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    Negative

    VIDEFOREX

    • Seychelles Seychelles
    • 2-5 years
    • Suspicious Regulatory License
    • Non MT4/5 Software
    • Suspicious Scope of Business
    • High potential risk
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    WikiFX Score
    Comparison
    Licenses

    No valid regulatory information

    Please be aware of the risk!

    VPS Standard

    No restriction on the broker account. Provide service support by WikiFX

    • Single Core

    • 1G

    • 40G

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    Broker Information

    Company Name

    Algobit Ltd

    Phone of the company

    18299476393

    Company website
    https://www.videforex.com/
    Facebook

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    Customer Service Email Address

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    Company address

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    Pyramid scheme complaint
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    Warning: Low score, please stay away! 1
    2022.05.23

    It has been verified that this broker currently has no valid regulatory, please be aware of the risk!

    • Account
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    • Silver
    • Gold
    • Bronze
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    Brokers WikiFX Review: Is VIDEFOREX trustworthy?

    Can you withdraw money from VIDEFOREX? Is VIDEFOREX legal in your country? WikiFX made a comprehension review on this broker to help you better understand the truth, we will analyze the reliability of this broker from specific information, regulation, exposure, etc. And you should never miss it.

    WikiFX
    2022/5/10 10:28:23
    WikiFX Review: Is VIDEFOREX trustworthy?
    Brokers WikiFX report: VideForex Review

    There is no hard evidence that this broker is a con artist. However, their approaches are dubious, they are unregulated, and the whole thing feels gimmicky. The live cam support is the broker's biggest "feature": the first thing I noticed was a young woman running her fingers over her hair. Live!

    WikiFX
    2022/4/1 9:22:09
    WikiFX report: VideForex Review
    Brokers WikiFX report: Is Videforex too good to be true?

    Videforex is a brokerage firm that specializes in Forex and CFD trading. They claim to have more than 100 tradable assets. It is an Involva Corp offshore business that follows Marshall Islands legislation. They provide three different trading accounts (Bronze, Silver, and Gold) with a $250 minimum deposit and a maximum withdrawal processing time of one hour. Furthermore, all traders have a maximum leverage of 1:100, and you can trade through their web trading platform as well as their mobile apps for Android and iOS.

    WikiFX
    2022/4/1 9:18:12
    WikiFX report: Is Videforex too good to be true?

    VIDEFOREX

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    VIDEFOREX

    根據香港證券及期貨事務監察委員會的規定

    為確保您查看資訊及時性和準確性,我們將為您跳轉到相關的監管資訊頁面

    WikiFX·pyramid scheme complaint
    1  Know about pyramid scheme  >
    2  Pyramid scheme complaint   >
    3  Done
    1. What is pyramid scheme complaint?
    With the continuous development of the forex market, more and more Ponzi schemes have poured in, and global investors have suffered greatly. WikiFX has set up a complaint channel in order to ensure the funds security and prevent more scams. We sincerely invite foreign exchange investors to report such fraud platforms and jointly purify the market environment!
    2. 10 Features of Pyramid Scheme
    High Profit Promised Level Marketing Required Multi-level Marketing False Advertising Master Trader Awarded 'Datuk' Brainwashing-style training Fake Regulation Copycat of other platforms Marketing & PR campaigns
    Report immediately
    Report This Platform
    VIDEFOREX
    * Contact number
    0086
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    VIDEFOREX · Company summary

      General Information & Regulation

      VIDEFOREX is a Seychelles registered Forex and CFD trading broker and is not currently subject to any effective regulation.

      Market Instruments

      VIDEFORE offers limited tradable assets. Traders can trade Forex currency pairs, CFDs, and options through VIDEFORE.

      VIDEFOREX Minimum Deposit

      VIDEFOREX offers three trading accounts in total: Bronze, Silver and Gold. Minimum initial deposit requirements vary depending on account setting. The basic account, or the Bronze account requires traders to at least fund $250, slightly higher than sector standards.

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      VIDEFOREX Leverage

      VIDEFOREX restricts all traders by default to a maximum multiplier of 1:100, in line with legislation. In addition, a trader' loss is limited to their original investment amount, so the remaining amount of equity is protected.

      Spreads & Commissions

      VIDEFOREX doesn't provide any spreads details, making its trading fees quite vague. On VIDEFOREX platform, the spread is dynamic for particular instruments.

      Deposit & Withdrawal

      Traders can choose several ways to deposit and withdraw funds from their VIDEFOREX accounts, mainly VISA, MASTERCARD, Bitcoin, Ether, NETELLER, Skrill, Perfect Money, VLOAD.Traders who deposit funds via VISA/MASTERCARD need to pay a 5% transfer fee.

    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click 'Complaints 'and 'Correction' to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.