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Valutrades Broker Review 2024

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Valutrades Broker Review 2024
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Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:Valutrades
Founded:2012
Min Deposit:$1
Max Leverage:500
Headquarter:London
US Accepted:
About
Valutrades is an online Forex and CFD broker founded in 2012. This broker is regulated by FCA in United Kingdom and FSA in Seychelles. Traders can buy and sell various instruments using Standard or ECN accounts in Valutrades broker.
Contact
51 Eastcheap, London EC3M 1JP, UK
Rank and Score
Pros and Cons
Account Types
Platforms
Pros
Access to both MT4 and MT5 platforms
FCA and FSA regulatory oversight
Low commission of $6 per lot
Tight spreads from 0.0 pips on major instruments
Cons
Not available to US customers
Limited asset selection compared to some competitors

Valutrades, established in 2012, is a well-known Forex broker offering various financial services to traders in 182 countries. This broker is based in London, United Kingdom, and is regulated by FCA.

This comprehensive Valutrades review will delve into the intricacies of this broker's offerings, from its regulatory standing to its trading platforms and everything in between.

Valutrades broker review
Valutrades broker complete review of features, pros, and cons

Valutrades Company Information & Regulatory Status

Valutrades is a well-established player in the financial services industry, offering a range of trading options, including foreign exchange (FX/Forex), commodities, and equity index CFDs. The company's commitment to regulatory compliance and transparency is evident in its dual regulation:

  • Financial Conduct Authority (FCA) in the UK: FCA Firm Reference Number 586541
  • Financial Services Authority (FSA) in Seychelles
Valutrades FCA regulation
Valutrades is regulated by the Financial Conduct Authority under 0793991 registration number

This dual regulation ensures that Valutrades adheres to strict financial standards and provides a secure trading environment for its clients.

Valutrades Broker Summary of Specifications

Valutrades stands out in the crowded brokerage landscape by offering a personalized approach to trading services. The broker's commitment to customizing solutions for its clients sets it apart from many of its competitors. Here's a concise overview of Valutrades' key specifications:

Broker

Valutrades

Account Types

Standard, ECN

Regulating Authorities

FCA, FSA

Based Currencies

USD, JPY, EUR, GBP, AUD

Minimum Deposit

$0

Deposit Methods

Visa/MasterCard, Unionpay, Bank wired, Neteller, Skrill, crypto, PIX

Withdrawal Methods

Visa/MasterCard, Unionpay, Bank wired, Neteller, Skrill, crypto, PIX

Minimum Order

0.01 Lot

Maximum Leverage

1:500

Investment Options

MT4 and MT5 EAs

Trading Platforms & Apps

MT4, MT5

Markets

Forex, indices, commodities

Spread

Floating from 0.0 pips

Commission

From $6

Orders Execution

Market

Margin Call/Stop Out

100%/50%

Trading Features

Demo account, economic calendar, free signals

Affiliate Program

Yes

Bonus & Promotions

No

Islamic Account

Yes

PAMM Account

Yes

Customer Support Ways

Email, live chat, phone

Customer Support Hours

24/5

Restricted Countries

Iran, USA, Democratic People’s Republic of Korea, Belgium

Valutrades Broker Accounts Overview

Valutrades caters to a diverse range of traders by offering multiple Standard and ECN account types. Here's a breakdown of the account type features:

Account types

Standard

ECN

Minimum deposit

$0

$0

Minimum trading volume

0.01 Lot

0.01 Lot

Maximum Leverage

1:500

1:500

Spreads

Floating from 0.2  pips

Floating from 0.0 pips

Commission

$

$6

Trading platform

MT4, MT5

MT4, MT5

Traders can choose the account type based on their trading needs

Valuetraders accounts
Valutrades simplifies the trading experience by offering 2 account types

Valutrades also provides a Demo Account for beginner and professional traders. Key points of the demo account:

  • Practice trading with virtual funds
  • Access to all trading tools and resources
  • Perfect for novice traders or those testing new strategies

Valutrades Broker Pros and Cons

When considering Valutrades as your broker, it's essential to weigh the pros and cons. Here's a balanced overview of the advantages and disadvantages:

Advantages

Disadvantages

Tight spreads from 0.0 pips on major instruments

Limited asset selection compared to some competitors

Low commission of $6 per lot

Not available to US customers

Access to both MT4 and MT5 platforms

FCA and FSA regulatory oversight

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Valutrades Registration and Account Verification Guide

Opening a real account with Valutrades is a straightforward process designed to get you trading quickly while ensuring compliance with regulatory requirements. Here's a step-by-step guide:

  1. Visit the Valutrades website and click on "Create Live Account;"
  2. Fill out the registration form with personal details;
  3. Choose your account details (currency, trading platform, account type);
  4. Submit a government-issued ID to verify your identity (passport, driver's license, etc.);
  5. Provide proof of address document (utility bill, bank statement, etc.).
Valuetraders account verification
Upload your documents based on the guide above to verify your Valutrades account

Valutrades Broker Trading Platforms

Valutrades offers a diverse range of trading platforms to suit different trader preferences and needs:

Valutrades App

  • All-in-one solution for forex, commodities, and indices trading
  • Features seamless account management
  • Provides real-time trading signals
  • Available Android devices
Valuestrades Android app
Valutrades provides Forex, commodity, and indices trading on the Valutrades app

MetaTrader 4 (MT4)

  • Globally recognized forex trading platform
  • Offers comprehensive charting and analysis tools
  • Supports automated trading through Expert Advisors (EAs)
  • Available for Windows, Mac, and mobile devices

Links:

MetaTrader 5 (MT5)

  • Multi-asset trading terminal with enhanced features;
  • Advanced charting capabilities and technical indicators;
  • Supports a wider range of markets compared to MT4;
  • Available for Windows, Mac, and mobile devices.

Links:

Valutrades Fees (Spreads and Commissions)

Valutrades offers competitive pricing structures designed to cater to various trading styles and volumes. Here's an overview of their spreads and commissions:

Account types

Spread

Commission

Standard

From 0.2 Pips

No commission

ECN

From 0.0 Pips

From $6

Key points to consider:

  • Overnight financing charges (swaps) apply for positions held beyond the daily cut-off time
  • No inactivity fee
  • 5% processing fee for withdrawal

Valutrades Deposit & Withdrawal Methods

Valutrades offers a diverse range of deposit and withdrawal options to cater to its global clients:

  • Bank Wire Transfer
  • Skrill
  • Neteller
  • Cryptocurrency
  • PIX (for Brazilian clients)
  • UnionPay (for Asian clients)

Key points to remember:

  • No minimum deposit
  • Valutrades aims to process withdrawal requests within 24 to 72 hours
  • 3 free withdrawals per month

Valutrades' diverse payment options reflect its commitment to providing a seamless customer experience across different regions.

Copy Trading & Investment Options Offered by Valutrades Broker

Valutrades offers copy trading capabilities through Expert Advisors (EAs) on both MetaTrader 4 and MetaTrader 5 platforms. This feature allows traders to automatically replicate the trades of successful strategies or traders.

Key aspects of copy trading on Valutrades:

  • Accessible through MT4 and MT5 EAs;
  • Allows diversification across multiple strategies;
  • Suitable for both novice and experienced traders;
  • Provides potential for passive income generation.

However, it's crucial to remember that past performance doesn't guarantee future results, and copy trading still carries risks.

Valutrades Bonuses and Promotion

Currently, Valutrades focuses on its affiliate program as its primary promotional offering. This program provides an opportunity for individuals to earn passive income by referring new clients to Valutrades.

Key features of the Valutrades Affiliate Program:

  • Earn rebates up to 33% per lot traded by referred clients
  • Monthly bonus opportunities based on performance
  • Integrated dashboard for tracking client activities
  • Free marketing materials provided

While traditional trading bonuses are not currently offered, the affiliate program presents a unique opportunity for those looking to monetize their network within the trading community.

Valutraders affiliate program benefits
Valutrades offers a unique affiliate program with a variety of benefits

Valutrades Broker Support Channels

Valutrades provids comprehensive customer support to assist traders at every step of their journey. The broker offers multiple channels for client communication:

  • Live Chat: available on the website
  • WhatsApp: Available through the footer of the website
  • Phone Support: +44 (0) 20 3141 0888
  • Email: support@valutrades.com

Valutrades emphasizes a personal approach to customer service, aiming to provide tailored solutions to meet individual trader needs.

Valutrades Restricted Countries

While Valutrades serves clients in over 180 countries, there are certain jurisdictions where the broker's services are restricted due to regulatory requirements. Here’s a list of countries banned from creating an account in Valuetraders broker:

  • USA
  • Belgium
  • Iran
  • Democratic Republic of Korea
Valutrades’ restricted countries
Due to regulatory requirements Valutrades can’t offer services to traders listed above

It's crucial for potential clients to verify their eligibility to open an account with Valutrades based on their country of residence.

Trust Scores & User Reviews Regarding Valutrades Services

Trust and reputation are crucial factors when choosing a forex broker. Valutrades has established a solid presence in the industry since its inception in 2012. Here's an overview of its trust scores and reviews:

  • Trustpilot overall score: 4.8 out of 5 stars
  • Total number of reviews: Over 480
  • 5-star reviews: 91%
Valutrades trustpilot score
valutrades has gained extremely positive reviews on the Trustpilot website

TF Expert Suggestion

As a famous Forex and CFD trading platform operating since 2012, Valutrades understands traders’ needs and tries to respond in the best possible way. This London-based broker is compliant with FCA and FSA regulation requirements while providing Forex, indices, and commodities trading services.

However, the lack of diversity in instruments and education materials might discourage many traders from joining this platform. Ultimately, traders must choose brokers based on their individual trading needs.

FAQs

Is Valutrades regulated?

Yes, Valutrades is regulated by FCA and FSA financial authorities.

What are Valutrades account types?

Valuetraders offers Standard, ECN, and demo accounts.

What instruments can I trade in Valutrades?

Valuetrade offers Forex, indices, and commodities.

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