About Our Global Companies
Valutrades_LogoSpot
Valutrades_SYLogoSpot

Company

Valutrades Limited - a company incorporated in England with company number 07939901. View more information here.
Valutrades (Seychelles) Limited - a company incorporated in the Seychelles with company number 8423648-1.

Regulation

Regulated by the FCA (Fincancial Conduct Authority). Financial Services Register Number 586541.
Regulated by the FSA (Financial Services Authority). Regulatory Number SD028.

Max Leverage

30:1 (or up to 500:1 for Professional clients, click here to find out more about professional client status)
Up to 500:1

Country

United Kingdom
Seychelles

Negative Balance Protection

Yes
Yes

Recent Posts by Stuart McPhee

How to Use Moving Averages Effectively

A popular way of identifying trends is using moving averages. A moving average is a line on a chart that smoothes out price action by calculating an average of closing prices over a period of time and displaying the result on a chart providing an overall direction for a set period.

There are two variables to be determined when using a moving average. You need to decide first on the time period you are going to use to obtain the average and, second, what method of averaging you are going to use.

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Market Wrap – March 2020

What a month!  Only a month ago we were talking in terms of tens of thousands of people infected with COVID-19, which has now ballooned out to several hundreds of thousands and quickly approaching one million.  Financial markets are rattled and have become ludicrously volatile with wild swings being experienced on a regular basis. Most major central banks have taken emergency action to cut rates (some repeatedly) and increased stimulus measures. 

In a TV interview, the OECD’s secretary general Angel Gurria has said the economic fallout from the coronavirus pandemic will be felt far beyond the immediate impact of the virus. “What you have is an economic effect now that, very clearly, is going to be prolonged beyond the period of the pandemic,” Angel Gurria said.  “We’ll hopefully get rid of the pandemic in the next two or three months and then the question is how many unemployed (will there be), how many small and medium-sized enterprises will be in a very, very severe situation if not disappeared by that time,” he added. “Life, and economic activity, is not going to be normalized any time soon,” he said. “We’re going to have the impact of this crisis for a long time to come.”

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The Realities of Being a Full Time Trader

One of the most common questions I receive at trading events relates to making that transition from being a part time trader to trading full time and deriving an income from their trading activities.  

I know many people think about this - how should one start out in forex trading while still holding down a full-time job?  Then, how should one transition from a full-time job to be a forex trader?

This is always a difficult situation to assess and of course, everyone’s situation is very different.  It is important that people don’t think they can quit their job on Friday with next to no trading experience and start trading successfully the following Monday.  This ambition is farcical.  

The reality is that developing the necessary skills and attributes to be a successful trader takes time – a lot of it.  We almost need to train ourselves to think very differently and counter intuitively. 

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Market Wrap – February 2020

All financial markets have been concerned about for the last month has been the Coronavirus out of China, which has now infected tens of thousands of people around the world.  As regular updates emerge about the coronavirus and how quickly it is spreading, markets and investors around the world have been gripped by fear with the rapid spread of the coronavirus.  Equity markets have plummeted and generally across the board we have seen a surge in volatility. U.S. Federal Reserve (Fed) Chair Jerome Powell has previously said the rate cuts last year kept the economy on solid footing and no further decreases were needed unless the outlook darkened.  Well now with the virus, "Uncertainties about the outlook remain, including those posed by the new coronavirus," Powell said at a recent media conference. "There is likely to be some disruption to activity in China and globally" from the virus. "It's too early to say what the effect will be" in the U.S. "We are monitoring it carefully.", he added.

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5 Simple Things All Successful Traders Do to Gain an Edge

“If I wanted to become a tramp, I would seek information and advice from the most successful tramp I could find. If I wanted to become a failure, I would seek advice from people who have never succeeded. If I wanted to succeed in all things, I would look around me for those who are succeeding, and do as they have done."

Joseph Marshall Wade

Along my own trading journey, I have met many intelligent and savvy people who have taught me something about myself and trading. 

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Market Wrap – January 2020

If we didn’t have enough issues rattling financial markets, along comes the Coronavirus out of China, which has now infected thousands of people around the world.  As regular updates emerge about the coronavirus and how quickly it is spreading, markets and investors around the world have been gripped by fear with the rapid spread of the coronavirus.  According to data from the World Health Organization (WHO) and Chinese state media, the deadly coronavirus has taken the lives of at least 170 people in China and infected thousands more globally.  As widely expected, the U.S. Federal Reserve kept their benchmark rate steady. Fed Chair Jerome Powell has previously said the rate cuts last year kept the economy on solid footing and no further decreases were needed unless the outlook darkened.  "Uncertainties about the outlook remain, including those posed by the new coronavirus," Powell said at the post meeting media conference. "There is likely to be some disruption to activity in China and globally" from the virus. "It's too early to say what the effect will be" in the U.S. "We are monitoring it carefully.", he added.

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Why Defence Wins in Forex Trading

Why do people trade? For most, their primary motivation is to make money. Sure, there are secondary reasons however they all stem from the undeniable urge to make money.  

I will often ask this question at the beginning of presentations … who trades to make money? Interestingly, most people are shy or reluctant to admit that their primary motivation is to make money.  Almost as if it is something to be ashamed of.  

Let me introduce you to what I think is the great irony in trading. The primary reason why people trade, is to make money. Yet, it is the money that often causes people to make all the mistakes and not make money, because they focus too much on it.

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Market Wrap - December 2019

The main issue in December was the British election and its possible impact on Brexit plans.  British Prime Minister Boris Johnson returned to Downing Street with a big majority after the Conservatives easily accounted for Labour in its traditional heartlands.  Mr Johnson said it would give him a mandate to "get Brexit done" and take the United Kingdom out of the European Union next month. Earlier in the month, the U.S. Federal Reserve’s (Fed) Federal Open Market Committee had its two-day policy meeting, keeping interest rates steady, as widely expected.  Unlike many previous meetings, the decision to keep rates unchanged was unanimous. After three straight interest rate cuts this this year, the Fed kept the funds rate in a target range of 1.5%-1.75%. More importantly, the Fed indicated that no action is likely next year while there is persistently low inflation.

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Managing Risk: Why Forex Traders Need to Understand Probability

It is widely accepted that when you start trading, you never consider the most critical issues to becoming a consistently profitable trader.  Often, all you can think of is how much money you are going to make and how you cannot wait to start.

When it comes to managing risk, an often-overlooked component is probability, or the likelihood of something happening.  Even then, I strongly believe that many traders misinterpret the rules of probability. Some believe that if they have an unprofitable trade, somehow this increases the chance that their next trade will be profitable. If they incur a string of losses, they believe that their chance of a profitable trade increases as each unprofitable trade passes.

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Market Wrap - November 2019

The most dominant issues in November were the United States Federal Reserve (Fed) and their plan on interest rates, as well as the latest update in the Brexit and election saga.  In the U.S., the spotlights are always on the Fed and at a recent conference in Washington, New York Federal Reserve President John Williams said that the Fed has interest rates at the appropriate level for the U.S. economy.  "I think we have monetary policy in the right place. The economy is right where we would like it to be." Markets only see around a 25% probability of a rates move at the Fed’s next meeting on 10th – 11th December.  The Brexit critics continue to roll up to have their say.  Recently retired former speaker John Bercow says leaving the EU is the United Kingdom's 'biggest blunder since World War II'.  At a dinner in London, Mr Bercow was quoted as saying, “I don’t think it helps the UK. Brexit is the biggest mistake of this country after the war. I respect prime minister Johnson, but Brexit doesn’t help us. It’s better to be part of the [EU] power bloc.”

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