Valetax in eight facts
- Valetax is a forex and CFD broker founded in 2021.
- Valetax International Limited holds licence GB21026312 from the Financial Services Commission (FSC) of Mauritius.
- Valetax Global Limited is registered in St. Vincent and the Grenadines.
- Valetax offers six account types: Cent, Standard, ECN, Booster, Bonus and PRO.
- The Cent and Standard accounts require a minimum deposit of 8 USD.
- The ECN account charges a commission of 4 USD per lot.
- Valetax supports MetaTrader 4 and MetaTrader 5.
- Maximum leverage at Valetax reaches 1:2000.
Who Valetax is for
Valetax launched in 2021 and is based in Port Louis, Mauritius. The whole business is built around small accounts. You fund with roughly the price of lunch, trade on MetaTrader, and move money through local payment methods rather than an international wire.
So it's a fair place to learn with real money on the line. It's a weaker fit if you want a broker watched by a top-tier regulator like the UK's FCA or Australia's ASIC. Valetax holds neither licence.
Six account types, side by side
The infographic plots each account's minimum deposit on a log scale, next to its starting spread and leverage cap.
| Account | Min. deposit | Spread from (pips) | Commission per lot | Max leverage | Platforms |
|---|---|---|---|---|---|
| Cent | 8 USD | 1.2 | — | 1:1000 | MT4, MT5 |
| Standard | 8 USD | 1.2 | — | 1:2000 | MT4, MT5 |
| ECN | 50 USD | 0.0 | 4 USD | 1:2000 | MT4, MT5 |
| Booster | 8 USD | 2.0 | — | 1:2000 | MT4, MT5 |
| Bonus | 8 USD | 2.0 | — | 1:500 | MT4 |
| PRO | 500 USD | 0.6 | — | 1:2000 | MT4, MT5 |
Cent and Standard cost the same to open: 8 USD, spreads from 1.2 pips, no commission. Contract size is what separates them. More on that below.
ECN suits people who track the cost of every trade. Spreads start at zero and you pay 4 USD per lot instead. Scalpers tend to land here.
PRO needs 500 USD and gives spreads from 0.6 pips with no commission. If you usually trade several lots at a time, run the numbers against ECN first.
Booster and Bonus are promotional accounts. Read the bonus terms before you take one, because bonus money nearly always has a trading-volume requirement attached. Bonus runs on MT4 only and tops out at 1:500.
Cent or Standard: same deposit, different scale
On a Cent account your balance shows in US cents. Put in 8 USD and the terminal reads 800 USC. One lot is 1,000 units, so the smallest trade, 0.01 lot, moves about a tenth of a cent per pip on EUR/USD.
On Standard, a lot is the usual 100,000 units. The same 0.01 lot is worth around 10 cents a pip. That's a hundred times more.
Start on Cent while you test a strategy or get used to how orders fill. Switch to Standard once cent-sized results stop telling you anything useful.
What 1:2000 leverage actually changes
Leverage sets how much margin the broker holds while your trade is open. It doesn't change how much you make or lose per pip.
Say you buy 0.01 lot of EUR/USD at 1.10 on a Standard account. The position is worth about 1,100 USD. At 1:100, the broker holds 11 USD as margin. At 1:500 it's 2.20 USD. At 1:2000, 55 cents.
Pip value stays at 10 cents in all three. A 50-pip move against you costs 5 USD, which is most of an 8 USD balance. High leverage only lets you open that trade, or a few of them, with less money down. That's exactly how small accounts get wiped out.
How to open a Valetax account
Register
Follow the sign-up link, enter your email and phone number, and pick a password.
Verify your identity
Upload an ID and a proof of address. You can't withdraw without it, so get it out of the way early.
Choose an account and platform
For a first live account, Cent on MT5 is a sensible default.
Deposit
Pick a local method, a card, an e-wallet or USDT. 8 USD is enough for Cent or Standard.
Trade small
Stay on demo or Cent until your results look like something you'd repeat.
Deposits and withdrawals
Valetax lists more than 50 payment options: bank transfer, cards, e-wallets such as Skrill and Neteller, crypto, and local methods that differ by country. Indonesian clients get local deposits in rupiah. In Latin America it depends on where you live, so check the cashier after you log in.
Accounts are held in USD. If you pay in local currency the exchange rate matters, so compare the deposit rate with the withdrawal rate before moving larger sums. Some users have complained about the gap between the two.
Regulation and safety
Valetax International Limited is licensed by the Financial Services Commission of Mauritius under licence number GB21026312. A sister company, Valetax Global Limited, is registered in St. Vincent and the Grenadines.
Both are offshore jurisdictions. They allow high leverage and lighter rules than Europe or Australia, and investor compensation is thin or missing. Valetax does offer negative balance protection, so you shouldn't lose more than the money in your account.
Valetax isn't licensed by regulators in Latin America or by Indonesia's OJK. If local supervision is a must for you, look elsewhere.
Strong points and weak points
In favour
- You can start with 8 USD on Cent or Standard.
- The Cent account lets you practise with tiny amounts.
- MT4 and MT5 on almost every account.
- ECN spreads from 0.0 pips with a flat 4 USD commission.
- Local payment methods and crypto.
Against
- No top-tier regulator; the licences are offshore.
- 1:2000 leverage can empty a small account in minutes.
- Young company, operating since 2021.
- Some traders report slippage around big news releases.
- Bonuses come with volume conditions.
Frequently asked questions
Is Valetax legit?
Valetax operates under an FSC Mauritius licence (GB21026312) and offers negative balance protection. That's an offshore regulator, not a top-tier one. It can work for small amounts and learning; for serious capital, a more tightly regulated broker makes more sense.
What is the Valetax minimum deposit?
8 USD for the Cent, Standard, Booster and Bonus accounts. ECN needs 50 USD and PRO needs 500 USD.
Does Valetax have a demo account?
Yes. You can open a demo from your client area and practise with virtual money before depositing.
Which platforms does Valetax use?
MetaTrader 4 and MetaTrader 5, on desktop, web and mobile. The Bonus account is MT4 only.
Does Valetax accept clients from my country?
It accepts clients from much of Latin America and Asia, but the list changes. The sign-up form will tell you whether your country is available.
Can I withdraw bonus money?
Usually not straight away. Bonuses generally need a set trading volume before they're released. Check the terms of each promotion.
Want to try it with a small amount?
Open a Cent account, deposit 8 USD and trade the minimum lot. A week of real trades will teach you more than a month of videos.