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Velocity Traders Review

Risk Index
2
Scam
Velocity Traders is an offshore broker that claims to offer trade services in more than 100 financial assets using convenient payment options such as Mastercard, VISA, e-wallet facilities.

Is Velocity Traders Registered?

Velocity traders was founded in the year is based in Saint Vincent and the Grenadines. It promises trading leverage of 1:400 over its MetaTrader 4 trading platform to the traders. However, it was found in our research that the company is neither registered nor regulated by any authentic financial regulatory authority.

How Safe Is It To Invest Your Money With Velocity Traders?

If we examine the facts mentioned on its site, we can notice that for initial registration it charges only USD 10 to proceed with the trading services. It also makes high claims of offering huge profit margins and transparent business regulations. Unfortunately, the Velocity Traders reviews available for Velocity Traders are mostly negative. It has been tagged as a scamming platform. It is better to avoid trading through it.

How To Protect Yourself Against Scams And Subsequent Recovery Of Money From Velocity Traders?

If you want yourself to be protected against future scamming activities, our guidance on anti-scamming strategies can be really helpful for you. Moreover, you can avail of the services of the fund's recovery companies listed with us to recover your lost money from Velocity Traders.

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