VALUTRADES

About company:

The London broker offers Forex, CFD and Commodities (Gold, Oil and Silver) trading through the renowned MetaTrader 4 platform.

 

Company. Fund security

Valutrades (formerly Monex Capital) is a subsidiary of Indonesian Forex broker Monex Investindo Futures, licensed by the Indonesian Futures Supervision Agency (BAPPEBTI).

 

Valutrades Ltd., doing business as Valutrades, is authorized and regulated by the FCA (number 586541).

 

All firms that regulate the FCA are required to comply with certain requirements and procedures. Valutrades is no exception and obeys them. Thus, customer deposits are kept in segregated accounts. Also, according to FCA rules, companies must keep at least € 730,000 in an account to prove financial stability. Regulators in most jurisdictions set similar minimum capital requirements for financial service providers.

 

In the event of bankruptcy of the company, Valutrades clients are entitled to receive their money from the Investor Compensation Fund.

 

Trading conditions

Valutrades customers can register one of two available account types: Standard and ECN.

 

An ECN account is perfect for a professional trader. All trading strategies are allowed: scalping, hedging, news trading, advisors.

 

The Standard account is an account that makes it easy for novice traders and those using long term strategies. Commissions are included in the spread.

 

Both accounts offer free VPS hosting with ultra-low latency and superb performance. More than 80 assets out of the available instruments.

 

Minimum initial deposit

Traders are required to deposit a minimum of $ 50 to open an account with Valutrade.

 

Spreads and commissions

Valutrades spreads average 1.5 pips per EUR / USD on a Standart account. If you decide to trade on an ECN account, then for you the average spread will be 0.2 pips per EUR / USD, but you also need to pay a commission of $ 3 per lot (for each side). When trading CFDs on an ECN account, the commission will be $ 0.30.

 

Leverage

The maximum leverage at Valutrades reaches 1: 500. This is a pretty lucrative offer that many brokers offer. The main advantage is that traders can start trading with minimal capital and increase it through leverage as soon as possible. However, you should remember that leverage increases the size of your loss. We advise you to study the theory of the use of leverage before you start real trading.

 

Trading platforms

Valutrades offers you the most popular Metatrader 4 (MT4) trading platform, its desktop and mobile versions.

 

MT4 is great for traders with different backgrounds and different trading strategies. The platform offers a wide range of features (50 built-in indicators, an advanced graphics package) to help traders analyze financial markets in detail, place orders, manage positions and run automated trading systems such as using advisors.

 

In the company you will also find Metatrader MultiTerminal (MetaFX MAM) - a trading platform for managing multiple accounts at the same time.

 

Training

The broker offers training through webinars, educational articles and Forex videos published on the site. In addition, Premium Clients can take advantage of indicators and receive daily technical analysis to assist the trader in planning their trading in the market.

 

Support service

Works via live chat, phone and email. All training materials and information on the site are in English. Support is provided by English-speaking specialists.

 

Ways of payment

You can replenish your trading account and withdraw funds through credit / debit cards (Visa, MatsterCard), bank transfer, online payment systems Skrill, Neteller, Qiwi.

 

PayPal is the only e-wallet payment method.

 

Pros:

 

regulated broker; MT4 is available; have a demo account.

 

Minuses:

 

does not offer Islamic accounts.