Velocity Trade Journal

Journal status: live
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Velocity Trade Profile
Year
2009
Country
UK
Branches
5
Regulation
FCA UK
Registration
FCA UK, ASIC Australia, IIROC Canada, AFM Netherlands, FMA New Zealand, FSCA South Africa
Investor protection
Fund protection
UK Financial Services Compensation Scheme (FSCS)
Publicly traded
no
Restricted in
Not serving
х Canada, US
Broker type
ECN
Dealing book
A-book
Tier
3
Execution speed
...
LPs total
40
LPs quality
not disclosed
LPs names
not disclosed

Velocity Trade Accounts
ECN
Minimum Deposit
25000 $
Leverage
100 : 1
Minimum Lot
0.01 lots
EURUSD spread
0.5 pips
Commission
5 $/lotRT
Volume
50 lots
Margin Call
50 %
Stop Out
50 %
Execution
Market
Spread
floating
Scalping
yes
Deposit & Fees
Deposit methods
Bank Wire
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after ... months
Update broker

Is Velocity Trade safe?

  • Investor protection: UK Financial Services Compensation Scheme (FSCS)
  • Regulation: FCA UK
  • Registration: FCA UK, ASIC Australia, IIROC Canada, AFM Netherlands, FMA New Zealand, FSCA South Africa
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is Velocity Trade trusted?

  • Information transparency: limited ★★
  • Customer service: prompt, helpful ★★★★★
  • Velocity Trade website: uninformative, updated ★★
  • Velocity Trade popularity (by visitor count): low visits ★★

How Velocity Trade works



Velocity Trade provides institutions and corporations access to FX liquidity and trading services.



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