It’s worth noting this means Videforex is not regulated by CFTC, like most US brokers, which is why you can’t partake in day trading with Videforex if you are from the USA. Another perk is the Rollover tool which lets traders increase positions up to 100% of the selected timeframe on the first use. When we used Videforex, we found that deposits are processed instantly while withdrawals can take up to one hour. When we used Videforex, we found there is a commission for opening an unleveraged cryptocurrency CFD position. Opt for leveraged CFD cryptocurrency positions, and the fee can climb to 5%. No traders from the United States are unable to open an account and trade with Videforex.
This trading platform offers a 100% deposit bonus on the first deposit. Before registering with this platform, you must go through the terms and conditions to get a clear idea of how this broker works. You can always use the web-based service if you do not find the mobile app Videforex trading comfortable. This service is also mobile-friendly and relatively easy to use. All VIDEFOREX clients have access to a live chat trading feature.
TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Compare Videforex with the top if you joined the gamestop frenzy or dabbled with bitcoin, get ready for the tax man 3 similar brokers that accept traders from your location.
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Our review of Videforex was disappointed to see limited additional resources for traders. A basic trading tutorial is published on the broker’s website, topics include how to trade CFDs and how to trade binary options. However, there is no economic calendar, live market news streams, or trading updates which are provided by most good brokers.
Not able to withdraw my money after six weeks of trying
The firm has grown in popularity due to the increase of swing trading binary options, CFDs and FX. Videforex.com offers a bespoke trading platform on the web and a free mobile application. VideForex has managed to acquire close to 5500 active users since its launch in 2017, with a monthly transaction volume of close to $5 million. VideForex should offer more clarity for its traders, and we expect the company to update the information at the earliest. Regarding payment methods, Videforex does not charge extra fees in the case of digital currency deposits, but there is a 5% transfer fee for Visa and MasterCard payments.
While Videforex is a new entry in the trading world, it has become quite popular among traders. Through this platform, you can use numerous financial instruments. All transactions are counted for a trading contest, regardless of the outcome, and the minimum trade 9 best investments in 2021 amount should be $10.
What is Videforex Broker: An In-Depth Guide to Trading on Platform
Whether new to the trading world or not, read this article to get an in-depth insight into Videforex and its features. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes duties and responsibilities of real estate broker pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. To initiate transactions, log in to your Videforex account and visit the “Cashier” section.
- VIDEFOREX does not provide any educational resources, except a two-video embedded video on the site.
- Above all, traders can earn positive returns if they use these tips to trade here.
- Videforex offers its services in all the countries except the US and a few regions of Europe and Asia.
- Videforex does not provide access to any popular platforms like MetaTrader.
Review on Fees and Commissions of VIDEFOREX Broker
The demo account by Videforex gets activated after you fund your real trading account with the minimum deposit amount. Among the available binary options brokers, Videforex is considered to be the best for offering better assets. What’s interesting is that this broker lets clients try new underlying assets so they can make more profit.
