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what is videforex

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.

Demo accounts are a great way to become familiar with the platform and to test trading strategies risk-free. On tradable sql dba developer resume profile columbus, ohio we get it done assets, VideForex customers have access to over 160 assets. We did find VideForex’s trading platform pretty impressive and unique. In addition to supporting mobile trading, the platform is simple and comes with many features. As mentioned above, VideForex does not offer the fancy Metatrader4 and Metatrader5 trading platforms provided by most brokers in the industry.

What is Fundamental & Technical Analysis in Crypto Trading?

While it does not have stylish and modern tools, we were impressed by its uniqueness as well as its ability to support multiple functionalities. These indicators help traders to perform analysis on any trading platform. In addition, the broker offers several trading avenues which come in handy during trading. Most brokers have this requirement set in lots (or micro lots), so the answer was surprising, but not alarming.

How to set up a VideForex Trading Terminal?

Although the interface took some getting used to, it wasn’t very intuitive or user-friendly compared to other trading platforms I’ve used. There was definitely a learning curve to figure out where everything was and how to place orders efficiently. Last week, I wanted to see how Videforex works when it comes to withdrawals, and I can tell you now, I’m quite pleased with what I saw. So I went for a $200 withdrawal using a crypto payment method and the whole process ran smoothly. It took an hour after I managed to settle in my trade to have the funds transfer to my wallet.

Each market has its own characteristics, advantages, and disadvantages, and requires different strategies and skills to trade successfully. Videforex offers 24/7 trading on popular markets, including forex, commodities, and cryptocurrencies. The broker also offers guaranteed withdrawals in less than an hour and live video support to assist users. In my case, Videforex has given me more positive experiences than negative ones. The opportunity to receive the one-hour guaranteed withdrawal processing once the trade is closed is great – everyone loves it when he or she can receive money quickly.

Trading with such brokers exposes traders to a high level of uncertainty, insecurity, and potential fraud. Instead, traders should look for brokers that are regulated by well-known and respected authorities, such as the FCA in the UK, ASIC in Australia, CySEC in Cyprus, or NFA in the US. Please see a list of regulated brokers for some alternative options. Videforex has tempting weekly contests, promo codes, a bespoke trading platform, plus live video support. In addition, with several online trading accounts, straightforward setup and use, this broker is an attractive proposition for both beginners and experienced investors. The broker’s complete range of assets is available, from cryptos and stocks to binary options and forex.

The same video seems to be played along with each live chat and to be quite honest, we found it to be quite comical. Technically, it is live video chat support, but do not expect to sit down face-to-face with an agent. Like some other trading brokers, Videforex also offers its clients whats the best bond investment when interest rates are so low leverage trading. Under the leverage trading process, the traders can borrow capital from the broker to enhance their buying potential. 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.

In the case of VideForex, we are afraid that the broker belongs to the latter. VideForex is a Seychelles-based Forex broker that is owned by Vide Projects Ltd., a standalone company that is operated by the Finance Group Corp. The broker offers over 60 currency pairs to include Majors and minors and also popular cryptocurrencies. With VideForex, traders can also access major stocks across the globe including IBM, Coca-Cola, Microsoft, Facebook, Alibaba, and many others. VideForex offers three types of trading accounts namely Bronze, Silver, and Gold.

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  1. When choosing this platform, the traders don’t need to burn a hole in their pocket.
  2. The company’s forgotten password process is straightforward and customers can follow their profiles on social media, such as Twitter and Instagram for live updates.
  3. However, as with any online broker, there are also some potential drawbacks and risks involved in trading with Videforex.
  4. As Videforex is a trusted platform, it charges a small convenient commission fee.
  5. However, it’s a solid option despite the clunky interface, if you can look past the outdated design.

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. Trend following involves identifying the direction of the market trend and placing trades in the same direction. This strategy relies on technical indicators such as moving averages, trend lines, and the Relative Strength Index (RSI) to identify trends and potential entry points. This step is crucial for ensuring the security of your account and complying with regulatory requirements. There is no maintenance or registration charge when you sign up for an account.

Leverage available

Although VideForex is new in the brokerage industry, they offer many products and their customer service is commendable. Customers can choose to access VideForex’s web-based platform via their Android and iPhone devices. VideForex also has native trading apps that are available for free on Play Store and App Store.

what is videforex

After using the platform, the expert traders recommend it for beginners as it is pretty quickly designed. Almost everything is simple here, and all the features here make trading seamless and easy for traders. There are several indicators available on 10 companies that hire for remote web developer jobs the trading platform which make trading easy for the traders.

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