Velocity trade brokerage account
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Foreign exchange services where these are connected to the provision of investment services. Investment research and financial analysis or other forms of general recommendation relating to transactions in financial instruments. Services related to underwriting. Investment services and activities as well as ancillary services of the type included under Section A or B of Annex 1 related to the underlying of the derivatives included under Section C - 5, 6, 7 and 10 - where these are connected to the provision of investment or ancillary services.
Section C Financial Instruments Transferable securities. Units in collective investment undertakings. This is the safest model for clients. We make sure we have plenty of our own capital as surplus liquid funds at all times and have strict internal and external controls in place to make sure that these are monitored.
In order to further minimise any risk to you we apply an auto-close system within our trading platform in order to minimise the risk of client default. We want you to succeed at trading and will not cut winning positions to increase our profit or execute stops and limits at prices away from the market. With the DMA model every position will be passed directly into the market when you make a trade and with our state of the art high-speed technology your orders will be processed in milliseconds — ensuring you get the best price even on limit and stop orders.
Velocity Trade does not run their own trading book or have any market exposure, making it conflict-free and the most robust trading structure. They set the prices that are shown to you, which may not be the actual interbank or market prices. They can hold your position and take the opposing side to your trade so they can profit from any client losses.
DMA means we will never re-quote you on a price; you get the actual price published by the exchange or bank currently supplying the best price. Our trading platform does not allow us to place our own trades, so unlike most dealers; there is no benefit to us if you lose but rather we want you to be successful at trading. Our trading system is linked to the 10 largest banks in the world and to a number of exchanges which all compete to provide the best price at any one time.
This connection is what allows us to provide the best price to you. Spreads vary all the time but can become very narrow when we have a bid price from one bank and a nearly identical offer price from another. We select the best available prices and provide these to you when you place an order. Our system processes orders in milliseconds and has ultra-fast links to our liquidity providers. DMA gives our clients access to the best of class liquidity providers, which ensures competitive spreads and wholesale pricing, free from manipulation or interference.