Videforex Review Should You Use This Trading Platform?

Bitcoin (BTC) is the digital currency with the largest market capitalization and price levels and dominates 50% of the total crypto market cap. Leveraged products, such as Forex, increases the potential profits of the trader, but it also increases the risks and subsequent losses that the trader may incur. When evaluating a broker, it is imperative to look at the fees which are charged.

The varied assets available should keep even the most professional trader satisfied, but it may get tedious for beginner traders to choose a handful of instruments from the overall choice. Nevertheless, with practice and trading experience, traders should be able to choose their preferred instruments. VideForex is a company that has ventured into the world of Forex and CFD trading to try their hand at one of the largest financial products in the market. Forex and CFD trading is a large legal activity across the world, but there may be some regulatory restrictions that vary from country to country. These multiple funding options provide you with flexibility and convenience.

Alternatively, you could set a limit order that allows you to edit your entry price, stop loss and take profit levels. This allows more control in handling your trades and could lead to more gains and fewer losses. Clients can also take screenshots of their charts by navigating towards the top left portion of VideForex’s platform and accessing Charting Tools. A new link will pop up, and clients should click on the Take a Snapshot button on the top right portion of their screen, or they could simply enter the hotkey for it, which is Alt + S. Further chart customizations can also be made for its style, scales, background, and timezone to fit your preferences. Options traders will also be glad to find out that they could switch to candlesticks charts which will be discussed below.

VideForex Mobile App

Therefore, we advise you to choose a regulated and secure broker. This guarantees that there is a regulatory body looking after your interests as a trader. From our experience, we can say that VideForex is highly regulated and safe. The Commodity Futures Trading Commission oversees the broker and VideForex offers a high level of security for customer data. Videforex has an easy-to-understand interface, which is suitable for novice traders. This trading broker has a simple interface, including all the elements that traders require for properly trading binary options and CFDs.

Capitalix

• In summary, Videforex has established an effective support and customer service system to ensure that you have all the necessary tools and assistance to excel in your trading endeavours.
• Below is an in-depth review of Videforex to help you make an informed decision before opening your account or trading on their platform.
• You may also send them your question or concern by filling up the form found on the “Contacts” page.
• Once you have made a deposit, you gain access to a Videforex demo account.
• As a trader, you are required to use comprehensive trading tools to increase your chances of winning a trade.
• The ability to review my trading history instantly is invaluable for informed decision-making.

This is understandable because trading can be done in the comfort of your own home. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. Compare Videforex with any other broker by selecting the other broker below. No, the broker isn’t regulated or licensed to operate in the US. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Is Videforex Regulated?

One can easily get round-the-clock multi-lingual support without any delay. Videforex is one of those brilliant trading brokers that allows you to place trades for just $1. VideForex has a live chat trading feature that is open to all their clients. Here, you’ll have the freedom to speak to any of the online representatives. You can see a full list of the supported languages on the drop-down box found in the chat window.

Videforex review of the trading platform:

Users can download its trading app through Google’s Play Store or Apple’s app store, based on their operating system. The mobile version of the app allows traders the flexibility to trade from anywhere. Also, it keeps you updated with news surrounding financial markets with its real-time feeds. However, if you do not prefer to use a mobile app, you can go for the web-based platform, which is also mobile-friendly, relatively easy, and convenient to use.

By leveraging the available bonuses, you can boost your trading capital and potentially enhance your overall trading experience with Videforex. It is essential to be aware of the regulatory environment when choosing a broker. Videforex is based in Seychelles, which is known for being a popular offshore financial centre. However, you should always conduct thorough research to ensure that the broker’s platform complies with any relevant regulations applicable to your jurisdiction.

Trade with a Regulated Broker

As a user of their platform, you will find it easy to access their live video chat support feature, which is open to all clients. This allows you to speak directly with an online representative whenever you require assistance. Also, veteran traders may not be hyped about the lack of analysis tools and overall simplicity of the trading platform. The lack of a demo account without depositing real cash and the lack of regulation are important, risky aspects to be considered before you start trading and investing money. Hence, beginners should be aware of the fact that they will not be able to test the broker’s tools and features unless they commit real cash first.

How to use Videforex trading app?

• While this is somewhat concerning, VideForex comes from a reputable background and has been competently providing trading services since 2016.
• Videforex’s trading platform is intuitive and simple, so it could be a good starting point for beginners.
• We aim to help you find the best broker according to your own needs.
• And I prefer intuitive designs, so I struggled a bit to find my way around initially.
• Well, Videforex complies with all financial regulatory standards.

Plus, we dive into their platform and mobile app to review their key features. Videforex is an accessible trading platform for those looking to dive into the world of binary options and CFD trading. The platform offers competitive features such as a low minimum deposit, user-friendly interface, and a variety of financial instruments. However, the lack of regulation and limited educational resources may be a concern for some traders.

Funds Deposit and Withdrawal

PerfectMoney is available with up to 1 hour processing time and no fee. Credit/debit card deposits (VISA and MasterCard) will be processed instantly with a 5% transfer fee. Videforex was established in 2016 and is operated by INVOLVA CORP, located in the Marshall Islands. The broker is not registered with any financial authorisation or regulatory body. The Videforex ‘Contact’ section offers the option of completing an online contact request.

However, always make sure to trade within your means and not risk more than you can afford to lose. videforex reviews VideForex understands the importance of familiarising yourself with their platform and trading strategies before committing real money. Hence, they provide a demo account to all account holders, including Bronze, Silver and Gold account holders.