Most “Valetax review” pages repeat what the broker says about itself. We did something simpler and more useful: on 22 October 2026 we looked up each Valetax company on the regulators’ own public registers. Below is what we could verify, what we could not, and what it means for a trader in Asia.
Valetax licences we verified
We could not verify any licence of the Valetax group on an official register.
Claims we could not verify
These appear on the broker’s own pages or in third-party reviews. We could not confirm them on an official register, so treat them as unverified:
- FSC (Mauritius): Valetax International Limited, licence GB21026312 (register not reachable or blocking automated checks).
- St Vincent and the Grenadines: Valetax Global Limited, registration 23398 (a company registration, not a forex licence: St Vincent’s financial authority does not license forex brokers).
Which company will open your account?
Large broker groups use several companies with different licences. The company that matters is the one named in your client agreement, and that depends mainly on where you live. Valetax’s website says it is a group domain and that the company you deal with “will depend on the company with which you are onboarded”; the documents are only shown after sign-up. It lists two companies: Valetax Global Limited in St Vincent and the Grenadines and Valetax International Limited in Mauritius. Ask which one will hold your account. Before depositing, open the client agreement and check that the company name and licence number there match the register. You can search for the licence yourself on the FSC Mauritius register.
What the licences mean for your protection
| Regulator | Type | Compensation if the company fails |
|---|---|---|
| FSC (Mauritius) / St Vincent | Not verified by us | Unknown |
Accounts
Valetax lists these account types: Cent, Standard, ECN, Booster, Bonus, PRO. It offers a cent account, which lets you trade very small sizes; see our cent account guide. It also has a raw-spread account with commission. Spreads and fees change, so compare the current figures on the broker’s site; our guide to trading costs shows what to look at.
Our verdict
We could not verify any Valetax licence ourselves: the Mauritius register blocked our checks, and the St Vincent company is a registration, not a licence. Even if the Mauritius licence is valid, it is an offshore licence with no compensation scheme. Valetax advertises leverage up to 1:2000 and an 8 USD minimum deposit, which is typical of lightly regulated offshore brokers. If you use it, deposit small amounts, test a withdrawal early and withdraw profits regularly.
How to check it yourself in five minutes
- Find the company name and licence number in the footer of the broker’s website or in the client agreement.
- Search for that company on the regulator’s own register, not through a link sent by the broker.
- Check that the website address and company name on the register match.
- If anything does not match, treat it as a clone or a scam. Our guide on how to check a broker’s regulation shows each step.
Frequently asked questions
Is Valetax regulated in my country?
Probably not. Vietnam’s State Bank has not licensed any retail forex broker, and offshore brokers are generally not licensed by Asian regulators. That is why the licence of the company that opens your account matters so much.
Is my money safe with Valetax?
No broker is risk-free. Your protection depends on the company that holds your account: an FCA or CySEC company is covered by a compensation scheme, an offshore company usually is not. Keep only the money you actively trade with at any broker.
Disclosure: Valetax is one of the brokers leaksfx may receive a commission from, and our author works with some brokers as an Introducing Broker. That is why we limited this page to facts that can be checked on official registers; see how we review brokers. Forex and CFD trading on margin is high-risk and most retail traders lose money. If you decide to open an account after reading this, you can use our Valetax link.