Established in 2007 with multiple affiliates around the world, Velocity Trade is a global financial services provider that offers direct market access to many financial assets across different markets, such as forex, equities, commodities, futures, and CFDs, via their proprietary trading platform. The broker serves international institutional clients, offering a plethora of financial services ranging from corporate finance and advisory to brokerage services.
Velocity Trade Review Introduction
In this Velocity Trade review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Velocity Trade.
Velocity Trade Platforms & Tools
Velocity Trade provides corporations and institutions with a proprietary trading platform, the Velocity Trade Trading Platform, which gives users access to the global markets. The Velocity Trade Trading platform is available as a desktop application for Windows and Mac computers; a WebTrader that runs directly on most modern web browsers, including Google Chrome, Safari, Firefox, and Edge; and mobile apps that are compatible with Android and iOS devices. The mobile apps can be downloaded from the respective app stores.
Some of the affiliates also provide the MetaTrader 4 platform, which is one of the industry’s leading trading platforms and is available in the desktop, web, and mobile versions.
The broker also offers a tailored technological solution on a client-by-client basis, and they provide dedicated, ultra-low latency servers in either LD4 or NY4 from which they offer direct API or GUI access. They also offer MAM/PAMM accounts for account managers.
Velocity Trade Research & Education
Velocity Trade has a selection of educational resources, such as reports and newsflashes that cover active corporate events, original market commentary, and differentiated research on the mining sector. These help to update clients on the latest happenings in the markets whilst enhancing their trading skills and knowledge. The broker also keeps clients on top of corporate and market developments through hosted events with mining industry leaders.
Velocity Trade Trading Accounts
The broker’s website does not specify the account types, as different entities of Velocity Trade organize their account types differently, in accordance with the local regulatory restrictions, requirements, and conditions.
Velocity Trade Account Funding
The payment options available to you are dependent on the Velocity Trade entity you are dealing with, but generally, they accept Bank Wire Transfer and Credit/Debit Card. Some also accept Check. Transaction fees and processing time vary with the payment method.
Velocity Trade Customer Service
Velocity Trade provides customer support services via email, telephone, and Live Chat. You can also visit any of the local offices nearest to you.
Velocity Trade Regulation
The different entities of Velocity Trade are regulated in various jurisdictions as follows:
- Australia: Australian Securities and Investments Commission (ASIC), Australian Securities Exchange (ASX).
- New Zealand: FMA
- Canada: Investments Industry Regulatory Organization of Canada (IIROC), Toronto Stock Exchange (TSX).
- UK: Financial Conduct Authority (FCA), LSE
- Netherlands: Authority for the Financial Markets (AFM).
- South Africa: Financial Sector Conduct Authority (FSCA), JSE
Velocity Trade Review Summary
Velocity Trade is a global brokerage group that combines seamless execution with leading technology to serve international institutional clients. The brokerage brand offers a range of financial services, from corporate finance and advisory to brokerage services. They offer multiple financial products for trading via their in-house-developed trading platform that is available in the desktop, web, and mobile versions.
It is worth mentioning that some of the trading products and services in this Velocity Trade review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Velocity Trade broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.