Verdict up front: Altura Algo (alturalgo.ai) has been flagged by Spain’s securities regulator CNMV as a clone firm impersonating a genuinely licensed company, and it falsely claims FCA regulation. Do not deposit.
Verified evidence (checked 25 August 2026)
- Regulator warning: Spain’s CNMV named alturalgo.ai on 20 July 2026 as an unauthorised entity cloning Indication Investments Ltd.
- False licence claim: the site claims to be “regulada y supervisada por la FCA” via Indication Investments Ltd — but that firm is CySEC-licensed, not FCA-regulated, so the claim is false.
- Site status: live and actively soliciting deposits across tiered accounts. Sources: CNMV investor alert (cnmv.es); FCA & CySEC registers.
| Related Investigation How clone firms borrow a real licence to look legit. |
Investors, Take Note A CNMV clone alert means it is impersonating someone else. |
Read This Before You Invest Confirm any licence number directly on the regulator’s site. |
What is Altura Algo?
Altura Algo advertises “algorithmic” trading and leans on a borrowed regulatory identity to appear trustworthy. In reality the CNMV has publicly named it as a clone, and its FCA claim does not check out. Clone firms exist to convert that false credibility into deposits.
Protect yourself
Never trust a licence claim on a landing page — verify it on the regulator’s own register. Check it yourself: search on Google, ask ChatGPT, and view the site: alturalgo.ai.
Reviewed by David Sanders, Licensed Fraud Investigation Agent, Investor Protection Unit — Pinkerton. Methodology & Editorial Standards apply. Corrections: support@ettran.com.
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**Sources:** CNMV investor alert (cnmv.es), 20 Jul 2026; FCA & CySEC public registers.