During this review, we have tried to chat with the support about various topics related to trading and technical support. The representatives were able to handle simple questions without any trouble. We happily noticed that there was nothing sexual involved in the conversation despite the nature and the view of the stream video. With that being said, you have to agree that attractive women chatting up new clients doesn’t seem serious enough.

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. The only disadvantage I have experienced is the absence of MetaTrader 4 and 5 platforms’ presence.

There is no indication that Videforex offers the option for a demo account. The Homepage features a Live chat which offers the option for a group or a private chat but when selecting the option, it merely redirects to the option to open an account. Margin is the amount required at the start of every trade which is collateral for any credit risks which may arise while trading.

Company information

This app is completely free, and you can get it on the Google Play Store for Android and the Apple App Store for iPhone. If you’re a newbie to trading, finding the right broker who can guide you through the process is crucial. In this review by tradingcritique.com, we’ll delve into VIDEFOREX and provide an overview of the company, its features, and operations to help you get started as a trader.

We’ve got you covered with an all-inclusive review of the best brokers out there. And if you’re looking to up your trading game, we’ve got just the thing for you! Rest assured, your quest for the ideal broker and trading advice concludes here.

It’s an excellent choice for traders from all around the world. This trading broker is considered the best for beginners, but professional traders also like using this broker. Unlike other brokers that deduct monthly software fees from earnings, Videforex preserves all profits.

To open an account, UK clients must complete the online registration form. This involves providing identity documents and proof https://traderoom.info/videforex-a-reliable-broker/ of residence. Traders should select GBP as the base currency when creating an account. To initiate transactions, log in to your Videforex account and visit the “Cashier” section. Here, select your preferred payment method and follow the on-screen instructions. Processing times may vary depending on the method and network involved.

1. After paying the deposit amount, you can access your trading account with Videforex.
2. But it’s not regulated by any financial authorities, which we think is a warning sign when picking a reliable broker.
3. Trading Forex, CFD, Options, and other financial instruments carry a high risk of loss and are not suitable for all investors.
4. A demo account provides you with a risk-free environment to try your hands on trading strategies, broker’s offerings, and potential risks using virtual capital.
5. I especially appreciate the ability to customize the top panel with shortcuts to essential tools and information, which has streamlined my trading workflow.
6. Again, no additional details were provided about how or when to access this class.
7. This comprehensive approach allows us to recommend the best brokers for different experience levels, trading styles and budgets.

Videforex Demo Account

However, upon asking about their commissions and profit share, the representative didn’t respond anymore. There’s no additional information regarding the commissions or profit share found on the website. This is why traders should treat this broker as an unregulated platform and must be extra careful when trading with them. The better customer care service of Videforex distinguishes it from other trading brokers that do not have this effective service.

Review on Account Types of VIDEFOREX Broker

1. Additionally, there are other brokers with longer track records that might be worth considering as alternative options.
2. On the downside, the deposit required to unlock all the benefits of a Gold account is high.
3. I can dig into every past trade, with details on the asset, entry/exit prices, holding period, profit or loss, and more.
4. Not every online broker offers this, making Videforex a good fit for those with limited time or changing schedules.
5. They support multiple languages to make sure that all their clients will be able to get the support they need.
6. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

Next, you should decide whether you will trade options or CFDs and forex. To access the trading platform, clients simply need to log in to VideForex’s website using the email and password that they used upon signing up. Once you’ve logged in, you will notice that everything you need for trading will be on this web-based platform. With Videforex you can trade digital options and CFDs on one platform. According to the website and VideForex’s customer support representative, they do not charge any fees.

If you are new to binary options trading and want a quality experience, the Bronze account is for you. You need to deposit a minimum of $250 to access this account type. One standout feature is the swift withdrawal process, which enhances my trading experience by ensuring quick access to funds. The ability to review my trading history instantly is invaluable for informed decision-making.

Videforex review of the trading platform:

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 500, and FTSE 100 (CFDs only). Videforex offers 24/7 trading on popular markets, including forex, commodities, and cryptocurrencies. The broker also offers guaranteed withdrawals in less than an hour and live video support to assist users. By opening an account at VideForex, traders can choose anywhere between 20% and 100% deposit bonus, on top of the regular trading contest that assures of weekly prize money of $20,000.

Gold accounts are also given access to the same features as Silver accounts. The only difference is Gold clients will be given a personal success manager and a 100% bonus instead. Like some other trading brokers, Videforex also offers its clients leverage trading. Under the leverage trading process, the traders can borrow capital from the broker to enhance their buying potential.

Videforex has quite an average offering compared to many other online brokers. The costs are quite high, unlike GKFX – which not only comes with lower spreads but has no minimum deposit while offering trading account options for all types of traders. Additionally, it also offers other asset classes, such as cryptocurrency. Videforex is designed to benefit both new and seasoned traders, with features such as a proprietary platform and copy trading opportunities. 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.