VIDEFOREX’s mobile app for iOS and Android is a great trading platform. Regular CFD & Options trading, as well as direct deposit and withdrawal, are all available through the app. This app is completely free, and you can get it on the Google Play Store for Android and the Apple App Store for iPhone. If you’re a newbie to trading, finding the right broker who can guide you through the process is crucial. In this review by tradingcritique.com, we’ll delve into VIDEFOREX and provide an overview of the company, its features, and operations to help you get started as a trader.
Videforex values razor salvation indie game developer and publisher long-term relationships with their clients and offers loyalty rewards to traders who consistently use their platform. These rewards can include cashback, reduced trading fees, and other perks. For those who are new to trading or prefer a hands-off approach, Videforex offers a Copy Trading feature.
Videforex Review
Both beginners and experienced traders can compete, as all accounts automatically participate. Promo terms and conditions are available on the broker’s website. Whether you’re day trading forex, CFDs, or binary options, the bonus requirements are the same. Videforex traders have the option to double up or rollover their positions.
Demo Account Review of VIDEFOREX Broker
During our VideForex review, we found out that the brokerage provider is not well-regulated. Although they offer frequent promotions and tonnes of bonuses, we advise traders to interact with VideForex cautiously. VideForex is one of the first brokerage service providers in the industry to implement the video chat feature. Traders report having had a great time interacting with the broker through this feature. To open trading accounts with VideForex, customers are required to deposit $250.
The costs appear to be the same as above, with a 5% fee on credit card transfers, but we’d advise that you confirm this with a support agent. We did note two items within the user agreement that we felt were worth sharing. The first was that any international wire transfer withdrawal will be charged an upfront $50 transfer fee. There is a 5% transfer fee charged on all credit card deposits, where the is no charge on any other deposit method. A deposit request via credit, debit card or via e-wallet will be processed within 3 hours.
Review Methodology
So, register yourself with Videforex and get your issues quickly resolved. Videforex has created a good reputation in the market for offering professional customer service. One can easily get round-the-clock multi-lingual support without any delay.
Forex Broker Reviews
- Compare Videforex with any other broker by selecting the other broker below.
- Videforex is an unregulated online broker located in the Marshall Islands, a location that is very popular among offshore brokers.
- They also give up to a 20% to 200% deposit bonus on any first deposit and account.
- There is a 5% transfer fee charged on all credit card deposits, where the is no charge on any other deposit method.
- You get fed up from sites that claim to offer fast withdrawals and really they take forever to process it.
When the application process gets over, the broker will connect with the traders. Firstly, the traders need to open a trading account with the traders. For example, the time frame indicators offer one-click trading to the traders. But overall, traders must know that the main objective of the platform is to keep it simple for users.
Leveraged cryptocurrency positions will incur a maximum 5% commission fee. Plus, there’s a swap fee (0.07% face value of the position) for trades held overnight. An inactivity fee of $10 per month applies if clients do your fca regulated forex & cfd broker not complete at least one trade in this time.
Yes, the traders can download the VideForex without paying anything from the web. They must fill in the details required, and they will see another form in no time. The aim is to make the most of the trading strategies, which makes 5 system development life cycle phases the platform quite effective. The traders can avail of full-fledged data under the terminal where they can make use of multiple indicators. Additionally, the terminal facilitates quick analysis or an in-depth one which facilitates speedy decision making for traders.