Altius Trades Group (altiustradesgroup.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.altiustradesgroup.com.
The hidden fees at Altius Trades Group (altiustradesgroup.com) are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Low minimum deposit|Full transparency|Good mobile app|Demo account available
Cons: No fractional shares|Inactivity fee applies after 12 months
My withdrawal from Altius Trades Group (altiustradesgroup.com) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for over a year of being strung along.
Pros: Helpful community forum|Educational resources|Intuitive for beginners
Cons: Live chat only during business hours|No dark mode on mobile
The so-called education at Altius Trades Group (altiustradesgroup.com) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for the past year and a half thinking they would help me learn.
Pros: Segregated accounts|Risk management tools|Tax reports included
Cons: No live chat on mobile|Alert system is basic
My card was charged twice by Altius Trades Group (altiustradesgroup.com) on the same day. I had to dispute it with my bank. Altius Trades Group (altiustradesgroup.com) 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: Quick verification|Wide product range|Real-time alerts|Smooth onboarding
Cons: Wait times can be long during peak hours|Limited social trading features
I wanted to transfer my portfolio from another broker to Altius Trades Group (altiustradesgroup.com). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Full transparency|Fast support response|Competitive fees|Economic calendar
Cons: Some tools only available on higher tiers