VideForex Review Does The Forex & CFD Broker Offer A Good Platform
We noted in this VideForex review that the firm mentions two other deposit amounts, $1,000 and $3,000, in relation to increased deposit bonuses. It very well could be that these two amounts are linked to the Silver and Gold accounts, respectively, but we were not able to confirm this. As a trader, you are required to use comprehensive trading tools to increase your chances of winning a trade. As an advanced trading tool, it deprives traders of the opportunity to augment their trading capabilities. It allows traders to fund their accounts from any part of the world.
How to Use VideForex Web Trading Platform?
- In conclusion, Videforex is an online broker that offers forex and binary options trading on a variety of markets, such as currencies, stocks, indices, commodities, and cryptocurrencies.
- Some of the trading features available include educational programs, order placements, and others.
- You may also fill out the form on the “Contacts” page to give them your query or complaint.
- Not every online broker offers this, making Videforex a good fit for those with limited time or changing schedules.
- As always, there are terms and conditions surrounding bonuses, so please be sure to read through those completely prior to accepting a deposit bonus on your account.
- Additionally, the Web platform can also be used for trading on mobile devices, but traders may prefer the apps available for Android and iOS devices.
Videforex is considered a good broker for its high number of payment methods, 24/7 market access and reliable customer support. However, the lack of assets to trade, regulation and platforms could be red flags for some. VideForex is a part of a thriving group of binary options properties under the FGC brand, and we did expect the company to offer full access to its existing set of financial assets. True to their promise, VideForex has more than 160 instruments from four asset classes, namely, Forex, commodities, indices, and stocks.
Does Videforex Offer Any Sign Up Bonuses?
From the look of things, VideForex appears not to have any regulatory oversight. While the broker might be a credible trading platform, they are closely run by other offshore brokers making them unreliable. For this reasons, we recommend that you take extra precaution when opening an account with them. However, even if the sharing trading feature isn’t applicable, the traders can choose other investment avenues.
What we loved most about VideForex’s customer service is their modern video chat feature. When it comes to withdrawal, traders can use all the major payments methods mentioned above. VideForex imposes a fee of up to $50 for all bank wire transfers. However, we were surprised to find out that the broker has gone above and beyond to make their web-based trading platform mobile-friendly. Traders can easily access VideForex’s web-based platform even when on the go.
Here, select your preferred payment method and follow the on-screen instructions. Processing times may vary depending on the sql developer dba careers method and network involved. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with.
How to set up a VideForex Trading Terminal?
Featuring a 24/7 live video chat option, traders can contact a customer support assistant in real-time for help instead of a bot. No download is required as trading is available via all major web browsers. The platform is easy to navigate with a user-friendly interface.
So, if risk free rate and equity risk premium you are serious about trading, you must choose this account by paying a minimum initial deposit of $3000. To evaluate brokers, we test the accounts, trading tools and services provided. Over 200 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process.
Payment Methods
It can take Videforex up to 3 business days to process incoming bank wire transfers and to verify that the funds have been received. However, the spread can vary depending on multiple factors, including liquidity, external market factors, or instruments. If you are searching for a reliable broker that offers the best trading service, you must choose Videforex. This trading broker is considered the best for beginners, but professional traders also like using this broker.
For example, in-depth investing tutorials can walk newbies through the platform. Videforex has its own mobile app which supports the broker’s web-based platform. It is available to download for both Android and iPhone through the respective app stores or from their website. Registration is required before demo account credentials are provided. The minimum deposit requirement to open a live account with Videforex is $250 or 3 Best Forex Liquidity Providers 2022 equivalent currency for the Bronze account. However, the broker is not regulated by a reputable authority and therefore UK traders deposit at their own risk.