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Valastrade

Operating status: SCAM

Website: https://valastrade.com/

Broker violations and abnormal records
  • Jul 25, 2022 BrokerView has Reviewed that Valastrade is an Unregulated Forex Broker

    Valastrade is not a reliable broker for traders even though it states offers that look good to be true. Valastrade claims it is a brand name of Valastrade Limited, a company registered and regulated by the Marshall Islands Registry (IRI). However, we did not find any match results to Valastrade in IRI. Besides, IRI is not a regulatory body that issues licenses for forex trading or regulates entities offering forex services.

    What's more, Valastrade claims it is also registered in the Companie House of the United Kingdom (CH) with registration number: 13633122. We indeed find a match result to the registration number in CH. CH is the United Kingdom's registrar of companies which has no legit rights to regulate any forex activities. Having registration does not mean having any regulation. 

    As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK financial regulator - FCA. However, we did not find any match results to Valastrade in FCA.

    The truth is that Valastrade is not overseen by any regulators. Investor' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.

    Valastrade is not a reliable broker for traders even though it states offers that look good to be true. Valastrade claims it is a brand name of Valastrade Limited, a company registered and regulated by the Marshall Islands Registry (IRI). However, we did not find any match results to Valastrade in IRI. Besides, IRI is not a regulatory body that issues licenses for forex trading or regulates entities offering forex services.What's more, Valastrade claims it is also registered in the Companie House of the United Kingdom (CH) with registration number: 13633122. We indeed find a match result to the registration number in CH. CH is the United Kingdom's registrar of companies which has no legit rights to regulate any forex activities. Having registration does not mean having any regulation. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK financial regulator - FCA. However, we did not find any match results to Valastrade in FCA.The truth is that Valastrade is not overseen by any regulators. Investor' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
  • Sep 21, 2022 BrokersView has found that Valastrade is not working

    BrokersView found the domain "https://valastrade.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.


    BrokersView found the domain "https://valastrade.com/" is not working, as most probably it was suspended and it is always a bad sign when broker's website is suspended.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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