Information on the TopForx.com website is for informational purposes only and does not constitute any motive or suggestion for visitors to invest money. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested, and only 11-25% of traders earn a profit. Besides lots of currency pairs, Videforex also offers some instruments you would like to trade on, such as Forex, CFD, Binary options and Crypto for your best choice.

How to Open a Tickmill Account 2025? (Step-by-Step Guide)

Before you start trading with real money, it’s advisable to explore the platform using a demo account. Videforex is one of those brokers that does not have any form of regulation. The broker is operated by Vide Projects Ltd, a company registered in Seychelles, an offshore jurisdiction that does not regulate forex or binary options trading. This means that Videforex is not subject to any audits, inspections, or compliance checks by any authority. It also means that the broker can set its own terms and conditions, fees, and policies without any transparency or disclosure.

Upon going to the VideForex website you are greeted by a friendly live support representative that hanging man candle you can see and interact with. The live video chat service is available 24/7 to VideForex customers and is accompanied with other contact methods such as email and telephone support. All support methods are very quick to respond and are very friendly, helpful and informative with their responses. Additional methods of support include the websites extensive FAQ page and contact via VideForex’s social media channels. Compared to so many other brokers online, Videforex is quite high-priced for all of its online trading accounts. This provides access to the Bronze account features, which include a bonus of 20%, a Copy Trading tool, and a demo account.

Reporting Tools

You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Opinions, market data, and recommendations are subject to change at any time. With all the asset classes available, as well as bonuses and promo codes, VideForex can be considered a good broker, depending on how you define it. When it comes to this broker’s customer support representatives, they are prompt to reply and are often able to answer queries and help with ameritrade forex broker concerns.

If the trade results in a loss, Videforex will refund the amount. For example, there aren’t any spread charges available for traders that choose Silver or gold accounts. Ideally, these charges tend to vary from account to account so that traders can choose one as per their needs. But if traders trade on some specific account type with real money, they must pay some charges.

VideForex Bonuses & Promotions

Options traders will also be glad to find out that they could switch to candlesticks charts which will be discussed below. Nonetheless, VideForex does not offer extra educational resources such as trading signals and trending market news. While there some brokers in the industry with higher fixed spreads, VideForex’s spreads are very high. We recommend that you avoid this broker if you are looking for a low-cost option.

CFD and Forex

The Scotland-based broker was launched in 2017 and is a subsidiary of the Financial Group Corp (FGC). While FGC owns the rights to the VideForex brand, the broker operates as a separate legal entity. Not to mention that the minimum deposit amount for CFDs, forex, and binary options are the same. You can always use the web-based service if you do not find the mobile app Videforex trading comfortable. This service is also mobile-friendly and relatively easy to use. It allows traders to fund their accounts from any part of the world.

• One thing we noted about the broker is that they charge a specific commission to traders who choose to open unleveraged digital currency CFD positions.
• Opt for leveraged CFD cryptocurrency positions, and the fee can climb to 5%.
• Trading on the platform is straightforward for both beginners and experienced investors.
• Although they offer frequent promotions and tonnes of bonuses, we advise traders to interact with VideForex cautiously.
• This payment structure also applies when you want to withdraw money, and the withdrawal request for your own money is guaranteed in one hour.

This trading broker is considered the best for beginners, but professional traders also like using this broker. The company is licensed in the Marshall Islands, known for offshore trading and the absence of regulation. Traders who deposit funds with a broker with no regulation do so at their own risk. In the UK, financial service providers must be regulated with the Financial Conduct Authority (FCA).

As you can see, the higher you invest, most profitable trading strategies the better features you get. But if you are a beginner, you must stop yourself from depositing high initial amounts by choosing the Bronze account. In contrast, Videforex has extended support in multiple languages, including French, English, Spanish, Dutch, Thai, and Russian.

So, people interested in trading with a broker without a regulated license should be careful. It’s crucial to research the broker and their reputation thoroughly, and understand the risks before deciding to trade. Tradingcritique.com is the ultimate guide to help you navigate through the best broker in the market. We’ve got you covered with an all-inclusive review of the best brokers out there. And if you’re looking to up your trading game, we’ve got just the thing for you!

VideForex Commissions & Fees

Unfortunately, Videforex is not currently regulated by any reputable legal and financial bodies like the FCA. A few negative reviews have also been reported as well as some customers referencing withdrawal issues. All the services on the TopForx.com website are free for you to use.

• VideForex is an offshore FX broker that has been in operation since 2017.
• Here, the traders also need to do the KYC verification where they must provide identity proof and, of course, the identity proof, which will help them fetch the account.
• Videforex has emerged as a reliable platform, offering a comprehensive suite of trading tools and features designed to cater to traders of all levels.
• Since these providers may collect personal data like your IP address we allow you to block them here.
• The trading is accessible for traders who choose a Demo account.
• Videforex will show a customer’s deposit as pending while it waits for confirmation from its payment system.

The platform also provides instant order executions, detailed trading history and built-in live video chat support. In addition, the browser-based solution comes with a selection of technical indicators and an intuitive market insights tool. VideForex customers can trade on various assets including binary options, stocks, CFDs, forex, and cryptocurrencies.

On the downside, more advanced traders may find the single platform and the low number of assets available limiting. And critically, Videforex is unregulated and should be reviewed carefully before committing funds. Videforex offers much higher levels of customer service than alternative brokers. Featuring a 24/7 live video chat option, traders can contact a customer support assistant in real-time for help instead of a bot.