Ce-525 captain reported receiving ATC approach clearance cancellation due to a low altitude alert.

Attributes
ACN	1591600
Time
Date	201811
Local Time Of Day	0601-1200
Place
Locale Reference	ZZZ.TRACON
State Reference	US
Environment
Flight Conditions	Mixed
Light	Daylight
Aircraft 1
Make Model Name	Citationjet (C525/C526) - CJ I / II / III / IV
Operating Under FAR Part	Part 91
Flight Phase	Final Approach
Route In Use	Other ILS
Flight Plan	IFR
Person 1
Function	Single Pilot Captain Pilot Flying
Qualification	Flight Crew Instrument Flight Crew Multiengine Flight Crew Air Transport Pilot (ATP) Flight Crew Flight Instructor
Experience	Flight Crew Last 90 Days 15 Flight Crew Total 3420 Flight Crew Type 300
Events
Anomaly	Deviation - Altitude Crossing Restriction Not Met Deviation - Procedural Clearance Deviation - Procedural Published Material / Policy Inflight Event / Encounter CFTT / CFIT

Narrative:

I was performing three takeoffs and landings in this aircraft type in order to be current to carry passengers for a flight later this day. Because the weather was too low to perform these takeoffs and landings in the pattern under VFR; I conducted them using the ILS approach to runway 25 at ZZZ. On my first attempt; after being cleared for the approach I misread the glideslope information and went low on the approach. Approached called and stated they had a low altitude alert; to climb immediately; and that the approach clearance was cancelled. I began a climb immediately to 3000 feet MSL. I noticed the autopilot had disconnected as well. ATC provided instructions for a turn outbound for another approach. I set up for the approach again and everything went normal with a full stop landing at ZZZ.

Original NASA ASRS Text

Title: CE-525 Captain reported receiving ATC approach clearance cancellation due to a low altitude alert.

Narrative: I was performing three takeoffs and landings in this aircraft type in order to be current to carry passengers for a flight later this day. Because the weather was too low to perform these takeoffs and landings in the pattern under VFR; I conducted them using the ILS approach to runway 25 at ZZZ. On my first attempt; after being cleared for the approach I misread the glideslope information and went low on the approach. Approached called and stated they had a low altitude alert; to climb immediately; and that the approach clearance was cancelled. I began a climb immediately to 3000 feet MSL. I noticed the autopilot had disconnected as well. ATC provided instructions for a turn outbound for another approach. I set up for the approach again and everything went normal with a full stop landing at ZZZ.

Data retrieved from NASA's ASRS site and automatically converted to unabbreviated mixed upper/lowercase text. This report is for informational purposes with no guarantee of accuracy. See NASA's ASRS site for official report.