Regarding the legitimacy of Valbury Market forex brokers, it provides a comprehensive investigation into the security aspects of regulatory and WikiBit, as well as whether there are any negative scam reviews.
Business
License
The regulatory license is the strongest proof.
FCA Market Maker (MM)
Financial Conduct Authority
Financial Conduct Authority
Current Status:
License Type:
Market Maker (MM)Licensed Institution:
Effective Date:
2001-12-01Email Address of Licensed Institution:
compliance@hycm.comSharing Status:
No SharingWebsite of Licensed Institution:
www.hycm.co.ukExpiration Time:
--Address of Licensed Institution:
Phone Number of Licensed Institution:
+442039067347Licensed Institution Certified Documents:
CYSEC Straight Through Processing (STP)
Cyprus Securities and Exchange Commission
Cyprus Securities and Exchange Commission
Current Status:
License Type:
Straight Through Processing (STP)Licensed Institution:
Effective Date:
2014-11-26Email Address of Licensed Institution:
info@hycm.comSharing Status:
No SharingWebsite of Licensed Institution:
http://www.henyep.com, www.hycm.eu, www.help.hycm.com,Expiration Time:
--Address of Licensed Institution:
Phone Number of Licensed Institution:
35725245750Licensed Institution Certified Documents:
CIMA Common Financial Service License
Cayman Islands Monetary Authority
Cayman Islands Monetary Authority
Current Status:
License Type:
Common Financial Service LicenseLicensed Institution:
Effective Date:
2018-05-17Email Address of Licensed Institution:
--Sharing Status:
No SharingWebsite of Licensed Institution:
--Expiration Time:
--Address of Licensed Institution:
Phone Number of Licensed Institution:
--Licensed Institution Certified Documents:
Valbury, officially known as PT Valbury Asia Futures, is an Indonesian brokerage firm that has established its presence in the forex and futures trading markets. Founded in 1993, Valbury has positioned itself as a key player in the Indonesian trading landscape, offering a variety of financial instruments, including forex, commodities, and indices. However, as with any trading platform, it is crucial for traders to conduct thorough due diligence before engaging with Valbury. The forex market is fraught with risks, and the choice of a broker can significantly impact a traders success or failure. Therefore, this article aims to evaluate Valbury's legitimacy by investigating its regulatory status, company background, trading conditions, customer safety measures, and user experiences. The analysis is based on extensive research, including reviews from reputable financial websites and user feedback.
Valbury operates under the regulation of the Indonesian authority, the Badan Pengawas Perdagangan Berjangka Komoditi (Bappebti). While Bappebti is a recognized regulatory body in Indonesia, it does not carry the same weight as top-tier regulators such as the Financial Conduct Authority (FCA) in the UK or the Australian Securities and Investments Commission (ASIC). Below is a summary of Valbury's regulatory information:
Regulatory Authority | License Number | Regulatory Region | Verification Status |
---|---|---|---|
Bappebti | 184/Bappebti/si/ii/2003 | Indonesia | Verified |
Although Valbury is licensed by Bappebti, the regulatory framework in Indonesia is often considered less stringent compared to other jurisdictions. This raises concerns about the level of investor protection provided. Furthermore, Valbury's historical compliance record has been mixed, with some reports of customer complaints regarding withdrawal issues. Thus, while Valbury is not a scam, potential clients should be aware of the limitations of its regulatory environment and proceed with caution.
Valbury has a long history, having been established in 1993, and has evolved over the years to adapt to the changing financial landscape. The firm is primarily focused on providing trading services to Indonesian clients and has built a reputation within the local market. Valbury is part of a larger group, which includes various financial services and investment offerings. The management team consists of experienced professionals with backgrounds in finance and trading, contributing to the firm's operational integrity.
However, the level of transparency regarding ownership and corporate structure could be improved. While the firm does provide basic information about its services, more detailed disclosures about its financial health and ownership structure would enhance investor confidence. This lack of transparency may lead to skepticism among potential clients, especially those who prioritize detailed corporate governance in their choice of broker.
Valbury offers competitive trading conditions, including a low minimum deposit requirement of just $1, which is appealing to novice traders. However, the overall fee structure and trading costs need to be scrutinized. Below is a comparison of Valbury's core trading costs:
Fee Type | Valbury | Industry Average |
---|---|---|
Average Spread (EUR/USD) | 1.8 pips | 1.2 pips |
Commission Model | Variable | Variable |
Overnight Interest Range | Not disclosed | Varies widely |
While Valbury's spreads are competitive, they are slightly higher than the industry average, which may impact profitability for active traders. Additionally, the lack of transparency regarding commissions and overnight interest rates may raise red flags for traders who prefer clear and straightforward pricing. It is advisable for traders to carefully review the fee structure before opening an account to avoid unexpected costs.
Valbury implements several measures to safeguard customer funds. Client funds are kept in segregated accounts, which is a standard practice to ensure that traders' capital is protected in the event of the company's insolvency. However, the firm does not offer any additional investor protection schemes, such as those provided by top-tier regulators like the FCA or ASIC.
Furthermore, there have been historical complaints regarding fund withdrawals, indicating potential issues with the firm's liquidity or operational processes. Such incidents can significantly affect traders' trust and willingness to deposit funds with the broker. Therefore, while Valbury has basic security measures in place, the absence of robust investor protection mechanisms should be a concern for potential clients.
User feedback on Valbury has been mixed, with some clients praising the firm's customer service and trading platform, while others have reported significant issues, particularly concerning fund withdrawals. Common complaints include delays in processing withdrawals and lack of responsiveness from customer support. Below is a summary of typical complaints and their severity:
Complaint Type | Severity Level | Company Response |
---|---|---|
Withdrawal Delays | High | Slow response |
Lack of Transparency | Medium | Average |
Poor Customer Service | High | Mixed |
One notable case involved a trader who reported being unable to withdraw funds for several weeks, leading to frustration and loss of trust in the platform. This highlights the importance of assessing not only the trading conditions but also the overall reliability of a broker's customer service and operational efficiency.
Valbury provides access to a proprietary trading platform as well as a mobile app. The platform is generally considered user-friendly and offers various analytical tools to assist traders. However, the absence of popular platforms like MetaTrader 4 or 5 may limit options for traders who prefer these established systems.
In terms of trade execution, user reviews indicate that while the platform performs well under normal market conditions, there have been instances of slippage and order rejections, particularly during volatile market periods. Such issues can negatively impact trading outcomes, especially for scalpers and high-frequency traders.
Using Valbury comes with inherent risks, primarily due to its regulatory environment and historical issues with customer service. Below is a summary of key risk areas associated with trading through Valbury:
Risk Category | Risk Level (Low/Medium/High) | Brief Description |
---|---|---|
Regulatory Compliance | Medium | Lacks top-tier regulatory oversight |
Withdrawal Issues | High | Historical complaints regarding delays |
Trading Platform Reliability | Medium | Occasional slippage and rejections |
To mitigate these risks, potential clients should consider starting with a small deposit and utilize the demo account (if available) to test the platform before committing significant capital. Additionally, maintaining a strict risk management strategy is essential when trading on any platform.
In conclusion, while Valbury is not a scam and operates under the regulation of Bappebti, its regulatory status and historical issues with customer service raise concerns for potential traders. The firm offers competitive trading conditions, but traders should be vigilant regarding fees and withdrawal processes.
For those considering Valbury, it is advisable to conduct thorough research and evaluate personal trading needs against the broker's offerings. If you are a beginner or prefer a broker with a more robust regulatory framework and better customer service, it may be wise to explore alternative options such as brokers regulated by the FCA or ASIC. Overall, while Valbury can be a suitable choice for Indonesian traders familiar with the local market, it may not be the best fit for those looking for a comprehensive and secure trading experience.
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