The platform offers a user-friendly and intuitive interface that allows clients to stay connected with the global market and not miss out on any trading opportunities. The platform features regular CFD and options trading, direct deposit and withdrawal via the app, and a 60-second trading option. Additionally, clients have access to their account and portfolio information through the platform.
- There is no entry cost, and twenty winners are listed each week.
- Compare Videforex with any other broker by selecting the other broker below.
- It allows traders to fund their accounts from any part of the world.
- That means if you have incorrectly predicted the market, you will lose a huge amount of money.
- The better customer care service of Videforex distinguishes it from other trading brokers that do not have this effective service.
If you are not familiar with the risks of using an unregulated online broker, you may want to check out GKFX or FP Markets instead. If this information is correct, then we can deduce that the 100+ assets are comprised of currency pairs, stocks, and cryptocurrencies. That would leave out assets such as indices, commodities, and more.
Videforex claims to provide a user-friendly and innovative trading platform, as well as various tools, education, and account types to suit different trading styles and preferences. However, as with any online broker, there are also some potential drawbacks and risks involved in trading with where to invest when interest rates are low Videforex. Therefore, it is essential to conduct a thorough and objective review of the broker before deciding to open an account and invest your money. In this article, we will review Videforex and evaluate its regulation, platforms, tools, education, markets, accounts, and funding methods.
The demo account by Videforex gets activated after you fund your real trading account with the minimum deposit amount. If you are new 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 offers a variety of markets for its clients to https://www.forexbox.info/high-powerful-cryptocurrency-miners-released/ trade on, including forex, CFDs, and options. These markets allow clients to speculate on the price movements of different assets, such as currencies, stocks, indices, commodities, and cryptocurrencies. Each market has its own characteristics, advantages, and disadvantages, and requires different strategies and skills to trade successfully.
While Videforex is a new entry in the trading world, it has become quite popular among traders. Through this platform, you can use numerous financial instruments. This trading broker is owned and operated by Vide Projects Ltd. Topics include account features, trading help and registration. Videforex follows standard office hours and 24-hour trading hours Monday-Friday.
Does Videforex Have An Inactivity Fee?
Additionally, it also offers other asset classes, such as cryptocurrency. Videforex is designed to benefit both new and seasoned traders, with features such as a proprietary platform and copy trading opportunities. Like other trading platforms, Videforex also offers different trading account types to its users. Each trading account has a different minimum deposit amount and features. Videforex has quite an average offering compared to many other online brokers. The costs are quite high, unlike GKFX – which not only comes with lower spreads but has no minimum deposit while offering trading account options for all types of traders.
It also means that the broker can set its own terms and conditions, fees, and policies without any transparency or disclosure. Even though Seychelles has their own regulatory authority who governs the financial services businesses based here, VideForex remains unregulated by them. While this is somewhat concerning, VideForex comes from a reputable background and has been competently providing trading services since 2016.
Traders can speculate on crypto prices in pairs with USD and CNY through binary options and CFDs. The range of digital currencies is fairly narrow vs alternatives but major tokens like Bitcoin are available. 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. In contrast, Videforex has extended support in multiple languages, including French, English, Spanish, Dutch, Thai, and Russian. It is done to assist the clients from the accepted countries correctly.
Videforex has a dedicated mobile app that traders can use to access trading services quickly. One impressive thing about using this trading broker is its wide outreach. Besides the USA, Videforex offers its amazing trading services to traders worldwide. However, account funding is required to obtain demo credentials. Demo accounts are a great way to become familiar with the platform and to test trading strategies risk-free.
Minimum Deposit
For example, in-depth investing tutorials can walk newbies through the platform. In terms of trading costs, Videforex is also quite an expensive option. For instance, there is an average spread of 1.5 pips, and an account fee of $1 for forex trading. For CFD trading, the spread is variable and based on market conditions. While trading in a demo account, you can develop hands-on experience.
There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Note also that VideForex does reserve the right to charge $10 per month for each and every month wherein the client has not executed at least one trade. To avoid this charge, be sure that you do enter into a least one position monthly.
There is no maintenance or registration charge when you sign up for an account. However, if you do not make at least one trade a month, you will be charged $10. The company https://www.day-trading.info/the-best-day-of-the-week-to-buy-stocks/ behind the brokerage, Involva Corp, is registered in the Marshall Islands. This feature is excellent for new investors or people who prefer a passive investment style.
Customer Support & Help
Videforex offers binary options and leveraged CFDs on major, minor and exotic currency pairs, a dozen cryptos including Bitcoin, plus commodities like gold. You can also trade major indices like the Dow Jones 30, S&P 500, and FTSE 100 (CFDs only). Over the past five years, he has gained experience trading currencies, stocks, options, and futures. Theo’s trading experience led him to test out over one hundred different trading services and he shares his insights in reviews to help other traders.
Technically, it is live video chat support, but do not expect to sit down face-to-face with an agent. As such, we highly recommend using a demo account if you are considering trading with this FX brokerage. Videforex offers services in multiple countries and supports different payment methods.
Videforex offers retail clients trading opportunities via their proprietary web trader and mobile application platform. VideForex is an offshore FX broker that has been in operation since 2017. Based in Seychelles, this broker operates as part of the Vanuatu-based Finance Group Corporation. Like some other trading brokers, Videforex also offers its clients leverage trading. Under the leverage trading process, the traders can borrow capital from the broker to enhance their buying potential.