WikiFX

Sagot

In my own experience as a trader, when evaluating any broker or trading service, the first thing I look for is clear regulatory status. For VALFOREX, according to the available information, it is not a licensed broker but rather a forex consulting firm operating out of China, and it is currently unregulated by any reputable financial authority. Instead of direct trading accounts, VALFOREX primarily provides services like expert advice, trading plan development, and risk management strategies, delivered through online platforms such as Zoom or Google Meet. From what I can see, there is no mention anywhere of a minimum deposit or a process for opening a live trading account, which further confirms my concern: this is not a broker offering client trading accounts, but rather charges a fee for consultation-based services. For example, their advertised "One-on-One Consultation" costs $29.99 for a 30-minute session. I have not found evidence suggesting VALFOREX offers its own trading platform, manages client funds, or functions as a custodial financial intermediary. Given the absence of regulation and a transparent operational structure, I would personally be extremely cautious. If your goal is to open a live trading account to place forex or crypto trades, this provider may not offer what you are seeking, and I cannot recommend engaging without full clarity and regulatory assurance.