Valutrades is a foreign exchange and contract for difference (CFD) broker that was registered and established in the United Kingdom on February 7, 2012. The company primarily provides financial trading services for traders, including forex, commodities, and index CFDs. The company is headquartered in London. Their official website is www.valutrades.com, and it supports multiple languages, including English, Spanish, Portuguese, Simplified Chinese, and Japanese. Valutrades does not offer its services to individuals or entities in countries or jurisdictions where such services may be in violation of local laws or regulations, including the United States, Belgium, Iran, and North Korea.
Company Background and Regulatory Status:
Valutrades Limited is the registered entity in the United Kingdom, formerly known as ForexVox and Monex Capital Markets Limited. It is located at 51 Eastcheap, London, EC3M 1JP, United Kingdom, with a registration number of 07939901. The board members of this entity include Anil Kumar Mulchand Bahirwani, Liam Anthony Bonfield, Harry Campbell-Lamerton, Graeme Alain Watkins, and Neil Whitehead. The actual controllers are Mr. Aman Lakhiani and Mr. Anil Bahirwani.
Valutrades Limited is authorized and regulated by the Financial Conduct Authority (FCA) of the United Kingdom, with the authorization granted on April 3, 2013, and a license number of 586541.
Valutrades also has a registered entity in Seychelles, known as VALUTRADES (SEYCHELLES) LIMITED, located at F20, 1st Floor, Eden Plaza, Eden Island, Seychelles. This entity is regulated by the Financial Services Authority (FSA) of Seychelles, with a license number of SD028.
Account Opening:
Valutrades offers users both real and demo accounts. To open a real account, visit the broker's official website, click on "Open a Real Account" at the top right of the homepage, choose the server region that will serve your account, enter personal information, select the account type, and choose the account currency. After submitting the required details, your personal trading account will be activated.
Account Types:
Valutrades provides an ECN trading account with spreads starting from 0 pips and a $3 commission per standard lot traded. It supports over 80 trading instruments, allows scalping and EA trading, and accommodates all trading strategies. The account currencies supported include AUD, CHF, EUR, GBP, JPY, USD, ZAR, NZD, CAD, HKD, NOK, SEK, SGD, MXN, and more.
Trading Platforms:
Valutrades offers the MT4 and MT5 trading platforms, available on Windows, Android, macOS, iOS, and WebTrader. Both Valutrades Limited and VALUTRADES (SEYCHELLES) LIMITED have servers on the MT4 platform, while only Valutrades Limited provides servers for the MT5 platform.
Deposits and Withdrawals:
Valutrades offers various deposit and withdrawal methods, including bank wire transfers, credit cards, and e-wallets. Deposits can be made via the Valutrades client portal, where you'll receive account information, login details, and server information. For withdrawals, you'll need to log into your account, go to the "My Funds" section, and select "Withdrawal Request." Follow the prompts to enter the withdrawal amount, choose the payment method, and provide the necessary payment details. The funds will typically be processed within 24 hours or upon Valutrades' approval.
Affiliate Program:
Valutrades offers an affiliate program that allows members to withdraw rebates at any time, offers transparent views of all registered demo and live accounts, and provides access to marketing materials, including banners. The program is automated and offers market-leading rebates.
Customer Support:
Users can contact Valutrades via phone at +44 (0) 20 3141 0888 or email at support@valutrades.com. Further contact options are available through the "Contact Us" section on their official website.
In summary:
Valutrades is currently marked as "Operating Normally" on Traderknows.