ufaeaglerock

อัพเดตข่าวสาร บทความพนัน แนะนำเทคนิคการเล่นอย่างเซียน

Videforex Review: Is Videforex A Good Broker For You?

Forex Trading / 13 ตุลาคม 2023 /

videforex

It will take liquidity and external markets for the underlying financial instrument into account. A useful extra feature is social trading, also known as copy trading. This allows you to learn from experienced and successful traders, enabling you to copy the trades of high-earning investors. Vidforex is offering debit and credit cards as a method to deposit and withdraws ( visa and debit card are possible ) in addition to cryptocurrencies like Bitcoin, Altcoins, and Ethereum. It’s by far one of the most ridiculous things I have heard in the Forex industry.

Videforex commissions and brokerage charge

Here, the spread is not fixed but a dynamic spread type with specific instruments. VideForex will take into consideration the liquidity and external markets into account as factors affecting the spread. So only companies who can capable of proving their assets and trustworthiness can get this license.

Videforex Regulation

videforex

Contests are a great source of motivation to both new and expert traders and so it’s a good point to be included in the broker services. And in this Vidforex review, I’ll break down the details of the contest and rewards offered by Vidforex. 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. If you want to register with Videforex, you must pay a minimum deposit of $250.

videforex

Different Features by Account Type

The high volatility of energy prices due to political, environmental, and several other factors, is a typical feature of this product, making it a popular trading choice. Apart from this information, there is no other information on the terms and conditions of the referral bonus. For instance, should there be a 1% margin requirement on a position of $1,000,000, the trader must cover a margin requirement amount of $10,000. The margin requirement must be equal to or more than 100% for the position to be opened. In most instances, such a statement is a red flag and may bring the legitimacy of the broker into question.

  1. This amount is often lowered substantially when leverage is applied.
  2. However, account funding is required to obtain demo credentials.
  3. The interfaces seem less intuitive compared to some competitors.
  4. It very well could be that these two amounts are linked to the Silver and Gold accounts, respectively, but we were not able to confirm this.

For CFD trading, the spread is variable and based on market conditions. Rapid processing of withdrawals after trades allows for quick capital redeployment, proving essential for my trading strategy that relies on maintaining liquidity and capitalizing on market momentum. The 24/7 live support and free access to advanced trading features make https://traderoom.info/‘s app an outstanding resource, especially valuable during off-hours when immediate assistance is crucial.

Avoid, Money Stolen.

I can dig into every past trade, with details on the asset, entry/exit prices, holding period, profit or loss, and more. This helps me objectively evaluate my strategies over time to refine my approach. Also, https://traderoom.info/videforex-a-reliable-broker/ offers free use with no platform fees – an added perk! However, their app interface does seem less intuitive compared to other advanced platforms I’ve tried.

The confusing information provided on its website also points to the bewildering fact that the company has yet to make a complete switch to the FX/CFD market. On the in-house trading platform, traders can choose from more than 100 instruments, ranging from forex trading to binary options. Other assets include commodities, stocks, and cryptocurrencies.

VideForex is said to offer 24/7 live video chat support, which we would have assumed was exactly that – a video chat with an agent. However, having tested it, we can state that this is not how it works. Instead, you’ll have access to live chat, just the same as what most all Forex brokers offer, but be able to see a pre-recorded video of a person (a VideForex employee?) that plays on a loop.

It is done to assist the clients from the accepted countries correctly. This depends on the payment method uses and can be anything from an instant withdrawal or it may take up to several days, as the case may be with bank transfers. The homepage features a banner that claims that the broker is regulated, although no mention of regulation can be found on the website. There is a banner on the homepage which claims regulation, but there is no regulation indicated on the website. Forex trading, or currency or FX trading, involves the currency exchange market where individuals, companies, and financial institutions exchange currencies for one another at floating rates.

One of the reasons the broker applies that was because many spammers can invade VideForex. A trading platform is a type of software that is used through which trading can be executed. Each broker has its own preference in which platforms it supports and often brokers offer the use of their own proprietary trading platforms.

In this blog you’ll find practical guidance, unbiased reviews and much more. Although their trading platform is inadequate, their customer service is very original and competent. There’re several trading instruments present where the investors can choose which one is suitable for them.

Although VideForex is new in the brokerage industry, they offer many products and their customer service is commendable. Regulation is essential and is among the metrics that traders should use to gauge a given broker reputation. Most importantly, regulatory authorities help keep brokers in check and protect the interests of customers.

These markets allow clients to speculate on the price movements of different assets, such as currencies, stocks, indices, commodities, and cryptocurrencies. Each market has its own characteristics, advantages, and disadvantages, and requires different strategies and skills to trade successfully. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. Videforex offers binary options and leveraged CFDs on major, minor and exotic currency pairs, a dozen cryptos including Bitcoin, plus commodities like gold. You can also trade major indices like the Dow Jones 30, S&P 500, and FTSE 100 (CFDs only).