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Does it worth to invest your money and capital with Videforex

videforex

The brokers here are very convincing at getting you to invest money and then will not allow you to withdraw. Thanks to a y l a r e c o u p. ,who helped me with my account and could get my money from them..hope that by writing this we can prevent others from losing money. They do not pay out when you win or just plain want to withdraw your money. All they tell me is they have a high volume of withdrawals and ny transaction is pending. Then when u continue to ask them about the withdrawal they stop responding. This is not applicable to Videforex as there is no indication that a demo account is offered.

  • When a broker has won numerous awards and indicates such on their website, it often instills more confidence in the broker as an industry leader and provides it with a good reputation in its solutions and services provision.
  • All support methods are very quick to respond and are very friendly, helpful and informative with their responses.
  • The brokerage may not be licensed or regulated, but they have thus far proven to be a reliable and competent online trading broker.
  • I left a review on their last trustpilot and will leave one here as well.
  • A trading platform is a type of software that is used through which trading can be executed.
  • They write that they will get back to me the next day to verify the withdrawal but nothing happens.

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. There is no information pertaining to the spreads that can be expected when trading with Videforex. Movements in the price of foreign exchange and commodities are very unpredictable, hence Videforex cannot guarantee a maximum loss that a trader may suffer. The lack of education is a great drawback as it would suggest that Videforex does not make provision for beginners who have to learn about trading. According to the Videforex website, there are a number of bonuses and promotions. 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.

Predict market direction!

Although https://traderoom.info/github-gitlab-bitbucket-azure-devops/ 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. One thing we noted about the broker is that they charge a specific commission to traders who choose to open unleveraged digital currency CFD positions. In terms of trading conditions, this is primarily dependent upon the type of underlying asset that is being traded. While the typical return on investment at Videforex is around 80%, it is possible to earn a maximum payout of up to 95% if the conditions in the markets are ripe for the picking.

videforex

VideForex accept deposit from all countries via Visa, Bitcoin, Ethereum, Netteller, Skrill, Perfect Money and other Altcoins. 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. I did write a review earlier, still nothing has changed and we are 3 months further.More than half a year and still got not even 1 euro back.This company is a scam.

Customer support

There is no indication that Videforex offers the option for a demo account. Margin is the amount required at the start of every trade which is collateral for any credit risks which may arise while trading. It is expressed as a percentage of the position size and traders must ensure that they have adequate funds to cover this requirement. Brokers often cap bonuses above a certain level and there are strict terms and conditions involved with these bonuses. Bonuses are often offered as trading credit which can be used and of which profits can be withdrawn.

videforex

This account only requires a minimum deposit of $250 to open and comes with a 20% deposit bonus. However, there are also some disadvantages to be aware of when using VIDEFOREX. One significant drawback is the lack of valid regulation in place, which can be a concern for potential customers. Additionally, there may be potential transfer fees for some payment methods, and the platform does not offer any educational resources for clients who are new to trading.

Bronze account features

The platform allows clients to stay connected with the global market and not miss out on any trading opportunities. However, VIDEFOREX does not have a valid regulation in place, which means that customers should exercise caution when considering trading with them. Additionally, the platform does offer 24/7 phone support for customers with any questions or issues. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

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This amount is often lowered substantially when leverage is applied. When requesting a withdrawal, traders are required to provide identification every time they request a withdrawal, regardless of the amount. The broker seems to specialize in Forex and binary options primarily. However, they also offer a bunch of other products including CFDs, stocks, ETFs, and market indices. When it comes to withdrawal, traders can use all the major payments methods mentioned above.

Videforex Integrations

The VideForex trading brokerage was founded in 2016 and is based offshore in the Seychelles. 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.

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Nonetheless, VideForex does not offer extra educational resources such as trading signals and trending market news. Additionally, VideForex has a minimum withdrawal amount of not less than $50. The best thing about VideForex withdrawals is that they are processed within the hour. VideForex offers fixed spreads with the average for the EUR/USD pair currently standing at two pips. Major indices provided by this broker include US DOW, S&P 500, Nasdaq, DAX, FTSE 100 UK, ISE and many others. The commodities available include Silver, Platinum, Oil, Sugar, and Coffee.

Each account comes with a demo facility, 1 hour withdrawal time and a copy trading facility. VideForex rewards traders who are dedicated to their brand by allowing them to participate in weekly contests where prize funds of $20,000 are awarded every week. 20 skilled traders receive cash prizes, electronics, tickets, and more from the $20,000 prize fund every week. Other bonuses include an initial deposit bonus that ranges from 20% up to 100% depending on the size of your initial deposit.

  • VideForex offers research & education resources through their parent company.
  • A demo account is offered by brokers as a risk-free trading environment where traders can use virtual funds to either explore the broker’s offer, practice trading, or test strategies.
  • Requested a withdrawal 4 months ago and am still getting the run around.
  • The legal entity behind Videforex is called INVOLVA CORP and is registered on the Marshall Islands.
  • VideForex gives investors, who wish to Forex and cryptocurrency, an ability to trade contracts for difference without actually owing the instruments as it is in traditional Forex trading.