videforex io Reviews Read Customer Service Reviews of

To find out more about this broker, how to gain access to binary options trading, foreign exchange, and a powerful trading solution, check out the Videforex review below. VideForex has followed the exact layout of its other web properties, where the accounts are categorised into three distinct packages. The cheapest account is a Bronze account, which has a minimum deposit requirement of $250, but you get access to a free demo account, copy trading tool, and the basic account features.

Videforex Trading Platform

The use of VideForex platform does not induce much confidence, as the platform is a proprietary interface that offers both binary options and FX/CFD products through a Web Trader. Web traders have traditionally been marginally inferior to installable interfaces, as web-based interfaces don’t provide the much-needed dexterity for trading. Free demo accounts are available and with this broker, we truly advise that you create one, even if you are an experienced Forex trader. The reason for this recommendation is the fact that far too little trade-related information is provided on the VideForex website. In addition to that, the customers’ feedback from dealing with live accounts doesn’t seem to be anywhere close to neutral even. Our UK team takes a methodical approach to reviewing online brokers.

Trading Accounts

  1. For this reasons, we recommend that you take extra precaution when opening an account with them.
  2. The bonus meter which is provided on the Accounts page of the Videforex website has a slider that calculates the US Dollar value that traders will receive upon making their first deposit.
  3. An index fund is a collection of investments that follows the performance of a group of companies or a market index.
  4. Forex trading (foreign exchange trading) is the act of buying and selling currencies globally.

It will take liquidity and external markets for the underlying financial instrument into account. A useful extra feature is social trading, also known as copy trading. This allows you to learn from experienced and successful traders, enabling you to copy the trades of high-earning investors. Although VideForex is new in the brokerage industry, they offer many products and their customer service is commendable. 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.

JustMarkets Account Types

The commodities available include Silver, Platinum, Oil, Sugar, and Coffee. They took over a $1000 from me, I was trying to withdraw $200 and they keep rejecting until I decided to close the account and get my money out, They took all the money for “suspicious activity”. They were rude and blocked me in their public chat because I was asking an answer from them for taking my $1000.

VIDEFOREX – An Honest Broker Review 2023

I did a trade and won in 2 minutes as set but the trade went on and on for 58 mins in error and did not take profit. Videforex refused to pay me the win despite video evidence attached sent to them and they have accepted it was a win. Videforex warns potential customers that Forex and CFDs trading carries a high risk and may not be suitable for all investors. The Videforex ‘Contact’ section offers the option of completing an online contact request. There are also numerous telephone numbers for assistance in various jurisdictions.

Therefore, it is strongly advised to avoid trading with unregulated brokers like videforex. Trading with such brokers exposes traders to a high level of uncertainty, insecurity, and potential fraud. Instead, traders should look for brokers that are regulated by well-known and respected authorities, such as the FCA in the UK, ASIC in Australia, CySEC in Cyprus, or NFA in the US. Please see a list of regulated brokers for some alternative options. The broker’s complete range of assets is available, from cryptos and stocks to binary options and forex. In addition, users can view their trading history, make deposits and withdrawals, and execute orders at the click of a button.

Whenever I had a query or needed assistance, their online or email support team was quick to respond, and their professionalism was truly commendable. It’s reassuring to know that your concerns will be addressed promptly. The personal managers at Videforex are a true asset to the platform. Their guidance and support have played a significant role in my trading journey. I must mention the timely withdrawals that Videforex ensures.

Platform is beautiful and easy to use with a casino feel and deposits are easy to make. Problem is price always feels manipulated and spike outs happen often. Also if you try to withdraw your money you will eventually get contacted by a account manager who will tell you she is declining the withdraw and forcing you to take another bonus.

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. Major indices provided by this broker include US DOW, S&P 500, Nasdaq, DAX, FTSE 100 UK, ISE and many others.

The promotion is only valid for the month of October and ends October 31 at 23H59 GMT with the draw taking place on November 5 at 10H00 GMT. When requesting a withdrawal, traders are required to provide identification every time they request a withdrawal, regardless of the amount. In addition, there is also a minimum withdrawal limit of $50.

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