Velocity Trade Review: Pros, Cons, And How It Stacks Up | for 2025
This Velocity Trade review has been updated for 2025 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about Velocity Trade to give you the most comprehensive guide available.
Velocity Trade is a leading broker that was founded in 2007. They have around 141 staff that help the company offer Financial Markets Access, to 10,000+ customers through MT4, Mobile Apps.
Velocity Trade Guide – Read our In-Depth Velocity Trade Review
Velocity Trade Rating: 6.62 / 10
This Velocity Trade review page contains information about investing with Velocity Trade. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
Please note that due to regulations, the content in this review of Velocity Trade does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This Velocity Trade review contains the latest info about Velocity Trade.
If you are a new entrant in the world of trading online and brokerages, so many nuances will no doubt be perplexing for you. Getting into the area of trading online demands expert assessing skills and comprehensive knowledge. You'll get proficient at all the concepts of trading online and brokerages as you continue trading. For starters, you have to select the right agent who'll consistently be transparent with you.
In the fast-paced universe of financial markets and online trading, you'll need advice to make proper decisions. A professional, direct investment plan could assist you in minimising any potential losses and maximising any returns. Velocity Trade is just one such stage which can assist you. It's crucial that you know about any broker before you trust them with your cash.
When engaging in online trading with platforms such as Velocity Trade, it's crucial to thoroughly evaluate Velocity Trade as your broker, as this choice can significantly impact your success. Selecting the right broker is vital for your Velocity Trade investments to thrive. However, be cautious of bogus and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be cautious and rigorous in your Velocity Trade broker selection to protect your hard-earned money. Performing your due diligence and researching the trustworthiness of Velocity Trade, its track record, and reputation is vital. Moreover, ensure the Velocity Trade broker's offerings, trading tools, fees, and regulation align with your requirements.
Remember, Velocity Trade should be a trusted partner on your trading journey.
Our team has devoted their efforts to simplify the intricate world of trading with Velocity Trade into easily understandable information in this Velocity Trade review. Our goal is to equip you with the knowledge necessary to confidently use Velocity Trade trading tools, ranging from depositing and withdrawing funds to executing trades.
We recognize that well-informed decisions with Velocity Trade are the cornerstone of successful trading. As such, we've provided this comprehensive Velocity Trade review. So, make yourself comfortable, grab a cup of coffee, and immerse yourself in learning about Velocity Trade and how it can benefit you, or if Velocity Trade might not be the right fit for you.
Velocity Trade Review for 2025 – Quick Summary
| Velocity Trade Telephone: | +61 2 8274 2500 |
| Velocity Trade Support Email: | sales-aus@velocitytrade.com |
| Velocity Trade Address: | Suite 9.01, 95 Pitt Street, Sydney, NSW 2000, Australia |
| Year Founded: | 2007 |
| Regulated By: | Australian Securities & Investment Commission (ASIC), BaFIN (German Federal Financial Services Authority ID: 10159853), Financial Markets Authority (FMA) of New Zealand, Financial Sector Conduct Authority of South Africa (FSCA) FSP No. 43295, Financial Conduct Authority (FCA Registered Number 497263) |
| Hedquarters: | Australia |
| Minimum Deposit: | $1 |
| Number Of Clients: | 10,000+ Velocity Trade users and traders |
| Velocity Trade TrustPilot: | https://uk.trustpilot.com/review/velocitytrade.com |
| Velocity Trade LinkedIn: | https://www.linkedin.com/company/velocity-trade/ |
| Velocity Trade Facebook: | |
| Velocity Trade Facebook Likes: | 0 |
| Velocity Trade Twitter: | @ |
| Velocity Trade Twitter Followers: | 0 |
| Velocity Trade Instagram: | |
| Velocity Trade Instagram Followers: | 0 |
| Velocity Trade Youtube: | https://www.youtube.com/channel/UC4MgDxvcep6kmI431WZPFQA |
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Many of the products and services offered by members of the Velocity Trade group are country or jurisdiction specific. |
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Our full Velocity Trade review for beginners covers all you need to learn about trading via Velocity Trade. A good agent can use your initial investments and help to protect it from losses but also provide you a platform that can help to give you profits. If you would like to make profits, you should trade with a broker service that contrasts with your investing goals.
Of course, there is no sure-fire method to guarantee profits; therefore, you should carefully assess your agent before you choose them. It's a common misconception that all brokers are exactly the same, but that is not true. Wrong judgment, initially, can put your investments in danger.
Velocity Trade is a trading partner which has forged its way successfully into the brokerage world. Within this review, we've attempted to collate a number of the important facets of Velocity Trade. This guide will help you to understand whether Velocity Trade is a fantastic fit for your own investments or not. We've attempted to breakdown all of the qualities and charges for your advantage.
Who are Velocity Trade?
Velocity Trade is a online trading broker with its head office in Australia and provides a range of instruments for trading. Since its start in 2007 they have emerged as a leading player in the field of online trading. Velocity Trade includes a highly competitive and full-featured trading site that is focused on forex, indices, metals, stocks , commodities.
Over the past 18 years, Velocity Trade has become one of the leading online brokers available to the public.
After launching in 2007, their consumer base has become as large as 10,000+ clients.
Velocity Trade is the favourite for many online traders because of its negative balance protection. Our Velocity Trade account review discovered that they're a superb solution for online trading solutions. They are best suited for investors who are looking for a variety of assets. Social and easy to use trading solutions are the heart at Velocity Trade.
Technology plays a substantial role at Velocity Trade. They offers trading on MT4, Mobile Apps. Velocity Trade is fair, transparent, and a well-regulated broker by the Australian Securities & Investment Commission (ASIC), BaFIN (German Federal Financial Services Authority ID: 10159853), Financial Markets Authority (FMA) of New Zealand, Financial Sector Conduct Authority of South Africa (FSCA) FSP No. 43295, Financial Conduct Authority (FCA Registered Number 497263). Their outstanding array of tools will be beneficial for most traders. Third-party partnerships also provide in-house analysis.
The trader resource department at Velocity Trade is very comprehensive for new traders since it allows them to have a closer look at the financial markets. Velocity Trade caters to all sorts of traders and are a must-have broker for any well-diversified approach to trading.
Velocity Trade Review Videos
Benefits of trading with Velocity Trade in 2025
Trading with Velocity Trade includes many benefits. These advantages are what sets Velocity Trade apart from the rest of the online brokers. You should check all of the advantages listed so that you have a better comprehension of Velocity Trade.
The broker goes to great lengths to understand what traders want. Consequently, the support, fast, and convenient. The broker also gives a number of programs for all kinds of traders. Velocity Trade ensures that the individual needs of all online traders are met to the best of their ability.
Velocity Trade also includes excellent trading conditions which are available to all and not just an elite group of institutional customers. The tight spreads and quick executions are a fantastic benefit for all traders. The technology embraced by Velocity Trade is of the highest caliber, making sure that it's fast, dependable, and effective.
Velocity Trade acknowledges the importance of owning a fast order execution. A quick implementation will allow users to exchange without fretting about slippage safely. It will also aid the traders to grab any opportunities.
Velocity Trade has over 249 trading instruments to support all kinds of traders. These instruments are lively and suitable for both the new and seasoned traders. All dealers can put aside all their worries when trading using Velocity Trade.
Velocity Trade Overview
Year Founded: 2007
Regulated By: Australian Securities & Investment Commission (ASIC), BaFIN (German Federal Financial Services Authority ID: 10159853), Financial Markets Authority (FMA) of New Zealand, Financial Sector Conduct Authority of South Africa (FSCA) FSP No. 43295, Financial Conduct Authority (FCA Registered Number 497263)
Hedquarters: Australia
Minimum Deposit: $1
Number Of Clients: 10,000+
Many of the products and services offered by members of the Velocity Trade group are country or jurisdiction specific.
If you feel that Velocity Trade is not right for you then at the bottom of this Velocity Trade review you will find a lot of alternatives to Velocity Trade.
Everything you ought to know about trading using Velocity Trade
Velocity Trade is a dynamic platform that offers various techniques of trading online. These instruments cover the monetary markets substantially. The Majority of the brokerage platforms offer fewer procedures than Velocity Trade
If you wish to trade with Velocity Trade, you will require a minimum deposit of $1. This deposit is mandatory if you want to start trading with Velocity Trade. This 2025 Velocity Trade review will guide you easily about trading with them.
Velocity Trade is as versatile as another broker platform. Velocity Trade is great for traders that want a manageable range of cheap services. The platforms provided by Velocity Trade are third party, white-label offerings. All traders may select out of MT4, Mobile Apps
Together with everything, Velocity Trade has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time over which a trade must be kept open. The brokers offer premium customer service which rewards customers with advantages.
Many less reputable brokers attempt to pressurise customers into bigger funding for superior services. Velocity Trade, on the other hand, is much more focused on trading volume. Dealers can expect trading conditions to be just, honest and transparent. The more lots traded by the user, the more advantages will come along.
Velocity Trade accounts are available all over the world and provides outstanding service wherever they have clients. There are a few countries where Velocity Trade accounts are not available. Traders in the following countries cannot open or use a Velocity Trade account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is Velocity Trade Safe To Trade With In 2025?
Established in 2007, Velocity Trade has been open for 18 years, they have a head office in Australia
Velocity Trade is regulated by Australian Securities & Investment Commission (ASIC), BaFIN (German Federal Financial Services Authority ID: 10159853), Financial Markets Authority (FMA) of New Zealand, Financial Sector Conduct Authority of South Africa (FSCA) FSP No. 43295, Financial Conduct Authority (FCA Registered Number 497263). These bodies have rules that make sure that trading platforms have ploicies in place to maintain investor's assets procured. This usually means that Velocity Trade users don't need to worry about their money since it's segregated and safely stored in established banks. SSL encryption secures every user's personal information also.
You can make use of an option for 2 Factor Authentications (2FA) with Velocity Trade for increased safety. An SMS for the confirmation code will be sent to your mobile phone. You'll be asked to enter this code to log into your account.
Another concern with financial brokers with respect to safety might be manipulation of trading. This is highly disadvantageous for consumers on those platforms. However, this is much more widespread in the case of Market Maker agents who compete with customers on the platform.
Velocity Trade Risk Disclaimer
Many of the products and services offered by members of the Velocity Trade group are country or jurisdiction specific. Accessing any product or service via the Velocity Trade website is not an offer, inducement or invitation to purchase those products or services. Velocity only carries on securities transactions and activities in those countries it is authorised to do so. Velocity Trade maintains offices in Toronto, Montreal, Calgary, London, Amsterdam, Hamburg, Cape Town, Johannesburg, Sydney and Auckland.
Pro's & Con's Of Trading With Velocity Trade
Every online trading platform will have a few ups and downs, and no Velocity Trade review would be complete without showing both sides. This Velocity Trade review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Velocity Trade Pro's
Velocity Trade is regulated by Australian Securities & Investment Commission (ASIC), BaFIN (German Federal Financial Services Authority ID: 10159853), Financial Markets Authority (FMA) of New Zealand, Financial Sector Conduct Authority of South Africa (FSCA) FSP No. 43295, Financial Conduct Authority (FCA Registered Number 497263).
Velocity Trade has been trading for 18 years.
Velocity Trade offers customer support over the phone.
Velocity Trade provides customer support over email.
Velocity Trade gives access to customer support over livechat.
Velocity Trade offers negative balance protection.
Velocity Trade has a low minimum deposit requirement.
Velocity Trade doesn't charge withdrawal fees.
Velocity Trade has a wide range of trading instruments.
Velocity Trade has over 100 employees.
Velocity Trade allows scalping.
Velocity Trade allows hedging.
Velocity Trade allows commodity trading.
You can trade metals with Velocity Trade.
You can trade energies with Velocity Trade.
Velocity Trade Con's
Velocity Trade is not highly rated by us. Velocity Trade hasn't won any awards. Velocity Trade doesn't offer guaranteed stop loss. Velocity Trade charges inactivity fees. You can't trade Cryptocurrencies with Velocity Trade. Velocity Trade doesn't offer social trading. Velocity Trade doesn't offer copy trading.Compare Brokers Similar To Velocity Trade
Regulation And Licencing In More Detail
Velocity Trade is regulated by Australian Securities & Investment Commission (ASIC), BaFIN (German Federal Financial Services Authority ID: 10159853), Financial Markets Authority (FMA) of New Zealand, Financial Sector Conduct Authority of South Africa (FSCA) FSP No. 43295, Financial Conduct Authority (FCA Registered Number 497263).
Velocity Trade, as a business, has a powerful set of rules for ensuring honest trading on its own platform. For information encryption purposes, it provides an industry-standard secure socket layer (SSL).
In accordance with the company's privacy regulations, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Velocity Trade Awards
At the time of writing this Velocity Trade review, and despite Velocity Trade’s impressive offering, the company has surprisingly not garnered any awards to date.Velocity Trade Trading Platforms
Velocity Trade are a professional trading platform that has been open for over 18 years. They offer a wide range of options in their user accounts.
In the following table we take the main parts of any good online trading platform and compare Velocity Trade with Startrader, and freetrade.
Velocity Trade MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with Velocity Trade in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. Velocity Trade MetaTrader 4 is compatible with the latest macOS. Velocity Trade allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and Velocity Trade
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With Velocity Trade MetaTrader 4 On iOS Devices
You can download the Velocity Trade app or also trade with Velocity Trade through the MetaTrader 4 application on the Apple app store.
Download the Velocity Trade MetaTrader 4 Program free of charge from Apple's App Store. Velocity Trade customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With Velocity Trade MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. Velocity Trade provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 10,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Velocity Trade MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit you must deposit to get started on Velocity Trade is $1. This is an adequate amount for those just beginning. It's possible to create more advanced residue as you cooperate. But, ensure you understand how to make the most of your cash before investing larger amounts.
Commission And Fees Explained
Velocity Trade is an online broker platform, and many online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled better. In other words, an online broker isn't necessarily affected by the amount of customers they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly 3 types of fees for this objective.
The first kind of charges to keep an eye out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're billed trading charges. In these cases, you're spending a spread, funding rate, or even a commission. The sorts of trading charges and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the flip side, a spread denotes the difference between the buying and selling price. Financing or overnight prices are people that are billed when you maintain a leveraged position for longer than a day.
Aside from trading fees, online brokers also bill non-trading fees. These are determined by the activities you undertake in your account. They are billed for operations like depositing cash, not investing for long periods, or withdrawals.
Generally, Velocity Trade doesn't charge high fees compared to other online agents. For operations other brokers charge for, they either do not charge a broker fee, or they charge a smaller sum. This is beneficial for those who often trade, such as weekly or daily trading.
But, non-trading fees charged by Velocity Trade are comparatively lower. As a result, you are charged more for non-trading activities on your trading accounts, such as deposits and withdrawal. These are not about the purchase and sale of assets.
This Velocity Trade review breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees Of Velocity Trade
Velocity Trade Withdrawal Fees Explained
Velocity Trade doesn't charge withdrawal fees.Withdrawal of money is possible at any time from your Velocity Trade account. You can withdraw sums up to the amount of your account balance, keeping aside the perimeter used. 1 thing to remember is that you don't always need to have any money on your account.
Moreover, the withdrawn money will be transferred directly to the account you use to create deposits. Therefore, if you used a credit card for deposits, the withdrawn money is going to be sent into the cardVelocity Trade will ask you to provide other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In case you're withdrawing cash in various currencies from USD, a conversion fee is also important. The conversion fee will be dependent on the money you're opting to draw in.
Velocity Trade Inactivity Fees Explained
Velocity Trade charges an inactivity fee if you don't make any trades for a while.
Even if no fees have been indicated by Velocity Trade, it is best for you to close the account if you are inactive. Inactivity fees are not only charged by brokerage firms but also many financial services.
For other trading platforms, the inactivity fee depends on the sort of account you have selected. The inactivity fee is subjected to a lot of conditions and should be revealed clearly by the agent beforehand.
Velocity Trade Deposit Fees Explained
When you transfer money into your trading account by the bank account, a deposit fee can be charged by the broker. Most agents do not charge too much money for this particular operation.
Velocity Trade doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing money onto the Velocity Trade trading platform is simple. You simply need to finish a single-user profile questionnaire to start depositing money into your trading account. You will need to provide an identity proof and evidence of residency to deposit large amounts.
Compare Velocity Trade Vs Other Broker Deposit Methods
What Can You Trade With Velocity Trade in 2025?
Note: Velocity Trade provides a lot of different trading instruments due to regulatory restrictions in many countries. Trading instruments offered may be different depending on the country of residence of the client.
Velocity Trade has a wide variety of over 249 instruments available for you to trade with.
If trading currency pairs is of interest to you then Velocity Trade offer over 45 forex pairs.
Compare Velocity Trade, Startrader & freetrade below.
Velocity Trade Trading App Review
Note: Velocity Trade's mobile app has many functions and is being constantly developed. What follows was correct at the time of compiling this Velocity Trade broker review.
Understand the capabilities of the mobile apps of Velocity Trade, Startrader & freetrade below.
Trading Education Available At Velocity Trade
Understand the trading resources available with Velocity Trade, Startrader & freetrade below.
Velocity Trade Customer Support
For our Velocity Trade broker review we looked at the customer service options including response times, and on the Velocity Trade trading platform problem resolution effectiveness. Velocity Trade supports a wide range of languages, including English, and Chinese
Velocity Trade Live Chat Support
We tried the live chat on Velocity Trade, and it was very effective. We have sent messages via Velocity Trade livechat via their app and web site and received a response in less than 20 seconds. On Occasion there was no response.
We have tested communication via Velocity Trade support in a variety of languages across multiple countries. Velocity Trade were able to resolve our customer issues.
Velocity Trade Phone Support
We made a call to Velocity Trade and the call was answered extremely quickly. We were able to have the call answered in less than 5-10 minutes.
The Velocity Trade phone support team was able to successfuly answer our queries and problems on the phone. We tested the multi-lingual Velocity Trade team by calling in varying languages. Velocity Trade made efforts to ensure all of our questions were answered.
The overall support via phone from Velocity Trade was good.
Velocity Trade Email Support
We sent several emails to Velocity Trade and answer times overall were very good. The fastest email response from Velocity Trade was 4 hours, while the slowest response was 12 days! Sometimes , there was no response. Support response times can vary depending on what is needed from Velocity Trade, but this was our experience sending out 10 emails at various times.
The team solved and responded to our questions. Overall average email support from Velocity Trade was very good.
Alternatives To Velocity Trade
If, after studying this Velocity Trade review, they don't quite meet your requirements check out these Velocity Trade alternatives.
We've scoured the internet to find the best alternatives to Velocity Trade. Click on the links below to learn more.
Frequently Asked Questions
Can I try Velocity Trade before I buy?
Absolutely! you can most certainly try Velocity Trade before you buy. Velocity Trade offers demo accounts for the ease of new traders. You can use this feature to build your faith in the system as well as yourself and your trading strategies.
If you sign up to get a demonstration account with Velocity Trade, you will set out with a decent amount of virtual currency. It's to establish a sense of security and confidence in you until you choose to invest your own money.
With this virtual Velocity Tradedemo account, you are able to experiment at all, to whatever period you wish. You might even start positions, test different trading approaches, and more.
Velocity Trade specifies on its official site how you are able to trade real time stocks with your demo account.
Is Velocity Trade safe?
It is possible to drop all of your worries since we believe that Velocity Trade is perfectly safe to use. It's in compliance with all the principles of Australian Securities & Investment Commission (ASIC), BaFIN (German Federal Financial Services Authority ID: 10159853), Financial Markets Authority (FMA) of New Zealand, Financial Sector Conduct Authority of South Africa (FSCA) FSP No. 43295, Financial Conduct Authority (FCA Registered Number 497263).
Even so, Velocity Trade doesn't have assured stop-loss protection.
Why does Velocity Trade ask for my passport?
The reason that Velocity Trade asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Velocity Trade has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Velocity Trade must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with Velocity Trade?
The process to start trading with Velocity Trade is super simple. You need to begin by signing up on the Velocity Trade website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but Velocity Trade are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with Velocity Trade is $1. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with Velocity Trade.
The best way to kickstart your trading career with Velocity Trade is to open a demo account facility before risking any real money
What funding methods do Velocity Trade accept?
There are a number of methods to fund your account with Velocity Trade. The process is effortless and quick, with different payment methods at your fingertips.
You can use debit or credit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing funds. You must keep in mind that PayPal is not available in all place. The currencies Velocity Trade accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit methods you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is an opportunity as well, though it takes approximately 4-7 days.
Is my money safe with Velocity Trade?
Yes, your money is safe and protected with Velocity Trade. As you know, Velocity Trade operates with proper conformation to regulations. It has established plenty of measures to guard all its own investors.
Velocity Trade safeguards its customers' private and sensitive information under SSL encryption. Your funds will be kept highly secure in top-tier banks.
If you wish to further safeguard your account, you can enable Two-Step Verification also. It takes an SMS affirmation that you get your account.
Is Velocity Trade trading good?
Yes, trading through Velocity Trade is a nice and decent experience indeed. It is an excellent and intuitive platform with useful features for your ease. In addition, you can also gain access to a huge collection of educational resources and assistive material to kickstart your trading experience.
If you are still skeptical, it is possible to open a eToro demo account and assess the credibility of the platform for yourself.
Which Countries do Velocity Trade support?
Velocity Trade operates across the world. However, due to regulations Velocity Trade cannot accept clients from Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is Velocity Trade legit?
Velocity Trade is a legit company headquarted in Australia since 2007. They are regulated by Australian Securities & Investment Commission (ASIC), BaFIN (German Federal Financial Services Authority ID: 10159853), Financial Markets Authority (FMA) of New Zealand, Financial Sector Conduct Authority of South Africa (FSCA) FSP No. 43295, Financial Conduct Authority (FCA Registered Number 497263). Velocity Trade is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is Velocity Trade a good broker?
Velocity Trade is an excellent agent, and its own users may vouch for this. The highlight of the platform is its quick order execution on trades.
You will discover the clean layout of the platform and the commendable features are pleasant to work with.
Is Velocity Trade a trustworthy broker?
Yes, Velocity Trade is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can affirm to their trustworthy nature.
Click here to see the Velocity Trade TrustPilot page
What is the minimum deposit for Velocity Trade?
The minimum deposit to open a live account with Velocity Trade is $1
How long do Velocity Trade withdrawals take?
Normally, withdrawal of money from Velocity Trade is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from Velocity Trade to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is Velocity Trade regulated?
Velocity Trade are regulated by Australian Securities & Investment Commission (ASIC), BaFIN (German Federal Financial Services Authority ID: 10159853), Financial Markets Authority (FMA) of New Zealand, Financial Sector Conduct Authority of South Africa (FSCA) FSP No. 43295, Financial Conduct Authority (FCA Registered Number 497263)
Is Velocity Trade a market leading broker?
Velocity Trade is currently one of the business leaders. It supports over 10,000+ registered customers and over 18 years of expertise on its own record. They are among the world's leading trading platforms and a dominant figure in the Fintech revolution.
It majorly owes this status to its unbelievable platform and broad selection of resources plus tools so you may put money into capital markets.
Is Velocity Trade a con?
No, Velocity Trade is not a con. They are regulated by Australian Securities & Investment Commission (ASIC), BaFIN (German Federal Financial Services Authority ID: 10159853), Financial Markets Authority (FMA) of New Zealand, Financial Sector Conduct Authority of South Africa (FSCA) FSP No. 43295, Financial Conduct Authority (FCA Registered Number 497263) and must adhere to their rules. Thus, it is safe to say that Velocity Trade is not a scam.
Can you make money with Velocity Trade?
Using Velocity Trade, many traders earn a lot of cash. However, just like all online brokerages, it is important to note that traders can also lose money. In particular, Many of the products and services offered by members of the Velocity Trade group are country or jurisdiction specific.
This may seem like a small number, but within the entire year, this adds to a significant number of gains. Even though Velocity Trade provide you all of the tools to earn money, they cannot guarantee that you will gain.
Does Velocity Trade have fees?
Yes. To begin trading using Velocity Trade, you need to deposit $1. Particular commissions while trading also applies. Any processing fees from your bank might need to be incurred by you.
When was Velocity Trade founded?
Velocity Trade was founded in 2007 in Australia. Velocity Trade is regulated by Australian Securities & Investment Commission (ASIC), BaFIN (German Federal Financial Services Authority ID: 10159853), Financial Markets Authority (FMA) of New Zealand, Financial Sector Conduct Authority of South Africa (FSCA) FSP No. 43295, Financial Conduct Authority (FCA Registered Number 497263).
How many people use Velocity Trade?
Velocity Trade is a worldwide recognised agent with 10,000+ customers.
Where is the Velocity Trade head office?
Velocity Trade has its head office in Australia
Does Velocity Trade offer negative balance protection?
Yes, Velocity Trade has Negative Balance Protection. It's specially offered when the market volatility prevents clients from allowing their account go in the red. In such a scenario, Velocity Trade offers the ability to reset a customers account balance to zero.
You are able to go through the critical terms and conditions on Velocity Trade's website to understand their policies.
Does Velocity Trade offer guaranteed stop loss?
Velocity Trade, unfortunately, does not offer guaranteed stop loss. Velocity Trade gives a chance to its traders to close their trade in their given price. Aside from this, Velocity Trade does not provide guaranteed stop loss.
Does Velocity Trade allow scalping?
Yes, Velocity Trade does permit scalping. Several traders across the world select Velocity Trade for their services that are trading. They offer trading on MT4, Mobile Apps which let this.
Does Velocity Trade allow hedging?
Yes, Velocity Trade does allow hedging.
Can you trade energies with Velocity Trade?
Yes, you can trade energy stocks with Velocity Trade
Can you trade agricultural shares with Velocity Trade?
Yes, you can trade agricultural stocks with Velocity Trade
Can you trade cryptocurrency with Velocity Trade?
No, unfortunately you cannot trade cryptocurrency with Velocity Trade
Can you trade metals with Velocity Trade?
Yes, you can trade metals with Velocity Trade
Can you trade UK Shares with Velocity Trade?
Yes, you can trade UK shares with Velocity Trade
Can you trade US Shares with Velocity Trade?
No, unfortunately you cannot trade US shares with Velocity Trade
Can you trade Japanese Shares with Velocity Trade?
No, unfortunately you cannot trade Japanese shares with Velocity Trade
Can you trade German Shares with Velocity Trade?
No, unfortunately you cannot trade German shares with Velocity Trade
Does Velocity Trade accept bank transfers?
Yes, Velocity Trade accepts bank transfers for depositing money.
Does Velocity Trade accept credit cards?
Yes, Velocity Trade accepts credit cards for depositing money.
Does Velocity Trade accept PayPal?
No, Velocity Trade does not accept PayPal.
Does Velocity Trade accept Skrill?
No, Velocity Trade does not accept Skrill.
Does Velocity Trade accept Payoneer?
Yes, Velocity Trade accepts Payoneer for depositing money.
Payoneer is an American financial services company that provides online money transfer, digital payment services and provides customers with working capital.
Account holders can send or receive funds via an ewallet, virtual bank account number in local currency, or a reloadable prepaid MasterCard debitcard. Money received can then be withdrawn to a bank account or used online / at points of sale with the Payoneer debit card. This company is a specialist in cross-border B2B transactions. It provides cross-border transactions in 200 countries and territories and more than 150 local currencies, with its cross border wire transfers, online payments, and refillable debit card services.
Payoneer is used by companies like Airbnb, Google, Amazon and Upwork to send large-scale payouts all over the globe. It is also used by eCommerce marketplaces such as Rakuten, Walmart and Wish.com, freelance marketplaces such as Fiverr and Envato, and works with ad networks to connect these firms with publishers based outside of their headquartered country.
In the content creation space, Payoneer works with Getty Images, iStock, Pond5, and others as well as in the freelance marketplace.
Payoneer's customer service team includes 320 employees that support 4,000,000 customers in 70 languages and in 150 currencies.
In October 2019, the company launched a service aimed for small and medium-sized businesses to send payments anywhere in the world quickly and cheaply.
Does Velocity Trade accept Neteller?
No, Velocity Trade does not accept Neteller.
Does Velocity Trade offer Live Chat customer support?
Yes, Velocity Trade offers customer support through live chat.
Does Velocity Trade offer phone customer support?
Yes, Velocity Trade offers customer support over the telephone.
Does Velocity Trade offer email customer support?
Yes, Velocity Trade offers customer support through email.
What languages can Velocity Trade communicate in?
Velocity Trade has the ability to communicate and support customers who speak: English, and Chinese
Does Velocity Trade have a wikipedia page?
No, Velocity Trade does not have an official wikipedia page.
Does Velocity Trade offer demo accounts?
Yes, Velocity Trade offers virtual portfolio accounts so you can test your trading strategies before risking any real money. New traders can open a demo account in order to better understand the areas of Forex trading and test out some of the features before getting a live account.
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