The Dark Side of Valuecoders: Debunking the Scam Claims

Pros and Cons

Pros:

• The minimum deposit is low.
• The trading platform is user-friendly.
• There are a variety of trading products and services offered.

Cons:

• Valuecoders is not regulated by any major financial regulator.
• There have been reports of customer complaints.
• The spreads and commissions are high.

How Does Valuecoders Reach To Their Prey?

Valuecoders use a variety of methods to reach their potential victims. These methods include:

• Cold calling: Valuecoders representatives will cold call potential victims and offer them the opportunity to trade with the broker.
• Online advertising: Valuecoders advertises on websites and social media platforms. These ads often make false or misleading claims about the broker’s services.
• Social media: Valuecoders representatives will often approach potential victims on social media platforms and offer them the opportunity to trade with the broker.

Technical Details

Minimum Deposit:

The minimum deposit at Valuecoders is $250.

Trading Platform:

Valuecoders uses the MetaTrader 4 platform. This is a popular trading platform that is used by many brokers.

Spread:

The spreads at Valuecoders are high. The average spread for EUR/USD is 1.5 pips.

Leverages:

The leverages offered by Valuecoders are high. The maximum leverage is 1:500.

Packages and Products They Offer

Valuecoders offers a variety of trading products and services, including:

• Forex trading
• CFD trading
• Stocks trading
• Cryptocurrencies trading
• Social trading
• Education and training

Withdrawal and Deposit Method

Valuecoders offers a variety of deposit and withdrawal methods, including:

• Credit cards
• Debit cards
• Wire transfer
• Skrill
• Neteller

What Do Their Previous Traders Say?

There are a number of complaints about ValueCoders online. These complaints allege that the broker is a scam and that they have lost money trading with the broker.

Summing Up- Why Should Not You Trust Valuecoders?

There are a number of reasons why you should not trust ValueCoders. These reasons include:

• The broker is not regulated by any major financial regulator.
• There have been reports of customer complaints.
• The spreads and commissions are high.
• The trading platform is not user-friendly.

If Bad Things Happen, Where Can You Get The Quick Solution?If you have lost money trading with Valuecoders, you may be able to get your money back. There are a number of organizations that can help you, such as the Financial Ombudsman Service (FOS) in the UK and the Securities Investor Protection Corporation (SIPC) in the US.