Videforex Review 2024 A Look at Videforex’s Unique Platform

Videforex offers services in multiple countries and supports different payment methods. It is done so traders can quickly initiate a trade from any part of the world. Recently, this platform has also started accepting payments through digital currencies. If you are new to binary options trading and want a quality experience, the Bronze account is for you.

Important financial tools can be located on the top left of your trading platform, and account tabs will be on the top right. Immediately below this, you will be able to see recent profitable trades that have been made by other clients of VideForex. To receive demo account access you need to fund your trading account and contact customer support to get demo account credentials.

  1. However, Videforex has no mention of complying with any Indian regulators on its website.
  2. VIDEFOREX does not provide any educational resources, except a two-video embedded video on the site.
  3. They also tout a trading volume of over $59 million as well as a total of $ in trader pay-outs.
  4. One can easily get round-the-clock multi-lingual support without any delay.
  5. Want to find the ideal broker that caters to all your needs?

Their platform is web-based and can be accessed by using any kind of browsers, such as Mozilla Firefox, Google Chrome, or Microsoft Edge. Since its inception, VideForex has gained over 5,000 clients from around the globe. They also boast of a trading volume of over $4 million and a total of more than $450,000 payouts to traders.

Fees Explained

For more choices, we recommend you to check out our trading broker reviews. Videforex is an online broker that offers forex and binary options trading on a variety of assets, such as currencies, stocks, indices, commodities, and cryptocurrencies. The broker was launched in 2017 and is operated by Vide Projects Ltd, a company registered in Seychelles. 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.

So, if you are serious about trading, you must choose this account by paying a minimum initial deposit of $3000. VideForex’s demo account entitles all registered clients full access to its features and services. Here, clients can practice various trading strategies that they can use for binary options trading or for CFD and forex trading. There are three account types that clients can choose from, Bronze, Silver, and Gold. Each of these accounts has its own perks and minimum deposits. Additionally, trading bonuses are granted to account holders.

Avoid, Money Stolen.

All support methods are very quick to respond and are very friendly, helpful and informative with their responses. Additional methods of support include the websites extensive FAQ page and contact via VideForex’s social media channels. Compared to so many other brokers online, Videforex is quite high-priced for all of its online trading accounts. This provides access to the Bronze account features, which include a bonus of 20%, a Copy Trading tool, and a demo account. On the in-house trading platform, traders can choose from more than 100 instruments, ranging from forex trading to binary options. Other assets include commodities, stocks, and cryptocurrencies.

Regulations and Trust ability Review of VIDEFOREX Broker

Our UK team takes a methodical approach to reviewing online brokers. Our experts also factor in their hands-on testing experience into broker ratings. Our review of Videforex was disappointed to see limited additional resources for traders.

VideForex offers three types of trading accounts namely Bronze, Silver, and Gold. The minimum deposit for the Bronze account is $250 while that of Silver and Gold is $1000 and $3000 respectively. The more accessible deposit / withdrawal methods are credit cards, cryptocurrency, and Perfect Money. As for speed, depositing is instant for all methods except Perfect Money, which takes 1 hour.

The broker does not charge an account funding fee, however, third-party fees may apply. 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. Videforex has tempting weekly contests, promo codes, a bespoke trading platform, plus live video support.

Alternatively, binary options allow you to speculate on rising and falling prices with a fixed stake and payout. Forex trading, which stands for foreign exchange trading, is the activity of buying and selling different currencies around the world. It’s the biggest money market globally, where people try to make money by taking advantage of the changes in currency values. You will be given access to a VIDEFOREX demo account once you have made a deposit. The demo account may only be used when a $250 deposit has been made.

Our Videforex broker review will cover their UK account registration and login process, spread offering and minimum deposit requirements. Plus, we dive into their platform and mobile app to review their key features. VideForex customers can trade on various assets including binary options, stocks, CFDs, forex, and cryptocurrencies. As we will see later in this review, they do not provide industry standard tools such as the MT4. However, this is not to mean that their alternatives are not good.

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. You can also trade major indices like the Dow Jones 30, S&P regresion y clasificacion 500, and FTSE 100 (CFDs only). Additionally, the binary options trading platform has some mouth-watering bonus packages. Traders are offered bonuses of up to 100% of their initial deposit. Overall, there are many questions in regards to the trust of the Videforex company services and the manner they do operate the online trading itself.

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. Clients can withdraw their profit via the methods mentioned above. VideForex makes sure to process the withdrawal request instantly, and clients will get their funds within one hour. Although, as previously mentioned, there might be a slight delay if you decide to withdraw during the weekend or public holidays.

The unique features offered may offset the risk of limited regulatory oversight. Videforex assures 3D-secure and VISA-secure code payment authentication for all deposits. Accounts without a bonus must achieve a 100% turnover on the initial deposited amount before a withdrawal is permitted. Accounts with a bonus are subject to a 300% turnover cap before a withdrawal is allowed. Videforex was established in 2016 and is operated by INVOLVA CORP, located in the Marshall Islands.

While it does not have stylish and modern tools, we were impressed by its uniqueness as well as its ability to support multiple functionalities. VideForex is a new brokerage company that offers Forex and CFDs alongside binary options and other products. The Scotland-based broker was launched in 2017 and is a subsidiary of the Financial Group Corp (FGC). While FGC owns the rights to the VideForex brand, the broker operates as a separate legal entity. If you lose more money than your initial deposit, your account could go negative and your broker may ask you to repay it. Before using leverage you should fully understand the risks involved, and what you could end up losing.

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.