One of the most important decisions msci world index etf you can make as a trader is to choose a reputable trading brokerage that’s right for you. While there are numerous viable online trading brokerages out there to choose from, it can still be difficult knowing which one is right for you. See below, our in-depth review of the VideForex online trading brokerage and decide if they’re the right broker for you. Videforex does not provide access to any popular platforms like MetaTrader.
VIDEFOREX’s mobile ameritrade forex broker app for iOS and Android is a great trading platform. Regular CFD & Options trading, as well as direct deposit and withdrawal, are all available through the app. This app is completely free, and you can get it on the Google Play Store for Android and the Apple App Store for iPhone. If you’re a newbie to trading, finding the right broker who can guide you through the process is crucial.
Review Methodology
Then they can select the currency pair and click on the buy option. Above all, traders can earn positive returns if they use these tips to trade here. Then, the traders can use either head to the official website to download the software or even google the software.
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Please see a list of regulated brokers for some alternative options. All in all, Videforex has a few shining features, although these have a mixed audience, based on our Videforex review above. Yes, Videforex offers a 20% bonus on bronze trading accounts, 50% for Silver, and 100% for gold accounts.
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These indicators help traders to perform analysis on any trading platform. In addition, the broker offers several trading avenues which come in handy during trading. While VideForex is primarily geared towards servicing novice traders, they do offer three different account types that reward traders who make larger deposit amounts. Professional traders could deposit in excess of $1,000 to open a Silver account. This comes with a master class (web session) included, while the gold account features include a personal success manager, as long as you deposit more than $3,000.
Does VideForex provide Spot Metals Trading?
It offers CFDs on currencies, commodities, crypto, indices, stocks, and Forex, among other asset classes. VIDEFOREX is a forex, CFD, and options broker based how to make money trading currency in the United Kingdom. This broker’s platform is accessible from any device, allowing both beginner and experienced traders to use it at any time and from any location. VIDEFOREX already has over 3,000 customers from all around the world. They also tout a trading volume of over $59 million as well as a total of $ in trader pay-outs.
Is Videforex A Regulated Broker?
- They also boast of a trading volume of over $4 million and a total of more than $450,000 payouts to traders.
- There are various charges available which traders need to pay.
- No traders from the United States are unable to open an account and trade with Videforex.
Here again, we recommend reading the terms and conditions to fully understand the rules. The website claims 95% profits in 60 seconds and obscene sign-up incentives. Videforex’s lack of financial authority regulation should always raise a red signal when picking a trustworthy broker. You can access the platform as it is not regulated by authority, and it is quite risky to use it. Videforex has good offers for new clients but is an unregulated trading service.
I’ll be suing because I want my money and will not accept anything less. Compare Videforex with any other broker by selecting the other broker below. No, the broker isn’t regulated or licensed to operate in the US. As cybercrime is on the rise and online scams prevalent, trusting your broker with your confidential data is important. Click on the link provided in the email to verify your account.
Your account needs to be funded through the accepted payment method. While trading in a demo account, you can develop hands-on experience. You can use this experience for better strategy development and properly understanding the market conditions. After you gain proper confidence with the demo account, you can then start real trading by investing the real money. You can quickly initiate trades from anywhere using the mobile version of Videforex. You can also keep yourself updated with the latest trends in the market with real-time feeds.
The traders ideally don’t need to download any extra software, and they can access it from anywhere across the globe. The traders don’t need to download it, and they can access it from any part of the globe. It is pretty easy to set up the VideForex Trading Terminal; all traders need to do is follow some easy steps. No, Videforex is not regulated by any authority, and is located in the Marshall Islands, a popular destination for offshore brokers due to weak regulatory supervision.
- For more choices, we recommend you to check out our trading broker reviews.
- First, the traders need to know that the platform is one of a kind that works on the web-based platform.
- For those who are new to trading or prefer a hands-off approach, Videforex offers a Copy Trading feature.
- With a minimum deposit of $250, clients can access VideForex’s 24/7 live video chat support feature, a demo account, and VideForex’s copy trading tool.
- The company is licensed in the Marshall Islands, known for offshore trading and the absence of regulation.
FAQ: Videforex Review
VideForex is one of the best–established brokers in the forex market, working since 2016. The traders can use expert help to invest in the avenues and make profitable trades. The traders will get their login credentials once they verify their identity with the broker. Yes, without any second thoughts, the VideForex trading terminal is pretty good as it offers many kinds of kind facilities.
They also boast of a trading volume of over $4 million and a total of more than $450,000 payouts to traders. Although VideForex is new in the brokerage industry, they offer many products and their customer service is commendable. Customers can choose to access VideForex’s web-based platform via their Android and iPhone devices. VideForex also has native trading apps that are available for free on Play Store and App Store. VideForex offers over 160 tradable assets which is average compared to a typical broker with their level of experience. With Videforex, you can open the possibility of unlimited trading throughout the year.
Client fund segregation, negative balance protection and compensation services are not guaranteed. However, account funding is required to obtain demo credentials. Demo accounts are a great way to become familiar with the platform and to test trading strategies risk-free. Since its launch in 2017, the popularity of the CFD, forex, and binary options broker has grown.
A customer representative will get in touch with you via email once they have processed your form. Simply share your link with a friend, and you can get 20% of the amount that they deposit. VideForex’s registration form will ask for your full name, phone number, email address, password, and preferred currency. Make sure to read the Risk Statement and Terms forms before you hit that sign-up button. Charting for CFD’s and forex will be in Candlesticks and can be further customized into Bars, Candles, Hollow Candles, Heikin Ashi, Line, or Area charts. Time intervals for charts can also be changed into five different time frames, which are 1m, 5m, 15m, one h, and 1d.
20 skilled traders receive cash prizes, electronics, tickets, and more from the $20,000 prize fund every week. Other bonuses include an initial deposit bonus that ranges from 20% up to 100% depending on the size of your initial deposit. Videforex’s trading platform is intuitive and simple, so it could be a good starting point for beginners. One of the best features for novices is the Copy Trading tool, which you can use to copy master traders. Videforex is a legitimate broker where traders can generate profits through the firm’s suite of trading products and services. Despite this, there are some negative reviews, so always do your research before committing funds.
Additionally, traders can access a plethora of accounts to choose one that aligns with their personal needs feasibly. The needs are pretty diverse for traders to align with them; the broker provides some separate accounts. The broker makes it relatively easy for traders and also offers all the help they need. The first charge which traders need to pay is the commission which is different for all accounts.