videforex Review 2021

This will no doubt help inform the trader of potential for breakouts or reversals. However, if you are that concerned about monitoring your positions on the go then you can always view the platform in your mobile browser.

Customer support appears to only be available via live chat, which in turn is only available for registered users. No working hours, phone numbers, or email addresses to customer support is mentioned on this broker’s website. You can find payouts for different trading assets in the trading platform, on the right left side. Bonuses are eligible on all CFD trades and are awarded by Videforex up to 100%, based on your deposited amount. Bonuses are meant to give a trader an additional margin for maintaining positions and/or to open larger volume positions. With this statement client should understand, that Profit and Loss always relates to client’s Net balance, not Bonus amount. When trading CFD, if balance drops to the level of bonus, an automatic closing of all open trades takes place – Margin call.

Their registration number is and their address is 306 Premier Building, Albert Street, Victoria, Mahe, Seychelles. Non-stop trading– You can trade every day and through the weekends. This is ideal for busy traders who have to fit their trading around other commitments. Whilst do comply with financial regulation standards, they are not limited to a specific country’s regulatory framework. They are licensed by the Finance Group Corp, who are located at, 2nd Floor, Transpacific Haus, Lini Highway, Vanuatu.

  • Despite being the new kid on the block, this broker has been garnering a considerable amount of attention for the online trading community.
  • However, they do not provide services to traders from the US and parts of Europe and Asia.
  • You might be curious as to why a new broker is able to draw so much attention from the traders.
  • Established in 2016, Videforex is regarded as a new entrant to the binary options trading industry.
  • Here it is, Videforex is the first binary options broker that has decided to incorporate a live video feed system for the customer support service is one of these reasons.
  • VideForex does however offer their services in multiple languages including English, Russian, Spanish, French, Dutch, and Thai languages.

In terms of features offered to traders, Videforex has Demo Accounts, Social Trading, Signals and Auto Trading but is missing Islamic Accounts. One must deposit a minimum of $250 in order to open an account with this broker.

They’ve Deleted All My Trades After Big

Copy trading service designed for novices and people who want to trade automatically without manual trades. It’s not permitted to trade CFD, if total account loss is exceeding total amount of deposits on the account. To receive demo account access you need to fund your trading account and contact customer support to get an demo account credentials. Binary options are a simple and potentially very profitable way to make money from short term movements on the market. By correctly predicting whether the price of an asset will go up or down, you can get a significant income in a continuous way. CFD is type of financial asset which helps trader to gain and earn in a continuous way. By predicting the move of a currency, trader can choose to open BUY or SELL contract for any asset.

The minimum amount of money one can deposit, using bank wire transfer, is $5000. Besides, $50 fee will be charged by the bank for the transaction performance. As you can see, they will give you an overview of all of the pairs and the various studies that were done by analysts on trading view. They will also provide you with the charts that the various analysts on trading view have used to complete their analysis.

videforex review

Videforex is a broker owned and operated by the same folks behind binarymate. The website says the company is registered to Suomen Kerran LP, license number SL25219, located at Centre Office, 58A Broughton Street, Edinburgh Scotland. The company is operating the brand on behalf of the Finance Group Corp. Email can be sent through the company website, the English phone contact is . Videforex has a great copy trading feature for newbies or anyone else who would rather copy another better trader than trade for themselves. Traders are chosen for their win rates, you can follow as many as you like so long as your account is funded properly. When you follow a trader you can adjust the trade size from 1 to 100X the original trade.

75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs Retail foreign exchange trading work, and whether you can afford to take the high risk of losing your money. 79% of retail investor accounts lose money when trading CFDs with this provider.

Videforex Verdict

As you can see, the greater your initial capital, the more day trading help you will receive. The switched on intraday trader will be aware that often, the greater tools and resources at your disposal, the better your chances of generating earnings. For that, you will get all the Silver features, plus a bonus of 100%. You will also benefit from an individual account manager, plus have access to a Swiss pre-paid card.

videforex review

So, if you are looking for forex leverage, can tick that box. Just ensure your strategy and money management system takes into account potential losses. This effectively allows you to borrow money to strengthen your position. The benefit to this is that it could significantly increase your profit potential.

Comprehensive Review

However, it also comes with the risk that losses will be magnified. Sign up to our newsletter in order to receive our exclusive bonus offers and regular updates via email. A 50% bonus is given to the Silver account users who filled their accounts with $1000 – $3000. The residents of Qatar, India, United Arab Emirates, Technical Analysis vs. Fundamental Analysis in Trading Kuwait, Saudi Arabia, Singapore, Hong Kong, Thailand, and South Africa are also accepted. This list is not complete because the traders from a lot of other countries around the world are also welcomed to VideForex. Only in the case a trader can provide all the documents he is asked for, he can get verified.

videforex review

Forex.Academy is a free news and research website, offering educational information to those who are interested in Forex trading. Forex Academy is among the trading communities’ largest online sources for news, reviews, and analysis on currencies, cryptocurrencies, commodities, metals, and indices. In addition to bonuses, VideForex offers a weekly trading contest that offers a total prize fund of $20,000 which is distributed among 20 total winners.

Videforex Com Trading Platform

Then, when you are confident, you can start putting real capital on the line. By not using a third-party platform, they can ensure both the quality and reliability of their online trading platform. Whilst they are not necessarily the cheapest broker on the market they are by no means the most expensive. This means you hopefully avoid the brokers whose fees are so low you pay the price in poor execution speeds and an unreliable platform. Whilst the costs at more expensive brokers will significantly cut into your end of day profits. It is also important to note, that whether you’re day trading on for forex, CFDs, or binary options, the minimum requirements will not change.

videforex review

Operating essentially as an offshore platform while offering prizes and bonus that don’t dwell within the vicinity of being plausible are common traits found amongst Forex Trading Scams. All contents on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalised advice before you make any trading or investing decisions. may receive compensation from the brands or services mentioned on this website. Restricted additions – As a result of their web-based platform, you are unable to utilise certain systems, such as forex expert advisors. It may also mean other indicators and tools will not be compatible.

Videforex Account Types

In this detailed Videforex review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs. VideForex is a broker based out of the Seychelles, which is a popular offshore jurisdiction that many forex brokers are registered in. However, the regulatory situation in the Seychelles is somewhat unclear, with some brokers being regulated there and others not. When you double up trade, you will get duplicate position – asset, direction, amount and expiry time will be the same, but open price will differ. Margin call is account state when all your open trades will be automatically closed.