Is Velocity Trade a Scam? Regulation Check 2026
We checked Velocity Trade's licence in the official FCA register. Here is what the public records say.
Verdict
Velocity Trade is NOT a scam. It holds FCA licence 484381, authorising it to offer trading services in New Zealand.
How to verify on the official register
| Regulator | FCA FCA Financial Conduct Authority (FCA) |
| Licence Number | 484381 |
| Regulated Entity | Velocity Trade Ltd |
| Founded | 2010 |
What FCA regulation means
FCA-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with FCA directly.
What FCA regulation means for your money
- Client funds held in segregated bank accounts, separate from Velocity Trade's own capital
- Negative balance protection — you cannot lose more than your deposit
- Right to file complaints directly with FCA if Velocity Trade fails to resolve your issue
- Velocity Trade submits to regular independent financial audits under FCA oversight
Frequently Asked Questions
Is Velocity Trade a scam or legitimate?
Velocity Trade is NOT a scam. It holds FCA licence number 484381. FCA is one of the world's most respected financial regulators. The licence is publicly verifiable in the FCA official register.
How do I check Velocity Trade's FCA licence?
Go to the official FCA website and use the public register search. Search for licence number 484381 or the entity name. The record will confirm Velocity Trade's authorisation status and the scope of its permissions.
Are my funds safe with Velocity Trade?
As an FCA-regulated broker, Velocity Trade must keep all client funds in segregated bank accounts, completely separate from company funds. This protects your deposits even if Velocity Trade encounters financial difficulties.
What protection do I have as a Velocity Trade client in New Zealand?
In New Zealand, Velocity Trade operates under FCA supervision. You are entitled to: segregated client funds, negative balance protection (you cannot lose more than you deposit), and the right to file complaints directly with FCA.
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