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Velos Technology -

Score

1.37 /10
Danger

Velos Technology

The Virgin Islands

2-5 years

Suspicious Regulatory License

High potential risk

https://www.velosfund.com

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Comparison

Quantity 2

Exposure

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Website

Score

Regulatory Index0.00

Business Index5.89

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

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Broker Information

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Company Name

Velos Technology Limited

Company Abbreviation

Velos Technology

Platform registered country and region

The Virgin Islands

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-12
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Exposure

2 pieces of exposure in total
Pyramid scheme complaint
Expose
Velos Technology · Company summary
Velos Technology Review Summary
Founded2021
Registered Country/RegionThe Virgin Islands
RegulationNo Regulation
Market InstrumentsForex
Demo Account❌
Leverage/
Spread/
Trading PlatformsMT4, MT5
Minimum Deposit/
Customer SupportContact form
Phone: +852 3176 6420
Email: tech@velosfund.com
Address: OVERSEAS MANAGEMENT COMPANY TRUST (B.V.I.) LTD.OMC Chambers, Wickhams Cay 1, Road Town, Tortola, BVI

Founded in 2021, Velos Technology is an unregulated financial company based in the Virgin Islands. It mainly provides forex and offers MT4 and MT5 platform.

Velos Technology's homepage

Pros and Cons

Pros Cons
Multiple customer support channelsNo regulation
MT4 & MT5 availableLack of detailed info on accounts
No demo accounts
Lack of info on trading fees

Is Velos Technology Legit?

At present, Velos Technology lacks valid regulation. Its domain was registered on June 23, 2021, and the current status is “client Transfer Prohibited”. We advise you to choose regulated brokers.

Domain information

What Can I Trade on Velos Technology?

Velos Technology mainly offers Forex for trading.

Tradable Instruments Supported
Forex✔
CFDs❌
Commodities❌
Indices❌
Cryptocurrencies❌
Shares❌
ETFs❌
Bonds❌
Mutual Funds❌
What Can I Trade on Velos Technology?

Trading Platform

Velos Technology offers both MT4 and MT5 for trading.

Trading Platform

User Reviews

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User comment

4

Comments

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Jefferson Beauregard
more than one year
Velos Technology is making me nervous. No regulation, questionable NFA license claim, and a website that doesn't spill the details. No MT4, limited customer support via email, and a hefty $250 minimum deposit. I'd tread carefully and do thorough research before considering them.
Velos Technology is making me nervous. No regulation, questionable NFA license claim, and a website that doesn't spill the details. No MT4, limited customer support via email, and a hefty $250 minimum deposit. I'd tread carefully and do thorough research before considering them.
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2023-12-07 14:37
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Christophera
more than one year
Here's the deal-breaker – the lack of regulation is raising some eyebrows. And seriously, I'm on a scavenger hunt for info on spreads, non-trading fees, and their custom trading platform, but it's like a mystery novel without the ending. Would be great to have the full picture before making any moves, you feel me?
Here's the deal-breaker – the lack of regulation is raising some eyebrows. And seriously, I'm on a scavenger hunt for info on spreads, non-trading fees, and their custom trading platform, but it's like a mystery novel without the ending. Would be great to have the full picture before making any moves, you feel me?
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2023-12-06 16:28
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