The platform is not required to be downloaded or installed and is accessible from anywhere in the world. 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 platform comes complete with a basic charting package where traders can conduct basic technical analysis with a few key technical indicators, time frames, and chart types.
Videforex platform features:
This depends on the payment method uses and can be anything from an instant withdrawal or it may take up to several days, as the case may be with bank transfers. The homepage features a banner that claims that the broker is regulated, although no mention of regulation can be found on the website. Videforex warns that margin trading involves the potential for profit as well as the risk of loss.
- All in all, Videforex has a few shining features, although these have a mixed audience, based on our Videforex review above.
- Although the interface took some getting used to, it wasn’t very intuitive or user-friendly compared to other trading platforms I’ve used.
- When you’re ready to withdraw your funds, Videforex boasts a withdrawal process that takes less than an hour in most cases!
- If you want to open an account with Videforex, you can do it in just a few seconds.
- If you have traded with Videforex we would really like to know about your experience – please submit your own review.
- Simply share your link with a friend, and you can get 20% of the amount that they deposit.
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It sticks to stringent security standards to help its customers stay away from security breaches and online fraud. It accepts traders from almost all the countries except the USA. It allows the traders access to numerous assets so they can unlock new possibilities in the market.
Over the past five years, he has gained experience trading currencies, stocks, options, and futures. Theo’s trading experience led him to test out over one hundred different trading services and he shares his insights in reviews to help other traders. Regarding payment methods, Videforex does not charge extra fees in the case of digital currency deposits, but there is a 5% transfer fee for Visa and MasterCard payments. This payment structure also applies when you want to withdraw money, and the withdrawal request for your own money is guaranteed in one hour.
Capitalix
They need to take down that lie on their site that says “withdrawals in 1hr” It’s a LIE!!! The Investing Brokers team have over 15 years of experience in the online brokerage industry and are committed to providing reliable information for all of the brokers that we review. Videforex is an unregulated online broker located in the Marshall Islands, a location that is very popular among offshore brokers. If you are not familiar with the risks of using an unregulated online broker, you may want to check out GKFX or FP Markets instead. If this information is correct, then we can deduce that the 100+ assets are comprised of currency pairs, stocks, and cryptocurrencies.
Does the Videforex trading application follow the KYC process?
The Videforex trading platform is designed to meet the needs of investors and traders of all levels from all over the world. Nevertheless, the services of this international brokerage firm are not accessible to the US and a few regions of Asia and Europe. 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. If you are a day trader, you need to know that Videforex has sophisticated day trading.
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 is transparent about its registration details and company information, thereby allowing us to have confidence in the company for offering an excellent quality financial product. Their customer support team is knowledgeable and efficient, thus enabling you to navigate your trading experience with confidence. The support team also offers help in multiple languages, catering to a diverse clientele base. You can easily find the list of supported languages in the drop-down box within the chat window. For example, let’s assume that a company ABC’s stock price currently trades at $24.
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. The platform features regular CFD and options trading, direct deposit and withdrawal via the app, and a 60-second trading option.
- This includes pros, cons and an overall rating based on our findings.
- It offers a full suite of tools and features and is a good supplement or alternative to the desktop solution.
- The platform offers competitive features such as a low minimum deposit, user-friendly interface, and a variety of financial instruments.
- This means you can take advantage of the price movements in stocks, commodities, indices, and more, without owning the underlying asset.
- Not only do these contests help you get hands-on experience, but they also bring attractive cash rewards.
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However, the broker is not regulated by a reputable authority and therefore UK traders deposit at their own risk. 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. This is not applicable to Videforex as there is no indication that a demo account is offered. There is no indication that Videforex offers videforex reviews the option for a demo account.
Furthermore, with a variety of online trading accounts as well as simple setup and usage, this broker is appealing to both novice and experienced traders. The Videoforex app is one of the best trading platforms in the market to offer the special convenience of permitting trade from anywhere or anytime. The support and features that come with this application simplify trading for beginners as well as experienced. Instant trade execution and withdrawals, besides several perks, enhance your trading experience in no time.
The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds. 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. These methods are Visa or MasterCard debit or credit cards, Bitcoin, Altcoins, and Ethereum.