66-84% of retail investor accounts lose money when trading CFDs with the providers presented on this site. The information and videos are not investment recommendations and serve to clarify the market mechanisms. The texts on this page are not are not investment recommendations. The great thing about VideForex is they have a wide range of assets to choose from. This gives their clients maximum exposure to the different types of asset classes on the market.
- VideForex is an offshore FX broker that has been in operation since 2017.
- The same video seems to be played along with each live chat and to be quite honest, we found it to be quite comical.
- A deposit request via credit, debit card or via e-wallet will be processed within 3 hours.
- Also, this broker can be operated on different devices, which further adds convenience and limits the hassle.
- Traders can use these tools to perform the required technical analysis for making accurate trading speculations.
- Yes, but you need to make a deposit first and contact customer support to get your demo account credentials.
However, the lack of assets to trade, regulation and platforms could be red flags for some. Videforex is one of those brokers that does not have any form of regulation. The broker is operated by Vide Projects Ltd, a company registered in Seychelles, an offshore jurisdiction that does not regulate forex or binary options trading. This means that Videforex is not subject to any audits, inspections, or compliance checks by any authority. It also means that the broker can set its own terms and conditions, fees, and policies without any transparency or disclosure.
Videforex pros (benefits):
Plus, you have access to cryptocurrency pairings and fixed return options. As an added service, VideForex hosts trading contests every week. There is no registration fee, and as soon as you sign up and make your first trade, you will automatically be a part https://www.forex-world.net/ of the contest. The top four traders get $20,000, while the rest get trading bonuses or gadgets. VideForex has a live chat trading feature that is open to all their clients. Here, you’ll have the freedom to speak to any of the online representatives.
They support multiple languages to make sure that all their clients will be able to get the support they need. Upon creating an account, VideForex will welcome you with a promo code that you can use to get three to five risk-free trades. However, not all promo codes entitle clients to the same bonus. They usually expire after 45 minutes or an hour, depending on the time limit given to you.
Clients can deposit and withdraw in 60 seconds, manage portfolios in a few clicks and view live charts of all available assets. The platform also provides instant order executions, detailed trading history and built-in live video chat support. In addition, the browser-based solution comes with a selection of technical indicators and an intuitive market insights tool. Like other trading platforms, Videforex also offers different trading account types to its users. Each trading account has a different minimum deposit amount and features. The last account type, i.e., the Gold account, is for professional traders who want to build a significant career in binary options trading.
Below is a list of countries where Videforex offers its services. For example, if the fees of un-leveraged assets are between 1-2.5%, the fees for leveraged assets could be 5%. This comprehensive approach allows us to recommend the best brokers for different experience levels, trading styles and budgets.
On the other hand, clients may choose to execute Long Term positions that expire within the next month. In the next section, we will show you exactly how to trade options and CFDs on the Videforex platform. For CFD’s and forex, clients will also immediately have access to VideForex’s charting software that is fully customizable. Their charts are powered by TradingView, the leading application for all your charting needs. Unfortunately, Videforex is not currently regulated by any reputable legal and financial bodies like the FCA. A few negative reviews have also been reported as well as some customers referencing withdrawal issues.
VideForex Review
Make sure to read VideForex’s terms and conditions before you use their promo code. A trading bonus of 20 %, 50%, or 100% will be granted to users depending on their account type. The exact amount of the bonus depends on your initial deposit. At the bottom of your trading platform, https://www.dowjonesanalysis.com/ there is a table that would feature open, closed, or pending positions that have been executed by the system. All details listed here are vital for backtesting, portfolio management, and trade review. Subsequently, users can also view which trades have been profitable to them.
No traders from the United States are unable to open an account and trade with Videforex. Despite this, Videforex is a legitimate broker and not a scam. The unique features offered may offset the risk of limited regulatory oversight. If you have correctly filled in all the information, you will get access to your trading account. Your account needs to be funded through the accepted payment method.
As such, we highly recommend using a demo account if you are considering trading with this FX brokerage. VideForex is an offshore FX broker that has been in operation since 2017. Based in Seychelles, this broker operates as part of the Vanuatu-based Finance Group Corporation.
Deposit and minimum deposit on Videforex
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However, they do not provide services to traders from the US and parts of Europe and Asia. VideForex does however offer their services in multiple languages including English, Russian, Spanish, French, Dutch, and Thai languages. Videforex offers a variety of markets for its clients to trade on, including forex, CFDs, and options. These markets allow clients to speculate on the price movements of different assets, such as currencies, stocks, indices, commodities, and cryptocurrencies.
A useful extra feature is social trading, also known as copy trading. This allows you to learn from experienced and successful traders, enabling you to copy the trades of high-earning investors. We also https://www.investorynews.com/ use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here.
The broker provides a user-friendly and innovative trading platform that features live video chat support 24/7. The platform is available in web, Android, and iPhone versions. Videforex also offers various tools, education, and account types to suit different trading styles and preferences. The broker claims to provide fast and secure funding and withdrawal methods, as well as guaranteed withdrawal processing within one hour. However, Videforex is not regulated by any reputable authority, which raises some concerns about its credibility and safety. Therefore, it is important to weigh the pros and cons of trading with Videforex before making a decision.
Videforex offers an integrated copy trading service where users can automatically or manually replicate the positions of other traders. Simply choose a trader and asset class and specify the investment amount. Videforex continues to offer binary options with 20% payouts on crypto and up to 98% on less volatile assets, beating many competitors. A wide range of contract lengths are also supported from 5 seconds up to 1 month. Depositing funds are usually instant so to ensures that VideForex clients can start trading right away. As previously mentioned, the minimum deposit depends on which account type you want to open.