Responding to rumors being circulated by certain websites that it was exiting certain markets, and/or looking to shut down altogether, FCA regulated FX and CFDs broker Valutrades has issued a formal statement received by FNG entitled Valutrades Reaffirms Commitment to Global Operations, Announces Strategic Client Portfolio Review.
What seems to have fed the rumor mill are “New Account Applications are Closed” messages that one gets when trying to open an account on Valutrades’ website (see image above). The message appears whether at Valutrades’ UK site or its international site, operated offshore by Valutrades (Seychelles) Limited.
In its most recently reported set of financial results for 2025 Valutrades reported Revenues of £2.3 million, up by 16% from £1.9 million in 2024. The company’s Net Loss of £672K was improved from a £2.6 million deficit the previous year, as the company was also able to pare admin expenses by 25%, from £2.5 million to £1.9 million. Subsequent to year end, the Company received an additional capital injection of £600,000 from its shareholders.
Valutrades is run from London led by Graeme Watkins, who has been CEO since 2015. The company is controlled by Indonesian investors Aman Lakhiani and Anil Bahirwani.
The full statement issued by Valutrades reads as follows:
Valutrades Reaffirms Commitment to Global Operations, Announces Strategic Client Portfolio Review
Valutrades has recently confirmed that updated changes to its client servicing arrangements are part of a planned strategic review of its client portfolio, and do not signal an exit from any market or region. Valutrades continues to operate business as usual across its global footprint.
Portfolio Optimisation, Not Withdrawal
As part of ongoing business planning, Valutrades has discontinued servicing certain client segments and services that the company has determined are not commercially sustainable or profitable. This is a routine and prudent exercise of portfolio optimisation, not a broader retreat from any jurisdiction or market.
“What we’re doing is sharpening our focus — concentrating our resources on client segments and markets that are aligned with our long-term business model and that we can serve sustainably and well,” said Graeme Watkins, CEO.
A More Selective, Risk-Aware Approach to Growth
Going forward, Valutrades will take a more selective approach to onboarding new clients, particularly where those clients or their jurisdictions present a higher risk profile. This reflects the company’s ongoing commitment to robust risk management and full compliance with its regulatory obligations.
Valutrades’ KYC and client onboarding processes will evolve with some short term technical changes as they continue to be shaped by the company’s risk appetite, with heightened scrutiny applied to higher-risk jurisdictions. These practices are designed to protect the integrity of the business and the interests of its client base as a whole.
Financial Strength Unchanged
Valutrades remains well-capitalised, with client funds held in segregated accounts at Tier 1 banking institutions. The company continues to have the full backing and support of its shareholders, underscoring its stability and its commitment to long-term, sustainable growth.
Looking Ahead
“This is about focusing on a stronger, more resilient business — not stepping back from one,” Graeme Watkins added. “We’re investing in the client relationships and markets that matter most to our future, backed by the same capital strength and risk discipline our clients and partners have always relied on.”
