As previously mentioned, the minimum deposit depends on which account type you want to open. Using a demo account, VideForex users won’t risk their hard-earned capital. Instead, they will be https://traderoom.info/videforex-a-reliable-broker/ using virtual funds provided by the broker. However, to be able to trade using the demo account feature, clients will need to deposit at least $250. VideForex’s Silver account entitles users to the same features granted to Bronze account holders, but they also gain access to a master class, which is a web session, and a 50% bonus.
Account Types
- For CFD trading, the spread is variable and based on market conditions.
- Therefore, we advise you to choose a regulated and secure broker.
- Live pricing data and 24/7 support chat functionality make Videforex’s app a vital tool for active traders, ensuring they have the necessary resources to make informed decisions anytime.
- The reason for this recommendation is the fact that far too little trade-related information is provided on the VideForex website.
After that, there are some variances between the account types, so we’ve listed all of the features of each below. It lets you trade stocks, indexes, cryptocurrencies, forex, and commodities through binary options and CFDs. Also, they offer copy trading for beginners and casual traders. Plus, they have tools for analyzing the market and contests for improving your trading abilities.
Cryptocurrencies and CFDs:
- Like when I pulled out $1,800 cashto buy new patio furniture the same day I closed a lucrative options trade.
- Videforex follows standard office hours and 24-hour trading hours Monday-Friday.
- Like when I spotted an emerging commodities opportunity but was away from my home desktop.
- Without these things in place, trading with an unregulated broker like VideForex undeniably comes with certain risks.
It incorporates a 3D secure protocol and 264-bit SSL (Secure Sockets Layer) encryption technology to keep payment pages protected. Thus, all payments and transactions are entirely secure on Videforex. Claim your listing for free to respond to reviews, update your profile and manage your listing.
A trading platform is a type of software that is used through which trading can be executed. Each broker has its own preference in which platforms it supports and often brokers offer the use of their own proprietary trading platforms. Videforex offers traders a variety of trading accounts that are tailored to the needs and objectives of traders.
The website claims that they are regulated, but there is no evidence to back this claim. It’s best if you exercise caution when trading with this broker. Clients can also take screenshots of their charts by navigating towards the top left portion of VideForex’s platform and accessing Charting Tools.
This is the best option for traders who are often too busy and need to fit their schedules according to their needs. We do not provide investment advice or solicitation of any kind to buy or sell any investment products. Trading carries a high level of risk and may not be suitable for all investors. You should consider whether you understand the risks involved. Videforex warns that margin trading involves the potential for profit as well as the risk of loss. Videforex warns potential customers that Forex and CFDs trading carries a high risk and may not be suitable for all investors.
This depends on the payment method uses and can be anything from an instant withdrawal or it may take up to several days, as the case may be with bank transfers. There is no information regarding the commissions which are charged when trading with Videforex. The high volatility of energy prices due to political, environmental, and several other factors, is a typical feature of this product, making it a popular trading choice.
No, Videforex is not regulated by any authority, and is located in the Marshall Islands, a popular destination for offshore brokers due to weak regulatory supervision. This feature is excellent for new investors or people who prefer a passive investment style. When copying the trade of a master trader, the copy-trader must pay a commission to them.
Customer Support Review of VIDEFOREX Broker
The platform itself is super easy to use, even for beginners like me. Yes, but you need to make a deposit first and contact customer support to get your demo account credentials. Not every online broker offers this, making Videforex a good fit for those with limited time or changing schedules. It’s worth noting this means Videforex is not regulated by CFTC, like most US brokers, which is why you can’t partake in day trading with Videforex if you are from the USA.
And the free 24/7 video support has saved me multiple times when I’ve had technical questions.While the interface could definitely be improved, trading is all about the fundamentals. And with real-time price feeds and lightning-quick withdrawals, this app delivers where it counts. Videforex offers a mobile app compatible with both Android and iOS. It provides a proprietary platform and copy-trading opportunities for beginners and veteran traders alike. To find out more about this broker, how to gain access to binary options trading, foreign exchange, and a powerful trading solution, check out the Videforex review below.
دیدگاهتان را بنویسید