GENERAL INFORMATION
VIDEFOREX Is A Forex Broker Based In The Marshall Islands And Has Been Established In 2017. It Offers Clients A Range Of Financial Instruments To Trade. The Platform Features A Proprietary Network, Android And IPhone Trading Platforms And Accepts Multiple Payment Methods Including Visa, MasterCard, Bitcoin, Counterfeit Products Coins And Ethereum. VIDEFOREX Offers Three Different Account Types: Bronze, Silver And Gold, Each With Its Own Unique Features And Benefits. The Minimum Deposit Required To Open An Account Is $250 And The Maximum Leverage Offered Is 1:100.
However, VIDEFOREX Does Not Have Effective Regulations In Place, Which Means Clients Should Exercise Caution When Considering Trading With Them. Additionally, The Platform Does Offer 24/7 Phone Support For Clients With Any Queries Or Issues.
Advantages And Disadvantages
Advantages
- Wide Range Of Financial Instruments
- 24/7 Telephone Support
- Demo Accounts Available
- Proprietary Trading Platform
- Multiple Payment Methods
- Availability Of Three Different Account Types
- Maximum Leverage Of 1:100
Disadvantages
- No Regulation
- Transfer Fees For Certain Payment Methods
- No Educational Resources Available
- Maximum Minimum Deposit Of $250
- Limited Customer Support
- Not MT4/MT5
Market Tools
VIDEFOREX Offers Clients A Wide Range Of Financial Products, Each With Its Own Unique Characteristics:
1. Forex Currency Pairs: VIDEFOREX Offers A Wide Range Of Major, Minor And Exotic Currency Pairs For Trading. This Allows Clients To Speculate On Exchange Rate Movements Between Different Currencies, Taking Advantage Of Potential Profit Opportunities In The Global Foreign Exchange Market.
2. CFD (Contracts For Difference): Clients Can Trade CFDs On A Wide Range Of Underlying Assets Such As Stocks, Indices, Commodities And Cryptocurrencies. CFDs Enable Traders To Speculate On Price Movements Of These Assets Without Actually Owning Them, Thus Providing Potential Benefits Such As Leverage And The Ability To Profit From Rising And Falling Markets.
3. Options: VIDEFOREX Offers Options Trading, Giving Clients The Opportunity To Buy Or Sell Options Contracts Based On Market Forecasts. Options Offer Flexibility In Risk Management And Offer Profit Potential Through A Variety Of Strategies, Such As Buying Calls Or Puts Or Employing Complex Option Spreads.
VIDEFOREX Offers A Diverse Selection Of Financial Products, Including FX Currency Pairs, CFDs And Options, Enabling Clients To Trade A Range Of Assets And Pursue Their Desired Investment Goals.
Account Types
VIDEFOREX Offers Three Different Account Levels: Bronze, Silver, And Gold.
Bronze Account With 24/7 Live Video Chat Support, 1-hour Withdrawals, Demo Accounts, And Copy Trading Tools. As A Bonus, Clients Can Increase Their Deposits By 20%.
Silver Account With All The Features Of A Bronze Level Account, As Well As Masterclasses (web Courses) And The First 3 Risk-free Trades. As An Added Bonus, Clients Can Increase Their Deposits By 50%.
The Gold Account, Which Contains All The Features Of A Bronze And Silver Account, As Well As A Personal Success Manager, Provides Clients With Customized Trading Support. Clients Can Also Increase Their Deposits By 100% And Receive The First 3 Risk-free Trades. In Addition, They Can Also Participate In Masterclasses (online Courses). Through The Gold Account, Clients Receive The Highest Level Of Personalized Support, With A Dedicated Manager Assisting Them In Navigating The Platform And Executing Successful Trades.
Minimum Deposit
The Minimum Deposit For Opening An Account With VIDEFOREX Is $250, Meaning That Clients Can Start Trading With A Relatively Small Amount Of Funds. This Can Be Beneficial For New Traders Who Want To Dip Their Toes Into The World Of Trading Without Taking Too Much Risk. However, It Is Worth Noting That While A Smaller Initial Deposit May Be Attractive, Traders May Need To Increase Their Investment Later To Achieve Their Financial Goals. Furthermore, Clients Should Carefully Consider The Risks Involved Before Trading With Any Funds.
Maximum Leverage
VIDEFOREX Offers, With A Maximum Leverage Of 1:100, Meaning Clients Are Able To Trade With Borrowed Funds, Potentially Increasing Investment Returns. Essentially, Leverage Allows Traders To Control More Assets With Less Money. However, While Leverage Can Amplify Profits, It Can Also Amplify Losses, Meaning That Traders Are Also Exposed To The Risk Of Losing More Than Their Initial Investment. Therefore, It Is Important For Clients To Use Leverage Responsibly And Consider The Latent Risks Involved Before Trading With Maximum Leverage.
Trading Platform
The Trading Platform Offered By VIDEFOREX Is A CFD And Options Trading Platform Based On Android And IPhone. The Platform Enables Clients To Stay Connected To The Global Market Without Missing Any Trading Opportunities.
The App Features Regular CFD And Options Trading, Direct Deposits And Withdrawals Through The App, And 60-second Trading Options. In Addition, Customers Can Also Access Their Account And Portfolio Information Through The Platform. Benefits Of The Platform Include Instant Execution Of Trades, Real-time Charts Of Each Available Option, The Ability To View Trading History, And The Same Login As Web-based Platforms.
DEPOSITS AND REDRIVES
Payment Methods Accepted By VIDEFOREX Include Visa And MasterCard, Bitcoin, Counterfeit Products, And Ethereum. Visa And Mastercard Payments Are Subject To A 5% Transfer Fee, While Cryptocurrency Payments Are Subject To No Transaction Fee. Deposits Made With Visa And Mastercard Are Credited Immediately, While Cryptocurrency Deposits Are Also Processed Immediately. Withdrawals From All Payment Methods Can Be Processed Within A Maximum Of 1 Hour. It Is Important To Note That The Payment Providers Themselves May Charge Additional Fees Or Impose Restrictions, So Customers Should Consult Their Payment Providers Before Transacting With Them.
Customer Support
The Broker Provides Customer Support Through A Callback Service At + 18499370843. It Is Not Clear If Their Customer Support Is Available 24/7 Or If There Are Other Contact Details. Prospective Clients May Need To Contact The Broker Directly For More Information About Their Customer Support Services.
