Warning: Is AltReserve a Scam?

Is AltReserve (altreserve.net) a Scam?

AltReserve (altreserve.net) has been identified as a potential illicit broker.

We found that it is located at Hardstrasse 201, 8005 Zürich, Switzerland, the phone number is '+44 191-300-5878, and the support email is support@altreservegroup.net.

AltReserve claims to be a investment firm, but it appears currently unlicensed by any major financial regulator, like the ASIC or CySEC.

Victim of AltReserve?

Are you unable to withdraw your funds from AltReserve? Submit the form below to talk to our investigative team for a free assessment.

Safety Analysis: AltReserve

The biggest red flag is that AltReserve (altreserve.net) is unauthorized to operate.

Investing with unlicensed entities is extremely risky. Trusted firms are must be registered with agencies like the FINRA or FCA to ensure consumer safety.

AltReserve lacks this supervision. As a result, there is no protection if they withhold your funds. Most online scams involve unlicensed actors, and recovering money from them is challenging without professional assistance.

For instance, in Europe, unauthorized firms are outside the jurisdiction of the Financial Ombudsman. In America, they are not part of regulatory bodies, so your capital is completely exposed.

Warning Signs of AltReserve

Online trading fraud is getting smarter. Criminals use manipulation to steal your savings. Here are common tactics used by sites similar to AltReserve (altreserve.net).

Pig Butchering & Romance Scams

"Pig Butchering" is a brutal tactic where scammers groom victims over weeks. They build a romance online. Once trust is built, they introduce a "lucrative" investment. It is a lie to lure you onto a scam site like AltReserve.

Rigged Platforms

Fraudsters create websites that mimic real trading apps. They have charts and profits that go up. But it is a fake. The scammer manipulates the numbers to convince you so you invest more. When you try to withdraw, the "profits" disappear.

Red Flags

• Unsolicited Contact: They call you from "brokers" you don't know.
• No License: The company lacks legal registration.
• High Returns: They promise 1% daily returns with no risk.
• Cannot Withdraw: They refuse withdrawals. They ask for "tax fees" before releasing funds.
• Pressure Tactics: "Account managers" push you to deposit more.

Do not trust fake reviews. Scammers frequently write their own positive comments to look legitimate.

Conclusion

Our verdict is to block AltReserve. It is likely a scam. Save your funds and find a regulated broker. Avoid altreserve.net at all costs.