Everyone who trades on VIDEFOREX is automatically registered in the tournament. The top four finishers will get a cash prize of $20,000 each. We do not provide investment advice or solicitation of any kind to buy or sell any investment products.
What is the maximum leverage offered by VideForex?
VIDEFOREX will welcome you with a discount code that will allow you to make 3 to 5 risk-free trades. Depending on the time restriction offered to you, they normally expire after 45 minutes or an hour. Depending on their account type, users will receive a 20%, 50%, or 100% trading bonus.
Whilst we try to keep information accurate and up to date, things can change without notice and therefore you should do your own research. If you are looking for copy trading signals, you can check out our best social trading platforms for some options. This entity does not offer regulated financial products or provide trading services. Create a free STARTRADER demo account and see how simple, smart trading can be.
Indicator & Drawing Tool Suite
- I have personally used around five binary platforms and Videforex is the one I enjoy using the most because the web platform takes seconds to open and load and you can place trades in one click.
- For those seeking to gain hands-on experience before committing real capital, Videforex offers demo accounts with virtual funds.
- The costs are quite high, unlike GKFX – which not only comes with lower spreads but has no minimum deposit while offering trading account options for all types of traders.
- This is the ideal place to develop a strategy and get familiar with market conditions using simulated money.
- You may eliminate options that you care less about using filters.
- For example, there is no economic calendar, forex heat map or online trading forum and tutorial.
You are able to determine the minimum and maximum trade amount as well as the proportion. Traders can also see the number of watchers and followers of each trade master on VideForex broker.
Customer Support
Despite this, there are some negative reviews, so always do your research before committing funds. The lack of regulation poses a significant risk for traders who choose to trade with Videforex. There is no guarantee that the broker will honor its obligations, process withdrawals, or safeguard client funds. There is also no recourse or legal protection for traders in case of any disputes or problems with an offshore broker. Furthermore, there is no way to verify the legitimacy, credibility, or reputation of the broker.
Does Videforex offers copy trading?
You’ll have the option to view a platform tutorial or skip it. You can also choose whether to receive updates and bonus offers. In terms of trading costs, Videforex is also quite an expensive option. For instance, there is an average spread of 1.5 pips, and an account fee of $1 for forex trading.
Ways Marketers Are Making You Addicted to Day Trading Alerts
Start by visiting a reputable broker directory like TradingFinder. Locate Videforex in the list of binary options brokers and click “Go to Website”. The Videforex platform is also weaker than the industry standard.
Is there a deposit bonus on Videforex?
We will also provide our verdict on whether Videforex is a scam or a legit broker to trade with. Videforex is an online broker that provides access to various markets through binary options and CFDs. The broker has a proprietary web-based platform that features live video chat support and copy trading. Videforex also offers attractive bonuses, fast withdrawals, and trading contests for its clients. However, the broker is not regulated by any reputable authority and has high spreads and commissions compared to other brokers. One of the standout features of the Videforex app is its user-friendly interface, which allows you to manage your account settings, monitor your trades, and initiate withdrawals seamlessly.
- To find out more about this broker, make sure you check out the following Videforex review below.
- Compare the markets and instruments offered by Videforex and its competitors.
- All content on this site is for informational purposes only and does not constitute financial advice.
- With direct access to Copy Trading, Turbo Saving plans, and real-time trade tracking, users can manage every aspect of their trading experience from a single interface.
Account Types and Enhanced Benefits
You should only engage in any such activity only if you are fully aware of the relevant risks. When trading these instruments, you do not own or have any rights to the underlying assets. In addition to bonuses, VideForex offers a weekly trading contest that offers a total prize fund of $20,000 which is distributed among 20 total winners. It appears that at least some of the prizes are offered in the form of bonus funds, starting with the participant who comes in 6th place.
Our broker ratings are also informed by the experience of our researchers during the evaluation process. Videforex has quite an average offering compared to many other online brokers. The costs are quite high, unlike GKFX – which not only comes with lower spreads but has no minimum deposit while offering trading account options for all types of traders. Videforex has a straightforward platform and quick sign-up process that will appeal to new swing traders.
I’ve been going around and around for months now with nothing to show for it! I’ll be suing because I want my money and will not accept anything less. Compare Videforex with any other broker by selecting the other broker below. No, the broker isn’t videforex copy trading regulated or licensed to operate in the US.
