Velocity Trade
Velocity Trade is a leading global broker-dealer combining capital markets execution with best of breed technology to deliver bespoke solutions to a global institution...
Tags:Forex BrokerBasic Information
Full Company Name: Velocity Trade Limited
Country: United Kingdom
Founded: 2007
Minimum Deposit: $200
Trading Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5)
Minimum Trade Size: 0.01 lots
Business Model: ECN/STP
Deposit Methods: Credit cards, Debit cards, Bank wire transfers, E-wallets (Skrill, Neteller)
Server Time Zone: GMT+2 (Daylight Saving Time applicable)
Email: [email protected]
Phone: +44 203 519 4600
Headquarters Address: 5 Old Broad Street, London, EC2N 1DW, United Kingdom
Regulatory Information
- Financial Conduct Authority (FCA)
- License Number: 497263
- Regulatory Details: Velocity Trade Limited is regulated by the Financial Conduct Authority (FCA), ensuring its operations comply with UK financial regulations.
- Australian Securities and Investments Commission (ASIC)
- License Number: 329813
- Regulatory Details: Velocity Trade’s Australian entity is regulated by ASIC, ensuring its operations in the Australian market are legal and compliant.
- Financial Markets Authority (FMA) of New Zealand
- License Number: FSP20003
- Regulatory Details: Velocity Trade’s New Zealand entity is regulated by the FMA, ensuring its operations in New Zealand are legal and compliant.
Account Types
| Account Type | Standard Account | Pro Account | Institutional Account |
|---|---|---|---|
| Minimum Deposit | $200 | $5,000 | $50,000 |
| Spreads | From 1.0 pips | From 0.4 pips | From 0.0 pips |
| Commission | None | $2.50 per lot | Negotiable |
| Tradable Instruments | Forex, Commodities, Indices, Stocks | Forex, Commodities, Indices, Stocks | Forex, Commodities, Indices, Stocks |
| Trading Platforms | MT4, MT5 | MT4, MT5 | MT4, MT5 |
| Leverage | Up to 1:400 | Up to 1:400 | Up to 1:400 |
| Order Execution | Market Execution | Market Execution | Market Execution |
| Swap-Free Option | Available | Available | Available |
| Hedging Margin | 50% | 50% | 50% |
| Margin Call Level | 50% | 50% | 50% |
| Stop-Out Level | 20% | 20% | 20% |
| Minimum Trade Lot Size | 0.01 lots | 0.01 lots | 0.01 lots |
| Maximum Trade Lot Size | 50 lots | 50 lots | 50 lots |
| Maximum Number of Positions | No limit | No limit | No limit |
Relevant Navigation
PhillipCapital is a global financial institution with a presence in 15 countries. It offers a wide range of services including broking in securities, futures and foreign exchange, commodities, contract for difference, securities borrowing and lending, funds management, exchange traded funds, unit trusts, banking, insurance, private equity, research, corporate finance, property, factoring, leasing and commercial lending.
