Brokers  /  VELOCITY TRADE

VELOCITY TRADE

Low risk
🇦🇺 Australia · 5-10 years · since 2017-11-23 · Velocity Trade Limited
ASICCIROFCAFSCAMAS
Visit site ↗
—/5
★★★★★ ★★★★★
4 reviews ›
5
Licenses ›
2
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
15/100
Scam risk ›
1
Clone sites ›
▲ 25% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX6.54/10
Trustpilot—/5
Forex Peace Army—/5
15
Low risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • Authorised by Tier-1 regulator(s): ASIC, CIRO, FCA, MAS
  • Withdrawal complaints in ~50% of recent reviews
  • No verifiable website or social-media presence
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints1212%
Offshore registration108%
Transparency (site/info/social)5310%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameVelocity Trade Limited
Headquarters🇦🇺 Australia
Founded2017-11-23
Years operating5-10 years
Employees0
Official websitevelocitytrade.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—
Registered address
18/188 Quay Street, Buddle Findlay Auckland, 1140, New Zealand

Regulation & licenses · 5

RegulatorLicense typeLicense No.RegionStatus
CIRODerivatives Trading License (EP)UnreleasedCanadaRegulated
FSCAForex Trading License (EP)43295South AfricaRegulated
MASMarket Making License (MM)UnreleasedSingaporeRegulated
FCAInst Forex Execution (STP)497263United KingdomRegulated
ASICInst Market Making (MM)000329813AustraliaRegulated

Review analysis AI

Across 4 recent Trustpilot reviews, 0% are 1–2 star. The single most common complaint is being unable to withdraw funds (2 reports) — the classic warning sign in forex. We also found 1 clone site(s) impersonating this brand — a frequent vehicle for scams.

0
Period:
What users praise
Where reviewers are from
India1
Cyprus1
Argentina1
Hong Kong1

Real user reviews

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About VELOCITY TRADE

VELOCITY TRADE is a forex and CFD broker based in Australia, with records dating to 2017-11-23. It reports oversight from ASIC, CIRO, FCA, FSCA, MAS.

FXCanary’s verdict is “Low risk.” On balance the regulatory footprint and real-user feedback are reassuring, though no broker is risk-free.

Finally, beware of impersonation: we tracked 1 clone website(s) copying VELOCITY TRADE. Always reach the broker through its verified official domain, never via links in ads or messages.

Overview compiled by FXCanary from regulatory records and public data. full VELOCITY TRADE review