Introduction To Valetax
Valetax Is A Broker Operating On A Straight-Through Processing (STP) Model, Where Orders Are Executed Directly On The Market At Speeds From 0.1 Seconds. Clients Can Trade Currency Pairs, Cryptocurrencies, Stock Indices And Commodities Using The Popular MetaTrader 4 Trading Platform. The Broker Offers Leverage Of Up To 1:2,000, Offers Negative Balance Protection And Allows The Use Of Any Trading Strategy. Valetax Operates Under License From The Mauritius Financial Services Commission And Is Registered With The Saint Vincent And The Grenadines Commission.
Advantages Of Trading With Valetax:
Offers A Cent Account With A Contract Size Of 1,000 Units In The Base Currency.
Trade With Floating Spreads With No Additional Commissions.
International Regulations.
Minimum Deposit Is $1.
High Commission Co-op Program.
No Restrictions On Scalping, Hedging Or Automated Trading.
24/7 Online And Phone Support.
Disadvantages Of Valetax:
Spreads Are Not The Lowest In The Market, As Other Brokers Have More Favorable Commissions.
Trader Education Is Not Part Of The Valetax Service.
The Broker's Website Lacks Analysis, An Economic Calendar, And Useful Market Data.
Trading Account Opening
Only Registered Traders Have Access To Valetax's User Account. To Create It, Follow These Steps:
1 Find The Account Opening Button On The Company's Official Website And Click On It. If You Are On The Home Page, Click On "Open Account". The "Create Account" Button Is Available On Any Page Of The Website.
2 Fill Out A Short Form. You Will Need To Provide Your Email And Phone Number, Create A Password, Enter A Verification Code To Confirm Manual Registration, And Agree To The Terms Of Service. To Access Your User Account, Enter Your Email Address And Password. Enter Personal Details And Other Information During The Verification Process.
3Valetax's User Account Features Include:
1. Open A Live Account And A Demo Account.
2. In The Process Of Being Verified.
Additional Features For Valetax User Accounts Allow Traders To:
Manage Funds, Including Making Deposits, Transferring Money Between Accounts, Or Submitting Withdrawal Requests.
View Transaction Statistics And Financial Transaction History For Unchecked Accounts.
Activate Promo Codes To Receive Commission Discounts And Additional Bonuses.
Update Personal Information.
Adjust The Leverage Size For A Specific Account.
Account Types
Valetax Offers Two Account Types - Cent And Standard. Both Feature Floating Spreads Starting At 1.2 Pips, Customizable Leverage, And Market Execution. These Accounts Vary In Terms Of Available Leverage, Lot Size, Initial Deposit Amount, And Choice Of Trading Instruments.
Account Type:
Standard
The Main Account Type Of Valetax, Where 1 Lot Is Equal To 100,000 Units Of The Base Currency. Minimum Deposit Is $10 With Leverage Up To 1:2000.
Minutes
Similar To A Standard Account, But With Contract Size Reduced To 1,000 Units And Trading Commissions In Cents. Initial Deposit Starts At $1 With Leverage Up To 1:1000.
The Valetax Demo Account Is A Standard MT4 Demo Account. If Traders Have Used The Platform Before, They Will Have No Trouble Mastering Its Features.
Due To Having A Cent Account, Valetax Is Suitable For Beginners, But Also For Experienced Traders Who Enjoy STP Trading
Deposits And Withdrawals
Valetax Does Not Specify How Long It Will Take To Process Withdrawal Requests. Once Approved, Withdrawals Through Online Banking And Electronic Systems Are Instant. Bank Transfers Take Time, But For Local Traders, The Time Is No More Than 4 Hours.
The Broker May Cancel Withdrawal Requests Due To Insufficient Margin Or Incorrect Account Details. Unverified Clients Are Unable To Withdraw Funds.
Valetax Does Not Charge Clients For Withdrawals. However, Clients May Not Receive The Full Amount Requested As Transaction Fees Are Charged By The Payment Provider.
Customer Support
The Company Offers 24/7 Support. The Primary Language Of Communication Is English And Telephone Support Is Multilingual.
