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Webinar: Velocity Futures New Accounts
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Webinar: Velocity Futures New Accounts

  #11 (permalink)
Elite Member
Bedford, UK
 
Futures Experience: Beginner
Platform: SierraChart/TT Feed
Favorite Futures: NQ
 
keymoo's Avatar
 
Posts: 129 since Mar 2012
Thanks: 212 given, 204 received

I've been searching for a decent broker for a long time and these people just might be right for me. I've just opened an account with them off the back of this, so will see. I like SierraChart, so combine that with the TT feed and good commissions, nice portal and good customer service, and I should be a happy customer.

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  #12 (permalink)
Trading for Fun
london
 
Futures Experience: None
Platform: various
Favorite Futures: Glockenspiel
 
Posts: 166 since Jan 2012
Thanks: 43 given, 157 received

I'd like to point out to people that I used to be a Velocity customer for well over a year. I suggest you stay well away.

The staff I found to be quite rude. One (an Asian woman) would regularly talk over you and refuse to listen to issues at hand.

Senior management lied on occasion too.

Position reporting was wrong on several occasions - more than twice in one day!

Do a search on the NFA website and see for your self how often they have been fined for bad practice.

I used TT with them and it is clear (TT v DTN IQ Feed) they are throttling prices. Ive used TT with other FCM's and found it to keep up or surpass (just) IQ fine - so it wasnt TT, but Velocity's implementation.

These folk are cowboys. There are also way cheaper places too.


Last edited by TheDude; September 2nd, 2012 at 04:38 PM.
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