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 web trader is slow and clunky, with a confusing interface that makes it difficult to navigate. The charts are not user-friendly and lack customization options, making it difficult to analyze market trends.
How payments and transactions are secured on the Videforex platform?
The platform is easy to navigate with a user-friendly interface. However, while the platform is touted as suitable for both new and experienced traders, we found that sophisticated and advanced tools were lacking. In particular, there are very few technical features that are common on competitor platforms, such as charting tools and indicators. The broker’s complete range of assets is available, from cryptos and stocks to binary options and forex. Full account management and copy trading are also available.
Despite this, Videforex is a legitimate broker and not a scam. The unique features offered may offset the risk of limited regulatory oversight. Traders can speculate on crypto prices in pairs with USD and CNY through binary options and CFDs.
- You won’t be able to meet their turnover and withdrawal conditions.
- This nominal deposit opens doors for traders to access their accounts and begin trading with as low as $1.
- With a minimum deposit of $250, clients can access VideForex’s 24/7 live video chat support feature, a demo account, and VideForex’s copy trading tool.
- The firm also claims to have invested in a high-tech system for data protection.
- The company’s forgotten password process is straightforward and customers can follow their profiles on social media, such as Twitter and Instagram for live updates.
- Firstly, you need to create an account on the Videforex app by furnishing some basic details.
You have to make sure that your chosen broker is trusted is videforex legit and does not suffer from bad press. Well, Videforex complies with all financial regulatory standards. Furthermore, it is not restricted to any specific region’s regulations.
Partnership and Bonuses
However, we have not verified if they are actually there. Additionally, the broker provides a phone number for contact. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. Trustpilot shows a 2.4-star rating, with 68% of reviews being one-star.
It was really a financial blow when i…
Remember, for opening a trading account; you may be required to fulfill certain guidelines. So, make sure you go through all such terms beforehand only. However, before you step into the world of Forex and binary trading, choosing the right online broker is of utmost importance. This is because the brokerage you choose has a profound impact on determining your trading success. We also use different external services like Google Webfonts, Google Maps, and external Video providers.
#2 Silver
- No traders from the United States are unable to open an account and trade with Videforex.
- Subsequently, users can also view which trades have been profitable to them.
- Here in our review, you will get to know the company as a whole and read about its features and how it works.
- The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds.
Whilst we try to keep information accurate and up to date, things can change without notice and therefore you should do your own research. 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. 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. Videforex has a rating of 3.3 stars from 31 reviews, indicating that most customers are generally satisfied with their purchases.
Please note, some markets may only be available via CFDs or other derivatives. Keep in mind though, Videforex is unregulated, and we always recommend caution before trading with unlicensed providers. As cybercrime is on the rise and online scams prevalent, trusting your broker with your confidential data is important. When we used Videforex, we found there is a commission for opening an unleveraged cryptocurrency CFD position. This could be anywhere from 1% to 2.5% of the transaction.
Written by the company
Thus, all payments and transactions are entirely secure on Videforex. You may also send them your question or concern by filling up the form found on the “Contacts” page. It’ll ask for basic information like your full name, email address, and phone number.
How to trade with Videforex: Trading tutorial
VideForex has a live chat trading feature that is open to all their clients. Here, you’ll have the freedom to speak to any of the online representatives. You can see a full list of the supported languages on the drop-down box found in the chat window. Although you’ll be sending messages on a public group chat, a private chat feature is available for registered clients.
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. The support and features that come with this application simplify trading for beginners as well as experienced. Instant trade execution and withdrawals, besides several perks, enhance your trading experience in no time. Additionally, you can use the same login credentials to access your account on the web platform and mobile phone. To evaluate brokers, we test the accounts, trading tools and services provided. Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available.