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/10
The WikiFX Score of this broker is reduced because of too many complaints!

Valetax

Mauritius | 2-5 years | Environment B |
ECN Account Regulated in Mauritius | Retail Forex License | MT4 Full License | High potential risk | Offshore Regulated

https://valetax.com/

Website

Rating Index

Environment

Environment

B

Average transaction speed (ms)

446.7

MT4/5

Full License

ValetaxIntl-Live1

Malaysia
MT4
19

Influence

B

Influence index NO.1

Nigeria 6.80
The WikiFX Score of this broker is reduced because of too many complaints!

Environment

Speed:A

Slippage:B

Cost:B

Disconnected:A

Rollover:A

MT4/5 Identification

MT4/5 Identification

Full License

19
Server Name
ValetaxIntl-Live1 MT4
Server Location Malaysia

Influence

Influence

B

Influence index NO.1

Nigeria 6.80
Surpassed 49.40% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

contact@valetax.com
https://valetax.com/
1/F River Court, 6 St. Denis Street, Port Louis, 11328, Mauritius
https://www.facebook.com/valetaxtrading/

Licenses

Licensed Entity:Valetax International Limited

License No. GB21026312

VPS Standard
No restriction on the broker account

Single Core

1G

40G

1M*ADSL

WikiFX Risk Alerts
2025-08-29
  • The number of the complaints received by WikiFX have reached 10 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
2

Basic Information

Registered Region
Mauritius
Operating Period
2-5 years
Company Name
Valetax International Limited
Abbreviation
Valetax
Company employee
--
Company Website
Company address
1/F River Court, 6 St. Denis Street, Port Louis, 11328, Mauritius
Keywords 7
2-5 years
Regulated in Mauritius
Retail Forex License
MT4 Full License
MT5 Full License
High potential risk
Offshore Regulated

FX2701797902

Verified

Singapore

When the US non-farm payroll data was released, the platform's market data was delayed by over 10 seconds, completely screwing me! At the time, the price of gold had already skyrocketed by 8 points in the international market, but Valetax's market remained at the original price. I placed a buy order based on the listed price, but by the time it was executed, the price had already risen by 12 points, instantly costing me $600. Customer service said, "Data source delays are normal." Normal? Other platforms only have a delay of 1-2 seconds at most. Valetax was deliberately misleading users with delayed data! Even worse, when I asked for compensation, customer service blocked my messages and refused to even respond. Platforms like this that use fake market conditions to scam users should be shut down by regulators!

Exposure

08-19

FX1325378538

Verified

Malaysia

The platform's PayPal cross-border deposit system is a serious scam! Last week, I transferred €2,000 via PayPal. PayPal showed "transfer successful," but Valetax kept saying "funds not received." I provided the PayPal transaction receipt, but customer service delayed the process for five days, finally stating that "the system identified this as an abnormal transaction and the funds have been frozen." To unfreeze the funds, I needed to pay a €1,000 "security deposit." This is pure extortion! I contacted PayPal to file a complaint, and learned that Valetax was deliberately delaying confirmation to defraud me of my security deposit. Other international platforms confirm PayPal deposits instantly, but Valetax is the only one engaging in this despicable scheme. I've already reported this to the European Consumer Association and will not let them off the hook!

Exposure

08-19

FX1022721803

Verified

Malaysia

I recommend avoiding this platform, as it destroy copied accounts and trick clients into depositing more funds to maintain their positions.

Exposure

08-18

FX3779235579

Unverified

Egypt

Thank you, Faltex, people are honest and the epitome of respect and professionalism 🌴😍

Positive

08-18

FX2293765159

Verified

Philippines

Valetax manipulated my profitable trades, causing losses. Be sure to carefully verify the platform's credentials.

Neutral

08-18

FX9417717882

Verified

Malaysia

The shortcut keys for the "line drawing tool" on the market chart are different in the English and Chinese interfaces! This unnecessary difference significantly impacts operational efficiency. International users who occasionally switch languages to view different content often get confused by the shortcut keys.

Neutral

08-17

FX5331228652

Verified

Malaysia

The Australian "BPAY" payment method is not supported! When I tried to deposit money into Valetax, I couldn't find this option, so I had no choice but to use a credit card. A 20 AUD processing fee is charged for every 1,000 AUD, which is significantly more expensive than BPAY.

Neutral

08-17

FX2495179814

Verified

Malaysia

Without professional guidance, I still have to research on my own. They're failing to solve practical problems for users.

Neutral

08-17

FX3896476381

Verified

Malaysia

The English customer service team is completely clueless about Canadian forex tax policies! I asked if profits from Valetax transactions require Canadian capital gains tax, and the customer service representative said, "I'm not sure about local taxes and recommend consulting an accountant."

Neutral

08-17

FX9467134092

Verified

Malaysia

What does this mean? I noticed that the funds in my account were deducted. I don't know why, but I have contacted their customer service. This is not a good thing. Be careful with this broker.

Exposure

08-17

FX2362169554

Verified

Thailand

Compared to other platforms, Valetax is incredibly slow. Although traditional transfer fees are relatively low.

Neutral

08-17

FX2268771988

Verified

Thailand

'm used to viewing the market on my tablet, and missing this useful feature is incredibly inconvenient. International platforms shouldn't have different features between different systems. If updates were synchronized, the experience would be much better.

Neutral

08-17

FX6635567820

Verified

Malaysia

The Valetax English app has surprisingly different features on iOS and Android! I log in on my iPhone and see the "Volatility Ranking of Instruments."

Neutral

08-17

FX3228458610

Verified

Thailand

The experience is not very good to get a trader. The actual experience is like this

Neutral

08-17

FX1139261624

Verified

Malaysia

The estimated arrival time for international withdrawals is inaccurate! Customer service said, "EUR withdrawals will arrive in 2-3 days." My last withdrawal took four days, and I almost thought my money was lost.

Neutral

08-17

FX2254356886

Verified

Singapore

I think this trader is pretty good. The customer service attitude is very good and I feel the warmth.

Positive

08-17

FX1002522388

Verified

Singapore

I deposited money with Valetax to try their copy trading. I initially saw some profit, but then the broker executed a trade that shouldn't have happened. This resulted in a complete loss of my profits. I hope they can resolve this issue soon.

Exposure

08-17

FX1143285555

Verified

Thailand

The English interface doesn't have many pop-up ads, only during deposit promotions! I hate frequent pop-up ads.

Neutral

08-17

FX3211892064

Verified

Thailand

International account passwords are only valid for 90 days, requiring frequent changes! I have a bad memory and often forget my password, and having to verify my email and phone number every time I change is a hassle.

Neutral

08-17

FX3974367486

Verified

Thailand

While the English customer service is generally not very professional, their patience is excellent! I value their customer service and it's what keeps me using the platform.

Neutral

08-17

FX1547809770

Verified

Thailand

There are very few English user reviews on international forums, unlike on other platforms!

Neutral

08-17

FX3128024208

Verified

Thailand

International withdrawals have a fixed fee of $20, making them uneconomical for small withdrawals! My last withdrawal was $500, and the fee was $20, representing 4% of the total, which is more expensive than the $10 fee on other platforms.

Neutral

08-17

FX2641221982

Verified

Indonesia

The market data units are inconsistent. Gold uses "points" and other commodities use "pips"! Last week, when calculating my gold profit, I thought 1 "point" equaled 1 "pip." I was wrong. Actually, 1 gold "point" is $0.01, and 1 "pip" is $0.0001. I almost miscalculated my profit.

Neutral

08-16

289
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Environment

Average transaction speed(ms)
446.7
The highest transaction speed(ms)
20 Perfect
The highest speed of opening positions(ms)
85 Great
The highest speed of closing position(ms)
20 Perfect
The lowest speed of opening positions(ms)
1969
The lowest speed of closing position(ms)
1953
14.57USD/Lot Good
29.07USD/Lot Perfect
Long: -3.67USD/Lot    Short: 0.03USD/Lot Good
Long: -23.7USD/Lot    Short: 0USD/Lot Poor
Average slippage
0.1
Maximum transaction slippage
27 Poor
Maximum positive slippage
-2 Great
Maximum negative slippage
27 Poor
Average disconnection frequency (times/day)
0.3 Perfect
Average reconnection time (millisecond/per request)
99
Ranking: 88 / 125
Test user 225
Orders 27,180
Ocuppied margin $256,682 USD
Data Source
WikiFX Data provide
Updated: 2025-08-27 01:00:00

Website

valetaxintl.com
172.67.157.113
valetax.com
104.21.82.192

Company Summary

Valetax Review Summary
Founded2023-04-28
Registered Country/RegionMauritius
RegulationOffshore regulated
Market InstrumentsCurrency pairs/Indices/Metals/Crypto/Energies
Demo Account
LeverageUp to 1:2000
SpreadFrom 0.0 Pips
Trading PlatformMT4/MT5(Desktop(Windows/MacOS)/Mobile(Android/iOS)/Web)
Min Deposit$1
Customer SupportPhone: +6569315022
Email: contact@valetax.com
Live chat
Instagram/LinkedIn/Twitter/Facebook

Valetax Information

VALETAX INTERNATIONAL LIMITED is a Mauritius investment dealer specializing in online investment and trading services. The tradable instruments include currency pairs, indices, metals, crypto, and energies. The broker also provides six accounts with a maximum leverage of 1:2000. The minimum spread is from 0.0 pips and the minimum deposit is $1. Valetax is still risky due to its offshore regulated status, high leverage, and some bad reviews.

Valetax Information

Pros and Cons

Pros Cons
Commission freeOffshore regulated
24/7 customer supportDemo account unavailable
MT4/MT5 availableHigh max leverage
Spread from 0.0 PipsSome negative comments
Various tradable instruments

Is Valetax Legit?

FSC regulates Valetax with license number GB21026312 and License Type Retail Forex License. However, the 'offshore regulated' current status is not as safe as the regulated one.

Is Valetax Legit?
Is Valetax Legit?

What Can I Trade on Valetax?

Valetax offers access to 6 asset classes, including forex (over 60currency pairs), indices, metals, crypto, and energies.

Tradable Instruments Supported
Indices
Metals
Crypto
Currency pairs
Energies
What Can I Trade on Valetax?

Account Type

Valetax has six account types: cent, standard, ECN, booster, bonus, and Pro. Traders who want low spreads can choose an ECN account and those who prefer low leverage can choose a bonus account, while those with a sufficient budget can open a pro account. Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus).

Account Type CentStandardECNBoosterBonusPRO
Minimum Deposit$1$1$50$1$1$500
LeverageUp to 1:1000Up to 1:2000Up to 1:2000Up to 1:2000Up to 1:500Up to 1:2000
Margin call/ Stop Out60% / 30%60% / 30%60% / 30%60% / 30%60% / 30%60% / 30%
CommissionNoNo$4NoNoNo
SpreadsFrom 1.2 pipFrom 1.2 pipFrom 0 pipFrom 2.0 pipFrom 2.0 pipFrom 0.6 pip

Valetax Fees

The spread is from 0.0 Pips, the commission is 0. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:2000 meaning that profits and losses are magnified 2000 times.

Trading Platform

Valetax cooperates with the authoritative MT4 and MT5 trading platforms, which are available on Desktop(Windows/MacOS), Mobile(Android/iOS), and Web. Junior traders prefer MT4 over MT5. While traders with rich experience are more suitable for using MT5. Both MT4 and MT5 provide various trading strategies and implement EA systems.

Trading PlatformSupported Available Devices Suitable for
MT4Desktop(Windows)/Mobile(Android/iOS)/WebJunior traders
MT5Desktop(Windows/MacOS)/Mobile(Android/iOS)/WebExperienced traders

Deposit and Withdrawal

The first deposit amount must be $1 or above. Valetax accepts FPX, GrabPay, Neteller, PM, Visa, Mastercard, and more for deposit and withdrawal. Payments are instant through Online Banking and Electronic Payments, while processing times for Local deposit and Crypto USDt are within 4 hours.

Deposit and Withdrawal

Keywords

  • 2-5 years
  • Regulated in Mauritius
  • Retail Forex License
  • MT4 Full License
  • MT5 Full License
  • High potential risk
  • Offshore Regulated

News

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2025-08-28 16:24

Valetax Se Destaca Como Patrocinador Diamante en Money Expo India 2025

News Valetax Se Destaca Como Patrocinador Diamante en Money Expo India 2025

Valetax dejó una huella significativa en Money Expo India 2025 como Patrocinador Diamante, uniéndose al encuentro financiero más importante de India los días 23 y 24 de agosto en el Centro de Convenci

2025-08-26 12:02

Valetax Menonjol sebagai Penaja Berlian di Money Expo India 2025

News Valetax Menonjol sebagai Penaja Berlian di Money Expo India 2025

Valetax telah mencipta jejak yang ketara di Money Expo India 2025 sebagai Penaja Berlian, menyertai perhimpunan kewangan utama India pada 23–24 Ogos di Pusat Konvensyen Jio World, Mumbai. Acara ini be

2025-08-25 19:56

Valetax Menonjol sebagai Sponsor Diamond di Money Expo India 2025

News Valetax Menonjol sebagai Sponsor Diamond di Money Expo India 2025

Valetax membuat jejak yang signifikan di Money Expo India 2025 sebagai Sponsor Diamond, bergabung dengan pertemuan finansial terkemuka India pada 23–24 Agustus di Jio World Convention Centre, Mumbai.

2025-08-25 19:53

Valetax Stands Out as a Diamond Sponsor at Money Expo India 2025

News Valetax Stands Out as a Diamond Sponsor at Money Expo India 2025

Valetax made a significant mark at Money Expo India 2025 as a Diamond Sponsor, joining Indias premier financial gathering on 23–24 August at Mumbais Jio World Convention Centre. The event served as a

2025-08-25 19:41

WikiFX Broker Assessment Series | Is Valetax Reliable?

Exposure WikiFX Broker Assessment Series | Is Valetax Reliable?

We will analyze the characteristics of this broker from multiple perspectives, providing you with simple and organized information.

2024-01-30 16:36

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