valutrade broker reviewsReviewed broker: Valutrades

Established in 2012

Location: UK

Regulation: FCA

STP broker: yes

ECN: yes

Note: formerly known as Monex Capital, subsidiary of Indonesian forex boker Monex Investindo Futures

Trading instruments: forex, index, commodity CFDs

Trading platforms: Metatrader 4

Account types: standard, raw, VIP

Demo account: yes

Islamic swap free accounts: no

Minimum deposit requirement: $100

Payment methods: credit cards, wire transfer, Skrill, Neteller, Qiwi

Minimum size trade: 0.01

Maximum leverage up to 1:500

Spreads start from 1.2 pips on majors

ECN spreads start from 0.2 pips on majors plus $5 commissions per standard lot traded

VPS hosting: available

Automated trading: available

Expert advisors: yes

Scalping: not allowed

Hedging: not allowed

Trading indicators: available

Guaranteed negative balance protection: yes

Multiterminal feature: available – allows simultaneous management of multiple accounts

Social trading: not available

Educational resources: webinars

Customer support: 24 hours, 7 days a week via online chat, email, phone, web contact form

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