✔️ Information reviewed and updated in April 2024 by Eduardo López
IS Valutrades RELIABLE? OPINIONS
CONTENT
- 1 IS Valutrades RELIABLE? OPINIONS
- 2 ℹ️ BROKER DATA:
- 3 📞 LIST OF PHONE NUMBERS:
- 4 💰 DEPOSITS AND ACCOUNTS:
- 5 🌐 WEBSITE – WEBSITE:
- 6 ⭐ OPINION OF Valutrades:
- 7 💬 WHAT TO THINK OF A COMPANY LIKE Valutrades?:
- 8 📣 LATEST UPDATES:
- 9 ✔️ CLAIM MONEY FROM Valutrades:
- 10 🚨 REPORT Valutrades:
- 11 ❓ FAQS – FREQUENTLY ASKED QUESTIONS:
In this post I will analyze Valutrades. Is the Valutrades broker (with valutrades.com website) really reliable? Is it safe to invest your money with this company? I will examine this company in detail.
I will explain to you why I think Valutrades is an UNSAFE company AND I CONSIDER IT TO BE UNRELIABLE. BE CAREFUL WITH THIS KIND OF COMPANIES!
ℹ️ BROKER DATA:
Here are two things that I would like to highlight, (1) the first thing that is important to know is about its regulation and (2) the second is the location of the company. These are two data of vital importance to be able to measure the seriousness and reliability of a company.
Does the company have no regulation or is it regulated by an unserious country? Is the company located in an unreliable place or does it not mention where it is located? These are questions that every investor should ask about the reliability of the company.
| Information | About the company |
|---|---|
| (I.e. Company | Value Trades Limited |
| ???? Direction | They mention Seychelles and the United Kingdom, but the last one could be false |
| 📄 Registration | Not mentioned |
| 🛡️ Regulapain | They mention the FCA, but it is false |
| ️ ️ Phone | +44 0 20 3141 0888 |
| [email protected], [email protected] | |
| 🌐 Website | valuetrades.com |
| ???? Live Chat | Yes |
| (I.e. Payment | Credit cards, Skrill, Neteller |
| ❓ Company type | Investments in forex, commodities and CFDs on indices |
📞 LIST OF PHONE NUMBERS:
+44 0 20 3141 0888
💰 DEPOSITS AND ACCOUNTS:
Here is a small analysis of the types of plans that Valutrades offers; They are divided into 2 plans or types of accounts. Here is a table with a little more information.
| TYPE OF PLANS | MINIMUM INITIAL DEPOSIT |
|---|---|
| Standard Account | - |
| ECN account | - |
🌐 WEBSITE – WEBSITE:
Below you will see the company's website and a small analysis about the website:
1) The company mentions being regulated by the UK FCA, but this is false. 🚩
2) In addition to all this data, the company mentions being located in the United Kingdom, but since this country has no further regulation, it is possible that its location is false. They may only be in Seychelles. 🚩
3) They seem to have a pyramid structure, something very common in financial scams. 🚩
⭐ OPINION OF Valutrades:
After having carried out an analysis of the company, I have come to the following conclusions:
1) The company mentions being located in the UK, but I think they are trying to mislead about their location. They may only be in Seychelles. I recommend extreme caution.
2) The company mentions being regulated by the FCA, and although this was the case before, they are no longer supervised by that financial authority. I understand that it is a UNREGULATED company.
3) The company has a very bad reputation on the internet, I have already been able to find customer complaints.
4) From what they mention on their page, Valutrades has a pyramid scheme, because they offer important bonuses for adding other people and also that you can make profits while others continue operating.
“To be honest with you I would not invest in this type of company: it falsely mentions being regulated in the United Kingdom. They may also be misleading about their location. There is a clear lack of important information. I honestly cannot recommend Valutrades as an option.”
💬 WHAT TO THINK OF A COMPANY LIKE Valutrades?:
Valutrades, a broker that covers forex, commodities and index CFDs, raises multiple concerns that cause concern among potential investors. Initially regulated by the UK FCA, the fact that they are no longer regulated and that they provide misleading information in this regard suggests a lack of transparency and honesty in their business practices. The possible lack of a genuine UK location and its alleged operation from Seychelles, a country known to be financially unsafe, increases distrust in the platform.
Furthermore, the suggestion of a pyramid structure, where profits are tied to the participation of other customers and the offer of considerable bonuses for adding users, raises typical red flags for fraudulent schemes. Given all of the above, investing capital with Valutrades is strongly discouraged as they appear to represent a significant risk to investors' funds. It is better to turn to more reliable alternatives.
📣 LATEST UPDATES:
At the moment there is no update.
✔️ CLAIM MONEY FROM Valutrades:
If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.
We work with a capital recovery service. here you can claim your money.
In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.
If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.
🚨 REPORT Valutrades:
If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:
🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch
🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch
🇨🇱 Chile: the financial regulator is CFM, here you can get in touch
🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch
🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch
🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch
🇺🇸 United States: the financial regulator is FINRA, here you can get in touch
🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch
🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch
🇵🇪 Peru: the financial regulator is SBS, here you can get in touch
If your country is not on the list, leave a comment and I will gladly help you!
❓ FAQS – FREQUENTLY ASKED QUESTIONS:
Valutrades is an investment company in forex, commodities and CFDs on indices.
In my opinion it is, I think it's a scam. Taking into account different characteristics of this company, I must qualify it as a very bad and very unsafe one.
Valutrades is a company that I consider NOT RELIABLE. It has characteristics that make it a very unsafe company: be very careful.
If you have lost your money or been scammed, I recommend you try the capital recovery service.
If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month.
Coincidences of life, I just confirmed that exactly one year ago I opened my demo account in valutrades. I have used it with MT4 and it has worked very well for me. Their commissions and spreads are among the lowest I have found. I have only traded in Demo, but it has given me the confidence to test in real. Cheers
Hello Rodrigo, thank you very much for sharing your experience with the Valutrades broker.
Greetings.
I HAVE A DEMO ACCOUNT, THE CUSTOMER SERVICE SEEMS VERY GOOD, IN ADDITION TO THE DEMO THEY SEND ME REPORTS OF THE BALANCE OF TRANSACTIONS TO MY MAIL, WHICH SEEMS TO ME VERY GOOD SINCE IT IS AS IF IT WAS ON THE REAL ACCOUNT.
Hi Jaime, thank you very much for sharing your experience with Valutrades with us… Do you remember how you found them in the first place?
Greetings.