Deposit with a Range of Crypto Currencies Videforex Review

It’s crucial to research the broker and their reputation thoroughly, and understand the risks before deciding to trade. But it’s not regulated by any financial authorities, which we think is a warning sign when picking a reliable broker. When a broker isn’t regulated, it means they don’t have a license from any financial regulatory authority.

• When a trader signs up with Videforex, account verification is not required and your account status will remain not verified until a withdrawal is requested.
• This does not influence our ratings, recommendations, or editorial opinions in any way.
• No, VideForex does not accept traders from the United States due to legal restrictions.
• Choosing the right broker is crucial to your success and overall trading experience.
• Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria.

Avatrade Commission Fees, Inactive Fees, and Other Fees Details

No traders from the United States are unable to open an account and trade with Videforex. Brokers in this location do not have to adhere to any financial regulation so we recommend caution before making a deposit. The company’s forgotten password process is straightforward and customers can follow their profiles on social media, such as Twitter and Instagram for live updates. Trend following involves identifying the direction of the market trend and placing trades in the same direction. This strategy relies on technical indicators such as moving averages, trend lines, and the Relative Strength Index (RSI) to identify trends and potential entry points.

SoFi Broker Review: Fees, Pros & Cons (

Both novice and experienced traders can join, as all accounts are automatically entered. This spread varies with the instrument, considering liquidity and external market factors. They strike a balance in costs; not the cheapest, but not the priciest, either. This helps avoid platforms with poor executions due to low fees or profits lost to high costs. To open a live account with Videforex, the minimum deposit requirement is $250 or equivalent currency for the Bronze account.

Crypto withdrawals are free, but credit card withdrawals incur a 5% fee. To minimize costs, using cryptocurrencies like BTC, ETH, or LTC is recommended. The platform offers direct access to deposit and withdrawal functions through “Add Funds” and “Withdraw” buttons, streamlining account funding processes. We recommend choosing brokers regulated by top-tier financial authorities and having transparent business practices with strong user reviews to have a safer trading experience. This includes an economic calendar, market news and technical analysis.

This does not influence our ratings, recommendations, or editorial opinions in any way. Our mission is to maintain honest, accurate, and transparent content to help traders make informed financial decisions. It is important to analyse deeply the pros and cons of the services offered by any broker, as this will have a greater impact on your trading outcome. Our broker finder tool helps you choose a suitable one from the best brokers.

Videforex provides a demo account with $10,000 in virtual funds, allowing you to practice trading strategies and get comfortable with the platform’s features without any financial risk. We provide expert-written reviews and in-depth guides to the best forex and binary options brokers online. Every piece of content is carefully researched, verified by financial experts, and regularly updated to reflect the dynamic forex and binary options markets. Videforex offers a unique in-house trading platform, bypassing MetaTrader 4 to ensure quality and reliability.

It is one of the largest and most liquid financial markets in the world, with a daily trading volume exceeding $6 trillion. Forex trading allows participants to speculate on the price movements of currency pairs, such as EUR/USD or GBP/USD. Videforex offers more than 100 assets to trade with a combination of forex currency pairs, CFDs on stocks, indices, commodities, and cryptocurrencies. 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. After depositing, you’ll access a Videforex demo account to develop strategies with simulated funds.

Additional Features

The minimum deposit requirement for the Silver account is higher at $1000. As a silver trading account holder, you will be entitled to a 50% deposit bonus once you have funded your trading account. Apart from the higher deposit bonus, silver account holders can also receive extra perks such as “3 Risk Free Trades” and a trading tutorial called “Master Class”.

The sleek system makes selecting your financial instrument a hassle-free process. You can get to your choice of currency pairs, commodities, and indices with just a few clicks. Plus, you have access to cryptocurrency pairings and fixed return options. Videforex allows you to trade binary options, forex, and CFDs anytime, day or night. Information on the TopForx.com website is for informational purposes only and does not constitute any motive or suggestion for visitors to invest money. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk.

Trading Contests

• Videforex has emerged as a reliable platform, offering a comprehensive suite of trading tools and features designed to cater to traders of all levels.
• I’ll be suing because I want my money and will not accept anything less.
• As cybercrime is on the rise and online scams prevalent, trusting your broker with your confidential data is important.
• TradingFinder.com assumes no responsibility for any potential losses or damages.
• Videforex is considered a good broker for its high number of payment methods, 24/7 market access and reliable customer support.

Our beginner-friendly tutorial also explains how to place a trade on the Videforex platform. The Videforex mobile app is great for Android users, offering an easy-to-use trading solution. You can trade various assets like cryptos, stocks, binary options, and forex. Easily view your trading history, make deposits and withdrawals, and execute trades with a simple click. Launched in 2017, Videforex offers access to stock, index, crypto, forex and commodities markets via binary options and CFDs.

Videforex Demo Account

Videforex frequently hosts trading competitions where traders can compete for cash prizes and other rewards. These competitions add an element of excitement to trading and provide an opportunity to showcase your trading skills. Breakout trading involves entering a trade when the price of an asset breaks through a significant support or resistance level. This strategy aims to capture large price movements that occur after the breakout. Technical indicators like Bollinger Bands and volume analysis can help identify potential breakouts.

The firm has grown in popularity due to the increase of swing trading binary options, CFDs and FX. Videforex.com offers a bespoke trading platform on the web and a free mobile application. Videforex does not impose fees for account opening or regular maintenance; however, accounts that show no trading activity are charged Environmentally friendly investing $10 monthly. The trading commissions for CFDs range from 1%–2.5% for non-leveraged, up to 5% for leveraged trades. Overnight positions attract a swap fee, and both deposit (for certain methods) and withdrawal transactions might incur additional costs.

Opening an Account

Funds typically become available for trading immediately upon confirmation from the provider. Videforex does not withhold taxes on account transactions; responsibility for tax compliance rests with account holders. These revenue streams allow us to remain financially independent of advertisers, enabling us to provide all services with maximum transparency.