Reviewing Valutrades: Regulations, Trading Platforms, Broker Features, and the Pros and Cons

Welcome to the world of Valutrades, a forex broker based in the UK, delivering a versatile multi-asset trading experience through the MT4 and MT5 platforms. We invite you to dive into this comprehensive review, exploring everything from spreads and leverage to minimum deposits. Discover whether Valutrades is the right choice for your trading journey.

Overview

Valutrades Limited, a financial powerhouse, emerged in 2012, establishing its presence not only in London but also in Seychelles. What sets Valutrades apart is its dual regulation, boasting approval from the Financial Conduct Authority (FCA) in the UK and the Financial Services Authority (FSA) in Seychelles. This regulatory excellence guarantees a secure and trustworthy trading environment.

Valutrades caters to a vast international audience, serving traders from over 70 countries worldwide. The heart of this operation beats in London, where the core team, led by CEO Graeme Watkins and Advisor Gavin Foster, relentlessly pursues excellence in service.

Trading Platforms

Valutrades offers an impressive array of trading platforms, ensuring an optimal trading experience for both novices and seasoned traders.

1. MetaTrader 4 (MT4): The award-winning MT4 platform is your gateway to precise market analysis and advanced algorithmic trading strategies. It boasts a rich feature set, including 30 built-in technical indicators, multiple time-frames, real-time pricing, and much more.
2. MetaTrader 5 (MT5): As the successor to MT4, MT5 enhances your trading experience with over 100 charts, 38 technical indicators, an economic calendar, and a seamless market forecasting capability.
3. MetaTrader WebTrader: Offering the flexibility of web-based trading, this platform grants you access to an abundance of analytical tools and features, all within your browser.
4. FIX API: For traders well-versed in API, FIX 4.4 API provides direct market access, allowing you to trade forex, CFDs, and commodities with precision.

Diverse Markets

Valutrades opens the doors to a broad range of markets:

• Forex: Over 80 majors, minors, and exotics await your exploration.
• Commodities: Trade precious metals and oils, including gold and crude oil.
• Index CFDs: Dive into global indices, such as the FTSE 100 and S&P 500.

Competitive Spreads & Commissions

At Valutrades, competitive spreads are the name of the game, starting as low as 0.2 pips for major pairs like EUR/USD. Expect typical spreads of 0.018 for crude oil and approximately 0.7 for the FTSE 100. Moreover, a transparent commission of $3 per side applies to standard ECN accounts. For a comprehensive look at other charges, such as swaps and margin rates, consult the 'Trading Products' page on the broker's website.

Leverage Options

Valutrades offers variable leverage, aligning with European regulations. Clients trading with Valutrades UK can access a maximum leverage of 1:30, while Valutrades Seychelles offers an impressive 1:500 leverage, providing an accommodating environment for diverse trading strategies.

Mobile Trading

Experience uninterrupted market analysis on the go with the MT4 and MT5 mobile apps. They offer an extensive array of tools, including one-click trading, technical analysis features, and live mobile chat, available on both iOS and Android devices. Keep control of your accounts, no matter where you are.

Payments Option

Deposit

Valutrades streamlines your trading journey by offering a variety of fast and fee-free payment methods. Whether you prefer bank wire transfer, credit/debit cards, or e-wallets like Skrill and Neteller, the choice is yours. The absence of a minimum deposit requirement makes Valutrades an accessible option for traders of all levels. Bank wire transfers typically take 3-5 business days, while card payments are credited the same day.

Withdrawals

Withdraw your funds seamlessly through the same methods, with a minimum withdrawal of just 50 units in your chosen currency. Valutrades values its clients and offers three free withdrawals per month. Beyond this limit, a 5% processing fee applies, though clients can defer the fourth withdrawal to the following month to bypass this fee.

Demo Accounts for Practice

Valutrades understands the importance of practice. Their MetaTrader demo accounts, accessible on desktop, mobile, and web, offer an extensive array of analytical tools, EAs, and economic calendars. Customize your virtual funds and hone your skills, with the only limitation being that the account will expire if left unused for a month.

Regulation

Valutrades is all about transparency and security. Valutrades Limited in the UK is not only licensed but rigorously regulated by the FCA (registration number 586541). Meanwhile, Valutrades (Seychelles) Limited is authorized and regulated by the Financial Services Authority of Seychelles, boasting a Securities Dealer License (SD028). Rest assured, your funds are held in segregated accounts with reputable banking institutions, and negative balance protection is guaranteed. In the UK, you are further covered by the Financial Services Compensation Scheme (FSCS), safeguarding your investment up to £85,000 per person.

Additional Resources

For traders of all levels, Valutrades offers a treasure trove of resources. The educational center is packed with training materials on economic indicators, forex trading strategies, webinars, and insightful blogs. You'll also find handy tools like an economic calendar and custom indicators for MT4. Plus, if you're trading at least 10 lots per month, Valutrades extends a generous offer of two high-performance VPS (Virtual Private Server) options.

Account Options

Valutrades provides a standard ECN account for active traders. It's tailor-made for those who appreciate scalping opportunities, EAs, and news trading. The absence of a minimum deposit requirement provides flexibility, and professional traders can access higher leverage upon consultation with the support team.

Trading Hours

Forex markets are at your disposal from 01:00 to 23:59 UK time. Precious metals follow a similar timeframe, while UK and US oil markets offer slightly different operating hours. Diverse indices have varying trading hours; refer to the 'Trading Products' page on the website for precise details.

Customer Support

Valutrades understands the importance of customer support. Reach out via email, telephone, online contact form, or the convenient live chat feature, all of which ensure rapid and helpful responses. Valutrades Limited's headquarters are situated at 51 Eastcheap, London, EC3M 1JP, United Kingdom, further underlining their commitment to client satisfaction.

Security & Safety

Valutrades takes the security of your data seriously. Encryption safeguards your information on the trading platforms and within the client portal. With industry-standard Secure Sockets Layer (SSL) encryption and the option for Two-Factor Authentication (2FA), your peace of mind is ensured. Moreover, Valutrades complies with PCI standards for payment card data security.

Pros and Cons

Pros:

• Competitive pricing from zero pips and rapid execution
• No minimum deposit, ideal for budget-conscious traders
• Extensive selection of forex pairs, offering over 80 assets
• VPS services for active, high-volume traders
• Integration of MetaTrader 4 and MetaTrader 5
• Multiple fast and fee-free funding methods
• FCA-regulated, establishing trust and reliability

Cons:

• Limited variety of non-forex assets, particularly in commodities
• Solely one account type, limiting flexibility
• Market research and analyst insights fall short
• Website and interface may feel outdated
• Absence of direct stock trading opportunities

Valutrades offers a secure and competitive trading environment, particularly for forex enthusiasts. The absence of a minimum deposit requirement, extensive leverage options, and a diverse array of trading platforms make it accessible to traders of all levels. Whether you're just beginning your trading journey or are a seasoned pro, Valutrades has something to offer.

Valutrades Broker Details

Disclaimer: - We at forexoverflow do not endorse neither refer anyone to trading broker websites. The information is for educational purpose and source of information is from the broker website.