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Do you want to know which is the better broker between ORBEX and Valutrades ?
In the table below, you can compare the features of ORBEX , Valutrades side by side to determine the best fit for your needs.
--
XAUUSD:41.2
EURUSD: -9.12 ~ 2.12
XAUUSD: -50.97 ~ 24.13
EURUSD:-1
EURUSD:1.3
EURUSD:7
XAUUSD:20.02
EURUSD: -7.84 ~ 1.93
XAUUSD: -34.1 ~ 19.37
You can determine the reliability and credibility of a broker by checking four factors:
1.Forex broker introduction。
2.Are the transaction costs and expenses of orbex, valutrades lower?
3.Which broker is safer?
4.Which broker provides better trading platform?
Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:
Aspect | Information |
Registered Country/Area | Mauritius |
Founded Year | 5-10 years ago |
Company Name | ORBEX Ltd |
Regulation | Regulated in United Kingdom (FCA), Germany (BaFin), France (Banque de France), and Cyprus (CySEC) |
Minimum Deposit | $100 for Starter account, $500 for Premium account, $25,000 for Ultimate account |
Maximum Leverage | Up to 1:500 |
Spreads | Variable spreads starting from 1.7 pips for Starter account |
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), FIX API, Orbex Mobile App |
Tradable Assets | Forex, cryptocurrencies, commodities, stocks, indices |
Account Types | Starter, Premium, Ultimate |
Demo Account | Not specified |
Islamic Account | Not specified |
Customer Support | Phone: +44 2035198170 (English), +965 22968151 (English), +962 6 5622268 (English) |
Payment Methods | Debit/Credit cards, eWallets (Skrill, Neteller), Perfect Money, UnionPay, ENet, Fasapay, Przelewy24, Poli, Knet, Zotapay, Bank Transfers |
Educational Tools | Trading Central, Free VPS, Calculator Tools, Economic Calendar |
Orbex.com is owned by Orbex Group Limited and is operated by Orbex Global Limited and it is a financial institution operating in the financial services industry, offering a range of trading instruments such as forex, cryptocurrencies, commodities, stocks, and indices. While ORBEX is regulated by multiple authorities including the UK's Financial Conduct Authority (FCA), the Federal Financial Supervisory Authority in Germany (BaFin), Banque de France, and the Cyprus Securities and Exchange Commission (CySEC), concerns have been raised about its regulatory status. The FCA has classified ORBEX as “Unsubscribed,” BaFin has stated that ORBEX exceeds their regulated business scope, and there are suspicions regarding the claimed CySEC regulation.
ORBEX provides various trading accounts to cater to different traders' needs, including Starter, Premium, and Ultimate accounts. Each account type offers different features and requires varying minimum investments. The accounts offer access to a range of trading instruments, variable spreads, and leverage of up to 1:500. However, it is important to exercise caution and consider the potential risks associated with ORBEX due to concerns about its regulatory status and suspicions raised by industry sources.
ORBEX offers several trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), FIX API, and a mobile app. These platforms provide traders with different features and functionalities, allowing them to trade across various markets. Additionally, ORBEX offers trading tools such as Trading Central for market analysis and insights, a free Virtual Private Server (VPS) for stable and secure trading, and calculator tools for risk management. Traders can also access an economic calendar to stay informed about upcoming market events.
Considering the concerns raised about ORBEX's regulatory status and suspicions in the industry, it is crucial for individuals to carefully assess the potential risks involved before engaging in any financial activities with ORBEX.
Here is the screenshot of Orbexs official website:
ORBEX is a financial institution that operates in the financial services industry. It is regulated by multiple authorities, including the United Kingdom's Financial Conduct Authority (FCA), the Federal Financial Supervisory Authority in Germany (BaFin), Banque de France in France, and the Cyprus Securities and Exchange Commission (CySEC).
However, it is important to note that there are some concerns regarding ORBEX's regulatory status. According to WikiFX, a platform that collects and provides information about forex brokers, there have been complaints and suspicions raised about ORBEX. The FCA has classified its regulatory status as “Unsubscribed,” indicating an abnormality. BaFin has stated that ORBEX exceeds the business scope regulated by them. The regulatory status with Banque de France is also marked as “Exceeded,” suggesting potential issues. Additionally, the CySEC regulation claimed by ORBEX is suspected to be a clone.
Given these concerns and the information provided, it is advisable to exercise caution and carefully consider the potential risks associated with ORBEX before engaging in any financial activities with them.
Orbex is a trading broker that has both positive and negative aspects to consider. On the positive side, Orbex is regulated by multiple authorities, ensuring a level of oversight and security for traders. They also offer a variety of trading instruments, allowing traders to diversify their portfolios. Additionally, Orbex provides different account types to cater to the individual needs of traders. They offer multiple funding options as well. Orbex supports popular trading platforms like MetaTrader 4 and MetaTrader 5, which are widely used and trusted in the industry. Furthermore, Orbex provides educational resources for traders, allowing them to enhance their knowledge and skills. They also offer a free VPS service for all account types and provide access to the Trading Central research portal. On the downside, there have been concerns raised about Orbex's regulatory status, which may raise doubts among some traders. The FCA has classified Orbex as abnormal, leading to potential questions about their operations. Additionally, there are suspicions regarding Orbex exceeding its regulated business scope by regulatory bodies like BaFin and Banque de France. There have also been suspicions of clone regulation by CySEC. Despite these concerns, it is important for traders to carefully evaluate these factors before deciding to engage with Orbex.
Pros | Cons |
Regulated by multiple authorities | Concerns about regulatory status |
Offers a variety of trading instruments | Abnormality classification by the FCA |
Provides different account types to meet traders' needs | Suspicions of exceeding regulated business scope by BaFin and Banque de France |
Multiple funding options available | Suspected clone regulation by CySEC |
Offers popular trading platforms like MetaTrader 4 and MetaTrader 5 | - |
Provides educational resources for traders | - |
Free VPS service for all account types | - |
Access to Trading Central research portal | - |
Offers economic calendar and calculator tools | - |
Orbex provides traders with mainstream and popular financial products in the global financial market, including forex, spot indices, futures indices, precious metals, energies, stock CFDs, etc.
Forex: ORBEX provides a wide range of Forex trading instruments. Forex trading involves the buying and selling of currencies, with traders speculating on the value of one currency against another. ORBEX offers low spreads and leverage of up to 1:500 in Forex trading. You can access various currency pairs such as AUDCAD, AUDCHF, AUDJPY, AUDNZD, and AUDUSD, among others.
2. Cryptocurrencies: ORBEX allows traders to trade cryptocurrencies, which are encrypted, digital, and decentralized forms of money based on blockchain technology. Cryptocurrencies are not regulated by any central authority. ORBEX offers leverage of 1:2 and a commission of 0.5% for trading popular cryptocurrencies like Bitcoin (BTCUSD), Ethereum (ETHUSD), Litecoin (LTCUSD), Bitcoin Cash (BCHUSD), and Ripple (XRPUSD).
3. Commodities: ORBEX offers trading instruments for commodities, which are raw materials that can be bought or sold as physical assets. Traders can access commodities like metals, energies, agricultural products, and precious metals. ORBEX provides flexible leverage options and low spreads for commodity trading. Precious metals include XAUUSD (Gold), XAGUSD (Silver), XPDUSD (Palladium), and XPTUSD (Platinum).
4. Stocks: ORBEX provides trading instruments for stocks, allowing traders to buy and sell shares in various assets or companies. Stock trading involves owning shares and selling them based on market value. ORBEX offers a wide range of stock CFDs (Contracts for Difference) with commission starting from $0. Some of the available stocks include 3M, Abercrombie & Fitch Co, Activision Blizzard, Adobe Systems, AIG, and Airbnb Inc, among others.
5. Indices: ORBEX offers trading instruments for indices, which are collections of assets or securities used to track their performance. Indices can be used as benchmarks to assess general economic data. ORBEX provides leverage of 1:100 for indices trading and offers a selection of popular world indices. Some of the available indices include US30, NAS 100, Germany 40, UK 100, SPX500, Australia 200 Cash Index, and France 40 Cash Index, among others.
Pros | Cons |
Wide range of trading instruments | Concerns about regulatory status |
Low spreads and leverage in Forex | Abnormality classification by the FCA |
Availability of popular cryptocurrencies | Suspicions of exceeding regulated business scope by BaFin and Banque de France |
Leverage options for commodities | Suspected clone regulation by CySEC |
Access to a variety of stock CFDs |
To meet investors' various investment requirements and strategies, Orbex has set up three account types: Starter Accounts, Premium Accounts, and Ultimate Accounts. The minimum deposit for the starter account is US$200, the premium account US$500, and the ultimate account is US$25,000.
The Starter account is suitable for traders who are new to the market or prefer to start with a smaller investment. It requires a minimum investment of $100 and offers variable spreads reaching 1.7 pips. There are no commissions charged for trades on this account, making it a cost-effective option. Traders can leverage up to 1:500 and trade with a minimum size of 0.01 lots. The account features a 20% stop out level and a 100% margin call level. It operates on a Non-Dealing Desk (NDD) execution type. The Starter account also provides basic education materials to support traders in their learning journey.
The Premium account is designed for traders with a higher investment capacity. It requires a minimum investment of $500 and offers similar features as the Starter account, including variable spreads from 0.0 pips and leverage up to 1:500. However, there is a commission of $8 charged per trade on this account. The Premium account also provides advanced education materials to enhance traders' knowledge and skills. Traders on this account have access to exclusive monthly webinars and receive one-on-one training sessions.
The Ultimate account is tailored for experienced traders and those with a substantial investment capability. It requires a minimum investment of $25,000, offering the same features as the other accounts, including variable spreads from 0.0 pips and leverage up to 1:500. The commission charged on trades is lower compared to the Premium account, with a rate of $5 per trade. Similar to the Premium account, the Ultimate account provides advanced education materials, but traders on this account receive three one-on-one training sessions. The account also grants exclusive access to webinars.
Pros | Cons |
Multiple account options | Concerns about regulatory status |
Varied investment requirements | Abnormality classification by the FCA |
Variable spreads available | Higher commission charges on Premium and Ultimate accounts |
Leverage up to 1:500 | Higher minimum investment requirement for Ultimate account |
To open an account with ORBEX, follow these steps:
Visit the ORBEX website and click on the “Register” button.
2. Fill out the registration form with the required information. This includes your first name, last name, email address, country, and phone number. Make sure to read and agree to the terms and conditions.
3.Once you have completed the form, submit it. By doing so, you acknowledge the risks associated with Forex and Contract for Differences (CFD) trading.
4. After submitting the form, you will receive a confirmation email with instructions on how to log in to the client portal.
5. Log in to the client portal using the provided credentials.
6. Fund your account to start trading. ORBEX offers various funding options to deposit funds into your trading account.
7. Once your account is funded, you can begin trading forex, indices, commodities, or stock CFDs, depending on the available options.
Leverage rates at Orbex are quite high, reaching 1:500 for forex pairs on all accounts. However, to mitigate the risks of margin trading, leverage rates are capped at 1:100 if trading in volumes of over 40 lots. The maximum leverage rates provided for indices are 1:100, though Chinese indices are capped at 1:20. Commodities can be leveraged at either 1:100 or 1:50 and stock CFDs are limited to 1:5.For EU retail traders, leverage is capped at 1:30.
ORBEX offers different trading accounts with varying spreads and commissions. The Starter account features variable spreads, with minimum spreads starting from 1.7 pips. On the other hand, the Premium and Ultimate accounts provide spreads that start from 0 pips. When it comes to commissions, the Starter account does not impose any additional charges. However, the Premium account requires a commission of $8, and the Ultimate account incurs a commission of $5. These account types allow traders to choose the option that aligns with their specific trading preferences and cost considerations.
ORBEX offers several trading platforms to cater to the needs of different traders.
MetaTrader 4 (MT4)
Firstly, Orbex uses the world's most popular MT4 trading platform, allowing traders to explore the forex, precious metals, indices, commodities, and energy markets in depth. Orbex MT4 has such advantages as responding to all customer inquiries within 1 hour, trading ECN on MT4, making fund withdrawals more convenient and faster, 10 language & 24-hour customer support. The platform supports 23 languages, automated trading, and is customized using an intelligent trading system exclusive own strategy, trailing stop loss function. The platform can be applied to Windows client-side, multi-accounts client-side, Android, and Apple iOS client-side.
MetaTrader 5 (MT5)
Another platform offered by ORBEX is MetaTrader 5 (MT5). It is a powerful platform suitable for traders of all levels. MT5 includes all the features of MT4 and provides additional trading functions like advanced orders and trading automation tools. It offers improved speed, functionality, and algorithmic efficiency. Traders can access over 300 CFDs, including forex pairs, stocks, indices, commodities, and cryptocurrencies. The platform also provides 38+ preinstalled technical indicators, 44 analytical charting tools, and options for different types of orders, execution modes, and market depth. Traders can automate their trades using trading robots, Expert Advisors, and scripts. Additionally, MT5 integrates tools like Orbex's Trading Central, Elliott Wave indicator, and VPS service. Traders can track their performance, join a community of traders and developers, and even develop and back test their own indicators and EAs.
FIX API
ORBEX also offers the FIX API, which stands for Financial Information Exchange. FIX API is a technology used by institutional players in the financial markets. It allows for real-time exchange of a large amount of financial information and offers direct connections between traders and tier-1 liquidity providers. This ensures trades are executed with no latency and with high precision. FIX API provides ultra-fast and precise execution for accessing global markets.
Orbex Mobile App
For traders who prefer mobile trading, ORBEX has the Orbex Mobile App. The app allows traders to register, set up, and manage their trading accounts on the go. It is available on both the App Store and Google Play. Traders can perform various actions through the app, such as registering and verifying their accounts, creating and funding their wallets, depositing, transferring, and withdrawing funds, accessing daily market analysis, and getting live support from the expert team via live chat in English or Arabic.
Pros | Cons |
Offers MetaTrader 4 (MT4), known for speed and execution | Concerns about regulatory status |
Provides MetaTrader 5 (MT5) with advanced features | Potential compatibility issues with certain operating systems or devices |
Orbex Mobile App for mobile trading | Reliance on stable internet connection for seamless trading experience |
Offers FIX API for ultra-fast and precise execution |
Trading Central: Orbex provides its active clients with access to Trading Central, an acclaimed research portal. This platform offers a range of market-scanning tools designed to assist traders in understanding the markets, identifying potential trading opportunities, and enhancing their strategies. Trading Central allows users to access expert insights, algorithmic setups, financial summaries, historical data, market buzz, technical views, and economic insights.
Free VPS: Orbex offers a free Virtual Private Server (VPS) to all types of trading accounts. A VPS is a virtual computer hosted within a parent server. It acts as a fully functional computer that remains connected to your trading account 24/5, regardless of your personal device's status or internet connectivity. This feature ensures a stable trading experience, safeguarding trading strategy from threats like computer viruses or internet disruptions. It allows your trades to continue uninterrupted.
Calculator Tools: Orbex provides various calculator tools to assist traders in their decision-making process. These tools include a currency converter, which allows users to convert between different currencies. Traders can select the desired currencies and obtain the conversion value instantly. Another useful tool is the pip value calculator, which helps determine the monetary value of each pip movement in a particular currency pair. These calculators aid traders in managing risk and understanding the potential profit or loss associated with their trades.
Economic Calendar: Orbex offers an economic calendar that provides essential information about upcoming economic events, such as economic indicators, central bank announcements, and geopolitical developments. The economic calendar helps traders stay informed about significant market-moving events and plan their trading activities accordingly. By being aware of these events, traders can make more informed decisions and adapt their strategies to capitalize on potential market opportunities.
Feature | Pros | Cons |
Trading Central | Access to expert insights, algorithmic setups, financial summaries, historical data, market buzz, technical views, and economic insights. | Can be overwhelming for beginners. |
Free VPS | Stable trading experience, safeguarding your trading strategy from threats like computer viruses or internet disruptions. | Requires some technical knowledge to set up. |
Calculator tools | Help traders in managing risk and understanding the potential profit or loss associated with their trades. | Can be complex for beginners. |
Economic calendar | Provides essential information about upcoming economic events, such as economic indicators, central bank announcements, and geopolitical developments. | Can be difficult to keep up with all of the events. |
When it comes to depositing funds, ORBEX supports different payment methods, including debit/credit cards such as Visa and Mastercard. The available currencies for these cards are USD, PLN, EUR, and GBP. There are no fees associated with these card deposits, and the processing time is typically up to 2 hours. It's important to note that ORBEX is regulated under the Central Bank of Cyprus for these transactions.
ORBEX also accepts eWallets for funding and withdrawal. Skrill and Neteller are two popular eWallet options available for users, supporting the same currencies as the cards. Similar to card deposits, there are no fees for using these eWallets, and the processing time is up to 2 hours. ORBEX is regulated under the Financial Conduct Authority (FCA) in the UK for these transactions.
Perfect Money, UnionPay, ENet, Fasapay, Przelewy24, Poli, Knet, and Zotapay are additional funding and withdrawal options provided by ORBEX. These methods support various currencies and have their own unique regulations and processing times.
For users interested in cryptocurrency payments, ORBEX accepts USDT (Tether). Deposits and withdrawals using USDT have no fees and typically take up to 2 hours to process. It's important to note that cryptocurrency transactions are not regulated.
Lastly, ORBEX supports bank transfers for funding and withdrawal. Bank wire transfers are available in currencies such as USD, EUR, GBP, AED, and KWD. There are no fees associated with bank wire transfers, and the processing time is 3-5 business days. Similar to other transactions, ORBEX is regulated under the Central Banks of Incorporation Countries for bank transfers.
Pros | Cons |
Supports various payment methods | Processing time may take up to 5 business days for bank transfers |
No fees for card deposits and eWallets | Cryptocurrency transactions are not regulated |
Multiple currencies available | Different regulations and processing times for various funding options |
Regulated under reputable authorities | Limited cryptocurrency options (only USDT accepted) |
Bank wire transfers available for large transactions |
Forex Educational Hub:
ORBEX offers a comprehensive Forex Educational Hub that provides market research and educational content for traders of all experience levels. The hub includes a variety of resources such as articles, tutorials, infographics, trading education, videos, and eBooks. These resources cover topics ranging from understanding forex trading platforms like MT4 to exploring the history of gold and learning about different trading strategies. The educational content is tailored to suit the needs of traders at various skill levels.
Webinars:
ORBEX conducts live FX webinars to help traders sharpen their skills and enhance their market understanding. These webinars are hosted by leading industry experts and cover a wide range of topics. Traders can participate in these free webinars to gain insights into market trends, trading strategies, and economic events. Additionally, past webinars are available for reference, allowing traders to access valuable educational material and enhance their trading knowledge.
Seminars:
ORBEX organizes informative and educational seminars to empower traders in making informed trading decisions. These seminars cover various aspects of trading, including fundamental and technical analysis, forex basics, and strategy-building support. Traders can attend these seminars to expand their knowledge, learn new trading techniques, and gain insights from industry professionals. ORBEX has conducted seminars in different locations, such as the MENA Seminar Tour in Egypt and Kuwait.
ORBEX offers a comprehensive range of customer support services to address your needs and provide assistance throughout your trading journey. Our experienced team is available 24/5 to address any queries or concerns you may have. You can reach the Customer Support team via email at support@orbex.com.
In addition, specialized departments are in place to handle specific areas of focus. The Back Office team can be contacted at backoffice@orbex.com, while the Dealing Desk is available at dealing@orbex.com. For sales inquiries, you can get in touch with the Sales team through sales@orbex.com.
ORBEX has departments for specific requirements, including White Label services, Introducers Brokers, Complaints, Human Resources, Marketing, Turkish Support, Arabic Sales, and Financial matters. The contact details for each department can be found on the official website. To provide immediate assistance, a live chat option is also available to connect with knowledgeable agents.
Feedback is highly valued. To submit your query, please complete the contact form on the official website. The form requires your name, email address, country, phone number, ORBEX account number (if applicable), and your message. The customer support experts will respond to your inquiry promptly.
Several negative reviews have been reported about ORBEX on WikiFX. Traders have expressed concerns about their inability to withdraw funds, accusing the broker of fraudulent activities and scams. Clients have claimed that ORBEX manipulates trades, keeps orders open after stop-loss, and exhibits slippage. Some reviewers have also stated that ORBEX fails to have a physical office in Mauritius as claimed. Overall, the reviews indicate dissatisfaction with ORBEX's withdrawal process and suspicions of fraudulent behavior.
In conclusion, ORBEX is a financial institution operating in the financial services industry. It is regulated by multiple authorities, including the United Kingdom's Financial Conduct Authority (FCA), the Federal Financial Supervisory Authority in Germany (BaFin), Banque de France in France, and the Cyprus Securities and Exchange Commission (CySEC). However, there are concerns regarding ORBEX's regulatory status, with abnormal classifications and potential issues raised by regulatory bodies. It is advisable to exercise caution and carefully consider the potential risks associated with ORBEX before engaging in any financial activities with them.
Q: Is ORBEX a legitimate financial institution?
A: ORBEX is regulated by authorities such as the FCA, BaFin, Banque de France, and CySEC. However, there are concerns and suspicions raised about its regulatory status, indicating potential issues. Caution is advised before engaging in any financial activities with ORBEX.
Q: What trading instruments are available on ORBEX?
A: ORBEX offers Forex, cryptocurrencies, commodities, stocks, and indices for trading.
Q: What types of trading accounts does ORBEX offer?
A: ORBEX offers Starter, Premium, and Ultimate trading accounts to cater to different trader preferences and needs.
Q: How can I open an account with ORBEX?
A: To open an account with ORBEX, visit their website, fill out the registration form, receive a confirmation email, log in to the client portal, fund your account, and start trading.
Q: What leverage options are available on ORBEX?
A: ORBEX offers leverage rates up to 1:500 for forex trading. Leverage rates for other instruments vary.
Q: What are the spreads and commissions on ORBEX?
A: ORBEX offers variable spreads starting from 1.7 pips for the Starter account, while the Premium and Ultimate accounts start from 0 pips. Commissions range from $0 to $8 per trade, depending on the account type.
Q: What are the deposit and withdrawal options on ORBEX?
A: ORBEX supports various payment methods, including debit/credit cards, eWallets, bank transfers, and cryptocurrency payments.
Q: What trading platforms does ORBEX offer?
A: ORBEX offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), FIX API, and the Orbex Mobile App for trading.
Q: What trading tools are available on ORBEX?
A: ORBEX provides access to Trading Central, a free VPS, calculator tools, and an economic calendar to assist traders in their decision-making process.
Q: What educational resources does ORBEX offer?
A: ORBEX provides a Forex Educational Hub with market research, articles, tutorials, videos, and eBooks for traders of all experience levels.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
Valutrades Review Summary in 10 Points | |
Founded | 2012 |
Registered Country/Region | United Kingdom |
Regulation | FCA |
Market Instruments | Forex, CFDs, commodities |
Demo Account | Available |
Leverage | 1:500 |
EUR/USD Spread | From 0.0 pips |
Trading Platforms | MT4, MT5 |
Minimum deposit | $0 |
Customer Support | Live chat, phone, email |
Valutrades is a global online forex and CFD broker that offers trading services for individuals and institutions. The company was established in 2012 and is headquartered in London, UK. Valutrades is regulated by the Financial Conduct Authority (FCA, License No. 586541) in the UK and the Financial Services Authority (offshore FSA, License No. SD028) in Seychelles. The broker offers multiple trading instruments, including Forex, Commodities, and CFDs with competitive spreads through the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.
Valutrades is regulated by FCA and offer multiple protection measures. The broker offers competitive spreads on a wide range of tradable instruments on the leading MT4 and MT5 trading platforms, along with excellent customer support.
However, they have limited account options, and some users have reported issues with slippage and withdrawals. Overall, Valutrades is a reputable broker with many positive features, but traders should exercise caution and thoroughly research before investing.
Pros | Cons |
• FCA-regulated | • Offshore FSA license |
• Multiple protection measures for client funds | • Clients from US, Blegium, Iran and the Democratic Peoples Republic of Korea are not accepted |
• No minimum deposit requirement | • Some reports of slippage and withdrawal issues |
• Free demo accounts available | • Limited range of trading assets |
• Both MT4 & MT5 supported | • Limited educational resources |
• Various payment methods supported | • No cryptocurrency trading |
• Multilingual customer support available |
There are many alternative brokers to Valutrades depending on the specific needs and preferences of the trader. Some popular options include:
AxiCorp - a regulated and well-established broker that offers a range of trading instruments and competitive trading conditions.
IronFX - a global broker with a wide range of trading instruments and multiple trading platforms, but some traders have reported issues with withdrawal and customer service.
FP Markets - a reputable broker that offers a variety of trading instruments, low spreads, and reliable trading platforms, making it a good option for both novice and experienced traders.
Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
Protection Measure | Detail |
• Regulation | • FCA |
• Guaranteed Negative Balance | • Yes |
• Banking with Top Tier Institutions | • Barclays and Lloyds Banks |
• Segregated Funds | • Yes |
• Investor protection | • £85,000 per person |
• Fully Encrypted Client Area | • PCI Complaint |
More details can be found in the screenshot below:
Based on the protection measures offered, Valutrades appears to be a reliable broker. The company is regulated by the FCA, and it offers guaranteed negative balance protection, banking with top tier institutions, segregated funds, and investor protection up to £85,000 per person. The fully encrypted client area also provides an additional layer of security for clients.
However, as with any investment, there is always some level of risk involved, and it is important for traders to do their own research and carefully consider their options before investing.
Valutrades offers investors access to a variety of over 100 tradable symbols across Forex, commodities, and CFDs. The forex instruments include major, minor, and exotic currency pairs. Commodities such as gold, silver, oil, and natural gas are available for trading. Additionally, the broker offers CFDs on popular indices such as UK100, US30, and GER30. With such a wide range of trading instruments, traders can diversify their trading portfolios and take advantage of different market conditions.
Live accounts: Valutrades provides traders with the option to choose from two types of live accounts, Standard and ECN, with no minimum deposit requirement.
Demo accounts: The MetaTrader demo accounts offer a variety of analytical indicators, EA, Economic calendars, and more. Users can set their own limit in terms of virtual funds, but note the account will expire if not used within a month.
Valutrades offers multiple leverage levels. The maximum leverage is 1:30 for major Forex, 1:20 for minor currencies, indices, and gold, and 1:10 for crude oil under the regulation of FCA, and 1:500 for crude oil, 1:20 for indices, and 1:100 for indices.
Main spreads on Forex: minimum spreads of 0.0 pips on EUR/USD and 0.2 pips on GBPUSD.
Major spreads for CFD products: 2 pips for DE30, 2 pips for UK100, 0.34 pips for US500, and 1.3 pips for US30.
Main spreads for commodities: from 0.14 pips for Gold USD, 0.32 pips for Gold EUR, 0.013 pips for Silver USD.
However, traders should note that there is a commission of 3 per lot per side for forex trading.
Below is a comparison table about spreads and commissions charged by different brokers:
Broker | EUR/USD Spread | Commission (per lot per side) |
Valutrades | From 0.0 pips | $3 |
AxiCorp | From 0.0 pips | $7 |
IronFX | From 0.1 pips | $13 |
FP Markets | From 0.0 pips | $6 |
Please note that these figures are subject to change and may vary depending on the specific account type and trading conditions offered by each broker. It's always important to review and compare the spreads and fees of different brokers before making a decision on which one to use.
Valutrades offers users a choice of two popular trading platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are available on desktop, mobile and web versions. Both platforms provide advanced charting tools, customizable technical indicators, and a user-friendly interface.
MT4 is widely recognized as one of the most popular trading platforms in the industry and offers a wide range of features including automated trading, multiple order types, and a comprehensive trading history.
MT5, on the other hand, is an updated version of MT4, providing more advanced features, including additional order types, a wider range of technical indicators, and the ability to trade in various markets from one platform. Both platforms are highly customizable, and traders can also use Expert Advisors (EAs) to automate their trading strategies.
Overall, Valutrades' trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders. See the trading platform comparison table below:
Broker | Trading Platforms |
Valutrades | MT4, MT5 |
AxiCorp | MT4, MT5, cTrader, AxiOne |
IronFX | MT4, MT5, Iron Trader, PMAM |
FP Markets | MT4, MT5, IRESS, WebTrader |
Valutrades supports credit/debit cards, Skrill, Neteller, bank transfers, etc. There is no minimum deposit for clients to fund via bank transfer or any charges from Valutrades.
Valutrades | Most other | |
Minimum Deposit | $0 | $100 |
However, sometimes a client may incur fees from their bank for sending a deposit to Valutrades. Most deposits are instant, while withdrawals can be processed within 24 hours or as soon as Valutrades approves your request. More details can be found on their website.
See the fee comparison table below:
Broker | Deposit Fee | Withdrawal Fee |
Valutrades | No fees | No fees |
AxiCorp | No fees | No fees for bank transfers, $20 for cards |
IronFX | No fees | $50 for bank transfers, $5 for other methods |
FP Markets | No fees for most methods, 3.5% for cards | No fees for most methods, $10 for bank transfers |
Note that fees may vary depending on the account type, payment method, and region. Please refer to each broker's website for the most up-to-date and accurate information.
Valutrades welcome any questions or queries regarding their services and accounts. Multilingual support is based in their head office which is in London, United Kingdom. They are available during office hours via live online chat, phone, WhatsApp, email, or send messages online to get in touch. Besides, you can follow them on some social networks including Twitter, Facebook, Instagram, YouTube and LinkedIn. There is also a Help Center on the Valutrades website.
Overall, Valutrades' customer service is considered reliable and responsive, with various options available for traders to seek assistance.
Pros | Cons |
• Multilingual support | • No 24/7 customer support |
• Live chat available | |
• Social media presence for easy communication | |
• Help center offered | |
• Quick response time for inquiries |
Note: These pros and cons are subjective and may vary depending on the individual's experience with Valutrades' customer service.
Valutrades offers an education section on their website with a variety of resources aimed at both novice and experienced traders. They offer regular webinars conducted by market experts, which cover various topics related to trading, including technical analysis, risk management, and trading psychology. Additionally, the blog section provides daily market analysis, economic news, and insights into market movements.
The educational materials are designed to help traders enhance their knowledge and skills, develop trading strategies, and make informed trading decisions. These resources can be accessed by anyone, regardless of their account type, and are completely free of charge.
On our website, you can see that some users have reported severe slippage and unable to withdraw. Please be aware and exercise caution when investing. You can check our platform for information before trading. If you find such fraudulent brokers or have been a victim of one, please let us know in the Exposure section, we would appreciate it and our team of experts will do everything possible to solve the problem for you.
Valutrades is a UK-based brokerage firm that offers multiple protection measures to ensure the safety of its clients' funds. It provides over 100 tradable symbols across forex, commodities, and CFDs with competitive trading conditions on the MT4 and MT5 platforms. Multilingual support is also available via various channels.
However, there are reports of severe slippage and difficulties in withdrawing funds from some users, which indicates that potential traders should exercise caution before investing. Overall, Valutrades' strong regulatory framework, diverse trading instruments, and user-friendly platforms make it a reputable brokerage firm worth considering for those looking for a reliable trading partner.
Q 1: | Is Valutrades regulated? |
A 1: | Yes. It is regulated by Financial Conduct Authority (FCA). |
Q 2: | At Valutrades, are there any regional restrictions for traders? |
A 2: | Yes. The information on their site is not intended for residents of the United States, Blegium, Iran and the Democratic Peoples Republic of Korea or by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. |
Q 3: | Does Valutrades offer demo accounts? |
A 3: | Yes. |
Q 4: | Does Valutrades offer the industry-standard MT4 & MT5? |
A 4: | Yes. Both MT4 and MT5 are available. |
Q 5: | What is the minimum deposit for Valutrades? |
A 5: | There is no set minimum deposit amount at Valutrades, but bear in mind the margin requirement of the instruments that you wish to trade. |
Q 6: | Is Valutrades a good broker for beginners? |
A 6: | Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 and MT5 platforms. Also, it offers demo accounts that allow traders to practice trading without risking any real money. |
To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).
To get a comprehensive understanding of how cheap or expensive orbex and valutrades are, we first considered common fees for standard accounts. On orbex, the average spread for the EUR/USD currency pair is From 0.0 pips, while on valutrades the spread is from 0.
To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.
orbex is regulated by CYSEC,FCA. valutrades is regulated by FCA,FSA.
When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
orbex provides trading platform including ULTIMATE,PREMIUM,STARTER and trading variety including --. valutrades provides trading platform including ECN Trading Account and trading variety including --.