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. The trading instruments available at VideForex are stocks, currencies, commodities and indices. I’ll show all the details of each instrument in this part of the Vidforex review.
Demo Account
2023 also saw Videforex expand its suite of OTC assets with payouts up to 95% and trading opportunities on popular global markets. Contests are a great source of motivation to both new and expert traders and so it’s a good point to be included in the broker services. And in this Vidforex review, I’ll break down the details of the contest and rewards offered by Vidforex. 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.
- The company headquarters are in Edinburgh, Scotland, and is renowned internationally for offering competent trading services.
- Videforex is an unregulated broker which offers extraordinarily little information on critical factors that traders must consider when evaluating brokers.
- Nevertheless, to begin trading, traders need to make a certain minimum deposit.
- Here, the spread is not fixed but a dynamic spread type with specific instruments.
- The Videforex ‘Contact’ section offers the option of completing an online contact request.
Key Features of Videforex
Participating in financial markets involves high risk, which can result in the loss of part or all of your investment. There are no guarantees or specific guidelines to prevent losses. The binary broker holds weekly contests among traders with 20 winners. 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.
The Silver Account
Feedback and rankings from authoritative sites like “Trustpilot” on the TradingFinder website assist all traders. The minimum trade amount is just $0.01, making VideForex highly accessible for beginners or those testing strategies. However, profitability on such small trades is limited due to spreads and fees. Yes, their support is available 24/7 and you can contact them via live video chat, phone call and Faq. The Videforex dashboard serves as the operational hub for traders, integrating essential features such as account switching, fund transfers, trading stats, and security preferences. By navigating to the Forex & CFD section, traders gain access to position management tools including leverage settings, stop loss, and take profit configurations.
Forex.com Review
Even when viewing the trading assets, the broker does not provide any information. When evaluating brokers, the ease with which deposits and withdrawals can be made is another imperative factor to consider. Brokers often cap bonuses above a certain level and there are strict terms and conditions involved with these bonuses. Bonuses are often offered as trading credit which can be used and of which profits can be withdrawn. On the downside, the deposit required to unlock all the benefits of a Gold account is high.
Markets, Products, and Instruments
It is done to assist the clients from the accepted countries correctly. To initiate transactions, log in to your Videforex account and visit the “Cashier” section. Here, select your preferred payment method and follow the on-screen instructions. Processing times may vary depending on the method and network involved. Additionally, VideForex has a minimum withdrawal amount of not less than $50.
With this, it is clearly evident that the company is trying its best to gain a strong foothold in the competitive Forex and binary options trading industry. All-in-all, when it comes to financial assets, Videforex is a standout option. Despite being a relatively new entrant in the trading industry, Videforex had established a name for itself. It offers traders an opportunity to trade on several dozen of financial instruments. The company headquarters are in Edinburgh, Scotland, and is renowned internationally for offering competent trading services.
- We only recommend trading with an authorised company, and we would not endorse any broker that does not provide a registered address and proof of regulation.
- Videforex also offers attractive bonuses, fast withdrawals, and trading contests for its clients.
- Customers can choose to access VideForex’s web-based platform via their Android and iPhone devices.
Trade with a Regulated Broker
Traders are offered bonuses of up to 100% of their initial deposit. 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.
Start by visiting a reputable broker directory like TradingFinder. Locate Videforex in the list of binary options brokers and click “Go to Website”. Not every online broker offers this, making Videforex a good fit for those with limited time or changing schedules.
Downloading the Videforex app is reliable, faster, and accessible. Overall, considering all aspects, this bespoke trading broker is worth trying out. Being a web-based platform, Videforex limits you from using certain system features, like forex expert advisors. Likewise, it also exhibits videforex trading incompatibility with several other tools and indicators.
A demo account provides you with a risk-free environment to try your hands on trading strategies, broker’s offerings, and potential risks using virtual capital. Alternatively, a live trading account is for experienced individuals who can analyze risks and execute accurate trades while keeping their real capital stake. The last account type, i.e., the Gold account, is for professional traders who want to build a significant career in binary options trading.
