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VIDEFOREX

Marshall Islands|5-10 years|
High potential risk|

https://www.videforex.com/

Website

Rating Index

Influence

Influence

B

Influence index NO.1

United States 4.96

Surpassed 27.92% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+1 829-9476393
https://www.videforex.com/
Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960
https://twitter.com/videforex_com

Licenses

No valid regulatory information, please be aware of the risk!

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1G

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FR AMF
2018-06-22

Contact number

English

+1 829-9476393

Broker Information

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Company Name

INVOLVA CORP

Company Abbreviation

VIDEFOREX

Platform registered country and region

Marshall Islands

Company website
Twitter
Instagram

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-05-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

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VIDEFOREX · Company Summary

Aspect Information
Company Name VIDEFOREX
Registered Country Marshall Islands
Founded Year 2-5 years
Regulation No valid regulation
Minimum Deposit $250
Maximum Leverage 1:100
Fees Transfer fees for some payment methods
Trading Platforms Proprietary platform access to Web, Android and iPhone
Tradable Assets Wide range of instruments
Account Types Bronze, Silver, and Gold
Demo Account Available
Customer Support 24/7 phone support
Deposit & Withdrawal Visa and MasterCard, Bitcoin, Altcoins, and Ethereum accepted
Educational Resources N/A

Overview of VIDEFOREX

VIDEFOREX is a forex broker based in the Marshall Islands and has been founded within the past 2-5 years. It offers a range of financial instruments for clients to trade. The platform features a proprietary web, Android, and iPhone trading platform and accepts a variety of payment methods, including Visa, MasterCard, Bitcoin, Altcoins, and Ethereum. VIDEFOREX offers three different account types: Bronze, Silver, and Gold, each with their own unique features and benefits. The minimum deposit required to open an account is $250, and the maximum leverage provided is 1:100.

However, VIDEFOREX does not have a valid regulation in place, which means that customers should exercise caution when considering trading with them. Additionally, the platform does offer 24/7 phone support for customers with any questions or issues.

basic-info

Is VIDEFOREX legit or a scam?

It has been verified that VIDEFOREX currently has no valid regulation. When a broker has no valid regulation, it means that they do not have a license from any financial regulatory authority. This lack of regulation can put clients at risk, as there is no oversight or protection in place to ensure that the broker is operating fairly and honestly. Therefore, potential clients should exercise caution when considering trading with a broker with no regulated license. It is important to thoroughly research the broker and their reputation, as well as consider the risks involved before making a decision to trade.

Pros and Cons

VIDEFOREX offers several advantages for clients who are interested in trading on their platform. They provide a wide range of financial instruments for trading, including Forex currency pairs, CFDs, and options. Additionally, clients can access 24/7 phone support, a demo account to practice trading strategies, and a proprietary trading platform that is both accessible on web and mobile devices. VIDEFOREX also accepts various payment methods, including cryptocurrency, which can appeal to clients who prefer to use these methods.

However, there are also some disadvantages to be aware of when using VIDEFOREX. One significant drawback is the lack of valid regulation in place, which can be a concern for potential customers. Additionally, there may be potential transfer fees for some payment methods, and the platform does not offer any educational resources for clients who are new to trading. The minimum deposit required to open an account is also relatively high at $250. Moreover, customer support options are limited, and there is no MT4/MT5 trading platform option. It is crucial for clients to carefully weigh the pros and cons of trading with VIDEFOREX before making a decision.

Pros Cons
Wide range of financial instruments No valid regulation
24/7 phone support Transfer fees for some payment methods
Demo account available No educational resources offered
Proprietary trading platform High minimum deposit is $250
Various payment methods Limited customer support
Availability of three different account types No MT4/MT5
Generous maximum leverage of 1:100

Market Instruments

VIDEFOREX provides clients with access to a wide range of financial products, each with its own unique characteristics:

1. Forex Currency Pairs: VIDEFOREX offers a variety of major, minor, and exotic currency pairs for trading. This allows clients to speculate on the exchange rate movements between different currencies, taking advantage of potential profit opportunities in the global foreign exchange market.

2. CFDs (Contracts for Difference): Clients can trade CFDs on various underlying assets such as stocks, indices, commodities, and cryptocurrencies. CFDs enable traders to speculate on the price movements of these assets without actually owning them, offering potential benefits such as leverage and the ability to profit from both rising and falling markets.

3. Options: VIDEFOREX provides options trading, giving clients the opportunity to buy or sell options contracts based on their market predictions. Options provide flexibility in terms of risk management and offer potential for profit through various strategies, such as buying call or put options or employing complex options spreads.

Overall, VIDEFOREX provides a diverse selection of financial products, including Forex currency pairs, CFDs, and options, enabling clients to trade a range of assets and pursue their desired investment objectives.

Account Types

VIDEFOREX offers three different account levels: Bronze, Silver, and Gold.

The Bronze account offers 24/7 Live video chat support, withdrawals in 1 hour, a demo account, and a Copy Trading tool. As a bonus, clients can increase their deposit by 20%.

The Silver account includes all of the features of the Bronze account, as well as a Master class (web session) and the first 3 risk-free trades. As an added bonus, clients can increase their deposit by 50%.

Finally, the Gold account includes all of the features of the Bronze and Silver accounts, as well as a Personal success manager to provide clients with customized trading support. Clients can also increase their deposit by 100%, and also receive the first 3 risk-free trades. Additionally, they have access to the Master class (web session). With the Gold account, clients can receive the highest level of personalized support with a dedicated manager to assist them in navigating the platform and executing successful trades.

account-types

Here is the table of the comparison of account types.

Account Type Bronze Silver Gold
24/7 Live Video Chat Support Yes Yes Yes
Withdrawals 1 hour 1 hour 1 hour
Demo Account Yes Yes Yes
Copy Trading Tool Yes Yes Yes
Bonus +20% +50% +100%
Other Features N/A Master class (web session), First 3 risk-free trades* Personal success manager, Master class (web session), First 3 risk-free trades*

How to Open an Account?

To open an account with VIDEFOREX, follow these steps:

1. Go to the VIDEFOREX website (https://VIDEFOREX.com/) and click on the Open an Account

button.

open-account

2. Fill in the registration form with your personal details, including your name, email address and phone number.

open-account

3. Choose your account type and select your preferred currency.

4. Read and agree to the terms and conditions.

5. Click on the “Open Account” button to complete the registration process.

6. Verify your identity by providing the required documents, such as a passport or driver's license. 7. Make a deposit into your account using one of the accepted payment methods.

8. Start trading on the platform using the available tools and resources.

Minimum Deposit

The minimum deposit of $250 required to open an account with VIDEFOREX means that clients can start trading with a relatively small amount of capital. This can be beneficial for new traders who want to dip their toes into the world of trading without risking too much. However, it is important to note that while a smaller initial deposit may be attractive, traders may need to increase their investment later on in order to achieve their financial goals. Additionally, clients should carefully consider the risks involved before trading with any amount of capital.

Maximum Leverage

The maximum leverage of 1:100 offered by VIDEFOREX means that clients are able to trade with borrowed funds, allowing them to potentially increase their returns on investment. Essentially, leverage allows traders to control larger amounts of assets with smaller amounts of capital. However, while leverage can amplify profits, it also amplifies losses, meaning that traders are also at risk of losing more than their initial investment. Therefore, it is important for clients to use leverage responsibly and consider the potential risks involved before trading with maximum leverage.

Trading Platform

The trading platform provided by VIDEFOREX is an Android and iPhone based platform for CFDs and Options trading. The platform allows clients to stay connected with the global market and not miss out on any trading opportunities.

The application features regular CFD and Options trading, direct deposit, and withdrawal via the app, and a 60-second trading option. Additionally, clients have access to their account and portfolio information through the platform. The benefits of the platform include instant execution of trades, live charts of every option available, the ability to view trade history, and the same login as the web-based platform.

The application is free to download and use. Overall, the platform offers convenient and efficient trading for clients on-the-go.

trading-platform

Deposit & Withdrawal

VIDEFOREX accepts payment methods including Visa and MasterCard, Bitcoin, Altcoins, and Ethereum. There is a transfer fee of 5% for Visa and MasterCard payments, while cryptocurrency payments have no transaction fee. Deposits made using Visa and MasterCard are credited instantly, while cryptocurrency deposits are also processed instantly. Withdrawals are processed within up to 1 hour for all payment methods. It is important to note that there may be additional fees or restrictions imposed by the payment providers themselves, so clients should check with their provider before making transactions with VIDEFOREX.

payment-methods

Customer Support

The broker provides customer support through call back services, and their phone number is +18499370843. It is not clear whether their customer support is available 24/7 or if there are other methods of contact available. Potential clients may need to contact the broker directly for more information on their customer support services.

customer-support

Conclusion

In conclusion, VIDEFOREX offers a trading platform with a wide range of financial instruments available for clients to trade. However, there are several disadvantages to consider, such as the lack of valid regulation, potential transfer fees, a high minimum deposit requirement, limited customer support options, and no educational resources offered. Nevertheless, the platform does offer 24/7 phone support, a demo account, and a proprietary trading platform accessible on web and mobile devices. Clients must weigh the risks and benefits of trading with VIDEFOREX before making a decision.

Frequently Asked Questions (FAQs)

Q 1: Is VIDEFOREX regulated?
A 1: No. It has been verified that VIDEFOREX currently has no valid regulation.
Q 2: Does VIDEFOREX offer demo accounts?
A 2: Yes.
Q 3: Does VIDEFOREX offer the industry-standard MT4 & MT5?
A 3: No. Instead, VIDEFOREX offers web and Mobile App platforms.
Q 4: What is the minimum deposit for VIDEFOREX
A 4: The minimum initial deposit to open an account is $250.
Q 5: Is VIDEFOREX a good broker for beginners?
A 5: No. VIDEFOREX is not a good choice for beginners. Not only because of its unregulated condition, but also because of its high initial deposit and lack of transparency.

News

Bad Reviews: Trade with Videforex, Trade with Cautions

NewsBad Reviews: Trade with Videforex, Trade with Cautions

2023-02-01 16:40

While the forex market is becoming more regulated, deceptive brokers have also started finding new ways to scam investors.

WikiFX
2023-02-01 16:40
News
Bad Reviews: Trade with Videforex, Trade with Cautions
WikiFX Broker's Review: Trade With Risk With VIDEFOREX

ExposureWikiFX Broker's Review: Trade With Risk With VIDEFOREX

2022-08-26 14:01

Videforex is a Marshall Islands-based offshore broker. Founded in 2017, the firm claims to be the brand name of INVOLVA CORP, with Marshal Islands Registry restrictions.

WikiFX
2022-08-26 14:01
Exposure
WikiFX Broker's Review: Trade With Risk With VIDEFOREX
WikiFX Review: Is VIDEFOREX trustworthy?

NewsWikiFX Review: Is VIDEFOREX trustworthy?

2022-05-10 18:21

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
2022-05-10 18:21
News
WikiFX Review: Is VIDEFOREX trustworthy?
WikiFX report: VideForex Review

NewsWikiFX report: VideForex Review

2022-04-01 17:18

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
2022-04-01 17:18
News
WikiFX report: VideForex Review

User Reviews

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What initially attracted me to Videforex was their comprehensive all-in-one platform experience, neatly consolidating research tools, account details, order capabilities and more into a unified dashboard accessible across web and mobile apps. No more juggling multiple programs - their interface provides continuity for every trading need, from charts to trade tickets to balances. While a bit dated aesthetically, the depth of functionality can't be beaten, especially considering there are no monthly fees for their full suite of pro-grade offerings. Stellar value.
2024-04-19 10:21
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0
0
Donald Long
0-3months
Tax season used to be such a headache when I had to manually reconstruct an entire year's worth of trading activity by compiling entries and exits from different programs. But with Videforex, I can simply access detailed reports covering my full historical trade data with comprehensive P&L, timestamps, durations and plenty of performance metrics - all neatly compiled. This has saved me hours of work while also ensuring full accuracy for properly reporting my income. Just a few clicks and I have a seamless data log for efficient year-end accounting. While not the sexiest feature, their built-in archive is a massive quality-of-life upgrade.
2024-04-17 14:06
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0
0
Nate4258
0-3months
I occasionally need to withdraw large sums quickly for important personal needs outside trading, and Videforex’s 1-hour processing guarantee always comes through for me. No matter the amount I request to payout, their efficient systems swiftly credit the funds to my account within 60 minutes without fail. Days back, I withdrew a substantial amount in the afternoon and saw the money securely in my bank in only 29 minutes! Having that rapid access provides crucial flexibility in managing my profits for pressing needs whenever they arise. Videforex’s fast withdrawals enable me to take advantage of time-sensitive situations requiring immediate capital.
2024-03-13 14:23
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0
0
Douglas Moore
0-3months
As a developing trader, Videforex's free platform access has been a huge perk that enhances my profitability. Unlike brokers charging monthly subscription fees that eat into gains, Videforex lets me keep everything I earn with zero software costs deducted. As I continue scaling my small account over time, those recurring expenses from other brokers would really diminish my hard-earned profits. But with Videforex's free platforms, I get to maximize returns and operate on a lean budget as a new trader. This advantage has been invaluable in giving my career a boost.
2024-03-03 23:11
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0
0
Bobby Sanchez
0-3months
I have yet to come across a broker that can match the seamless real-time price feeds provided by Videforex. Even during major news events, the price action remains consistently responsive when executing my orders. I execute my entries and exits with utmost accuracy. Videforex provides a reliable platform that allows me to take advantage of market fluctuations with ease. Yesterday, an unexpected rate hike announcement caused significant fluctuations. However, I effortlessly navigated the fast-paced market movements with the help of Videforex's highly responsive data feeds. Although having more sophisticated charting capabilities would be great, their dependable order execution allows me to trade with stability and agility.
2024-02-26 17:55
Reply
0
0
William Lowe
3-6months
Videforex's 1-hour withdrawal processing guarantee gives me awesome flexibility in managing profits. Unlike other brokers with multi-day clearance delays, Videforex's automated systems deliver funds to my bank in under 60 minutes without fail. Just yesterday, I withdrew $12,000 and saw the money in my account in a blazing 37 minutes! Such ultra-fast access allows me to aggressively compound winnings. My sole wish is that Videforex offered the MetaTrader platform in addition to their web-based platform. But for the fastest withdrawals in the business, Videforex is hard to top.
2024-02-07 14:40
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0
0
Donald Ortiz
3-6months
I am a full time day trader and for me, the best thing about Videforex is having real-time price feeds. Even during major news events, Videforex's prices never lag or slip when executing my orders. This consistency enables me to seamlessly capitalize on rapid fluctuations. I remember sometime last year I was constantly waiting for news events to scalp volatile moves. It's a very risky way to trade but thanks to Videforex's ultra-responsive data feeds, I only fear being wrong, not a technical glitch. While advanced charting capabilities would be ideal, their reliable order execution gives me the stability I need to trade confidently in fast-moving markets.
2024-02-02 03:10
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0
1
Shannon 7617
3-6months
As an experienced trader who has navigated through various platforms, I've found that Videforex sets itself apart with its exceptional 24/7 live video chat support. This feature has been like a lifeline, providing me with a sense of security that expert help is always just a click away, no matter the time of day. It feels akin to having a personal trading assistant available at any moment. The platform's mobile application solidifies its standing in my daily trading activities, offering robust functionality that allows me seamless access to my account and portfolio, even when I'm on the move.
2023-12-09 20:20
Reply
0
1
Philip
3-6months
Videforex continues to impress me with their round-the-clock video chat support. It's like having a trading advisor available at any hour. Their real-time price feeds have been a game-changer for my day trading—no delays, just instant data for instant decisions. Withdrawing my profits is a breeze too, thanks to their one-hour guarantee. Plus, the app's direct deposit and withdrawal feature is a time-saver. It's free, which is great for keeping costs down. My only gripe? I wish they offered MetaTrader integration. It's a minor setback, but one I've adapted to.
2023-12-02 19:49
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0
2
Larry9715
3-6months
Videforex has established itself as a pillar of support for traders with its 24/7 live video chat. This feature alone has transformed my trading experience, providing immediate access to assistance whenever I need it. The rapid one-hour withdrawal processing is a benchmark for the industry, showcasing their dedication to user satisfaction. The accuracy of the real-time price feeds ensures that I’m always trading with the most recent market information. The app’s streamlined process for deposits and withdrawals has made managing my finances incredibly efficient. Being able to view my full trade history within the app has been a critical factor in refining my trading approach.
2023-12-01 02:29
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0
0
Thomas6617
3-6months
It’s thrilling to know that I can access my trading history from the app. Now, I’m able to monitor my growth as I learn and easily spot trading mistakes that I have made to avoid them. I’ve never really been a desktop person, and my former trading platform didn’t have an app where I could see my history. For me, Videforex is a good option for beginners, but there might be a learning curve at first.
2023-11-24 21:06
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0
0
FX1233162836
more than one year
I opened an account with VIDEFOREX in September 2022 and I have been trading since then. During this time, I found them reliable. VIDEFOREX never disappoints me. I will continue working with them for sure.
2023-02-21 14:07
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0
1
誓约
more than one year
Started at the end of Sept 2022 so far good. Fast and professional online chat communications. Good order execution..more feedback in the coming days.
2023-02-14 17:14
Reply
0
0
成就所愿
more than one year
I recommend VideForex, for the deposit is quite comfortable, and can be done through many channels. Many trading tools are available, with a demo account provided after opening a real account. There is a convenient service for copying transactions and 24/7 support. A lot of people would like that.
2022-12-05 14:57
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0
0
klean
more than one year
I've been cheated! I can't get my money out... I can't access their website and platform... What's more, I've been trying to call them, but they've been ignoring me. I don't know what to do. Who can put me in touch with them?
2022-12-05 11:52
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