videforex review

However, the regulatory situation in the Seychelles is somewhat unclear, with some brokers being regulated there and others not. Forex broker offers the following underlying assets for Binary Options trading. This website is not intended for use in any jurisdiction where the trading or investments described are prohibited and should only be used by persons and in a manner permitted by law.

Forex brokers often lure new traders with offers of deposit bonuses. This can be useful, but it is essential to discern what the conditions are in order to benefit from the bonus. A Forex account is a trading account that traders hold with a specific broker with the purpose of trading financial instruments.

videforex review

Commission or brokerage charge is the fee you pay on the sale/purchase of an asset. Being a trusted platform, Videforex levies a convenient commission charge. This charge can be perceived as a trading fee that you pay to the broker for extending trading services through their platform. The spread is subject to vary depending on specific instruments, external market factors, and liquidity. The this broker trading app really shines when it comes to convenience and accessibility. Being able to access my entire account and portfolio on-the-go is a game-changer.

VideForex is a Seychelles-based Forex broker that is owned by Vide Projects Ltd., a standalone company that is operated by the Finance Group Corp. The platform is laced with essential charting and order features to help you monitor real-time price movements. The ultimate aim is to keep users updated with related data in a timely manner. A broker may offer good conditions to traders, but if it is not regulated, there is always risk involved. Therefore, we advise you to choose a regulated and secure broker.

If you are a beginner interested in binary options and want to start with small capital, Videforex may be an appealing choice. However, more experienced traders or those seeking greater regulatory security might prefer other platforms that offer better protection and more advanced trading tools. As with any trading platform, it’s essential to weigh the pros and cons and ensure that the platform meets your individual needs before investing.

And if you have access to more advanced features and tools, your chances of success increase. Once the registration is complete, you will get a confirmation message on your mobile phone. In addition, to guarantee, traders require login details to track their performances. Here, we’ve compiled a list of the top Forex brokers that accept local traders. The homepage features a banner that claims that the broker is regulated, although no mention of regulation can be found on the website.

videforex review

VideForex Broker Details

  1. It provides a proprietary platform and copy-trading opportunities for beginners and veteran traders alike.
  2. Thus, all payments and transactions are entirely secure on Videforex.
  3. The Investing Brokers team have over 15 years of experience in the online brokerage industry and are committed to providing reliable information for all of the brokers that we review.
  4. I like that the potential returns at Videforex are higher than binary platforms I’ve tried in the past.
  5. Their support team is knowledgeable, polite, and professional in our interactions.

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 https://traderoom.info/videforex-a-reliable-broker/ respected authorities, such as the FCA in the UK, ASIC in Australia, CySEC in Cyprus, or NFA in the US. Please see a list of regulated brokers for some alternative options.

Insufficient comprehensive trading tools

Videforex processes all withdrawal requests within 1 hour.However verification may take longer time, if client didn’t submit all requested documents in time. Videforex is not regulated by any financial authorities, which in our opinion is always a red flag when choosing a reliable broker. As always, there are terms and conditions surrounding bonuses, so please be sure to read through those completely prior to accepting a deposit bonus on your account. So, people interested in trading with a broker without a regulated license should be careful. It’s crucial to research the broker and their reputation thoroughly, and understand the risks before deciding to trade. Tradingcritique.com is the ultimate guide to help you navigate through the best broker in the market.

Videforex is one of those brilliant trading brokers that allows you to place trades for just $1. Topics include account features, trading help and registration. 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.

For the most accurate and up-to-date information on available payment methods and their specific terms, please refer to the official Videforex website or contact their customer support. Videforex provides a wide range of convenient and secure payment methods. Some of the popular options are Crypto, Credit/debit cards, Dash, Ethereum, Litecoin, Perfect Money. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources.

Does Videforex Have An Inactivity Fee?

  1. VideForex is a Seychelles-based Forex broker that is owned by Vide Projects Ltd., a standalone company that is operated by the Finance Group Corp.
  2. All transactions are counted for a trading contest, regardless of the outcome, and the minimum trade amount should be $10.
  3. It provides a quick view of all elements needed for smooth and seamless navigation.
  4. Besides lots of currency pairs, Videforex also offers some instruments you would like to trade on, such as Forex, CFD, Binary options and Crypto for your best choice.

You may also send them your question or concern by filling up the form found on the “Contacts” page. It’ll ask for basic information like your full name, email address, and phone number. A customer representative will get in touch with you via email once they have processed your form. Simply share your link with a friend, and you can get 20% of the amount that they deposit. VideForex’s registration form will ask for your full name, phone number, email address, password, and preferred currency.

The bonus usually only starts giving some expenses back to the trader once the person has proved himself as an active trader. Where withdrawal fees are concerned, Videforex charges a 5% transfer fee when Credit/Debit cards are used. When evaluating brokers, the ease with which deposits and withdrawals can be made is another imperative factor to consider. Brokers often cap bonuses above a certain level and there are strict terms and conditions involved with these bonuses.

You get fed up from sites that claim to offer fast withdrawals and really they take forever to process it. The round the clock support also came in handy when I had some last minute questions concerning the transaction. They were very quick to reply back through the live video chat where they explained everything to me from start to finish. Even though Seychelles has their own regulatory authority who governs the financial services businesses based here, VideForex remains unregulated by them.

Still, the proprietary software meets all my research, analysis, and execution needs at zero cost. Our UK team takes a methodical approach to reviewing online brokers. Our experts also factor in their hands-on testing experience into broker ratings. The Bronze account requires the lowest deposit of $250 or equivalent currency.

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