Margin call is account state when all your open trades will be automatically closed. Margin call is triggered by 5% margin level (5% from free funds + opened positions margin). For instance, you have $1000 on your balance and you open several positions. In case your total floating profit/loss will reach -$950 (5% from free funds + opened positions margin), you margin call will be triggered. 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.
Withdrawal
Even when viewing the trading assets, the broker does not provide any information. When evaluating a broker, it is imperative to look at the fees which are charged. These often depend on numerous factors including the spread, commissions, and margin requirements.
- When evaluating a broker, it is imperative to look at the fees which are charged.
- Trading on the platform is straightforward for both beginners and experienced investors.
- This extensive selection reflects Videforex’s commitment to providing a user-friendly and innovative trading platform.
- Oddly enough, VideForex does not show bank wire transfer in the list of accepted withdrawal methods, but this could just be an oversight.
- If you want to register with Videforex, you must pay a minimum deposit of $250.
Deposits & Withdrawals
Oddly enough, VideForex does not show bank wire transfer in the list of accepted withdrawal methods, but this could just be an oversight. The costs appear to be the same as above, with a 5% fee on credit card transfers, but we’d advise that you confirm this with a support agent. We did note two items within the user agreement that we felt were worth sharing. The first was that any international wire transfer withdrawal will be charged an upfront $50 transfer fee. A demo account is offered by brokers as a risk-free trading environment where traders can use virtual funds to either explore the broker’s offer, practice trading, or test strategies. A trading platform is a type of software that is used through which trading can be executed.
Customer Support & Help
Registration is required before demo account credentials are provided. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments.
Videforex’s ongoing enhancements, including the addition of candlestick charts for technical analysis, further enrich the user experience. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. VideForex rewards traders who are dedicated to their brand by allowing them to participate in weekly contests where prize funds of $20,000 are awarded every week.
Best 100 Dollar No-Deposit Forex Welcome Bonuses
Each trading account has a different minimum deposit amount and features. VideForex features their very own proprietary web based trading platform that’s accessible via any web browser on most desktop computers and smart mobile devices. The platform is not required to be downloaded or installed and is accessible from anywhere in the world. Upon using the platform for the first time, it’s evident that it is intuitively designed and great for beginner traders.
Bonuses
Based in Seychelles, this broker operates as part of the Vanuatu-based Finance Group Corporation. Videforex does not offer a wide variety of payment methods that can be used to make deposits and withdrawals. Whereas numerous brokers offer Bank Wire Transfer, Videforex does not support this payment method, which is one of the most secure and reliable methods. There are more than 100 financial instruments spread across a variety of asset classes that can be traded through the proprietary Videforex trading platform offered. Videforex is an online trading broker based in Seychelles which offers the trade in a variety of Options and CFD instruments to traders from around the world. Videforex offers services in multiple countries and supports different payment methods.
Videforex has created a good reputation in the market for offering professional customer service. One can easily get round-the-clock multi-lingual support without any delay. 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.
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 ko interactive stock chart for its clients. However, the broker is not regulated by any reputable authority and has high spreads and commissions compared to other brokers.
This depends on the payment method uses and can be anything from an instant withdrawal or it may take up to several days, as the case may be with bank transfers. There is no information regarding the commissions which are charged when trading with Videforex. There is no information pertaining to the spreads that can be expected when trading with Videforex. Bitcoin (BTC) is the digital currency with the largest market capitalization and price levels and dominates 50% of the total crypto market cap.
This trading broker is designed in a way that it can correctly meet the needs of investors and traders present at all levels. Videforex offers its services in all the countries except the US and a few regions of Europe and Asia. If you are searching for a reliable broker that more money than god offers the best trading service, you must choose Videforex.
Plus, we dive into their platform and mobile app to review their key features. VideForex provides novice traders with exploring the use of zcash cryptocurrency for illicit or criminal purposes an exceptional online trading experience with a personalized level of support that boosts the trader’s confidence and ability to trade. The trading platform featured by VideForex is very simple yet sophisticated enough to competently trade CFDs and binary options on a variety of financial assets. The brokerage may not be licensed or regulated, but they have thus far proven to be a reliable and competent online trading broker. All in all, we would highly recommend VideForex to beginner and novice traders around the world. VideForex does not fall short in terms of the number of financial assets available to trade on their platform.
2023 also saw Videforex expand its suite of OTC assets with payouts up to 95% and trading opportunities on popular global markets. Clients simply need to decide whether the price of an underlying asset will rise or fall. Potential payouts and losses are fixed before the investor opens the trade. Our UK team takes a methodical approach to reviewing online brokers. Our experts also factor in their hands-on testing experience into broker ratings. The Bronze account requires the lowest deposit of $250 or equivalent currency.