WikiFX Broker Assessment Series | Is Valbury Reliable?

About Valbury

Established in 2010, Valbury is a financial institution headquartered in the United Kingdom. Valbury offers a range of market instruments for trading, including forex, Index CFDs, Gold & Silver, and Crude Oil.

Is it Legit？

Valbury is a regulated broker. It is currently under the supervision and regulation of the Financial Conduct Authority (FCA) with license number 540418.

Trading Platform

Valbury seems to give traders the choice of MetaTrader4 and Moblie trading platforms. MetaTrader4 is known as one of the most successful, efficient, and competent forex trading software. With Mobile platforms, trading can be done from anywhere and at any time through the right mobile terminals.

Account Types & Minimum Deposit

Valbury does not provide any specific information about the type of account offered on its website. To obtain detailed information about the available trading accounts, interested traders are advised to contact Valburys customer service.

Exposure

Recently, WikiFX has received three complaints against this broker. The traders accuse this broker of withdrawal rejection.

On-Site Inspection

WikiFX has made a field survey on this broker and the inspection team didnt find the office. Investors should think twice about the above information and be cautious when choosing a broker.

User Reviews

WikiFX allows users to make comments about certain brokers. Unfortunately, this broker didnt earn many positive comments from the users. This is a red flag.

Spreads and Commissions

Valbury's website mentions that they offer “Competitive Spread” but does not provide specific information about the spreads or commissions. The only useful information about spreads Valbury revealed directly on its official site is that it offers a competitive spread as low as 0.35 for Gold. Other more detailed information is not available without login.

As for commissions, Valbury's website does not provide any information regarding commissions charged for trading. Commissions are fees that brokers may charge on each trade or as a percentage of the trade value. Traders need to understand the commission structure of a broker as it affects their overall trading costs. Since Valbury does not disclose commission details on its website, traders may need to contact their customer service or support team to inquire about the specific commission structure applicable to their trading accounts.

Deposit & Withdraw Methods

Valbury provides convenient deposit and withdrawal methods for its clients, although specific information regarding these methods is not available on its website. They emphasize easy withdrawals and an affordable initial deposit, indicating that they strive to offer accessible and straightforward processes for clients to fund their trading accounts and withdraw their funds. It is advisable for traders to directly contact Valbury's customer support or consult their account manager to obtain detailed information on the deposit and withdrawal methods available, as well as any associated fees or requirements.

Conclusion

Valbury offers international payment services and foreign exchange solutions to businesses and individuals. As a regulated entity, it operates under the oversight of FCA, providing a level of legitimacy. However, it is important to note the risk alert associated with this broker. While Valbury has lots of advantages, traders should exercise caution, conduct thorough research, and consider alternative options before engaging with this broker.