Valiant Markets

Note: Valiant Markets's official website - https://www.valiantmarkets.com/ is currently inaccessible normally.

Valiant Markets is an offshore broker advertising trading in over 1,000 trading instruments including Forex, Stocks, Commodities, Indices, and Futures. It offers leverage up to 1:100 and requires a high minimum deposit of $250. However, its lack of regulation raises concern about asset safety.

Pros and Cons

Is Valiant Markets Legit?

No, Valiant Markets is absolutely not a legal broker. It claims to be registered in the United Kingdom, but this is not the case. In fact, this brokerage is registered and operates in Saint Vincent and the Grenadines, an offshore haven known for not regulating its markets in any way.

In addition, upon further investigation, we have found that as early as 2020, the Manitoba Securities Commission (MSC), a provincial regulatory agency in Canada, had already warned investors that Valiant Markets was involved in a fraudulent scheme.

What Can I Trade on Valiant Markets?

Valiant Markets advertises that it offers more than 1,000 trading assets in financial markets, including Forex, Stocks, Commodities, Indices and Futures.

Leverage

Valiant Markets offers leverage as high as 1:100. However, most regulatory jurisdictions deem such leverage levels unsuitable for retail traders. Consequently, most brokers that still offer high-leverage trading today are unlicensed – just like Valiant Markets, who are merely seeking to attract more clients and perpetrate fraud!

Spread

On the trading platform, the spread offered by Valiant Markets for the EUR/USD pair is 3.2 pips, which is uncompetitive. Regulated brokers typically offer spreads between 1 and 1.5 pips for this most heavily traded currency pair. Therefore, this is also a red flag.

Trading Platform

The platform available for trading at Valiant Markets is an unknown one, accessible on Web, Android, and iOS devices. Compared to the industry standard, Metatrader 5, it is quite simple, with no advanced charting and analytical tools, nor automated trading capabilities.

Deposit and Withdrawal

Valiant Markets accepts deposits via credit card, Bitcoin, and wire transfer. Among these, only credit card deposits are refundable, so you must exercise caution.

Valiant Markets has not provided information regarding minimum withdrawal amounts, nor whether there are any fees associated with deposits and witharawal. They claim not to charge any fees for credit card withdrawals. However, there is a clause buried in the terms and conditions stating that “additional 5% fee if investment is lower than 40% of total deposit.” Unregulated brokers often use such contradictory wording.

Promotions

Valiant Markets claims to offer some bonuses. However, only when you perform a trading volume of at least 30 times for each $1 bonus can you withdraw your bonus.