Velocity Trade · FX specialists
Velocity Trade review
Velocity Trade is a global financial services firm, founded in 2007 and headquartered in Toronto, providing institutions and corporations with FX liquidity, execution and settlement services. Its deliverable FX desk supports spot, forwards, swaps, non-deliverable forwards and both vanilla and exotic options, with 24/6 follow-the-sun dealing access.
Who Velocity Trade is best for
Corporations executing large FX transactions or hedging programs, funds, family offices and regional banks needing multi-bank liquidity and payment providers and broker-dealers wanting API-connected FX execution.
Small businesses wanting a self-serve online account and companies that need published, upfront FX margins.
Velocity Trade is a global financial services firm, founded in 2007 and headquartered in Toronto, providing institutions and corporations with FX liquidity, execution and settlement services. Its deliverable FX desk supports spot, forwards, swaps, non-deliverable forwards and both vanilla and exotic options, with 24/6 follow-the-sun dealing access.
Pricing comes through direct relationships with Tier 1 global banks and multi-bank wholesale liquidity, and clients can trade through established FX venues, platforms or direct API connectivity. The firm also offers tailored market research, comprehensive reporting and a position and cash management portal. It is built for funds, family offices, regional banks, broker-dealers, payment providers and corporations rather than small businesses wanting a self-serve online account.
What could a currency move cost you?
October 28, 2026 · Bank of Canada
Today this payment costs about C$350,900
A forward contract could lock today’s rate for this payment, due in 3 months, so the cost can’t rise.
Scenarios show what a move of that size would cost; they are not a forecast. Forward rates include the provider’s pricing and an interest-rate adjustment.
Ways Velocity Trade protects your rates
Forward contracts
Lock today’s rate for a payment due later, so a known cost can’t rise.
Options
Set a worst-case rate while keeping the upside if the rate moves in your favour, for an upfront premium.
Fees, features and eligibility
| Hedging tools | Spot, forwards, swaps, NDFs and options |
|---|---|
| FX margin | Wholesale pricing via multi-bank liquidity |
| Fees | Bespoke pricing; flexible margin terms |
| Transfer speed | Institutional execution and settlement |
| Provider type | FX specialist |
| Currencies | Major, minor and exotic currencies |
| Who can use it | Institutions and corporations |
Source: Velocity Trade published product information.
What stands out
Pros
- Full FX suite: spot, forwards, swaps, NDFs and options
- Bespoke hedging strategies from a specialist FX desk
- 24/6 dealing access with follow-the-sun order book
- Multi-bank wholesale liquidity and API connectivity
Cons
- Aimed at institutions and larger corporates, not small businesses
- No self-serve online account or published pricing
Velocity Trade: common questions
What is Velocity Trade’s deliverable FX service?
Velocity Trade provides institutions and corporations with FX liquidity, execution and settlement. Its desk supports spot, forwards, swaps, non-deliverable forwards and vanilla and exotic options, with 24/6 dealing access.
Who does Velocity Trade work with?
Its clients include mutual funds, hedge funds, private equity and debt funds, family offices, regional banks, securities broker-dealers, money services businesses, payment service providers and corporations.
How is Velocity Trade priced?
Pricing is bespoke, based on access to multi-bank wholesale liquidity with flexible margin terms. There is no published rate card, so compare your quoted rate against the mid-market rate.
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