Videforex Review – Is Vide Forex Scam or Legit?

Videforex is a global economy trading service that provides Forex (FX), commodities, equities, ETFs, precious metals, and indices, among other financial instruments.

Videforex.com Review

If you are searching for a broker to help you make money, you should examine Videforex attentively. CFD trading on cryptocurrencies and ICOs are available. It is based on a high-low principal, which means that it is possible to lose some investment and earn more. This Videforex.com review provides an in-depth analysis.

 

What is Vide Forex?

Videforex is an online broker that offers a variety of trading instruments, such as forex, CFDs, and cryptocurrencies. It provides clients with a variety of features, including a comparable demo account, a lite mobile app, and multiple account types. Additionally, the company offers 24/7 customer service and a free demo account to assist traders get started.

The prominence of the CFD, forex, and binary options broker has increased since its 2017 launch. The brokerage has opened over 4000 customer accounts and processed close to $500,000 in withdrawals.

 

How To Register

 

Benefits Of Videforex

Using Videforex, our experts discovered numerous benefits:

Low minimum trade quantity – You can open positions with as little as $1.
Non-stop trading – You can trade each day of the week, including the weekends.
Copy trading – Cheaply imitate the transactions of seasoned investors
Withdrawal processing time – Typically, withdrawals are processed within one hour.
Payouts – Earn up to 98% payouts on 100% assets with the binary options offered by the broker.
Accessibility – The company facilitates day trading for global clients outside the United States.
Customer service – The support response times are prompt and dependable. Very few brokers offer multilingual video support around-the-clock.
Funding Methods – Videforex offers remittances via a vast array of payment types, ranging from credit cards to cryptocurrencies.
Trading contests – Videforex conducts trading contests on a regular basis. Not only are they excellent training, but there are cash prizes as well.

 

Drawbacks Of Videforex

Negatives of Videforex Among the disadvantages of investing with Videforex are:

Unregulated – The broker is not supervised by a reputable regulatory body.
Not available in the United States – Due to legal restrictions, Americans are not admitted.

 

Services Made Available by Videforex

Videforex is a global broker that provides consumers with a variety of services. These services include trading in forex, CFDs, and binary options. Videforex also provides a number of additional services, including a demo account, a mobile app, and a variety of educational resources.

 

Customer Service

At Videforex, they recognize the significance of customer service to the online trading experience. Their customer service representatives are available 24 hours a day, seven days a week to assist clients with any questions or concerns they may have.

Options for making contact include:

  • Thai – 02-21345671
  • Chinese - 3-395-0396
  • English – +1-829-9476393
  • Russian – +7-499-7033774
  • Singapore – 965-65425142
  • Australia – 61-8-5550-7288
  • Email – [email protected]

You may also contact Videforex's operator, Involva Corp (registration number: 104693). Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands, MH96960 is their address.

 

Business Hours

You can day trade binary options, forex, and CFDs 24 hours a day, seven days a week.

Videforex is a good match for those with limited time or fluctuating schedules, as not all online brokers offer this service.

 

ALSO READ: Ocean FX Review – Is OceanFX.io Broker Scam or Legit?

 

They offer various customer support options, including live chat, email, and telephone support. They strive to provide a fast, efficient, and friendly service that will enable you to maximize your trading experience. The goal is to provide clients with the best possible customer support experience.

 

Videforex Leverage

Videforex offers trading with leverage. This enables you to effectively borrow money to strengthen your position. Importantly, it can increase your profit potential significantly. However, it also has the potential to amplify losses.

By default, the company limits all customers to a maximal multiplier of 1:500. Additionally, a customer's loss is limited to the amount of their initial investment, so the remaining equity is protected.

When using Videforex, we discovered that there is a commission for opening a cryptocurrency CFD position without leverage. This could range between 1% and 2.5% of the transaction total. Choose leveraged CFD cryptocurrency positions, and the commission can reach 5%.

 

Financial Tools

Videforex is a top-tier brokerage platform that provides a vast selection of CFD and Forex trading instruments. With its cutting-edge technology and user-friendly platform, Videforex offers both novice and seasoned traders an unparalleled trading experience.

Tradeable currency pairs, equities, indices, and commodities are provided by Videforex.com. Whether you are interested in main currency pairs, such as EUR/USD or GBP/USD, or exotic currency pairs, such as USD/JPY or EUR/GBP, Videforex has you covered.

Videforex is a standard online broker that provides its customers with a variety of trading instruments. These include a robust trading platform, an extensive selection of financial instruments, and numerous educational resources.

The Videforex platform is designed to accommodate both novice and experienced traders. It is user-friendly and offers a variety of features, including sophisticated charting and analysis tools, a vast array of order types, and a customizable interface.

This online broker is distinguished by the fact that they designed and developed their own trading platform. While many traders will be familiar with MetaTrader 4 (MT4), Videforex's approach has distinct advantages:

  • By avoiding the use of a third-party platform, they are able to ensure the quality and dependability of their online service.
  • The broker is always aware of what is occurring on their platform. This can streamline the querying procedure and expedite the resolution of any issues.
  • The platform can be updated frequently to enhance the user experience. In 2023, for instance, the brand introduced a new technical analysis layout, new time intervals for OTC assets (5, 15, and 30 seconds), and new investment size keys ($5, $10, or all-in).
  • Market Analysis - Videforex also provides a number of other trading instruments. This includes a calendar of economic events, market headlines, and technical analysis. These are simple to understand for novices and can help investors identify opportunities and time trades.

 

ALSO READ: GlareMarkets Review – Is GlareMarkets Scam Or Legit?

 

The trading platform is intuitive for both novice and experienced investors. It has been designed to be user-friendly while providing the sophisticated tools and resources that many day traders require. In-depth investing tutorials, for instance, can guide novices through the platform. There are also pulse and candlestick charts available.

The streamlined system makes selecting your financial instrument simple. A few taps will lead you to the currency pairs, commodities, and indices of your choosing. In addition, you have access to cryptocurrency partnerships and options with fixed returns.

Social trading, also known as copy trading, is a helpful additional feature. This enables you to replicate the trades of high-earning investors while gaining knowledge from successful and experienced traders.

Clients can also select the 'Live Trades' tab on the platform's left-hand side to observe the top traders for a specific asset. By clicking on the icon for pages on the right, users can imitate traders by simply specifying the amount to invest.

 

Placement and Withdrawal

Popular online broker Videforex provides a variety of deposit and withdrawal options to its customers. Credit and debit cards are a common method of making deposits. This is a fast and simple method for funding your account and beginning trading.

If you are using Videforex from the United Kingdom, Europe, or anywhere else in the world, you can deposit and withdraw funds using common payment methods. Additionally, the broker accepts digital currencies, so you can use any of the following:

  • Credit cards (Visa/Mastercard)
  • Perfect Cash
  • Ethereum
  • Litecoin
  • Altcoins
  • Neteller
  • Bitcoin
  • Skrill

 

ALSO READ: AI Global Group Review— AI-GlobalGroup Scam Alert

 

When utilizing Videforex, we discovered that deposits are processed immediately while withdrawals can take up to one hour.

In addition to bank wire transfers, Videforex accepts e-wallets such as Skrill and Neteller. These methods also allow for withdrawals, which are typically processed within 24 hours.

Note that Visa and Mastercard incur a 5% transfer fee.

 

Educational Materials

Videforex provides a variety of educational materials to help its clients learn about forex trading and how to trade successfully. Accessible to anyone with an internet connection are a variety of video tutorials, webinars, and other educational materials provided by the broker.

There is no cost for any of the materials, and they can be accessed at any time. Whether you are a novice or a seasoned trader, Videforex's educational resources can help you better your skills and increase your likelihood of success.

 

Security

Videforex is an excellent forex broker that provides its customers with top-tier security. The company employs cutting-edge security measures to safeguard the funds and personal information of its customers. Additionally, Videforex employs a team of seasoned security professionals to monitor its systems around-the-clock. As a consequence, Videforex is one of the industry's most secure forex brokers.

 

Accepted Nations

Videforex accepts traders from Australia, Thailand, Canada, the United States, the United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, the United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, and Qatar, as well as the majority of other nations.

 

Regulation Accreditation

The Finance Group Corp, located at 2nd Floor, Transpacific Haus, Lini Highway, Vanuatu, licenses the business.

It is important to note that this means Videforex is not regulated by the CFTC, like the majority of US brokers, and therefore US citizens cannot participate in day trading with Videforex.

 

Business Hours

You can day trade binary options, forex, and CFDs 24 hours a day, seven days a week.

Videforex is a good match for those with limited time or fluctuating schedules, as not all online brokers offer this service.

 

Mobile App Review

The Videforex mobile app for Android devices is a user-friendly trading solution. It provides a complete set of tools and features and is a suitable complement or replacement for the desktop solution.

The full spectrum of the broker's assets is available, including cryptocurrencies, stocks, binary options, and forex. Copy trading and complete account management are also available. Moreover, users can observe their trading history, make deposits and withdrawals, and place orders with a single click.

 

How To Invest

On the Videforex platform, opening a binary options trade is fast and simple:

  1. Connect to the online trading platform via the broker's website.
  2. Choose an asset from the menu in the platform's upper left corner.
  3. Choose between turbo, intraday, and long-term options.
  4. Select an expiration date
  5. Determine the amount you wish to wager or invest.
  6. Examine the payout proportion and amount
  7. Select 'Up' if you believe the price will increase.
  8. Select 'Down' if you believe the price will decrease.
  9. Attend the contract's expiration.

 

Minimum Deposit

New trading accounts with Videforex require a minimum deposit of $250. In addition, they offer a 100% match incentive on initial deposits up to $3000.

Terms and conditions for the promotion are available on the broker's website. The bonus requirements are identical whether you are day trading forex, CFDs, or binary options.

 

Commercial Accounts

The amount you deposit will depend on the form of account for which you qualify:

Bronze - A $250 minimum deposit is required. This account offers withdrawals within an hour, live video chat support around the clock, a 20% deposit incentive, a demo account option, and a copy trading tool.
Silver – To qualify for the silver account, a minimum deposit of $1,000 is required. You will then receive all Bronze features in addition to three risk-free trades, a 50% initial deposit incentive, and a web-based master class.
Gold – A minimum deposit of $3,000 is required. You will receive all Silver benefits in addition to a 100% first deposit incentive and a personal success manager.

 

Videforex Practice Account

After making a deposit, you are granted access to a Videforex demo account. This is the optimal location to develop a strategy and become acquainted with market conditions using virtual currency. Then, once you have gained confidence, you can begin risking real money.

 

Additional Trading Contest Features

Weekly contests are one of Videforex's finest features. Each week, twenty winners are enumerated with no entry fee. Both novice and seasoned traders can compete, as all accounts are automatically entered.


There is a prize fund worth $20,000.

Conclusion

Vide Forex is an excellent option for those seeking a reputable and user-friendly binary options broker. The company offers an extensive variety of assets and features, making it an excellent choice for novice and experienced traders alike. In addition, the broker offers competitive spreads and a broad range of tradable assets.


Ojike Stella

1727 Blog posts

Comments
Uzochukwu Onyemaechi 26 w

Thanks

 
 
Enobong Bassey 44 w

Thanks

 
 
Chibor Josiah 52 w

I believe you're an expert in this field
Keep it up 👍

 
 
Nensemka Tongken 52 w

Okey