Important, time-sensitive update: multiple trade-press outlets report that Valutrades paused onboarding new clients across both its FCA entity (Valutrades Limited, FRN 586541) and this Seychelles entity starting around August 2026, with a reported trading cutoff of 28 August 2026, forced closure of open positions on 12 September 2026, and a full stop of client services from 14 September 2026. Valutrades' CEO publicly denied a full market exit, describing it instead as a "strategic client portfolio review," and as of early September 2026 the firm remained listed on both the FCA and Seychelles FSA registers -- but this is an active, disputed situation (press reports a shutdown; the company denies a full exit), so confirm Valutrades' current operating status directly before relying on anything else in this review. Financial backdrop: cumulative losses reportedly exceeded GBP6 million across 2023-2024, followed by a GBP600,000 capital injection in March 2026. Valutrades is a well-documented ECN-style multi-asset broker (forex, commodities, equity index CFDs); the FCA entity's own earlier brand, ForexVox, was rebranded to "MarketsVox" in January 2024 and is also reviewed separately on this site.
| Regulated entity | Valutrades (Seychelles) Limited |
|---|---|
| Regulation | FCA No. 586541 + FSA Seychelles-licensed (licence number unconfirmed) |
| Other Tier-1 regulators | None confirmed |
| Founded | 2012 |
| Headquarters | London, UK |
| Minimum deposit | Not independently confirmed |
| Avg. spread (EUR/USD) | Not independently confirmed |
| Platforms | MT4, MT5 |
| Instruments | 50-80+ forex pairs plus indices and commodities CFDs; share CFDs are also mentioned by some sources, and crypto availability is inconsistently reported (one 2021 review omits it). |
See Valutrades's full regulation dossier → · How to check whether a forex broker is regulated
Derived from the same confirmed data behind this broker's score (regulation, cost, platforms, deposit minimum) -- not a separate editorial judgment.
Via its FCA-regulated UK entity, eligible clients are covered by the UK's Financial Services Compensation Scheme (FSCS) up to £85,000 per person if the firm fails. Via its Seychelles FSA-licensed entity, there is no statutory investor compensation scheme -- if that entity fails, there is no guaranteed fund to recover client money from.
Beyond the headline spread and minimum deposit above. Where our research hasn't independently confirmed a specific detail, we say so rather than guess -- verify directly with the broker before relying on it.
| Account types | Sources disagree: one describes "STP Raw" and "STP Standard" tiers, while another independent source states Valutrades effectively has only one account type, criticizing it as inflexible. Maximum leverage 1:400. Minimum deposit figures also disagree across sources and dates (as low as $1 in one recent source, $100 in an older review). |
|---|---|
| Execution model | Marketed as STP/ECN-style raw-spread execution via a FIX 4.4 API giving direct market access, though this wasn't independently confirmed as distinct from a market-maker model. |
| Withdrawals & deposits | Sources disagree: one states there's no minimum deposit requirement, another says fees apply to certain withdrawal methods without itemizing them. The standard account is commission-free (spread-only pricing). See the active business-disruption situation disclosed in the blurb above before relying on any of this. |
| Overnight financing (swap) | Not found with calculation detail; Islamic/swap-free availability wasn't independently confirmed for this specific entity. |
| Currency conversion cost | Not found -- no specific fee or percentage was located. |
| Inactivity fee | A generic reference to a fee after 6+ months of dormancy was found, but no Valutrades-specific amount or exemption policy was verified. |
| Customer service | One regional Trustpilot page shows a very strong 5.0/5 from 488 reviews, though it's not confirmed whether this is the full global aggregate or a regional subset. One independent reviewer also praises support responsiveness and fast account setup -- all predating the business-disruption situation disclosed above. |
| Mobile experience | Not found -- no app-store rating was located. |
| Educational offering | Not found -- no independent commentary was located. |
See how Valutrades's spread cost compares across every researched broker → · Forex broker fees explained
Is Valutrades regulated?
Yes -- FCA No. 586541 + FSA Seychelles-licensed (licence number unconfirmed). See the regulation dossier on this page for the underlying licence numbers.
Is my money protected if Valutrades fails?
Via its FCA-regulated UK entity, eligible clients are covered by the UK's Financial Services Compensation Scheme (FSCS) up to £85,000 per person if the firm fails. Via its Seychelles FSA-licensed entity, there is no statutory investor compensation scheme -- if that entity fails, there is no guaranteed fund to recover client money from.
What is the minimum deposit at Valutrades?
Not independently confirmed in our research -- verify directly with the broker.
What trading platforms does Valutrades offer?
Valutrades offers MT4, MT5.
What is Valutrades's average spread on EUR/USD?
Not independently confirmed in our research -- verify directly with the broker.
When was Valutrades founded?
Valutrades was founded in 2012.
How is Valutrades's overall score calculated?
Valutrades currently scores 2.56/5 overall under our disclosed nine-category methodology -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5%. It is not a comparison to other brokers and not based on hands-on testing.
A dated log of when our own published data about this broker actually changed -- not a reconstructed history of what the broker itself did. See the full change log tool for every broker.
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