Valuta Markets is an offshore CFD broker, that launched their trading platform in October 2021. This broker claims to have been established 10 years ago, when they are in fact a brand new broker.
They are officially owned by MVE Holdings Limited, which is located in the Marshall Islands. Contact phone number is either: U.K. +441133204819 or Chile +56967088580.
Contact email address is: [email protected]. Official website: https://valutamarkets.com/.
Valuta Markets Reviews
Our review of the new broker Valuta Markets finds, that day traders / investors only have access to the basic MT4 trading platform. The brokers website shows that they offer a web-based trading platform, but that is not available yet. You will find a wide variety of underlying assets for trading (Over 250) including; Forex / Currency pairs, Commodities (Oil, Gold, Silver), Market Indexes and CFD’s for shares trading.
Many new investors look for offshore brokers with high 400:1 leverage, because they think they’ll make money easier that way. Reality proves that trading with high leverage is very risky, and since new traders don’t understand the risks, they quickly lose all their money.
Minimum deposit required for a new trading account at Valuta Markets is actually $250. Like all MT4 brokers, you can create multiple trading accounts denominated in Dollars, Euro or Pounds. Deposits can be made via Credit Card, Bitcoin or USDT. They use the payment providers LionPay, CoinPayments or VaultsPay. Shortly after you join this broker, you will probably receive a phone call from their salesman asking for a large deposit.
Bottom Line: CFD trading is not a long term solution for building wealth. Most people trading CFDs are looking to make short term money.
Is Valuta Markets Legit?
No, Valuta Markets is not licensed or regulated by any of the reputable government regulators. If you have a complaint or are having problems making a withdrawal, read this.
When the Scam Broker Investigator reviews a new Forex or Crypto broker to determine if they are legit or a scam, we first look for a valid brokers license. In recent months, we have seen many scam unlicensed brokers, disappear and go out of business. The best brokers are always licensed by ASIC Australia, the FCA in England or your local governments financial regulator.
Smart investors will always use a licensed broker, because of the protection you are afforded from their financial regulator.
Scam Trading Apps
We have reviewed many automated trading apps which claim to offer a free auto-trading system, to make easy money by trading CFDs. After registering for a trading app, they direct investors to offshore brokers that are not regulated.
What happens next, is that there is not trading software, and it was simple a ploy for you to signup at an offshore broker. When looking for automated trading solutions, check out a licensed broker like AvaTrade.
Compare Forex Brokers
Smart investors always review a few different brokers before making a final decision, See the best brokers list.
ForTrade is a popular broker in Canada, Australia and Europe, that is licensed and authorised by the FCA and ASIC, see here.
See a Free Demo Account at: ForTrade.com.
What was your experience investing with the brokers at Valuta Markets? Please share your review in the comments section below.