Key Takeaways

  • Accepts deposits in BTC, ADA, ETH, LTC, XRP, BCH and USDT.
  • BTC/USD with low spreads (from $1.75), and zero trading commissions.
  • Zero fees on deposits and withdrawals.
  • Secure funding, fast and anonymous withdrawals 24/7.
  • Cryptocurrencies trading leverage up to 500:1.

We start our CryptoAltum review by analysing the overall ratings of this crypto-first CFDs broker. CryptoAltum is the intelligent choice for serious crypto traders, combining the competitive pricing of a crypto exchange, with the flexibility of a CFDs broker.

Not only, but CryptoAltum also claims to provide a true Straight Through Processing (STP) crypto trading environment, with fast execution speeds and absolutely no dealing desk intervention, or price manipulation.

CryptoAltum Overall rating

3.3
Ranked 60 out of 409 (Cryptocurrency Exchanges)
Overall rating is derived from an aggregate of ratings in multiple categories.
Rating Weight
Popularity
3.0
3
Regulation
0.0
1
Liquidity
1.0
1
Pricing rating
5.0
1
Features
Not rated
1
Customer Support
Not rated
1

CryptoAltum pricing: the broker scores 5 out of 5 for its competitive pricing. CryptoAltum proposes its MT5 Standard account with a generous low spread starting at $1.75 for the BTC/USD, for example, and with no trading commissions.

CryptoAltum regulation: the broker scores 0 out of 5. CryptoAltum made the corporate decision of offering its trading services from the Marshall Islands. The reason is to circumvent the restrictions around crypto trading, including maintaining the anonymity of its clients by not requiring a strict KYC procedure for account opening.

CryptoAltum popularity: currently scoring 3 out of 5, CryptoAltum is nonetheless a popular crypto broker amongst traders for the variety of instruments available for trading, its excellent pricing and trading costs, merged with super-fast STP execution speeds.

CryptoAltum user rating: currently, CryptoAltum does not have enough user reviews from verified traders for an accurate user rating.

CryptoAltum Regulation / Money Protection

0.0
Company Licenses & Regulations Segregated Client Money Deposit Compensation Scheme Negative Balance Protection Rebates Max. Leverage Retail Clients
Excel Innovations Ltd
Marshall Islands
500 : 1

CryptoAltum regulation: Excel Innovations Ltd, trading as CryptoAltum, is a company registered in the Marshall Islands and also with offices in Cyprus, Europe.

Excel Innovations Ltd is not regulated, as the nation-island does not require brokers based on the archipelago to be registered with any supervising financial authority.

Client Money Protection

CryptoAltum takes the security of client funds seriously, and in fact, this is also one of its strong points. The broker deploys several safety measures, including the cold storage of client funds, held on offline external storage devices distributed in four different locations. This measure alone means that client funds are protected from internet attacks and cannot be accessed and stolen by hackers.

On top of that, CryptoAltum has strict internal procedures requiring multiple signatories and time-delayed access to the cold storage, to help guarantee the security of all funds held by the broker. CryptoAltum other client money protection measures include an advanced antivirus, anti-malware and anti-keylogging software, private keys securely backed up and daily backup of all company e-wallets.

Regulatory Deposit Insurance

Excel Innovations Ltd, trading as CryptoAltum, does not offer deposit insurance, nor is a member of any Investor Compensation Fund. The deposit compensation scheme is not a requirement by the jurisdiction where Excel Innovations Ltd is based. In the unlikely event that Excel Innovations Ltd becomes insolvent, or if the firm stops trading and is unable to pay claims against it, clients might not be entitled to any compensation.

Negative Balance Protection

Excel Innovations Ltd, the contracting entity, offers a default Negative Balance Protection mechanism, in place to protect clients from negative balances. CryptoAltum deploys an automated risk management system ensuring clients' account balances will never go negative.

The NBP mechanism is in place to protect CryptoAltum clients from the risk that trading and leveraging expose them to, particularly in the volatile crypto markets, and to prevent clients from losing more than they deposited.

CryptoAltum Cashback rebates

Cash back rebates are paid per round turn lot unless otherwise specified. 1 Lot = 100,000 base currency units traded.
  MT5
CryptocurrenciesUp to $1.05 Per Lot
OtherNo Rebates Paid
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
Paid Direct to Your Trading Account
Cash back is paid directly to your trading account at the time of the trade.
  MT5
Cryptocurrencies Up to $1.05 Per Lot
Other No Rebates Paid
Payment Options
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
Paid Direct to Your Trading Account
Cash back is paid directly to your trading account at the time of the trade.

Notes

Rebates are not paid on trades:
  • open for less than 5 minutes
  • open using a Bonus Credit

What are CryptoAltum rebates?

CryptoAltum rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips.

Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.

How do CryptoAltum rebates work?

When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.

Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.

How much CryptoAltum rebates can I earn?

Use our forex rebate calculator to estimate your CryptoAltum rebate earnings:

You must enter a valid number

Are CryptoAltum rebates a scam; do my spreads increase?

CryptoAltum rebates paid by legitimate rebate providers are not a scam, however scams do exist. The most common scam is a rebate provider that marks up the spread or commission in order to pay a higher rebate than competitors. Many brokers do allow a referring party, or rebate provider, to markup costs to traders they refer. Obviously this defeats the purpose of the service provided by the rebate provider and thus jeopardizes the viability of the rebate provider’s reputation and business, so a reliable provider wouldn’t consider this. Besides this, certain rebate providers may not pay on time, or not at all. This is why it’s important to choose a reliable provider.

When working with a trustworthy rebate provider, there is no ‘catch’. It is more beneficial to a trader’s financial position to work with a rebate provider than solely with the forex broker.

Are there any other benefits to signing up for CryptoAltum rebates?

It depends on the rebate provider. Due to our unique relationship with many brokers, we have often mediated between brokers and clients in order to help successfully resolve client issues, including clients who are having withdrawal issues. Brokers are often very fast to respond to us, since we typically have many clients with them. Our knowledgeable support team is available 24 hours per day in 8 native languages & 23 total languages for any questions. We also offer trading tools, calculators, reviews and a robust forex education section.

How are forex rebates paid?

Because we deal with so many traders in so many different countries and serve 23 languages we have to cover a wide array of options. Here’s what we offer:

Forex rebate options vary per broker:

Monthly cash back Payments are credited and sent automatically by the 12 of the month following the month rebates are earned in.
Spread or commission reduction The trader actually receives reduced commissions and/or spreads. This is an exciting option offered by some of our top brokers.
Paid direct to brokerage account Cashback is credited directly to the trader’s brokerage account, typically between 1-7 days after the trade is closed. This is another exciting options offered by some of our top brokers.

In the case of the ‘Monthly cash back’ rebate option, monthly payments can be paid via bank wire, Paypal, Skrill, Sticpay, China Unionpay, and Neteller. Some payment methods such as bank wire carries fees and often traders set a custom minimum payment amount in order to accumulate rebates and withdraw their rebates less often than monthly.

CryptoAltum Web traffic

Websites
cryptoaltum.com
Organic monthly visits 18,400 (100%)
Organic traffic rank 252 out of 409 (Cryptocurrency Exchanges)
Paid monthly visits 0 (0%)
Total monthly visits 18,400
Bounce rate 67%
Pages per visit 3.85
Average visit duration 00:02:12

CryptoAltum Profile

Company Name Excel Innovations Ltd
Categories Cryptocurrency Brokers, Cryptocurrency Exchanges, Cryptocurrency Rebates
Primary Category Cryptocurrency Exchanges
Year Founded 2019
Headquarters Cyprus
Office Locations Cyprus, Marshall Islands
Support Languages Chinese, English, Japanese, Portuguese
Funding Methods Bitcoin, Litecoin, Bitcoin Cash, Ethereum, Ripple, Terra, Crypto wallets
Financial Instruments Forex, Indices, Cryptocurrencies, Metals
24 hour support
Segregated Accounts
Islamic Accounts
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo
Trading API
Cent accounts
Negative balance protection
Social trading
Regulatory deposit insurance
Trailing stops
Bonuses
Interest on margin
Fixed spread
Variable spread
Established in 2019, and with head offices in Cyprus, CryptoAltum is the trading brand of Excel Innovations Ltd. This entity has a registered address at Trust Company Complex, Ajeltake Road, Majuro, Ajeltake Island, Republic of the Marshall Island, MH96960.

CryptoAltum provides online trading services for leveraged CFDs, offering clients the potential to generate financial returns on both rising and falling prices. CryptoAltum product offerings, and services, are available to a wide range of customers, including retail investors, professional traders and partners.

Trading with CryptoAltum can be done via 1 trading platform, the next-generation MetaTrader 5, available for desktop terminals (currently, Windows only), as a Web Trader version requiring no downloads and compatible with most internet browsers (Edge, Chrome, Firefox, etc) and complemented with the mobile versions for iOS and Android.

CryptoAltum Asset classes

CryptoAltum proposes an excellent range of trading instruments, available through its MT5 trading platform, providing traders with access to multi-asset trading.

CryptoAltum offers the most complete selection of crypto CFDs, with over 100 crosses, including Alt-coins, and a few extra instruments, including forex and CFDs in indices, and commodities.

Cryptocurrencies: 100+ cryptocurrencies CFDs crosses (also a few Alt-coins combinations) for trading versus the USD, JPY, EUR, BTC, XRP and ETH, including ADA, BNB, BTC, EOS, ETH, LTC and XRP.

FX market: 18 currency pairs, including all major pairs and some minor crosses.

Indices: 3 very liquid indices CFDs; DOW30, JP225 and GTi12 (GT Crypto Index).

Commodities: 2 commodities CFDs available for trading - 1 metal with Gold, and 1 energy with US Oil.

Stocks: Currently, CryptoAltum does not offer stocks CFDs for trading.

CryptoAltum Account types

  MT5
Maximum leverage500:1
Mobile PlatformMT5 Mobile
Trading PlatformMT5
Spread TypeVariable Spread
Minimum Deposit10
Minimum Trade Size0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
  MT5
Maximum leverage 500:1
Typical Spread 1.6
Trading platform MT5
Mobile platform MT5 Mobile
Spread type Variable Spread
Minimum deposit 10
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed

CryptoAltum proposes 1 crypto trading account intended to offer the best trading experience for all kinds of investors. The account is offered with a reliable trading platform, excellent execution speeds and superior liquidity – translating into the best bid/offer for traders.

The broker follows an NDD/STP execution model, with one dynamic account allowing investors to trade all instruments from just one simple account and connecting traders to its multiple liquidity providers venues (over 10 top global crypto exchanges) to match the best possible market prices. Also worth mentioning:

Swap-free accounts for traders of Islamic belief are also available, but please note that the swap-free conditions apply only to FX pairs. Cryptocurrency pairs have the same financing fees as regular accounts.

Social trading, including copy trading, is currently unavailable with CryptoAltum.

PAMM accounts and MAM accounts (Multi-Account Manager) for money managers are unavailable with CryptoAltum.

CryptoAltum’s maximum leverage ratio is 500:1 for clients of Excel Innovations Ltd. Please note that CryptoAltum's available leverage ratios range from 5:1 to 500:1 and the broker deploys 5 levels of dynamic leverage, automatically adjusted in proportion to the account volume in USD.

CryptoAltum Demo account

CryptoAltum demo account gives users the chance to test the broker's pricing and execution on several asset classes, without risking any real money.

The demo account is non-expiring

Virtual funds: unlimited

Leverage: up to 500:1

Trading instruments: cryptocurrencies, metals, indices, forex

Trading platforms: MT5

Register for free and test your trading strategies, open a CryptoAltum demo trading account with no risk and no obligation now.

CryptoAltum Pricing


Account/Pricing MT5 Standard
BTC/USD Spread from $1.75
BTC/USD Commission (1 lot) $0
EUR/USD Financing rates
(19-11-2021)
  • Long: -0.0147%
  • Short: -0.0123%

Spreads and trading commissions

Offering industry-leading pricing for crypto trading, CryptoAltum's spreads are probably the best offered by an online CFD broker when compared with other top brokers. For our CryptoAltum price comparison table, we use the BTC/USD pair as the benchmark, for its popularity with traders and because it is the most traded crypto pair.

CryptoAltum's MT5 Standard account spread for the most popular cryptocurrency cross, the BTC/USD pair, starts at $1.75, with an average of $3. The MT5 Standard account is commission-free and the ideal solution for investors looking to trade only with the bid/ask prices.

With such low spreads and without trading commissions, CryptoAltum can be very, very competitive for crypto trading. Especially compared to other top CFD brokers, charging on average $30 to $40 spread on the BTC/USD (plus a hefty trading commission).

Financing rates

CryptoAltum financing rates, as of 19-11-2021, and for the BTC/USD, stand at -0.0147% for holding a long (buy) position and at -0.0123% for holding a short (sell) position, with the financing fees being charged every four hours, at 03:00, 07:00, 11:00, 15:00, 19:00 and 23:00 server time.

We consider CryptoAltum’s financing fees to be lower when compared with the rates charged by other top brokers.

CryptoAltum Deposits / Withdrawals

CryptoAltum proposes a great crypto CFDs trading account, the MT5 Standard, in 7 base cryptocurrencies. CryptoAltum accepts account deposits only with wallet-to-wallet transfer, and investors can enjoy unrestricted, anonymous blockchain withdrawals:

Account currencies: BTC, ETH, LTC, XRP, BCH, ADA and USDT, both USDT-Omni and USDT-ERC20.

MT5 Standard account minimum deposit: equivalent to 100 USD.

Funding methods: wallet-to-wallet.

Deposit fees: CryptoAltum does not charge any fees for deposits. Please note that blockchain network fees are not covered.

Deposit processing times: variable, depending on network and confirmations.

Withdrawal fees: CryptoAltum does not charge fees for withdrawals, and withdrawals are enabled 24/7. Most payments are instant - subject to the cryptocurrency's network time.

Withdrawal processing times: variable, 1 to 2 hours, depending on network and confirmations. CryptoAltum supports BTC withdrawals to any Native SegWit (addresses beginning with bc1) or Legacy SegWit (beginning with 1 or 3) address.

Inactivity fee: CryptoAltum does not charge any inactivity or account maintenance fees

CryptoAltum does not require any documents before processing a withdrawal, however in the case of withdrawal(s) with a value over $5,000, a copy of the user's ID might be requested. CryptoAltum can also request a copy of the user's ID in the case of multiple account registrations.

For more information, please visit the CryptoAltum deposit and withdrawals dedicated web page.

CryptoAltum Popularity

CryptoAltum is fast becoming a popular choice with crypto-traders, thanks to its many features:

Client safety mechanisms: cold storage of client funds, held on offline external storage devices distributed in four different locations, multiple signatories and time-delayed access to the cold storage, advanced antivirus, anti-malware and anti-keylogging software, private keys securely backed up and daily backup of all company e-wallets.

Competitive pricing: spreads from $1.75 for the BTC/USD pair, no trading commissions, zero-fee deposits and withdrawals.

Execution model: STP/NDD.

Trading education: trading courses, market analysis, trading videos, trading tools, calculators, and Telegram channel.

Customer support languages: Chinese, English, Japanese, Portuguese.

Overall, the excellent trading platform, the competitive price offered on the MT5 account, the attractive zero-fees on deposits and withdrawals, dynamic leverage up to 500:1, merged with a low initial deposit of 100 USD (the equivalent in the accepted cryptocurrencies), position CryptoAltum on the top 10 brokers for popularity with traders opening a trading account in 2022.

CryptoAltum Promotions


CryptoAltum FAQs

How long does it take to open a live trading account?

Opening a live trading account with CryptoAltum takes only a matter of minutes. Investors simply need to complete the online application form and the trading account will be ready almost instantly.

CryptoAltum only requires investors to provide their name and surname, email, the country of residence and a contact number – for obvious reasons. Since the broker does not require KYC documents, the client profile will be instantly activated.

Although previous trading experience is not a mandatory requirement to open a live account, for novice traders the broker recommends opening a demo account first. This will allow beginners to practise trading in a risk-free environment and familiarise themselves with the crypto markets and with the trading platform.

Investors may have up to ten live trading accounts, with a maximum of five in each of the accepted account-based cryptocurrencies.

Do I need a crypto wallet to fund my account?

Yes, CryptoAltum only accepts account deposits in crypto, from wallet to wallet. Investors who do not own any cryptos, or a crypto wallet, will need to open an account with a crypto exchange and buy one (or more) of the accepted cryptos.

We recommend the Binance exchange; investors can sign up with our referral code and enjoy a lifetime 20% discount on every transaction. Then buy some cryptos with a debit or a credit card and transfer them from the Binance wallet to fund the CryptoAltum wallet.

How do I deposit to my trading account?

CryptoAltum only accepts deposits in cryptocurrencies. Investors will need to sign in to the Client Portal, select the blue “Deposit” option and follow the online instructions. The minimum deposit is $100 equivalent to the chosen base account cryptocurrency. The minimum deposit amounts may vary per cryptocurrency. Please visit CryptoAltum’s funding page for more information.

CryptoAltum does not charge any deposit fees. Investors who buy Bitcoin via Instacoins to fund the trading account will be reimbursed by CryptoAltum any fees incurred in the form of trading credit. Please contact the broker’s support team for further information.

All deposits will be available in the Members Area as soon as CryptoAltum receives two confirmations from the blockchain. The confirmation time varies on the crypto, however, under normal circumstances shouldn’t take any longer than two hours.

Does CryptoAltum offer any bonuses?

Yes, CryptoAltum offers a 100% first deposit bonus, followed by a 50% second deposit bonus, allowing clients to maximize their trading potential. For the 100% first deposit bonus, the maximum bonus amounts are 0.0168 BTC, 0.24ETH, 710 XRP, 1.25 BCH, 4.68 LTC and 800 USDT. Please note, that the broker only allows one bonus credit per household. Visit CryptoAltum’s promotions page for more information on current offerings.

How do I make a withdrawal request?

CryptoAltum users can easily make a withdrawal from the Client Portal. First, transfer the funds from the MT5 Platform to the CryptoAltum wallet, using the Transfer OUT option. After that, users can send a request to withdraw back to their wallets. CryptoAltum will send a confirmation code to the registered email address, for security reasons.

The minimum withdrawal amount varies, depending on the cryptocurrency. CryptoAltum’s accounts team processes withdrawals 24/7, aiming to process all requests within 1 to 2 hours. Please note, that on occasion withdrawals may take up to 24 hours to process if further checks are required – namely proof of ID. As proof of ID, CryptoAltum accepts a valid passport, driving license or national ID card.

To check the withdrawal status and the transaction ID, users need to sign in to the Client Portal and then select “Transaction History” from the relevant CryptoAltum wallet. Then, select the “Details” options of the transaction, and users will be able to see the full details of the transaction.

CryptoAltum also supports BTC withdrawals to any Native SegWit (addresses beginning with bc1) or Legacy SegWit (beginning with 1 or 3) address. Some currencies, like Ripple (XRP), use destination tags in their wallet addresses. It is very important to include the destination tag when making a transaction to ensure it can be identified and not lost on the blockchain.

What are CryptoAltum’s trading hours?

Unlike other crypto CFD brokers, cryptocurrencies trading with CryptoAltum are available 24 hours a day, 7 days a week. Forex, gold and indices are available Monday to Friday. CryptoAltum operates a Straight Through Processing (STP) model. This means that all trades are automatically executed with zero dealing desk intervention.

The broker receives its liquidity from over 10 top global exchanges, and through its aggregation engine, offers clients the best available price at any given moment. All trades are executed with market execution. This means trades are automatically filled at the best available price in the market with no requotes.

CryptoAltum Real customer rating

5.0

CryptoAltum reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more.

Please make sure your comments are relevant and that they do not promote anything. Irrelevant comments, including inappropriate or promotional links, and comments containing abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind, will be deleted.


Currently, we do not have enough data from CryptoAltum’s verified traders, with a real trading account, to analyse and publish the client’s feedback. We will update the CryptoAltum user rating section soon.

Review sources

With an industry presence spanning more than 10 years, we are a leading IB broker of forex and CFDs trading accounts to virtually all of the world's top brokers. One of our primary missions is also to help the trading community make informed decisions, by publishing accurate and unbiased content, supported mainly by primary sources.

These sources may include government data, the information supplied by the broker and data available on the broker's corporate website(s), the analysis and reviews of our in-house industry experts, and the feedback provided by the broker’s verified traders with a live account. The information on this CryptoAltum review page was also sourced from:

CryptoAltum website, CryptoAltum T&Cs, legal, terms and conditions page.

CryptoAltum website, CryptoAltum Privacy, legal, privacy policy page.

CryptoAltum website, MT5 account specs, MT5 Standard trading account specifications page.

CryptoAltum website, Trading Instruments, cryptocurrencies contracts specifications page.

CryptoAltum website, FAQs on CryptoAltum products & services, frequently asked questions page.

FXverify website, CryptoAltum user reviews by verified traders with a live account, reviews page.


Risk Disclosure: Trading cryptocurrencies or any other financial instrument involves a significant level of risk and may result in a total loss of your investment. You should consider carefully whether investing in Bitcoin or any other instrument offered by CryptoAltum is appropriate to your financial situation.