Velocity Trade Journal
| Journal status: live Velocity Trade joined in | not yet |
Velocity Trade Profile
Website
Year
2009
Country
UK
Branches
5
Regulation
FCA UK
Registration
FCA UK, ASIC Australia, CIRO 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
DMA
Dealing book
A-book
Tier
3
Execution speed
...
LPs total
40
LPs quality
not disclosed
LPs names
not disclosed
Velocity Trade Accounts
DMA
Minimum Deposit
25000 $
Leverage
100 : 1
Minimum Lot
0.01 lots
EURUSD spread
0.5 pips
Commission
15 $/lotRT
Volume
5 lots
Margin Call
100 %
Stop Out
100 %
Execution
Market
Spread
floating
Scalping
yes
Deposit & Fees
Deposit methods
Bank Wire
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
none
| Update broker |
- Full listing profile: Velocity Trade broker profile
Is Velocity Trade safe?
- Investor protection: UK Financial Services Compensation Scheme (FSCS)
- Regulation: FCA UK
- Registration: FCA UK, ASIC Australia, CIRO 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: virtually non-existent
★ - 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.
velocitytrade.com
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