A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.
| Factor | Score | Weight |
|---|---|---|
| Regulation & licensing | 85 | 35% |
| Company age | 72 | 15% |
| Clone / impersonation | 0 | 12% |
| Withdrawal & exposure complaints | 0 | 12% |
| Offshore registration | 80 | 8% |
| Transparency (site/info/social) | 53 | 10% |
| Real-user sentiment | 50 | 8% |
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.
| Account | Max leverage | Min. deposit | Min. spread | Commission | EA |
|---|---|---|---|---|---|
| VIP | 1:1000 | $5000 | From 0.0 | $4 | ✓ |
| ECN | 1:1000 | $500 | From 0.0 | $6 | ✓ |
| Standard | 1:1000 | $100 | From 1.0 | -- | ✓ |
Across 1 recent Trustpilot reviews, 100% are 1–2 star.
0VelonFX is a forex and CFD broker based in Saint Lucia, with records dating to 2025-05-06. Critically, we could not verify any active forex-trading license for this broker.
FXCanary’s verdict is “Elevated.” There are enough red flags that we’d urge caution before depositing.
On Trustpilot, VelonFX holds a real-user score of 3.2/5 across 1 reviews.
Overview compiled by FXCanary from regulatory records and public data. full VelonFX review