You can consider this charge a fee you pay for trading through the platform. With Videforex, you can open the possibility of unlimited trading throughout the year. It’s an amazing option for busy traders who must create a trading schedule according to their needs. Although VideForex is new in the brokerage industry, they offer many products and their customer service is commendable.
Drawing Tools
Forex and CFD trading is a large legal activity across the world, but there may be some regulatory restrictions that vary from country to country. A Forex account is a trading account that traders hold with a specific broker with the purpose of trading financial instruments. Use the “Add Funds” and “Withdraw” options to transfer funds in and out of your trading account. To learn more about VideForex deposit and withdrawal methods, read TradingFinder articles. VideForex trading platform is a powerful interface which allows traders to choose between 3 chart types (including Tick, TradingView, and candlestick).
Click on the option in the upper-right corner to choose between real or demo accounts. You can quickly initiate trades from anywhere using the mobile version of Videforex. You can also keep yourself updated with the latest trends in the market with real-time feeds. As a trader, you are required to use comprehensive trading tools to increase your chances of winning a trade. As an advanced trading tool, it deprives traders of the opportunity to augment their trading capabilities.
Deposit Bonuses
- And critically, Videforex is unregulated and should be reviewed carefully before committing funds.
- Brokers in this location do not have to adhere to any financial regulation so we recommend caution before making a deposit.
- VideForex customer service in this VideForex review is pretty much the only thing that me a bit exceptional from other brokers, where the broker here offers live video chat customer support.
- The broker also offers guaranteed withdrawals in less than an hour and live video support to assist users.
While there are numerous viable online trading brokerages out there to choose from, it can still be difficult knowing which one is right for you. We understand the struggle and importance of choosing the right trading brokerage, which is why we have compiled numerous in-depth reviews of viable online trading brokerages. See below, our in-depth review of the VideForex online trading brokerage and decide if they’re the right broker for you. If you are new videforex trading to binary options trading and want a quality experience, the Bronze account is for you. You need to deposit a minimum of $250 to access this account type. Videforex has an easy-to-understand interface, which is suitable for novice traders.
Then, when you are confident, you can start putting real capital on the line. Videforex requires a starting deposit of $250 for new trading accounts. They also give up to a 20% to 200% deposit bonus on any first deposit and account.
How do I deposit and withdraw funds on the VideForex platform?
Below is an in-depth review of Videforex to help you make an informed decision before opening your account or trading on their platform. Thus, it is clearly visible, the higher you invest, the more trading features you get. And if you have access to more advanced features and tools, your chances of success increase. Also, the fee charged on trading leveraged assets is higher than the fee charged on un-leveraged assets. For example, on un-leveraged CFD assets, Videforex levies a fee of around 1 – 2.5% of the transaction. No traders from the United States are unable to open an account and trade with Videforex.
Key drawbacks include lack of regulation, no support for MetaTrader platforms, and non-withdrawable bonuses. Additionally, the mobile trading app is reported to have limited functionality. The platform offers direct access to deposit and withdrawal functions through « Add Funds » and « Withdraw » buttons, streamlining account funding processes. VideForex is more than just another name in the crowded field of online brokers. Promo terms and conditions are available on the broker’s website. Whether you’re day trading forex, CFDs, or binary options, the bonus requirements are the same.
Deposits & Withdrawals
On tradable assets, VideForex customers have access to over 160 assets. We did find VideForex’s trading platform pretty impressive and unique. In addition to supporting mobile trading, the platform is simple and comes with many features. Once you have made a deposit, you gain access to a Videforex demo account. This is the ideal place to develop a strategy and get familiar with market conditions using simulated money.
In addition, the platform features a simple and intuitive interface that competently incorporates all elements needed to trade Binary Options and CFDs seamlessly. The unique features offered may offset the risk of limited regulatory oversight. 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. If you have correctly filled in all the information, you will get access to your trading account.
There is only a FAQ section with a few questions and their respective answers, although no other insight is truly provided. Ethereum (ETH) is the second-largest cryptocurrency after Bitcoin and allows developers to create smart contracts on a platform. Bitcoin (BTC) is the digital currency with the largest market capitalization and price levels and dominates 50% of the total crypto market cap. Equity or stock indices can represent a specific set of the largest companies of a nation or they can represent a specific stock market.
The broker offers well-known indicators and oscillators such as Moving Averages, Bollinger Bands, MACD, RSI, and many more. If you want to apply various indicators to the trading chart, use the option at the top section. By clicking on the button next to the trading symbol, have the option to choose between Tick, Candlestick, or TradingView charts. Whether new to the trading world or not, read this article to get an in-depth insight into Videforex and its features. Nonetheless, VideForex does not offer extra educational resources such as trading signals and trending market news. VideForex offers fixed spreads with the average for the EUR/USD pair currently standing at two pips.
Platforms & Tools
- The platform features regular CFD and options trading, direct deposit and withdrawal via the app, and a 60-second trading option.
- Clients can deposit and withdraw in 60 seconds, manage portfolios in a few clicks and view live charts of all available assets.
- Feedback and rankings from authoritative sites like « Trustpilot » on the TradingFinder website assist all traders.
- And so I think it’s clear that through the information given in this VideForex review, it’d be wise to think twice before trading with VideForex.
For example, 24/7 live video chat support is offered for all account types. Videforex stands out as a reputable broker offering a comprehensive trading experience tailored to traders of all skill levels. VideForex is a part of a thriving group of binary options properties under the FGC brand, and we did expect the company to offer full access to its existing set of financial assets. True to their promise, VideForex has more than 160 instruments from four asset classes, namely, Forex, commodities, indices, and stocks. The company has also added a few cryptocurrencies to the mix, but the choice of cryptocurrencies is not as large as some of the other brokers. While Videforex is new to the market, it offers its clients a huge range of trading assets.
Videforex review for traders – How good is the broker?
Videforex warns potential customers that Forex and CFDs trading carries a high risk and may not be suitable for all investors. When requesting a withdrawal, traders are required to provide identification every time they request a withdrawal, regardless of the amount. The bonus meter which is provided on the Accounts page of the Videforex website has a slider that calculates the US Dollar value that traders will receive upon making their first deposit. To improve your chances of profitable outcomes, you need comprehensive trading tools.