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Name: Altreserve
Website: altreserve.net
Altreserve purports to offer trading in CFDs, cryptocurrencies, commodities, and stocks with a “revolutionary” web and mobile-friendly platform. The broker promises fast execution, advanced analytical tools, and a global market presence. It claims to support over 200 assets and positions itself as ambitious and premium.
But a deeper look uncovers a pattern of deception and risk. The site provides virtually no verifiable evidence of its regulatory status—no valid license number, no credible registration in the jurisdictions it claims. Much of the “legal address” and “company information” seems designed to impress rather than substantiate. For example, although the company lists a Zurich, Switzerland address, there is no corresponding entity in Swiss registries with that name.
Many user reports indicate that the firm requires very large minimum deposits (around $5,000), levies high commissions (up to 5%), and spreads that make profitability difficult. Withdrawals are often delayed, blocked, or subject to strange conditions. Customer support is reportedly responsive up to the deposit stage, but becomes unresponsive or dismissive when withdrawal requests arise.
Domain history confirms it is a recent operation. The domain was registered in April 2024, contradicting any earlier founding claims. Multiple reviews and watchdog sites classify Altreserve as unregulated and warn that its offerings are misleading.
Bottom line: Altreserve displays nearly all the warning signs of a scam broker: false or unverifiable regulatory information, high deposit and fee requirements, opaque withdrawal rules, and lack of authentic proof of operations. Avoiding this platform is strongly advised. If you have already deposited funds, document everything and seek recourse through your local regulator.
barlengroup.com is rated 1 out of 5 stars on Broker Review, based on major reviews.
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