Velvet FX was founded in 2018 by Julius Franck-Oberaspach and Jonathan R. Hirsch in Stuttgart, Germany. The company aims to democratize access to automated trading software, traditionally available only to institutional investors, for private investors. Their platform offers a user-friendly and open environment for investors globally, allowing them to utilize powerful algorithms with minimal investment. This not only enables individuals to outperform their personal investment portfolios but also shields their investments from the potential losses associated with manual trading. Velvet FX is headquartered in Cyprus and envisions becoming the leading provider of automated trading algorithms on a global B2C level. Since its founding, the company has not disclosed any last investments or investors.
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