Best VideForex Review 2022 Account types Spreads Regulation

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Best VideForex Review 2022 Account types Spreads Regulation

Additional methods of support include the websites extensive FAQ page and contact via VideForex’s social media channels. Our UK team takes a methodical approach to reviewing online brokers. Our experts also factor in their hands-on testing experience into broker ratings. A prominent feature of all FGC brokers is that they process all of their clients’ withdrawals within an hour of a withdrawal request.

Is this your company?

There is no maintenance or registration charge when you sign up for an account. However, if you do not make at least one trade a month, you will be charged $10. The platform charges a swap fee of 0.07% of the face value of the position to hold a position overnight. The company behind the brokerage, Involva Corp, is registered in the Marshall Islands. You may also send them your question or concern by filling up the form found on the “Contacts” page.

Exness Account Types

The broker is operated by Vide Projects Ltd, a company registered in Seychelles, an offshore jurisdiction that does not regulate forex or binary options trading. This means that Videforex is not subject to any audits, inspections, or compliance checks by any authority. It also means that the broker can set its own terms and conditions, fees, and policies without any transparency or disclosure.

Test of the Videforex trading platform: How good is it?

  1. Here again, we recommend reading the terms and conditions to fully understand the rules.
  2. Silver and Gold account holders are provided with access to a web session “Master Class” that presumably teaches how to trade Forex.
  3. Videforex stands out with its comprehensive and user-friendly mobile trading solution, offering short-term binaries across a wide range of assets.
  4. Other than that the platform provides Quick and Fast customer support which includes LIVE Chats with Their team representatives and as well as email support!

VideForex should offer more clarity for its traders, and we expect the company to update the information at the earliest. VIDEFOREX will welcome you with a discount code that will allow you to make 3 to 5 risk-free trades. Depending on the time restriction offered to you, they videforex review normally expire after 45 minutes or an hour. Depending on their account type, users will receive a 20%, 50%, or 100% trading bonus. The bonus amount is determined by the amount you deposit initially. VideForex is an offshore FX broker that has been in operation since 2017.

This effectively allows you to borrow money to strengthen your position. Importantly, it can significantly increase your profit potential. Trading on the platform is straightforward for both beginners and experienced investors. It has been engineered to retain usability while offering a variety of sophisticated tools and resources many day traders require. For example, in-depth investing tutorials can walk newbies through the platform. VideForex rewards traders who are dedicated to their brand by allowing them to participate in weekly contests where prize funds of $20,000 are awarded every week.

So only companies who can capable of proving their assets and trustworthiness can get this license. For instance, a broker has to prove that they have an account worth €730,000 excluding the accounts of the customers. One of the best features of Videforex is the weekly contests. There is no entry cost, and twenty winners are listed each week. Both beginners and experienced traders can compete, as all accounts automatically participate. Once you have made a deposit, you gain access to a Videforex demo account.

We also ensure all reviews are published without moderation. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. The website claims that they are regulated, but there is no evidence to back this claim. It’s best if you exercise caution when trading with this broker. Clients can also take screenshots of their charts by navigating towards the top left portion of VideForex’s platform and accessing Charting Tools.

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. Despite offering a lot of assets to choose from, VideForex goes the extra mile to let its clients copy trade their other successful clients. Beginners and those that are interested in passive investing may use this feature so that their capital will be put to good use. To trade CFDs or Forex, you need to select what you want to buy or sell from the list of asset classes and their respective list of assets. The assets you can trade here include currencies and CFDs for commodities, Cryptocurrencies and crypto pairs, Indices, and Stocks.

The confusing information provided on its website also points to the bewildering fact that the company has yet to make a complete switch to the FX/CFD market. VIDEFOREX is a forex, CFD, and options broker based in the United Kingdom. This broker’s platform is accessible from any device, allowing both beginner and experienced traders to use it at any time and from any location.

VIDEFOREX already has over 3,000 customers from all around the world. They also tout a trading volume of over $59 million as well as a total of $ in trader pay-outs. One of the reasons the broker applies that was because many spammers can invade VideForex. It’s been two weeks and I’m still waiting for a $500 pay out.

In conclusion, Videforex is an online broker that offers forex and binary options trading on a variety of markets, such as currencies, stocks, indices, commodities, and cryptocurrencies. The broker provides a user-friendly and innovative trading https://traderoom.info/ platform that features live video chat support 24/7. The platform is available in web, Android, and iPhone versions. Videforex also offers various tools, education, and account types to suit different trading styles and preferences.

Therefore, it is essential to conduct a thorough and objective review of the broker before deciding to open an account and invest your money. In this article, we will review Videforex and evaluate its regulation, platforms, tools, education, markets, accounts, and funding methods. We will also provide our verdict on whether Videforex is a scam or a legit broker to trade with. Videforex is an online broker that provides access to various markets through binary options and CFDs.