Trading Platform

Videforex’s ongoing enhancements, including the addition of candlestick charts for technical analysis, further enrich the user experience. Whether you’re day trading forex, CFDs, or binary options, the bonus requirements are the same. This effectively allows you to borrow money to strengthen your position. Videforex only offers its own proprietary trading platform on the https://forexanalytics.info/ web and mobile.

VideForex Bonuses & Promotions

  1. Plus, there’s a swap fee (0.07% face value of the position) for trades held overnight.
  2. 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.
  3. You can get to your choice of currency pairs, commodities, and indices with just a few clicks.

Furthermore, there is no way to verify the legitimacy, credibility, or reputation of the broker. Since its launch in 2017, the popularity of the CFD, forex, and binary options broker has grown. 4000+ client accounts have been opened and the brokerage has processed close to $500,000 in withdrawals. Unlike other brokers that deduct monthly software fees from earnings, Videforex preserves all profits. This advantage helps maximize returns and supports growth in my modest trading account, significantly boosting my trading career.

Company activitySee all

An inactivity fee of $10 per month applies if clients do not complete at least one trade in this time. This includes an economic calendar, market news and technical analysis. Easy to digest for beginners, these can help investors find opportunities and time trades.

Even though Seychelles has their own regulatory authority who governs the financial services businesses based here, VideForex remains unregulated by them. While this is somewhat concerning, VideForex comes from a reputable background and has been competently providing trading services since 2016. As mentioned earlier, VideForex is an international trading brokerage that serves traders from all over the world.

Regulation

Registration is required before demo account credentials are provided. The Videforex mobile app is a user-friendly trading solution for Android devices. It offers a full suite of tools and features and is a good supplement or alternative to the desktop solution.

Mobile Platform

There is no information pertaining to the spreads how to calculate volatility that can be expected when trading with Videforex. There is only a FAQ section with a few questions and their respective answers, although no other insight is truly provided. Bitcoin (BTC) is the digital currency with the largest market capitalization and price levels and dominates 50% of the total crypto market cap. According to the Videforex website, there are a number of bonuses and promotions. The platform charges a swap fee of 0.07% of the face value of the position to hold a position overnight.

It has been engineered to retain usability while offering a variety of sophisticated tools and resources many day traders require. For example, in-depth investing tutorials can walk newbies through the platform. Videforex warns that margin trading involves the potential for profit as well as the risk of loss. The Homepage features a Live chat which offers the option for a group or a private chat but when selecting the option, it merely redirects to the option to open an account. Upon exploration of the Videforex website, there is no information provided with regards to spreads or commissions that are charged.

Ethereum (ETH) is the second-largest cryptocurrency after Bitcoin and allows developers to create smart contracts on a platform. 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. Equity or stock indices can represent a specific set of the largest companies of a nation or they can represent a specific stock market. It is actual stock market indexes that measure the value of a specific section of a stock market. Apart from this information, there is no other information on the terms and conditions of the referral bonus. In most instances, such a statement is a red flag and may bring the legitimacy of the broker into question.

To initiate transactions, log in to your Videforex account and visit the “Cashier” section. Here, select your preferred payment method and follow the on-screen instructions. Processing times may vary depending on the method and network involved.

The Bronze account requires the lowest deposit of $250 or equivalent currency. The broker does not charge an account funding fee, however, third-party fees may apply. UK clients can utilise the below deposit methods, with instant processing and no deposit fees. In summary, Videforex offers a variety of account types to suit different trading styles and preferences.

The platform features regular CFD and options trading, direct deposit and withdrawal via the app, and a 60-second trading option. Additionally, clients have access to their account and portfolio information through the platform. The benefits of the platform include instant execution of trades, live charts of every option available, the ability to view trade history, and the same login as the web-based platform. Videforex offers its own proprietary platform for trading binary options and CFDs. Traders can earn up to 98% payouts speculating on the price direction of 100+ assets.

Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. The broker’s binary options offer payouts of between 20% (cryptos) and 98% (OTC currency pairs). 2023 also saw Videforex expand its suite of OTC assets with payouts up to 95% and trading opportunities on popular global markets.

Leave a Reply

Your email address will not be published.