Velocity Trade review and tutorials

Velocity Trade
Velocity Trade

Detailed Velocity Trade Review 2021: Forex, CFD'S and Crypto Regulated Broker

Velocity Trade is a global brokerage firm that delivers a trading environment and opportunity through a range of global entities located in some of the main jurisdictions around the world. These entities including offering designed across Australia, Canada, South Africa, Oceania, UK and Europe and more, which may be slightly different due to regulatory requirements.

Velocity Trade is a global brokerage firm that delivers its trading environment and opportunities through a number of global entities located in some of the world’s leading jurisdictions. These entities, including offerings designed across Australia, Canada, South Africa, Oceania, the United Kingdom and Europe and beyond, may be slightly different due to regulatory requirements.

International trading is used by a group of companies. Velocity Trade is combined into offering equity, currency, commodities and more, trading through a broad level of risk management combined with opportunities over traditional models.

Velocity Trade offers trading access to over 40 exchanges, including the U.S., Australia, Canada, United Kingdom and South African markets, which maintain global exposure through the market you wish to trade.

Velocity Trade

While the broker was established in 2007, it has maintained a strong trading capacity and has since become a trusted partner to many traders and institutions. The execution model is carried out by means of STP, which gives investment independence through technology and unparalleled performance.

Velocity Trade

Is Velocity Trade secure or is it a scam?

We should see whether the broker is regulated and a trustworthy company to trade with. As we have discovered, Velocity Trade is not only a regulated broker in one entity but a global trading provider holding multiple licenses from world-renowned Forex industry regulators.

These registrations include FCA from the United Kingdom, Australian ASIC, Canadian IIROC, FMA from New Zealand and South Africa FSCA.

Velocity Trade International LimitedUKFCA
Velocity Trade LimitedNew ZealandFMA
Velocity Trade LimitedAustraliaASIC
Velocity Trade Holdings Ltd.CanadaIIROC
Velocity Trade Financial Services (Pty) Ltd.South AfricaFSB

In accordance with the regulatory requirements, Velocity Trade obliges to provide services in each jurisdiction. There are numerous outcomes in terms of how a company operates a business or manages customer funds, services and more.

Although each jurisdiction provides slightly different trading conditions, regulated opportunities, more or less all of them hold concerns regarding the safety of traders, the integrity of financial investment and a reputable, transparent investment for all parties.

Platforms for Trading

Velocity Trade has chosen MetaTrader4 as its leader in software execution. A not so surprising fact due to its powerful MT4 capabilities and a wide range of features. Since VT also provides investment opportunities, including Capital Raising, Advisory, Investment Organization solutions available to private and capital markets across jurisdictions and countries. These options provide the client with additional tools to enhance traditional trading.

Velocity Trade

MT4 offers not only a full range of instruments and industry-leading technology optimisation over the trading process, but VT also carries out trading with LD4 and NY5 engines through ECN by providing full liquidity.

In other words, you will be trading through a dark pool and non-bank liquidity access with unique opportunities. In addition, together with a wide range of available assets, Velocity Trade enables the trading of OTC vanilla and precious metals options, all delivered with great support from VT’s global offices.

Together with its powerful software, the broker partners with TMX insight alliances to deliver FX and Equity data analytics.

Accounts

There are no specified terms on accounts – all differences between the offer referred to an entity of Velocity Trade with which you are going to trade. This happens due to regulatory restrictions, requirements and specified conditions. It is better to contact customer service before you sign in and receive all trading details as per your residence.

Velocity Trade

Fees

Velocity Trade spreads are clearly defined by the region you are trading, as different exchanges may apply slightly different terms. The spread offered for the EUR/USD pair is, however, an average of three pips. Also, there may be other commission charges due to DMA market access defined by the Velocity Trade entity with which you operate.

In addition, the broker mentions its tailored solution according to the trading style and needs, conditions may vary.

Corporate clients or managers have a full range of MAM or PAMM accounts, with unique capabilities and high performance. In addition, there is a possibility to open a swap-free account, which is only available for day-to-day trading.

Leverage

While trading with Velocity Trade, it is evident that you will be offered to leverage your positions in reverse to get an opportunity to gain additional market exposure. But always learn how to use leverage. While the broker obliges and integrates different regulatory requirements, there are different levels of leverage offered in each jurisdiction.

For more details, you may contact customer service that remains on hand at any stage of your business. When trading with the UK or European entity, the leverage ratio is lower, up to 1:30 due to recent restrictions. The Australian broker still has a high leverage ratio of 1:200, 1:400 or 1:500. South Africa and New Zealand offer levels of up to 1:200, while the Canadian entity will limit you to 1:40.

What funding methods does Velocity Trade use?

Once you sign up for a live account, all money transfers and management are available; you can choose between payment methods. Velocity Trade does not say much about its payment options, nor does it mean that the most common option is Bank Wire.

Minimum Deposit for Velocity Trade

The broker does not mention a minimum deposit. Velocity’s condition enables the company to offer tailored solutions according to the customer’s needs, the size of the operation, the instrument, depending on the region of the entity.

wire transfer

Conclusion

Although we could not find many details of the broker’s trading conditions or costs, the company appears to be reputable. It is regulated not only in one entity but in numerous world-leading financial hubs, which confirm a strong establishment base. It is evident, Velocity Trade is a service to institutions and corporations due to its high development of procedures and specially designed products. In our view, the broker could be an interesting opportunity for experienced traders. Novices may better refer to other brokers.

Velocity Trade trading information

Bonus
Instruments
Spot, Forward, Swaps, NDF’s and Options
Demo Account
Yes
Min. Deposit
Min. Trade
Regulated By
ASIC, FCA, IIROC, FSB, FMA
MT4 Integration
Yes
Mobile Apps
Yes
Auto Trading
Yes
Trade Signals
Yes
Islamic Account
No
Velocity Trade

Forex

GBPUSD Spread
N/A
EURUSD Spread
N/A
EURGBP Spread
N/A
Assets
N/A

CFD

FTSE Spread
N/A
GBPUSD Spread
N/A
Oil Spread
N/A
Stocks Spread
N/A

Cryptocurrency

Spread
N/A
Coins
N/A

Official Velocity Trade Registration

Velocity Trade

CLAIM OWNERSHIP

If you are the owner of this platform you can manage this account. First you need to claim the ownership of the platform.

Velocity Trade
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