High Risk
Reported as a scam / unregulated
SF-703281registry entry
Why Velocity Trades is on the register
The website of Velocity Trades is currently down. The registration with the Financial Services Authority of St. Vincent and The Grenadines (SVG FSA) it used to claim has been canceled. All the points signal that Velocity Trades may have ceased operations or even worse, absconded. Anyway, investors should be informed about the change and stay vigilant about any offerings in the name of Velocity Trades.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.