Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. If you have traded with Videforex we would really like to know about your experience – please submit your own review. Keep in mind though, Videforex is unregulated, and we always recommend caution before trading with unlicensed providers. Clients simply need to decide whether the price of an underlying asset will rise or fall. Potential payouts and losses are fixed before the investor opens the trade. Clients can also select the ‘Live Trades’ tab in the left-hand side of the platform to view the top traders for a particular asset.
- VideForex trading platform is a powerful interface which allows traders to choose between 3 chart types (including Tick, TradingView, and candlestick).
- Our review covers everything you need to know about the online trading platform, including the sign-up and login process, plus how to deposit and withdraw.
- Additionally, clients have access to their account and portfolio information through the platform.
Videforex vs Other Brokers
The free mobile terminal offers straightforward order management, plus direct deposits and withdrawals via APP. Investors can also use their browser-based login details to access the mobile platform. Videforex launched in 2017 with its headquarters based in the Marshall Islands. The company that owns the brokerage is also the owner of other well-known brands, such as Binarymate. More than 5,000 customers have signed up for an account since the brokerage started and withdrawal requests are processed in just 30 minutes. During our VideForex review, we found out that the brokerage provider is not well-regulated.
- The unique features offered may offset the risk of limited regulatory oversight.
- Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions.
- This effectively allows you to borrow money to strengthen your position.
- Newbies will have a wonderful time interacting with this trading platform.
VideForex offers over 160 tradable assets which is average compared to a typical broker with their level of experience. All content on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions. DayTrading.com may receive compensation from the brands or services mentioned on this website. If you have experience trading with Videforex please share your personal review of the broker and what you think are strong and weak points.
Does Videforex Offer Any Sign Up Bonuses?
Cybersecurity-related crime is an ever-present threat to online traders; so, some brokers implement high-security protocols to ensure their customer’s safety as well as their own. On the downside, the platform is fairly basic versus the likes of MetaTrader 4 (MT4) and MetaTrader 5 (MT5). It will meet the needs of most beginners, but seasoned traders may be disappointed by the lack of advanced features. When it comes to withdrawal, traders can use all the major payments methods mentioned above. Customers can choose to access VideForex’s web-based platform via their Android and iPhone devices. VideForex also has native trading apps that are available for free on Play Store and App Store.
Chart Types
Forex, binary options, cryptocurrency, and CFD trading on margin involve high risk and are not suitable for all investors and traders. The unique features offered may offset the risk of limited regulatory oversight. Dealing with unregulated brokers can be very risky because there isn’t a regulatory authority to hold them accountable. Otherwise, find another brokerage provider that is well-regulated and adheres to regulatory guidelines. However, we were surprised to find out that the broker has gone above and beyond to make their web-based trading platform mobile-friendly.
Trading Conditions
Clients can deposit and withdraw in 60 seconds, manage portfolios in a few clicks and view live videforex.com charts of all available assets. The platform also provides instant order executions, detailed trading history and built-in live video chat support. In addition, the browser-based solution comes with a selection of technical indicators and an intuitive market insights tool.
VideForex offers research & education resources through their parent company. Traders are issued with top trading tools, personal account managers, and advanced market analysis. To open trading accounts with VideForex, customers are required to deposit $250. Funds can be deposited through various means including credit card, bank transfer, Skrill, Neteller, and PayPal.
Complete training in financial markets such as “Forex,” “Stock Market,” and “Cryptocurrencies” only becomes comprehensive with tested trading tools and strategies. “Trading Finder,” with its experience, aids traders and investors in gaining a correct understanding and deep learning. The training programs are designed based on tools for traders of all levels, from “beginner to advanced.”
Trading Contests
Videforex gets some things right like the platform is way slicker than other binary firms I’ve used (eg Capitalcore). But I hate how it feels really gamified with bonuses, so-called mystery boxess, competitions and the like. I just want to focus and trade but feel like they’re often trying to distract me with gimmicks. Like they’ve added this pool feature where you trade against other traders and payouts can be 1500%!!!!
Review
Newbies will have a wonderful time interacting with this trading platform. Major indices provided by this broker include US DOW, S&P 500, Nasdaq, DAX, FTSE 100 UK, ISE and many others. The commodities available include Silver, Platinum, Oil, Sugar, and Coffee.