ValuTrades Commission or Brokerage Charges – Review, Plans, FAQs & more
Last Updated Date: Nov 16, 2022The impact of brokerage on profits earned can be very upsetting. You can’t overlook these small percentages that carry vast potential in biting a big chunk of your earnings.
Therefore, prior to jumping into the trading sector, it’s worth reviewing the commission structure the broker has built for its clients.
ValuTrades is a famous brokerage firm. But when it comes to the ValuTrades Commission, not so many traders share a positive review.
Still, maximum traders believe it is an excellent selection for some good reasons that we will be covering up below in this discussion.
Traders planning to join ValuTrades will surely find this article meaningful to them. So let’s have a look.
ValuTrades Commission or Brokerage Charges
ValuTrades is an FCA-regulated online trading platform.
The broker went public in 2012 and satisfied many clients across different nations till now.
And it’s no surprise that you can call it a trusted source to start trading at.
But when it comes to the ValuTrades Commission, it’s a big No-No for many traders, particularly for some remarkable reasons.
If we talk about brokerage charges, it’s very clear that ValuTrades income source isn’t built-in spreads. The broker doesn’t make maximum income from spreads.
However, ECN spreads start from 0.0 pips. Still, this is comparatively the lowest in the industry.
The broker follows the commission-per-trade rule traders need to comply with when trading on ValuTrades.
In simple words, the broker charges a commission on every single trade you execute at the ValuTrades trading platform.
But that’s not enough; the discussion concerning penalties and charges on transactions is yet to be discussed.
So, without further ado, let’s go ahead and know the entire charges criteria that traders need to know before they join ValuTrades.
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Types of ValuTrades Commission Plans
Types of Commission Plans | |
Account Type | ECN Trading Account |
Initial Deposit | No minimum deposit |
Spread | from 0.0 pips |
Commission | US Dollar 3 per side |
Leverage | 1;30 |
ValuTrades Commission plans are pretty simple. In comparison to another trading platform, the broker offers only a single trading account – namely ECN Account.
This may add a significant benefit because you will need to study the conditions of only a single account.
Nevertheless, for many traders, this can be an unfair feature because it breaks the wall between a retail and professional user.
Professional users who love trading with extensive investment capital may not find that higher level of trading opportunities here.
On the other hand, retail users may also suffer to secure the highest profits due to ValuTrades Charges on trade.
The broker charges $3 per side; in total, the broker charges $6 per lot round.
To simply put, when you buy an asset, you pay $3, and when you sell an asset, you pay $3. However, you aren’t needed to pay this commission out of your pocket.
As you enter or exit a trade, the amount is automatically deducted from your trading balance. Apart from that, no ValuTrades Fees are charged on transactions.
The broker does charge commission when you buy an asset but not when you fund your account.
Similarly, the broker does charge commission when you short/sell an asset but not when you make withdrawals. Penalties also exist at the ValuTrades trading platform.
ValuTrades Account Opening Process
After knowing the ValuTrades Commission, it’s undoubtedly a good idea to open a trading account at ValuTrades.
Even though the broker’s commission structure is a bit pricey, some robust tradable instruments accessibility at ValuTrades compels us to use this trading platform.
To simply put, you can trade currencies, commodities, and CFDs at ValuTrades.
No wonder you won’t be making any mistake with your decision of opening a trading account at ValuTrades.
So let’s have a look at the process now.
- The overall usage process is quite simple as baking a pie. You need to submit your login id first. Use a valid and secured email address at this step and set a strong password.
- Since you will be selecting an ECN trading account, review ValuTrades Brokerage in it and proceed.
- In addition, you can also opt for a Demo account if you aren’t prepared to trade in the live market.
- Aspiring traders willing to enter the live market will be required to submit KYC
- Submit your personal ID, Home Address, Bank Details, and Tax Details to proceed
- The broker sends you a message, or you will have to check whether your account has been approved.
- Once you receive account approval, jump into the market and start trading.
- The broker doesn’t ask its users to submit a minimum deposit amount. Also, not any ValuTrades Fees exist that irritate a user.
- Congrats! You are all set to execute your first order at ValuTrades.
ValuTrades Payment or Withdrawal Methods
Transaction Options | |
Deposit Options | Bank Wire Transfer, Mastercard, Visa, Neteller, Skrill, China Union Pay, Advanced Corretora, Boleto, Remessa |
Withdrawal Options | Bank Wire Transfer, Mastercard, Visa, Neteller, Skrill, China Union Pay, Advanced Corretora, Boleto, Remessa |
It’s time to discuss the ValuTrades Commission which is a lesser discussed topic for many traders.
But it’s worth noting that some unforeseeable charges do exist in your choice of payment methods.
To simply put, ValuTrades doesn’t charge any commission from users when submitting or withdrawing funds from the trading account.
Except for ValuTrades Brokerage, you aren’t charged even a single penny in any area.
Hence, it is essential for you not to pick up any payment methods which can cost you more while trading.
But thanks to ValuTrades, the broker makes multiple payment methods available to clients. Mentioned below are some sorts of payment options you see at ValuTrades.
Bank Wire Transfer, Mastercard, Visa, Neteller, Skrill, China Union Pay, Advanced Corretora, Boleto, Remessa
You can use any one of these platforms that are best suited to your choices.
Mainly, if you are an international client or dealing in an international market, charges associated with transactions are worth noticing above all.
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ValuTrades Investment Assets
Investment Assets | |
Currencies Trading | Yes |
Commodities Trading | Yes |
Indices Trading | Yes |
Stocks Trading | No |
Cryptocurrency Trading | No |
ETF’s Trading | No |
Bonds Trading | No |
FUTURES Trading | No |
OPTIONS Trading | No |
Supported Cryptocoins | NA |
Total Tradable Assets | 80+ |
Number Of Currency Pairs | 20 |
Number Of Cryptocurrencies | NA |
Number Of Stocks | NA |
Number Of Indices | 25 |
Number Of Commodities | 50 |
Number Of Futures | NA |
Number Of Options | NA |
Number Of Bonds | NA |
Number Of ETFs | NA |
After this discussion, no doubt related to the ValuTrades Commission should be left in your mind because it is time to discuss the list of investment assets available for trading at ValuTrades.
Primarily, you can trade currencies at ValuTrades.
The second most popular asset that attracts people at ValuTrades trading platform is CFDs trading.
You can even trade commodities at the ValuTrades trading platform. Fortunately, we don’t find any ValuTrades Fees which are investment-specific.
But we can’t forget that spreads start from 0.0 pips. This implies that your asset can also decide the spread’s value.
Even though, maximum revenue that a broker generates from its trading service comes from charges per trade.
Still, we can’t forget that each investment asset has its own significance, so spreads value can also go up from 0.0 pips to the highest.
ValuTrades Commission – Conclusion
After knowing ValuTrades Charges, we can reach a brief conclusion.
The broker is a trusted trading platform, no doubt, and a popular one too. But in terms of charges, you can find a costly alternative.
Only big traders with ample investment capital can think about using ValuTrades. You pay a $6 commission per lot round, which is, however, a great deal.
Because in addition to this commission, you don’t pay anything at ValuTrades.
Hence, if luckily you make a big profit, securing a maximum of it won’t be that difficult for you.
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ValuTrades Charges or Fees – FAQs
Here is the list of FAQs related to the Valutrades Brokerage Charges or Fees:
Does ValuTrades Charge Commission?
Yes. ValuTrades charges a commission per trade.
The broker’s primary income source is built-in direct trading charges. To simply put, the broker cuts $3 when you buy an asset and again $3 when you sell an asset.
In both events, you are liable to pay a commission. Hence, it is clear that ValuTrades charges a commission on trades.
How Much Does ValuTrades Charge Brokerage?
ValuTrades charges $6 per lot round. This implies the broker deducts $3 when you buy an asset and $3 when you sell the same or vice versa.
In both events, you pay a commission. Luckily you don’t pay anything above this fixed condition on brokerage.
The second income to the broker is built-in spreads that start from 0.0 pips.
What Is The Minimum Deposit Required In ValuTrades?
ValuTrades is one of the trading platforms that ask you for no minimum deposit amount.
You aren’t needed to fund your account with a minimum balance which is a great thing.
How Much Leverage Does ValuTrades Provide?
Unfortunately, you don’t receive that greater leverage support.
The broker offers leverage in only 1:30. No matter if you are a retail user or a professional one, leverage is fixed for all.
How Much Is Spread At ValuTrades?
Spread at ValuTrades starts from 0.0 pips.
However, the maximum spreads have not been revealed by the broker. It is your investment asset that decides the actual spread’s value.
What Type Of Commission Plans Available In ValuTrades?
ValuTrades follow only a single commission plan.
The broker charges commission per trade, which is $6 on both sides. This means when you buy or sell an asset; you pay $3 both times.
Does ValuTrades Provide Cryptocurrency For Investment?
No. ValuTrades doesn’t provide cryptocurrency for investment.
The broker deals in forex market pairs only. Apart from that, you can also trade CFDs and commodities at ValuTrades.
Is ValuTrades A Legit Forex Broker?
Yes. ValuTrades is a legit forex broker.
The broker first went public in 2012 and has been regulated by FCA. Altogether you can find it a trusted and utterly legit forex broker.
Can I Invest In ValuTrades With $5?
Yes. You can invest in ValuTrades for $5.
But it is worth keeping in mind that trading charges alone are $6 a lot per round. Hence it is advised to use more investment capital.
Are There Any Hidden Charges Available With ValuTrades?
No. There are no hidden charges available with ValuTrades. The primary income source to the broker is built in direct trading commission.
In addition to that, the broker charges nothing from users.
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