Upon using the platform for the first time, it’s evident that it is intuitively designed and great for beginner traders. The platform keeps things very simple and features everything a trader needs to competently trade CFDs and binary options. The VideForex trading brokerage was founded in 2016 and is based offshore in the Seychelles. Videforex is a top-rated CFD, forex and binary options broker. Our review covers everything you need to know about the online trading platform, including the sign-up and login process, plus how to deposit and withdraw.
- Everyone who trades on VIDEFOREX is automatically registered in the tournament.
- Whether new to the trading world or not, read this article to get an in-depth insight into Videforex and its features.
- Once you have made a deposit, you gain access to a Videforex demo account.
This is because compared to standard trading, the risks are magnified and you can stand to lose more than just your initial deposit, which could be money you can’t afford. Upon creating an account, VideForex will welcome you with a promo code that you can use to get three to five risk-free trades. However, not all promo codes entitle clients to the same bonus. They usually expire after 45 minutes or an hour, depending on the time limit given to you.
Videforex Review (2024 Update)
What’s better is that you can trade through different trading platforms. If you are searching for a reliable broker that offers the best trading service, you must choose Videforex. It’s an excellent choice for traders from all around the world. This trading broker is considered the best for beginners, but professional traders also like using this broker.
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. Additionally, there are other brokers with longer track records that might be worth considering as alternative options.
Similarly, if a broker charges high, it might sting your profits. Traders pay the brokerage or commission charge for selling or purchasing an asset. As Videforex is a trusted platform, it charges a small convenient commission fee. You can consider this charge a fee you pay for trading through the platform. You can always use the web-based service if you do not find the mobile app Videforex trading comfortable.
The amount of virtual money you have will be determined by how much you deposit into your trading account. Dealing with unregulated brokers can be very risky because there isn’t a regulatory authority to hold them accountable. If you have to trade with VideForex, you should expect anything. golang curl Otherwise, find another brokerage provider that is well-regulated and adheres to regulatory guidelines. VideForex offers research & education resources through their parent company. Traders are issued with top trading tools, personal account managers, and advanced market analysis.
To jumpstart your career as a trader, you have to choose the right broker that has everything you need to know. In this review, we will be focusing on one of your potential brokers, VideForex. Here in our review, you will get to know the company as a whole and read about its features and how it works. Trading platform is a https://forexhero.info/ tool where you can buy or trade an instrument with only some clicks on your device,anytime and anywhere you want. Videforex fees vary depending on the instrument being traded. As per the broker’s terms and conditions, opening an unleveraged cryptocurrency CFD position will face a charge of 1–2.5% of the transaction value.
VideForex Review
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. They support multiple languages to make sure that all their clients will be able to get the support they need. Winners are chosen based on the number of trades executed each week. You can see a complete list of winners in the past and active trades on the “Contest” tab.
It’s best if you exercise caution when trading with this broker. Clients can also take screenshots of their charts by navigating towards the top left portion of VideForex’s platform and accessing Charting Tools. Further chart customizations can also be made for its style, scales, background, and timezone to fit your preferences. Options traders will also be glad to find out that they could switch to candlesticks charts which will be discussed below. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information.
FAQ – The most asked questions about Videforex :
Keep this in mind when swing trading as costs could erode margins. Videforex offers leveraged trading on major, minor and exotic currency pairs. The Videforex platform is also weaker than the industry standard. Videforex follows standard office hours and 24-hour trading hours Monday-Friday.
The top four traders get $20,000, while the rest get trading bonuses or gadgets. VideForex has a live chat trading feature that is open to all their clients. Here, you’ll have the freedom to speak to any of the online representatives. You can see a full list of the supported languages on the drop-down box found in the chat window.
Minimum Deposit
Additionally, clients have access to their account and portfolio information through the platform. VideForex provides novice traders with an exceptional online trading experience with a personalized level of support that boosts the trader’s confidence and ability to trade. The trading platform featured by VideForex is very simple yet sophisticated enough to competently trade CFDs and binary options on a variety of financial assets. The brokerage may not be licensed or regulated, but they have thus far proven to be a reliable and competent online trading broker.
Furthermore, the clients of Videforex can participate in the competition and win huge rewards. 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. Whether new to the trading world or not, read this article to get an in-depth insight into Videforex and its features. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with.
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. Public finance is the way a country manages its money, which includes handling income, spending, and debts through various government institutions. This guide provides a straightforward overview of how public finances work, helping you understand their important role in contributing to the economy.
Finally, this broker offers binary options trading, which is a rare feature compared to other forex brokers. Videforex offers a mobile app compatible with both Android and iOS. Launched in 2017, Videforex offers access to stock, index, crypto, forex and commodities markets via binary options and CFDs. Videforex has a straightforward platform and quick sign-up process that will appeal to new swing traders. The broker also offers promotions and bonuses, 24/7 video chat and several funding methods.
The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose. In conclusion, if you are careful and know how to manage your funds properly, VideForex can help you increase your profit.
Trading Conditions
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. Videforex offers a variety of markets for its clients to 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. Options trading are available on VIDEFOREX in four asset types.
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