Velocity Capital Advisor Inc has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: velocitycapitaladvisorinc.com.
Do not be fooled by the professional-looking website. Behind the scenes, Velocity Capital Advisor Inc is disorganized and incompetent. I found them after doing extensive research and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Intuitive for beginners|Clear documentation
Cons: None so far
Velocity Capital Advisor Inc advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Dividend tracking|Fast deposits|Smooth onboarding
Cons: Limited demo account features|Nothing significant