deposit:
- $0
Trading platform:
- Proprietary platform
- ASIC
- FMA
- FSCA
- FCA
- 0%
Velocity Trade Review 2024
deposit:
- $0
Trading platform:
- Proprietary platform
- ASIC
- FMA
- FSCA
- FCA
- 0%
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Summary of Velocity Trade Trading Company
Velocity Trade is a moderate-risk broker with the TU Overall Score of 5.16 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Velocity Trade clients on our website, Traders Union expert Anton Kharitonov recommends users to thoroughly analyze pros and cons before opening an account with this broker as not all clients are satisfied with the company, according to reviews. Velocity Trade ranks 102 among 413 companies featured in the TU Ranking, which is based on the evaluation of 100+ criteria and a test on how to open an account.
Velocity Trade is a broker for financial institutions willing to expand the range of services that it provides, such as access to global order execution and its business development consulting services.
Velocity Trade is an international brokerage company that has been providing financial services since 2007. The range of services includes comprehensive brokerage solutions, commission management, creation of trading terminals, access to the Forex market and 40 international exchanges, as well as consulting and financial services. The range of trading instruments available includes currency pairs, stocks, futures, options, commodities, CFDs, FX Spot, and others. Companies from different countries can become Velocity Trade clients because Velocity Trade is licensed on 5 continents. The broker is authorized and regulated by the Australian ASX and ASIC (329813); Canadian IIROC, CIPF, and TMX; European AFM; South African FSCA (43295) and STRATE; British FCA (497263); and the New Zealand FMA (FSP20003).
💰 Account currency: | Multicurrency accounts |
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🚀 Minimum deposit: | $1 |
⚖️ Leverage: | From 1:1 |
💱 Spread: | Determined individually |
🔧 Instruments: | Forex, stocks, metals, commodities, fixed income assets, margin instruments, vanilla and exotic options, futures, CFDs, FWD, NDF, Spot FX |
💹 Margin Call / Stop Out: | No |
👍 Advantages of trading with Velocity Trade:
- The company cooperates with clients worldwide.
- It offers a large number of trading instruments.
- The broker is regulated and licensed in 6 regions.
- The company offers comprehensive solutions for its clients.
- Trading terms of cooperation are discussed with each client on an individual basis.
- The company provides high asset liquidity, including margin instruments.
- The broker has about 10 offices in various countries.
👎 Disadvantages of Velocity Trade:
- The company doesn’t offer financial services to private traders.
- Bonuses and affiliate programs are not provided.
- Not any organization can become a Velocity Trade client because the broker reserves the right to reject an application for cooperation.
Evaluation of the most influential parameters of Velocity Trade
Table of Contents
- Geographic Distribution
- Video Review
- Latest Comments
- Expert Review
- Latest Velocity Trade News
- Analysis of Velocity Trade
- Dynamics of the Popularity
- Investment Programs
- Trading Conditions
- Commissions & Fees
- Detailed Review
- Client Area of Velocity Trade
- User Reviews of Velocity Trade
- FAQs
- TU Recommends
Geographic Distribution of Velocity Trade Traders
Popularity in
Video Review of Velocity Trade i
User Satisfaction i
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Expert Review of Velocity Trade
Velocity Trade is a solution for those companies that are ready to provide brokerage services. Velocity Trade's activities are aimed at developing the clients' business, advising, and helping to organize the workflow. The company's clients get around-the-clock access to trading 6 days a week, a range of trading instruments from different groups, 40 exchanges, and global execution.
The broker provides access to complex solutions, including administration, optimization of the broker's workflow, and the creation of individual trading platforms. Also, Velocity Trade provides consulting, sales, trading, research, and financial solutions. It also offers currency pairs, stocks, futures, CFDs, commodities, options, margin instruments, and fixed income assets as trading instruments.
Initially, it should be noted that Velocity Trade offers access to the Forex market, but only to financial institutions. You can't just open a standard account and start trading with Velocity Trade. The broker also doesn’t cooperate with all companies, so a potential client can apply for cooperation, while Velocity Trade has the right not to accept this request. There is no list of requirements for potential clients on the company's website.
Dynamics of Velocity Trade’s popularity among
Traders Union’s traders, according to 2023 data
Investment Programs, Available Markets and Products of the Broker
The mission of Velocity Trade is to provide brokerage services. However, the company cooperates exclusively with corporations and financial institutions and doesn’t cooperate with individuals, including legal entities. VelocityTrade offers a variety of trading instruments including stocks, futures, and other investment assets. However, there are no special programs and services to earn passive income.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Velocity Trade’s affiliate program:
There is also no opportunity to earn profit from inviting new users to Velocity Trade. The company doesn’t cooperate with individuals and is a broker for various financial institutions only.
Trading Conditions for Velocity Trade Users
VelocityTrade provides its partners with access to the global market, various trading instruments, including margin assets and options. Only financial organizations willing to expand the range of their services and earn money by providing brokerage services to their clients can become a client of the company. Also, its clients get access to the broker's proprietary platform, which integrates market analysis tools and several types of orders. The broker also offers consulting services for corporations and complex solutions for their business development. To become a Velocity Trade client, send a request form to open an account. After checking your data, the company will contact you to confirm the request and continue discussing cooperation or reject the request.
$0
Minimum
deposit
1:1
Leverage
24/5
Support
💻 Trading platform: | Proprietary trading platforms are available in the form of a desktop application on a PC, a web version, and a mobile application |
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📊 Accounts: | Real account |
💰 Account currency: | Multicurrency accounts |
💵 Replenishment / Withdrawal: | Discussed individually |
🚀 Minimum deposit: | $1 |
⚖️ Leverage: | From 1:1 |
💼 PAMM-accounts: | No |
📈️ Min Order: | No |
💱 Spread: | Determined individually |
🔧 Instruments: | Forex, stocks, metals, commodities, fixed income assets, margin instruments, vanilla and exotic options, futures, CFDs, FWD, NDF, Spot FX |
💹 Margin Call / Stop Out: | No |
🏛 Liquidity provider: | VelocityTrade is a broker |
📱 Mobile trading: | Yes |
➕ Affiliate program: | No |
📋 Orders execution: | Global execution |
⭐ Trading features: | Margin trading instruments are available |
🎁 Contests and bonuses: | No |
Comparison of Velocity Trade with other Brokers
Velocity Trade | RoboForex | Eightcap | Exness | Forex4you | Pepperstone | |
Trading platform |
Proprietary Mobile app, Proprietary portal, Proprietary platform | MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader | MT4, MT5 | Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 | MT4, MobileTrading, MT5 | MT4, MobileTrading, WebTrader, cTrader, MT5, TradingView |
Min deposit | $1 | $10 | $100 | $10 | No | $1 |
Leverage |
From 1:1 to 1:1 |
From 1:1 to 1:2000 |
From 1:30 to 1:500 |
From 1:1 to 1:2000 |
From 1:10 to 1:1000 |
From 1:1 to 1:400 |
Trust management | No | No | No | No | No | No |
Accrual of % on the balance | No | No | No | No | No | No |
Spread | From 0.1 points | From 0 points | From 0 points | From 1 point | From 0.1 points | From 0 points |
Level of margin call / stop out |
1% / 1% | 60% / 40% | 80% / 50% | No / 60% | 100% / 20% | 90% / 20% |
Execution of orders | Market Execution | Market Execution, Instant Execution | Market Execution | Market Execution, Instant Execution | Market Execution, Instant Execution | Instant Execution |
No deposit bonus | No | No | No | No | No | No |
Cent accounts | No | Yes | No | No | Yes | No |
Broker comparison table of trading instruments
Velocity Trade | RoboForex | Eightcap | Exness | Forex4you | Pepperstone | |
Forex | Yes | Yes | Yes | Yes | Yes | Yes |
Metalls | Yes | Yes | Yes | Yes | Yes | Yes |
Crypto | No | No | Yes | Yes | No | Yes |
CFD | Yes | Yes | Yes | Yes | Yes | Yes |
Indexes | No | Yes | Yes | Yes | Yes | Yes |
Stock | Yes | Yes | Yes | Yes | Yes | Yes |
ETF | No | Yes | No | No | No | Yes |
Options | Yes | No | No | No | No | No |
Velocity Trade Commissions & Fees
Account type | Spread (minimum value) | Withdrawal commission |
Real account | from $2 | Discussed individually |
The swaps and spread sizes are already determined by the clients of Velocity Trade.
Traders Union analysts also wanted to compare VelocityTrade's fees with those of popular Forex brokers to objectively assess the company's trading terms. However, Velocity Trade is a broker for other brokers and doesn’t cooperate with traders directly. Accordingly, there are no spreads and non-trading commissions in this company.
Broker | Average commission | Level |
Velocity Trade | $2 | Medium |
RoboForex | $1 | Low |
Pocket Option | $8.5 | High |
Detailed Review of Velocity Trade
Velocity Trade is a brokerage company that cooperates with various financial institutions such as hedge funds and brokers. Account opening for private traders is not available. The broker provides clients with access to the primary and secondary markets, a range of trading instruments from different groups, consulting services, commission management, administration assistance, and complex solutions. An organization from any country can become a client if the brokerage activity is legal in such a country.
Velocity Trade by the numbers:
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The broker is represented on 5 continents.
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It has 10 offices in various countries.
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The broker grants access to trading 24/6.
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It has provided financial services for over 14 years.
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The broker has over 50 years of cumulative experience in various fields.
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Velocity Trade provides access to over 40 exchanges.
Velocity Trade is a broker for companies willing to provide their clients with access to Forex trading
Velocity Trade services are helping brokers and other financial institutions by organizing each company’s trading processes and supporting technical equipment. The company provides access to 40 international exchanges and provides high liquidity. It also offers a wide range of trading instruments, including the common Forex assets, CFDs, futures, stocks, as well as options, margin instruments, and fixed income products. The broker's reliability is confirmed by the variety of licenses for the provision of financial services and regulators from multiple countries.
Also, Velocity Trade creates customized trading platforms based on regulatory requirements. Customers can optionally get a desktop application for personal computers and laptops, a web version of the terminal, and a mobile application.
Useful Velocity Trade services:
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Contact Us. Here you can find phone numbers, fax numbers, email addresses, and VelocityTrade office addresses. Numbers and addresses may vary in different countries.
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Products & Services. Here you can find the list of services offered by the company and choose the options that suit you.
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Integrated Solution. Velocity Trade offers comprehensive services for the development of clients' businesses in addition to trading instruments and providing access to the Forex market.
Advantages:
Velocity Trade is licensed and regulated by various authorities worldwide.
The company offers access to a wide range of trading instruments.
Velocity Trade provides brokerage and consulting services.
The terms of cooperation with each corporate client are discussed individually.
The company develops unique trading platforms.
The broker provides trading via a browser, PC, and mobile app.
The broker also has real offices in different countries, and you can contact it directly at one of its offices.
How to Start Making Profits — Guide for Traders
Corporations and other registered organizations from any country where brokerage activities are permitted can become Velocity Trade clients.
Types of accounts:
The company doesn’t provide demo accounts or direct access to the markets for private traders; therefore, there it has no virtual accounts.
The Velocity Trade trading terms are not universal, so you can choose from one of its customized services.
Bonuses Paid by the Broker
VelocityTrade provides brokerage services and works with companies, not private traders. Therefore, it does not offer bonus programs for its corporate and business clients.
Investment Education Online
Velocity Trade is a broker for large corporations and organizations and doesn’t offer training materials on Forex trading.
Velocity Trade doesn’t provide cent or virtual accounts.
Security (Protection for Investors)
The VelocityTrade brokerage provides financial services on 5 continents and is regulated by the proper authorities on each of them. For example, in Australia, Velocity Trade is licensed by the AFSL to provide financial services (license number 329813), is a member of the ASX (Australian Stock Exchange) and is supervised by the ASIC (Australian Securities and Investments Commission). In Canada, the company is registered with Fintrac, and is also a member of IIROC (Investment Industry Regulatory Organization of Canada), CIPF (Canadian Investor Protection Fund), TSX Venture Exchange, and the Toronto Stock Exchange.
In New Zealand, the broker is registered with the FMA (Financial Markets Authority) as a financial services provider under number FSP20003. In the South African region, Velocity Trade is an Authorized Financial Services Provider (FSP number 43295), supervised by the FSCA (Financial Services Supervision Authority of South Africa) and approved by STRATE. In the UK, this broker is regulated by the FCA (Financial Conduct Authority) under registration number 497263. It is also registered in the Netherlands and regulated by AFM (Netherlands Financial Markets Authority).
👍 Advantages
- VelocityTrade is regulated by local authorities in 6 global regions
- The broker has several licenses to provide financial services
- The company provides information on sales and trade in the public domain
👎 Disadvantages
- There is no information on the Velocity Trade data protection center
Withdrawal Options and Fees
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Velocity Trade is a brokerage company that works exclusively with financial institutions, and the terms of cooperation, including all financial issues, are discussed and formulated with each client individually.
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The company doesn’t indicate the price list for its services, since the amount depends on the type of services selected.
Customer Support Service
If you have any questions regarding cooperation, please contact the broker in one of the convenient ways listed below.
👍 Advantages
- The company offers telephone and fax numbers to customers from different parts of the world
- You can contact Velocity Trade in several convenient ways
- Velocity Trade has walk-in offices in several countries
👎 Disadvantages
- There is no online chat.
- The company doesn’t indicate the working hours of its support services
This broker provides the following communication channels for its clients:
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call using phone numbers indicated on the site;
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send a fax;
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write an email;
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visit one of the broker's offices in different regions of the world.
Contacts
Foundation date | 2017 |
Registration address | Second Floor, Queen’s House, 8-9 Queen Street, Cheapside, London, England EC4N 1SP, United Kingdom |
Regulation |
ASIC, FMA, FSCA, FCA |
Official site | https://velocitytrade.com/ |
Contacts |
Email:
sales-uk@velocitytrade.com,
Phone: +44 20 3355 6336 |
Review of the Personal Cabinet of Velocity Trade
To take advantage of the capabilities of the Velocity Trade broker, your company will have to apply for cooperation by completing the steps listed below.
Visit the broker's official website. Find the "Make Inquiry” button on the main page in the upper right corner: Click on it if you are not yet a Velocity Trade client.
Fill out the form with the following details: your full name, job title, company name, email address, telephone number, and country.
Next, indicate which Velocity Trade services you would like to use. Also, you can fill in the field "Your inquiry" to find out the information necessary for cooperation. After filling out the questionnaire, click on the "Submit Inquiry" button.
The staff of Velocity Trade will contact you after reviewing your request.
Articles that may help you
FAQs
Do reviews by traders influence the Velocity Trade rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Velocity Trade you need to go to the broker's profile.
How to leave a review about Velocity Trade on the Traders Union website?
To leave a review about Velocity Trade, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about Velocity Trade on a non-Traders Union client?
Anyone can leave feedback about Velocity Trade on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.
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