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Velocity Trade

Velocity Trade
SKU:
Brand: Forex Broker
Category: Forex Broker

  • Platform

  • Min deposit

  • Min lot

  • Spreads

  • Broker Type

  • Regulated

Our Rating

The overall rating is based on review by our experts

5
  • Broker Customer Service 5 / 10
  • Broker Features 5 / 10
  • Forex Pricing 5 / 10
  • Trading Platform Connectivity 5 / 10
  • Trading Platform Usability 5 / 10

Velocity Trade is a Forex Broker . It started opening it’s doors to clients in 2007 , establishing it’s offices in New Zealand , United States, United Kingdom, Canada, Australia, South Africa. Velocity Trade (Forex Broker) offers various trading accounts: Mini Account, Standard Account and the minimum deposit for Trading in Forex (FX) is $1000.

broker1} offers accounts in: USD Account, AUD Account, NZD Account with variable spreads. The lowest spread offered in EuroDollar is 1.1 pips.
It’s platform (MT4, Terminal Velocity, Latitude GT/360T, ZuluTrade ) can be traded on | , it offeres a STP trading feed. The platform is set on GMT and it offers a 5 digits decimal spacing on it’s forex pairs. It’s Forex (FX) accounts offer a leverage of 100 : 1 Standard Account

On it’s platforms: MT4, Terminal Velocity, Latitude GT/360T, ZuluTrade, you can set Trailing Stoploss, OCO orders, One click trading, furthermore it offers No Mobile trading, No Webtrading and 26 fx pairs. Among the foreign exchange products you can also trade, Gold, no.

broker1} (Forex Broker) is regulated by FSPR, FSCL (NZ has limited regulation); ASIC Australia, and is a Independent broker.

For all those wondering on the payment and withdrawal method, here is a list of funding methods:

Payments:Bank Wire, Check

Withdrawals from your FX account:Bank Wire

Velocity Trade - Specs

Broker

Broker Type DMA/STP
Broker Country New Zealand
Regulation FSPR, FSCL (NZ has limited regulation); ASIC Australia
Indipendant Broker Independent broker
Year in Industry 2007
International Offices United States, United Kingdom, Canada, Australia, South Africa

Account

Accept US Clients No US clients
Mini account deposit $1000
Standard account deposit $1000
Trading account currency USD Account, AUD Account, NZD Account
Leverage Account 100 : 1 Standard Account
Minimal size lot 0.01 lot
Leverage Mini account Mini Account, Standard Account

Payments

Funding method Bank Wire, Check
Withdrawal method Bank Wire

Costs

Commissions no
Costs & Spreads variable
Costs/Lowest spreads on EURUSD 1.1 pips

Trading

Premium trading STP trading
Scalping yes
Hedging
EAs allowed yes

Platform

Trading platform type MT4, Terminal Velocity, Latitude GT/360T, ZuluTrade
Platform time zone GMT
Decimal pricing 5 digits
Trailing stops Trailing Stoploss
OCO orders OCO orders
One click One click trading
Mobile trading
Webtrading

Products

Currency pairs 26 fx pairs
Gold Silver Gold
CFD Trading CFD trading
Other instruments no

Other

MAM PAMM LAMM no
Managed Accounts No
Swap free accounts No
Segregated client accounts

Promotions and Offers

Bonuses (T&Cs apply) Yes
Contests No

Velocity Trade - Reviews

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  • Rate this Product

  • Funds deposit/withdrawal process, Support, Integrity.
    5
  • Currencies variety, API, News service, etc.
    5
  • Spreads, Spreads during news, Fees, Execution.
    5
  • Bluetooth, Wi-fi connectivity, data trnasfer speed, internet browsing and interfaces.
    5
  • What do you feel about usability and speed of UI (user interface), messaging, calling, contacts management, call history, notifications and internet browsing?
    5
  • 6 / 10 based on your selection