Score

7.07 /10
Good

Valutrades

United Kingdom

5-10 years

Regulated in United Kingdom

Market Making(MM)

MT4/5 full license

Regional Brokers

High potential risk

Offshore Regulatory

Benchmark

AA

Influence

A

Influence

E

Open Account
Website

Score

License Index8.24

Business Index7.92

Risk Management Index0.00

Software Index7.37

Regulatory Index8.21

The WikiFX Score of this broker is reduced because of too many complaints!

Benchmark

AA

Influence

A

Influence

E

Website
Open Account

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open for free

Contact number

English

+44 (0) 20 3141 0888

Portuguese

+44 20 3861 3628

Broker Information

More

Company Name

Valutrades Limited

Company Abbreviation

Valutrades

Platform registered country and region

United Kingdom

Company website

Twitter

Facebook

YouTube

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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WikiFX Risk Alerts 2
Previous Detection : 2022-10-03
  • The number of the complaints received by WikiFX have reached 24 for this broker in the past 3 months, please be aware of the risk and the potential scam!
  • The SeychellesFSA regulatory with license number: SD028 is an offshore regulatory, please be aware of the risk!

WikiFX Verification

Valutrades · Benchmark
Average transaction speed(ms)
439.3
The highest transaction speed(ms)
74 Great
The highest speed of opening positions(ms)
76 Great
The highest speed of closing position(ms)
74 Great
The lowest speed of opening positions(ms)
1987 Poor
The lowest speed of closing position(ms)
1781
Ranking: 25 / 113
Test user 138
Transactions 2,361
Ocuppied margin $177,725 USD
Data Source WikiFX Data provide
Updated: 2022-09-30 00:09:00
Pyramid scheme complaint
Expose
Unable to withdraw

Cannot receive the money

After manyu deposit, I first to do the investment, pay tax, deposit margin, then it said that my credit score is dropped since I have not traded for a long time. Then, I increase my credit score via deposit and apply for withdrawal. Then, it said that withdrawal must go thourgh international unionpay, but I have not received the money for more than one month. It is said du to exchange rate problem. They keep delaying it. I just want get my money back ASAP.

2022-06-08 13:34
Resolved

Cannot withdraw normally. The customer service deceives customer and hard to withdraw

The withdrawal application was filed at 4:00 a.m. on June 22. Strictly speaking, it was still on the 21st, and no one was working in the middle of the night. However, on the 22nd, the whole day was not reviewed and processed, and it was not reviewed until 3:00 p.m. on the 23rd. , and said that it would take 1-3 days to count from the review and processing, up to the 26th, but on the 27th, after the time specified by myself, he said that the speed of the payment provider is different, he will help me, and sent it to me. Please take a look at the reply email from the payment provider. The screenshot was taken in the early morning of May 5th, not mine at all. In other words, the customer service took a screenshot of someone else a month ago to perfunctory me, and there was no time on it, or the time of the screenshot itself exposed them. After the whole calculation, it was only 90 dollars after 6 days, but I didn't bring it up. Mainly when I first started using it in 2020, it only took three days from application to collection, and the withdrawal cycle doubled. Please be careful, they might be running away.

2022-06-27 20:06

    Total Margin Trend

    • VPS Region
    • User
    • Products
    • Closing time
    • Taipei
    • 522***
    • XAUUSD
    • 10-03 12:47:33
    • Seoul
    • 551***
    • XAUUSD
    • 10-03 12:47:32
    • Tokyo
    • 639***
    • XAUUSD
    • 10-03 09:15:01

    Stop Out

    0.76%

    Stop Out Symbol Distribution

    6 months

    Sources

    News

    NewsDespite Increased Revenue, Valutrades Will Lose Money In 2021

    The FX and CFDs broker reported £4.41 million in annual revenue, up from £3.99 million in the previous year, as reported on Companies House. ESMA guidelines were implemented in 2018, and since then, it has witnessed a rise in revenue.

    WikiFX
    2022-09-29 20:10
    Despite Increased Revenue, Valutrades Will Lose Money In 2021
    35
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    Hong Kong
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    You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
    consumer hotline:006531290538
    Official Email:support@wikifx.com;
    Mobile Phone Number:234 706 777 7762;61 449895363
    Telegram:+60 103342306
    Whatsapp:+852-6613 1970;+44-7517747077
    License or other information error corrections, please send the information to:qawikifx@gmail.com
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