Furthermore, with a variety of online trading accounts as well as simple setup and usage, this broker is appealing to both novice and experienced traders. Videforex has a straightforward platform and quick sign-up process that will appeal to new swing traders. The broker also offers promotions and bonuses, 24/7 video chat and several funding methods.

These licenses ensure that Forex returns Videforex adheres to industry standards and regulatory requirements. Although VideForex is new in the brokerage industry, they offer many products and their customer service is commendable. Customers can choose to access VideForex’s web-based platform via their Android and iPhone devices.

• If you invest in these products, you may lose some or all of your investment, and the value of your investment may fluctuate.
• You can speak with a customer support representative to verify your deposit, and so they could open a demo account for you.
• Next, you need to head to the navigation tab to meet registration requirements.

Beginners and those that are interested in passive investing may use this feature so that their capital will be put to good use. Trading this asset derivative is slightly different compared to regular trading but is considered to be higher risk, but it also gives more reward for a successful trade. Additionally, whether it’s going long or short on puts and calls, the expiry of your option will greatly influence your trading strategy. On the bottom-right corner of your trading software, you will be able to change and set your charts from a linear price scale to a log scale.

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. Besides the USA, Videforex offers its amazing trading services to traders worldwide. Trading Forex, CFD, Options, and other financial instruments carry a high risk of loss and are not suitable for all investors.

This section of the Vidforex review will explain all the available methods of funding and withdrawal presented by the broker. Now guys, please read this part of the VideForex review very carefully! I want to point out the very different and negative features of this broker. VideForex requires its customers to reach a total turnover Videforex even when they don’t use bonuses. Spreads are fixed on 2 pips for EUR/USD for all types of accounts.

Trading Hours

A broker may offer good conditions to traders, but if it is not regulated, there is always risk involved. Therefore, we advise you to choose a regulated and secure broker. This guarantees that there is a regulatory body looking after your interests as a trader. From our experience, we can say that VideForex is highly regulated and safe.

My Withdrawal After a Month of Waiting and No Response

• VideForex is a broker for novice traders and professional market participants that allows you to make trades on your own or receive income through the trade copying service.
• Launched in 2017, Videforex offers access to stock, index, crypto, forex and commodities markets via binary options and CFDs.
• Forex trading, or foreign exchange trading, involves the buying and selling of currencies in the global marketplace.
• While there some brokers in the industry with higher fixed spreads, VideForex’s spreads are very high.

Upon going to the VideForex website you are greeted by a friendly live support representative that you can see and interact with. The live video chat service is available 24/7 to VideForex customers and is accompanied with other contact methods such as email and telephone support. All support methods are very quick to respond and are very friendly, helpful and informative with their responses.

With over 100 assets available, clients gain a broader exposure to the market, and this can help diversify their portfolios. This broker’s platform is available on any device, which allows both newbie and professional traders to access it anytime, anywhere. The broker offers live video chat support, which you can access directly from the homepage. This makes Videforex a strong contender for newbie day traders or those that want live support a few clicks away. In summary, Videforex offers a variety of account types to suit different trading styles and preferences. Each account type has its own advantages and disadvantages and requires different levels of investment and risk tolerance.

For enhanced convenience to users, Videforex offers its services through different packages that are accessible through three distinct account types. The capital you deposit will also depend on the account type you advanced candlestick patterns qualify for. Commission or brokerage charge is the fee you pay on the sale/purchase of an asset. Being a trusted platform, Videforex levies a convenient commission charge. This charge can be perceived as a trading fee that you pay to the broker for extending trading services through their platform. The spread is subject to vary depending on specific instruments, external market factors, and liquidity.

Assets and leverage

Exness offers access to Forex and CFD instruments on a secure and globally recognized platform. As always, there are terms and conditions surrounding find developers for startup bonuses, so please be sure to read through those completely prior to accepting a deposit bonus on your account. Your investment may not be eligible for investor protection in your country or state of residence. However, we may receive commissions from the companies we offer on this website.

However, if you do not prefer to use a mobile app, you can go for the web-based platform, which is also mobile-friendly, relatively easy, and convenient to use. VideForex’s demo account entitles all registered clients full access to its features and services. Here, clients can practice various trading strategies that they can use for binary options trading or for CFD and forex trading.

Deposit Bonuses

For forex, you can expect to find the seven major currency pairs along with minor and exotic pairs. The trading platform offers a plethora of features to the traders, which not only makes trading easy but also interesting for them. These indicators help traders to perform analysis on any trading platform.

To minimize costs, using cryptocurrencies like BTC, ETH, or LTC is recommended. There are various account types and their features are clearly explained. However initial deposit is not low although it’s not high either. The VIDEFOREX commission is usually based on the account type chosen by traders.

VideForex imposes a fee of up to $50 for all bank wire transfers. However, we were surprised to find out that the broker has gone above and beyond to make their web-based trading platform mobile-friendly. Traders can easily access VideForex’s web-based platform even when on the go.

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A demo trading account provides you with a real-time experience of live trading and market conditions. After you deposit the minimum initial amount, your Videforex account gets activated. Then, using the simulated money, you get hands-on experience that helps you with strategy development and understanding market conditions. Once you are confident trading with a demo account, you can start investing the real money. Hence, using Videforex’s practice account is one of the best ways to maximize your profit-earning potential. While Videforex is new to the market, it offers its clients a huge range of trading assets.

Through this platform, you can use numerous financial instruments. The website claims 95% profits in 60 seconds and obscene sign-up incentives. Videforex’s lack of financial authority regulation should always raise a red signal when picking a trustworthy broker. You can access the platform as it is not regulated by authority, and it is quite risky to use it. When traders come across the words “demo account,” they expect it to be free.

The Commodity Futures Trading Commission oversees the broker and VideForex offers a high level of security for customer data. But while these are useful features, there is a lack of advanced trading tools for account holders. For example, there is no economic calendar, forex heat map or online trading forum and tutorial.