Videforex is a legally registered forex broker located in the Seychelles, but not regulated by any government agency. Algobit Ltd. (IBC No: 198028) Registered – 309 & 310 Offices, Albert Street Victoria, Mahe, Seychelles.
VideForex has clones: BinaryMate, Finrally, Raceoption and others. All trademarks belong to the Financial Group Corp., which operates in Vanuatu.
Trading conditions
• Min. deposit: $ 250; • Min. Lot: 0.01; • Leverage: 1: 1-1: 100; • Min. spread: 0; • Scalping: no; • Cryptocurrency: Bitcoin, Litecoin, Ethereum, Dash, Ripl, Zcash, EOS, IOTA; • 24/7 Live video chat support, support types – live chat, phone, contact form, email; • Withdrawals in 1 hour; • Copy Trading tool; • Binary options: turbo, intra day, long term; • Islamic account: yes; • The company has offices in the Dominican Republic, Russia, China, Singapore, Thailand, Australia.
Account types
The process of setting up an account in VideForex is convenient and takes only a couple of minutes. Traders can register an account that is most suitable for their trading needs. Then you can add a deposit that meets the minimum deposit requirement for this type of account.
Bronze account features:
• Bonus + 20%;
Silver account features:
• Demo account;
• Master class (web session);
• Bonus + 50%;
• First 3 risk free trades *
Gold account features:
• Demo account;
• Master class (web session);
• Personal success manager;
• Bonus + 100%;
• First 3 risk free trades *
* In case of negative trading results, risk-free transactions are compensated in the form of a trading bonus.
Trading platform
VideForex works on a platform that was developed on its own. This is an exceptional platform because it includes features that are valuable to traders. The broker paid special attention to the needs of traders and therefore provided a wide range of tools and instruments that can be used to enhance the overall experience and increase profits.
Mobile Platform Experience Videforex CFD and Options Android and iPhone based trading platform. It allows staying connected with the global market.
APPLICATION FEATURES:
• Regular CFD and Options trading
• Direct deposit and withdrawal via APP
• 60 seconds
APPLICATION BENEFITS:
• Allows for instant execution of trades
• Shows live charts of every option available on the platform
• Enable traders to view their entire trade history
Trading is easy, thanks to the many tools available that are designed to simplify this process. Traders can use analytical tools, trading charts and news feeds to understand market conditions and make accurate predictions about the movement in asset prices.
Education and Analytics
All education comes down to having a FAQ on the site. There is a minimum set of information that is necessary to start and conduct trade with a broker. Other educational information on the site is not presented.
Basic set of trading platform for self-analysis:
• economic calendar;
• historical research of quotations;
• technical analysis;
• news.
Like any binary options broker, Videforex holds regular contests between traders working in this segment. Every week, the top 20 traders share a prize pool ($ 20,000) and gifts in the form of trading bonuses. More users of the Silver and Gold accounts receive as a gift 3 risk-free transactions. Losses from unsuccessful operations are compensated by the broker.
They have stolen my 200 bucks. They have deducted it from my account while I was sleeping and now, when I’m asking this question to them, they say that I have withdrawn them already. Whatta fcuk, guys?
I think they manipulate prices especially when you place big orders. I have compared charts with other platforms and I can state that they push the price in opposite directions and do many spikes. I had a consultation with some lawyers already.
Bad quality of services! Do not fund this brokerage firm. They are scammers! Their main target is to get all your money. I was trapped there and I do not recommend this company to the others.
The word make money is not applicable to FOREX. Money suckers flow to bigwigs financial market. Occasionally small gingerbread cookies are thrown to keep the system afloat.
It is a general practice for brokers to cancel accounts which they consider suspicious. Mine wasn’t an exception. But the matter is, I am a fair trader compliant with all these anti-money laundering policies and blah-blah-blah. But this did not save me from being blocks and my money –stuck in the system. Fortunately, we settled this down after I submitted the required ID documents. My trading continues as normal and my withdrawals are not affected anymore.