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Valetax -

Score

5.91 /10
Average

Valetax

Mauritius

1-2 years

Regulated in Mauritius

Retail Forex License

MT4 Full License

Regional Brokers

Medium potential risk

Offshore Regulated

https://valetax.com

Benchmark

B

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Comparison

Quantity 2

Exposure

Open Account
Website

Score

Regulatory Index4.62

Business Index5.22

Risk Management Index8.90

Software Index9.29

License Index4.62

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Valetax International Limited

Company Abbreviation

Valetax

Platform registered country and region

Mauritius

Company website

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Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts
Previous Detection : 2025-02-03
  • The Mauritius FSC regulation with license number: GB21026312 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

Valetax · Benchmark
Average transaction speed(ms)
631.8 Poor
The highest transaction speed(ms)
359 Poor
The highest speed of opening positions(ms)
390 Poor
The highest speed of closing position(ms)
359
The lowest speed of opening positions(ms)
1984 Poor
The lowest speed of closing position(ms)
1937
Ranking： 80 / 120
Test user 276
Transactions 4,947
Ocuppied margin $201,038 USD
Data Source WikiFX Data provide
Updated: 2025-01-31 01:01:00

Exposure

2 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

I submitted a request to depos

I submitted a request to deposit $100 and it was already completed and I earned $145. My balance remains 245. I submitted a withdrawal request of 245 and the request was rejected. I asked what happened. They told me a strange message and I don’t know if we have a scam company.

FX2163060225
2024-05-10 00:01
Scam

THIS BROKER SCAM MY PROFIT

Valetax is a scam broker. They let customers to deposit money, receive bonuses, and engage in trades without any restrictions. However, they later deleted all the profits I made from the trade on November 26, 2024, without any clear evidence, just a few lines of text in an email, and they wiped out all of my profits. If anyone is trading CFDs, it's best to remove this broker from your list. Otherwise, you will be the one losing time and money when trading on this Valetax broker.

Soth
2024-11-28 18:57
Valetax · Company summary
Valetax Review Summary
Founded2023-04-28
Registered Country/RegionMauritius
RegulationOffshore regulated
Market InstrumentsCurrency pairs/Indices/Metals/Crypto/Energies
Demo Account❌
LeverageUp to 1:2000
SpreadFrom 0.0 Pips
Trading PlatformMT4/MT5(Desktop(Windows/MacOS)/Mobile(Android/iOS)/Web)
Min Deposit$1
Customer SupportPhone: +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.

Valetax Information

Pros and Cons

Pros Cons
Commission freeOffshore regulated
24/7 customer supportDemo account unavailable
MT4/MT5 availableHigh max leverage
Spread from 0.0 PipsSome 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.

Is Valetax Legit?
Is Valetax Legit?

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✔
What Can I Trade on Valetax?

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 CentStandardECNBoosterBonusPRO
Minimum Deposit$1$1$50$1$1$500
LeverageUp to 1:1000Up to 1:2000Up to 1:2000Up to 1:2000Up to 1:500Up to 1:2000
Margin call/ Stop Out60% / 30%60% / 30%60% / 30%60% / 30%60% / 30%60% / 30%
CommissionNoNo$4NoNoNo
SpreadsFrom 1.2 pipFrom 1.2 pipFrom 0 pipFrom 2.0 pipFrom 2.0 pipFrom 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 PlatformSupported Available Devices Suitable for
MT4✔Desktop(Windows)/Mobile(Android/iOS)/WebJunior traders
MT5✔Desktop(Windows/MacOS)/Mobile(Android/iOS)/WebExperienced 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.

Deposit and Withdrawal

News

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2024-11-13 17:17
Valetax Review: A Comprehensive Examination of Innovation, Excellence, and Global Reach

NewsExpanding Horizons: Valetax’s Global Growth and Commitment to Excellence

In an increasingly interconnected world, Valetax has emerged as a frontrunner in the forex industry, demonstrating an unwavering commitment to expansion, innovation, and excellence. The company is exp

WikiFX
2024-11-07 17:41
Expanding Horizons: Valetax’s Global Growth and Commitment to Excellence

ExposureWikiFX Broker Assessment Series | Is Valetax Reliable?

We will analyze the characteristics of this broker from multiple perspectives, providing you with simple and organized information.

WikiFX
2024-01-30 16:36
WikiFX Broker Assessment Series | Is Valetax Reliable?
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FX4205239651
0-3months
Proses pembukaan akun cepat. Client area mudah utk dipahami. Customer service 24hour. WD cepat. No problem so far.
Proses pembukaan akun cepat. Client area mudah utk dipahami. Customer service 24hour. WD cepat. No problem so far.
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2024-12-10 10:40
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Soth
0-3months
Valetax is a scam broker. They let customers to deposit money, receive bonuses, and engage in trades without any restrictions. However, they later deleted all the profits I made from the trade on November 26, 2024, without any clear evidence, just a few lines of text in an email, and they wiped out all of my profits. If anyone is trading CFDs, it's best to remove this broker from your list. Otherwise, you will be the one losing time and money when trading on this Valetax broker.
Valetax is a scam broker. They let customers to deposit money, receive bonuses, and engage in trades without any restrictions. However, they later deleted all the profits I made from the trade on November 26, 2024, without any clear evidence, just a few lines of text in an email, and they wiped out all of my profits. If anyone is trading CFDs, it's best to remove this broker from your list. Otherwise, you will be the one losing time and money when trading on this Valetax broker.
Translate to English
2024-11-28 18:57
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