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Alison Heyerdahl
Edited by
Author
Alison Heyerdahl
Edited by
Alison Heyerdahl
Head of Content

Alison Heyerdahl is the Head of Content at FxScouts, a Chartered Market Technician (CMT), and an experienced trader, as well as a financial writer with extensive expertise in Forex trading, broker analysis, and market research. She has reviewed 100+ brokers, publishes weekly YouTube trading videos, and co-hosts the “Let’s Talk Forex” podcast.

Learn more about Alison Heyerdahl
Author
Author
Chris Cammack
Partner Manager and Financial Writer

Chris Cammack is the Partner Manager and a financial writer at FxScouts. Chris builds and maintains our relationships with our partners to provide our users with the best Forex trading experience.

Learn more about Chris Cammack

Valutrades

Valutrades
4.25
Rate & review
How we review
Accepts SA Clients. Average spread EUR/USD 0.10 pips on trading account with lowest minimum deposit. Max leverage 500:1. Valutrades offers support for the MT4/MT5 platforms. Valutrades is regulated by the FCA & FSA (Seychelles). 62% of traders lose money with this provider.
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62 of retail CFD accounts lose money with this provider

Available to traders in %s

Min deposit

USD 5

Regulated By

FCA, FSA-Seychelles

Trading Cost

USD 7

Leverage

500:1

Copy Trading

Yes

Platforms

MT4, MT5

Instruments

Commodities, Cryptocurrencies, Forex, Indices

Valutrades Broker Review

Established in 2012, Valutrades is a well-regulated ECN broker with a focus on providing an optimal trading environment for serious beginners and more experienced traders.  However, Valutrades only offers a single live account and a limited range of tradable assets compared to other brokers.  


With one live ECN account, Valutrades offers trading on various trading instruments, including over 74 Forex pairs, commodities, and indices.   Valutrade’s trading conditions are excellent compared to most other ECN brokers, with spreads starting at 0.10 pips in exchange for a commission of 3 USD per lot per side and no minimum deposit requirements.  With support for MT4 and MT5, experienced traders will appreciate the range of tools on offer, including various technical and sentiment indicators, and FIX API, an application-based trading interface that allows clients to program their own trading strategies and run algorithms.  


Valutrades’ education and market analysis are also both excellent and cater to traders of all experience levels.


Overall, Valutrades is an excellent choice of broker for serious beginner traders and more experienced Metatrader users looking for a new broker.
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Accepts SA Clients. Average spread EUR/USD 0.10 pips on trading account with lowest minimum deposit. Max leverage 500:1. Valutrades offers support for the MT4/MT5 platforms. Valutrades is regulated by the FCA & FSA (Seychelles). 62% of traders lose money with this provider.

Pros

  • Tight spreads
  • Great platform choice

Cons

  • Limited account options
Rating Reviews
4.25

Valutrades Overall Summary

Trust Rating
4
Trading Conditions
5
Platforms
4.5
Education
4.5
Beginner Friendly
4
Assets Available
3.5
Analysis Research
3
Deposit & Withdrawal
4.5
Overall Rating
4.25
/ 5
Base Currencies
AUD, CHF, EUR, GBP, JPY, USD, ZAR, NZD
Number of FX Pairs
80
Crypto Pairs
0
Copy Trading
Yes
Hedging Allowed
Yes
Scalping Allowed
Yes
Islamic Account
No
Account Name
Standard
Commission
6 USD / Lot
EUR/USD
0.10
GBP/USD
0.40
USD/JPY
0.10
Negative Balance Protection
No
Company Name
Valutrades (Seychelles) Ltd
Founded
2012
Website
www.valutrades.com
Website Language
English
Support Language
English
Office Locations
United Kingdom, Seychelles
Support Email Address
[email protected]
FP Markets FP Markets

Deposit & Withdrawal

astropay
banktransfer
dinersclub
giropay
ideal
klarna
maestro
mastercard
neteller
paypal
paysafecard
poli
skrill
sticpay
trustly
visa

Supported Platforms

Best MT4 Forex Brokers
Best MT5 Forex Brokers
Valutrades

Ready to trade with Valutrades?

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Valutrades is a safe broker to trade with. It maintains regulation from the FCA in the UK and the FSA of Seychelles. South African traders can choose to trade with Valutrades UK or Valutrades Seychelles.

Is Valutrades Safe?

Valutrades UK or Valutrades Seychelles: When choosing between Valutrades UK or Valutrades Seychelles to trade with, remember that an account in the UK will have access to the Financial Service Compensation Scheme up to a loss of 85000 GBP. It will also guarantee negative balance protection, which means you will never owe your broker any money. However, your UK account will only allow a leverage up to 30:1. When trading in the Seychelles, you don’t have access to the FSCS and negative balance protection is not guaranteed, but your leverage can be a lot higher: up to 500:1.

Opening an Account at Valutrades

All South African residents are eligible to open an account at Valutrades. The account opening process at Valutrades is user-friendly and fully digital, and accounts are ready for trading within one day.

New traders click on the “Open a Live Account” button at the top of the page, where they will be directed to register an account with either Valutrades UK or Valutrades Seychelles.

Traders must fill in their details, including name, email address, physical address, date of birth, account type (leverage level), and account currency.  

Valutrades requires at least two documents to accept you as an individual client.

Proof of Identification – Valutrades accepts all government-issued identification documents such as Passports, national ID cards, driving licences, or other government-issued ID. 

Proof of Address – Proof of residence/address document must be issued in the name of the Valutrades’ account holder within the last 6 months and must contain a trader’s full name, current residential address, issue date, and issuing authority. 

After the application is approved, traders can log in and fund their accounts. We advise that you read Valutrades’ risk disclosure, customer agreement, and business terms before trading. 

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Valutrades’s Trading Instruments

Valutrades’ range of financial instruments to trade is not as wide as most other brokers, with no shares nor specialty CFDs such as ETFs.Its range of financial instruments for trading includes indices, Forex and commodities.

Available Assets and Leverage

Besides the wide selection of Forex pairs, Valutrades has a small range of CFDs.  That said, the range within each asset class is broader than for most other brokers.   

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Valutrades Accounts and Trading Fees

Valutrades provides one live ECN account with no minimum deposit requirements on two different platforms (MT4 and MT5), which is suitable for both beginners and more experienced traders. 

Trading Fees

Trading costs are 7 USD on Valutrade’s account, which is significantly lower than the costs at other brokers.  Most other brokers have a trading cost of 9 USD per lot of EUR/USD traded, making Valutrades one of the lowest cost brokers in the industry.

Trading Accounts

Valutrades allows all trading strategies, including scalping, hedging, copy trading, and automated trading. However, it does not offer Islamic accounts (swap-free).

Account Specifications

Valutrades’ single account requires no minimum deposit. Spreads start at 0.10 pips pips on the EUR/USD, some of the tightest in the industry; and a reasonable commission of 3 USD per lot per side is charged.  

Demo Accounts

Valutrades offers a free unlimited demo account where clients can test out trading strategies with virtual funds. The customer support team is available to help with any account setup or technical difficulties. 

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Valutrades's Trading Platforms

Valutrades offers CFD trading on MT4 and MT5, available on iOS, Android, and Windows devices, providing average platform support compared to other brokers.

Mobile Platforms

Valutrades’ mobile platform support is average compared to most other brokers.  

MT4 and MT5 Apps

Valutrades offers MT4 and MT5 for both Android and iOS. Although there is slightly limited functionality compared to the desktop versions of the platforms, with reduced timeframes and fewer charting options, traders will still have access to analytics with technical indicators, graphical objects, and a full set of trading orders. 

Trading Platform Comparison

Broker
Platform Choice
Copy Trading
Platforms
Valutrades
4.5
/ 5
Read Review
Yes
MT4
MT5
Plus500
4
/ 5
Read Review
No
Plus500
FP Markets
5
/ 5
Read Review
Yes
MT4
MT5
cTrader
TradingView

Desktop Trading Platforms

Valutrades offers CFD trading on MetaTrader4 (MT4) and MetaTrader5 (MT5), two of the industry’s leading platforms. Both provide automated trading systems with expert advisors (EAs) and are simple to navigate yet offer a powerful range of features, charts, and analysis tools. 

The benefit of Valutrades offering third-party platforms such as MT4 and MT5 is that traders can take their own customised version of the platform with them should they choose to migrate to another broker. Additionally, there are thousands of plugins and tools available for the MetaTrader platforms.  

MetaTrader 4

Like most other brokers, the Valutrades MT4 platform is the standard version with 24 graphical objects and 30 built-in indicators. Only the basic orders are available, Market, Limit, Stop, and Trailing Stop as well as Algorithmic trading. The MT4 platform is also fully customisable.

MetaTrader 5

MT5, the newer version of MT4, is also available at Valutrades. The difference between the two platforms is that MT4 is a Forex-only platform, while MT5 allows trading on all the assets available at Avatrade. We recommend using MT5 if you want a more powerful and faster trading platform for back-testing functionality and automated trading algorithms. Additionally, traders prefer MT5 for its depth of market display, additional technical indicators, and analytical tools. 

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Valutrades Deposits and Withdrawals

Overall, Valutrades offers a wider range of funding methods than most other brokers, and deposits and withdrawals are generally free. 

Account Currencies and Funding Options

No ZAR Accounts: At Valutrades, traders can choose from five base currencies through the UK-regulated entity, including AUD, USD, EUR, GBP and JPY.  However, if traders choose the Seychelles-based entity, they can only select USD.  Traders should consider this trade-off before selecting the entity under which they prefer to trade.  South African traders using Rand-based accounts will pay currency conversion fees on all deposits and withdrawals.   

There is no minimum deposit for clients to fund via bank transfer or any charges from Valutrades. However, sometimes a client may incur fees from their bank for sending a deposit to Valutrades, which will be refunded after sending proof of the charge.

Be aware that even though you can make deposits in ZAR, you cannot trade with a ZAR account.

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Valutrades’s Research and Trading Tools

Valutrades offers a limited number of trading tools and research compared to most other brokers. However, they provide a well-organized selection of market analysis materials.

Trading Tools

Valutrades offers its traders FIX API and a VPS service for traders who trade more than 10 lots per month. It also offers a basic sentiment indicator on some of the major Forex pairs, in addition to seven different custom indicators for its MT4 platform.  Most other brokers will offer comprehensive technical analysis tools such as Autochartist or Trading Central to help traders make better trading decisions, which is unavailable at Valutrades.

Fix API

FIX API uses the Fix Protocol method of trading, allowing clients to trade directly on Valutrade’s ECN matching engine. FIX API is an application-based trading interface that allows clients to program their own trading strategies in FIX protocol, and run algorithms. FIX API commissions start at USD 30 per million USD traded. The minimum deposit for FIX API is USD 10,000, and the highest possible leverage is 100:1 on Valutrades Limited (professional client) and Valutrades Seychelles.  Users are given direct market access to forex, CFDs, and commodities. Fix Protocol is suitable for anyone with API knowledge.

Traders will need to contact customer support and submit their email addresses to set up their FIX API account.

VPS

Valutrades VPS has partnered with BeeksFX to provide a discounted VPS service to clients. As one of the largest Forex VPS providers, BeeksFX gives users access to very low latency networks and expert advisors. 

VPS hosting allows traders to run automated algorithmic strategies, including expert advisors 24 hours a day 7 days a week on a virtual machine. VPS services have the advantage of never suffering connectivity issues and have extremely low latency due to their proximity to major international exchanges. 

Valutrades’ VPS services are offered for free to clients who trade more than 10 lots per month. 

Sentiment Indicator

Valutrades’ sentiment indicator allows its clients to measure traders’ consensus towards global currency pairs.  However, these are limited to EUR/USD, XAU/USD, USD/JPY, GBP/USD, and AUD/USD.   

MT4 Trading Indicators

Valutrades offers MT4 trading indicators, which help identify break and support lines and entry and exit points. These include:

  • Double Top/Bottom Chart Patterns
  • Inside Out Bars
  • Three Strike Pattern
  • Support Resistance Lines
  • RSI CCI Divergence
  • Doji Pattern
  • Hammer Pattern

Traders will receive access to one of the seven trading indicators after opening a live account. 

Trading Tools Comparison

Broker
Economic Calendar
Autochartist
Trading Central
Trading View
Free VPS
VPS services are usually offered free with a minimum trade volume, otherwise a monthly subscription fee will apply. VPS services are usually hosted by third-party companies.
Valutrades
Yes
No
No
No
Yes
Plus500
Yes
No
No
No
No
FP Markets
Yes
Yes
No
Yes
Yes

Market Analysis

Valutrades has an in-house market and research team. It offers various market analysis materials, including trading news and daily market news with commentary and updates to guide trading.  It also offers an economic calendar, custom indicators for MT4, and various sentiment indicators.

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Valutrades’s Educational Material

Valutrades provides a well-organized selection of educational resources. You can find these in their Guides section. 

Blogs, Videos and Guides

Valutrades’ excellent written educational materials help traders develop skills to improve trading performance.  Several guides have been compiled and cover topics ranging from beginner forex tips to trading strategies.  

The blog posts cover trading strategies, updates on new trading products and services, news commentary, and updates to guide your trading. 

Valutrades Education

Valutrades offers a range of videos, all available for free on its YouTube channel.  Video tutorials cover various topics, including Forex Trading, Market Analysis, Trading Psychology, Trading Strategies, MT4/MT5 indicators, and CFDs.  

You’ll also find excellent trading guides that cover the basics of Forex trading, in addition to risk management and How to Develop a Forex Trading Plan, among others.  

Education Comparison

Broker
Beginner Course
Advanced Course
Well Structured Education
Education Quality
Webinars
Valutrades
Yes
Yes
Yes
High
Yes
Plus500
No
No
No
Low
No
FP Markets
Yes
No
Yes
High
Yes
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Valutrades’s Customer Service

Customer support is available during business hours, five days a week, via email, live chat, and telephone in Chinese, English, and Portuguese.  

24/5 Customer support

For the purposes of this review, we found the customer service to be responsive, knowledgeable, and polite.

How We Score and Rank Forex Brokers

At FxScouts, our Broker Score and Trust Rating are designed to provide traders with an objective, data-driven evaluation of forex brokers. We continuously refine our methodology to reflect market changes, ensuring transparency and accuracy in our rankings.

Our independent review process analyzes 200+ data points across seven key categories, incorporating:

  • Regulation & Trustworthiness – Regulatory status, security measures, and broker reputation
  • Trading Costs & Fees – Spreads, commissions, and hidden charges
  • Platforms & Execution – Trading tools, execution speed, and user experience
  • Asset Selection: Forex, stocks, and other available instruments
  • Deposit & Withdrawal – Processing times, local banking support, and transaction costs
  • Education & Research – Quality of learning resources for beginners and experienced traders
  • Customer Support – Response times, multilingual service, and problem resolution


To ensure fairness and transparency, we independently verify broker claims and integrate real-user feedback, regulator data, and live trading tests. The radar chart to the left illustrates the weight of each category in our final scoring system.

Why Our Reviews Set the Standard

Every broker we recommend meets strict trust and safety criteria and is tested for reliability, transparency, and overall trading experience.

Valutrades Risk Statement

Valutrades Risk Statement

Trading Forex is risky, and each broker is required to detail how risky the trading of Forex CFDs is to clients. Valutrades would like you to know that:  CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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User Reviews

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Meet the Experts Behind Our Unbiased Reviews

Chris Cammack

Partner Manager and Financial Writer

Chris Cammack
Chris Cammack is partner manager and senior financial writer at FxScouts, specialising in broker relations and forex market analysis. As the former Head of Content (2019–2024), he set editorial standards for all content published at FxScouts, including broker reviews, broker comparison pages and education. With over a decade of experience in editorial management and partner relations, Chris builds and maintains our relationships with our partners to provide the best Forex trading experience for our users. Healso co-hosts the “Let’s Talk Forex” podcast with Alison Heyerdahl, where he explores trading strategies, industry news, and macroeconomic trends to help traders navigate the markets with confidence.

Alison Heyerdahl

Head of Content

Alison Heyerdahl
Alison Heyerdahl is the Head of Content at FxScouts, a Chartered Market Technician (CMT), an experienced trader, and a financial writer with extensive hands-on experience in the Forex trading industry. She specialises in Forex trading, broker analysis, and market research, with a focus on helping traders navigate the complex world of online trading safely and confidently. Alison has tested and reviewed more than 100 Forex brokers, assessing everything from regulatory status and trading conditions to platform features and customer support. Her goal is to provide honest, detailed, and practical insights that traders can rely on when choosing a broker. She’s also produced more than 100 educational videos for the FxScouts YouTube channel, where she explains trading concepts in a clear, accessible way. As the co-host of the “Let’s Talk Forex” podcast, Alison shares expert commentary on broker reliability, trading strategies, and market developments—always with a focus on transparency and trader protection.

Stefan de Clerk

Financial Writer

Stefan de Clerk
Stefan is a financial writer and Forex trading enthusiast with over a decade of experience creating in-depth content on finance and technology. His deep interest in geopolitical events, big data, and market sentiment fuels his passion for analyzing how global factors shape financial markets. With a background in marketing and financial research, Stefan believes that Forex trading offers the best insight into the pulse of the world economy. Committed to delivering well-researched, unbiased, and objective information, he helps traders navigate the markets with clarity and confidence.
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