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Velocity Trade -

Score

6.28 /10
Average

Velocity Trade

Australia

15-20 years

Regulated in Australia

Institution Forex License

Self-developed

Suspicious Overrun

High potential risk

https://velocitytrade.com

Influence

C

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Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index7.17

Business Index8.77

Risk Management Index0.00

Software Index6.45

License Index6.95

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Velocity Trade Limited

Company Abbreviation

Velocity Trade

Platform registered country and region

Australia

Company website

Company summary

Pyramid scheme complaint

Expose

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WikiFX Risk Alerts 4
Previous Detection : 2025-06-01
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • This broker exceeds the business scope regulated by New Zealand FSPR(license number: 20003)Financial Service Providers Register Non-Forex License. Please be aware of the risk!

A Visit to Velocity Trade in UK -- Office Confirmed Existed

The survey team went to London, UK, to visit the the dealer Velocity Trade and found the logo of dealer on the exhibition address, which indicated that the office of Velocity Trade did exist. However, the team was unable to enter the dealer's office so that the office scale and operation condition of which remained unknown. Please be prudent when trading with this broker.

Good United Kingdom

WikiFX Verification

Data Source WikiFX Data provide
Updated: 2025-06-01
Velocity Trade · Company summary
Velocity TradeReview Summary
Founded2007
Registered Country/RegionAustralia
RegulationFSCA, ASIC，FCA
Market InstrumentsForex, equities, commodities, futures, fixed income
Trading PlatformMobile app
Minimum Deposit/
Customer SupportTel：+1 416 855 2800
Address: 100 Yonge Street, Suite 1800, Toronto, Ontario, Canada M5C 2W1
24/7
Email：sales-ca-fx@velocitytrade.com

Velocity Trade was founded in 2007 and is regulated by FSCA, ASIC, FCA and offers Forex, equities, commodities, futures, fixed income trading with its own trading platform.

Pros and Cons

Pros Cons
regulatedDemo account ubavailable
Various trading instrumentsMT4/MT5 unavailable

Is Velocity Trade Legit?

Yes, Velocity is a legit platform. It has been regulated by FSCA, ASIC, FCA .

Regulated AuthorityRegulatory Status Regulated EntityLicense TypeLicense Number
Australia Securities & Investment CommissionRegulatedVELOCITY TRADE LIMITEDInstitution Forex License000329813
Financial Conduct AuthorityRegulatedVelocity Trade International LimitedInstitution Forex License (STP)497263
Financial Sector Conduct AuthorityRegulatedVELOCITY TRADE FINANCIAL SERVICES (PTY) LTDRetail Forex License43295
Financial Service Providers RegisterExceededVELOCITY TRADE LIMITEDFinancial Service Corporate20003
Is Velocity Trade Legit?
Is Velocity Trade Legit?
Is Velocity Trade Legit?
Is Velocity Trade Legit?

What Can I Trade on Velocity Trade?

It provide Forex, equities, commodities, futures, fixed income.

There's no ETFs trading or bonds trading. But overall, you still have a good mix of investment options.

Tradable Instruments Supported
Forex✔
Commodities✔
Futures✔
Fixed income✔
Stocks✔
Indices❌
Cryptocurrencies❌
Bonds❌
Options❌
ETFs❌
What Can I Trade on Velocity Trade?

Trading Platform

Trading PlatformSupported Available Devices Suitable for
Mobile app✔//
MT4❌/Beginner
MT5❌/Experienced
Trading Platform

News

NewsVelocity Trade Secures Singapore MAS Capital Markets Services License

Velocity Trade secures Singapore MAS Capital Markets Services License, enhancing its global financial presence and compliance.

WikiFX
2023-12-28 17:09
Velocity Trade Secures Singapore MAS Capital Markets Services License

NewsVelocity Trade Has Been Added To TradingView's List Of Integrated Brokers

Velocity Trade, TradingView's first-ever integrated broker from South Africa, has been added to the company's roster of approved partners.

WikiFX
2022-11-22 18:22
Velocity Trade Has Been Added To TradingView's List Of Integrated Brokers

NewsWIKIFX REPORT: FINCLEAR GROWS CLEARING BUSINESS WITH VELOCITY TRADE

The Australian financial technology company, FinClear, today announced that it will provide third-party clearing services to global broker-dealer Velocity Trade.

WikiFX
2022-08-04 14:32
WIKIFX REPORT: FINCLEAR GROWS CLEARING BUSINESS WITH VELOCITY TRADE

NewsWIKIFX REPORT: Velocity Trade Selects Integral For FX Technology

Integral, a major FX technology provider, said today that Velocity Trade, an international broker dealer, has chosen it to use its workflow automation and trading technology across its eFX and CFD trading network.

WikiFX
2022-06-02 14:02
WIKIFX REPORT: Velocity Trade Selects Integral For FX Technology
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User Reviews

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User comment

3

Comments

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push,
more than one year
How weird is this Velocity Trade! Agents on this platform tried very hard to induce me to invest here. But the truth is that this company is not transparent at all. I cannot find any details about its trading fees!
How weird is this Velocity Trade! Agents on this platform tried very hard to induce me to invest here. But the truth is that this company is not transparent at all. I cannot find any details about its trading fees!
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2023-02-24 15:51
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Randy
more than one year
Velocity Trade no requiere ningún depósito inicial mínimo para comenzar a operar, proporcionando la plataforma de negociación MT4 más popular del mundo! Me gustan mucho estos dos puntos. Pero solo admite tarjetas bancarias y Neteller para depósitos y retiros.
Velocity Trade no requiere ningún depósito inicial mínimo para comenzar a operar, proporcionando la plataforma de negociación MT4 más popular del mundo! Me gustan mucho estos dos puntos. Pero solo admite tarjetas bancarias y Neteller para depósitos y retiros.
Translate to English
2022-11-25 16:57
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