It’s an amazing option for busy traders who must create a trading schedule according to their needs. This trading broker is owned and operated by Vide Projects Ltd. As always, there are terms and conditions surrounding bonuses, so please be sure to read through those completely prior to accepting a deposit bonus on your account. There is a 5% transfer fee charged on all credit card deposits, where the is no charge on any other deposit method. A deposit request via credit, debit card or via e-wallet will be processed within 3 hours. It can take Videforex up to 3 business days to process incoming bank wire transfers and to verify that the funds have been received.
With the minimum deposit of $1,000 plus the 50% bonus, your total funds would be $1,500. For options trading, you will notice that you are not able to trade indices and are limited to only forex, commodities, stocks, and cryptocurrencies. To trade options, you must learn the basics of what a binary option is and the definition of the common terms such as put and call. The asset classes as CFDs offered by VideForex are currencies, commodities, crypto, indices, and stocks. However, when it comes to stocks, there are over 50 CFD stocks available. Some of the most common stocks found on the platform are Apple, Starbucks, Tesla, and Apple.
- Traders pay the brokerage or commission charge for selling or purchasing an asset.
- Here again, we recommend reading the terms and conditions to fully understand the rules.
- Once you’ve logged in, you will notice that everything you need for trading will be on this web-based platform.
- Regardless of the method, withdrawals take an hour after processing your request.
- 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 concerns.
Like some other trading brokers, Videforex also offers its clients leverage trading. Under the leverage trading process, the traders can borrow capital from the broker to enhance their buying potential. If you are searching for a reliable broker that offers the best trading service, you must choose Videforex. It’s an excellent choice for traders from all around the world. This trading broker is considered the best for beginners, but professional traders also like using this broker.
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How to open an account with Videforex?
Start leveraged trading on cryptos against fiat currencies and other alt coins. Whether new to the trading world or not, read this article to get an in-depth insight into Videforex and its features. 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. There is no maintenance or registration charge when you sign up for an account.
Even though Seychelles has their own regulatory authority who governs the financial services businesses based here, VideForex remains unregulated by them. While this is somewhat concerning, VideForex comes from a reputable background and has been competently providing trading services since 2016. As mentioned earlier, VideForex is an international trading brokerage that serves traders from all over the world.
Mobile Trading
Investing.co.uk has been helping British traders find the right broker for over 20 years. Videforex assures 3D-secure and VISA-secure code payment authentication for all deposits. To open an account, UK clients must complete the online registration form. This involves providing identity documents and proof of residence. Traders should select GBP as the base currency when creating an account.
Fast processing times is available for all payment methods, and are guaranteed within 1 hour. Videforex stands out with its comprehensive and user-friendly mobile trading solution, offering https://www.topforexnews.org/ short-term binaries across a wide range of assets. The web-accessible application is fast, intuitive, and perfect for beginners, complete with a helpful guide upon first use.
Videforex offers binary options and leveraged CFDs on major, minor and exotic currency pairs, a dozen cryptos including Bitcoin, plus commodities like gold. You can also trade major indices like the Dow Jones 30, S&P 500, and FTSE 100 (CFDs only). But while these are useful features, there is a lack of advanced trading tools for account holders.
VideForex Account Types
This can be used by seasoned options traders to take advantage of the small movements of an asset. These assets could be forex pairs, commodities, cryptocurrencies, crypto pairs, or stocks. Videforex offers https://www.dowjonesanalysis.com/ 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.
Videforex follows standard office hours and 24-hour trading hours Monday-Friday. Trading hours vary by instrument and can be found directly on the trading platform, displayed in GMT. One of the best features of Videforex is the weekly contests. There is no entry cost, and twenty winners are listed each week. Both beginners and experienced traders can compete, as all accounts automatically participate.
Platforms & Tools
There are video tutorials on how to use the platform so their clients can easily execute trades and navigate their way through the broker’s system. Lastly, to open a Gold account, a minimum deposit of $3,000 is required. You must decide how much you’re willing to risk and input your desired investment amount in the box provided on the right-hand side of your trading platform. From here, you could execute your order automatically by way of a market order.
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Additionally, whether it’s going long or short on puts and calls, the expiry of your option will greatly influence your trading strategy. All your data is stored in your VideForex account so that you don’t have to add all your https://www.investorynews.com/ drawing tools again. By clicking on your text options, you can add anchored texts, notes, callouts, and price labels to keep notes for trading. Furthermore, clients will notice that there is a timer on top of the chart.
