Velocity Trade – Forex Broker review

Velocity Trade – Forex Broker review
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Company Velocity Trade Limited
Founded in 1999
Online since 2007
Offices in New Zealand
Payment options Check, Credit/debit cards, PayPal, Wire transfer
Demo platforms MetaTrader 4 (Limited with 30 days), Velocity Trade (Limited with 30 days)
Account currencies Australian dollar, Canadian dollar, Euro, Great Britain pound, Hong Kong dollar, New Zealand dollar, United States dollar
Regulated by ASIC, 329813
FCA (UK), 497263
Financial Dispute Resolution (NZ), FM0279
FINTRAC (Canada)
FMA (New Zealand)
Website available in English
Support available in Chinese, English
Support methods Email, Live chat, Office, Phone
Trading server time zone GMT
  • Trading by telephone

Account Types

Minimum account size $1,000
Minimum position size 0.01 lot
Spread type Fixed
Spread on EUR/USD, pips 2.5
Trading instruments
Forex 1:100
Gold & silver 1:100
CFD 1:200
Trading platforms MetaTrader 4
Velocity Trade
Digits after the dot in quotes 4
Number of currency pairs 30
  • Trailing stop
  • Pending orders
  • One-click trading
  • Mobile trading
  • Automated trading
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