ThinkMarkets vs Velocity Trade: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeThinkMarketsVelocity Trade
Licence Score77Strong48Moderate
Strongest licence 1 Tier 1 2 Tier 2
Licences on record61
1 FCA United Kingdom Licensed—
1 ASIC Australia Licensed—
1 JFSA Japan Licensed—
2 CySEC Cyprus Licensed—
2 FSCA South Africa LicensedLicensed
3 CIMA Cayman Islands Licensed—
Founded20102005
HeadquartersAustraliaSouth Africa
TypeForex & CFD brokerMulti-asset broker
Publicly listedNoNo
PlatformsMT4, MT5, Proprietary, TradingViewProprietary
Minimum depositNo minimum—
VisitVisit siteVisit site

Frequently asked questions

Is ThinkMarkets or Velocity Trade better regulated?

ThinkMarkets has the higher Licence Score (77 vs 48), based on the number and tier of licences, operating history and public listing.

Which regulators license both ThinkMarkets and Velocity Trade?

Both are matched to licences from FSCA.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.