Velocity Trade

  • Name:Velocity Trade
  • Website:http://www.velocitytrade.com/
  • Location:Australia Canada New Zealand United Kingdom
  • Found in:1999
  • Regulation Authority:ASIC (Australia), FCA (UK)
Editorial Rating:
2.00
Accept US Traders:
No

VelocityTrade.com

With offices in Montreal, New York, London, Sydney, Auckland and Cape Town, Velocity Trade has developed a hybrid trading system since its inception in 1999. Having initially started as a physical brokerage, Velocity Trade has embraced the benefits of online FX trading since 2007 and now provides electronic pricing and execution through a 24-hour direct dealing desk.

The benefit of a trading through a direct dealing desk means users aren’t exposed to commission charges or spread mark-ups and this is something that has allowed Velocity Trade to attract over $5 billion in trading activity each month.

VelocityTrade.com’s Special FX:

Customer satisfaction is something Velocity Trade prides itself on. Indeed, this is something they strive to achieve on a daily basis through a number of features, including: access to a global agency of traders 24/6 through a single accounts, fast settlements and account professionals who can help advise traders on various risk management strategies.

Another defining feature of Velocity Trade is its financial might. When trading through any FX broker it’s important to feel confident in both their personal liquidity and their ability to access market liquidity. Fortunately, Velocity Trade counts two major banks within its list of shareholders which means it’s not only a robust company but one that has strong links with many industry leaders.

The Essentials:

If you’re unsure of how trading in Forex works the Velocity Trade offers demo accounts through all of its platforms. Giving direct access to the FX market for 30 days, these platforms are a great way for novice traders to sample the site and hone their skills in a risk free environment.

Velocity Trade gives users the ability to access the currency exchange market through two main platforms: MetaTrader 4 and Terminal Velocity.

Both designed to give traders access to 30 currency pairs, each platform offers live data feeds, market overviews, in-chart trading and a selection of order and Expert Advisors.

For traders who want to take a somewhat more leisurely approach to FX trading, Velocity offers mirror trading through ZuluTrade. The automated platform takes much of the hassle out of trading by allowing users to directly copy the investments of experienced professionals.

Whether you’re accessing the Forex market through MT4, Terminal Velocity or ZuluTrade, Velocitytrade.com offers the following account conditions:

Minimum account size $1,000.

Minimum position size is 0.01 lots.

Fixed spreads from 2.5 pips.

Leverage of 1:100.

Trading takes place on 4 digits after the comma.

Access to 30 currency pairs.

In addition to these parameters, Velocity Trade members can benefit from: trailing stops, one-click trading and mobile trading.

Risk Disclosure: fxBrokerSearch.com will not be held liable for any financial loss or damage caused by users acting upon any information contained within this website, not limited to and including: all numerical data, quotes, charts and buy/sell signals. Moreover, please be advised that Forex trading is one of the most volatile investment forms in the world and all trades should be placed with full consideration of the risks and costs.

fxBrokerSearch.com does not support nor encourage the execution of any investments. Trading with a margin is high risk endeavour and not suitable for everyone, therefore, each investor should carefully consider all relevant trading conditions, such as experience, risk and cost, before taking part in any type of trading, including Forex.

While every effort has been made to ensure all our data is as accurate as possible, fxBrokerSearch.com cannot be held responsible for any prices that are not in line with real-time data. Indeed, the currency exchange market is constantly changing and all CFDs (stocks, indexes, futures) and Forex prices are set by market makers.

This means advertised prices may not be accurate and could differ from the actual market conditions. For this reason it is not appropriate to rely on any data presented by fxBrokerSearch.com for the purposes of trading.

Based on these conditions, fxBrokerSearch.com will not be held responsible for any losses incurred through trades conducted in light of data presented on this site.