethan E.
9 months ago

My withdrawal request from Altexcapital (Imposter) has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.

Pros: Fast deposits|Stable platform|Portfolio tracking tools

Cons: Withdrawal takes 1-2 business days|Limited cryptocurrency options