Videforex Review: Is Videforex Legit or A Scam?

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. The platform features regular CFD and options trading, direct deposit and withdrawal via the app, and a 60-second trading option. Additionally, clients have access to their account and portfolio information through the platform.

The broker offers live video chat support, which you can access directly from the homepage. This makes Videforex a strong contender for newbie day traders or those that want live support a few clicks away. Videforex excels in offering live video chat support right from their homepage.

All accounts grant traders access to the proprietary Videforex web and mobile trading platforms, alongside additional tools like copy trading and educational resources. 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 shines with weekly contests, promo codes, and a custom trading platform. Live video support enhances the experience, making it appealing for both new and seasoned investors.

But I hate how it feels really gamified with bonuses, so-called mystery boxess, competitions and the like. I just want to focus and trade but feel like they’re often trying to distract me with gimmicks. Like they’ve added this pool feature where you trade against other traders and payouts can be 1500%!!!!

It will take liquidity and external markets for the underlying financial instrument into account. Deposits process instantly, while withdrawals may take up to an hour. All the services on the TopForx.com website are free for you to use. Cybersecurity-related crime is an ever-present threat to online traders; so, some brokers implement high-security protocols to ensure their customer’s safety as well as their own. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews.

Trading Conditions

• Being a client oriented broker, we were not surprised to find that Videforex does provide their clients with a mobile version of their web platform.
• For traders with some trading experience, Videforex has provided them with the Silver trading account.
• Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications.
• For beginner traders who are just starting out, there is the Bronze account.
• Trading is easy for both beginners and seasoned investors, with tutorials and tick and candlestick charts available.

For the benefit of beginner traders, Videforex has also provided them with an educational section that comes with streaming video lessons. These video lessons cover trading basics which are designed to give beginner traders a footing on how to trade binaries. Opening your trading account at Videforex is quite a straightforward process.

Is copy trading on VideForex beginner-friendly?

VideForex belongs to “Involva Corp”; This broker has 3 accounts Bronze, Silver, Gold with master class webinars and personal success managers available. Minimum deposits in this broker are $50 and maximum returns are 95%. All content on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions. DayTrading.com may receive compensation from the brands or services mentioned on this website. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with.

Deposits & Withdrawals

Range trading involves identifying key support and resistance levels and placing trades within this range. Traders buy at support levels and sell at resistance levels, taking advantage of the predictable price movements within the range. While VideForex deposit bonuses can provide a nice boost to your trading capital, it’s important to read the terms and conditions carefully. Start by visiting a reputable broker directory like TradingFinder.

Platforms & Tools

For example, there is no economic calendar, forex heat map or online trading forum and tutorial. As a result, veteran traders may want to consider alternative providers. The lack of regulation poses a significant risk for traders who choose to trade with Videforex.

It lets you trade stocks, indexes, cryptocurrencies, forex, and commodities through binary options and CFDs. Plus, they have tools for analyzing the market and contests for improving your trading abilities. From our observation of Videforex during the course of our review of its services, we were quite impressed with what this young broker has to offer to its clients. As such, when we take everything into consideration, our conclusion is this broker is most definitely worth trying out. For traders with some trading experience, Videforex has provided them with the Silver trading account.

• We provide expert-written reviews and in-depth guides to the best forex and binary options brokers online.
• Funds typically become available for trading immediately upon confirmation from the provider.
• The binary broker provides access to a demo account in addition to its real accounts.
• However, the depth of educational content is basic compared to dedicated learning platforms.
• Not every online broker offers this, making Videforex a good fit for those with limited time or changing schedules.

Please note, some markets may only be available via CFDs or other derivatives. Compare Videforex with the top 3 similar brokers that accept traders from your location. 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 Regulation

In addition, the browser-based solution comes with a selection of technical indicators and an Best high yield dividend stocks intuitive market insights tool. Videforex is a trading platform established in 2017, providing access to various financial instruments including binary options, CFDs, forex, indices, commodities, and cryptocurrencies. Although relatively new in comparison to its competitors, it has rapidly gained popularity among traders. Videforex has tempting weekly contests, promo codes, a bespoke trading platform, plus live video support. In addition, with several online trading accounts, straightforward setup and use, this broker is an attractive proposition for both beginners and experienced investors.

This simulated environment, offering $10,000 of virtual credits, is exactly similar to the real account with the same functions and options in the platform. Videforex is considered a good broker for its high number of payment methods, 24/7 market access and reliable customer support. However, the lack of assets to trade, regulation and platforms could be red flags for some. VideForex offers trading in over 100 assets, including forex pairs, stocks, indices, commodities, metals, and cryptocurrencies.

Compare Trading Instruments

Videforex claims to provide a user-friendly and innovative trading platform, as well as various tools, education, and account types to suit different trading styles and preferences. However, as with any online broker, there are also some potential drawbacks and risks involved in trading with Videforex. Therefore, it is essential to conduct a thorough and objective review of the broker before deciding to open an account and invest your money. In this article, we will review Videforex and evaluate its regulation, platforms, tools, education, markets, accounts, and funding methods. We will also provide our verdict on whether Videforex is a scam or a legit broker to trade with.

The platform is easy to set up and use, offering multiple online trading accounts. However, remember that Videforex is unregulated, so exercise caution when trading with unlicensed providers. Recognizing the fact that there are different traders with different levels of trading skills, Videforex has provided a selection of 3 different types of trading accounts.

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.