VideForex
You can speak with a customer support representative to verify your deposit, and so they could open a demo account for you. Using a demo account, VideForex users won’t risk their hard-earned capital. Instead, they will be using virtual funds provided by the broker. However, to be able to trade using the demo account feature, clients will need to deposit at least $250.
VideForex Account Packages
Traders can use a demo account similar to a live account with practically no charges. The demo account is mainly vital for traders who are beginning to change. The main aim is to make them familiar with forex trading in general. The comprehensive mobile management capabilities of the Videforex app make it a powerful tool for traders who require constant access to their trading portfolio and https://traderoom.info/videforex-a-reliable-broker/ market data. However, even if the sharing trading feature isn’t applicable, the traders can choose other investment avenues. When the traders avail the trading platform, they can seamlessly trade in their favorite tools without downloading additional software or apps.
Bonuses
Make sure to read VideForex’s terms and conditions before you use their promo code. VideForex’s mobile application functions the same way as its web-based platform. Here, you can trade all the available assets and even withdraw and deposit at a click of a button.
- Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk.
- Once traders get the hang of trading on the VideForex demo trading platform, they can also trade with real money.
- Forex brokers often lure new traders with offers of deposit bonuses.
- When evaluating a broker, it is imperative to look at the fees which are charged.
- If you are searching for a reliable broker that offers the best trading service, you must choose Videforex.
Other Trading Fees
The prices are mainly dependent on several factors, and it tends to range as per the order type the traders choose. The traders need to maintain a minimum account balance of $250, and the spread is around 1.4 pips. The company had its headquarters in 2016, and they are ideal for traders willing to trade in forex or CFD trading. Videforex is a remarkable trading platform that comes with a user-friendly interface. Also, this broker can be operated on different devices, which further adds convenience and limits the hassle.
On the flip side, if traders decide to trade on a Bronze account, they need to pay a spread of 1.4 pips. The reason behind this is that there are some terms and conditions that apply regarding the charges, so traders must be well aware of them. The spot metals trading charges aren’t fixed at the trading platform. The traders can learn about the basics here and understand how the market tends to work.
There are several items that traders can do following the demo account. VideForex is likely to pay close attention to their rivals, and a demo account is expected to offer verified account holders to make some deposit. Ideally, Videforex is a new forex company that offers both CFD and forex trading besides binary and other trading options. The Investing Brokers team have over 15 years of experience in the online brokerage industry and are committed to providing reliable information for all of the brokers that we review. Customer support appears to only be available via live chat, which in turn is only available for registered users. No working hours, phone numbers, or email addresses to customer support is mentioned on this broker’s website.
Even when viewing the trading assets, the broker does not provide any information. This amount is often lowered substantially when leverage is applied. The bonus meter which is provided on the Accounts page of the Videforex website has a slider that calculates the US Dollar value that traders will receive upon making their first deposit. Topics include account features, trading help and registration.
The broker does not charge an account funding fee, however, third-party fees may apply. UK clients can utilise the below deposit methods, with instant processing and no deposit fees. Videforex offers binary options and leveraged CFDs on major, minor and exotic currency pairs, a dozen cryptos including Bitcoin, plus commodities like gold.
The sleek system makes selecting your financial instrument a hassle-free process. You can get to your choice of currency pairs, commodities, and indices with just a few clicks. Plus, you have access to cryptocurrency pairings and fixed return options. For example, there aren’t any spread charges available for traders that choose Silver or gold accounts. Ideally, these charges tend to vary from account to account so that traders can choose one as per their needs.
VideForex’s Silver account entitles users to the same features granted to Bronze account holders, but they also gain access to a master class, which is a web session, and a 50% bonus. With the minimum deposit of $1,000 plus the 50% bonus, your total funds would be $1,500. VideForex offers three types of trading accounts namely Bronze, Silver, and Gold. The minimum deposit for the Bronze account is $250 while that of Silver and Gold is $1000 and $3000 respectively. All features are free, which means traders can feel the live trading account with almost no costs.