Valuta Markets Review: Signs That This Broker Is a Fraud

It’s not a secret that new scam brokers basically appear overnight and it’s hard to keep track of them all. So cue the drums and here comes the Valuta Markets offshore investment scam.

Valuta Markets broker is owned by MVE Holdings Limited. They are located in the Marshall Islands and have existed since 2021. We all know that Marshall Islands and SVG are scam havens for many of these fraudsters.

However, Valuta Markets claims that their address is authorized and licensed by MISA. That’s why it’s important to realize that MISA doesn’t exist! The official regulatory body in the Marshall Islands is GLOFSA.

And that’s why this detailed Valuta Markets broker review will come in handy and shine the light onto this all well known scam. 

In addition to the above, we strongly advise you not to invest in Maddex Capital and Leadtradesfx fraudulent brokers.

License and Safety of Funds at Valuta Markets

When working with any broker, you must first check if they have a regulation. That’s why we always do the needed diligence and check if Valuta Markets or other brokers are actually regulated. 

So, let’s start. First things first, this broker doesn’t have any regulations, even though they claim they do. Secondly, they are misleading clients with some license numbers on their websites. However, they are not permitted to trade in FX and CFD markets worldwide.

Thirdly and most importantly, even if they had a license of GLOFSA, it is not reliable, since it’s an offshore regulator. GLOFSA is a Tier 3 regulator that is very loose. As a result of trading with such regulated companies, or unregulated, clients are scammed. That’s why it’s important to always stay vigilant.

All in all, Valuta Markets is a broker with many bad reviews and no regulations. Moreover, the trading conditions are violating all rules and expose clients’ money to risk.

Valuta Markets Trade Trading Platform 

A trading platform plays a huge role in a decision of where to trade. If it’s unreliable and slower, with fewer trading options, it is not considered desirable.

That’s why most good and reliable brokers that are legit always use the industry standard MetaTrader4 and MetaTrader5.

But what is the case with the Valuta Markets trading software? Well, the answer is very simple. They use a basic Web Trader that doesn’t hold any options whatsoever.

You will not be able to monitor your traders, use the charts or any of the expert options.

Account Types Available at Valuta Markets

Since Valuta Markets has missed important information, so their trading account types are just another unclear thing as well. Here is what they have stated as their account types:

• Classic – $100
• VIP – $3,000

Yet, those accounts are divided just based on minimum requirements and spread that you get. Additionally, benefits are only in trading knowledge development.

On top of that, Valuta Markets broker has also missed out on a Demo account. In our eyes this is a major red flag and we do advise you to avoid them at all costs.

Valuta Markets Deposit and Withdrawal 

Besides acceptance of credit/debit cards for deposits, this broker accepts crypto as well. With this in mind, and the fact that they are not licensed, it’s a very dangerous street to go.

Many if not all scam brokers  tend to use a lack of licensing and prolong withdrawals due to non-existent fees and taxes. Don’t be surprised if you are requested to pay for money to be released. It’s all a part of their scheme.

How Does This Scam Operate?

Similar to Leadtradesfx, this broker uses many tactics to make you invest with them. This scam broker will first try to get your information if you have left it on some of those sketchy internet ads. After this, their experienced agents will call you nonstop to get you to invest. They will of course seem interested in your life, your problems and tell you many get-rich-fast fairytales until you crack under the pressure and invest.

It is easy to fall prey to their sweet talk, and don’t be ashamed if that ever happened to you. On average, it takes a lot more than one deposit for a user to realize that something unlawful is happening. By that point, however, the broker will cut all communications with the users. 

By reading through reviews, this is exactly what we found. There are way too many online complaints with the majority of them stating withdrawal issues and lack of communication as the number one problem. 

Valuta Markets Summary

We wanted to conduct this Valuta Markets review so we can warn you about this offshore broker who is claiming to be offering legit trading services. The only regulation that this broker has is by Tier3 regulator GLOFSA.

Investing with Valuta Markets is going to put both you and your funds at risk. Don’t fall victim to this illicit broker’s cheap tricks and always do the needed diligence and research the broker before investing your money. We recommend you seek a broker that is offering a demo account that you can actually use and see if the trading is actually taking place on the brokers platform.

In case you got scammed by this or any other broker, remember that getting your money back is possible and reach out to us as we can help you.

FAQs About Valuta Markets Broker