We will not keep you in suspense and will tell you right away that this company is engaged in fraud. Welcome to Valitrax review, where we will analyze every aspect of the broker and uncover all the red flags and signs of a scam. Trust us, this platform is better left to be avoided.
Brief Overview
- 🖥Official Website: https://valitrax.com/en
- ✈️Contact Address: Level 9 211 Old St, London EC1V 9NR, United Kingdom
- 📞Customer Support: +442033269381, +442035405924
- 🔐Licensing and Accreditation: no
- ⏳Track Record: 2024
- 🧰Specialization: brokerage service
- 🤝Terms of Cooperation: €10,000, 1:200
- 💰Additional Services: webinars, personal assistant, islamic account, trading room
Valitrax.com Examination
The first thing that immediately catches your eye when visiting the official website is the template used to create it. We have frequently encountered brokerage companies with exactly the same official website. And the most interesting part? All of them ultimately turned out to be fraudsters. We have no doubt that Valitrax also belongs to the group of illegal and dangerous platforms.
The site has obvious problems. It has useless phrases, a lot of text that makes it hard to find important information; false benefits, and a lack of specifics.
The blue background, green text, and white inserts all look, at the very least, ridiculous. There’s no sense of harmony or modern design. The images on the site are an absolute failure. There is no unique approach whatsoever. Pretentious photos of hands on keyboards and graphs on screens look like they were taken from the first free stock photo site that came up. Where’s the reality? Where are genuine photos of employees or even offices?
The entire Valitrax website is one big template. It feels like someone grabbed a pre-made design, tossed in a couple of “inspiring” texts, uploaded a few pictures, and decided, “This will do”. There’s no uniqueness; everything looks cheap and tasteless. It feels as though no effort was made to create something serious. There are no legal documents, no risk warnings, and not even other language options besides English.
Company Contacts
The “Contacts” section lists only two British phone numbers and an office in London. However, there is no proof that this information is genuine. Such phone numbers and addresses can be acquired anywhere, and the office might simply be fictional.
The description mentions a feedback form, but where is it? It’s simply missing. Valitrax just forgot to include it. And the absence of even an email address doesn’t need further comment. It’s strange to see a broker without an email. Additionally, there’s no online chat or social media presence.
Key Conditions
When reviewing the trading conditions, the first thing to highlight is the minimum deposit. To activate the first tier, you need to invest €10,000, and even more for the others. Where does such greed come from? Why would an unknown broker even attempt to extort such amounts from clients? Reputable companies allow clients to start trading with as little as $10 or even less. Furthermore, Valitrax offers neither a demo account nor a cent account.
Where are the promised “tight spreads”? There are no specifics in the description. It simply states that “the spread is calculated in real-time”. This could mean anything, including hidden fees that you’ll only start noticing after making several trades. There are no transparent tables or specific figures to verify. Not a single word about commissions, even though they are among the most critical trading terms.
High leverage of 1:200 is always associated with enormous risks. It is a direct path to losing your deposit, especially for beginner traders. Brokers that care about their clients typically limit leverage to minimize risks. Valitrax, on the other hand, offers maximum leverage to ensure traders lose their money faster, leaving the funds with the company.
Clients are promised access to “Market Reviews”, webinars, and even a “personal assistant”. It sounds grand, but where is the proof that these offerings are actually beneficial? The “CMTrading E-Book” and “Social Trading” appear to be standard marketing bait, which may conceal low-quality content or even its complete absence. Why pay thousands of euros for something other brokers provide for free?
Exposing Valitrax
The lack of a license is the first thing that should immediately raise concerns for any trader. The company claims to be “regulated”, but it is completely absent from the registers of financial regulators. There is no proof of a license to provide brokerage services. This means you are entrusting your money to a firm that operates illegally. There isn’t a single official document proving their legitimacy. Essentially, your funds are unprotected, and the broker can disappear at any moment.
Valitrax should have a license from the FCA, but it doesn’t. We even checked the British regulator’s register and found no trace of this platform.
In reality, such a company doesn’t even exist in the United Kingdom. There is no real evidence that Valitrax has an office there. A search in the Companies House registry also yields nothing.
Despite attempts to create the impression of an experienced broker, the domain of the website was only registered in November 2024. In other words, the company is literally just a few months old, yet it’s already trying to convince us of its professionalism.
You won’t find any information on the company’s registration, charter documents, or banking details on the website. How can anyone trust a firm that hasn’t even bothered to disclose where and under what conditions it is registered? All of this looks highly suspicious. The absence of such basic things is a red flag for anyone who has ever dealt with financial companies. The same goes for the names of the founders.
What Reviews Do Users Leave?
The lack of reviews online is a bad sign. Genuine and reputable companies are always discussed on the internet. They have numerous reviews, both positive and negative. However, there is nothing about Valitrax. Oh, that’s right — it’s just another scam broker.
Conclusions
We hope this Valitrax review has helped many traders avoid the foolish mistake of entrusting their money to an illegal, template-based scam broker. Such firms are not reliable or trustworthy, as they are designed to scam and quickly shut down, only to be replaced by a new illegal platform.
Pros/Cons
- None.
- High starting deposit.
- There are no licenses.
- Very short period of operation.
- Fake legal address.
I couldn’t find any reviews about Valitrax online. I wanted to read what traders who have used their services had to say. I found nothing and then checked to see if the company even had a license. It didn’t, so I realized there was no point in taking the risk. This broker would literally steal my money, and why would I let that happen? In the end, I found another firm with licenses, reviews, and experience. I strongly advise against getting involved with fake sites like this one.