One of the best Brokers in the Industry

Opt for leveraged CFD cryptocurrency positions, and the fee can climb to 5%. No, VideForex does not accept traders from the United States due to legal restrictions. Users have videforex the option to receive “Daily Signals” from the broker; it can be enabled through the notifications settings in the personal cabinet. Traders can also track market sessions and select custom timeframes to suit their preferred trading windows.

Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives. Participating in financial markets involves high risk, which can result in the loss of part or all of your investment. Specify options trading type; Turbo (5 seconds to 30 minutes), Intraday (1 hour to 24 hours), or Long Term (up to 1 month).

By clicking on the button next to the trading symbol, have the option to choose between Tick, Candlestick, or TradingView charts. Nonetheless, VideForex does not offer extra educational resources such as trading signals and trending market news. VideForex offers fixed spreads with the average for the EUR/USD pair currently standing at two pips. The platform charges a swap fee of 0.07% of the face value of the position to hold a position overnight.

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Beginner traders mostly prefer brokers with an affordable minimum deposit requirement. VideForex offers a minimum deposit of $250 which is somehow higher when compared to brokers of its category. VideForex offers three types of trading accounts namely Bronze, Silver, and Gold. The minimum deposit for the Bronze account is $250 while that of Silver and Gold is $1000 and $3000 respectively. I have personally used around five binary platforms and Videforex is the one I enjoy using the most because the web platform takes seconds to open and load and you can place trades in one click.

Trading Accounts

Aside from these two extras, it would seem the only other tools would be those within the trading platform. Videforex is one of those brokers that does not have any form of regulation. The broker is operated by Vide Projects Ltd, a company registered in Seychelles, an offshore jurisdiction that does not regulate forex or binary options trading. This means that Videforex is not subject to any audits, inspections, or compliance checks by any authority. It also means that the broker can set its own terms and conditions, fees, and policies without any transparency or disclosure. But while these are useful features, there is a lack of advanced trading tools for account holders.

VideForex Advantages and Disadvantages

Oddly enough, VideForex does not show bank wire transfer in the list of accepted withdrawal methods, but this could just be an oversight. The costs appear to be the same as above, with a 5% fee on credit card transfers, but we’d advise that you confirm this with a support agent. We did note two items within the user agreement that we felt were worth sharing.

How do I deposit and withdraw funds on the VideForex platform?

All in all, we would highly recommend VideForex to beginner and novice traders around the world. VideForex has followed the exact layout of its other web properties, where the accounts are categorised into three distinct packages. The cheapest account is a Bronze account, which has a minimum deposit requirement of $250, but you get access to a free demo account, copy trading tool, and the basic account features. The Silver account should offer access to better services such as a personal success manager and an informative masterclass session, but the minimum investment is $1000. 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.

These revenue streams allow us to remain financially independent of advertisers, enabling us to provide all services with maximum transparency. Among the financial service providers, there are fraudsters that we promptly report. Feedback and rankings from authoritative sites like “Trustpilot” on the TradingFinder website assist all traders.

Trade Execution Panel

• VideForex is a Seychelles-based Forex broker that is owned by Vide Projects Ltd., a standalone company that is operated by the Finance Group Corp.
• Additionally, clients have access to their account and portfolio information through the platform.
• New clients are asked to submit an initial deposit in the amount of $250.
• But while these are useful features, there is a lack of advanced trading tools for account holders.
• A few negative reviews have also been reported as well as some customers referencing withdrawal issues.

The trading platform integrates binary options, Forex, and CFDs in a single, responsive terminal. With support for multiple chart styles, real-time indicators, and algorithmic trade execution, it provides a flexible environment for diverse trading strategies. VideForex headquarters are in the Marshall Islands, and more than 100 assets are available to trade. VideForex withdrawals are processed within 2 hours, and besides all of that, VideForex binary offers three deposit bonuses 20, 50, and 100%. One of the most important decisions you can make as a trader is to choose a reputable trading brokerage that’s right for you. While there are numerous viable online trading brokerages out there to choose from, it can still be difficult knowing which one is right for you.

• Traders should check their funds are confirmed before entering a transaction.
• All content on this site is for informational purposes only and does not constitute financial advice.
• VideForex has managed to acquire close to 5500 active users since its launch in 2017, with a monthly transaction volume of close to $5 million.

The Videforex mobile app is a user-friendly trading solution for Android devices. It offers a full suite of tools and features and is a good supplement or alternative to the desktop solution. VideForex is a company that has ventured into the world of Forex and CFD trading to try their hand at one of the largest financial products in the market. Forex and CFD trading is a large legal activity across the world, but there may be some regulatory restrictions that vary from country to country.