Danger
ID BAPPEBTI
2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites 
Valutrades
Kridex
HXFX Global
Global Broker governance & inquiry App
Regulated
Score
0123456789
.
0123456789
0123456789
/10
The WikiFX Score of this broker is reduced because of too many complaints!
Valutrades
United Kingdom|10-15 years| Benchmark AA|Regulated in United Kingdom|Market Making(MM)|MT4/5 full license|Regional Brokers|High potential risk|Offshore Regulatory|
http://www.valutrades.com/
Website
Rating Index
Benchmark
Benchmark
AA
Average transaction speed (ms)
374.6 Good
MT4/5
Full License
Valutrades-Demo
United States2
Influence
A
Influence index NO.1
Brazil 7.16The WikiFX Score of this broker is reduced because of too many complaints!
Benchmark
Speed：AA
Slippage：B
Cost：AAA
Disconnected：AA
Rollover：B
MT4/5 Identification
MT4/5 Identification
Full License
2
Server Name
Valutrades-Demo MT4
Server Location United States
United StatesInfluence
Influence
A
Influence index NO.1
Brazil 7.16Surpassed 34.82% brokers
Biz AreaSearch StatisticsAdvertisingSocial Media Index
Contact
+44 (0) 20 3141 0888
support@valutrades.com
http://www.valutrades.com/
https://www.facebook.com/valutrades
Licenses
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
Open Now
Disclosure
Contact number
English
+44 (0) 20 3141 0888
Broker Information
More
Company Name
Valutrades Limited
Company Abbreviation
Valutrades
Platform registered country and region
United Kingdom
Company website
Twitter
Facebook
Instagram
YouTube
Linkedin
Pyramid scheme complaint
Expose
Check whenever you want
Download App for complete information
WikiFX Risk Alerts
2
Previous Detection :
2023-09-23
- The number of the complaints received by WikiFX have reached 31 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
- The Seychelles FSA regulation with license number: SD028 is an offshore regulation. Please be aware of the risk!
WikiFX Verification
Valutrades · Benchmark
Average transaction speed(ms)
374.6
Good
The highest transaction speed(ms)
131
Good
The highest speed of opening positions(ms)
133
Good
The highest speed of closing position(ms)
131
Good
The lowest speed of opening positions(ms)
1703
Good
The lowest speed of closing position(ms)
1437
Good
Ranking：
49 / 130
Test user
197
Orders
1,580
Ocuppied margin
$252,681 USD
Data Source 
WikiFX Data provide
WikiFX Data provideUpdated: 2023-09-22 01:09:00
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Exposure
46 pieces of exposure in total Pyramid scheme complaint
Expose Severe Slippage
Serious slippage. Do not address it or compensate. Must expose it
Serious slippage. Do not address it or compensate.
2022-09-18 14:53
Severe Slippage
Slippage is serious, gold closing price and stop loss price exceed 450 pips
As shown in the picture, the slippage is 461 pips, which is far beyond the stop loss price. Such a large amount of slippage is unacceptable!
2023-09-21 02:40
Others
Deposit does not arrive on time, resulting liquidation and loss of 1490 dollars
I deposit for margin. Who knows that the provider delay the arrival of my deposit, resulting liquidation and loss of 1490 dollars. I had urged them many times, but not working.
2022-12-15 17:17
Resolved
The gold spread is 8 dollars, the handling is too bad
I email them later to negotiate. Without my knowledge, they restarted the order when the market was the most unfavorable to me, and then liquidated again. If it is really possible to operate like this, wjy T+0 is needed, and the platform will automatically close the position at a loss, and the customer is not allowed to close the position.
2023-01-16 22:57
Severe Slippage
I bought low but ended up being over 20 pips higher than where I bought, resulting in a loss
I bought low but ended up being over 20 pips higher than where I bought, resulting in a loss
2022-07-26 05:27
Severe Slippage
The slippage on December 8 was very serious, and the customer's order was maliciously closed!
On December 8, the opening price was 1.05771, and it slipped to 1.06307 in early trading, slipping 536 micro points, maliciously close my order!
2022-12-08 16:19
Severe Slippage
Tiandizhen, deliberately sweeping positions
The spread was adjusted very high early in the morning, obviously there was no fluctuation, and it kept jumping, sweeping positions. The following is a comparison of Jinshi and Valu's data, the difference is too big, I am furious.
2023-01-16 07:23
Severe Slippage
After compensating for first slippage loss, they did not compensate for the second one
After the transaction slippage at 0:00 on 9.29 resulted in a loss of US$1,100, the other party admitted the problem and cashed out the compensation; on 10.5th, another transaction slippage occurred at 0:00, resulting in a total loss of US$2,542 in 4 orders, and the other party has not agreed to compensation. Please help to mediate the claim ! !
2022-10-08 09:18
Unable to withdraw
Unable to withdraw money
The withdrawal page shows that the minimum is $50 USD, and the email shows that it is $501 USD
2023-06-03 20:48
Unable to withdraw
The withdrawal has not arrived for a month
The withdrawal has not arrived in the account for a month. It has been said that the payer has not given him any news. After a month of urging, it is still the same.
2022-07-20 15:16
Resolved
Unable to withdraw. Scam platform
After using the platform for two years, what should come will still come. It has been a month since the withdrawal and the account has not arrived. The customer service has always said that it is a problem with the payment provider, and the money cannot be returned.
2023-03-13 20:39
Resolved
Transaction price problem
On November 23, 2022, at 9:30 p.m., four orders in my account 30044975 and account 30049896 were executed at prices that were not there, resulting in a liquidation of the account. Order numbers: 13956853, 13957214, 13956854, 13957215. The gold transaction prices are 1756.33 and 1756.02. The current highest price of gold on this platform is 1751.71, and there is no price of 1756 at all. Other platforms show that the highest price of gold at 21:30 is only around 1740, and the price of 1751 has never been reached. Please customer service help me claim!
2022-11-24 00:33
Severe Slippage
Big Slippage
My real experience, slippage 289 points! The slippage is too serious, it is acceptable within 50 points.
2023-06-13 23:57
Resolved
On Dec. 26, this platform cannot trade or update data, resulting in a huge loss
On Dec. 26, this platform cannot trade or update data, resulting in a huge loss. The data is from last Friday. All other platforms are fine. It is not my device problem.
2022-12-26 15:40
Severe Slippage
Malicious operation, serious slippage
In gold trading yesterday, the stop loss was set at 1727. The actual stop loss was 1721. The slippage was 60 pips, which was outrageous. The account is almost lost without any compensation. Isn't he stealing money? This platform, in the past few months, has been worse and worse, and I seriously suspect that it is going to run away.
2022-09-14 10:30
Unable to withdraw
The customer service perfunctory customers, because they could not withdraw money on time, and even said that they did not know the question of whether the withdrawal period could be specified by the customer.
The withdrawal application was filed at 4:00 am on June 22. Strictly speaking, it was still in the market on the 21st. The whole day was not reviewed and processed. It was not reviewed and processed until 3:00 PM on the 23rd. -3 days, on the 29th, the money has not been withdrawn. After the time specified by herself, she said that the payment providers have different speeds. When I asked her when she could give a clear answer, she said she didn't know, the money was probably gone, and it took two As an old customer for more than a year, I know that all platforms have this day. Simply not much money, I hope everyone pays attention.
2022-06-29 14:46
Total Margin Trend
- VPS Region
- User
- Products
- Closing time
Bangkok- 119***
- XAUUSD
- 07-31 08:36:32
- Bangkok
- 772***
- USDJPY
- 07-31 05:48:35
Taipei- 582***
- USDJPY
- 07-31 05:48:34
Stop Out
1.54%
Stop Out Symbol Distribution
6 months
Sources
Data Source 
WikiFX Data provide
WikiFX Data provideUpdated: 2023-09-23
Valutrades · Company Summary
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information
| Valutrades Review Summary in 10 Points | |
| Founded | 2012 |
| Registered Country/Region | United Kingdom |
| Regulation | FCA |
| Market Instruments | Forex, CFDs, commodities |
| Demo Account | Available |
| Leverage | 1:500 |
| EUR/USD Spread | From 0.0 pips |
| Trading Platforms | MT4, MT5 |
| Minimum deposit | $0 |
| Customer Support | Live chat, phone, email |
What is Valutrades？
Valutrades is a global online forex and CFD broker that offers trading services for individuals and institutions. The company was established in 2012 and is headquartered in London, UK. Valutrades is regulated by the Financial Conduct Authority (FCA, License No. 586541) in the UK and the Financial Services Authority (offshore FSA, License No. SD028) in Seychelles. The broker offers multiple trading instruments, including Forex, Commodities, and CFDs with competitive spreads through the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms.
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 make a conclusion so that you can understand the broker's characteristics at a glance.
Pros & Cons
Valutrades is regulated by FCA and offer multiple protection measures. The broker offers competitive spreads on a wide range of tradable instruments on the leading MT4 and MT5 trading platforms, along with excellent customer support.
However, they have limited account options, and some users have reported issues with slippage and withdrawals. Overall, Valutrades is a reputable broker with many positive features, but traders should exercise caution and thoroughly research before investing.
| Pros | Cons |
| • FCA-regulated | • Offshore FSA license |
| • Multiple protection measures for client funds | • Clients from US, Blegium, Iran and the Democratic Peoples Republic of Korea are not accepted |
| • No minimum deposit requirement | • Some reports of slippage and withdrawal issues |
| • Free demo accounts available | • Limited range of trading assets |
| • Both MT4 & MT5 supported | • Limited educational resources |
| • Various payment methods supported | • No cryptocurrency trading |
| • Multilingual customer support available |
Valutrades Alternative Brokers
AxiCorp - a regulated and well-established broker that offers a range of trading instruments and competitive trading conditions.
IronFX - a global broker with a wide range of trading instruments and multiple trading platforms, but some traders have reported issues with withdrawal and customer service.
FP Markets - a reputable broker that offers a variety of trading instruments, low spreads, and reliable trading platforms, making it a good option for both novice and experienced traders.
There are many alternative brokers to Valutrades depending on the specific needs and preferences of the trader. Some popular options include:
Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
Is Valutrades Safe or Scam？
| Protection Measure | Detail |
| • Regulation | • FCA |
| • Guaranteed Negative Balance | • Yes |
| • Banking with Top Tier Institutions | • Barclays and Lloyds Banks |
| • Segregated Funds | • Yes |
| • Investor protection | • £85,000 per person |
| • Fully Encrypted Client Area | • PCI Complaint |
More details can be found in the screenshot below:
Our Conclusion on Valutrades Reliability:
Based on the protection measures offered, Valutrades appears to be a reliable broker. The company is regulated by the FCA, and it offers guaranteed negative balance protection, banking with top tier institutions, segregated funds, and investor protection up to £85,000 per person. The fully encrypted client area also provides an additional layer of security for clients.
However, as with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before investing.
Market Instruments
Valutrades offers investors access to a variety of over 100 tradable symbols across Forex, commodities, and CFDs. The forex instruments include major, minor, and exotic currency pairs. Commodities such as gold, silver, oil, and natural gas are available for trading. Additionally, the broker offers CFDs on popular indices such as UK100, US30, and GER30. With such a wide range of trading instruments, traders can diversify their trading portfolios and take advantage of different market conditions.
Accounts
Live accounts: Valutrades provides traders with the option to choose from two types of live accounts, Standard and ECN, with no minimum deposit requirement.
Demo accounts: The MetaTrader demo accounts offer a variety of analytical indicators, EA, Economic calendars, and more. Users can set their own limit in terms of virtual funds, but note the account will expire if not used within a month.
Leverage
Valutrades offers multiple leverage levels. The maximum leverage is 1:30 for major Forex, 1:20 for minor currencies, indices, and gold, and 1:10 for crude oil under the regulation of FCA, and 1:500 for crude oil, 1:20 for indices, and 1:100 for indices.
Spreads & Commissions
Main spreads on Forex: minimum spreads of 0.0 pips on EUR/USD and 0.2 pips on GBPUSD.
Major spreads for CFD products: 2 pips for DE30, 2 pips for UK100, 0.34 pips for US500, and 1.3 pips for US30.
Main spreads for commodities: from 0.14 pips for Gold USD, 0.32 pips for Gold EUR, 0.013 pips for Silver USD.
However, traders should note that there is a commission of 3 per lot per side for forex trading.
Below is a comparison table about spreads and commissions charged by different brokers:
| Broker | EUR/USD Spread | Commission (per lot per side) |
| Valutrades | From 0.0 pips | $3 |
| AxiCorp | From 0.0 pips | $7 |
| IronFX | From 0.1 pips | $13 |
| FP Markets | From 0.0 pips | $6 |
Please note that these figures are subject to change and may vary depending on the specific account type and trading conditions offered by each broker. It's always important to review and compare the spreads and fees of different brokers before making a decision on which one to use.
Trading Platforms
MT4 is widely recognized as one of the most popular trading platforms in the industry and offers a wide range of features including automated trading, multiple order types, and a comprehensive trading history.
Valutrades offers users a choice of two popular trading platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are available on desktop, mobile and web versions. Both platforms provide advanced charting tools, customizable technical indicators, and a user-friendly interface.
MT5, on the other hand, is an updated version of MT4, providing more advanced features, including additional order types, a wider range of technical indicators, and the ability to trade in various markets from one platform. Both platforms are highly customizable, and traders can also use Expert Advisors (EAs) to automate their trading strategies.
Overall, Valutrades' trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:
| Broker | Trading Platforms |
| Valutrades | MT4, MT5 |
| AxiCorp | MT4, MT5, cTrader, AxiOne |
| IronFX | MT4, MT5, Iron Trader, PMAM |
| FP Markets | MT4, MT5, IRESS, WebTrader |
Deposits & Withdrawals
Valutrades supports credit/debit cards, Skrill, Neteller, bank transfers, etc. There is no minimum deposit for clients to fund via bank transfer or any charges from Valutrades.
Valutrades minimum deposit vs other brokers
| Valutrades | Most other | |
| Minimum Deposit | $0 | $100 |
However, sometimes a client may incur fees from their bank for sending a deposit to Valutrades. Most deposits are instant, while withdrawals can be processed within 24 hours or as soon as Valutrades approves your request. More details can be found on their website.
See the fee comparison table below:
| Broker | Deposit Fee | Withdrawal Fee |
| Valutrades | No fees | No fees |
| AxiCorp | No fees | No fees for bank transfers, $20 for cards |
| IronFX | No fees | $50 for bank transfers, $5 for other methods |
| FP Markets | No fees for most methods, 3.5% for cards | No fees for most methods, $10 for bank transfers |
Note that fees may vary depending on the account type, payment method, and region. Please refer to each broker's website for the most up-to-date and accurate information.
Customer Service
Valutrades welcome any questions or queries regarding their services and accounts. Multilingual support is based in their head office which is in London, United Kingdom. They are available during office hours via live online chat, phone, WhatsApp, email, or send messages online to get in touch. Besides, you can follow them on some social networks including Twitter, Facebook, Instagram, YouTube and LinkedIn. There is also a Help Center on the Valutrades website.
Overall, Valutrades' customer service is considered reliable and responsive, with various options available for traders to seek assistance.
| Pros | Cons |
| • Multilingual support | • No 24/7 customer support |
| • Live chat available | |
| • Social media presence for easy communication | |
| • Help center offered | |
| • Quick response time for inquiries |
Note: These pros and cons are subjective and may vary depending on the individual's experience with Valutrades' customer service.
Education
Valutrades offers an education section on their website with a variety of resources aimed at both novice and experienced traders. They offer regular webinars conducted by market experts, which cover various topics related to trading, including technical analysis, risk management, and trading psychology. Additionally, the blog section provides daily market analysis, economic news, and insights into market movements.
The educational materials are designed to help traders enhance their knowledge and skills, develop trading strategies, and make informed trading decisions. These resources can be accessed by anyone, regardless of their account type, and are completely free of charge.
User Exposure on WikiFX
On our website, you can see that some users have reported severe slippage and unable to withdraw. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
Conclusion
Valutrades is a UK-based brokerage firm that offers multiple protection measures to ensure the safety of its clients' funds. It provides over 100 tradable symbols across forex, commodities, and CFDs with competitive trading conditions on the MT4 and MT5 platforms. Multilingual support is also available via various channels.
However, there are reports of severe slippage and difficulties in withdrawing funds from some users, which indicates that potential traders should exercise caution before investing. Overall, Valutrades' strong regulatory framework, diverse trading instruments, and user-friendly platforms make it a reputable brokerage firm worth considering for those looking for a reliable trading partner.
Frequently Asked Questions (FAQs)
| Q 1: | Is Valutrades regulated？ |
| A 1: | Yes. It is regulated by Financial Conduct Authority (FCA). |
| Q 2: | At Valutrades, are there any regional restrictions for traders？ |
| A 2: | Yes. The information on their site is not intended for residents of the United States, Blegium, Iran and the Democratic Peoples Republic of Korea or by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. |
| Q 3: | Does Valutrades offer demo accounts？ |
| A 3: | Yes. |
| Q 4: | Does Valutrades offer the industry-standard MT4 & MT5？ |
| A 4: | Yes. Both MT4 and MT5 are available. |
| Q 5: | What is the minimum deposit for Valutrades？ |
| A 5: | There is no set minimum deposit amount at Valutrades, but bear in mind the margin requirement of the instruments that you wish to trade. |
| Q 6: | Is Valutrades a good broker for beginners？ |
| A 6: | Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms. Also, it offers demo accounts that allow traders to practice trading without risking any real money. |
User Reviews
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User comment
18
CommentsWrite a review
AAAA201253
more than one year
The spread of the platform is relatively low, the transaction speed is not bad, and the industry has a good reputation. The cooperation has been going on for several years, and the commission has always been normal.
2023-08-22 18:36
FX1246641995
more than one year
The valutrades website did not load after a long time, and its website showed Connection timed out. I'm guessing the company has shut down their website because I've seen so many people accusing it of being a scammer. Terrible scammer!
2023-02-20 15:32
Investor_Susinna_ forex
6-12months
well come to my dm and come trade with a 50%withdrwal bonus
2023-01-28 06:45
冬冬38839
more than one year
Deliberately sweeping and destroying the customer's warehouse. The gold spread once reached 8 US dollars, 8000 points, which is too outrageous. The key follow-up processing is speechless
2023-01-16 22:42
FX3710586052
more than one year
This is my experience. I have learned from my blood that earning money is not easy. Don’t invest your hard-earned money in these illegal platforms abroad. In the end, there is only one result. The most important thing is that no one will give you justice. Yes, because no one cares about it at all, let alone any platform will give us justice, think too much
2023-01-02 16:45FX3710586052
more than one year
These companies are really speechless, they just don’t take responsibility no matter what, they are really speechless
2022-12-23 11:53FX3710586052
more than one year
The deposit was delayed for a long time, and the collection was unsuccessful many times, which eventually led to the insufficient margin of my account and the liquidation. This responsibility is entirely the responsibility of the company.
+2
2022-12-23 03:59FX3710586052
more than one year
A comment posted yesterday was actually deleted by me. . . . . The company delayed the deposit to the account for more than 30 minutes, and it had the cheek to say that it was an internal matter of the payment provider and had nothing to do with them. . . 32 minutes, don't you know how much the foreign exchange market has changed? ? ? ? As for the amount of money I earn or lose in the later account, does it have anything to do with the delay in receiving it for so long before, which led to my liquidation? ? ?
2022-12-23 01:02FX1147794461
more than one year
This company, according to the information displayed by wikifx, is an out-and-out liar, mainly by manipulating the system during transactions and using huge slippage to defraud users of funds...I really hope that the liar will be brought to justice as soon as possible Yifa!
2022-12-14 10:33
高山流水30187
more than one year
I really don't want to remember my miserable experience, but I really hope more people can read my review and stay away from this scammer. In the end, the latter prevailed. Do not trade with Valutrades! Totally a scam company. You can also see on this website that there are still many victims.
2022-11-23 18:45
我本善良942
more than one year
Hi GUYS, PAY ATTENTION! Although this platform boasts that they provide extremely competitive spreads, but high slippage exists! You can’t even imagine that I encountered a 70 pips slippage with this broker. THIS IS TOO SCARING AND OUTRAGEOUS !!! I would never trade with this broker any more. This liar!
2022-11-18 14:49FX1020990252
more than one year
A few days ago, i opened a demo account and found that there are so many trading instruments that i can choose to trade with and the mt4 & mt5 platforms are very easy to use, all is in line with my expectations, so I finally made up my mind to invest in this broker, hope all goes well!
2022-11-16 16:50FX2324707702
more than one year
The supervision is very formal, the service is also very good, and the withdrawal of funds has been very smooth recently.
2022-11-07 12:40
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