Valiant Markets foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://platform.valiantmarkets.com/registration/, about the company's legal and temporary regulatory information, the company's address .
Valiant Markets, founded in 2016, is an online trading platform owned by Global Tech Holdings Ltd. The broker claims to operate out of Saint Vincent and the Grenadines and has an additional office located at 23 Stasinou Street, 2nd and 3rd Floor, 2404 Engomi, Nicosia, Cyprus. It primarily serves retail clients interested in trading various financial instruments, including forex, stocks, commodities, indices, and futures.
Despite its claims, Valiant Markets has faced scrutiny regarding its regulatory status and has been labeled as an unregulated broker. The platform offers over 1,000 trading instruments, catering to a global audience of traders, including those from Canada, the United States, the United Kingdom, and other regions.
The company has a history of operating for approximately 5-10 years and has made various claims regarding its trading services. However, the lack of a credible regulatory license raises significant concerns about the safety of investor funds. Valiant Markets operates on a retail forex model, focusing on providing trading opportunities to individual investors rather than institutional services.
Valiant Markets is not regulated by any major financial authority. The following regulatory bodies have issued warnings against the broker:
These warnings highlight that Valiant Markets is not registered to engage in the business of trading securities or derivatives in Canada. The absence of a regulatory license means that the broker does not have to adhere to strict financial regulations, which can lead to potential risks for investors.
Furthermore, Valiant Markets does not provide clear information regarding customer fund segregation policies or participation in investor compensation schemes. The broker has not demonstrated compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, which are essential for protecting client funds and ensuring transparency in trading activities.
Valiant Markets claims to offer a wide range of trading products, including:
While the broker advertises trading in over 1,000 financial instruments, it does not support cryptocurrencies, bonds, options, or ETFs. The platform updates its product offerings periodically; however, detailed information on new additions is not readily available.
Valiant Markets primarily targets retail clients, providing them with access to various financial markets. The broker does not appear to offer institutional services, white-label solutions, or asset management services.
Valiant Markets provides a proprietary trading platform accessible via web, Android, and iOS devices. However, it does not support popular platforms like MetaTrader 4 or MetaTrader 5, which are widely recognized for their advanced trading features and analytical tools.
The web-based platform lacks sophisticated functionalities, such as advanced charting tools or automated trading capabilities, making it less appealing to experienced traders. The execution model used by Valiant Markets is not clearly defined, which raises concerns about its reliability.
The broker does not provide information about the location of its servers or the technology infrastructure supporting its trading operations. Additionally, there is no mention of API access or support for algorithmic trading.
Valiant Markets offers a single standard account type with the following trading conditions:
No advanced or specialized accounts, such as VIP or Islamic accounts, are available. The broker does not provide a demo account for prospective traders to practice before committing real funds.
Leverage offered by Valiant Markets is up to 1:100, which is higher than what many regulated brokers provide. However, this level of leverage can pose substantial risks, especially for inexperienced traders.
The minimum trade size and overnight fees are not explicitly stated, leaving potential investors with limited information regarding trading costs.
Valiant Markets supports several deposit methods, including:
The minimum deposit requirement is $250, which is higher than the average for many legitimate brokers. Deposit processing times are not disclosed, but it is implied that transactions occur relatively quickly.
Withdrawal methods are limited, and the broker charges a $25 fee for wire transfers. There is also a clause in the terms and conditions stating an additional 5% fee applies if the total investment is less than 40% of the total deposit. This lack of transparency in withdrawal fees raises concerns about the broker's practices.
The processing time for withdrawals is not clearly defined, and clients have reported issues with accessing their funds, which is a common red flag associated with unregulated brokers.
Valiant Markets provides customer support through various channels:
The support team claims to operate 24/7, but the effectiveness of the service has not been verified, with some users reporting difficulties in reaching support when needed.
The broker does not appear to offer extensive educational resources, such as webinars, tutorials, or eBooks. There is limited market analysis or research reports available to clients, which could hinder their trading decisions.
Trading tools such as calculators and economic calendars are not mentioned, indicating a lack of support for traders seeking to enhance their trading experience.
Valiant Markets claims to serve clients globally, with a particular focus on markets in:
However, the broker does not accept clients from certain jurisdictions where trading regulations are stricter. Specific countries or regions where clients are restricted are not clearly listed, but the lack of regulatory oversight suggests that potential investors should exercise caution.
In conclusion, while Valiant Markets presents itself as a trading platform with a variety of offerings, the lack of regulation, transparency, and reliable customer service raises significant concerns. Prospective clients are strongly advised to conduct thorough research and consider safer, regulated alternatives before investing their funds with Valiant Markets broker.
Exposure Investor Caution
Nova Scotia Securities Commission (NSSC) issued a warning against Valiant Markets dated 25 July 2024.
FX1394879811
Australia
Valiant Markets offers a very good trading platform with tight spreads and no commissions, which allows me to trade more efficiently. In addition, they offer a variety of deposit and withdrawal methods, which is very convenient. Overall, I am very satisfied with their service and trading experience and highly recommend it to other traders!
Positive
2023-03-27