Valutrades Information

Regulated by the FCA in the UK and the FSA in Seychelles, Valutrades is a worldwide broker with access to forex, commodities, indices, and shares trading that supports MetaTrader 4 and 5 with leverage up to 1:500. The broker provides zero-commission trading with raw spreads starting from 0.0 pips and no minimum deposit requirement.

Pros and Cons

Is Valutrades Legit?

Valutrades is a legitimate broker regulated by FCA in the UK and the FSA in Seychelles.

What Can I Trade on Valutrades?

Valutrades offers a many financial instruments, including forex, commodities, indices, and shares.

Account Types

Valutrades offers two account types: Standard and ECN. No minimum deposit is required.

Leverage

Valutrades provides leverage up to 1:500.

Fees Structure

Valutrades offers competitive trading fees, with raw spreads starting from 0.0 pips and no commissions on Standard accounts. Spreads are from 0 pip(ECN) and 0.2 pips(Standards).

Trading Platform

Valutrades supports MT4, MT5 and unique Valutrades App suitable for different types of traders.

Deposit and Withdrawal

Valutrades does not charge deposit or withdrawal fees. The broker requires no minimum deposit, allowing flexible funding options.However, it doesn't mention the specific funding methods. Meanwhile, it doesn't accept third-part deposits.

Yuanta Futures Information

Yuanta Futures (Hong Kong) is a wholly-owned subsidiary of Yuanta Futures Co., Ltd. (stock code: 6023), a leading enterprise in Taiwan's futures industry. It is a legitimate and compliant futures brokerage platform. The platform offers a rich and diverse range of products, covering indices, commodities, currencies, and various global futures contracts, meeting the diverse trading needs of different investors. The trading channels are convenient, supporting trading through applications such as the “YUANTA EPOLESTAR” on the PC side and the “Yuanta Hong Kong GO” on the mobile side.

Pros and Cons

Is Yuanta Futures Legit?

Yuanta Futures is a legitimate futures brokerage firm. It is regulated by the Taipei Exchange with the regulatory number being Unreleased, which proves that its businesses, including dealing in futures contracts and leveraged foreign exchange trading, are protected by the regulatory authority.

What Can I Trade in Yuanta Futures?

Yuanta Futures offers various trading instruments, including indices, commodities, currencies, and global futures.

Indices: We provide numerous index-related futures contracts, such as those related to the MSCI indices.

Commodities: We offer futures contracts for commodities like crude oil, gold, and agricultural products.

Currencies: Currency futures including USD-CNY (Hong Kong) Futures.

Global Futures: It encompasses a wide range of products, such as US Treasury bond futures, European stock index futures, as well as Singaporean currency and equity futures.

Yuanta Futures Fees

Yuanta Futures charges commissions for the trading of different futures contracts. For example, in Hong Kong futures trading, the commission for Hong Kong index futures and options is HK$50, while the commission for the mini-contracts of some US futures is as low as US$15.

In addition, other fees also need to be paid. For instance, the information service fee (for example, the real-time quotation fee for HKEX futures is HK$75 per month), the bank transfer fee (HK$75), and the service fees for account audit confirmation, and so on (HK$300). Moreover, a currency exchange fee is also payable, and a service charge of 10 percent needs to be added to the exchange rate provided by the bank or the agent.

Trading Platform

Yuanta Futures provides a computer trading platform named “YUANTA EPOLESTAR”, and also supports mobile trading, such as applications like “Yuanta Hong Kong GO”, which are suitable for Android and iOS devices.

Deposit and Withdrawal

Customers can deposit funds through bank transfers, including local and overseas remittances. For local deposits, customers can choose methods such as ATM, cheque machine, telephone banking, counter service, or online banking. For overseas remittance, customers can make the remittance, and please indicate their account name and account number with Yuanta Futures (Hong Kong) on the remittance slip.

Regarding withdrawals, customers can contact their business representatives or fill out withdrawal instructions and submit the withdrawal requests via fax or email. Local transfers are usually credited to the account on the same day, while overseas remittances take 1 to 2 working days.