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If you’re a newbie to trading, finding the right broker who can guide you through the process is crucial. In this review by tradingcritique.com, we’ll delve into VIDEFOREX and provide an overview of the company, its features, and operations to help you get started as a trader.
Table 1: VIDEFOREX Overview
 Highlights |
|
|---|---|
|
Account Types |
Bronze Account
Silver Account
Gold Account |
|
Funding & Withdrawal Methods |
Visa, MasterCard
E-wallets
Wire Transfer |
|
Demo account |
YES |
|
Islamic Account |
NO |
|
Minimum deposit |
250 USD |
|
Maximum Leverage |
1:500 |
|
Market Instruments |
|
|
Trading Platforms |
Web-Version
Mobile Version
|
|
Customer Support |
24/7 |
VIDEFOREX is a forex, CFD, and options broker based in the United Kingdom. This broker’s platform is accessible from any device, allowing both beginner and experienced traders to use it at any time and from any location. VIDEFOREX already has over 3,000 customers from all around the world. They also tout a trading volume of over $59 million as well as a total of $540000 in trader pay-outs.
Image 1: Home Page on the VIDEFOREX Website
Image Copyrights reserved to VIDEFOREX Website
VIDEFOREX was created in 2017 and incorporated in the Marshall Islands. It is operated and owned by INVOLVE CORP. It claims to be regulated, according to their website. However, there is no evidence to support this statement. It is a Marshall Islands-based unregulated trading service. VIDEFOREX, on the other hand, is SSL certified.
Table 2: Regulation details on the VIDEFOREX Website
 Entities Name |
 Country |
 Registered Address |
|---|---|---|
|
INVOLVE CORP. |
Marshall Islands |
Nr. 104693, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands. |
The VIDEFOREX trading platform is designed to the objectives of investors and traders of all levels from across the globe. Nonetheless, this worldwide brokerage firm’s services are banned in the United States and a few Asian and European areas.
Table 3: Forbidden Countries in the VIDEFOREX Website
 Accepted Countries |
 Forbidden countries |
|---|---|
|
The United Kingdom
Kuwait
Saudi Arabia
Denmark
Italy
Hong Kong
Singapore
Luxembourg
The United Arab Emirates
Norway
Qatar
Sweden
France
Germany
India
South Africa
Australia
Thailand |
Canada
The United States
|
VIDEFOREX allows traders to trade digital options & CFDs. Options trading are available on VIDEFOREX in four asset types. Currency, commodities, cryptos, and stocks are all examples of this. It offers CFDs on currencies, commodities, crypto, indices, stocks, and Forex, among other asset classes. There are 80 multiple types of stocks, 15 different currency pairings, nine different commodities, 13 different market indexes as well as for cryptocurrencies available on the site.
Table 4: Most Traded Assets on the VIDEFOREX Website
| Cryptocurrencies | Commodities | Currency pairs | Indices | Stocks | Forex | ||
|---|---|---|---|---|---|---|---|
|
BMW Daimler Deutsche Lufthansa Stocks IOTA Bitcoin Cash Dash EOS Ethereum Classic Ethereum Lite coin OmiseGo Monero Zcash Ripple Bitcoin |
Gold Silver Copper Brent oil |
AUD/CHF GBP/AUD GBP/CAD GBP/USD AUD/CAD GBP/JPY EUR/CHF EUR/JPY USD/CAD USD/RUB AUD/NZD EUR/USD CAD/CHF |
AUD/USD GBP/CHF NZD/USD AUD/JPY EUR/CAD EUR/NZD EUR/GBP USD/SEK EUR/AUD USD/JPY CHF/JPY USD/CNH |
SWISS20 SPAIN35 UK100 HONGKONG50 USA30 USA500 US-TECH100 |
Apple Starbucks Tesla |
CADJPY CHFJPY GBPCAD GBP CHF EURCAD NZDCHF NZDJPY |
|
VIDEFOREX’s mobile app for iOS and Android is a great trading platform. Regular CFD & Options trading, as well as direct deposit and withdrawal, are all available through the app. This app is completely free, and you can get it on the Google Play Store for Android and the Apple App Store for iPhone.
Image 2: Mobile Platform in the VIDEFOREX Website
Image Copyrights reserved to VIDEFOREX Website
Traders who use VIDEFOREX do not need to download any additional software. All they have to do is login into their account using their browser, which will instantly access the broker’s web platform. You may always utilize the web-based platform, which is equally mobile-friendly if you would not want to install any apps.
Image 3: Web Platform in the VIDEFOREX Website
Image Copyrights reserved to VIDEFOREX Website
Table 5: VIDEFOREX Trading Websites of Supported Languages
| No | VIDEFOREX Trading Websites | Countries | Website Languages |
|---|---|---|---|
|
1. |
VIDEFOREX Main |
Global |
English |
|
Continent-Europe |
|||
|
2. |
VIDEFOREX Deutsch |
Germany |
English |
|
3. |
VIDEFOREX Русский |
Russia |
Russian |
|
4. |
VIDEFOREX Español |
Spain |
Spanish |
|
5. |
VIDEFOREX Français |
France |
French |
|
Continent-Asia |
|||
|
6. |
VIDEFOREX中文 |
China |
English |
|
7. |
VIDEFOREX ไทย |
Thailand |
Thai |
VIDEFOREX has put together packages of the most popular services for our convenience. Opening an account with VIDEFOREX is completely free. The account type you qualify for is determined by the size of the initial trading deposit. You’ll be able to choose between three different accounts. The following are the three options:
Account Types of VIDEFOREX
Bronze Account
Silver Account
Gold Account
Table 6: Most Traded Assets on the VIDEFOREX Website
 Features |
||
|---|---|---|
 Bronze Account |
 Silver Account |
 Gold Account |
|
A minimum deposit of $250 is required to qualify for the Bronze account. |
A minimum deposit of $1000 is required to qualify for the silver account. |
A minimum deposit of $3000 is required to qualify for the Gold account. |
|
Support for live video chat is available 24 /7.
Withdrawals can be made in as little as one hour.
Demo account.
Copy Trading tool.
The bonus of 20%.
|
Live video chat help is available 24 /7
Withdrawals are processed within one hour.
Demo account.
Copy Trading tool Master's level (web session).
Bonuses of 50% are available.
The first three trades are risk-free. |
Live video chat help is available 24 /7
Withdrawals are processed within one hour.
Demo account.
Tool for copy trading.
Master's level (web session).
Personal Success Manager.
Bonuses of 100% are available.s available
The first three trades are risk-free. |
Image 4: Account Types in the VIDEFOREX Website
Image Copyrights reserved to VIDEFOREX Website
You will be given access to a VIDEFOREX demo account once you have made a deposit. The demo account may only be used when a $250 deposit has been made. The amount of virtual money you have will be determined by how much you deposit into your trading account.
The VIDEFOREX commission is usually based on the account type chosen by traders. As a result, before making any trading decisions, traders must first investigate all accounts. Traders who choose a bronze account do not have to pay any commission.
Table 7: Fees & Commissions on VIDEFOREX Website
| Account Type | Account Type | Silver Account | Bronze Account |
|---|---|---|---|
|
Commission |
$2 |
$3 |
$0 |
|
Spread |
0.0 pips |
0.0 pips |
1.4 pips |
|
Initial Deposit |
$3,000 |
$1000 |
$250 |
VIDEFOREX accepts a variety of payment ways. Credit cards (VISA/MasterCard), bank wire transfers, Bitcoin, Ethereum, Lite coin, Altcoins, Neteller, Skrill, and Perfect Money are all options for funding & withdrawing your account. If you deposit on weekends or holidays, you may have to wait a bit longer. Although there are no additional costs when adding funds using Bitcoin, Altcoins, and Ethereum, Visa & MasterCard transactions have a 5% charge. This is not a fee charged by VIDEFOREX. The credit card company, on the other hand, is in charge.
As previously stated, the minimum deposit varies depending on the type of account you choose to start. The minimum deposit for a Bronze account, Silver account & Gold account is $250, $1,000, and $3,000. The minimum withdrawal amount is $50.
Table 8: Funding & Withdrawal Method, Fees & Processing Time on VIDEFOREX Website
| Deposit/Withdrawal Method | Fees | Funding Time | Withdrawal Time |
|---|---|---|---|
|
VISA/MasterCard Wire transfer |
5% |
Instant |
Up to 1 hour |
|
Bitcoins |
- |
Instant |
Up to 1 hour |
|
Altcoins |
- |
Instant |
Up to 1 hour |
|
Ethereum |
- |
Instant |
Up to 1 hour |
Image 5: Funding & Withdrawal Methods on the VIDEFOREX Website
Image Copyrights reserved to VIDEFOREX Website
Basic Currencies of VIDEFOREX
USD
EUR
GBP
To trade these assets, clients might use leverage. The leverage for forex, index CFDs, and commodities CFDs can be as high as 1:500. The leverage for cryptocurrency CFDs is 1:10. Finally, stock CFDs have the leverage of 1:100.
Table 9: Account Types and their Leverage Ratio on VIDEFOREX Website
 Account types |
 Leverage |
|---|---|
|
Gold |
1:500 |
|
Silver |
1:500 |
|
Gold |
1:500 |
VIDEFOREX is open for business 24 hours a day, seven days a week. It is a great option for people who have a limited amount of time or an erratic schedule
Copy trading is a tool for beginners and those who wish to trade automatically rather than manually. Despite having a large number of assets to pick from, VIDEFOREX goes above and beyond by allowing its customers to copy-trade their other successful clients. You’ll be able to check VIDEFOREX top 10 traders and their profit percentages over the last several months. You may set a certain investment amount with any of the top traders and wait until you are pleased with your profit.
The Traders may also use referral links to earn extra cash. Simply forward your link to a friend, and you’ll receive 20% of anything they deposit. The “Referrals” tab is where you’ll see your referral link.
Image 6: Referral Section in the VIDEFOREX Website
Image Copyrights reserved to VIDEFOREX Website
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. Depending on their account type, users will receive a 20%, 50%, or 100% trading bonus. The bonus amount is determined by the amount you deposit initially.
Image 7: Trading Bonus on the VIDEFOREX Website
Image Copyrights reserved to VIDEFOREX Website
On the website of this broker, there are also giveaways. 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.
Image 8: Giveaway Section on the VIDEFOREX Website
Image Copyrights reserved to VIDEFOREX Website
All transactions are counted for a trading contest, regardless of the outcome, and the minimum trade amount should be $10. Every Sunday at 21.00 GMT, the competition begins and concludes at 21.00 GMT on Friday. Everyone who trades on VIDEFOREX is automatically registered in the tournament. The top four finishers will get a cash prize of $20,000 each. Prizes and bonuses are being awarded to other locations.
Image 9: Trading Contest Section on the VIDEFOREX Website
Image Copyrights reserved to VIDEFOREX Website
There are no other tools or resources available. There is simply a FAQ section with a few queries and their answers, but no more information is supplied. VIDEFOREX does not provide any educational resources, except a two-video embedded video on the site.
Image 10: FAQ Section on the VIDEFOREX Website
Image Copyrights reserved to VIDEFOREX Website
VIDEFOREX has both advantages and disadvantages which are listed in table 10.
Table 10 : Rewards and Risks of the VIDEFOREX
 Pros |
 Cons |
|---|---|
|
Withdrawals are guaranteed to be processed within one hour.
Trading 24 hours a day, 7 days a week, including on weekends.
There are several deposit and withdrawal methods available.
Trading is 100 percent safe, and all data is kept private.
Possibility of trading under the supervision of an expert trader.
Customer services are available in many languages 24 hours a day, 7 days a week.
Every day, about 10,000 transactions are processed. |
Clients are not provided with educational materials by the broker.. VIDEFOREX does not disclose the amount of commission charged upon order execution. Clients from the United States are not permitted. |
All VIDEFOREX clients have access to a live chat trading feature. 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.
Table 10 : Customer Support Numbers on the VIDEFOREX Website
 Social Media Pages of VIDEFOREX |
|
|---|---|
 Instagram |
|
 Twitter |
|
|
|
|
|
English |
+1-829-9476393 |
|
Singapore |
965-65425142 |
|
Thailand |
02-21345671 |
|
Australia |
61-8-5550-7288 |
|
Russia |
+7-499-7033774 |
|
China |
3-395-0396 |
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