Valutrades is a regulated ECN broker that is based in London. The broker has a robust non-dealing desk trading environment with spreads starting from just zero pips, and leverage of up to 1:500 is available for those who qualify as professional clients. They provide clients with the MetaTrader platform and FIX API connectivity, along with free webinars, trading tools, indicators, and a free VPS. The broker is a member of oneZero’s ecosystem, which allows them to distribute their liquidity to other brokers and firms in the same environment at reduced fees for all participants.
Markets
Valutrades offers a selection of over 100 financial instruments across multiple markets including forex, commodities, cryptocurrency, stocks, indices, metals, and energies for online trading.
Platforms
Valutrades provides traders with a choice of flexible trading platforms for different trader’s needs across various devices, and the platforms include MetaTrader 4 (MT4), MetaTrader 5 (MT5), Hummingbird, and FIX API connectivity.
MT4 is an award-winning trading platform that is widely known for its user-friendly interface and vast array of built-in trading tools. It supports multiple order types, 3 chart types, 9 chart timeframes, and real-time market quotes, amongst many other features. MT4 is freely available on desktop (Windows and Mac), web, and mobile (iPhone/iPad/Android/Tablet). The web platform allows you to trade through most modern web browsers without needing to install any additional software, while the mobile application is useful for those who need to trade on the go.
The MT5 platform was developed to succeed the MT4 platform; it maintains all the core functionalities of the MT4 platform and has some additional features and extended capabilities, including more technical indicators, more timeframes, more order types, depth of market display, economic calendar, multi-currency strategy tester, and much more. It can be downloaded and used to trade on desktop (Windows and Mac) and mobile (Android and iOS devices). There is also the web version, which can run directly on modern web browsers without needing any downloads or installations.
Traders can also download the revolutionary Hummingbird mobile trading platform through Valutrades. It is known for its simplicity and being easy to use. It allows traders to trade popular cryptocurrencies and traditional forex currencies in a single platform. The FIX API, on the other hand, is a transparent trading solution that gives more client control and direct market access (DMA). The FIX API users get access to the Valutrades ECN matching engine using FIX 4.4 API. This can help to reduce trading costs and improve trading efficiency.
Tools
There is also the MAM software, which is beneficial to money managers and investors who need to manage multiple trading accounts simultaneously. Other additional standalone trading tools include Virtual Private Server (VPS), Economic Calendar, Trading Indicators, and more.
Education
Valutrades provides a decent amount of frequently updated and free educational resources on its website. They include a trading glossary, webinars, ebooks, and a trading blog, which contains detailed articles and videos on various trading topics.
Conclusion
Valutrades is a regulated online broker with flexible trading platforms and account types. They provide a good selection of trading tools and educational materials.
Valutrades
Pros
- Great choice of trading platforms and apps
- A good selection of educational content
- Managed accounts and copy trading
- Automated trading, scalping and hedging allowed
- Free VPS available
- Demo accounts
Cons
- Cannot accept USA traders
- Limited non-fx instruments
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