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Additionally, VideForex has a minimum withdrawal amount of not less than $50. The best thing about VideForex withdrawals 2 reasons facebook stock is a buy is that they are processed within the hour. If simplicity is your thing, we believe that you’ll love VideForex’s trading platform. Newbies will have a wonderful time interacting with this trading platform. The traders can use expert help to invest in the avenues and make profitable trades.
The average withdrawal time for VideForex is 54 minutes, which is quicker than a majority of brokers. Quick deposits and withdrawals are facilitated through leading payment processors such as e-wallets, credit/debit cards, and cryptocurrency wallets. The broker adopts secure wizardsdev – fintech development company payment channels for the best in funds safety and holds all clients’ money in top European bank accounts. We found the charting options to be quite limited, along with the availability of binary options trading that may confuse traders.
Professional traders tend to have complete requirements, which is way different from beginner traders. Note also that VideForex does reserve the right to charge $10 per month for each and every month wherein the client has not executed at least one trade. To avoid this charge, be sure that you do enter into a least one position monthly.
- VideForex has followed the exact layout of its other web properties, where the accounts are categorised into three distinct packages.
- VideForex offers a minimum deposit of $250 which is somehow higher when compared to brokers of its category.
- To open an account, UK clients must complete the online registration form.
- The design feels quite dated and unintuitive compared to other trading platforms I’ve used.
- This average customer rating is based on 4 Videforex customer reviews submitted by our visitors.
I am sharing my experience.
The design feels quite dated and unintuitive compared to other trading platforms I’ve used. As someone who doesn’t use MetaTrader, I was hoping for a more modern UI. However, it’s a solid option despite the clunky interface, if you can look past the outdated design. Videforex may be more suitable for experienced and successful traders, thanks to the high minimum deposit, and lack of education and guidance. While Videforex is new to the market, it offers its clients a huge range of trading assets.
Demo Account
This involves providing identity documents and proof of residence. Traders should select GBP as the base currency when creating an account. Major indices provided by this broker include US DOW, S&P 500, Nasdaq, DAX, FTSE 100 UK, ISE and many others. The commodities available include Silver, Platinum, Oil, Sugar, and Coffee. The traders will get their login credentials once they verify their identity with the broker.
Videforex Review – Is This Forex Platform Worth Using?
After position is closed, investment will be returned back to your balance. Cryptocurrency is a digital currency, which functioning is based on blockchain techology. The most popular cryptocurrencies are Bitcoin, Ethereum, Litecoin, Dash, Ripple. The funds will be available for trading immediately, once we receive a confirmation from payment system. Traders also get a chance to use unique tools that increase their chances of winning a trade. Furthermore, the clients of Videforex can participate in the competition and win huge rewards.
For CFD trading, the spread is variable and based on market conditions. New clients are asked to submit an initial deposit in the amount of $250. We’re assuming that this will sto responsible micro sized child resistant container provide one with the lowest account tier, which is Bronze.
Leverage
Accounts without a bonus must achieve a 100% turnover on the initial deposited amount before a withdrawal is permitted. Accounts with a bonus are subject to a 300% turnover cap before a withdrawal is allowed. 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.