Velocity Trade was founded in 2007 as a dealer center. Clients of Velocity Trade are backed by a global team of professionals located in Toronto, Montreal, Sydney, Auckland, London and Cape Town. Through its global network of subsidiaries, Velocity Trade provides corporate and institutional clients with brokerage services on Forex and various exchange markets.In addition, the broker provides consulting and asset management services.
The company and its subsidiaries are regulated by different regulators worldwide, including the Financial Conduct Authority (FCA) in Great Britain, the Investment Industry Regulatory Organization of Canada (IIROC), the Australian Securities and Investment Commission (ASIC), and the Financial Services Board (FSB) in South Africa.
The broker’s main trading conditions:
Trade managers of the company offer stock exchange services on international markets as well as acquiring. Transactions are executed using the technology of direct market access (DMA), which allows investors to work directly with the order book of an exchange.
Velocity Trade’s customers can use a full range of forex products and services competitive for institutions and corporations.
Velocity Trade enables trading precious metals and hedging which are conducted thanks to the support of offices located in the world's key extraction regions. These offices work 24/6.
Velocity Trade has formed a strategic alliance with TMX Insights to provide clients with comprehensive forex market analytics, financial contents, tools, and applications to help traders make the best trading and investment decisions.
Besides, the broker renders various services depending on a specific region such as Canada, Europe/United Kingdom, South Africa, Australia, and New Zealand.
The company is the official partner of Rugby Canada’s National Senior Men’s Sevens.
Velocity Trade 2/10 (votes 2197)
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Velocity Trade has a terrible service in the market. As I can't deal instantly and I got a huge slippage position from my demanding positions. I can't withdraw money from my account from my Skrill account. Now I am disappointed to invest with Velocity Trade.
I think Velocity Trade don't like me to withdraw my funds that is why they always made a way to delayed it. I am trying contact their customer service for three weeks and till now they did not resolve the issue and they said according to their policy they can’t transfer the money to my account they have to transfer it to my PayPal account.
I'm so satisfied to trade with Velocity Trade. I like their trading platform because they have instant order executions. I'm using the MT4 platform, trading in EUR/USD, USD/CHF, and GBP/USD. My orders are always executed in the right positions and bring me more than 20% profit. My favorite from this broker is that they provide market analytics, financial contents, tools, and applications to help traders make the best trading and investment decisions. The deposit and withdrawal process is efficient and on time. Support team is always available. So far, I'm enjoying my trading without obstacles. Velocity Trade is a professional and reliable broker.
I did not hesitate a bit when I opened an account at Velocity Trade because the broker is strongly regulated. I have been with them for almost three years now and I never had any issue with my trading activities especially with my payment transactions. Whenever I withdraw the profits, I receive the money within 48 hours.
Avoid..a scam. Tried to transfer funds back into my bank account and their server was ' experiencing problems'. basically they stole my money. a scam ! avoid!
I have been trading with Velocity Trade for a year, I feel comfortable trading with them because the customer support team always helps me with my trading problems. Velocity Trade is an honest broker as I know, they always approve my WD requests fast. I always withdraw money using bank transfer and never get a delay for it. I already earned arround $700 until now. I can say that Velocity Trade is an honest broker based on my experience trading with them.
My experience with Velocity Trade is unusual. I do not know what problem was facing on last week, suddenly my platform was get freezed. 20 minutes latler when its unfreezed I found an error in my trading record, my two profitable order one USDJPY and another one EURCHF trades were missing. It has been more than 6 days I reported to them but they did not give me any explanation. Even they did not pick up my phone call. Is there any person who have encountered same problem with this broker?
I do not suggest you trading with this broker. I personally had problems with some pending orders, which were not triggered. Their customer support told me to wait till this week. But when I checked my account today, I haven't got the money yet. My request is $565. Their execution is very slow; and spreads is too high
I am planning to withdraw all my deposits because they reduced my earnings without my knowledge. They couldn't even justify their actions. Very high spreads and also the requirement for minimum account size is impossible, if you just want to test the service, because we all know, that demo testing is not in fact testing. I made the deposit because I’ve heard good things about this broker, but most of my friends, which I could refer, would not deposit that kind of money. I have opened an account with deposit $1000 and when I have gained some profit for several months from trading and requested for withdrawal of $800 they suspended my account saying that my paypal account is under investigation.
I opened live account with Velocity Trade 5 months ago with $2000 I earned profit $800 during these 3 months. On 2nd Juli 2019 I put in my request to withdraw $1000 using wire transfer, but they I cancelled my withdraw request. When I contact with their support they told me to split my withdrawal amount. On 7 October I put a withdraw request of $900 until today the withdrawal is still at pending stage. I have contacted their support, and they ask me to wait, no timing given as to wait until. I am still trying to be patient and waiting for their help. I will update the result later till its resolve.
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