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Velocity Trade Guide – Read our In-Depth Velocity Trade Review

This Velocity Trade review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this Velocity Trade review does not apply to US users.

This Velocity Trade review contains the most recent information about Velocity Trade.

If you are a new entrant in the realm of trading and brokerage, so many facts will be confusing for you. Getting into the area of trading demands expert assessing skills and comprehensive knowledge. You will acquire adept at all of the concepts of broker as you continue trading. For starters, you need to select the ideal agent who will be transparent with you always.

In this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally lead investment program will create hefty returns. Velocity Trade is one such stage that will take you and your investment into great heights. It's important that you understand all about Velocity Trade before you trust them with your cash.

Velocity Trade review

Our entire Velocity Trade Review covers all you will need to know about trading using Velocity Trade. A fantastic agent can multiply your first investments and give you favorable profits. If you want to make profits, you should trade with a brokerage service that contrasts with your investing objectives.

There is no sure-fire method to ensure profits; thus, you should carefully assess your agent before you select them. It's a common misconception that all agents will be the same, but that's not true. Wrong judgment, in the beginning, can put your investments in danger.

Velocity Trade is a broker which has paved its way successfully into the broker world. In this review, we've tried to collate some of the vital facets of Velocity Trade. This review will help you to understand whether Velocity Trade is a fantastic match for your investments or not. We've attempted to breakdown all the qualities and charges for your convenience.

Velocity Trade Review, Table Of Contents

Who are Velocity Trade?

Velocity Trade is a forex broker headquartered in Australia and provides a variety of tools for online trading. Since its start in 2008, Velocity Trade has emerged as a top-tier player in the industry of online brokerage. Velocity Trade has a highly competitive and full-featured trading site that's focused on forex, indices, metals, stocks , commodities.

Over the past 13 years, Velocity Trade has grown into one of the leading online brokers.

After establishing in 2008, their customer base is becoming as big as 10,000+ clients.

Velocity Trade is the favorite for many traders.. Our Velocity Trade review discovered that they are an superb alternative for automated trading options. It is most appropriate for investors who are looking for a variety of assets. Social and automated trading options are the heart at Velocity Trade.

Technology plays a substantial role at Velocity Trade. Velocity Trade offers trading on Metatrader 4 - desktop, iOS and Android versions available.. Velocity Trade is fair, transparent, and a well-regulated broker by the Australian Securities & Investment Commission (ASIC). Their outstanding variety of tools will be beneficial for most traders. Third-party partnerships also supply in-house research.

The educational department at Velocity Trade is quite insightful for new dealers 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.

Benefits of doing online trading with Velocity Trade?

Trading with Velocity Trade comes with many benefits. These advantages are what sets Velocity Trade apart from all other online brokers. You should check all the advantages listed so that you have a better comprehension of Velocity Trade.

The broker goes to great lengths to comprehend what traders need. As a result, the service price is low, quick, and convenient. The broker also gives a number of programs for all types of traders. Velocity Trade ensures that the individual needs of all online traders are completely met.

Velocity Trade also includes excellent trading conditions that are readily available to just an elite class of institutional customers. The tight spreads and quick executions are a great benefit for the traders. The technology adopted by Velocity Trade is of the maximum caliber, ensuring that it is fast, dependable, and effective.

Velocity Trade admits the importance of having a quick order execution. A fast implementation enables users to trade without fretting about slippage safely. It is going to also aid the traders to grab the maximum profitable opportunities.

Automated trading is another major aspect of Velocity Trade. A new trader can learn from industry experts using the automatic trading alternative. The tight spread begins from as low as 0.0 pips, even though they are available for only razor balances.

Velocity Trade has over 249 trading instruments to support all kinds of traders. These instruments are dynamic and convenient for both the new and seasoned traders. The dealers can set aside all their worries when trading using Velocity Trade.

Velocity Trade overview

Year Founded: 2008

Regulated By: Australian Securities & Investment Commission (ASIC)

Hedquarters: Australia

Minimum Deposit: $1

Number Of Clients: 10,000+

Your capital is at risk

If you feel that Velocity Trade is not right for you then at the bottom of this Velocity Trade review you wil find a lot of alternatives to Velocity Trade.

What you ought to know about trading using Velocity Trade

Velocity Trade is a lively platform that offers various procedures of online trading. These instruments cover the monetary markets considerably. Most of the brokerage platforms offer less methods than Velocity Trade

If you want to trade with Velocity Trade, you'll need a minimum deposit of $1. This deposit is mandatory if you would like to start trading using Velocity Trade. This 2021 Velocity Trade review will direct you easily about trading with them.

Velocity Trade is as flexible as another broker platform. Velocity Trade is ideal for traders that want a manageable variety of cheap services. The programs provided by Velocity Trade are third party, white-label offerings. All traders may pick from Metatrader 4 - desktop, iOS and Android versions available..

Together with everything, Velocity Trade has multiple benefits to new and verteran traders and should be investigated. There's no minimum time over which a transaction has to be kept available. The brokers offer premium customer service which rewards clients with advantages.

Many less reputable brokers try to pressurise users into bigger financing for premium services. Velocity Trade, on the other hand, is more focused on trading volume. Traders can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the consumer, the further benefits will come along.

Velocity Trade accounts are available globally and provides excellent service everywhere they have customers. There are only a select few countries where Velocity Trade accounts are not available. Traders in the following countries cannot open or use a Velocity Trade account:

Is Velocity Trade Safe To Trade With?

Launched in 2006, Velocity Trade has been open for 13 years, they are headquarted in Australia.

Velocity Trade is regulated by Australian Securities & Investment Commission (ASIC). These figures have rules that ensure that trading platforms have ploicies in place to keep investor's assets procured. This means that Velocity Trade users don't need to worry about their money since it's segregated and safely kept in banks that are established. SSL encryption simplifies each user's personal information as well.

You can make use of a choice for Two Factor Authentications (2FA) with Velocity Trade for heightened security. An SMS with the verification code will be sent to your mobile phone. You'll be asked to input this code to log in to your account.

Another concern with fiscal brokers with regards to security might be manipulation of trading. This is highly disadvantageous for consumers on these platforms. Nonetheless, this is more widespread in the case of Market Maker agents who compete with customers on the platform.

Pro's & Con's Of Trading With Velocity Trade

Every online trading platform has a few ups and downs, and no Velocity Trade review would be complete without having a balanced approach. 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 trusted by 10,000+ clients
  • Velocity Trade doesn't charge inactivity fees
  • Velocity Trade doesn't charge deposit fees
  • Velocity Trade doesn't charge CFD fees
  • Velocity Trade offer trading on Metatrader 4 - desktop, iOS and Android versions available.
  • Velocity Trade offer 249 trading instruments
  • Velocity Trade trades major forex pairs
  • Velocity Trade trades exotic forex pairs
  • Velocity Trade can communicate in

Velocity Trade Con's

  • Velocity Trade does not offer Negative Balance Protection
  • Velocity Trade does not offer Guaranteed Stop Loss
  • Velocity Trade charge withdrawal fees
  • Velocity Trade doesn't trade minor forex pairs
  • Velocity Trade doesn't offer trading on cryptocurrencies

Velocity Trade Review - Compare Brokers Similar To Velocity Trade

Velocity Trade Bittrex Vantage FX Investors Intelligence
Rating 4/5 4/5 4/5 4/5
Minimum Deposit $1 $100 $200 $1
Year Founded 2008 2010 2008 1947
Headquarters Australia South Korea Australia London
Regulated By Australian Securities & Investment Commission (ASIC) Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA) Australian Securities & Investment Commission (ASIC) Financial Conduct Authority (FCA)
Clients 10,000+ 10,000+ 10,000+ 10,000+
Find Out More
Risk Warning Your capital is at risk Your capital is at risk Your capital is at risk Losses can exceed deposits

Velocity Trade Review - Regulation And Licencing In More Detail

Velocity Trade is regulated by Australian Securities & Investment Commission (ASIC).

Velocity Trade, as a company, has a powerful collection of rules for ensuring honest trading onto its platform. For data encryption purposes, it provides an industry-standard secure socket layer (SSL).

In accordance with the company's privacy regulations, client data is to not be shared with any other institutions or individuals. Including credit history and other financial information.

Velocity Trade Review - Awards

    At the time of writing this Velocity Trade review, they had not received any awards.

Velocity Trade Review - Minimum Deposit Required

The minimum deposit that you need to begin on Velocity Trade is $1. This is a decent amount for those just starting out. You can create more advanced deposits as you go along. But, make certain you know how to make the most of your money before investing larger amounts.

Velocity Trade Review - 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. That is, an internet broker is not necessarily influenced by the number of clients they have.

But this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are primarily 3 different types of penalties for this objective.

The first kind of charges to keep an eye out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you're charged trading fees. In such cases, you're spending a spread, financing speed, or a commission. The sorts of trading charges and the rates differ from broker to broker.

Commissions can be fixed or dependent on the traded quantity. On the flip side, a spread refers to the gap between the buying and selling cost. Funding or overnight prices are people that are billed when you maintain a leveraged position for more than a day.

Apart from trading fees, online brokers also bill non-trading fees. These are determined by the actions you undertake in your accounts. They're billed for operations like depositing cash, not trading for lengthy periods, or withdrawals.

In general, Velocity Trade does not charge high fees in comparison to other online brokers. For operations other agents fee for, they either do not charge a brokerage fee, or they charge a lesser sum. This is beneficial for those who regularly exchange, such as daily or weekly trading.

But, non-trading fees billed by Velocity Trade are comparatively lower. Consequently, you're charged more for non-trading activities on your trading account, like withdrawal and deposits. These aren't related to the sale and purchase of assets.

This Velocity Trade review breaks down every one of the applicable non-trading charges for you in detail.

Compare broker fees against Velocity Trade

Velocity Trade Bittrex Vantage FX Investors Intelligence
Minimum Deposit $1 $100 $200 $1
Withdrawal Fees variable $2 0 No
Inactivity Fees No
Deposit Fees variable
CFD Fees No

Velocity Trade Review - Withdrawal Fees Explained

Velocity Trade charges a withdrawal fee when you create a bank transfer. Each time you transfer money back into your bank account, these withdrawal charges become important.

Withdrawal of money is possible at any moment from your Velocity Trade account. It's possible to draw up sums to the amount of your account balance, keeping aside the perimeter utilized. One thing to remember is that you don't always have to have any cash on your account.

In addition, the withdrawn money will be moved directly to the accounts you use to make deposits. Therefore, if you used a credit card for deposits, then the withdrawn cash will be sent to the card. Velocity Trade will ask you to offer other withdrawal methods in case 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 depend on the currency you're opting to withdraw in.

Velocity Trade Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is only one of those buzzing questions that run through your head while open an account with Velocity Trade. An inactivity fee is an amount charged to registered traders who have not participated in purchasing or selling for some time. The period regarded as inactive is determined by the agent.

The inactivity fee also differs from one broker to another and is not standardized. If a dealers account doesn't have a purchasing or selling transaction, it is maintained by the agent as an inactivity charge. The traders need to pay this fee under terms and conditions that they had agreed while enrolling.

Velocity Trade doesn't charge inactivity fees so you are free to pop in and out of your account as needed

Even if no fees are implied by Velocity Trade, it's better that you close the account if you're inactive. Inactivity fees are not only charged by broker firms but also many financial services.

For additional trading platforms, the inactivity fee depends on the sort of account you have selected. The inactivity fee is exposed to a lot of conditions and should be revealed clearly by the broker beforehand.

Velocity Trade Review - Deposit Fees Explained

When you move money into your trading account by your bank account, a deposit fee can be billed by the broker. Most brokers do not charge too much money for this operation.

Velocity Trade doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed

Depositing cash on the Velocity Trade trading platform is easy. You just need to finish a single-user profile survey to start depositing money into your trading account. You'll need to provide an identity evidence and proof of residency to deposit substantial sums.

Velocity Trade Review - Compare Broker Deposit Methods

Velocity Trade Bittrex Vantage FX Investors Intelligence
Minimum Deposit $1 $100 $200 $1
Credit Card

What Can You trade With Velocity Trade?

Note: Velocity Trade provides many different trading instruments due to regulatory restrictions in a few countries. Trading instruments offered will be different based 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 forex pairs.

Compare Velocity Trade, Bittrex, Vantage FX & Investors Intelligence below.

Velocity Trade Bittrex Vantage FX Investors Intelligence
Platforms Metatrader 4 - desktop, iOS and Android versions available. MetaTrader 4, cTrader Platform MT4 Web Trader, Tablet & Mobile apps
Instruments Available 249 57 247 100
Forex & Crypto
Forex Pairs Available 70
Offers Major Forex Pairs? Yes Yes Yes Yes
Offers Minor Forex Pairs? No No No Yes
Offers Exotic Forex Pairs? Yes No Yes Yes
Offers Cryptocurrencies? No Yes Yes No
Commodity CFD's
Commodities Offered 0 0 0 10
Trade Metals? Yes No Yes Yes
Trade Energies? Yes NO Yes No
Trade Agricultural? Yes No Yes Yes
Indiced & Stock CFDs
Stocks Offered 0 0 10
Trade UK Shares? Yes No Yes Yes
Trade US Shares? No Yes No Yes
Trade German Shares? No No No Yes
Trade Japanese Shares? No No No Yes

Your capital is at risk

Your capital is at risk

Your capital is at risk

Losses can exceed deposits

Alternatives To Velocity Trade

If, after reading this Velocity Trade review, Velocity Trade does not meet your needs check out these Velocity Trade alternatives.

We have scoured the web to find the best alternatives to Velocity Trade. Click the hyperlinks below to learn more.

Frequently Asked Questions about Velocity Trade

Can I try Velocity Trade before I buy?

Yes, you can most definitely try Velocity Trade before you buy. Velocity Trade offers demo accounts for the ease of inexperienced traders. You can use this feature to build your faith in the machine and yourself and your trading strategies.

If you register for a demonstration account on Velocity Trade, you may set out using a decent amount of virtual currency. It's to establish a sense of safety and confidence in you until you decide to invest your own money.

With this digital Velocity Tradedemo account, you are able to experiment at all, to whatever length you wish. You might also start positions, examine different trading strategies, and more.

Velocity Trade specifies on its official website which you can exchange real time stocks in a demo account.

Is Velocity Trade safe?

You can drop all your worries because we believe that Velocity Trade is completely safe to use. It is in compliance with all the rules of Australian Securities & Investment Commission (ASIC).

Nevertheless, Velocity Trade doesn't provide 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 withVelocity Trade is perhaps simple enough to be a cakewalk. 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.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with Velocity Trade is $1. You should have a good hold over the nuances of online trading before you set out and trade with real money.

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 finance your accounts with Velocity Trade. The process is effortless and quick, with various payment methods at your fingertips.

You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You must keep in mind that PayPal is not available in all country. The currencies Velocity Trade

Is my money safe with Velocity Trade?

Yes, your money is safe and protected with Velocity Trade. As you already know, Velocity Trade operates with good conformation to. It has established lots of measures to guard all of its own investors.

Velocity Trade protects its customers' personal and sensitive data under SSL encryption. Your funds will be kept highly secure in top-tier banks.

If you wish to further safeguard your accounts, it is possible to enable Two-Step Verification also. It takes an SMS confirmation for you to get your accounts.

Is Velocity Trade trading good?

Yes, trading via Velocity Trade is a pleasant and good experience indeed. It's a great and intuitive platform with helpful features for your simplicity. In addition, you can even gain access to a huge selection of educational tools and assistive substance to kickstart your trading expertise.

If you are still skeptical, you can open a eToro demo account and evaluate the trustworthiness of the platform for yourself.

Which Countries does Velocity Trade support?

Velocity Trade operates across the globe. However, due to regulations there are some countries that Velocity Trade does not accept clients resident in

Is Velocity Trade legit?

Velocity Trade is a legit company headquarted in Australia since 2008. They are regulated by Australian Securities & Investment Commission (ASIC). 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 a great broker, and its own users can vouch for it. The highlight of the platform is its fast order execution on trades.

You will discover the clean design of the platform and the commendable features a pleasure 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 reaffirm their trustable nature.

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 the withdrawal from Velocity Trade to show in your bank account.

Are Velocity Trade regulated?

Velocity Trade are regulated by Australian Securities & Investment Commission (ASIC)

Is Velocity Trade a market leading broker?

Velocity Trade is currently among the business leaders. It has over 10,000+ registered customers and over 13 years of experience on its record. They are among the world's leading trading platforms and a prominent figure in the Fintech revolution.

It simplifies this standing to its incredible platform and broad selection of resources plus tools so that 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) 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?

Through Velocity Trade, several traders earn a lot of money. However, typically, through continual trading, you also can make between 2% - 10% profit a month.

This may seem like a small number, but within the year, this adds to a substantial amount of gains. While Velocity Trade provide you all of the tools to make money, they cannot guarantee that you will profit.

Does Velocity Trade have fees?

Yes. To begin trading using Velocity Trade, you need to deposit $1. Particular commissions while trading also apply. Any processing fees from your bank might need to be incurred by you.

When was Velocity Trade founded?

Velocity Trade was founded in 2008 in Australia. Velocity Trade is regulated by Australian Securities & Investment Commission (ASIC).

How many people use Velocity Trade?

Velocity Trade is a globally recognised broker with 10,000+ clients.

Where is the Velocity Trade head office?

Velocity Trade has its head office in Australia

Does Velocity Trade offer negative balance protection?

No. Velocity Trade doesn't offer negative balance protection. If your balance is unfavorable, Velocity Trade indicates you contact client services. For this, you are able to fix any imbalances within your own account.

Does Velocity Trade offer guaranteed stop loss?

Velocity Trade regrettably, does not offer guaranteed stop loss. Velocity Trade gives a chance to its dealers to close their trades at their given price. Aside from that, Velocity Trade does not offer guaranteed stop loss.

Does Velocity Trade allow scalping?

Yes, Velocity Trade do allow scalping. Several traders throughout the world choose Velocity Trade for their services that are trading. They offer trading on Metatrader 4 - desktop, iOS and Android versions available. which allow 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?

Yes, you can trade German shares with Velocity Trade

Does Velocity Trade accept bank transfers?

No, Velocity Trade does not accept bank transfers.

Does Velocity Trade accept credit cards?

No, Velocity Trade does not accept credit cards.

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?

No, Velocity Trade does not accept Payoneer.

Does Velocity Trade accept Neteller?

No, Velocity Trade does not accept Neteller.

Does Velocity Trade offer Live Chat customer support?

No, Velocity Trade does not offer customer support through live chat.

Does Velocity Trade offer phone customer support?

No, Velocity Trade does not offer customer support over the telephone.

Does Velocity Trade offer email customer support?

No, Velocity Trade does not offer customer support through email.

What languages can Velocity Trade communicate in?

Velocity Trade has the ability to communicate and support customers who speak:

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 demo accounts so you can learn their systems before risking any real money.