No Regulation

Score

0 1 2 3 4 5 6 7 8 9

/10

VelonFX

Saint Lucia | 1-2 years |

ECN Account Suspicious Regulatory License | MT5 Full License | Global Business | High potential risk

https://velonfx.com/

Website

Open Account Time Machine

Rating Index

MT4/5 Identification

Full License

Server Name

VelonFinance-ServerMT5

Server Location

United Kingdom

Contact

+971 567-0987

https://velonfx.com/

Ground Floor, The Sotheby Building, Rodney Village, Rodney Bay, Gros Islet, Saint Lucia

Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!

2026-03-26

This broker lacks valid forex regulation. Please be aware of the risk!

Basic Information

Registered Region

Saint Lucia

Operating Period

1-2 years

Company Name

Velon Finance LTD.

Customer Service Email Address

info@velonfx.com

Contact Number

+9715670987

Company Website

https://velonfx.com/

Account

Related Software

Website

Company Summary

Wiki Q&A

Comment

Account

Environment
--
Currency
--
Maximum Leverage
1:1000
SupportedEA
Minimum Deposit
$5000
Minimum Spread
From 0.0
Depositing Method
(5) MASTER VISA
Withdrawal Method
(5) VISA MASTER
Minimum Position
--
Commission
$4
Products
--

Products

Updated： 2026-03-26

MT4/5

Full License MT5

MT4 Servers

MT5 Servers

143.33

Average Latency (ms)/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 5

Perfect

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Details

Official Website

Website

velonfx.com
172.67.168.17
Server Location
United States
ICP registration
--
Most visited countries/areas
--
Domain Effective Date
--
Website
--
Company
--

Review summary

VelonFX, operating as Velon Finance LTD., is a retail forex and CFD broker established within the last 1-2 years and registered in Saint Lucia. The broker operates globally but holds no valid forex trading licenses from recognized financial authorities. According to WikiFX data, its overall assessment score is a very low 1.79 out of 10. Trading conditions include a competitive minimum deposit of $100 for its Standard account, which offers leverage up to 1:1000 and floating spreads from 1.0 pip. The broker provides access to the MetaTrader 5 platform. Available payment methods encompass bank cards, Bitcoin, and USDT, with most deposit and withdrawal processes being free of charge. This profile is characteristic of an offshore entity operating without formal financial regulatory oversight. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-03-25)

Keywords

1-2 years
Suspicious Regulatory License
MT5 Full License
Global Business
High potential risk

Wiki Q&A

How is the fund security of VelonFX evaluated?

According to WikiFX data, VelonFX operates without holding any valid forex trading licenses from recognized financial authorities and is registered in the offshore jurisdiction of Saint Lucia, which lacks credible regulatory oversight for brokers; this structure inherently means client funds are not subject to independent regulatory safeguards such as mandatory segregation or investor compensation schemes. The broker's overall WikiFX assessment score is 1.79 out of 10.

Yesterday 02:50

United States

When was VelonFX established?

The broker, operating as Velon Finance LTD., has been in operation for approximately 1-2 years.

Yesterday 02:50

United States

Is VelonFX suitable for forex trading beginners?

Trading forex and CFDs involves a high degree of complexity and market risk. Whether you choose VelonFX or another trading platform, we strongly recommend that beginners thoroughly study forex basics before investing real funds. It is also highly advisable to practice with a demo account first to familiarize yourself with the platform's operations and market volatility.

Yesterday 02:50

United States

What essential information should I know before trading with VelonFX?

Before opening a live account, it is recommended to comprehensively understand the platform's regulatory status, deposit and withdrawal policies, spread costs, and overnight fees (swaps). Additionally, you can consult WikiFX to review the broker's latest score and user feedback to help you make a more informed investment decision.

Yesterday 02:50

United States

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