Videforex offers a variety of markets for its clients to trade on, including forex, CFDs, and options. These markets allow clients to speculate on the price movements of different assets, such as currencies, stocks, indices, commodities, and cryptocurrencies. Each market has its own characteristics, advantages, and disadvantages, and requires different strategies and skills to trade successfully.

Safety and Regulations

To find out more about this broker, make sure you check out the following Videforex review below. As such, we highly recommend using a demo account if you are considering trading with this FX brokerage. Credit cards (VISA/MasterCard), bank wire transfers, Bitcoin, Ethereum, Lite coin, Altcoins, Neteller, Skrill, and Perfect Money are all options for funding & withdrawing your account. If you deposit on weekends or holidays, you may have to wait a bit longer. Although there are no additional costs when adding funds using Bitcoin, Altcoins, and Ethereum, Visa & MasterCard transactions have a 5% charge.

When we used Videforex, we found there is a commission for opening an unleveraged cryptocurrency CFD position. Opt for leveraged CFD cryptocurrency positions, and the fee can climb to 5%. Although VideForex is legally registered as a business, it is among the brokerage companies that are not regulated by any government agency in the Seychelles. VideForex is a legally registered forex broker located in the Seychelles, but not regulated by any government agency.

This platform offers exceptional value by providing a feature-rich proprietary trading interface for both web and mobile—completely free. I have access to advanced tools like streaming data feeds, customizable charting, and intuitive order management without any subscription fees. However, the lack of integration with industry-standard platforms like MT4 and MT5 could be a drawback for traders relying on automated strategies.

Compare Videforex with the top 3 similar brokers that accept traders from your location. When we used Videforex, we found that deposits are processed instantly while withdrawals can take up to one hour. It will take liquidity and external markets for the underlying financial instrument into account.

1. If you want to register with Videforex, you must pay a minimum deposit of $250.
2. However, it is somewhat disappointing that VideForex is not offering CFD cryptocurrency trading pairs as most new online trading brokerages of this kind are.
3. There is no guarantee that the broker will honor its obligations, process withdrawals, or safeguard client funds.
4. Finally, this broker offers binary options trading, which is a rare feature compared to other forex brokers.
5. Here in our review, you will get to know the company as a whole and read about its features and how it works.
6. If you joined the contest, you could even check your rank anytime.

Best Brokers

Most brokers have this requirement set in lots (or micro lots), so the answer was surprising, but not alarming. A requirement of a $1 investment is very reasonable and no cause for concern. Information on the TopForx.com website is for informational purposes only and does not constitute any motive or suggestion for visitors to invest money. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested, and only 11-25% of traders earn a profit.

1. Videforex has an easy-to-understand interface, which is suitable for novice traders.
2. However, the interface could be more intuitive, making quick stock exchanges a bit cumbersome.
3. Videforex is designed to benefit both new and seasoned traders, with features such as a proprietary platform and copy trading opportunities.
4. Traders should open a real account and make a deposit for accessing the demo account.
5. One of the best features for novices is the Copy Trading tool, which you can use to copy master traders.

And the real-time pricing data is clutch for making informed trades on-the-go. However, the app’s interface really lets it down in terms of user experience. The design feels quite dated and unintuitive compared to other trading platforms I’ve used.

Videforex review for traders – How good is the broker?

All the services on the TopForx.com website are free for you to use. You need to register before receiving demo account credentials. All transactions are counted for a trading contest, regardless of the outcome, and the minimum trade amount should be $10.

By accessing TradingView’s full version even while using the one found on VideForex’s platform, you will be able to save new charts or even load existing ones for convenience. All your data is stored in your VideForex account so that you don’t have to add all your drawing tools again. VideForex doesn’t require its clients to download any kind of software to use its platform. Their platform is web-based and can be accessed by using any kind of browsers, such as Mozilla Firefox, Google Chrome, or Microsoft Edge. Since clients do not need to install anything on their personal computer, this saves them the risk of being infected by a malicious virus that might corrupt their operating system.

The first was that any international wire transfer withdrawal will be charged an upfront $50 transfer fee. There is a 5% transfer fee charged on all credit card deposits, where the is no charge on any other deposit method. A deposit request via credit, debit card or via e-wallet will be processed within 3 hours. It can take Videforex up to 3 business days to process incoming bank wire transfers and to verify that the funds have been received.

Subsequently, users can also view which trades have been profitable to them. Important financial tools can be located on the top left of your trading platform, and account tabs will be on the top right. Immediately below this, you will be able to see recent profitable trades that have been made by other clients of VideForex. The asset classes as CFDs offered https://traderoom.info/videforex-a-reliable-broker/ by VideForex are currencies, commodities, crypto, indices, and stocks. However, when it comes to stocks, there are over 50 CFD stocks available.

Here, you’ll have the freedom to speak to any of the online representatives. You can see a full list of the supported languages on the drop-down box found in the chat window. Although you’ll be sending messages on a public group chat, a private chat feature is available for registered clients.

I’ve had nightmares at other brokers waiting days to access my winnings. But with Videforex, I can withdraw and enjoy recent trading successes immediately without the typical holding periods. Like when I pulled out $1,800 cashto buy new patio furniture the same day I closed a lucrative options trade. What sets Videforex apart is their seamless, all-in-one mobile app, which integrates every capability from account funding to complex order structuring.