This is a mandatory process required for verifying the trader’s identity and demographic details. To improve your chances of profitable outcomes, you need comprehensive trading tools. It is short of advanced trading tools, thereby depriving traders of the opportunity to augment their trading capabilities. The Videforex application comes with a user-friendly interface that makes it easy for investors and traders to use the app without any hassle. Moreover, its compatibility with different devices further adds to the convenience.
Trading conditions for users
Both beginners and experienced traders can compete, as all accounts automatically participate. The sleek system makes selecting your financial instrument a hassle-free process. You can get to your choice of currency pairs, commodities, and indices with just a few clicks. Plus, you have access to cryptocurrency pairings and fixed return options.
Those fools sitting at monitors on the main page are purely for show. These are amateurs in the forex and binary options markets. The most important thing for them is for the client to invest and lose money quickly, and so on in a circle. You must understand that there is no opportunity to make money here, only a 100% loss of money and time. This extensive selection reflects Videforex’s commitment to providing a user-friendly and innovative trading platform. The fastest withdrawal processing I’ve experienced is Videforex’s guaranteed payouts within 1 hour after settling trades.
What is the minimum deposit for Videforex?
This effectively allows you to borrow money to strengthen your position. Importantly, it can significantly increase your profit potential. This company is a scam, as I have been trying to withdraw my money from since 27th November 2024.
Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. With all the asset classes available, as well as bonuses and promo codes, VideForex can be considered a good broker, depending on how you define it. Some traders prefer to trade with less or no leverage at all. Fixed leverage is considered risky and inconvenient to some, if not all, traders. When it comes to this broker’s customer support representatives, they are prompt to reply and are often able to answer queries and help with concerns.
Services and Products
- To initiate transactions, log in to your Videforex account and visit the “Cashier” section.
- Promo terms and conditions are available on the broker’s website.
- Next, you should decide whether you will trade options or CFDs and forex.
- Trade as and when you want – throughout the year, even on weekends.
- The proprietary platform’s lack of integration with industry-standard tools like MetaTrader 4/5 and reported technical issues further diminish its appeal for serious traders.
With the evolving landscape and new-age technology promoting more competent trades, the number of traders is increasing continuously. This growth is primarily attributed to an increase in a good amount of brokers in the online trading market space. A trading bonus of 20 %, 50%, or 100% will be granted to users depending on their account type. The exact amount of the bonus depends on your initial deposit.
Is the Videforex trading application free to use?
During one month of losing trades, the highest profitability was 70% on EUR/USD, while in other cases, it was consistently between 60% and 70%. This is very bad because with such profitability, it’s impossible to make money trading binary options. The mathematical expectation will be on the broker’s side. Moreover, the company likes to close favorite assets that you trade. If you often trade GBP/USD and make a profit, they close it.
- An inactivity fee of $10 per month applies if clients do not complete at least one trade in this time.
- Videforex appears to lack robust geolocation restrictions and does not publicly disclose detailed AML or KYC policies aligned with regulatory standards in major markets.
- Please be aware that this might heavily reduce the functionality and appearance of our site.
- They also boast of a trading volume of over $4 million and a total of more than $450,000 payouts to traders.
Videforex added fresh exotics in 2025 like THB and MXN for diverse trading opportunities. My favorite Videforex feature is their 1-hour withdrawal guarantee. Just last week I captured nice gains day-trading tech stocks, so I requested an instant payout to splurge on a haircut that afternoon. True to their word, I had that $350 profit deposited in under an hour. I’ve had nightmares at other brokers waiting days to access my winnings.
Leverage
Alternatively, you could set a limit order that allows you to edit your entry price, stop loss and take profit levels. This allows more control in handling your trades and could lead to more gains and fewer losses. After setting your order type, you should set the corresponding expiry time and date of your option. Subsequently, you could turn on VideForex’s Fix Time mode to properly time your trades.
The only difference is Gold clients will be given a personal success manager and a 100% bonus instead. Added to the 100% bonus, the total funds would be $6,000. For options trading, you will notice that you are not able to trade indices and are limited to only forex, commodities, stocks, and cryptocurrencies. To trade options, you must learn the basics of what a binary option is and the definition of the common terms such as put and call.
Clients can withdraw their profit via the methods mentioned above. VideForex makes sure to process the withdrawal request instantly, and clients will get their funds within one hour. Although, as previously mentioned, there might be a slight delay if you decide to withdraw during the weekend or public holidays. Your virtual funds will depend on how much you decide to deposit into your trading account.
The range of digital currencies is fairly narrow vs alternatives but major tokens like Bitcoin are available. Information posted on the portal antiscam-help.reviews, is for informational purposes. In the website footer, you may notice that Videforex is regulated by a certain is videforex legit IFMRRC. This is a self-regulating organization, which originates from Russia. Any broker can become a member by paying a fee of a few thousand dollars.
However, if you do not make at least one trade a month, you will be charged $10. The platform charges a swap fee of 0.07% of the face value of the position to hold a position overnight. The company behind the brokerage, Involva Corp, is registered in the Marshall Islands. Verification can help ensure real people are writing the reviews you read on Trustpilot.