All ways of depositing are fast, except for Perfect Money, which requires an hour. Regardless of the method, withdrawals take an hour after processing your request. When it comes to this broker’s customer support representatives, they are prompt to reply and are often able to answer queries and help with concerns. They support multiple languages to make sure that all their clients will be able to get the support they need. To trade CFDs or Forex, you need to select what you want to buy or sell from the list of asset classes and their respective list of assets. The assets you can trade here include currencies and CFDs for commodities, Cryptocurrencies and crypto pairs, Indices, and Stocks.
- The ultimate aim is to keep users updated with related data in a timely manner.
- The interfaces seem less intuitive compared to some competitors.
- As a trader, you are required to use comprehensive trading tools to increase your chances of winning a trade.
- If you are new to the brokers’ world, Videforex may be a sound option.
- However, the broker is not regulated by any reputable authority and has high spreads and commissions compared to other brokers.
- The one area where VideForex blows all other online trading brokerages out of the water is their high level of customer support.
Funding and withdrawal methods Review of VIDEFOREX Broker
The VideForex apps for smartphones and tablets are developed as binary options platforms that also support Forex and CFD trading. 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. Unfortunately, we can’t expect the VideForex mobile trading platform to offer the same kind of performance or features as its rivaling mobile platforms. The Videoforex app is one of the best trading platforms in the market to offer the special convenience of permitting trade from anywhere or anytime. The support and features that come with this application simplify trading for beginners as well as experienced.
The comprehensive mobile management capabilities of the Videforex app make it a powerful tool for traders who require constant access to their trading portfolio and market data. The Videforex app is available for both Android and iOS devices and is free to use. Nevertheless, to begin trading, traders need to make a certain minimum deposit. Opening https://traderoom.info/videforex-a-reliable-broker/ a trading account on the Videforex platform is super easy. All you need to do is to furnish your personal details, which requires hardly a few minutes.
Although, as previously mentioned, there might be a slight delay if you decide to withdraw during the weekend or public holidays. For options trading, you will notice that you are not able to trade indices and are limited to only forex, commodities, stocks, and cryptocurrencies. To trade options, you must learn the basics of what a binary option is and the definition of the common terms such as put and call. To jumpstart your career as a trader, you have to choose the right broker that has everything you need to know. In this review, we will be focusing on one of your potential brokers, VideForex.
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This means that Videforex is not subject to any audits, inspections, or compliance checks by any authority. It also means that the broker can set its own terms and conditions, fees, and policies without any transparency or disclosure. My favorite Videforex feature is their 1-hour withdrawal guarantee. Just last week I captured nice gains day-trading tech stocks, so I requested an instant payout to splurge on a haircut that afternoon. True to their word, I had that $350 profit deposited in under an hour.
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On the bottom-right corner of your trading software, you will be able to change and set your charts from a linear price scale to a log scale. Some traders, however, use percentage scales, and clients will also be able to use this. For CFD’s and forex, clients will also immediately have access to VideForex’s charting software that is fully customizable. Their charts are powered by TradingView, the leading application for all your charting needs. Furthermore, clients will notice that there is a timer on top of the chart.
Apart from this, you can also request a callback or contact customer support via mobile phone. VideForex has created a new approach – trading forex and binary options with video support. However, the whole concept is focused on female support staff via live video steam which honestly resembles porn instead of actual currency trading. For a brokerage that has been in operation for a while now, you’d expect the site to offer a lot more information.
It is done to assist the clients from the accepted countries correctly. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. As cybercrime is on the rise and online scams prevalent, trusting your broker with your confidential data is important. There is no maintenance or registration charge when you sign up for an account. However, if you do not make at least one trade a month, you will be charged $10.
Instant trade execution and withdrawals, besides several perks, enhance your trading experience in no time. Additionally, you can use the same login credentials to access your account on the web platform and mobile phone. I’ll be honest, when I first started using this broker’s app, the interface was not very user-friendly at all. And I prefer intuitive designs, so I struggled a bit to find my way around initially. However, I soon came to appreciate the app’s standout features. Getting my withdrawals processed within an hour is absolutely clutch for active traders like myself.
- Not to mention that the minimum deposit amount for CFDs, forex, and binary options are the same.
- Another thing I like is the full trade history transparency, which allows me to track my trading closely out of an abundance of caution.
- Claim your listing for free to respond to reviews, update your profile and manage your listing.
- And if you’re looking to up your trading game, we’ve got just the thing for you!
- Furthermore, the clients of Videforex can participate in the competition and win huge rewards.
- Yes, Videforex offers a 20% bonus on bronze trading accounts, 50% for Silver, and 100% for gold accounts.
Day trading on Videforex gets a bit sophisticated as it limits you to just a web-based platform. That is, all trades must be executed only through its website. In contrast to this, other brokers permit you to trade through multiple trading platforms. However, for some traders, this straightforward usage can be super convenient.
Forex and CFD trading is a large legal activity across the world, but there may be some regulatory restrictions that vary from country to country. Yes, the Videforex application requires an online KYC (Know Your Customer) process. It is only after undergoing EKYC; you can start to invest and trade on the platform.
This timer is a countdown for options expiry times and is particularly useful when you’re anticipating a quick, profitable trade. If you have correctly filled in all the information, you will get access to your trading account. Your account needs to be funded through the accepted payment method. With Videforex, you can open the possibility of unlimited trading throughout the year. It’s an amazing option for busy traders who must create a trading schedule according to their needs. This trading broker is owned and operated by Vide Projects Ltd.