February 18, 2022 (Toronto, Ontario) - The Investment Industry Regulatory Organization of Canada (IIROC) is warning Canadian investors not to be fooled by the website velocitytradefx.com or cold callers on behalf of velocitytradefx.

Velocitytradefx.com falsely claimed to be the website and used the logo of Velocity Trade, the parent company of IIROC registered company Velocity Trade Capital, The actual website is www.velocitytrade.com.

Some fake websites look almost identical to those of trusted institutions, with the same logo, brand and likeness; Others copy legitimate websites but change the company name and contact details. Always visit a reseller's website through a reliable source, such as the IIROC reseller page that we regulate or compare and verify that you are using the correct URL.

Victims of such scams should contact their local securities regulator.