VideForex Review Does The Forex & CFD Broker Offer A Good Platform

They usually expire after 45 minutes or an hour, depending on the time limit given to you. Make sure to read VideForex’s terms and conditions before you use their promo code. At the bottom of your trading platform, 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. To jumpstart your career as a trader, you have to choose the right broker that has everything you need to know.

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. Each market has its own characteristics, advantages, and disadvantages, and requires different strategies and skills to trade successfully. 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.

• VideForex makes sure to process the withdrawal request instantly, and clients will get their funds within one hour.
• Traders should select GBP as the base currency when creating an account.
• VideForex is a new brokerage company that offers Forex and CFDs alongside binary options and other products.

This allows more control in handling your trades and could lead to more gains and fewer losses. Clients can also take screenshots of their charts by navigating towards the top left portion of VideForex’s platform and accessing Charting Tools. A new link will pop up, and clients should click on the Take a Snapshot button on the top right portion of their screen, or they could simply enter the hotkey for it, which is Alt + S. Further chart customizations can also be made for its style, scales, background, and timezone to fit your preferences. Options traders will also be glad to find out that they could switch to candlesticks charts which will be discussed below. There is no maintenance or registration charge when you sign up for an account.

Withdrawal Processing & Wait Time

Although adding funds through Bitcoin, Altcoin, and Ethereum won’t require you to pay additional fees, Visa and MasterCard transfers have a 5% fee. With their copy trading feature, you will be able to see the top 10 traders of VideForex and their respective profit percentages in the past months. You can allocate a set amount of investment with any of the top traders and wait until you are satisfied with your gain. After setting your order type, you should set the corresponding expiry time and date of your option. Subsequently, you could turn on VideForex’s Fix Time mode to properly time your trades. In the next section, we will show you exactly how to trade options and CFDs on the Videforex platform.

Videforex vs Other Brokers

With a minimum deposit of $250, clients can access VideForex’s 24/7 live video chat support feature, a demo account, and VideForex’s copy trading tool. A 20% trading bonus is also granted to Bronze account holders. Navigating the financial markets can be both exhilarating and overwhelming, especially for those new to trading. Choosing the right broker is crucial to your success and overall trading experience.

We do not provide financial advice, offer or make solicitation of any investments. Trading and investing in financial instruments comes with a high degree of risk and you can lose money. You should only engage in any such activity only if you are fully aware of the relevant risks. License and regulation is the most important section of this VideForex review. That’s why it’s the first thing to look for before considering the trade with any forex broker best investment opportunities house.

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Recently, this platform has also started accepting payments through digital currencies. Videforex has an easy-to-understand interface, which is ameritrade forex broker suitable for novice traders. This trading broker has a simple interface, including all the elements that traders require for properly trading binary options and CFDs. In addition to a functional video chat feature, the broker also offers customer service via phone.

Videforex has emerged as a reliable platform, offering a comprehensive suite of trading tools and features designed to cater to traders of all levels. The platform offers a user-friendly and intuitive interface that allows clients to stay connected with the global market and not miss out on any trading opportunities. The platform features regular CFD and options trading, direct deposit and withdrawal via the app, and a 60-second trading option. Additionally, clients have access to their account and portfolio information through the platform.

Small trade size

Here, select your preferred payment method and follow the on-screen instructions. Processing times may vary depending on the method and network involved. You have to reach 300% turnover from the amount of money deposited. VideForex lacks any of these protections, so it means you take risks when trading with this broker.

There is no guarantee that the broker will honor its obligations, process withdrawals, or safeguard client funds. There is also no recourse or legal protection for traders in case of any disputes or problems with an offshore broker. Furthermore, there is no way to verify the legitimacy, credibility, or reputation of the broker. Although their trading platform is inadequate, their customer service is very original and competent. There’re several trading instruments present where the investors can choose which one is suitable for them. In this section of the VideForex review, we’ll discuss the account types and the differences between them.

VideForex Review

It is one of the very few brokers that provide 24/5 live video chat. Apart from this, you can also request a callback or contact customer support via mobile phone. Regarding payment methods, Videforex does not charge extra fees in the case of digital currency deposits, but there is a 5% transfer fee for Visa and MasterCard payments.

The company is licensed in the Marshall Islands, known for offshore trading and the absence of regulation. Traders who deposit funds with a broker with no regulation do so at their own risk. In the UK, financial service providers must be regulated with the Financial Conduct Authority (FCA). Client fund segregation, negative balance protection and compensation services are not guaranteed.

• The Videforex platform is also weaker than the industry standard.
• Our experts also factor in their hands-on testing experience into broker ratings.
• The brokerage may not be licensed or regulated, but they have thus far proven to be a reliable and competent online trading broker.

No, Videforex is not regulated by any authority, and is located in the Marshall Islands, a popular destination for offshore brokers due to weak simple money: a no-nonsense guide to personal finance regulatory supervision. Brokers in this location do not have to adhere to any financial regulation so we recommend caution before making a deposit. Investing.co.uk has been helping British traders find the right broker for over 20 years. Videforex assures 3D-secure and VISA-secure code payment authentication for all deposits. To open an account, UK clients must complete the online registration form. This involves providing identity documents and proof of residence.

UK clients can utilise the below deposit methods, with instant processing and no deposit fees. While Videforex is new to the market, it offers its clients a huge range of trading assets. It shows that the company is trying its best to offer the traders the most premium facilities. So, if you want to enter the binary market through a broker offering standout financial assets options, choose Videforex. Additionally, the binary options trading platform has some mouth-watering bonus packages.

You can access the platform as it is not regulated by authority, and it is quite risky to use it. When traders come across the words “demo account,” they expect it to be free. You need to make a deposit before you can even test out their platform.