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Score
Mauritius
Suspicious Regulatory License
MT4 Full License
High potential risk
Benchmark
Influence
Add brokers
Comparison
Quantity 10
Exposure
Score
Regulatory Index0.00
Business Index5.67
Risk Management Index0.00
Software Index9.55
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
Valetax International Limited
Company Abbreviation
Valetax
Platform registered country and region
Mauritius
Company website
X
Company summary
Pyramid scheme complaint
Expose
No one can touch his money, it cannot be withdrawn at all, and it is blocked.
I'm extremely disappointed with this broker's service. I closed a buy position at 2677.11, but the broker actually closed it at 2676.77, despite stable market conditions. This caused my balance to unfairly decline, leading to losses. When I submitted a complaint and attached supporting evidence, my complaint was ignored, with only general excuses like "operator error" given, with no attempt to explain or substantiate the issue in detail. If you value honesty and transparency, you should look for a more trustworthy broker.
Scam platform, expose it, this broker cheats customers by widening the spread, don’t be fooled!It's completely different from what the agent said. In trading, they often maliciously widen the spread.
This is definitely a scam! Be careful! Valetax stole my initial 500 USDT deposit from my MT5 account. They refused to refund and have cut off all communication. These people are scammers!
This broker is exposing malicious slippage that causes losses. This platform is a scam! Don't trust it.
When the US non-farm payroll data was released, the platform's market data was delayed by over 10 seconds, completely screwing me! At the time, the price of gold had already skyrocketed by 8 points in the international market, but Valetax's market remained at the original price. I placed a buy order based on the listed price, but by the time it was executed, the price had already risen by 12 points, instantly costing me $600. Customer service said, "Data source delays are normal." Normal? Other platforms only have a delay of 1-2 seconds at most. Valetax was deliberately misleading users with delayed data! Even worse, when I asked for compensation, customer service blocked my messages and refused to even respond. Platforms like this that use fake market conditions to scam users should be shut down by regulators!
I deposited money with Valetax to try their copy trading. I initially saw some profit, but then the broker executed a trade that shouldn't have happened. This resulted in a complete loss of my profits. I hope they can resolve this issue soon.
What does this mean? I noticed that the funds in my account were deducted. I don't know why, but I have contacted their customer service. This is not a good thing. Be careful with this broker.
I recommend avoiding this platform, as it destroy copied accounts and trick clients into depositing more funds to maintain their positions.
The platform's PayPal cross-border deposit system is a serious scam! Last week, I transferred €2,000 via PayPal. PayPal showed "transfer successful," but Valetax kept saying "funds not received." I provided the PayPal transaction receipt, but customer service delayed the process for five days, finally stating that "the system identified this as an abnormal transaction and the funds have been frozen." To unfreeze the funds, I needed to pay a €1,000 "security deposit." This is pure extortion! I contacted PayPal to file a complaint, and learned that Valetax was deliberately delaying confirmation to defraud me of my security deposit. Other international platforms confirm PayPal deposits instantly, but Valetax is the only one engaging in this despicable scheme. I've already reported this to the European Consumer Association and will not let them off the hook!
Valetax Review Summary | |
Founded | 2023-04-28 |
Registered Country/Region | Mauritius |
Regulation | Offshore regulated |
Market Instruments | Currency pairs/Indices/Metals/Crypto/Energies |
Demo Account | ❌ |
Leverage | Up to 1:2000 |
Spread | From 0.0 Pips |
Trading Platform | MT4/MT5(Desktop(Windows/MacOS)/Mobile(Android/iOS)/Web) |
Min Deposit | $1 |
Customer Support | Phone: +6569315022 |
Email: contact@valetax.com | |
Live chat | |
Instagram/LinkedIn/Twitter/Facebook |
VALETAX INTERNATIONAL LIMITED is a Mauritius investment dealer specializing in online investment and trading services. The tradable instruments include currency pairs, indices, metals, crypto, and energies. The broker also provides six accounts with a maximum leverage of 1:2000. The minimum spread is from 0.0 pips and the minimum deposit is $1. Valetax is still risky due to its offshore regulated status, high leverage, and some bad reviews.
Pros | Cons |
Commission free | Offshore regulated |
24/7 customer support | Demo account unavailable |
MT4/MT5 available | High max leverage |
Spread from 0.0 Pips | Some negative comments |
Various tradable instruments |
FSC regulates Valetax with license number GB21026312 and License Type Retail Forex License. However, the 'offshore regulated' current status is not as safe as the regulated one.
Valetax offers access to 6 asset classes, including forex (over 60currency pairs), indices, metals, crypto, and energies.
Tradable Instruments | Supported |
Indices | ✔ |
Metals | ✔ |
Crypto | ✔ |
Currency pairs | ✔ |
Energies | ✔ |
Valetax has six account types: cent, standard, ECN, booster, bonus, and Pro. Traders who want low spreads can choose an ECN account and those who prefer low leverage can choose a bonus account, while those with a sufficient budget can open a pro account. Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus).
Account Type | Cent | Standard | ECN | Booster | Bonus | PRO |
Minimum Deposit | $1 | $1 | $50 | $1 | $1 | $500 |
Leverage | Up to 1:1000 | Up to 1:2000 | Up to 1:2000 | Up to 1:2000 | Up to 1:500 | Up to 1:2000 |
Margin call/ Stop Out | 60% / 30% | 60% / 30% | 60% / 30% | 60% / 30% | 60% / 30% | 60% / 30% |
Commission | No | No | $4 | No | No | No |
Spreads | From 1.2 pip | From 1.2 pip | From 0 pip | From 2.0 pip | From 2.0 pip | From 0.6 pip |
The spread is from 0.0 Pips, the commission is 0. The lower the spread, the faster the liquidity.
The maximum leverage is 1:2000 meaning that profits and losses are magnified 2000 times.
Valetax cooperates with the authoritative MT4 and MT5 trading platforms, which are available on Desktop(Windows/MacOS), Mobile(Android/iOS), and Web. Junior traders prefer MT4 over MT5. While traders with rich experience are more suitable for using MT5. Both MT4 and MT5 provide various trading strategies and implement EA systems.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Desktop(Windows)/Mobile(Android/iOS)/Web | Junior traders |
MT5 | ✔ | Desktop(Windows/MacOS)/Mobile(Android/iOS)/Web | Experienced traders |
The first deposit amount must be $1 or above. Valetax accepts FPX, GrabPay, Neteller, PM, Visa, Mastercard, and more for deposit and withdrawal. Payments are instant through Online Banking and Electronic Payments, while processing times for Local deposit and Crypto USDt are within 4 hours.
In the world of forex and CFD trading, success is not only about growing your own account but also about leveraging your skills to earn more. That is where becoming a Valetax Money Manager comes in. W
Forex copy trading allows both beginners and busy traders to benefit by following the strategies of experienced professionals. Success in copy trading depends not only on choosing the right trader but
Every trading style comes with its own set of challenges. Day traders need speed and accuracy, scalpers thrive on split-second decisions, and swing traders rely on spotting trends before they fade. Th
We will analyze the characteristics of this broker from multiple perspectives, providing you with simple and organized information.
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User comment
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