||No effective regulation at this time
|Year(s) of establishment
||Currency pairs, indices, commodities, metals, energy, cryptocurrencies, stocks
|Minimum Initial Deposit
||Information not available
||1.1 pips onwards
||MT4, MT5, own platform
|Deposit and withdrawal method
||credit/debit cards, bank transfers and other methods
|Fraud Complaints Exposure
||No for now
General information and regulations of Valuta Markets
Located in Marshall Islands, Valuta Markets is an online Forex broker. As for regulation, which is almost the most important factor for traders when choosing a Forex broker, Valuta Markets has no reliable or valid regulation at the moment. Therefore, we advise you not to trade right off the bat with such low information brokers, and always consult WikiFX to get at least a rudimentary idea about a broker.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.
At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.
Currency pairs, indices, commodities, metals, energy, cryptocurrencies, stocks.....Valuta Markets allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on Valuta Markets.
Spreads and commissions for trading with Valuta Markets
We can only get a rudimentary idea of the additional costs based on the account information. Valuta Markets does not charge trading commissions, and the spread ranges from 1.1 or 1.5 pips depending on different accounts.
Account Types for Valuta Markets
Demo account: it does NOT yet offer a demo account for you to test a little on the financial market without the risk of losing money.
Live account: there are 2 types of live accounts: the classic account and the VIP account. The minimum deposit to open an account is respectively $100 and $3,000. If you are still a beginner and did not want to invest too much money in Forex trading, the classic account will be the most suitable option for you. But we should also be aware that having too little capital not only reduces losses, but also profitability. Therefore, you may find it “unexciting” or unprofitable.
Trading platforms offered by Valuta Markets
Trading platforms are seen as important vectors in the financial market journey. Valuta Markets provides these two platforms: webtrader and MT4, and both have their own advantages. Webtrader is browser-based and easy to use because it does not require downloading software. And MT4, even though it has been a long time since the launch of MT4 and the subsequent upgrade to MT5, is still a major player in the market and is loved by traders all over the world. Access from different devices also makes it easier for users to trade. You could choose the most suitable platform for you.
Leverage offered by Valuta Markets
You can't find information about trading leverage on Valuta Markets's website. Some forex brokers offer leverage of up to 1:500, but newbies are advised to be cautious about such high leverage.
Deposit and withdrawal methods and fees
Valuta Markets accepts credit/debit cards, bank transfers and other methods available depending on your country of residence. The minimum deposit is $250.
For withdrawals, a fee of €10 will be charged for any withdrawal by wire transfer less than or equal to €250.
The company processes your withdrawal request within one business day.
For educational resources, Valuta Markets provides real-time quotes as well as the latest market news to its clients. These are not exclusive resources but it is better than providing nothing at all.
Customer support of Valuta Markets
Below are the details about the customer service.
Language(s): English, Chinese, Portuguese, Spanish, Arabic, German, Italian, Russian, French, Dutch
Service Hours: 24/7
Phone Number: +56 9 6708 8580
Address: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands, 96960
Social media: Facebook, Instagram, telegram, YouTube, twitter
Users exposures on WikiFX
We have not received any reports of fraudulent activity at this time. However, this does not necessarily mean that this broker is safe and you should remain vigilant to prevent being scammed.
Advantages and disadvantages of Valuta Markets
Many instruments available
No effective regulation
Few information available
No copy trading
No demo account
Frequent asked questions about Valuta Markets
Is this broker well regulated？
No, it is currently not effectively regulated and you are advised to be aware of its potential risks.