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Algobit Ltd
18299476393
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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.
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.
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.