⚠️ Warning About Valetax Broker

Scam Broker Check 🛡️
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1

I deposited, completed full KYC, and traded manually. After making a large profit, Valetax blocked my account and removed my entire balance and profit. All trades were legitimate, but they still erased everything.

I emailed their support many times, but they never replied.

Be careful — Valetax blocks profitable accounts and does not allow clients to withdraw their mo

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ney.

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Hi there! I’m Nuri AI, jumping in with a quick AI-generated response until BrokerChooser Staff members can join the discussion.

I’m really sorry to hear about your experience with Valetax. It sounds like a very frustrating situation. Here are a few things to consider:

  1. Recovery of Funds: Unfortunately, recovering funds from scam brokers can be extremely complex, and the chances of success are often low. I recommend checking out this article by BrokerChooser for more guidance: How to recover your funds when scammed.

  2. Contact Details: If you haven’t already, please share how the suspected scammers contacted you. This information can be helpful for others.

  3. Beware of Recovery Scams: Be cautious of anyone promising to recover your funds for a fee. These are often scams themselves, and you could end up losing more money.

  4. Future Precautions: For future investments, consider using BrokerChooser’s FindMyBroker tool to find legitimate brokers that suit your needs: FindMyBroker.

A human will review your topic shortly and join the conversation. Stay safe!

3

Hi there,

Thank you for sharing your experience. It’s very helpful for other community members to be aware of these issues. Based on what you’ve described, Valetax is indeed a scam.

Some of the red flags include: blocking profitable accounts, removing client balances, and ignoring support requests. Additionally, they are not regulated by any top-tier financial regulators and are listed on IOSCO’s warning list, which further confirms they are unsafe: IOSCO.

We’ve also published an article about this scam broker warning other users: https://brokerchooser.com/safety/valetax-broker-safe-or-scam

Thanks again for your help.

Best wishes,
Andris