Although this broker is not licensed by the guaranteed regulating bodies, it provides a live video feed of the people that clients talk to on live chats and this is a huge plus for safety for potential clients. All three account types are availed of a 24-hour a day, 7 days a week customer live chat support. VideForex operates as a Forex and CFD brokerage under Vide Projects Ltd., a division of the Financial Group Corp., with its corporate office located in Seychelles.
The broker has no terms and conditions for giving out bonuses, and yet this is the first thing you should be familiarizing yourself with before you can ever accept a bonus from any broker. VideForex appears to be affiliated with many other fraudulent binary options websites out there. The list of financial instruments that can be traded with VideForex is endless. You can trade stocks for major companies like IBM, Nissan Motor, Tesco, Coca Cola just to name a few. In terms of commodities, you can trade silver, gold, platinum, crude oil, sugar, coffee etc. The company also employs its maximum to safely compile the personal data of the clients. Although it may not seem safe enough, the company uses the license of Finance Group Corp.
Videforex Demo Account
Based on the user experience, the following rating and reviews are provided. Be it Australian forex analytics or US traders, and this feature is widely available to a wide range of traders.
VideForex broker has exceptionally solid organization basics, which guarantees that merchants can rely upon the organization as long as possible. Clients do not need to pay any registration fee when they open a live trading account with this broker.
- All it means that the mobile version of the app allows you to use the platform even when you are moving around.
- Our review of Videforex was disappointed to see limited additional resources for traders.
- The trading platform is considered to be a limited online trading broker and mainly because it is not regulated.
- Although we were unable to find any evidence that the broker’s mobile apps still exist, the web-based version of its trading platform offers a fairly good trading experience.
- You should consider whether you can afford to take the high risk of losing your money.
- Another feature of this platform is the almost complete absence, traditional for most brokers, of training information.
A demo account also enables potential traders to try out the features of the site and to see how much they like the trading interface before opening a live account and making a financial commitment. Silver – the silver level account offers all the benefits of the bronze account together with an online masterclass and the services of a personal success manager. VideForex is one of the few brokers which ensure that videforex review withdrawals are processed in a very short time, and all clients can expect their withdrawals to be received within an hour. This is regardless of which account type traders have, which is excellent, since many of this broker’s rivals only offer this type of service to higher level traders. The minimum deposit amount is $250 and while this broker does not charge for transfers, some third party providers may.
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And there will be a $50 fee charged by the bank for the transaction performance. The deposit requirement for this account type is greater at $1000 and a Silver account holder will be privileged to a 50% deposit bonus once their accounts are funded. This broker says it offers platforms for traders amateur, knowledgeable, and professional insight and understanding of the trading industry. forex Through this account, a trader is allowed to make withdrawals in 1 hour, is privy to a Copy Trading tool, and is given a bonus of up to 20% and up. In addition, a demo counterpart of the actual account is also available. There is a significant confusion surrounding the services, as there are hints of both binary options and Forex/CFD being available as trading products.
For example, “3 Risk-Free Trades” and an exchanging instructional training called “Ace Class”. Perceiving the way that there are various brokers with various degrees of trading aptitudes, Videforex trading has given a determination of 3 distinct kinds of exchanging accounts.
VideForex login uses an intuitive and unique platform, which is sleek and smooth on executing trades. Numerous assets are available for trading on this platform ranging from currency pairs, stocks, commodities and indices. VideForex is a broker based out of the Seychelles, which is a popular offshore jurisdiction that many forex brokers are registered in.
Gold – Under this account trader has to deposit a minimum of $3000 to gain access to some basic features and master class sessions. Additionally, traders can also get a personal success manager and a bonus of 100%. The Bronze account requires Retail foreign exchange trading the lowest deposit of $250 or equivalent currency. 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.
Of course, FGC has a massive responsibility to its clients, which is why they try hard in offering innovative services that are designed to give sleepless nights to the competition. You should consult with your local authorities, as well as VideForex’s excellent customer service department, so as to ensure that you follow all applicable laws while trading Forex and other CFD products with the company. With VideForex, both binary options and forex & CFDs can be traded using the broker’s own web-based trading platform, which is said to be available in versions for web, iPhone, and Android. Unfortunately, the download link provided by the broker to Google’s Play Store for Android did not work at the time we tested it. Videforex.com financial services provided by this website carry a high level of risk and can result in the loss of all of your funds. Please ensure you read our terms and conditions before making any operation in the trading platform. The broker’s website is very basic and traders can expect platform functionality to be too.
Videforex Benefits
It is possible that in the near future this method will become one of the most popular, despite the negative attitude of many professional traders to it, today. The latter option involves a lot of additional, free services and an individual approach to each client. Cryptocurrency Start leveraged trading on cryptos against fiat currencies and other alt coins. VideForex broker furnishes learner merchants with an extraordinary web-based exchanging background with a customized degree of help that lifts the merchant’s certainty and capacity to exchange. All things considered, we would profoundly prescribe VideForex broker to apprentice and beginner traders all around the globe.
There are a number of testimonies online that speak of supposed clients being siphoned of all their hard-earned money by the firm. All the features of the previous account are also available here, the only departure being the availability of an online Master class, a bonus of 50%, and the provision of the first 3 risk-free trades. According to Videforex’s official website, a total of 4,416 accounts are live in its system.
Some traders claim that a large number of assets and available operations do not allow them to concentrate and work in a pre-planned direction. But to work on this trading platform quickly get used to and the above problem is eliminated. In addition to video support, traders, in case of problem situations, are given the opportunity to contact specialists using e-mail, the company’s website or telephone connection, including a call-back. However, the broker is not regulated by a reputable authority and therefore UK traders deposit at their own risk.
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For merchants with some exchanging knowledge, Vide Forex has given them the Silver trading account. Aside from that, silver account owners can likewise get additional advantages.
Gold – the gold level account offers all of the benefits of the silver account. The minimum deposit amount to open this type of account is $3,000 and you can receive a bonus of 100% deposit match bonus on opening the account. With its three different account types, VideForex offers a variety of excellent promotional offers to attract new traders to its services.
Mobile
It is also accessible on mobile devices and because traders can easily access their accounts anywhere and at any time. It only offers its own proprietary platform which is available in both web and mobile. This choice to not partner with more trustworthy platforms such as MetaTrader 4 and MetaTrader5 is not at all abnormal. However, it is to the opinion of the review team that it would help the firm’s reputation to enlist platforms of repute. Being associated with the likes of MetaQuotes would invite more traders, hence building the firm up further.
