5.3 /10

Average Payment score

Velocity Trade withdrawal conditions are rated 5.3/10 for speed, fees, and payout reliability. Withdrawal options are available, but the broker may provide fewer payment methods or limited base currency support, which can affect convenience and increase potential conversion or transaction costs.

Withdrawal Snapshot
Withdrawal methods	Bank Card, Bank Wire
Fees We verified withdrawal fees by opening a live account, funding it with a test deposit of $100, and submitting a withdrawal request. The final charged amount was confirmed in the transaction details and payment confirmation.	From 0 (may vary by method)
Processing time We measured processing time by funding the account with $100, submitting a withdrawal request, and tracking the time until funds were credited to the selected payment method.	From 15 min. to 3 business days
Minimum withdrawal	$1
Verification required We verified this by reviewing the broker’s KYC and withdrawal policy on the official website and confirming in the client area whether identity verification is required before a withdrawal request can be submitted.	Yes

Average Rating

For additional transparency, I have evaluated Velocity Trade across core reliability indicators. Based on my assessment, Velocity Trade offers generally functional trading conditions, though certain aspects of service quality or operational consistency may be less competitive than higher-rated providers.

This assessment is reflected in the following TU scores:

6.8 /10

TU Overall Score

10.0 /10

Regulation and Safety Score

6.2 /10

Customer Support Responsiveness

Top-3 Brokers Traders Prefer

zForex

7.95 /10

zForex

Regulation Not regulated

EUR/USD 0.1 pips

Plus500

7.57 /10

Plus500

Regulation Tier-1

EUR/USD pips

OANDA

6.89 /10

OANDA

Regulation Tier-1

EUR/USD 0.15 pips

Why trust us

15+ years of independent market analysis
140+ evaluation criteria, reviewed by 50+ experts
Data-driven reviews of 200+ platforms, updated regularly
20+ industry awards & a wide network of global media partners

Learn more about our methodology and editorial policies.

Step-by-step guide to withdraw money from Velocity Trade

Access your Velocity Trade trading account by logging in with your credentials.
Navigate to Withdrawal Section Go to the account or funds section and select the withdrawal option.
Choose Payment Method Select your preferred payment method from the available options: Bank Card, Bank Wire.
Specify the amount you wish to withdraw The minimum withdrawal at Velocity Trade is $1 in the base account currency. Some payment methods require a higher minimum.
Confirm Withdrawal Review your request and confirm the withdrawal. You may need to verify your identity depending on the Velocity Trade requirements.

If withdrawal issues occur

If you encounter any problems during the withdrawal process, you can contact the Velocity Trade technical support through the following channels:

Contacts
Foundation date	2017
Registration address	Second Floor, Queen’s House, 8-9 Queen Street, Cheapside, London, England EC4N 1SP, United Kingdom
Regulation	ASIC, FMA, FSCA, FCA
Official site	https://velocitytrade.com/
Contacts	sales-uk@velocitytrade.com +44 20 3355 6336

Still having withdrawal issues?

If you experience withdrawal delays and support is not responding, consider acting step by step.

Collect evidence Save screenshots of your withdrawal request, account history, and communication with the broker.
Send a written request Email support and request an official written explanation within 3 business days.
Check the broker’s license Verify whether the broker is supervised by a recognized regulator. If regulated, you may file a formal complaint with the appropriate authority. If not, you may contact your local financial authority for guidance.
Consider additional protection options If your deposit was made via Bank Card or Bank Wire, contact your bank or payment provider to explore dispute or chargeback options.
Seek professional advice For serious cases involving significant amounts, consult a lawyer specializing in financial disputes in your country.

For more on trader rights protection, see our article Complaints and Protection of Trader Rights.

Is Velocity Trade a safe broker?

Velocity Trade is regulated by at least one Tier-1 or Tier-2 authority, indicating adherence to high regulatory and reliability standards. In addition, Velocity Trade has received a Regulation and Safety Score of 10/10 from our experts, based on an assessment of quantitative indicators. This score reflects a relatively high level of transparency in the broker’s rules and regulatory oversight.

Velocity Trade is regulated by the following authorities
Regulator	Country	Regulation level	Protection Fund
ASIC ASIC regulates financial services, markets, and securities, enforcing laws to protect Australian consumers, investors, and creditors. It is stringent in its operations, with a focus on transparency and fairness in financial products and services.	Country Australia	Regulation level Tier-1	Protection Fund No specific fund but has stringent consumer protection
FCA UK The FCA regulates financial firms providing services to consumers and maintains the integrity of the financial markets in the UK. Known for its stringent requirements, it covers a wide range of activities from mortgages to financial advice, ensuring high standards of behavior.	Country United Kingdom	Regulation level Tier-1	Protection Fund Up to £85,000
FMA NZ The FMA acts to enforce securities, financial reporting, and company law as it applies to financial services in New Zealand. It focuses on fair, efficient, and transparent financial markets to safeguard investor interests.	Country New Zealand	Regulation level Tier-2	Protection Fund No specific fund
FSCA SA The FSCA oversees the South African non-banking financial services industry, focusing on protecting investors and efficiently preventing financial crimes by enforcing stringent compliance standards.	Country South Africa	Regulation level Tier-2	Protection Fund No specific fund
MAS MAS acts as both central bank and financial regulator in Singapore, enforcing strict rules on financial practices to ensure fairness, transparency, and accountability in the financial sector.	Country Singapore	Regulation level Tier-1	Protection Fund No specific fund

Does Velocity Trade charge a withdrawal fee?

There are no withdrawal fees charged by Velocity Trade. Fees often arise outside Velocity Trade rules and are set by payment providers. Card withdrawals typically cost 1 to 4%, bank wire transfers range from 20 to 50 USD per transaction, and most payment services charge around 0.5 to 4%, often including currency conversion fees.

Additionally, there may be conversion fees if the account currency and withdrawal currency differ. Velocity Trade supports the following currencies as base account currencies: USD, EUR, GBP

Velocity Trade withdrawal time

Velocity Trade processes withdrawal requests on the same business day they are submitted. The actual withdrawal time depends on the selected payment method. Below are the approximate processing times for the broker’s available withdrawal options.

Payment Method	Approximate Withdrawal Time
Bank Card	1-3 business days
Bank Wire	1-4 business days

Expert Advice

Oleg Tkachenko

Editor at Cryptocurrency & Blockchain Department

How to avoid common withdrawal issues

Withdrawing funds without considering margin requirements is a common source of account issues. Open positions require maintenance margin, and sudden market movements can increase margin usage unexpectedly. If the account balance falls too close to minimum levels, withdrawals can trigger forced position closures or temporary trading restrictions.

Maintaining a buffer above margin requirements provides stability. This buffer becomes especially important during volatile market conditions, when price swings occur rapidly and margin usage changes without warning.