One of the best Brokers in the Industry

If you have experience trading with Videforex please share your personal review of the broker and what you think are strong and weak points. This average customer rating is based on 3 Videforex customer reviews submitted by our visitors. Compare the markets and instruments offered by Videforex and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Cryptocurrency is a digital currency, which functioning is based on blockchain techology. The most popular cryptocurrencies are Bitcoin, Ethereum, Litecoin, Dash, Ripple. You can fund your account by credit cards (VISA/MasterCard), Bank wire transfer, Bitcoin, Ethereum, Litecoin, Altcoins, Neteller, Skrill, Perfect Money. This depends on the payment method uses and can be anything from an instant withdrawal or it may take up to several days, as the case may be with bank transfers.

Not able to withdraw my money after six weeks of trying

VideForex rewards traders who are dedicated to their brand by allowing them to participate in weekly contests where prize funds of $20,000 are awarded every week. 20 skilled traders receive cash prizes, electronics, tickets, and more from the $20,000 prize fund every week. Other bonuses  include an initial deposit bonus that ranges from 20% up to 100% depending on the size of your initial deposit.

Deposit

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. The broker’s complete range of assets is available, from cryptos and stocks to binary options and forex. In addition, users can view their trading history, make deposits and withdrawals, and execute orders at the click of a button. Videforex offers binary options and leveraged CFDs on major, minor and exotic currency pairs, a dozen cryptos including Bitcoin, plus commodities like gold.

The promotion is only valid for ActivTrades Broker Review the month of October and ends October 31 at 23H59 GMT with the draw taking place on November 5 at 10H00 GMT. A margin requirement is the amount of capital that the trader has to put down at the start of the trade, or that they have to have available in their trading account, as collateral for the trade. This amount is often lowered substantially when leverage is applied.

Videforex is an online trading broker based in Seychelles which offers the trade in a variety of Options and CFD instruments to traders from around the world. For a brokerage that has been in operation for a while now, you’d expect the site to offer a lot more information. Obviously, lack of information doesn’t mean that there is a VideForex scam going on. Videforex offers retail clients trading opportunities via their proprietary web trader and mobile application platform. The company is licensed in the Marshall Islands, known for offshore trading and the absence of regulation.

This 2024 review of Videforex unpacks the broker’s accounts, fees, promo codes, and mobile app. Our beginner-friendly tutorial also explains how to place a trade on the Videforex platform. In my case, Videforex has given me more positive experiences than negative ones. The opportunity to receive the one-hour guaranteed withdrawal processing once the trade is closed is great – everyone loves it when he or she can receive money quickly. I also like the demo account option that provides you with the proper platform to practice and trade without using real money.

Whereas numerous brokers offer Bank Wire Transfer, Videforex does not support this payment method, which is one of the most secure and reliable methods. Videforex offers traders a variety of trading accounts that are tailored to the needs and objectives of traders. The policy that the broker has, is that the more is invested, the greater the benefits will be.

Videforex claims to provide a user-friendly and innovative trading platform, as well as various tools, education, and account types to suit different trading styles and preferences. However, as with any online broker, there are also some potential drawbacks and risks involved in trading with Videforex. Therefore, it is essential to conduct a thorough and objective review of the broker before deciding to open an account and invest your money. In this article, we will review Videforex and evaluate its regulation, platforms, tools, education, markets, accounts, and funding methods. We will also provide our verdict on whether Videforex is a scam or a legit broker to trade with.

Alternative Brokers

1. In most instances, such a statement is a red flag and may bring the legitimacy of the broker into question.
2. Videforex uses a 3D secure money transfer and SSL certified 256-bit funds processing.
3. In summary, Videforex offers a variety of account types to suit different trading styles and preferences.
4. Compare Videforex with the top 3 similar brokers that accept traders from your location.

We have over 20 years of experience when it comes to trading online so we know what to look for. I like that the potential returns at Videforex are higher than binary platforms I’ve tried in the past. But to get a decent welcome bonus you really need at least a Silver account which needs a $1000 deposit and more than I could afford. The platform itself is super easy to use, even for beginners like me.

Safety and Regulation

People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. The funds will be available for trading immediately, once we receive a confirmation from payment system. The homepage features a banner that claims that the broker is regulated, although no mention of regulation can be found on the website. There is a banner on the homepage which claims regulation, but there is no regulation indicated on the website. Forex trading, or currency or FX trading, involves the currency exchange market where individuals, companies, and financial institutions exchange currencies for one another at floating rates.

Bonuses are often offered as trading credit which can be used and of which profits can be withdrawn. Videforex follows standard office hours and 24-hour trading hours Monday-Friday. Trading hours vary by instrument and can be found directly on the trading platform, displayed in GMT. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey.

New clients are asked to submit an initial deposit in the amount of $250. We’re assuming that this will provide one with the lowest account tier, which is Bronze. We noted in this VideForex review that the firm mentions two other deposit amounts, $1,000 and $3,000, in relation to increased deposit bonuses. It very well could be that these two amounts are linked to the Silver and Gold accounts, respectively, but we were not able to confirm this. Most brokers have this requirement set in lots (or micro lots), so the answer was surprising, but not alarming.

Therefore, it is strongly advised to avoid trading with unregulated brokers like Videforex. Trading with such brokers exposes traders to a high level of uncertainty, insecurity, and potential fraud. Instead, traders should look for brokers that are regulated by well-known and respected authorities, such as the FCA in the UK, ASIC in Australia, CySEC in Cyprus, or NFA in the US.

Not every online https://forexanalytics.info/ broker offers this, making Videforex a good fit for those with limited time or changing schedules. It will take liquidity and external markets for the underlying financial instrument into account. Clients can also select the ‘Live Trades’ tab in the left-hand side of the platform to view the top traders for a particular asset. By clicking on the pages icon on the right, users can copy traders by simply specifying the size of the investment. Movements in the price of foreign exchange and commodities are very unpredictable, hence Videforex cannot guarantee a maximum loss that a trader may suffer.