Valetax

WikiFX | 2025-01-24 15:53

Abstract：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 bad reviews about scams.

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 Information

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 and Cons

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

Is Valetax Legit?

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.

What Can I Trade on Valetax?

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	✔

Account Type

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

Valetax Fees

The spread is from 0.0 Pips, the commission is 0. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:2000 meaning that profits and losses are magnified 2000 times.

Trading Platform

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

Deposit and Withdrawal

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.