It can take Videforex up to 3 business days to Luno exchange review process incoming bank wire transfers and to verify that the funds have been received. VideForex rewards traders who are dedicated to their brand by allowing them to participate in weekly contests where prize funds of $20,000 are awarded every week. 20 skilled traders receive cash prizes, electronics, tickets, and more from the $20,000 prize fund every week. Other bonuses include an initial deposit bonus that ranges from 20% up to 100% depending on the size of your initial deposit. Not to mention that the minimum deposit amount for CFDs, forex, and binary options are the same.

• Videforex offers clients its proprietary web trading platform.
• Furthermore, traders also need to consider the trading medium, which can lead to some deduction.
• Additionally, the chance to win exciting tech prizes through their giveaways adds an extra incentive.
• Brokers in this location do not have to adhere to any financial regulation so we recommend caution before making a deposit.
• However, this is not to mean that their alternatives are not good.
• The minimum deposit for the Bronze account is $250 while that of Silver and Gold is $1000 and $3000 respectively.
• There is no mention of any trading tools offered by the proprietary trading platform either.

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The platform uses SSL encryption to safeguard sensitive information and ensures that client funds are kept in segregated accounts. Additionally, Videforex has detailed privacy policies outlining how they collect, store, and use user data, ensuring transparency and trustworthiness. Videforex is a legitimate and regulated broker, ensuring a safe and secure trading environment for its clients. These licenses ensure that Videforex adheres to industry standards and regulatory requirements.

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The broker provides a user-friendly and innovative trading platform that features live video chat support 24/7. The platform is available in web, Android, and iPhone versions. Videforex also offers various tools, education, and account types to suit different trading styles and preferences. The broker claims to provide fast and secure funding and withdrawal methods, as well as guaranteed withdrawal processing within one hour. However, Videforex is not regulated by any reputable authority, which raises some concerns about its credibility and safety.

Should You Trade With Videforex?

We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings.

• Videforex will show a customer’s deposit as pending while it waits for confirmation from its payment system.
• The better customer care service of Videforex distinguishes it from other trading brokers that do not have this effective service.
• This 2025 review of Videforex unpacks the broker’s accounts, fees, promo codes, and mobile app.
• In most instances, such a statement is a red flag and may bring the legitimacy of the broker into question.
• You can fund your account by credit cards (VISA/MasterCard), Bank wire transfer, Bitcoin, Ethereum, Litecoin, Altcoins, Neteller, Skrill, Perfect Money.

Cost and Fees, Commissions and Spreads

Simply Best etf to day trade browse successful investors, view stats, pick one, and CopyTrader will replicate their trades in 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.

Our Videforex broker review will cover their UK account registration and login process, spread offering and minimum deposit requirements. Plus, we dive into their platform and mobile app to review their key features. The platform is known for its user-friendly interface, high leverage, and competitive payouts.

Traders can easily access VideForex’s web-based platform even when on the go. Not every online broker offers this, making Videforex a good fit for those with limited time or changing schedules. TradingBrokers.com is for informational purposes only https://www.forex-world.net/ and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Forex trading, or foreign exchange trading, involves the buying and selling of currencies in the global marketplace.