A few negative reviews have also been reported as well as some customers referencing withdrawal issues. On the downside, the platform is fairly basic versus the likes of MetaTrader 4 (MT4) and MetaTrader 5 (MT5). It will meet the needs of most beginners, but seasoned traders may be disappointed by the lack of advanced features. While trading in a demo account, you can develop hands-on experience.
This platform offers you some bonuses depending on the option you choose. Don’t forget to activate it (the “Activate” button at the top right)! After that, click on the green “Continue” button (at the bottom right). I like that the potential returns at Videforex are higher than binary platforms I’ve tried in the past. But to get a decent welcome bonus you really need at least a Silver account which needs a $1000 deposit and more than I could afford. The platform itself is super easy to use, even for beginners like me.
We aim to help you find the best broker according to your own needs. Although VideForex is new in the brokerage industry, they offer many products and their customer service is commendable. Customers can choose to access VideForex’s web-based platform via their Android and iPhone devices. Similarly, the platform is compatible with tablets and iPads. VideForex also has native trading apps that are available for free on Play Store and App Store.
Articles and content may not reflect the actual laws and regulations. You can finance your trading account with the help of credit cards, bank wire transfer, Bitcoin, Ethereum, Altcoins, Skrill, Perfect Money, and many others. If you want to call any corporation that owns the Forex and binary options broker, they are known as Vide Projects Ltd. Dealers would be available 24/7 to remedy any difficulties with the help of a public or private live video connection. Thus, this criterion of support videforex minimum deposit service is much elevated than the industry standard.
From here, you could execute your order automatically by way of a market order. During this review, we have tried to chat with the support about various topics related to trading and technical support. The representatives were able to handle simple questions without any trouble. We happily noticed that there was nothing sexual involved in the conversation despite the nature and the view of the stream video.
The broker is operated by Vide Projects Ltd, a company registered in Seychelles, an offshore jurisdiction that does not regulate forex or binary options trading. This means that Videforex is not subject to any audits, inspections, or compliance checks by any authority. It also means that the broker can set its own terms and conditions, fees, and policies without any transparency or disclosure. Additionally, the binary options trading platform has some mouth-watering bonus packages. Traders are offered bonuses of up to 100% of their initial deposit.
To trade CFDs or Forex, you need to select what you want to buy or sell from the list of asset classes and their respective list of assets. The assets you can trade here include currencies and CFDs for commodities, Cryptocurrencies and crypto pairs, Indices, and Stocks. To access the trading platform, clients simply need to log in to VideForex’s website using the email and password that they used upon signing up.
Representatives at VIDEFOREX can assist you in a range of languages. Although you’ll be sending messages in a public group chat, registered customers have access to a private chat function. You may also fill out the form on the “Contacts” page to give them your query or complaint.
That means if you have incorrectly predicted the market, you will lose a huge amount of money. It happens because the fees charged on leverage trading are higher than those for non-leveraged assets. This trading platform offers a 100% deposit bonus on the first deposit.
For forex, you can expect to find the seven major currency pairs along with minor and exotic pairs. As mentioned above, VideForex does not offer the fancy Metatrader4 and Metatrader5 trading platforms provided by most brokers in the industry. Unlike other brokers that offer Metatrader4, Metatrader5, and extra trading platforms, VideForex does not provide any of these. Beginner traders mostly prefer brokers with an affordable minimum deposit requirement. VideForex offers a minimum deposit of $250 which is somehow higher when compared to brokers of its category.
The top four traders get $20,000, while the rest get trading bonuses or gadgets. A trading bonus of 20 %, 50%, or 100% will be granted to users depending on their account type. The exact amount of the bonus depends on your initial deposit.
A customer representative will get in touch with you via email once they have processed your form. Simply share your link with a friend, and you can get 20% of the amount that they deposit. VideForex’s registration form will ask for your full name, phone number, email address, password, and preferred currency. Make sure to read the Risk Statement and Terms forms before you hit that sign-up button. Charting for CFD’s and forex will be in Candlesticks and can be further customized into Bars, Candles, Hollow Candles, Heikin Ashi, Line, or Area charts.
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