The main motive of Scam Victims Help is to identify the scam brokers in the market and let the traders know about their scam activities. We warn traders to stay away from scam brokers if they want to keep their hard-earned money safe from scams. Velocity Trades review is collected after a lot of effort and we finally concluded that the traders should not invest with Velocity Trades broker since their investments may not be safe with Velocity Trades .
Broker Name – Velocity Trades
Broker Website – https://www.velocitytrades.com/
Headquarters or Area of Operation – Suite 305, Griffith Corporate Centre, P.O. Box 1510, Beachmont Kingstown, St. Vincent and the Grenadines
Warnings – Not Recommended By Review Website Like Scam Victims Help
When was the Velocity Trades website domain set up?
| Domain Name | velocitytrades.com |
|---|---|
| Date Registered | March 12, 2017 |
| Domain Age | 5 years, 6 months, 17 days, 17 minutes, 49 seconds |
Velocity Trades Review: Introduction
Velocity Trades is a forex and CFD broker that claims to be located in St. Vincent and the Grenadines. The website of the company can be found at https://www.velocitytrades.com/, which offers good trading conditions. They can be contacted by phone at +442039662741 or by email at support@velocitytrades.com. They offer the best trading execution in the industry, which provides clients with a level playing field while trading the financial markets. All these claims and offers look good, but the reality is different from their claims. Read a complete Velocity Trades Review to learn more about this broker.
Velocity Trades Review: Regulation
Velocity Trades provides a registered address in St. Vincent and the Grenadines, which is an offshore region. Offshore brokers are not regulated by any regulatory body because they don’t have a regulated license and do not follow the financial rules and regulations.
If you want to start investing with Velocity Trades or any other trading platform, please check the regulated license of a broker on the broker’s regulator site. Also, read the cryptocurrency scams list to avoid Forex scams, Cryptocurrency scams, Investment scams, or other online scams.
Velocity Trades Review: Payment Methods
Velocity Trades offers several payment options like bank wire, credit/debit cards, Skrill, and Neteller. But bear in mind that no matter what payment methods a scam broker supports, you will most probably never get to withdraw anything from them.
Velocity Trades Review: Trading platform
Velocity Trades offers its clients an MT4 trading platform. The MT4 trading platform is advanced software and equipped with all the professional tools and latest features. This trading platform is widely used in the forex market.
How does the Velocity Trades scam work?
Scam brokers will encourage traders to make an initial payment through online advertisements or social media platforms in exchange for a promise to double your investment. If you make a small investment with them, they will continue to seek money until you understand that the broker is a swindler. But it’s already too late for you to realize this; when it comes time to withdraw your money from scam brokers, you are unable to do so, and if you try to contact them for fund recovery, they want additional payment. However, nothing can be gained from them because you will then lose additional money.
Velocity Trades Review: Customer review
Customer reviews will help you a lot in finding a regulated and reliable broker. Scam Victims Help hasn’t seen any positive Velocity Trades reviews on other review sites. With this review and after reading all the other negative and positive Velocity Trades, we found that this broker is potentially involved in scam activity or might be a scam broker. The Scam Victims Help community provides a list of scam brokers 2022, which can help you avoid such scam brokers.
Velocity Trades Review: Conclusion
If you are a victim of Velocity Trades or other online scams, you can file a chargeback for fund recovery. Fill out a complaint form on our Scam Victims Help website. We will provide a free consultation and guide you in the process of fund recovery.
File a complaint right now and get instant help from our team in fund recovery!
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