The broker also offers promotions and bonuses, 24/7 video chat and several funding methods. On the downside, more advanced traders may find the single platform and the low number of assets available limiting. And critically, Videforex is unregulated and should be reviewed carefully before committing funds.
Trading Platforms
Opinions, market data, and recommendations are subject to change at any time. Some traders prefer to trade with less or no leverage at all. Fixed leverage is considered risky and inconvenient to some, if not all, traders. VideForex makes sure that all their clients have what they need. There are video tutorials on how to use the platform so their clients can easily execute trades and navigate their way through the broker’s system. VideForex has a live chat trading feature that is open to all their clients.
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 a day trader, you need to know that Videforex has sophisticated day trading. What’s better is that you can trade through different trading platforms.
The broker’s complete range of assets is available, from cryptos and stocks to binary options and forex. To evaluate brokers, we test the accounts, trading tools and services provided. Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. The broker offers live video chat support, which you can access directly from the homepage.
- You can enter this outline immediately from their homepage, and this should afford traders stability of mind.
- Traders pay the brokerage or commission charge for selling or purchasing an asset.
- The company’s protection service also enjoys the freedom to hold the fund transfer order for up to 10 banking days.
Benefits of Using IG Trading?
After paying the deposit amount, you can access your trading account with Videforex. However, the spread can vary depending on multiple factors, including liquidity, external market factors, or instruments. Videforex has a dedicated mobile app that traders can use to access trading services quickly. One impressive thing about using this trading broker is its wide outreach.
Steps to Transfer Money From Forex to Bank Account?
Immediately below this, you will be able to see recent profitable trades that have been made by other clients of VideForex. The lack of regulation poses a significant risk for traders who choose to trade with Videforex. 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.
- The amount of the bonus often depends on how much you deposit; the more you deposit, the more bonus you will get.
- Videforex offers trading on a growing range of over 40 currency pairs through leveraged CFDs with spreads from 0.1 pips.
- Beginners and those that are interested in passive investing may use this feature so that their capital will be put to good use.
- Nonetheless, VideForex does not offer extra educational resources such as trading signals and trending market news.
- They’ve added an AI Trade feature as well but gotta say I’m not confident enough yet to let a machine do ALL my analysis and trade entries/exits.
- Videforex offers Videoforex Web Platform to cater to the diverse needs of its clients.
Trading Hours Review of VIDEFOREX Broker
If you are using VideForex.com from India, Vietnam, Indonesia, or anywhere else, you can easily deposit and videforex minimum deposit withdraw money. The company behind the brokerage, Involva Corp, is registered in the Marshall Islands. XTB is authorised and regulated by the UK Financial Conduct Authority (FRN ), with its registered office at Level 9, One Canada Square, Canary Wharf, London, UK. The firm also claims to have invested in a high-tech system for data protection. However, there is no evidence of negative balance protection or other fund protection policies normally seen in brokerages registered with the CySEC or FCA.
Options traders will also be glad to find out that they could switch to candlesticks charts which will be discussed below. You can trade with either fiat currencies or cryptocurrencies. Spreads are fixed on 2 pips for EUR/USD for all types of accounts. Nonetheless, VideForex does not offer extra educational resources such as trading signals and trending market news. While there some brokers in the industry with higher fixed spreads, VideForex’s spreads are very high.
CFD and Forex Trading
Videforex has tempting weekly contests, promo codes, a bespoke trading platform, plus live video support. Videforex offers its own proprietary platform for trading binary options and CFDs. Traders can earn up to 98% payouts speculating on the price direction of 100+ assets. This 2025 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. Clients can deposit and withdraw in 60 seconds, manage portfolios in a few clicks and view live charts of all available assets.
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. Major flaw and a warning light is the fact that Videforex provides demo account only after you make a deposit! This is something we haven’t come across during broker reviews for quite a while. Most online brokers today provide unlimited practice account without any commitment from the client. A requirement for a deposit before a test drive is not a good sign.
Payment procedures on VideForex
Videforex is an accessible trading platform for those looking to dive into the world of binary options and CFD trading. The platform offers competitive features such as a low minimum deposit, user-friendly interface, and a variety of financial instruments. However, the lack of regulation and limited educational resources may be a concern for some traders.