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Old 12-02-2006, 12:37 AM
SteveBrown SteveBrown is offline
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Difficulty opening account at Velocity4x

I've been trying since early Monday morning, 11-27-06, to open a trading account at Velocity4x, so far without success. The company seems disorganized and unable to handle new account applications. First I filled out and submitted the online form, but got no response. Then I downloaded, filled out, and signed the contract, photo ID, W9, and disclosure forms, scanned them to jpg files, put them in a zip file and e-mailed them to sales@velocity4x.com. Still no response. Finally I got an e-mail from them, but it was a canned response inviting me to go online and open an account. This morning I faxed the application documents to them. Friday evening I called their 800 number, was put on hold, then a recording asked me to leave my name and phone number, so they can get back to me.

What was the experience of others opening an account at Velocity4x?
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