VideForex Reviews: 7 Customer Ratings Broker Test
Additionally, clients have access to their account and portfolio information through the platform. The benefits of the platform include instant execution of trades, live charts of every option available, the ability to view trade history, and the same login as the web-based platform. VideForex offers a prominently placed live video chat feature that grants access […]
Additionally, clients have access to their account and portfolio information through the platform. The benefits of the platform include instant execution of trades, live charts of every option available, the ability to view trade history, and the same login as the web-based platform. VideForex offers a prominently placed live video chat feature that grants access to an actual customer service representative for 24 hours a day and seven days a week. If you’re seeking the finest online day trading brokers, VideForex.com is worth a look. It offers enticing periodic contests, a customized trading dashboard, and live video guidance despite its infancy. 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.
How to use Videforex trading app?
With over 117 assets available, a solid first deposit bonus and reputable regulation, you can’t go wrong by using this platform. It is worth noting that not all traders offer you this flexibility. You can trade binary options, CFDs, and Forex as per your suitability. This is the perfect option for traders with varying schedules and time scarcity. At last, you can also trade on Sundays and even during late-night hours at your convenience.
Leverage available
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%!!!!
Traders can easily access VideForex’s web-based platform even when on the go. From the look of things, VideForex appears not to have any regulatory oversight. While the broker might be a credible trading platform, they are closely run by other offshore brokers making them unreliable. For this reasons, we recommend that you take extra precaution when opening an account with them.
- Forex trading allows participants to speculate on the price movements of currency pairs, such as EUR/USD or GBP/USD.
- However, the spread can vary depending on multiple factors, including liquidity, external market factors, or instruments.
- When we used Videforex, we found there is a commission for opening an unleveraged cryptocurrency CFD position.
- 2023 also saw Videforex expand its suite of OTC assets with payouts up to 95% and trading opportunities on popular global markets.
There is no information pertaining to the spreads that can be expected when trading with Videforex. According to the Videforex website, there are a number of bonuses and promotions. Finding a reputable Videforex review local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source. This website is not intended for use in any jurisdiction where the trading or investments described are prohibited and should only be used by persons and in a manner permitted by law. 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.
VideForex is one of the first brokerage service providers in the industry to implement the video chat feature. Traders report having had a great time interacting with the broker through this feature. They operate on a web-based platform where traders can easily carry out their trading activities. In general, we found their unique trading platform easy to navigate.
Trade with a Regulated Broker
Videforex added fresh exotics in 2025 like THB and MXN for diverse trading opportunities. Even though Seychelles has their own regulatory authority who governs the financial services businesses based here, VideForex remains unregulated by them. While this is somewhat concerning, VideForex comes from a reputable background and has been competently providing trading services since 2016. As mentioned earlier, VideForex is an international trading brokerage that serves traders from all over the world. However, they do not provide services to traders from the US and parts of Europe and Asia.
- The one area where VideForex blows all other online trading brokerages out of the water is their high level of customer support.
- They also give up to a 20% to 200% deposit bonus on any first deposit and account.
- In addition, the browser-based solution comes with a selection of technical indicators and an intuitive market insights tool.
- Alternatively, a live trading account is for experienced individuals who can analyze risks and execute accurate trades while keeping their real capital stake.
Videforex review of the trading platform:
It is one of the largest and most liquid financial markets in the world, with a daily trading volume exceeding $6 trillion. Forex trading allows participants to speculate on the price movements of currency pairs, such as EUR/USD or GBP/USD. Traders should open a real account and make a deposit for accessing the demo account.
Hugo’s Way vs. Kot4x: A Comprehensive Broker Comparison
This nominal deposit opens doors for traders to access their accounts and begin trading with as low as $1. The platform also offers a 100% deposit bonus on your first deposit. However, it is advisable to read its terms and conditions thoroughly before using it. One thing to be noted here is that regardless of what you trade – binary options, Forex, or CFDs, the minimum initial deposit amount will remain the same. The one area where VideForex blows all other online trading brokerages out of the water is their high level of customer support. VideForex is one of the only online trading brokerages we know of who provide live video chat support.
This strategy relies on technical indicators such as moving averages, trend lines, and the Relative Strength Index (RSI) to identify trends and potential entry points. The homepage features a banner that claims that the broker is regulated, although no mention of regulation can be found on the website. Movements in the price of foreign exchange and commodities are very unpredictable, hence Videforex cannot guarantee a maximum loss that a trader may suffer. There is a banner on the homepage which claims regulation, but there is no regulation indicated on the website. Leveraged products, such as Forex, increases the potential profits of the trader, but it also increases the risks and subsequent losses that the trader may incur. Where withdrawal fees are concerned, Videforex charges a 5% transfer fee when Credit/Debit cards are used.
Once your account is verified, log in to your Videforex account and proceed to deposit funds. Videforex offers a variety of payment methods, including credit/debit cards, bank wire transfers, e-wallets like Skrill and Neteller, and cryptocurrencies. Select your preferred method and follow the instructions to complete the deposit process. Regulation plays a vital role in ensuring that companies adhere to strict protocols and financial transparency for providing a trusted brokerage service. In the case of VideForex, we are afraid that the broker belongs to the latter. VideForex is a Seychelles-based Forex broker that is owned by Vide Projects Ltd., a standalone company that is operated by the Finance Group Corp.
The platform itself is super easy to use, even for beginners like me. I have personally used around five binary platforms and Videforex is the one I enjoy using the most because the web platform takes seconds to open and load and you can place trades in one click. 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. Yes, but you need to make a deposit first and contact customer support to get your demo account credentials. Both beginners and experienced traders can compete, as all accounts automatically participate. This effectively allows you to borrow money to strengthen your position.
Furthermore, there is no way to verify the legitimacy, credibility, or reputation of the broker. As mentioned above, VideForex does not offer the fancy Metatrader4 and Metatrader5 trading platforms provided by most brokers in the industry. Unlike other brokers that offer Metatrader4, Metatrader5, and extra trading platforms, VideForex does not provide any of these. Beginner traders mostly prefer videforex trading brokers with an affordable minimum deposit requirement.
