Instead, traders should look for brokers that are regulated by well-known and respected authorities, such as the FCA in the UK, ASIC in Videforex Broker Overview Australia, CySEC in Cyprus, or NFA in the US. Trading with such brokers exposes traders to a high level of uncertainty, insecurity, and potential fraud. Therefore, it is strongly advised to avoid trading with unregulated brokers like Videforex. The lack of regulation poses a significant risk for traders who choose to trade with Videforex. The broker allows traders to access a wide range of markets, including currencies, stocks, indices, commodities, and cryptocurrencies. In this article, we will review Videforex and evaluate its regulation, platforms, tools, education, markets, accounts, and funding methods.
Videforex also places emphasis on live video chat support and a user interface designed to show real-time charts, portfolios, and trade history. With top binary brokers, you’ll see explicit statements about keeping client funds in separate accounts, away from the company’s operating money. You’ll need to source educational materials externally and figure out risk management and trading strategies without broker support. If you’re a beginner looking for comprehensive education or guidance on how to actually trade binary options effectively, you’re mainly on your own. Videforex offers bonus to attract new traders, but we recommend avoiding these as they aren’t serious avenues for generating returns. Compared to top-tier brokers, Videforex offers decent speed and a wide range of payment methods.
However, as with any online broker, there are also some potential drawbacks and risks involved in trading with Videforex. Our latest article provides an in-depth review of EXANTE, a broker known for its user-friendly platform and strong customer support. By identifying top-performing traders within the Videforex community, you can allocate a portion of your funds to follow their trades automatically. For those seeking to gain hands-on experience before committing real capital, Videforex offers demo accounts with virtual funds. As a reputable online broker, Videforex prioritizes providing a seamless and secure trading environment. Navigating the intricate world of financial markets can be overwhelming, especially for novice traders.
Funding options include Bitcoin (BTC), Tether (USDT TRC20), and credit/debit cards. From the trading symbol list, users can explore and expand the tradable instruments by clicking the plus icon to include more assets across currency pairs, commodities, and indices. Traders can also track market sessions and select custom timeframes to suit their preferred trading windows. Users must make the highest number of trades in a week.
Since its inception, Videforex has aimed to create a user-friendly trading environment, making it accessible for both novice and experienced traders. Videforex primarily serves retail clients from various regions, providing them with access to a wide range of financial instruments and trading opportunities. Now that you understand the platform’s features, fund your account using Videforex deposit and withdrawal methods such as VideForex TRC20 deposit, which we covered in VideForex tutorial . VideForex trading platform is a powerful interface that allows traders to choose between 3 chart types, including Tick, TradingView, and candlestick charts. However, more experienced traders or those seeking greater regulatory security might prefer other platforms that offer better protection and more advanced trading tools.
4000+ client accounts have been opened and the brokerage has processed close to $500,000 in withdrawals. TradingFinder.com offers information for educational purposes only and is not responsible for any financial losses or decisions made based on its content. “Trading Finder,” with its experience, aids traders and investors in gaining a correct understanding and deep learning. Key drawbacks include lack of regulation, no support for MetaTrader platforms, and non-withdrawable bonuses.
To initiate transactions, log in to your Videforex account and visit the “Cashier” section. Each account type has its own advantages and disadvantages and requires different levels of investment and risk tolerance. Options provide flexibility in terms of risk management and offer potential for profit through various strategies, such as buying call or put options or employing complex options spreads.
Additionally, there are other brokers with longer track records that might be worth considering as alternative options. Therefore, clients should carefully consider their trading goals and needs before choosing an account type. Clients can contact the live managers via the platform or the app and ask any questions or doubts they may have about trading or the platform.
Since its launch in 2017, the popularity of the CFD, forex, and binary options broker has grown. The platform offers direct access to deposit and withdrawal functions through “Add Funds” and “Withdraw” buttons, streamlining account funding processes. By offering options across these markets, Videforex enables traders to enjoy flexibility and diversity, allowing them to speculate on market movements while controlling their risk and reward. Videforex offers a variety of markets for its clients to trade on, including forex, CFDs, and options. The platform also offers various tools and resources to enhance the trading experience and performance of its clients. The platform features regular CFD and options trading, direct deposit and withdrawal via the app, and a 60-second trading option.
Videforex’s customer support team is generally knowledgeable and helpful, providing prompt and professional assistance to traders. The live chat feature is the quickest and most convenient way to get in touch with the customer support team, as traders can expect a response within seconds. Traders can contact the customer support team with any questions or issues they may have related to their trading account or the platform itself. Videforex offers a range of trading assets across several financial markets. Videforex offers a demo account, mobile trading capabilities, and competitive fees and commissions.
It also explains certain internal mechanics such as bonus rules, margin call triggers, and trade features like rollover and double up. That said, an important point is that Videforex does not clearly present evidence of being regulated by a major financial authority. Platform testing is conducted on modern devices, including MacBook Pro laptops and the latest version of Google Chrome, as most binary brands use web-based platforms.
However, maximum leverage levels reported may vary based on source and might also depend on account type, regulatory jurisdiction, or recent platform updates. Videforex does not withhold taxes on account transactions; responsibility for tax compliance rests with account holders. Although relatively new in comparison to its competitors, it has rapidly gained popularity among traders.
The fraudulent broker VideForex began operating in the binary options market in March 2018. This trading broker is designed in a way that it can correctly meet the needs of investors and traders present at all levels. The better customer care service of Videforex distinguishes it from other trading brokers that do not have this effective service. While VideForex is primarily geared towards servicing novice traders, they do offer three different account types that reward traders who make larger deposit amounts. However, due to its unregulated status, potential clients should be aware of the risks involved in trading with Videforex, especially in regions where regulatory oversight is stringent.
The minimum trade amount is just $0.01, making VideForex highly accessible for beginners or those testing strategies. Yes, their support is available 24/7 and you can contact them via live video chat, phone call and Faq. 20, 50, 100% deposit bonuses are Videforex promotions. No, VideForex does not accept traders from the United States due to legal restrictions.
I’ve been with VideForex since 2020 and they have no respect for their traders. Like they’ve added this pool feature where you trade against other traders and payouts can be 1500%!!!! If you have traded with Videforex we would really like to know about your experience – please submit your own review. Compare Videforex with any other broker by selecting the other broker below.