Accessibility – The trading platform is accessible to all traders worldwide. Once you provide the mandatory information, you will be offered the trading account and the tools required for trading online. As mentioned above, if you want to take a test, demo accounts are also provided prior to Retail foreign exchange trading the opening of a live account. You need to firstly register yourself with Videforex for an account to gain access to the demo account. VideForex is said to be a client-oriented broker, so there is nothing surprising to know that it offers a mobile version of the web platform to its clients.
VideForex tends to offer leveraged trading, and it shows effectively, how strong your borrowing position is. Though they are not one of the cheapest brokers in the market, that doesn’t mean they are one of the most expensive ones. Additionally, it will consider the underlying liquidity and external markets. Additionally, you can stay in touch with the financial markets from anywhere in the world. Lastly, you need to know that VideForex has specially designed the platform in this way as it wishes to keep it simple for the traders. On the other hand, traders from the United States and Canada are not allowed to sell on this platform.
Plus, we dive into their platform and mobile app to review their key features. VideForex welcomes you with a live chat feature and an actual customer service representative, who goes on to explain the website’s products and services through an interactive video chat interface. The live video chat feature adds a personal touch to the proceedings, but read our expert VideForex review today for all the relevant information about the company. The situation in the market of services for providing access to financial instruments for online trading over the last ten years makes new brokers come up with non-standard methods of attracting customers.
Forex and CFD brokers continue to grow at a staggering rate, but the general investor sentiment has shifted towards a more reliable and regulated brokerage service. It is no longer easy for a company to set up an FX/CFD brokerage and hope for the best, as traders have now become more vigilant and proactive while choosing a trading partner. The all-new live chat feature is one of the most significant selling points of the VideForex trading platform. Silver – Under this account trader has to deposit a minimum of $1000 to gain access to some basic features and master class sessions. This site was created for people interested in learning and trading binary options, digital options, cryptocurrencies, Forex, CFD, ETF, OTN, ICO, and of course, how not to fall for the bait of unscrupulous trading platforms. Here you can find a lot of useful information about brokers, strategies and the latest news from the world of online investment possibilities and many other interesting things. Based on the above information, we can conclude that the broker presented has the necessary potential for development.
For this purpose, the latest software and other modern security tools are used. Another feature of this platform is the almost complete absence, traditional for most brokers, of training information. By registering on the site Videforex Retail foreign exchange trading login, the user can conclude transactions using the help of professionals. Forex broker Videforex accepts deposits in a range of cryptocurrencies. Videforex follows standard office hours and 24-hour trading hours Monday-Friday.
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Lastly, you need to know you can gain access only when you have made a deposit. All it means that the company is striving hard to make a considerable effort in carving its name in the Foreign exchange reserves competitive industry. Above all, customers should know that they can easily access their funds. Traders from UK, US, Europe, or anywhere else can quickly deposit or withdraw money.
Help future customers by talking about customer service, price, delivery, returns & refunds. User must fully understand and accept all possible risks carried out by any operations, as well as partial or complete losses of the invested financial resources. All actions and, as a result, their consequences, as well as the way of using information, service and products provided by the site must be fully borned by the user’s responsibility.
VideForex offers a facility to the traders under which the potential clients can access the services provided by the broker. The platform offers 80 different types of stocks, 15 currency pairs, nine types of commodities, and 13 types of market indices. Back in 2016, the trading platform was incorporated in Seychelles, and at that time, the platform offered investment opportunities in limited trading instruments. Even though the trading platform is the latest entrant in the industry, but the broker has earned a considerable amount of attention amid the online trading community. The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. Demo accounts are a great way to become familiar with the platform and to test trading strategies risk-free. The broker charges a commission of up to 2.5% for opening a cash crypto CFD position.
VideForex does not offer such an ability, making it extremely difficult for traders, and it may even require them to sign up for third-party charting software. As an FX/CFD broker, VideForex has a moral responsibility towards ensuring that it offers the best platform features to its investors. The account types offered by VideForex includes a Bronze account, a Silver account, and a Gold account. All three account types support trading in both binary options and forex/CFDs, with the broker’s full selection of underlying assets. Our review of Videforex was disappointed to see limited additional resources for traders. A basic trading tutorial is published on the broker’s website, topics include how to trade CFDs and how to trade binary options.
For both Options and CFD trading, Videforex is said to be offering advanced trading platforms. The platform is available in three versions, including the web, iPhone, and Android. The trading platform is said to be presenting at least 100 assets for trading on several devices. Registration is required before demo account credentials are provided. Videforex was established in 2016 and is operated by INVOLVA CORP, located in the Marshall Islands. The broker is not registered with any financial authorisation or regulatory body.
- To learn more about how we test and recommend brokers, read our methodology.
- VideForex login uses an intuitive and unique platform, which is sleek and smooth on executing trades.
- Here you can find a lot of useful information about brokers, strategies and the latest news from the world of online investment possibilities and many other interesting things.
- The VideForex trading interface does not have the option of advanced charting or using technical indicators, which can be a serious issue for a beginner, intermediate, and expert traders.
- All three account types support trading in both binary options and forex/CFDs, with the broker’s full selection of underlying assets.
- Videforex is an online broker specialising in forex, CFD, and options trading.
CoinsBTC, ZEC, XRP, XMR, SAN, OMG, LTC, IOT, ETH, ETC, EOS, DSH, BCH SpreadsFloating Binary Options Binary options are available on forex, crypto, stocks and commodities. Trade with caution, these products might not be suitable for everyone so make sure you understand the risks involved.
Hence, rapid price movements may inflict serious financial damage or even devastate your entire trading account. Customer support appears to only be available via live chat, which in turn is only available for registered users. No working hours, phone numbers, or email addresses to customer support is mentioned on this broker’s website.
Videforex Leverage Or Exposure
Videforex is considered as a fresh entrant to the binary options trading industry. Despite that, this broker has attained a substantial amount of fame for the online trading community because it is the first binary options broker to integrate a live video feed system for the customer support service. VideForex aims at attracting traders through a 24 hours customer service team that is available through an innovative video chat feature.
VideForex must make a few adjustments and improve its products to offer a better brokerage platform. VideForex is yet to update its website with any trading information, which is not something that we expect from a mainstream Forex broker. Every broker has the responsibility of being transparent about its products and services, as it is vital for a trader to have all the relevant information at a glance to make an informed choice. New traders can learn the basics of trading in a risk free environment whilst more experienced traders are able to try out new techniques and strategies without risking their own money.
While many use the MetaTrader 4 stage, there are sure favorable benefits to the methodology taken by VideForex brokerage. There are three types of accounts available from this broker to suit the needs of clients at all levels of experience. There is no way this broker can persuade us that they are registered in the UK and are offering binary options legally within the EU. Another drawback of this broker is that it operates virtually as an offshore platform while offering huge prizes and bonuses that are similar to the kinds only scam brokers offer. The Silver Account – this account type is for traders with some trading knowledge. The review alluded on this review’s introduction is not the only one to accuse Videforex of delving into bad trades or being fraudulent altogether.
What Videforex Broker Says It Offers
While this broker might be another ordinary stage, what we discovered throughout our review, is that Videforex has something that makes it truly stand apart from the other trading platform that we have gone over. For the first time, here is a broker that welcomes you when you sign on to your exchanging account at Videforex. This is to a great extent because Videforex is the broker in the industry that has given live video support of the individuals that you converse with on live, email or phone. VideForex offers an interesting new concept in binary options brokerage with its exciting video support format that brings something unique to the market. This recently launched broker offers plenty of assets across all four main classes and has a well designed, user-friendly interface that is intuitive enough to be used by traders at all levels. This broker even offers copy trading which is ideal for those who are new to binary options investment.
This makes VideForex broker a solid contender for informal investors as yet finding their videforex review feet. Or those that need consolation that Live help is only a couple of snaps away.
Discover a broker you can trust by reading our in-depth and honest reviews, created by industry experts. The VideForex platform also offers the social trading feature where you could copy the trades of top earning traders. VideForex is a legally registered forex broker located in the Seychelles, but not regulated by any government agency.
Yes, VideForex is a genuine company, even though it does not have the same regulatory status as some of the leaders in the market. This broker did not score well during our testing process and is not recommended by our experts. We strongly suggest choosing a broker that has gained a high score through excelling in all departments instead. To learn more about how we test and recommend brokers, read our methodology.
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The trading platform is considered to be a limited online trading broker and mainly because it is not regulated. Funding methods – The trading platform facilitates payments through a range of payment types, including credit cards and cryptocurrencies.