Score
Mauritius
|
2-5 years
|
Environment A
|https://valetax.com/
Website
Rating Index
Environment
A
Average transaction speed (ms)
MT4/5
Full License
ValetaxIntl-Live1
Influence
B
Influence index NO.1
Malaysia 6.88Speed：A
Slippage：B
Cost：A
Disconnected：B
Rollover：A
MT4/5 Identification
Full License
MalaysiaInfluence
B
Influence index NO.1
Malaysia 6.88
LicensesLicensed Entity：Valetax International Limited
License No. GB21026312
Mauritius
+60%1*CPU
1G*RAM
70G*SSD
2M*ADSL
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
WikiFX Data provide
valetaxintl.com valetax.com| 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.
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Most accounts have no commission, but ECN accounts charge $4.
Valetax is legit but has offshore regulation, which is less safe than other regulations.
Local deposit and Crypto USDt withdrawals take within 4 hours.
Valetax does not provide demo accounts. Traders must use live accounts starting at a $1 deposit to access its platforms and execute market strategies.
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