Reported as a scam / unregulated
Why Valastrade is on the register
Valastrade is not a reliable broker for traders even though it states offers that look good to be true. Valastrade claims it is a brand name of Valastrade Limited, a company registered and regulated by the Marshall Islands Registry (IRI). However, we did not find any match results to Valastrade in IRI. Besides, IRI is not a regulatory body that issues licenses for forex trading or regulates entities offering forex services. What’s more, Valastrade claims it is also registered in the Companie House of the United Kingdom (CH) with registration number: 13633122. We indeed find a match result to the registration number in CH. CH is the United Kingdom’s registrar of companies which has no legit rights to regulate any forex activities. Having registration does not mean having any regulation. As per the United Kingdom law, all firms and individuals offering, promoting, or selling financial services or products in the UK have to be authorized or registered by the UK financial regulator – FCA. However, we did not find any match results to Valastrade in FCA. The truth is that Valastrade is not overseen by any regulators. Investor’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.