Velocity Trade Review 2026
Regulated broker with real licence numbers.
Velocity Trade is a regulated CFD broker founded in 2010. It holds a FCA licence under number 484381.
The basics
Velocity Trade was founded in 2010 and is headquartered in London, UK. It is privately owned. The broker offers CFDs on 100 instruments across forex, indices, commodities, and crypto. All positions are contracts for difference — there is no real asset ownership.
MetaTrader is available on all account types. Copy trading is not offered.
| Founded | 2010 |
| Headquarters | London, UK |
| Instruments | 100+ |
| Platforms | MT4, Proprietary Platform |
| MetaTrader | Yes — MT4 and MT5 |
| Copy trading | No |
| Real stocks | No — CFDs only |
Is Velocity Trade safe?
FCA-regulated brokers must keep client funds in accounts segregated from company funds, provide negative balance protection, and contribute to the Financial Services Compensation Scheme (FSCS), which covers up to £85,000 per client if the broker becomes insolvent.
| Regulator | Licence | Entity |
|---|---|---|
| FCA | 484381 ✓ | Velocity Trade Ltd |
You can verify the FCA licence at register.fca.org.uk. The registration shows the entity name, authorisation status, and full permissions list. It takes under a minute.
Velocity Trade spreads
These are the typical spreads on Velocity Trade's standard account. Spreads vary by market conditions and account type. ECN or raw-spread accounts offer lower spreads in exchange for a per-trade commission.
| EUR/USD | From 0.0 (ECN) + commission pips |
| GBP/USD | 0.3 pips pips |
| USD/JPY | 0.1 pips pips |
| Gold (XAU/USD) | 15c/oz |
| S&P 500 | 0.4pt |
Velocity Trade's EUR/USD spread of From 0.0 (ECN) + commission pips is wider than ECN-first brokers but typical for a commission-free account.
Velocity Trade withdrawal fee and processing time
Fee: None. Velocity Trade does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Processing time: 1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
Withdrawal requests must pass identity verification before processing. If your account is not yet fully verified (proof of identity and address submitted), expect additional delays. Verified accounts follow the standard processing times above.
Velocity Trade minimum deposit by entity
The minimum deposit depends on which Velocity Trade entity serves your country. Offshore entities often allow lower minimums but with less regulatory protection.
| Entity | Regulator | Min deposit | Max leverage (forex) |
|---|---|---|---|
| Velocity Trade Ltd | FCA 484381 | None | 1:30 |
Velocity Trade vs eToro
| Velocity Trade | eToro | |
|---|---|---|
| Primary regulator | FCA 484381 | FCA 583263 |
| Min deposit | None | $50 |
| EUR/USD spread | From 0.0 (ECN) + commission pips | 1.0 pips |
| MetaTrader | Yes | No |
| Instruments | 100+ | 3,000+ |
| Copy trading | No | Yes |
| Withdrawal fee | None | $5 per withdrawal |
Both brokers are regulated and legitimate. Velocity Trade suits traders who value MetaTrader and algorithmic trading. eToro is better for traders who prioritise its specific regulated entity coverage.
Regulation — the numbers that matter
| FCA | 484381 — Velocity Trade Ltd |
Leverage for retail clients in the EU and UK is capped at 1:30 on major forex pairs under ESMA rules.
Pros and Cons
What works
- FCA regulated — Velocity Trade Ltd
- No minimum deposit
- MetaTrader 4 and 5 available
- No inactivity fee
- Tight EUR/USD spread from 0 pips
What does not work
- No copy trading
- No real stock ownership — CFDs only
The verdict
Velocity Trade is a legitimate, regulated broker. The FCA licence number 484381 is verifiable on the public register. It is best suited for traders who want MetaTrader on a regulated platform. Rating: 4.0 out of 5.
Alternatives to Velocity Trade
If Velocity Trade does not fit your needs, these regulated alternatives are worth comparing:
Frequently asked questions
Is Velocity Trade safe?
FCA-regulated brokers must keep client funds in accounts segregated from company funds, provide negative balance protection, and contribute to the Financial Services Compensation Scheme (FSCS), which covers up to £85,000 per client if the broker becomes insolvent. Velocity Trade holds FCA licence 484381, which is publicly verifiable on the official register.
What is the Velocity Trade minimum deposit?
The minimum deposit is None. This applies to the main regulated entity. Some offshore entities may differ. See the entity table above for full breakdown.
What is the Velocity Trade EUR/USD spread?
The EUR/USD spread on Velocity Trade standard accounts is typically From 0.0 (ECN) + commission pips. Spreads vary with market conditions. ECN or raw accounts offer lower spreads with a per-trade commission instead.
How long does Velocity Trade take to process withdrawals?
1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
Does Velocity Trade charge withdrawal fees?
None. Velocity Trade does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Does Velocity Trade have MetaTrader?
Yes. Velocity Trade supports both MT4 and MT5 on all account types. This allows automated trading, custom indicators, and expert advisors.