Velocity Trades Company

Velocity Trades Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Velocity Trade was established in 2007, emerging as an independent global broker-dealer specializing in foreign exchange, equities, and commodities trading. The company has built a reputation for providing competitive execution and custody services to corporate and institutional clients globally.

Parent Company/Ownership Structure

Velocity Trade operates through its parent company, Velocity Trade Limited, which oversees various subsidiaries across different regions. This structure enables the firm to leverage local expertise while maintaining a consistent global service standard.

Headquarters Location

The company's headquarters is located in Auckland, New Zealand, specifically at PO Box 6045, Wellesley Street, Auckland 1141.

Global Business Scope

Velocity Trade has an extensive international presence, with offices in key financial markets including Australia, Canada, the United Kingdom, and several other countries. This global footprint allows the company to serve a diverse clientele effectively.

Main Regulatory Bodies

Velocity Trade is regulated by several prominent financial authorities, including:

• Australian Securities and Investments Commission (ASIC) - License #329813
• Financial Conduct Authority (FCA) in the UK - License #497263
• Investment Industry Regulatory Organization of Canada (IIROC)
• Financial Services Board (FSB) in South Africa

2. Company History and Development

Key Milestones

Since its inception, Velocity Trade has achieved several significant milestones, including:

• 2007: The establishment of Velocity Trade Limited.
• 2012: Introduction of Velocity Trade Capital, focusing on capital markets and advisory services.
• 2023: Acceptance as a full member of the London Bullion Market Association (LBMA), expanding its footprint in the precious metals market.

Business Expansion Journey

Velocity Trade has steadily expanded its services and geographical reach. Starting from New Zealand, it has grown to establish offices in major financial hubs, including Toronto, Montreal, London, Sydney, and Cape Town. This expansion has facilitated a broader service offering to its clients.

Customer Base Growth

Over the years, Velocity Trade has cultivated a diverse customer base that includes institutional investors, corporations, and high-net-worth individuals. The firm's commitment to transparency and competitive pricing has contributed to its growing reputation in the financial services sector.

Platform Development History

Velocity Trade has continually enhanced its trading platforms, providing clients with access to advanced trading tools. The primary trading platform utilized by the company is MetaTrader 4, alongside proprietary platforms like Terminal Velocity and Latitude GT.

Important Awards or Recognitions Received

Velocity Trade has received various accolades for its service excellence and innovative solutions, including recognition from industry bodies and participation in trading contests. Its acceptance into the LBMA is a notable achievement that underscores its credibility in the precious metals market.

3. Trading Services Offered

Forex Trading Options

Velocity Trade offers a comprehensive range of forex trading options, including a selection of major, minor, and exotic currency pairs. Clients can trade over 50 currency pairs with maximum leverage of up to 100:1, catering to both novice and experienced traders.

Stock Trading Options

The company provides access to global equity markets, allowing clients to trade stocks from various regions, including North America, Europe, and Asia. This service is particularly beneficial for institutional clients seeking diversified investment opportunities.

CFD Trading Products

Velocity Trade offers Contracts for Difference (CFDs) on a wide array of assets, including indices, commodities, and cryptocurrencies. This enables traders to speculate on price movements without owning the underlying asset.

Other Financial Instruments

In addition to forex and stock trading, Velocity Trade provides access to various financial instruments, including:

• Precious Metals: Trading in physical gold and silver.
• Commodities: Options to trade energy products and agricultural commodities.
• Cryptocurrencies: Although not a primary focus, some cryptocurrency trading options are available.

Special Services or Unique Advantages

Velocity Trade distinguishes itself with several unique advantages:

• Segregated Accounts: Client funds are held in segregated accounts, ensuring safety and security.
• Managed Accounts: Options for managed accounts, including MAM/PAMM services, cater to clients looking for professional management.
• One-Click Execution: The trading platforms provide one-click execution, enhancing trading efficiency.

4. Regulatory and Legal Background

Detailed Regulatory Information

Velocity Trade is authorized and regulated by multiple regulatory bodies, ensuring compliance with international standards:

• ASIC (Australia)
• FCA (United Kingdom)
• IIROC (Canada)
• FSB (South Africa)

Legal Entity Structure by Region

Velocity Trade operates through various legal entities based on the region, including:

• Velocity Trade Limited (New Zealand)
• Velocity Trade Capital Ltd. (Canada)
• Velocity Trade International Limited (UK)

Client Fund Protection Measures

The company employs robust client fund protection measures, including:

• Segregated Client Accounts: Client funds are kept separate from company funds.
• Regulatory Compliance: Adherence to strict regulatory requirements set by governing bodies.

Countries/Regions Served

Velocity Trade serves clients across multiple countries, including but not limited to:

• Australia
• Canada
• New Zealand
• United Kingdom
• South Africa
• Various European countries

Compliance History

Velocity Trade maintains a strong compliance history, regularly undergoing audits and reviews by regulatory bodies. Its commitment to transparency and ethical practices has fostered trust among its clients.

5. Competitive Landscape

3-5 Main Competitors

Velocity Trade operates in a competitive landscape, with several key players, including:

• IG Group: A leading online trading provider offering a wide range of financial instruments.
• OANDA: Known for its forex trading services and competitive spreads.
• Saxo Bank: A global investment bank providing online trading and investment services.

Positioning in the Industry

Velocity Trade positions itself as an independent broker-dealer, focusing on providing tailored solutions to institutional and corporate clients. Its commitment to transparency and competitive pricing sets it apart from many larger, publicly traded firms.

Market Differentiation Factors

The company differentiates itself through:

• Independent Status: Unlike many competitors, Velocity Trade operates independently, allowing for more flexible and client-centric services.
• Global Reach with Local Expertise: Its international offices enhance its ability to provide localized services while maintaining a global perspective.
• Diverse Service Offering: The broad range of trading options and financial instruments caters to diverse client needs.

Velocity Trade continues to evolve and adapt to the changing financial landscape, maintaining its commitment to providing high-quality trading services to its global clientele. For more information on Velocity Trade and its offerings, learn more.

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