The one hour guarantee for withdrawal processing once a trade has been settled is another great feature – very efficient! Nonetheless, it was slightly inconvenient to navigate since the interface could have been smoother. I would say it is not the most friendly platform, especially when I want to do quick exchanges on stocks that I am invested in. Our review covers everything you need to know about the online trading platform, including the sign-up and login process, plus how to deposit and withdraw. 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.
Therefore, clients should carefully consider their trading goals and needs before choosing an account type. 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. I’ve been using Videforex for a few weeks, and it didn’t quite impress me.
Copy Trading
The platform also features a plethora of functions which is fantastic for experienced traders. For general application, the needs of beginner traders are neither proportionate nor sufficient. Here is where the VideForex trading platform comes into the picture to make things perfect. The VideForex MetaTrader 5 claims to offer an exclusive trading experience to both beginners and professional traders. For example, let’s assume that a company ABC’s stock price currently trades at $24. The trader buys a binary option with a strike price of $25, and expires after one day.
To receive demo account access you need to fund your trading account and contact customer support to get an demo account credentials. However, you need to remember that leverage trading is not risk-proof. That means if you have incorrectly predicted the market, you will lose a huge amount of money. It happens because the fees charged on leverage trading are higher than those for non-leveraged assets. Not to mention that the minimum deposit amount for CFDs, forex, and binary options are the same.
Contact Details
- Again, no additional details were provided about how or when to access this class.
- When it comes to withdrawal, traders can use all the major payments methods mentioned above.
- To evaluate brokers, we test the accounts, trading tools and services provided.
- The unique features offered may offset the risk of limited regulatory oversight.
- Unlike other brokers that offer Metatrader4, Metatrader5, and extra trading platforms, VideForex does not provide any of these.
If this information is correct, then we can deduce that the 100+ assets are comprised of currency pairs, stocks, and cryptocurrencies. That would leave out assets such working capital business directory as indices, commodities, and more. You can quickly initiate trades from anywhere using the mobile version of Videforex. You can also keep yourself updated with the latest trends in the market with real-time feeds.
Videforex Demo Account
With your account funded, you can begin analyzing markets and executing trades. Navigate to Acciones baratas 2021 the trading platform, select an asset to trade, and use the technical analysis tools provided to make informed trading decisions. You can place trades, set stop-loss and take-profit levels, and manage your positions through the platform’s intuitive interface.
Is the VideForex trading terminal suitable?
The trading platform is one of the most crucial elements for traders willing to trade in the broking arena. The traders can know almost everything about the VideForex trading platform here. 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.
Therefore, it is essential to conduct a thorough and objective review of the broker before deciding to open an account and invest your money. In this article, we will review Videforex and evaluate its regulation, platforms, tools, education, markets, accounts, and funding methods. We will also provide our verdict on whether Videforex is a scam 10 best new stocks to buy now or a legit broker to trade with.