When traders choose VideForex as their broker, they can fibonacci retracement definition avail themselves of a plethora of features on the VideForex Trading Platform. The main aim of the platform is to offer a plethora of opportunities for research while they trade in the forex market. Traders can, of course, make the most of the trading terminal here. The trading platform is essential for both the stock and forex market. Rates, terms, products and services on third-party websites are subject to change without notice.
With the minimum deposit of $1,000 plus the 50% bonus, your total funds would be $1,500. 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.”
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. Nonetheless, VideForex does not offer extra educational resources such as trading signals and trending market news. While there some brokers in the industry with higher fixed spreads, VideForex’s spreads are very high. We recommend that you avoid this broker if you are looking for a low-cost option. As you can see, the higher you invest, the better features you get.
The Silver Account
- If you have experience trading with Videforex please share your personal review of the broker and what you think are strong and weak points.
- VideForex offers a minimum deposit of $250 which is somehow higher when compared to brokers of its category.
- As a result, before making any trading decisions, traders must first investigate all accounts.
- The application is free to download yet it’s still not any known forex platform.
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. 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.
Videforex has a rating of 3.4 stars from 31 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with Videforex most frequently mention and real time. While the app’s real-time pricing is invaluable, its user interface could be more intuitive. Adapting to a new system was challenging, but the timely market data significantly aids my trading decisions. This company is a scam, as I have been trying to withdraw my money from since 27th November 2024. Every email I get says I am in queue and they are working on it with no set timeframe or what number I am in that queue.
Customer support
See below, our in-depth review of the VideForex online trading brokerage and decide if they’re the right broker for you. Trading on Videforex takes place on all days of the week 24/7. It is worth noting that not all traders offer you this flexibility. You can trade binary options, CFDs, and Forex as per your suitability.
Key Features of Videforex
Therefore, it is strongly advised to avoid trading with unregulated brokers like Videforex. Trading with such brokers exposes traders to a high level of uncertainty, insecurity, and potential fraud. Instead, traders should look for brokers that are regulated by well-known and respected authorities, such as the FCA in the UK, ASIC in Australia, CySEC in Cyprus, or NFA in the US. Please see a list of regulated brokers for some alternative options. Videforex is one of those brokers that does not have any form of regulation.
We aim to help you find the best broker according to your own needs. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. Participating in financial markets involves high risk, which can result in the loss of part or all of your investment. There are no guarantees or specific guidelines to prevent losses.
Tradingcritique.com is the ultimate guide to help you Forex quotes navigate through the best broker in the market. We’ve got you covered with an all-inclusive review of the best brokers out there. And if you’re looking to up your trading game, we’ve got just the thing for you! Rest assured, your quest for the ideal broker and trading advice concludes here. VIDEFOREX was created in 2017 and incorporated in the Marshall Islands.
Step 1: Register for an Account
For instance, there is an average spread of 1.5 pips, and an account fee of $1 for forex trading. For CFD trading, the spread is variable and based on market conditions. To get started, VideForex traders do not need to install any additional software on their computers. All they need to do is log in to their personal account from their browser, where the broker’s web platform will automatically open.
- Videforex traders have the option to double up or rollover their positions.
- The deposit bonuses also help increase the clients buying power or working capital.
- This stability gives me confidence in efficiently entering and exiting positions during volatile sessions.
Additional methods of support include the websites extensive FAQ page and contact via VideForex’s social media channels. The VideForex trading brokerage was founded in 2016 and is based offshore in the Seychelles. The Videoforex app is one of the best trading platforms in the market to offer the special convenience of permitting trade from anywhere or anytime.
On the downside, more advanced traders may find the single platform and the low number of assets available limiting. And critically, Videforex is unregulated and should be reviewed carefully before committing funds. Videforex offers much higher levels of customer service than alternative brokers. Featuring a 24/7 live video chat option, traders can contact a customer support assistant in real-time for help instead of a bot. Launched in 2017, Videforex offers access to stock, index, crypto, forex and commodities markets via binary options and CFDs.
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 forex advisors 2024 30 minutes. For those who are new to trading or prefer a hands-off approach, Videforex offers a Copy Trading feature.
Yes, the traders can download the VideForex without paying anything from the web. It is pretty easy to set up the VideForex Trading Terminal; all traders need to do is follow some easy steps. The aim is to make the most of the trading strategies, which makes the platform quite effective. Additionally, the terminal facilitates quick analysis or an in-depth one which facilitates speedy decision making for traders.
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 traded with Videforex we would really like to know about your experience – please submit your own review. This average customer rating is based on 5 Videforex customer reviews submitted by our visitors. Compare the markets and instruments offered by Videforex and its competitors.