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Altery vs Sokin: what each publishes

As of October 17, 2026, Altery takes these industries by its own published rules: AI and SaaS; Forex and CFD, with conditions; Marketplace, with conditions. We hold no such rule from Sokin.

Not a ranking: the two names are in alphabetical order. The free check applies every provider’s rules to your own answers.

Where it takes companies from

Sokin

Its own list of countries, quoted below with its source and date

Policy by industry

Altery and Sokin: published policy by industry
IndustryAlterySokin
AI and SaaSYesNo published rule
Forex and CFDWith conditionsNo published rule
MarketplaceWith conditionsNo published rule
CryptoDepends on the activityNo published rule
iGamingDepends on the activityDepends on the activity
Unlicensed financial servicesNoNo
AdultNo published ruleNo published rule

Where owners must live

Altery

No published rule

Sokin

No published rule

Rules about countries

Sokin

If your company is legally registered in one of the below countries, you are eligible to apply for a Sokin account.

Sokin · Takes companies registered in · · Source
All countries named (206)

Åland Islands, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua & Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Botswana, Brazil, British Virgin Islands, Brunei, Bulgaria, Burkina Faso, Burundi, Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Chad, Chile, China, Colombia, Comoros, Congo-Brazzaville, Cook Islands, Costa Rica, Croatia, Curaçao, Cyprus, Czechia, Denmark, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Equatorial Guinea, Estonia, Eswatini, Ethiopia, Falkland Islands, Faroe Islands, Fiji, Finland, France, French Guiana, French Polynesia, Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guernsey, Guinea, Guyana, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Ireland, Isle of Man, Israel, Italy, Jamaica, Japan, Jersey, Jordan, Kazakhstan, Kenya, Kiribati, Kuwait, Kyrgyzstan, Laos, Latvia, Lesotho, Liberia, Liechtenstein, Lithuania, Luxembourg, Macao, Madagascar, Malawi, Malaysia, Maldives, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montenegro, Montserrat, Morocco, Mozambique, Namibia, Nauru, Nepal, Netherlands, New Caledonia, New Zealand, Niger, Nigeria, Niue, North Macedonia, Northern Mariana Islands, Norway, Oman, Pakistan, Palau, Palestinian Territories, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Poland, Portugal, Puerto Rico, Qatar, Réunion, Romania, Rwanda, Samoa, San Marino, São Tomé & Príncipe, Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, South Africa, South Korea, Spain, St Barthélemy, St Helena, St Kitts & Nevis, St Lucia, St Martin, St Pierre & Miquelon, St Vincent & the Grenadines, Suriname, Svalbard & Jan Mayen, Sweden, Switzerland, Taiwan, Tajikistan, Tanzania, Thailand, Timor-Leste, Togo, Tonga, Trinidad & Tobago, Tunisia, Türkiye, Turkmenistan, Turks & Caicos Islands, Tuvalu, U.S. Virgin Islands, Uganda, United Arab Emirates, United Kingdom, United States, Uruguay, Uzbekistan, Vanuatu, Vatican City, Vietnam, Wallis & Futuna, Zambia

Fees

Altery

Altery: published fees
PlanAccount openingMonthlyChecked
StarterNot stated£50 · Source
ProNot stated£100 · Source
UltraNot stated£300 · Source

Sokin

Sokin: published fees
PlanAccount openingMonthlyChecked
Business accountFree (no set-up fee)No monthly account fee; GBP 1.00 per UK domestic payment; EUR 1.00 per SEPA Instant payment · Source

Closing an account

Altery

13.4 We may terminate the provision of any or all of the Services at any time and close your Altery Account, for any reason, by giving you at least ninety (90) days prior written notice.

Notice before closing · · Source

Account closed or frozen? What Altery’s terms say

Sokin

12.1. We may terminate your Sokin Account or any Payment Services associated with it by giving you one (1) months’ notice at any time for any reason.

Notice before closing · · Source

Account closed or frozen? What Sokin’s terms say

Licence

LicenseeAlterySokin
LicenseeAltery Ltd · EMI authorised by the FCA (FRN 901037)Plata Capital UK Limited (trading as Sokin) · electronic money institution authorised by the FCA (FRN 1029250) · UK accounts provided by Modulr FS Limited · electronic money institution authorised by the FCA (FRN 900573) · Plata Capital Europe AS · electronic money institution authorised by Finanstilsynet, Norway
RegulatorFCA · FCA ·