When the trading account balance of the customers is funded with the help of using direct bank transfer, funds will be placed within one working day. Once you have made a deposit, you gain access to a Videforex demo account. This is the ideal place to develop a strategy and get familiar with market conditions using simulated money. Then, when you are confident, you can start putting real capital on the line. The sleek system makes selecting your financial instrument a hassle-free process.
Time intervals for charts can also be changed into five different time frames, which are 1m, 5m, 15m, one h, and 1d. Trading has become so popular nowadays that people are choosing to focus on it rather than have to go to their nine to five jobs. This is understandable because trading can be done in the comfort of your own home. VideForex offers fixed spreads with the average for the EUR/USD pair currently standing at two pips. To close your Videforex account, you can email email protected to order the closing of your account.
If you are searching for a reliable broker that offers the best trading service, you must choose Videforex. It’s an excellent choice for traders from all around the world. This trading broker is considered the best for beginners, but professional traders also like using this broker. Not every online broker offers this, making Videforex a good fit for those with limited time or changing schedules. Quite simply, it ensures entering a position on the way to work, before bed, or late on a Sunday evening will always be an option. Day trading on the platform is straightforward for both beginners and experienced investors.
How long do withdrawals take on VideForex?
Surprisingly the broker doesn’t provide Meta Trader 4 or Meta Trader 5. Today it is rather unusual to see a broker without Metatrader 4 platform available. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. Whilst we try to keep information accurate and up to date, things can change without notice and therefore you should do your own research.
Like they’ve added this pool feature where you trade against other traders and payouts can be 1500%!!!! Sounds nuts and obviously will catch the eye of some traders. This effectively allows you to borrow money to strengthen your position. Importantly, it can significantly increase your profit potential. Unfortunately, Videforex is not currently regulated by any reputable legal and financial bodies like the FCA.
Contact & customer support
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. Below is a list of countries where Videforex offers its services. For example, if the fees of un-leveraged assets are between 1-2.5%, the fees for leveraged assets could be 5%.
Part Three: Videforex Deposit Process Guide
We do not provide financial advice, offer or make solicitation of any investments. Trading and investing in financial instruments comes with a high degree of risk and you can lose money. You should only engage in any such activity only if you are fully aware of the relevant risks. 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. However, we were surprised to find out that the broker has gone above and beyond to make their web-based trading platform mobile-friendly.
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After setting your order type, you should set the corresponding expiry time and date of your option. Subsequently, you could turn on VideForex’s Fix Time mode to properly time your trades. All your data is stored in your VideForex account so that you don’t have to add all your drawing tools again. By clicking on your text options, you can add anchored texts, notes, callouts, and price labels to keep notes for trading. Here, you will have access to drawing tools that allow you to employ Fibonacci-based techniques as well as harmonic patterns. Measuring tools can be found here as well and will be used if you want to measure your risk or probable gain.
- This gives their clients maximum exposure to the different types of asset classes on the market.
- This app is completely free, and you can get it on the Google Play Store for Android and the Apple App Store for iPhone.
- For forex, you can expect to find the seven major currency pairs along with minor and exotic pairs.
- If any third party enters the client’s information and withdrawal orders, the company is not liable for that.
It is done to assist the clients from the accepted countries correctly. As cybercrime is on the rise and online scams prevalent, trusting your broker with your confidential data is paramount. The website claims that they are regulated, but there is no evidence to back this claim. It’s best if you exercise caution when trading with this broker. Clients can also take screenshots of their charts by navigating towards the top left portion of VideForex’s platform and accessing Charting Tools. Further chart customizations can also be made for its style, scales, background, and timezone to fit your preferences.
Broker Review
- It’s an amazing option for busy traders who must create a trading schedule according to their needs.
- We provide broker reviews and ratings to help users find a suitable broker according to their own needs.
- What we loved most about VideForex’s customer service is their modern video chat feature.
- Rest assured, your quest for the ideal broker and trading advice concludes here.
- Featuring a 24/7 live video chat option, traders can contact a customer support assistant in real-time for help instead of a bot.
Despite this, there are some negative reviews, so always do your research before committing funds. Videforex will show a customer’s deposit as pending while it waits for confirmation from its payment system. Traders should check their funds are confirmed before entering a transaction. If the service is temporarily unavailable, this could delay entering at the desired price. Importantly, videforex minimum deposit withdrawals can be processed within an hour if a customer’s ID check has been completed.
Part Two: Videforex Deposit Methods
Therefore, clients should carefully consider their trading goals and needs before choosing an account type. But while these are useful features, there is a lack of advanced trading tools for account holders. For example, there is no economic calendar, forex heat map or online trading forum and tutorial.
With Videforex, you can open the possibility of unlimited trading throughout the year. It’s an amazing option for busy traders who must create a trading schedule according to their needs. This trading broker is owned and operated by Vide Projects Ltd.