Valbury Review 2023: Scam Or Safe? Read This Updated Analysis Report

Valbury Review

Valbury Asia Futures is a name that doesn’t need an introduction in the Indonesian Future Trading Industry. However, in its long & proven history, the brokerage platform garnered several controversies, whether it’s in terms of withdrawal or lack of global regulations. Therefore, our detailed Valbury Review 2023 will include all these aspects to provide a clear overview of this brokerage.

This Futures trading-specific platform offers a wide range of financial products, including forex, commodities, indices, and more. In addition to its trading capabilities, it also offers a range of educational resources and tools to help traders of all levels improve their skills and knowledge. 

In this Valbury Review 2023, we will take an in-depth look at the features and services offered by the platform, as well as its overall performance and customer support. 

Who Is Valbury Broker?

  1. Valbury Asia Futures (VAS), shorthand for Valbury Indonesia, is a Futures-centric trading platform for Indonesian investors & traders, active since 2000. The founder of this trading platform PT. Halim Danamas is among the founding member of the Jakarta Futures Exchange. 

As a derivative-oriented trading service provider, the broker limits itself to just futures trading on Forex, Metals, Crude Oil and Indices. At the same time, it stands out due to its generous earning program, which is exceptional in the industry. 

Meanwhile, the platform is authorized to operate in the country under several licenses from Indonesia’s local jurisdictions. The platform’s core aims to serve in Indonesian market can be counted as its primary reason for lacking global regulations. 

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Valbury Scam Test: Is It Safe?

Our scam investigation report from Valbury Review 2023 revealed the broker is absolutely legit & safe to trade with due to the heavy regulatory licenses it holds. However, these licenses & regulations bound it to be available for Indonesian clients only. 

Here’s a list of regulatory licenses it holds in Indonesia:

  • Commodity Futures Trading Regulatory Agency (BAPPEBTI) – No. 184 / BAPPEBTI / SI / II / 2003
  • Alternative Trading System License Agreement – No. 1147 / BAPPEBTI / SP / 3 / 2007
  • Member of the Jakarta Futures Exchange (BBJ) – SPAB-046 / BBJ / 06/02
  • Member of PT Indonesian Futures Clearing House (Persero) – No. 13 / AK-KBI / III / 2003

Overall, based on our findings, we conclude it is a legit platform specifically available for Indonesian clients. So, if you’re trading from outside Indonesia, we don’t recommend it; instead, go for a global broker – InvestFW

What Trading Products Does Valbury Offers?

As said earlier, VAS limits itself to a Futures trading-oriented platform; therefore, CFD & spot trading isn’t available. The offered trading instruments by the platform include

  • Forex
  • Crude Oil
  • Index
  • Precious Metals

Our analysis report from Valbury Review 2023 revealed the platform fails to offer Crypto & Commodity trading; subsequently, it may not suit you in case you want a complete trading platform. 

What Are The Account Types Available At Valbury?

The platform offers a single trading account through which you can trade Forex, Metals & Indices. Moreover, it does offer a free demo account. 

Through our assessment report from Valbury Indonesia Review 2023, we can only say the platform’s services are below our satisfaction, especially regarding offering account types. 

How To Sign Up On Valbury?

Before signing up for a live trading account, you’ll need to register on a free demo account first. Here’s the simplified process:

Registering for a free demo account – 

  • First, download & launch the Valbury app.
  • Now, click on the ‘Get Started’ button. 
  • Fill in your Name, Email and Referral code (if you have any), along with the mobile phone number.
  • Tap on the “Misscall Me” button; you’ll receive a call. 
  • Enter the last four digits of the number calling you.
  • Now, click the ‘Continue’ button and your account will be activated. 

Registering For A Live Account – 

  • Log in to your demo account>Click the Profile icon>Switch Account>Select Live Accounts.
  • Click on the ‘Create New Live Account’ button.
  • Read the User Agreement carefully and click the ‘Submit’ button.
  • The verification team may contact you for additional information. In between, check your inbox for application status updates.
  • Alternatively, you can create a new account through the Valbury client area. 

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Valbury Review 2023: Fees, Spreads & Commissions

The broker charges a fixed trading fee on every transaction done on the platform. The broker also charges a fixed spread; but any specific information related to it isn’t available on the platform. 

Other than this, there are no commission charges applicable. However, withdrawals may incur a fee of $2 per transaction. 

Here’s a Valbury Asia Futures Fee Structure: 

  • PPN – 11% per trade
  • Trading Fees – 0.05% per trade
  • Deposit Fees – 0
  • Withdrawal Fees – $2 per withdrawal

Overall, our investigation from Valbury Review 2023 finds the broker fee is slightly higher. So, if you’re searching for a low-cost option, we don’t recommend it. Instead, go with InvestFW, the best low-cost brokerage platform. 

Deposit & Withdrawal Conditions At Valbury Asia Futures

The broker supports local bank transfers for fund deposits & withdrawals. Meanwhile, the minimum deposit limit depends on the margin rate. At the same time, there is a withdrawal fee each time you cash out your profits.

The supported payment options for deposits & withdrawals include 

  • Bank Central Asia (BCA)
  • CIMB Niaga Bank
  • China Construction Bank (CCB)
  • Indonesian State Bank (BNI)
  • Mandiri Bank

Meanwhile, our findings from Valbury Review 2023 revealed the broker’s limited payment method & lack ness of e-wallets & debit/credit card support need room for improvement. 

How To Deposit Funds Into Valbury Account?

To deposit funds into your account, enter your profile and choose the ‘Top Up Balance’ menu. 

Now, make a manual bank transfer to one of the following separate accounts: 

Bank Central Asia (BCA)

  • 035 311 9068 (IDR)
  • 035 311 7278 (USD) 

CIMB Niaga Bank

  • 800000463900 (IDR)
  • 800012405040 (USD)

China Construction Bank (CCB)

  • 100-02-11393 (IDR)
  • 100-01-98435 (USD)

Indonesian State Bank (BNI)

  • 759171359 (IDR)

Mandiri Bank

  • 1220010854787 (IDR)

The amount may take upto one working day to reflect in your account. Meanwhile, the maximum deposit limit is Rp. 20,000,000 – (twenty million rupiah) per day.  

How To Withdraw Money From Valbury?

  • To withdraw funds from your account, enter your profile and choose the ‘Withdraw’ menu. 
  • Now, enter the amount, select the payment option, and click the ‘Continue’ icon. 
  • Your withdrawal request will be processed in 2-3 business days. 

Does Valbury Offer Leverage Trading?

The broker offers maximum leverage of up to 1:100 for all asset types. However, the allotment of leverage solely depends on the broker. Therefore, you may have to prove your eligibility to access the broker’s maximum leverage.

What Trading Platforms Does Valbury Support?

The broker offers services through one of the most advanced trading platforms – MetaTrader4 (MT4), along with a proprietary mobile app. 

During our research for Valbury Review 2023, we find the platform’s user interface to be beginner-friendly. All menus & icons were well in place. However, the lack of MT5 may dissatisfy seasoned traders. 

Here’s a list of all the features of each trading platform:

MetaTrader4 (MT4)

  • 9+ Timeframes
  • 1 Click Trading
  • 50+ indicators and charting tools
  • 9 Chart Types
  • Hedging allowed
  • VPS Functionality

Valbury App

  • 9+ Timeframes
  • 1 Click Trading
  • Instant order execution and no re-quotes
  • Account customization options in-app
  • Up-to-the-minute charts
  • Over 90 trading indicators
  • Latest news, analysis, and market research

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Does Valbury Have An Educational Program To Help Traders?

The Indonesian broker offers interactive educational support to its clients through a dedicated section – Education & News. The available tools in the section, including Articles, Tutorials, Market Insights, Market Alerts & Webinars, are created especially for traders’ education. 

However, it still misses out on some common research tools, including an economic calendar and calculator. If these tools were there, we would have rated it 5/5. But for now, our findings from Valbury Review 2023 suggest the educational & research tools are not upto the mark. 

What Is Valbury Referral Program & How To Participate In It?

The broker’s refer & earn program entices existing clients to introduce their contacts to the platform and get rewards for each referral. 

It rewards up to $15 extra on every lot they trade. To participate, go to your profile and find a unique referral code. Then, share it with your family, friends, or anyone. If anyone starts trading through your link, it will be counted as your referral. 

Valbury Customer Support

The broker offers good customer support services through its dedicated “Help Center.” Through this section, you can find answers to your queries related to the platform, deposits & withdrawals.

Meanwhile, you can also raise a support ticket. While the broker didn’t mention anything about its phone support, we still found a dedicated customer support number. Here are the contact details:

Valbury Review 2023: Pros & Cons

Pros Cons
Proven Track Record & Long History Limited To Future Contracts Trading
24×7 Dedicated Phone & Email Support Lacks Crypto & Commodity Trading
Generous Referral Program High Fees
Advanced Trading Platform
Access To Free Demo Account

Final Verdict On Valbury Review

Based on the overall findings from Valbury Review 2023, we would rate this broker 3/5. The services of the platform are well-suited for beginners & professional traders alike. In addition, there is a good selection of educational tools, and advanced trading platforms & account registration is also straightforward.

On the contrary, its limitation to Future contracts trading and limited product availability is something you should not ignore before deciding to trade on it. And its services to Indonesian clients may be counted as the biggest miss out for you if you’re outside Indonesia. 

Overall, considering the overall performance, we don’t recommend this broker. Instead, we suggest you trade with an even more reliable & global broker – InvestFW. The broker’s services expand 300+ underlying assets from all major financial markets.

FAQs

What Is The Valbury Minimum Deposit To Start Trading?

The minimum deposit to start trading on the platform depends on your chosen margin rate. 

How To Delete Valbury Trading Account?

To delete your trading account, contact the support team via email or phone line. Put in front your concern. The team will ask for additional reasons and documents if needed. And your request will be processed in 3-5 working days. 

How To Recover Lost Valbury Login Details?

  • Go to the login page and click the “Forgot Password” link.
  • Enter the email address associated with your account.
  • Follow the instructions provided in the email you receive to reset your password.

How To Upgrade Valbury Demo Account To Live Account?

  • Log in to your demo account>Click the Profile icon>Switch Account>Select Live Accounts.
  • Click on the ‘Create New Live Account’ button.
  • Read the User Agreement carefully and click the ‘Submit’ button.
  • The verification team may contact you for additional information. In between, check your inbox for application status updates.
  • Alternatively, you can create a new account through the Valbury client area. 

How Long Does Valbury Withdrawal Take To Process?

While most withdrawals are processed in up to 5 working days, some transactions may get stuck for various reasons, including incorrect bank details. If you’re facing the same issue, immediately contact the customer support team. 

How To Download The Valbury MT4 App?

To download the MT4 app, visit the official website – www.valbury.co.id and click on the “App Store” Or “Play Store” icon. 

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