This average customer rating is based on 4 Videforex customer reviews submitted by our visitors. Compare the markets and instruments offered by Videforex and its competitors. Please note, some markets may only be available via CFDs or other derivatives. Keep in mind though, Videforex is unregulated, and we always recommend caution before trading with unlicensed providers. Another perk is the Rollover tool which lets traders increase positions up to 100% of the selected timeframe on the first use.
4000+ client thinkmarkets broker review accounts have been opened and the brokerage has processed close to $500,000 in withdrawals. Videforex values long-term relationships with their clients and offers loyalty rewards to traders who consistently use their platform. These rewards can include cashback, reduced trading fees, and other perks. With your account funded, you can begin analyzing markets and executing trades.
VideForex Account Opening and Trading Process
While the broker might be a credible trading platform, they are closely run by other offshore brokers making them unreliable. For this reasons, we recommend that you take extra precaution when opening an account with them. This trading platform offers a 100% deposit bonus on the first deposit. Before registering with this platform, you must go through the terms and conditions to get a clear idea of how this broker works. As a trader, you are required to use comprehensive trading tools to increase your chances of winning a trade.
- The range of digital currencies is fairly narrow vs alternatives but major tokens like Bitcoin are available.
- Under the leverage trading process, the traders can borrow capital from the broker to enhance their buying potential.
- Ideally, these charges tend to vary from account to account so that traders can choose one as per their needs.
- The exact amount of the bonus depends on your initial deposit.
In addition, with several online trading accounts, straightforward setup and use, this broker is an attractive proposition for both beginners and experienced investors. Videforex may be more suitable for experienced and successful best way to trade forex profitably traders, thanks to the high minimum deposit, and lack of education and guidance. There are three account types that clients can choose from, Bronze, Silver, and Gold. Each of these accounts has its own perks and minimum deposits.
Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Turbo allows clients to set trades that expire within the next 30 minutes, while Intraday orders expire when the day ends. On the mt4 vs mt5 other hand, clients may choose to execute Long Term positions that expire within the next month.
Is Videforex A Regulated Broker?
Again, no additional details were provided about how or when to access this class. Aside from these two extras, it would seem the only other tools would be those within the trading platform. Additionally, the binary options trading platform has some mouth-watering bonus packages. Traders are offered bonuses of up to 100% of their initial deposit. 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).
As an advanced trading tool, it deprives traders of the opportunity to augment their trading capabilities. Promo terms and conditions are available on the broker’s website. Whether you’re day trading forex, CFDs, or binary options, the bonus requirements are the same. The sleek system makes selecting your financial instrument a hassle-free process.
- All the services on the TopForx.com website are free for you to use.
- If you joined the contest, you could even check your rank anytime.
- The reason behind this is that there are some terms and conditions that apply regarding the charges, so traders must be well aware of them.
- Recently, this platform has also started accepting payments through digital currencies.
- If you have traded with Videforex we would really like to know about your experience – please submit your own review.
What is Forex Trading?
Free demo accounts are available and with this broker, we truly advise that you create one, even if you are an experienced Forex trader. The reason for this recommendation is the fact that far too little trade-related information is provided on the VideForex website. Additionally, since options trading is already considered high risk on its own, clients are not required to trade with leverage. The broker’s complete range of assets is available, from cryptos and stocks to binary options and forex.
Withdrawal speed
Accounts without a bonus must achieve a 100% turnover on the initial deposited amount before a withdrawal is permitted. Accounts with a bonus are subject to a 300% turnover cap before a withdrawal is allowed. If you have experience trading with Videforex please share your personal review of the broker and what you think are strong and weak points.
Best Brokers
Fixed leverage is considered risky and inconvenient to some, if not all, traders. VideForex makes sure that all their clients have what they need. There are video tutorials on how to use the platform so their clients can easily execute trades and navigate their way through the broker’s system. Clients can withdraw their profit via the methods mentioned above. VideForex makes sure to process the withdrawal request instantly, and clients will get their funds within one hour. Although, as previously mentioned, there might be a slight delay if you decide to withdraw during the weekend or public holidays.
This allows you to automatically replicate the trades of successful traders within the Videforex community. By selecting top-performing traders to follow, you can benefit from their expertise and potentially achieve similar results. They can also gain some trading confidence besides experience. Once traders feel they are market-ready, they can start trading with real money.
Videforex is an online trading platform where you can invest in various financial assets such as currencies, stocks, and commodities. Some people claim it’s legitimate, while others worry it might be a scam. In this review, we’ll examine Videforex’s licenses and regulations from trustworthy financial authorities to help you decide whether to proceed with this broker or not.
Assets and leverage
To open an account, UK clients must complete the online registration form. This involves providing identity documents and proof of residence. Traders should select GBP as the base currency when creating an account. All content on this site is for informational purposes only and does not constitute financial advice.
Hence traders need to understand the directions before making any decision. Besides the trading tips, traders can also avail educational services where they can learn about the basics of trading. The traders don’t need to stress while trading here as the platform is well regulated by authorities. The only reason why millions of users love the broker is that it offers several features besides perks. The reason behind this is that there are some terms and conditions that apply regarding the charges, so traders must be well aware of them.
Videforex’s ongoing enhancements, including the addition of candlestick charts for technical analysis, further enrich the user experience. Once your account is verified, log in to your Videforex account and proceed to deposit funds. Videforex offers a variety of payment methods, including credit/debit cards, bank wire transfers, e-wallets like Skrill and Neteller, and cryptocurrencies. Select your preferred method and follow the instructions to complete the deposit process. In summary, Videforex offers a variety of account types to suit different trading styles and preferences.