Valutrades Review
Valutrades was established in 2012 in the UK and regulated by FCA and FSA. Valutrades offers MT4, MT5, FIX API and 80+ trading insturments. The broker also offers copy trading, demo trading, and zero spreads.
Valutrades is an online forex broker that operates from London, UK. The company was established back in 2012 and is authorised and regulated by FCA in the UK and FSA in Seychelles.
Valutrades has a comparatively limited market offering because they only provide CFDs on forex, indices, and commodities. However, the broker does give you access to top trading conditions with ECN executions at the best possible prices, tight spreads starting from just zero pips and very competitive fees.
In addition, Valutrades provides industry-standard trading platforms such as MT4, MT5, and FIX API for professional traders. Moreover, the broker provides useful trading tools to enhance your overall trading experience such as VPS hosting for running your platforms remotely around the clock.
Valutrades has a bundle of educational and research resources which can be great for beginners and those of you who like your market analysis, including trading guides, videos, tutorials, an economic calendar, and webinars. There is also the option of a free demo trading account to get a feel for what the broker has to offer without taking any risk.
Valutrades falls under the strict regulations of FCA in the UK. The broker provides negative balance protection and FSCS protection for its clients from the UK. You can get convenient market access to trade with ECN executions on MT4, MT5, and via FIX API connectivity. Moreover, the broker offers VPS hosting services for automated trading.
Valutrades offers free trading courses, videos, and economic calendar. No deposit or withdrawal fees are charged from Valutrades’ clients. There are multiple payment methods available with 14 account base currencies. Valutrades offers zero spread accounts with minimal commission fees. The broker also offers Swap-free Islamic accounts. In addition, Valutrades also provides free trading signals. Moreover, the broker allows all types of trading, including scalping, hedging, news trading, and automated trading.
On the other hand, the broker is not listed on any stock exchange. Therefore, its financial information is not disclosed in public. Valutrades does not hold a banking licence. Valutrades has a comparatively limited product portfolio of only 80+ trading instruments. Valutrades does not accept clients from a few countries, including the US. In addition, the broker does not offer crypto trading or funding options. Lastly, Valutrades does not provide client support over weekends.
Valutrades’ product portfolio seems limited as the broker only provides forex, CFDs of indices, and commodities. The broker has 80+ trading instruments from the mentioned markets. However, it would be nice to see other popular asset classes on the broker’s offering list, including stocks, cryptocurrencies, options, bonds, and ETFs. For a much greater variety of financial instruments, you might want to consider IG as they have over 18,000 in comparison.
Valutrades Instruments Summary
| Instruments | Valutrades |
|---|---|
| Forex | ✓ |
| Stocks | x |
| Indices | ✓ |
| Commodities | ✓ |
| Cryptos | x |
| Options | x |
| Bonds | x |
| ETFs | x |
| CFDs | ✓ |
Commission and Spread Fees
Valutrades offers trading with ECN executions and zero spreads. However, there are certain commission fees starting from $3 per lot per side on forex pairs. This works out at $6 per round turn which is slightly below the industry average but not as low as RoboForex who charge $4 depending on your account type.
| Fee | ECN Account |
|---|---|
| Commission (per standard lot per side) | $3 |
| Spreads from | 0.0 |
Deposit and Withdrawal Fees
Valutrades does not charge any deposit fee. However, clients can process only three withdrawals free of cost in a month. After three withdrawals, there is a withdrawal fee.
Inactivity Fees
Valutrades does not charge any fee in case of inactivity.
Valutrades provides a good choice of three trading platforms to its clients. The traders who want utmost simplicity may choose MetaTrader 4, and others can choose its advanced predecessor in MetaTrader 5. Then, there is also support for FIX API for institutional and professional traders. Valutrades also provides useful trading tools such as VPS hosting so that its clients may automate their trading strategies 24/7. In addition, Valutrades also offers copy trading, and MAM accounts are available for this purpose.
MetaTrader 4 (MT4)
MT4 is widely regarded as one of the best trading platforms in the world. The vast range of trading resources that MT4 provides has made it the preferred forex trading solution for both new and expert investors alike. MT4, which provides precise analytics and trading technology, enables simple trading at the press of a button. It couldn’t be easier to use MT4 for analysing the markets, placing and managing your order.
You will find that MT4 is a very versatile platform that you can adjust according to your trading style. The MT4 desktop is free to download and has the most functionality, including automated trading. You can download the MT4 app from the Android or Apple app stores and trade on the move from anywhere provided you have an internet connection. Webtrader allows you to trade on any device, operating system, and browser. Webtrader’s fully encrypted online application provides access to 30 indicators as well as all forms of trading possibilities.
Among the features are:
- 30 pre-installed technical indicators and 24 graphical items
- 9 time intervals, ranging from one minute to one month
- Order types and execution modalities are many
- Expert Advisors for AutomatedTrading(EAs)
- Market Watch offers real-time pricing
- Market data from the past
- One-button trading
- There are three kinds of charts
MetaTrader 5 (MT5)
MT5 is more than simply a replacement for MT4, as it takes trading to a whole new level. MT5 is unlike any other trading platform since it combines sheer power with practically limitless freedom. It is a real multi-asset terminal that provides an all-in-one trading experience. MT5, as a fitting successor to MT4, provides a powerful, cutting-edge, high-performance trading environment for all traders. Just like MT4, the MT5 platform is available on desktop, web and as a mobile trading app.
The MT5 platform, which is the successor to MT4, provides a comprehensive, all-in-one trading experience with a slew of enhanced features. Traders may open up to 100 charts at the same time for smooth market forecasting, in addition to additional tools such as:
- There are 38 technical indicators, 44 graphical elements, and an endless number of charts
- There are 21 timeframes in all, with a supplementary minute and hour charts
- Expert Advice is Available (EAs)
- Price data from the past
- Calendar of economic events
- One-button trading
- Depth of Market
MetaTrader WebTrader
MetaTrader trading platforms are also accessible in web-based versions, allowing users to access transactions without having to download any software. WebTrader has all of the same capabilities as the desktop platform apart from automated trading. WebTrader is accessible via the broker’s website and is compatible with all major internet browsers. I think this is a great platform due to the fact that you can access it from any device and it is always up to date.
FIX API
Fix Protocol is a trading system that allows for absolute client control. It is open, active, and provides efficient trading. You may trade directly to Valutrade’s ECN matching engine using FIX 4.4 API, which reduces costs and improves trading efficiency via increased transparency. Valutrades recognises the rising interest in Fix Protocol among traders. You will be able to access Valutrades ECN matching engine via accounts via FIX 4.4 API, giving you unparalleled direct market access. Fix Protocol, which is applicable to any asset—including forex, CFDs, cryptos, and commodities—provides a sophisticated trading alternative for anybody with API expertise. If you are looking for an API solution, Darwinex also have powerful solution.
VPS Hosting
A VPS allows you to run EAs and utilise your trading platform 24 hours a day, seven days a week, without worrying about your internet connection or having downtime or latency difficulties. The broker makes it extremely simple for the clients to qualify for free VPS access in order to improve their trading experience. Beeks Financial Cloud was created for internet traders and is hosted by Equinix New York 4. Beeks ensures minimal latency, top-tier security, and smooth connectivity by connecting to Valutrades servers through fibre optic cable. Their sign-up procedure is very quick and simple, making it simple to get started. Valutrades offers free Beeks or CNS VPSs to all live clients that have at least one paid account and trade at least 10 lots per month. This is quite achievable but you can get a free VPS from other brokers with a lower requirement, including IronFX.
MAM Accounts
A MAM account at Valutrades lets you manage several MT4 accounts at the same time using the ‘Meta FX’ technology. It’s an excellent choice for money managers who need to handle several trading accounts from a single trading platform. A MAM master is someone who manages and trades on behalf of clients (subs) on the MetaFx platform using a MAM account. You can have up to three active MAM Master accounts. MAM Master utilises the MAM Manager to allocate funds, activate subs, and monitor subs, but for actual trading, MAM Master signs in to MT4 using the MAM login and trades as he would on a regular account. FXTRADING.com also have a solid MAM offering that is worth consideration.
Valutrades Platforms Summary
| Platform | Valutrades |
|---|---|
| MetaTrader 4 (MT4) | ✓ |
| MetaTrader 5 (MT5) | ✓ |
| cTrader | x |
| Proprietary | x |
| Desktop | ✓ |
| Web | ✓ |
| Mobile | ✓ |
| Social Trading | ✓ |
| Other | ✓ |
Valutrades has a wide range of educational content. You can take your time and get to know how the financial markets work and how to use your trading platform. However, Valutrades does not offer dedicated research tools such as Trading Central and Autochartist. You can get both of these via Forex.com along with an excellent range of trading products and services.
Videos
With easy-to-follow tutorials, you may learn how to apply profitable trading strategies and employ a variety of analytical tools.
Blog Articles
Read about anything from forex principles to popular industry phrases, tools, trading methods, news, misunderstandings, and much more to broaden your knowledge.
Webinars
Attending live training seminars with FX professionals allows you to gain new techniques, ask questions, and learn from the experts.
Guides
Download step-by-step instructions and e-books to improve your forex knowledge and enrich your trading strategy. There are three guides for beginner, intermediate and advanced traders.
Learn to Trade
Success in forex does not necessitate a finance degree or a limitless bank account. Begin growing your potential and shaping your future by learning the fundamentals.
FAQs
Valutrades answers all the important questions regarding account opening, funding, costs, limits, and operations in the FAQs section on its official website.
Live Quotes
In this section, you can see live market quotes without signing up for a trading account.
Sentiment
Forex Market Sentiment Analysis assesses traders’ opinions on worldwide currency pairs.
Economic Calendar
The economic calendar provides macroeconomic data forecasting for the upcoming global events that could help you build a trading opportunity with fundamental analysis.
Glossary
There is a glossary of all the important trading terminologies and what they mean in this section.
Free Trading Signals
Regulated signal providers scour the forex market for powerful signals that will propel your trading strategy to the next level. When forex traders monitor the market for trading opportunities, they are looking for signals that can help them predict price action before it happens. Free forex signals are a fantastic way to supplement your own analysis and increase the quantity and quality of your forex trading opportunities. It’s worth mentioning that you should comprehend all the risks involved in trading with leverage before following any third-party trading signals or ideas. If you are looking for trading signals, then you might want to consider a social trading platform such as eToro.
Valutrades Research and Education Summary
| Resources | Valutrades |
|---|---|
| Market Analysis | ✓ |
| Guides | ✓ |
| Videos | ✓ |
| Webinars | ✓ |
| Autochartist | x |
| Trading Central | x |
| Economic Calendar | ✓ |
| Other | ✓ |
Valutrades offers and accepts funds via wire transfers, debit/credit cards, and e-wallets. There are 14 base currencies that you can choose from to avoid currency conversion charges, which is an advantage in itself, especially if moving large amounts around. Transactions are processed instantly, or in 3-5 working days, depending on the payment option one might use. However, on the downside, Valutrades does not offer or accept cryptocurrencies, which could be a disadvantage for traders who do their transactions in cryptocurrencies nowadays. If that is the case, you could consider FXPRIMUS as they do accept crypto payments.
Valutrades Funding Summary
| Payment Method | Deposit | Withdrawal |
|---|---|---|
| Wire Transfer | ✓ | ✓ |
| Credit/debit Card | ✓ | ✓ |
| Electronic Wallets | ✓ | ✓ |
| Cryptos | x | x |
Valutrades has two licences from government regulatory authorities:
- Valutrades Limited is a limited liability company registered in England and Wales and is authorised and regulated by the Financial Conduct Authority.
- VALUTRADES (SEYCHELLES) LIMITED is a limited liability company registered in the Republic of Seychelles and is authorised and regulated by the Financial Services Authority (FSA) of Seychelles.
Valutrades Regulation Summary
| Regulator | Valutrades |
|---|---|
| ASIC (Australia) | x |
| IIROC (Canada) | x |
| CySEC (Cyprus) | x |
| SFC (Hong Kong) | x |
| JFSA (Japan) | x |
| MAS (Singapore) | x |
| FINMA (Switzerland) | x |
| FCA (UK) | ✓ |
| CFTC (USA) | x |
| Other (FSA) | ✓ |
Valutrades Safety
All client money is stored in segregated client money accounts with reputable financial institutions under FCA and FSA supervision. If Valutrades UK was unable to meet repayment demands, qualifying claimants might be entitled to compensation under the Financial Services Compensation Scheme (FCSC). Cutting-edge security protects your data from hackers and ensures that it is secure.
Valutrades provides support to its clients 24/5 via phone, email, and live chat. I think they could improve in this area by extending support hours to weekends in order to keep up with competitors such as Plus500.
Valutrades is a well-established forex and CFD broker that provides trading services under strict regulations of FCA and with negative balance protection and FSCS protection. The broker offers ECN executions with zero spreads and a very competitive $3 commission per side. There is no minimum deposit requirement, and deposits or withdrawals are processed without any cost. The broker offers a quite limited choice of just 80+ trading instruments with powerful platforms in MT4, MT5, and FIX API to facilitate trades. In addition, Valutrades offers 24/5 client support and a ton of educational and research resources to help traders. From discovering all the important features, I can conclude that Valutrades can be a good option for beginners and those who are primarily looking to trade forex. For other instruments, there are many other option out there which you can find via our broker ratings.
