For instance, traders can participate in the global markets by trading over 15 forex currency pairs, 9 commodities, over 80 stocks, and 13 market indices. While this may not be as many assets as some trading brokerages, it is quite substantial for novice traders which is the market VideForex is going for. However, it is somewhat disappointing that VideForex is not offering CFD cryptocurrency trading pairs as most new online trading brokerages of this kind are. VideForex is an international online trading brokerage that provides traders with the opportunity to trade a broad range of CFDs and binary options on an array of financial instruments. The brokerage is owned and operated by Vide Projects Ltd which is a division of Financial Group Corp, an international financial services company who owns numerous online trading brokerages.
However, they do not provide services to traders from the US and parts of Europe and Asia. VideForex does however offer their services in multiple languages including English, Russian, Spanish, French, Dutch, and Thai languages. 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 what skills are required to work with help desk system and how to trade binary options.
In conclusion, Videforex is an online broker that offers forex and binary options trading on a variety of markets, such as currencies, stocks, indices, commodities, and cryptocurrencies. The broker provides a user-friendly and innovative trading platform that features live video chat support 24/7. Videforex also offers various tools, education, and account types to suit different trading styles and preferences. The broker claims to provide fast and secure funding and withdrawal methods, as well as guaranteed withdrawal processing within one hour. However, Videforex is not regulated by any reputable authority, which raises some concerns about its credibility and safety. Therefore, it is important to weigh the pros and cons of trading with Videforex before making a decision.
Videforex does not permit its clients to use features like forex expert advisors. In addition, it is incompatible with several tools and indicators. 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.
Yes, but you need to make a deposit first and contact customer support to get your demo account credentials. Both beginners and experienced traders can compete, as all accounts automatically participate. XLibre is a multi-faceted platform offering diverse financial instruments – forex, commodities, indices, shares, and cryptocurrencies. Videforex warns that margin trading involves the potential for profit as well as the risk of loss. The Homepage features a Live chat which offers the option for a group or a private chat but when selecting the option, it merely redirects to the option to open an account. Brokers often cap bonuses above a certain level and there are strict terms and conditions involved with white label crypto exchange software these bonuses.
This effectively allows you to borrow money to strengthen your position. Importantly, it can significantly increase your profit potential. Since its launch in 2017, the popularity of the CFD, forex, and binary options broker has grown. 4000+ client accounts have been opened and the brokerage has processed close to $500,000 in withdrawals.
This makes Videforex a strong contender for newbie day traders or those that want live support a few clicks away. The broker’s complete range of assets is available, from cryptos and stocks to binary options and forex. In addition, users can view their trading history, make deposits and withdrawals, and execute orders at the click of a button. Videforex offers 24/7 trading on popular markets, including forex, commodities, and cryptocurrencies. The broker also offers guaranteed withdrawals in less than an hour and live video support to assist users.
Your account needs to be funded through the accepted payment method. Remember that choosing a broker that charges too low or high might put you in danger. When a broker charges too little, it might not offer better and more reliable services.
We aim to help you find the best broker according to your own needs. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. If you have traded with Videforex we would really like to know about your experience – please submit your own review. This average customer rating is based on 3 Videforex customer reviews submitted by our visitors. Keep in mind though, Videforex is unregulated, and we always recommend caution before trading with unlicensed providers.
The funds will be available for trading immediately, once we receive a confirmation from payment system. As always, there are terms and conditions surrounding bonuses, so please be sure to read through those completely prior to accepting a deposit bonus on your account. 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 warns potential customers that Forex and CFDs trading carries a high risk and may not be suitable for all investors. This involves the trading of gold, silver, and other precious metals as hard commodities that are contract-based tradable.
Here, select your preferred payment method and follow the on-screen instructions. Processing times may vary depending on the method and network involved. If you have experience trading with Videforex please share your personal review of the broker and what you think are strong and weak points. It’s worth noting this means Videforex is not regulated by CFTC, like most US brokers, which is why you can’t partake in day trading with Videforex if you are from the USA. Videforex uses a 3D secure money transfer and SSL certified 256-bit funds processing.
Additionally, there are other brokers with longer track records that might be worth considering as alternative options. For more choices, we recommend you to check out our trading broker reviews. Videforex is an online broker that offers forex and binary options trading on a variety of assets, definitions of long short bullish and bearish such as currencies, stocks, indices, commodities, and cryptocurrencies.
Opt for leveraged CFD cryptocurrency positions, and the fee can climb to 5%. A useful extra feature is social trading, also known as copy trading. This allows you to learn from experienced and successful traders, enabling you to copy the trades of high-earning investors.
Each broker has its own preference in which platforms it supports and often brokers offer the use of their own proprietary trading platforms. 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.
Where withdrawal fees are concerned, Videforex charges a 5% transfer fee when Credit/Debit cards are used. When evaluating brokers, the ease with which deposits and withdrawals can be made is another imperative factor to consider. Traders, despite their trading experience and investment size, should be provided with the same benefits.
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