Company Overview
Valutrades is a well-established forex and CFD broker that was founded in 2013 and is based in the United Kingdom. The company is regulated by the Financial Conduct Authority (FCA), one of the most respected regulatory bodies in the financial industry. Valutrades is known for offering a broad range of financial products and services to traders around the world, including forex, commodities, indices, and cryptocurrencies.
The broker's mission is to provide a transparent and secure trading environment, with competitive spreads, advanced trading platforms, and top-notch customer support. Valutrades is particularly popular among retail traders but also serves institutional clients, offering access to a diverse range of financial instruments with flexible trading conditions.
Pros and Cons
Pros
- Multiple protection measures for client funds
- No minimum deposit requirement
- Both MT4 & MT5 supported
- Various payment methods supported
Cons
- Some reports of slippage and withdrawal issues
- Limited range of trading assets
- Limited educational resources
Security
Valutrades takes security seriously, and as a UK-based and FCA-regulated broker, it adheres to strict standards for protecting client funds and ensuring safe trading conditions. Client funds are held in segregated accounts, meaning they are kept separate from the broker’s operating funds, which adds an extra layer of protection in the event of insolvency.
The broker also employs advanced encryption protocols to protect clients’ personal information and transactions, ensuring that all data is securely transmitted over the internet. Valutrades also offers two-factor authentication (2FA) to add an additional level of security to client accounts.
Tradable Instruments
Valutrades offers a variety of tradable instruments across multiple asset classes. These include:
- Forex: Over 50 currency pairs, including major, minor, and exotic pairs.
- Commodities: CFDs on popular commodities like gold, silver, crude oil, and agricultural products.
- Indices: CFDs on major stock indices such as the S&P 500, FTSE 100, and Nasdaq.
- Cryptocurrencies: CFDs on a wide range of popular cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).
- Shares CFDs: Access to trading CFDs on individual stocks from leading companies worldwide.
This variety of trading instruments ensures that traders have plenty of options to diversify their portfolios and take advantage of different market conditions.
Account Types
Standard
| Minimum deposit | 0 |
|---|---|
| Commission | 0.2 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:500 |
| Margin call level | 100 |
| Stop-out level | 50 |
ECN
| Minimum deposit | 0 |
|---|---|
| Commission | 0.0 |
| Available tools | 0 |
| Leverage, min | 1:1 |
| Leverage, max | 1:500 |
| Margin call level | 100 |
| Stop-out level | 50 |
Commissions and Fees
Valutrades offers competitive pricing with low spreads and no hidden fees. The broker operates a commission-free model for the Standard Account, where traders pay only the spread on their trades.
- Spreads: The spreads start at 0.6 pips for major forex pairs such as EUR/USD and GBP/USD.
- Commissions: Professional clients who choose to trade on the ECN account type will incur commission fees based on their trade volume.
- Inactivity Fee: Accounts that remain dormant for a long period (typically 6 months or more) may incur an inactivity fee.
Valutrades also charges fees for certain withdrawal methods, so traders should check the terms and conditions for the specific method they plan to use.
Trading Platforms
| Available tools | Forex, Indices, Metals, Energy, CFDs, cryptocurrencies |
|---|---|
| Cryptocurrencies | BTC, ETH |
| CFD | Forex: 29 Energy: 2 Metals: 2 Indices: 8 |
Valutrades offers the highly regarded MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, both of which are known for their powerful features and ease of use. These platforms are widely popular among both beginner and experienced traders for their advanced charting tools, technical analysis features, and ease of use.
- MetaTrader 4 (MT4): MT4 is a user-friendly and stable platform, ideal for forex traders who value speed, simplicity, and security. It supports automated trading via Expert Advisors (EAs), making it popular among algorithmic traders.
- MetaTrader 5 (MT5): MT5 is the upgraded version of MT4, with more advanced features, including additional timeframes, a built-in economic calendar, and support for more asset classes such as stocks and futures. It offers better execution speed and a more user-friendly interface.
Both platforms are available on desktop, web, and mobile devices, ensuring that traders can manage their accounts and place trades from anywhere.
Customer Support
Valutrades provides excellent customer support, available 24/5 via live chat, email, and phone. The support team is responsive, professional, and well-equipped to handle various types of inquiries, including account issues, technical support, and trading-related questions.
Additionally, Valutrades offers a comprehensive FAQ section, where traders can find answers to common queries about account opening, deposits, withdrawals, and trading conditions.
Account Opening
Opening an account with Valutrades is quick and easy. Traders can complete the account registration process online by filling out a simple form and submitting the necessary identification documents for KYC (Know Your Customer) verification. The verification process typically takes 1-2 business days, depending on the completeness of the documents.
The minimum deposit to open a Standard Account is generally $500, and traders can fund their accounts using a variety of payment methods, including bank transfers, credit/debit cards, and e-wallets.
Deposits and Withdrawals
Valutrades supports a range of deposit and withdrawal methods, including:
- Bank Transfers
- Credit/Debit Cards (Visa, MasterCard)
- E-wallets (Skrill, Neteller)
Deposits are typically processed quickly, especially for credit/debit card and e-wallet transactions. Bank transfers may take a bit longer, typically 1-3 business days. Withdrawals are processed within 24 hours, though the time it takes for funds to appear in your account may vary depending on the method used. Some withdrawal methods may incur fees, so it's important to check for any charges before making a withdrawal.
FAQ
Is Valutrades a regulated broker?
Yes, Valutrades is regulated by the Financial Conduct Authority (FCA) in the United Kingdom, which adds an extra layer of protection for traders.
What platforms are available for trading?
Valutrades offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are both widely used and feature-rich platforms suitable for all types of traders.
What is the minimum deposit required to open an account?
The minimum deposit for a Standard Account is typically $500, although this may vary depending on the country of residence.
What leverage is available at Valutrades?
Retail clients can access leverage up to 1:30, while professional clients can access leverage up to 1:200.
What is the withdrawal process like?
Withdrawals are processed quickly, typically within 24 hours. However, the time for funds to appear in your account will depend on the withdrawal method you choose.