Valutrades

General information

The beginning of the history of Valutrades should be considered the year 2012. At that time, the company was called Monex Capital Markets and was not a severe competitor to other brokers. However, a year later, it received its current name and began to develop rapidly. The broker's head office is located in the UK. Because of this, most of the company's customers are Europeans. It recently entered Asia and American markets, allowing her to expand its client base.

Valutrades tries to work honestly and does not hide its income from the law. Regulators are serious organizations from the UK and the Seychelles, which adds confidence in the transparency of the broker. The company's website is quite convenient and informative. It has a simple interface that can be presented in 5 different languages. Due to clients' wishes, Valutrades uses MT4 and MT5 as terminals. Both platforms are popular and are considered the most convenient for trading.

Valutrades restrict users from choosing an account type. It only provides an "ECN Trading Account" and a test version of a similar account. The first option allows you to deal with money and earn on operations with various assets. A test account is intended to get acquainted with the broker's features. It is advisable to use it for beginners just learning their business.

Features of cooperation

Regardless of your Forex trading experience, you will feel comfortable working with Valutrades. This broker is attentive to each client and helps them earn money. To get started, follow a few simple steps correctly.

Operating procedure:

  1. On the broker's web resource, press the button "OPEN LIVE ACCOUNT" or "FREE PRACTICE ACCOUNT" (demo account). After clicking, an online application form will open with many fields for entering information.
  2. By entering your personal information, you confirm your desire to create an account on Valutrades.
  3. At the next stage, be sure to pass verification. To do this, send scans of documents and wait for the final decision. If it is positive, then the registration procedure can be considered complete.
  4. Download and install one of the two trading terminals. Register an account or log in to an existing personal account.
  5. With the help of simple manipulations, connect the account to Valutrades.
  6. Choose the most convenient way to make a deposit and make a payment.
  7. After that, choose the trading parameters and get down to business.

Not all traders know about Valutrades. Therefore, finding information about the features of working with it isn't easy. Broker clients help to solve this problem. They share the secrets of cooperation and notice essential elements.

Features of cooperation:

  1. Payment options. Valutrades customers can deposit and withdraw the money earned in 6 different ways. Among them, the most popular is a bank transfer. They also often use bank cards and payment systems (AliPay, Neteller, Skrill, UnionPay). For all transactions, the broker does not charge any commission from the user. However, banks and payment systems may withhold a certain percentage for a particular transaction.
  2. Customer support. You can contact the representatives of the broker in 4 different ways. In addition to the traditional phone, Skype, email, and online chat can be used. The latter is located on the company's website and is the fastest way to get advice on issues of interest.
  3. Account size. Valutrades has limits on the amount of money in the account. The minimum value is $100, and the maximum is $100,000. Within these limits, a trader can perform any financial transactions, withdraw earned funds and replenish the account as many times as necessary.
  4. Training. Valutrades is trying in every way to expand its customer base. To do this, he creates the most comfortable conditions for beginners and offers them high-quality educational materials. With their help, you can not only learn the basic rules of trading but also learn many secrets of successful traders. This will make it possible to develop quickly and not repeat the mistakes of their predecessors.
  5. Safety. Valutrades positions itself as a reliable and safe broker. It ensures the safety of users’ data and guarantees the payment of funds in the trader's account. The company keeps clients' money in eminent European banks, which once again proves the safety of working with Valutrades.
  6. Trading tools. The broker cannot boast of a variety of trading instruments. At the same time, it offers its clients the most valuable add-ons that will help in trading. The most popular among them are trading indicators. They help to predict specific events and open/close transactions promptly.
Features
6.0
Exchanges Supported
8.0
Security
6.0
Price
8.0
Customer Support
6.0

Pros and cons

Valutrades recensie say that it can be called the best among second-tier companies. It has many advantages that even leaders of different ratings can envy. Also, Valutrades has practically no flaws that would significantly reduce its good reputation.

Key benefits:

Pros Cons
transparency of all operations insufficient number of trading instruments
informative site mandatory verification
availability of a demo account
serious regulators
the ability to choose between MT4 and MT5
many payment options
variety of currency pairs
technical support in 3 languages
many ways to contact the broker
small required deposit
good selection of teaching materials
attentive attitude to clients

Valutrades review gives a complete picture of this broker. His work inspires respect and makes traders become regular customers of the company. To feel all the delights of such cooperation, you must learn many secrets and essential nuances. If you successfully cope with this task, you can get a profitable reseller who is always a pleasure to deal with.

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