Velocity Trade Review – Is VelocityTrade Scam or a Proper Crypto Broker? (velocitytrade.com)

Velocity Trade Review

Velocity Trade is a global online broker firm that was founded back in 2007. It has professional headquarters located in Sydney, Montreal, Toronto, Cape Town, Auckland and London. Every headquarter is headed and looked after by the members who founded it and invested in it.

Is Velocity Trade a Scam?

No, Velocity Trade is a reputable firm that provides effective trading services under the supervision of high-ranking regulatory bodies. Velocity Trade is looked after by multiple entities and it has acquired licenses from globally known authorities.

Different regulatory bodies look after the company operating around the globe. These regulatory authorities include Financial Service Board (FSB), Financial Conduct Authority (FCA), Australian Security and Investment Commission (ASIC) and Investment Industry Regulatory Organization of Canada (IIROC).

Velocity traders provide a feasible trading environment to its customers making it a trustworthy broker. Some of the defining features of the broker are mentioned below.

• Security Regulations

Velocity Trade follows a strict set of rules and guidelines due to multiple authorities operating as a watchdog over it. The credentials of the customers are kept safe and not shared with anybody or any organization as according to the company’s privacy regulations.

• Trading Platforms

The trading platforms provide an opportunity to the customers to trade globally with just a single click on their devices.

Velocity Trade provides this opportunity through MetaTrader4 (MT4) platform. It is the most commonly used, updated, reliable and easy to use platform. It is preferred by the traders all around the globe due to its feasibility.

MT4 offers its services in multiple languages for all sort of people globally but Velocity Trader only offers services in French and English. MT4 can be accessed through the mobile phones both android and iOS, desktop web and tablets anytime and anywhere.

• Trading Conditions

To trade with Velocity Trade, one has to send a request application to open a bank account. The company then contacts you after going through the credentials and details and confirms the request. Only those enterprises can become the client of the broker who are ready to enlarge their businesses and make more money through brokerage services. The clients are also provided with the advanced market tools and access to all markets.

• Funding Methods

The payment can be transferred through multiple methods while trading with Velocity Trade. It depends upon the residence of the customer and the asset traded. Funds can be transferred through credit card, debit card or Neteller.

• Awards and Recognition

Winning multiple awards adds to the better profile of the broker and enhances its trade portfolio. Despite being a globally known reputable broker, Velocity Trade has not won any award in the financial domain.

• Educational Training

Before trading with any broker firm, one should be trained in order to trade analytically and logically and draw out the maximum profit out of the investment. One should have all the trading skills and required information to trade effectively.

Velocity Traders itself does not provide any educational material and resources to its customers so that they can learn the skills and acquire trading knowledge. No guidelines, training videos, tutorials, academies or glossaries are available at the website to help the customers. However, the customers should learn these techniques by their own by exploring different information resources.

• Research

The best way to extract the maximum profit out of the investments, one should have a better understanding of the trading tools and trading resources. Successful trading is highly dependent on these two factors.

Any research instruments or resources are not present at Velocity Trade platform. It does not offer its customers any analytical tools such as economic calendar, market watch or market tools. However, these tools can be accessed by the customers through MT4 platform.

Conclusion

Velocity Trade is a reliable platform that has a strong background and is authorized by globally trusted organizations. It provides a suitable environment to its users equipped with all advanced techniques and tools that could assist them in earning maximum profit.

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