Valutrades Says “Business as Usual” After Pausing Onboarding and Cutting Client Segments

Wednesday, 09/09/2026 | 19:47 GMT by Tanya Chepkova
  • The broker said it stopped serving certain client segments and services that it no longer considers commercially sustainable or profitable.
  • Valutrades did not say when onboarding will resume, which services were affected or which jurisdictions now face closer review.
Valutrades
Valutrades no longer accepts new accounts.

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.

Graeme Watkins, CEO at Valutrades
Graeme Watkins, CEO at Valutrades

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.

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.

Graeme Watkins, CEO at Valutrades
Graeme Watkins, CEO at Valutrades

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.

About the Author: Tanya Chepkova
Tanya Chepkova
  • 447 Articles
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About the Author: Tanya Chepkova
Tanya Chepkova is a News Editor at Finance Magnates with more than 16 years of experience in financial journalism, covering forex, crypto, and digital asset markets. Her work spans daily industry reporting and data-driven, long-form explainers focused on market structure, trading models, and regulatory shifts. Before joining Finance Magnates, she led the editorial team of a cryptocurrency-focused media outlet for six years. Her reporting combines analytical depth with clear storytelling, with particular attention to how structural changes in trading, stablecoin infrastructure, and emerging products such as prediction markets reshape the broader financial ecosystem. She covers global developments and provides additional insight into CIS markets. Areas of Coverage: Crypto and digital asset markets Prediction markets Stablecoins and cross-border payments Industry analysis and long-form explainers
  • 447 Articles
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