If you’re a newbie to trading, finding the right broker who can guide you through the process is crucial. In this review by tradingcritique.com, we’ll delve into VIDEFOREX and provide an overview of the company, its features, and operations to help you get started as a trader.
Table 1: VIDEFOREX Overview
| Highlights | |
|---|---|
| Account Types | Bronze AccountSilver AccountGold Account |
| Funding & Withdrawal Methods | Visa, MasterCardE-walletsWire Transfer |
| Demo account | YES |
| Islamic Account | NO |
| Minimum deposit | 250 USD |
| Maximum Leverage | 1:500 |
| Market Instruments | ForexIndicesCommoditiesCurrenciesStocksCryptocurrencies |
| Trading Platforms | Web-VersionMobile Version |
| Customer Support | 24/7 |
VIDEFOREX Broker Review – An Intro
VIDEFOREX is a forex, CFD, and options broker based in the United Kingdom. This broker’s platform is accessible from any device, allowing both beginner and experienced traders to use it at any time and from any location. VIDEFOREX already has over 3,000 customers from all around the world. They also tout a trading volume of over $59 million as well as a total of $540000 in trader pay-outs.
Regulations and Trust ability Review of VIDEFOREX Broker
VIDEFOREX was created in 2017 and incorporated in the Marshall Islands. It is operated and owned by INVOLVE CORP. It claims to be regulated, according to their website. However, there is no evidence to support this statement. It is a Marshall Islands-based unregulated trading service. VIDEFOREX, on the other hand, is SSL certified.
Table 2: Regulation details on the VIDEFOREX Website
| Entities Name | Country | Registered Address |
|---|---|---|
| INVOLVE CORP. | Marshall Islands | Nr. 104693, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands. |
Review of Accepted and Denied Countries of VIDEFOREX Broker
The VIDEFOREX trading platform is designed to the objectives of investors and traders of all levels from across the globe. Nonetheless, this worldwide brokerage firm’s services are banned in the United States and a few Asian and European areas.
Table 3: Forbidden Countries in the VIDEFOREX Website
| Accepted Countries | Forbidden countries |
|---|---|
| The United KingdomKuwaitSaudi ArabiaDenmarkItalyHong KongSingaporeLuxembourgThe United Arab EmiratesNorwayQatarSwedenFranceGermanyIndiaSouth AfricaAustraliaThailand | CanadaThe United States |
Trading Instruments Review of VIDEFOREX Broker
VIDEFOREX allows traders to trade digital options & CFDs. Options trading are available on VIDEFOREX in four asset types. Currency, commodities, cryptos, and stocks are all examples of this. It offers CFDs on currencies, commodities, crypto, indices, stocks, and Forex, among other asset classes. There are 80 multiple types of stocks, 15 different currency pairings, nine different commodities, 13 different market indexes as well as for cryptocurrencies available on the site.
Assets of VIDEFOREX
Commodities
Currency
Indices
Table 4: Most Traded Assets on the VIDEFOREX Website
| Cryptocurrencies | Commodities | Currency pairs | Indices | Stocks | Forex | |
|---|---|---|---|---|---|---|
| BMWDaimlerDeutscheLufthansaStocksIOTABitcoin CashDashEOSEthereum ClassicEthereumLite coinOmiseGoMoneroZcashRippleBitcoin | GoldSilverCopperBrent oil | AUD/CHFGBP/AUDGBP/CADGBP/USDAUD/CADGBP/JPYEUR/CHFEUR/JPYUSD/CADUSD/RUBAUD/NZDEUR/USDCAD/CHF | AUD/USDGBP/CHFNZD/USDAUD/JPYEUR/CADEUR/NZDEUR/GBPUSD/SEKEUR/AUDUSD/JPYCHF/JPYUSD/CNH | SWISS20SPAIN35UK100HONGKONG50USA30USA500US-TECH100 | AppleStarbucksTesla | CADJPYCHFJPYGBPCADGBP CHFEURCADNZDCHFNZDJPY |
Trading Platforms Review of VIDEFOREX Broker
Clients of VIDEFOREX get access to its most advanced platform for Options & CFD trading, along with living video chat. The trading platform is available in two versions: web and mobile.
Mobile Trading
VIDEFOREX’s mobile app for iOS and Android is a great trading platform. Regular CFD & Options trading, as well as direct deposit and withdrawal, are all available through the app. This app is completely free, and you can get it on the Google Play Store for Android and the Apple App Store for iPhone.
Web Trading
Traders who use VIDEFOREX do not need to download any additional software. All they have to do is login into their account using their browser, which will instantly access the broker’s web platform. You may always utilize the web-based platform, which is equally mobile-friendly if you would not want to install any apps.
Table 5: VIDEFOREX Trading Websites of Supported Languages
| No | VIDEFOREX Trading Websites | Countries | Website Languages |
|---|---|---|---|
| 1. | VIDEFOREX Main | Global | English |
| Continent-Europe | |||
| 2. | VIDEFOREX Deutsch | Germany | English |
| 3. | VIDEFOREX Русский | Russia | Russian |
| 4. | VIDEFOREX Español | Spain | Spanish |
| 5. | VIDEFOREX Français | France | French |
| Continent-Asia | |||
| 6. | VIDEFOREX中文 | China | English |
| 7. | VIDEFOREX ไทย | Thailand | Thai |
Review on Account Types of VIDEFOREX Broker
VIDEFOREX has put together packages of the most popular services for our convenience. Opening an account with VIDEFOREX is completely free. The account type you qualify for is determined by the size of the initial trading deposit. You’ll be able to choose between three different accounts. The following are the three options:
Account Types of VIDEFOREX
Bronze Account
Silver Account
Gold Account
Table 6: Most Traded Assets on the VIDEFOREX Website
| Features | ||
|---|---|---|
| Bronze Account | Silver Account | Gold Account |
| A minimum deposit of $250 is required to qualify for the Bronze account. | A minimum deposit of $1000 is required to qualify for the silver account. | A minimum deposit of $3000 is required to qualify for the Gold account. |
| Support for live video chat is available 24 /7.Withdrawals can be made in as little as one hour.Demo account.Copy Trading tool.The bonus of 20%. | Live video chat help is available 24 /7Withdrawals are processed within one hour.Demo account.Copy Trading tool Master’s level (web session).Bonuses of 50% are available.The first three trades are risk-free. | Live video chat help is available 24 /7Withdrawals are processed within one hour.Demo account.Tool for copy trading.Master’s level (web session).Personal Success Manager.Bonuses of 100% are available.s availableThe first three trades are risk-free. |
Demo Account Review of VIDEFOREX Broker
You will be given access to a VIDEFOREX demo account once you have made a deposit. The demo account may only be used when a $250 deposit has been made. The amount of virtual money you have will be determined by how much you deposit into your trading account.
Review on Fees and Commissions of VIDEFOREX Broker
The VIDEFOREX commission is usually based on the account type chosen by traders. As a result, before making any trading decisions, traders must first investigate all accounts. Traders who choose a bronze account do not have to pay any commission.
Table 7: Fees & Commissions on VIDEFOREX Website
| Account Type | Account Type | Silver Account | Bronze Account |
|---|---|---|---|
| Commission | $2 | $3 | $0 |
| Spread | 0.0 pips | 0.0 pips | 1.4 pips |
| Initial Deposit | $3,000 | $1000 | $250 |
Funding and withdrawal methods Review of VIDEFOREX Broker
VIDEFOREX accepts a variety of payment ways. Credit cards (VISA/MasterCard), bank wire transfers, Bitcoin, Ethereum, Lite coin, Altcoins, Neteller, Skrill, and Perfect Money are all options for funding & withdrawing your account. If you deposit on weekends or holidays, you may have to wait a bit longer. Although there are no additional costs when adding funds using Bitcoin, Altcoins, and Ethereum, Visa & MasterCard transactions have a 5% charge. This is not a fee charged by VIDEFOREX. The credit card company, on the other hand, is in charge.
As previously stated, the minimum deposit varies depending on the type of account you choose to start. The minimum deposit for a Bronze account, Silver account & Gold account is $250, $1,000, and $3,000. The minimum withdrawal amount is $50.
Table 8: Funding & Withdrawal Method, Fees & Processing Time on VIDEFOREX Website
| Deposit/Withdrawal Method | Fees | Funding Time | Withdrawal Time |
|---|---|---|---|
| VISA/MasterCardWire transfer | 5% | Instant | Up to 1 hour |
| Bitcoins | – | Instant | Up to 1 hour |
| Altcoins | – | Instant | Up to 1 hour |
| Ethereum | – | Instant | Up to 1 hour |
Basic Currencies Review of VIDEFOREX Broker
Basic Currencies of VIDEFOREX
USD
EUR
GBP
Leverage Review of VIDEFOREX Broker
To trade these assets, clients might use leverage. The leverage for forex, index CFDs, and commodities CFDs can be as high as 1:500. The leverage for cryptocurrency CFDs is 1:10. Finally, stock CFDs have the leverage of 1:100.
Table 9: Account Types and their Leverage Ratio on VIDEFOREX Website
| Account types | Leverage |
|---|---|
| Gold | 1:500 |
| Silver | 1:500 |
| Gold | 1:500 |
Trading Hours Review of VIDEFOREX Broker
VIDEFOREX is open for business 24 hours a day, seven days a week. It is a great option for people who have a limited amount of time or an erratic schedule
Copy Trading Review of VIDEFOREX Broker
Copy trading is a tool for beginners and those who wish to trade automatically rather than manually. Despite having a large number of assets to pick from, VIDEFOREX goes above and beyond by allowing its customers to copy-trade their other successful clients. You’ll be able to check VIDEFOREX top 10 traders and their profit percentages over the last several months. You may set a certain investment amount with any of the top traders and wait until you are pleased with your profit.
Bonus and Offers Review of VIDEFOREX Broker
Referrals
The Traders may also use referral links to earn extra cash. Simply forward your link to a friend, and you’ll receive 20% of anything they deposit. The “Referrals” tab is where you’ll see your referral link.
Trading Bonus
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. The bonus amount is determined by the amount you deposit initially.
Giveaways
On the website of this broker, there are also giveaways. Traders who participate in the offer have a chance to win a variety of gadgets that make trading easier. The most prevalent gadgets are tablets, PCs, telephones, & smartwatches.
Trading Contest
All transactions are counted for a trading contest, regardless of the outcome, and the minimum trade amount should be $10. Every Sunday at 21.00 GMT, the competition begins and concludes at 21.00 GMT on Friday. Everyone who trades on VIDEFOREX is automatically registered in the tournament. The top four finishers will get a cash prize of $20,000 each. Prizes and bonuses are being awarded to other locations.
Education and Research Review of VIDEFOREX Broker
There are no other tools or resources available. There is simply a FAQ section with a few queries and their answers, but no more information is supplied. VIDEFOREX does not provide any educational resources, except a two-video embedded video on the site.
- How to Trade Binary Options?
- How to Trade CFDs?
Rewards & Risk Review of VIDEFOREX Broker
VIDEFOREX has both advantages and disadvantages which are listed in table 10.
Table 10 : Rewards and Risks of the VIDEFOREX
 Pros |  Cons |
|---|---|
| Withdrawals are guaranteed to be processed within one hour. | Clients are not provided with educational materials by the broker. |
| Trading 24 hours a day, 7 days a week, including on weekends. | VIDEFOREX does not disclose the amount of commission charged upon order execution. |
| Several deposit and withdrawal methods available. | Clients from the United States are not permitted. |
| Trading is 100 percent safe, and all data is kept private. | |
| Possibility of trading under the supervision of an expert trader. | |
| Customer service is available in many languages 24 hours a day, 7 days a week. | |
| About 10,000 transactions are processed every day. |
Customer Support Review of VIDEFOREX Broker
All VIDEFOREX clients have access to a live chat trading feature. Representatives at VIDEFOREX can assist you in a range of languages. Although you’ll be sending messages in a public group chat, registered customers have access to a private chat function. You may also fill out the form on the “Contacts” page to give them your query or complaint. Once your form has been submitted, a customer service representative will contact you through email.
Table 10 : Customer Support Numbers on the VIDEFOREX Website
| Social Media Pages of VIDEFOREX | |
|---|---|
| https://www.instagram.com/VIDEFOREX_com/ | |
| https://twitter.com/VIDEFOREX_com | |
| Contact Number | |
| English | +1-829-9476393 |
| Singapore | 965-65425142 |
| Thailand | 02-21345671 |
| Australia | 61-8-5550-7288 |
| Russia | +7-499-7033774 |
| China | 3-395-0396 |
In a Nutshell
Want to find the ideal broker that caters to all your needs? Your search ends here! 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! Rest assured, your quest for the ideal broker and trading advice concludes here.
