Velocity Trade Account Types

　　Velocity Trade offers a limited range of account types primarily focused on institutional clients. The main account type available is the Standard Account, which does not have specific conditions listed on their website. The broker does not provide a demo account or Islamic (swap-free) accounts. Here are the key features of the Standard Account:

• Minimum Deposit: USD 1
• Maximum Leverage: 1:500
• Commission: Typically $0 for trades
• Trading Platform: MetaTrader 4
• Tradable Assets: Forex, equities, commodities, options, and metals
• Account Activation Time: 24 hours

　　Velocity Trade also offers managed accounts and institutional accounts, although specific details on these types are not extensively provided on their website.

Velocity Trade Broker Account Opening Process

　　To open an account with Velocity Trade, follow these steps:

• Visit the Official Website: Navigate to the Velocity Trade website.
• Choose Account Type: Select the option to open a Standard Account.
• Fill Out Application: Provide personal information, including contact details and trading background.
• Submit Required Documents: Upload necessary identification and proof of address as per the requirements.
• Account Verification: Wait for the broker to verify your application, which may take up to 24 hours.
• Receive Login Credentials: Once approved, you will receive your login information to access your trading account.
• Deposit Funds: Fund your account using available methods such as bank wire transfer or credit/debit cards.

　　For more details, you can visit the following sources:

• ForexSuggest
• BrokerXplorer
• Top10StockBroker
• CashbackForex