Valutrades has paused new client onboarding and stopped serving some client segments, but still describes its global operations as “business as usual” and the changes as part of a strategic review of its client portfolio.
The statement came after Finance Magnates reported earlier today that new account applications were unavailable through both the broker’s UK- and Seychelles-regulated entities.
More Selective Client Onboarding
Valutrades is not exiting any market and remains operational across its global footprint, the company said in a press release, seen by Finance Magnates.
New applicants will face tighter screening, especially where clients or jurisdictions carry a higher risk profile.
Valutrades also said it is making “short-term technical changes” to its KYC and onboarding processes, but did not identify the affected services, client categories or jurisdictions.
“We’re concentrating our resources on client segments and markets that are aligned with our long-term business model and that we can serve sustainably,” CEO Graeme Watkins said.
Capital Position Remains Undisclosed
Valutrades also said its financial position remains unchanged and described the business as well-capitalised and supported by its shareholders. It pointed to client funds being held in segregated accounts with Tier 1 banks.
Meanwhile, Valutrades Limited reported a net loss of £671,705 for 2025, an improvement from the £2.59 million loss recorded a year earlier.
Following cumulative losses exceeding £6 million across 2023 and 2024, shareholders provided a further £600,000 capital injection in March 2026.
The company has not disclosed when it will resume onboarding.
This article was written by Tanya Chepkova at www.financemagnates.com.
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