Valetax

Valetax broker, which some Persian sources also spell "Valtex", is an international forex broker known for its six account types, leverage of up to 1:2000 and swap-free Islamic accounts by default. In this overview, the Teagle editorial team reviews Valetax's licence, legal structure, accounts and payment methods based on Teagle's data, with the emphasis that for Iranian users, the client acceptance policy matters more than technical features.

What kind of broker is Valetax?

Valetax operates with a focus on fast execution, competitive costs and access to forex, precious metals, indices and cryptocurrencies. According to the profile registered on Teagle, this broker uses entities registered in Mauritius and Saint Vincent and the Grenadines and keeps client funds in segregated bank accounts. Its year of establishment is not recorded in Teagle's data. Additional services include bonuses, cashback, rebates, education, copy trading with a dedicated section in the main menu, expert advisors, a VPS and an IB programme. The Valetax website has separate step-by-step guides for deposits, withdrawals, account opening and identity verification.

Valetax broker licences and credibility

One active licence is recorded for Valetax in Teagle's listing: Financial Services Commission with number GB21026312. According to the Teagle team's review, Valetax operates through two companies: one supervised by the FSC of Mauritius and the other registered in Saint Vincent and the Grenadines with no forex regulator. Even so, the broker claims regulation in both jurisdictions. More importantly, it is not clear until registration is complete which entity your account falls under, and the relevant legal documents only become available after registration. The FSC of Mauritius is itself an offshore licence and one of the lower tiers of supervision. To assess this structure, read the articles offshore and onshore brokers and regulation and broker tier ratings .

Does Valetax serve Iranians?

No. In the official website footer, Valetax explicitly lists Iran among restricted countries, and it has no Persian website or support. If any source presents this broker as suitable for Iranian users, compare that claim with the official notice on the website. The Teagle expert recommends not relying on advertising, Islamic accounts or high leverage, and formally checking the acceptance policy and the contracting entity before opening an account.

Valetax trading accounts

All accounts are offered on MT4 and MT5, with no requotes, an Islamic version, a 60% margin call and a 30% stop-out:

• Cent account: minimum deposit $8, spreads from 1.2 pips, leverage up to 1:1000 and 32 symbols; suitable for small capital.
• Standard account: minimum deposit $8, spreads from 1.2 pips, leverage up to 1:2000 and 52 symbols.
• Pro account: minimum deposit $500, spreads from 0.6 pips, no commission and 42 symbols.
• ECN account: minimum deposit $50, raw spreads from 0 pips, $4 commission and 42 symbols.
• Booster and Bonus accounts: minimum deposit $8 and spreads from 2 pips; Booster with leverage up to 1:2000 and 49 symbols, and Bonus with leverage up to 1:500 and 20 symbols.

The Booster and Bonus accounts are designed for receiving rebates and bonuses, but their higher spreads mean the cost of the bonus is effectively recovered through trading costs; see the bonus terms on the broker bonuses page . For the cent account, the article best brokers for cent accounts is useful. Leverage of 1:2000 is very risky for beginners; before using it, read the guide leverage and leveraged trading .

Valetax trading platforms

MetaTrader 4 is available for Windows, Android, iOS and WebTrader, and MetaTrader 5 for Windows and Android. Copy trading is also part of the services; we explain how it works in the copy trading guide .

Deposits and withdrawals at Valetax

Valetax has fourteen payment providers, including Visa, Mastercard, Neteller, Perfect Money, USDT and local Asian methods. Online banking and e-payments for Malaysia and Indonesia are free and instant, with a minimum of 50 ringgit or 100,000 rupiah. USDT deposits start from 50 Tether with a 1.5 Tether fee and are processed within 10 minutes to 4 hours. Withdrawals via all methods are listed as taking up to 24 hours with a "very small" fee. There is no rial method.

Valetax's score and risk on Teagle

Valetax's final score on Teagle is 2.73 out of 5: WikiFX 4.08, Teagle expert 3.1 and Forex Peace Army 1; no reviews from Teagle users have been submitted yet. The Teagle Eye risk index for this broker is 64 out of 100, in the "high risk" category; a single offshore licence and the unrecorded year of establishment are among the reasons.

Pros and cons of the Valetax broker

• Pro: six account types from Cent to ECN with a minimum deposit of $8
• Pro: Islamic account by default and a variety of payment methods
• Pro: step-by-step guides and copy trading
• Con: Iran is on the list of restricted countries and there is no Persian support
• Con: claims regulation in two jurisdictions while only one has a regulator
• Con: legal documents are only available after registration
• Con: 1:2000 leverage and high risk for beginners

Who is Valetax suitable for?

In the Teagle expert's view, Valetax is worth considering for Persian speakers living in other countries who want a variety of commission-free accounts. It is not suitable for those who want Persian support, those who want to read the legal documents before registering, or beginners who see high leverage and bonus accounts as an advantage. For comparison, see Valetax vs Exness comparison .

Conclusion

Valetax offers competitive trading features, but it does not accept Iran and the contracting entity is not clear until after registration. If you are eligible, read the documents before depositing, start with a small amount, make a test withdrawal and follow the warnings on the Teagle risk warning page .