Lastly, to open a Gold account, a minimum deposit of $3,000 is required. These methods are Visa or MasterCard debit or credit cards, Bitcoin, Altcoins, and Ethereum. Funds will be credited to the account instantly, but it is worth mentioning that you might need to wait a little longer if you deposit during weekends or public holidays. Despite offering a lot of assets to choose from, VideForex goes the extra mile to let its clients copy trade their other successful clients. Beginners and those that are interested in passive investing may use this feature so that their capital will be put to good use.
Alternative Brokers
Videoforex’s commitment to providing a seamless trading experience is evident in their real-time price feeds and the ability to process withdrawals within an hour. As a trader who values quick access to my funds, this is a significant benefit. The 24/7 live video chat support adds an additional layer of confidence, knowing that I can get help at any hour.
The platform charges a swap fee of 0.07% of the face value of the position to hold a position overnight. They need to pay a minimum to maintain an account balance of around $1000. The more traders invest, the more significant benefits will be availed to them. No doubt there are a plethora of options available out there, but it is challenging to choose the right one. After attaining the correct pricing in the market, one needs to place the order.
Each account type has its own advantages and disadvantages and requires different levels of investment and risk tolerance. Therefore, clients should carefully consider their trading goals and needs before choosing an account type. The entire process starts after opening the trading account, and traders need to set their trading platforms. The broker offers its own VideForex web trading platform, which traders can access through any browser on almost all desktop computers and, of course, smartphones. If you are new to the brokers’ world, Videforex may be a sound option. To find out more about this broker, make sure you check out the following Videforex review below.
- However, if traders wish to start stock trading, then they must visit the broker’s website to know more.
- On tradable assets, VideForex customers have access to over 160 assets.
- It happens because the fees charged on leverage trading are higher than those for non-leveraged assets.
- Clients can deposit and withdraw in 60 seconds, manage portfolios in a few clicks and view live charts of all available assets.
- Please note, some markets may only be available via CFDs or other derivatives.
VideForex Review
You will be given access to a VIDEFOREX demo account once you have made a deposit. The demo account may only be used when a $250 deposit has been made. The amount of virtual money you have will be determined by how much you deposit into your trading account. Traders mt5 demo account who use VIDEFOREX do not need to download any additional software. All they have to do is login into their account using their browser, which will instantly access the broker’s web platform.
These tools will allow you to draw patterns and mark significant price points that you can use for your trades. It’s a simple chart but is effective when used since it also features a gauge for the demand of puts and calls for an asset. This could be used as a guide to know if you’re going with the trend of a trade or against it. Additionally, VideForex has a minimum withdrawal amount of not less than $50.
Videforex review for traders – How good is the broker?
The better customer care service of Videforex distinguishes it from other trading brokers that do not have this effective service. So, register yourself with Videforex and get your issues quickly resolved. Videforex has created steps to become a successful forex trader a good reputation in the market for offering professional customer service. One can easily get round-the-clock multi-lingual support without any delay. Videforex is one of those brilliant trading brokers that allows you to place trades for just $1. While Videforex is a new entry in the trading world, it has become quite popular among traders.
Is Videforex A Regulated Broker?
This includes an economic calendar, market news and technical analysis. Easy to digest for beginners, these can help investors find opportunities and time trades. To attract new traders and provide a risk-free introduction to trading, Videforex offers risk-free trades. This promotion allows you to place trades without the risk of losing your initial investment.
Revolut Broker Review 2025 – A Detailed Product Guide with Regulations
The company’s forgotten password process is straightforward and customers can follow their profiles on social media, such as Twitter and Instagram for live updates. But it’s not regulated by any financial authorities, which we think is a warning sign when picking a reliable broker. When a broker isn’t regulated, it means they don’t have a license from any financial regulatory authority. 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. We also use different external services like Google Webfonts, Google Maps, and external Video providers.
It will take liquidity and external markets for the underlying financial instrument into account. Videforex frequently hosts trading competitions where traders can compete for cash prizes and other rewards. These competitions add an element of excitement to trading and provide an opportunity to showcase your trading skills. Range trading involves identifying key thinkmarkets broker review support and resistance levels and placing trades within this range. Traders buy at support levels and sell at resistance levels, taking advantage of the predictable price movements within the range. Videforex employs robust security measures to protect user data and funds.
- Alternatively, binary options allow you to speculate on rising and falling prices with a fixed stake and payout.
- Videforex may be more suitable for experienced and successful traders, thanks to the high minimum deposit, and lack of education and guidance.
- Topics include account features, trading help and registration.
- Depending on their account type, users will receive a 20%, 50%, or 100% trading bonus.
- Tradingcritique.com is the ultimate guide to help you navigate through the best broker in the market.
- In particular, there are very few technical features that are common on competitor platforms, such as charting tools and indicators.
Spreads & Commissions
Even though Seychelles has their own regulatory authority who governs the financial services businesses based here, VideForex remains unregulated by them. While this is somewhat concerning, VideForex comes from a reputable background and has been competently providing trading services since 2016. As mentioned earlier, VideForex is an international trading brokerage that serves traders from all over the world. However, they do not provide services to traders from the US and parts of Europe and Asia. VideForex does however offer their services in multiple languages including English, Russian, Spanish, French, Dutch, and Thai languages.
Yes, VideForex offers a demo account trading for all the traders. Yes, VideForex offers an online trading opportunity to almost all its traders. If they are new to trading, they can deal with virtual money on the demo account. Once traders learn about trading, they can start trading with real money. The only reason why traders choose the VideForex trading account is that there is no maximum deposit amount. However, even if the sharing trading feature isn’t applicable, the traders can choose other investment avenues.
This step is crucial for ensuring the security of your account and complying with regulatory requirements.