Videforex Review 2024 Is it a Scam or Legit Forex Broker️
Overall, most people who have worked with the firm seem pretty satisfied with what they have managed to get. However, we have seen some complaints when it comes to withdrawals. If you have correctly filled in all the information, you will get access https://traderoom.info/ to your trading account. Your account needs to be funded through the accepted payment method. If you are a day trader, you can withdraw money in one hour. With Videforex, you can open the possibility of unlimited trading throughout the year.
- A minimum deposit of $3000 is required to qualify for the Gold account.
- Thus, it is clearly visible, the higher you invest, the more trading features you get.
- Videforex is one of those brokers that does not have any form of regulation.
- What is good for a certain trader does not necessarily
mean the same thing to you. - Full account management and copy trading are also available.
Where he refused to give me his surname after I asked him repeatedly to talk with a supervisor he hung up on. But that’s all in the past now when i contacted grand recovery immediately they responded and explained all the benefits i will be getting. I hope it will help someone out there who is already frustrated by this unprofessional attitude.
Trading hours vary by instrument and can be found directly on the trading platform, displayed in GMT. As previously stated, the minimum deposit varies depending on the type of account you choose to start. The minimum deposit for a Bronze account, Silver account & Gold account is $250, $1,000, and $3,000. Traders who use VIDEFOREX do not need to download any additional software. All they have to do is login into their account using their browser, which will instantly access the broker’s web platform.
It gives a huge advantage when traders know the recent economic news or even company background. Having this information lets clients know if a bullish or bearish trade is more favorable. To trade CFDs or Forex, you need to select what you want to buy or sell from the list of asset classes and their respective list of assets. The assets you can trade here include currencies and CFDs for commodities, Cryptocurrencies and crypto pairs, Indices, and Stocks.
Videforex commissions and brokerage charge
It would be a wonder for these times are accurate and for VideForex to actually stick to them, but hey, you never know. If you want to see girls on live cam, go to an appropriate website and you will get your money’s worth. If you want to trade Forex, Crypto, CFD, or Binary, go check our recommended brokers or do your own research and choose wisely. Videforex offers Forex, CFD, and Options trading with more than 100 assets available for trading. However, it seems like the broker is missing the most important, the regulation. Videforex is an unregulated broker which offers extraordinarily little information on critical factors that traders must consider when evaluating brokers.
Videforex review for traders – How good is the broker?
Videforex offers 3 account options; Bronze, Silver, and Gold. All accounts feature 24/7 live video chat support, copy trading tools, and fast withdrawals. Silver and Gold accounts additionally benefit from the first three trades being risk-free, compensated by a trading bonus if negative trading results occur.
What payment method does Videforex support?
This is the ideal place to develop a strategy and get familiar with market conditions using simulated money. Then, when you are confident, you can start putting real capital on the line. This effectively allows you to borrow money to strengthen your position.
We only hope that the intriguing features of the broker platform are still worth your hard-earned money. It accepts traders from almost all the countries except the USA. It allows the traders access to numerous assets so they can unlock new possibilities in the market.
VideForex offers fixed spreads with the average for the EUR/USD pair currently standing at two pips. Compare Videforex with any other broker by selecting the other broker below. Note, there are no third-party platforms such as MetaTrader 4 or 5.
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 pertaining to the spreads that can be expected when trading with Videforex. The lack of education is a great drawback as it would suggest that Videforex does not make provision for beginners who have to learn about trading. Apart from this, there are no other tools or resources provided.
Fees
The least expensive is a Bronze account, which requires a $250 initial payment but gives you free access to a demo account, a copy trading tool, and the fundamental account features. With the minimum deposit of $1,000 plus the 50% bonus, your total funds would be $1,500. The asset classes as CFDs offered by VideForex are currencies, commodities, crypto, indices, and stocks.
I’m just starting to trade on the stock exchange, but first impressions are the most positive. Excellent support service, if you have any questions, they will always help. Videforex is not a secure Forex broker since it does not hold a license from any worldwide serious Forex authority. The homepage features a banner difference between information and data that claims that the broker is regulated, although no mention of regulation can be found on the website. There is no information regarding the commissions which are charged when trading with Videforex. There is a banner on the homepage which claims regulation, but there is no regulation indicated on the website.
Despite offering a lot of assets to choose from, VideForex goes the extra mile to let its clients copy trade their other successful clients. Beginners and those that are interested in passive investing may use this feature so that their capital will be put to good use. Once logged in, the first thing you should do is confirm whether you are using a real or live account. Next, you should decide whether you will trade options or CFDs and forex.
The minimum deposit required to open an FXView Account is USD 50. FXView provides access to 2 different live trading accounts, Raw ECN, and Islamic, Swap-Free. Videforex offers traders a variety of trading accounts that are tailored to the needs and objectives of traders. The policy that the broker has, is that the more is invested, the greater the benefits will be. Depositing funds are usually instant so to ensures that VideForex clients can start trading right away.
The company recommends refering to the trading platform for information on maximum and minimum position sizes. Videforex offers services in multiple countries and supports different payment methods. It is done so traders can quickly initiate a trade from any part of the world.