VideForex Review 2023: Should you sign up with the broker? 1.6/5Open accountBeing in business since 2016, VideForex has been around for some time and has raised several eyebrows. So, is the broker legit? Let’s find out everything we can about the broker. Min. deposit $250 Website address https://videforex.io/ Demo account Yes Currency AUDEURGBPRUBUSD Supported languages EngRus Active Yes Payment Methods Bitcoin PaymentsCredit CardEthereum PaymentsMastercardNetellerPerfect MoneySkrillVisa Bonus 20% to 200% Deposit Bonus Instruments binary optionsCFDsCommoditiesCryptosForexindices Min. trade price ¢0.01 MetaTrader 4 No MetaTrader 5 No cTrader No OmniTrader No AlgoTrader No TradingView Yes Trading Central No Autochartist No eSignal No STP Account No ECN Account No DMA Account No MAM Account No PAMM Account No LAMM Account No Demat Account No Mobile Apps Android Margin Trading Yes Volatility Index No Spot Trading Yes Perpetual Swaps No ELWs No REITs No AI / Machine Learning No Robo Advisor No P2P Trading No Negative Balance Protection Yes VPS Hosting No Tournaments Yes Demo Competitions No Managed Accounts No Market Maker No Auto Trading Yes Social Trading Yes Copy Trading Yes Trade Signals Yes Islamic Account No Inactivity Fee $10 Guaranteed Stop Loss Yes Stock Exchanges Dow JonesFTSE UK IndexHong Kong Stock ExchangeIBEX 35NasdaqS&P 500SIX Swiss Exchange Commodities CopperGoldOil Forex Trading Videforex offers leveraged trading on major, minor and exotic currency pairs. Forex GBPUSD Spread Floating from 0.1 pips Forex EURUSD Spread Floating from 0.1 pips Forex EURGBP Spread Floating from 0.1 pips Forex Assets 35 Crypto Spread Floating Crypto Lending No Crypto Staking No Crypto Mining No Crypto Auto Market Maker No Crypto Coins BNB, BTC, DOGE, ETH, MATIC, QUANT, SOL, UNI, USDT, XMR, XRP Binary Options Videforex offers beginner-friendly binary options on forex, cryptos, and commodities. New joiners can also claim a deposit welcome bonus. Expiry Times 5 seconds - 1 month Ladder Options No Boundary Options No Show all >>* The amount that will be credited to the account in the case of a successful deal*General Risk Warning: Your capital might be at riskMin. deposit250$Min. trade price1$Website addresshttps://videforex.io/Profitability90%*Demo accountYesCurrencyAUDEURGBPRUBUSDSupported languagesEngRusActiveYes * The amount that will be credited to the account in the case of a successful deal Open accountGeneral Risk Warning: Your capital might be at risk5320Trustpilot Real Time Reviews The Trustpilot rating is 1.6, according to 93 reviews Alexa Growny us There are so many negative comments that I couldn`t believe them. I have been trading with videforex for so long and have never experienced any issues. 5 stars from me guys, thank you!View all Alexa Growny us Support service is the best I have ever had to deal with! Fast responses and real people solving your issuesView all John Lorens gb Some of my friends and followers trade with them and nobody had any problem with accounts being blocked. Do not be mislead by fake reviews, I recommend videforex all the timeView all Сергей Коваль ua I'm just starting to trade on the stock exchange, but first impressions are the most positive. Excellent support service, if you have any questions, they will always help. After a month of work, it went from $ 500 to $ 800.View all Oleh Ivanitskyi us I found Videforex last year and already at that time I had 1,5 year of experience in trading. I wasn't sure about working with Videforex because of some negative reviews and other stuff but I knew how to differentiate real company from fake one and I opened my account. My words were proven after 1 month. I made good profit and had to request all money including my deposit for some personal reasons and the company immediately approved my withdrawal. Then I was trading a lot building my account without withdrawing but now already I make it regularly with no problems at all!! Thanks VideforexView all Emilio au I had only very good experiences with Videforex ! To deposit and as well the withdrawal of my Profit was easy and fast ! The beautiful ladies at the support are amazing , not only beautiful but as well very helpful for my questions ! I trade with videforex over 14 month now, never had any negative experience with them ! Thank you so much for your great support and help !View all Load more Saqib Iqbal Author Hannah Jones Editor 9 min read Published: July 09, 2018 Updated: November 27, 2022 Views: 190Content What is VidForex? WHAT ARE VIDEFOREX TRADING ACCOUNTS? HOW SAFE IS VIDEFOREX? WHERE IS VIDEFOREX LOCATED? HOW TO CONTACT VIDEFOREX? HOW TO DEPOSIT/WITHDRAW FUNDS INTO VIDEFOREX? DOES VIDEFOREX OFFER PROMO CODES OR BONUSES? HOW DO I MAKE MONEY WITH VIDEFOREX? FAQsBeing in business since 2016, VideForex has been around for some time and has raised several eyebrows. So, is the broker legit? Let’s find out everything we can about the broker.How does VideForex stand out?Non-stop trading: The trading continues even on weekends on the platform.Minimum required trading size: You can start trading and open positions with as little as $1.Contests for traders: VideForex frequently hosts trading competitions. They offer valuable training in addition to financial incentives.Multiple funding options: VideForex accepts payments using various methods. These include credit cards and cryptocurrency.What is VidForex? First, let me tell you a little about the broker. Before hitting the “Create account” option, you should know everything about the broker.VideForex is a broker that allows people all around the world to trade forex. Since its inception in 2016, it has immensely grown in popularity. Despite this, when reading reviews, you’ll see most users seem to have bad experiences with the broker.VideForex homepageInvolva Corp is the owner of VideForex. The company is also in charge of BinaryMate. I have done an in-depth review on Binarymate; you can check it out here.You must first register or sign up before you can begin trading with this broker. To set up your first trade, you must deposit a minimum of $250. However, if you wish to get a feel for the platform before investing, you can try the demo account like I did (more on that later).WHAT ARE VIDEFOREX REGULATIONS?When I visit any broker’s website, I look for the regulations page. What I found with VideForex raised some red flags. During my research, I discovered that this broker is missing something important – Regulation!Although the broker says it’s regulated, it isn’t. The broker lacks a license from a reputable authority like the FCA, ASIC, or CFTC. The firm is licensed in the Marshall Islands, a country known for offshore trading – meaning you don’t have any protection of funds.HOW DOES VIDEFOREX WORK?If you don’t care about regulations, I have some good news. Trading various assets is possible with VideForex, in an array of types. Given below is a list of these assets:StocksIBMTESCOCOCA COLA (US)NIKE (US)MICROSOFT (US)EXXON MOBILAMAZONPFIZERDISNEYINTEL, and more.And what forex pairs are available by the broker? Let’s see:ForexEUR/USDUSD/CADEUR/GBPUSD/ZARGBP/RUBNZD/USDAUD/JPYEUR/AUDAUD/CADGBP/CAD, and more.CryptosBitCoin/USDBitCoin/CNYIndicesDOW (US)CAC (FRANCE)NASDAQ (US)FTSE 100 (UK)MSM 30 (OMAN)ISE 30 (ISTANBUL STOCK EXCHANGE)DUBAI (DUBAI FINANCIAL MARKET GENERAL INDEX)HANG SENG (HONG KONG)TEL AVIV 25IBEX, and moreThe last asset VideForex offers is commodities:CommoditiesSILVERSugarGOLD/EURCoffeePlatinumGoldGold futureOil, and others.HOW DOES THE VIDEFOREX PLATFORM WORK?When I opened the demo account with the broker, I found out that it had limited platform options. The broker doesn’t provide any standard trading platform. I was disappointed, but as an experiment, I opened an account to see what they did offer.VideForex only provides its native platform. It is web-based and provides a simple interface. However, it lacks many advanced tools and doesn’t have any indicators at all. That’s a major turn-off for any trader.While trading, I combine technical and fundamental analysis. One of those tools is technical indicators. The platform comes in with a mobile version too, which offers the same features as the web platform.VideForex platformFurther reading OvalX Review - What You Need to Know (formerly ETX Capital) Trading Strategy: ALMA with Moving Averages What to Do if a Broker Refuses to Pay – 3 Effective Methods Markets.com Reviews 2023: Is it The Most User-Friendly Trading Platform? TD Ameritrade review 2023: should you sign up with this broker? IC Markets Broker OverviewWHAT ARE VIDEFOREX TRADING ACCOUNTS? If the platform turns you off, VideForex’s trading accounts can provide some relief. I was shocked to see a broker with no regulations providing such a variety of account types.VideForex offers three account types; Bronze, Silver, and Gold accounts. Let’s go through them:1. BRONZE ACCOUNTThe bronze account has a minimum deposit of $250. It includes a 20% bonus, copy trading tool, and a demo account. VideForex mentions the withdrawals take about an hour. However, customer reviews state that’s not the case.2. SILVER ACCOUNTThis account can get you a 50% bonus. It also includes a master class on the web to help you in your trading journey, as well as a demo account. You get three risk-free trades and trading protection, which means traders can get 10 percent back on negative trades.3. GOLD ACCOUNTThe gold account can get you a 100% bonus. It also includes a master class and a demo account, just like the silver account type. You can get a personal account manager and three risk-free trades like that for silver account holders.VideForex account types pageDOES VIDEFOREX OFFER A DEMO ACCOUNT?Want to get a feel for the market before investing a large sum? You can try VideForex’s demo account. As we discussed, I opened a demo account only with the broker. The good thing is that all three account types have a demo account.Further reading CLM Forex (Core Liquidity Markets) - Broker Review Olymp Trade - a review of trusted and reliable trading platform Nadex review 2023: should you sign up? Orbex Broker Overview What Is Flare Network and What Does It Do? Full Review of Spectre.ai: Low-Risk, (Decentralized) BrokerHOW SAFE IS VIDEFOREX? You and I agree that safety is one of the biggest concerns when opening an account with any broker. VideForex also lacks security, which should give you pause if you’re thinking of working with the broker.VideForex does not work under any regulated authority – this sets off alarm bells for any scrupulous trader. Also, the broker claims they have proper security measures; however, their explanations of the safety measures they take are dubious at best. Due to certain security issues and regulatory concerns, VideForex does not operate in the United States.Further reading Full Review of Spectre.ai: Low-Risk, (Decentralized) Broker Binarium Review and Feedback on the Binary Options Broker What Is Flare Network and What Does It Do? Building Small Profits, Fast: How to Use an Options Scalping Strategy for Trading CMC Markets - Advanced Trading Platform Review Trader's diary. Why and for what you need it?WHERE IS VIDEFOREX LOCATED? I discussed the regulations and safety measures of VideForex. On a related note, it’s important to know the physical location of a broker. Where is VideForex located?I didn’t find anything about the broker’s location. All I saw was its parent company address. Here’s a screenshot:VideForex locationThe registration address of VideForex is Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960.Further reading Free Online Interactive Binary Options Charts and Why You Should Use Them ZENITH TRADING STRATEGY FOR BINARY OPTIONS What Is Flare Network and What Does It Do? What Is an Option What Is Chainlink? The Decentralized Oracle Network Using a Stochastic Oscillator - the BasicsHOW TO CONTACT VIDEFOREX? Every trading broker platform offers contact services to the trader. VideForex allows a limited contact service to traders.Following are the contact services provided by VideForex.On-call serviceSocial mediaVideForex also offers a call contact service to traders. Unlike many other forex brokers, Videforex does not offer a live video chat service.Further reading How to Make a Sideways Trend Work for You: Trading Strategy The Story Behind the MBA Forex Scam and Closure Full Review of Spectre.ai: Low-Risk, (Decentralized) Broker Orbex Broker Overview Using a Stochastic Oscillator - the Basics E-Trade feedback on the trading platformHOW TO DEPOSIT/WITHDRAW FUNDS INTO VIDEFOREX? To evaluate any broker, the ease of depositing and withdrawing money plays an important role. VideForex also offers different methods for asset deposit and withdrawal. Want to know about these methods? Here they are!Unlike other major brokers, VideForex offers limited asset deposit and withdrawal methods. Several brokers offer the traders the option of a bank wire transfer, but VideForex does not offer it. VideForex instead offers bank-related funding only via credit/debit cards. VideForex also offers a deposit and withdrawal facility using the following cryptocurrencies.Bitcoin (BTC)Ethereum (ETH)AltcoinsThe minimum deposit limit for the VideForex account is $250, and the maximum deposit limit is $50,000. The minimum withdrawal limit on VideForex is $50.VideForex funding methodsFurther reading Option Robot Review - The Best Auto Binary Trading System? WELTRADE review 2023: should you sign up with this broker? What Is an Option CMC Markets - Advanced Trading Platform Review What Is AdvCash Or An Off-shore Payment Card Alternative The Story Behind the MBA Forex Scam and ClosureDOES VIDEFOREX OFFER PROMO CODES OR BONUSES? Forex brokers often offer promo codes to attract traders and bonuses to reward for deposits. Below given is the quick analysis of promo codes and bonuses provided by VideForex.VideForex does offer some promo codes. These codes are often sent to you by email service or displayed on the website. You can find the VideForex promotional codes on other websites, but you must ensure they are authentic.To incentivize deposits, VideForex offers a significant amount of bonus services to traders available via a tiered system. Depending upon the first deposit, the person can earn up to a 100% bonus.If your first deposit is $250 to $999, you can get a 20% bonus; your total trading deposit will be $300 to $1198.If your first deposit is $1000 to $2999, you can get a 50% bonus; your total trading deposit will be $1500$ to $4498.If your first deposit is $3000 to $5000, you can get a 50% bonus; your total trading deposit will be $6000 to $100000.If weekly prizes are more your thing, check out the $10,000 in weekly prizes provided by Weltrade.Further reading MetaTrader 4 Review: A Free Comprehensive Trading Platform for Experts and Novices BEST ONLINE EARNING APPS IN PAKISTAN IN 2023 (AUTHENTIC WAYS) IG review 2023: should you sign up with the broker? COTI Price Prediction And Forecast 2023–2026 OvalX Review - What You Need to Know (formerly ETX Capital) CumRocket, The Naughty Boy Of Cryptocurrencies HOW DO I MAKE MONEY WITH VIDEFOREX?I stumbled upon VideForex when searching for low-level brokers. When I opened their website I was bombarded with flashy numbers… a bad sign. I tried their demo account anyway to see what the experience was like.Well, I didn’t like it at all. I tried trading on the platform for one week and left the broker. We’ll discuss what exactly about this broker left a bad taste in my mouth, and how to spot some red flags in brokers like these moving forward in your own trading life. First, let’s see what others say:Further reading Investors take Forex platform ROFX and its founders to court FXCM Review - Best Forex Brokers eOption review 2023: should you sign up with this broker? Orbex Broker Overview Uncovering the Benefits of Dukascopy Swiss Forex & CFD Brokerage What Is Flare Network and What Does It Do? FAQsHow good is VideForex?It depends on many factors, like tradable assets, platforms, account types, and funding methods. They offer a high minimum deposit and don’t have any regulations. So, VideForex isn’t good.Who owns VideForex?Involvo Corp, a company in the Marshall Islands, owns VideForex.How can I close my VideForex account?To close an account, you need to contact the support team. The whole process can take a couple of days to one week.Does VideForex charge tax?VideForex charges no tax on the profits made during the asset trading. It is instead the traders’ responsibility to follow the tax requirements of the country or the region where they use VideForex.Does VideForex pay out?Yes, it does. VideForex payout reaches up to 95%. Payouts signify your expected returns on each trade.FINAL THOUGHTSWe evaluated VideForex’s pros and cons, but the cons were more than the pros. The obvious cons are the lack of regulation, high minimum deposit, no physical address, and no security. So, I would give the broker a 1/5.I hope this review was useful to you and helped you make a decision. If you are looking for legit forex brokers, you can check the complete list of brokers here.Visit »It is one of the best international brokers. Different types of assets, convenient and reliable platform, favorable trading conditions. Want to know more? Click here.Further reading Orbex Broker Overview Free Online Interactive Binary Options Charts and Why You Should Use Them Trader's diary. Why and for what you need it? Exness Review: A Top-Notch Forex Broker and the Official Partner of Real Madrid Cryptocurrency trading and binary options CMC Markets - Advanced Trading Platform Review Start tradingGeneral Risk Warning: Your capital might be at risk
Saqib Iqbal Author Hannah Jones Editor 9 min read Published: July 09, 2018 Updated: November 27, 2022 Views: 190Content What is VidForex? WHAT ARE VIDEFOREX TRADING ACCOUNTS? HOW SAFE IS VIDEFOREX? WHERE IS VIDEFOREX LOCATED? HOW TO CONTACT VIDEFOREX? HOW TO DEPOSIT/WITHDRAW FUNDS INTO VIDEFOREX? DOES VIDEFOREX OFFER PROMO CODES OR BONUSES? HOW DO I MAKE MONEY WITH VIDEFOREX? FAQsBeing in business since 2016, VideForex has been around for some time and has raised several eyebrows. So, is the broker legit? Let’s find out everything we can about the broker.How does VideForex stand out?Non-stop trading: The trading continues even on weekends on the platform.Minimum required trading size: You can start trading and open positions with as little as $1.Contests for traders: VideForex frequently hosts trading competitions. They offer valuable training in addition to financial incentives.Multiple funding options: VideForex accepts payments using various methods. These include credit cards and cryptocurrency.What is VidForex? First, let me tell you a little about the broker. Before hitting the “Create account” option, you should know everything about the broker.VideForex is a broker that allows people all around the world to trade forex. Since its inception in 2016, it has immensely grown in popularity. Despite this, when reading reviews, you’ll see most users seem to have bad experiences with the broker.VideForex homepageInvolva Corp is the owner of VideForex. The company is also in charge of BinaryMate. I have done an in-depth review on Binarymate; you can check it out here.You must first register or sign up before you can begin trading with this broker. To set up your first trade, you must deposit a minimum of $250. However, if you wish to get a feel for the platform before investing, you can try the demo account like I did (more on that later).WHAT ARE VIDEFOREX REGULATIONS?When I visit any broker’s website, I look for the regulations page. What I found with VideForex raised some red flags. During my research, I discovered that this broker is missing something important – Regulation!Although the broker says it’s regulated, it isn’t. The broker lacks a license from a reputable authority like the FCA, ASIC, or CFTC. The firm is licensed in the Marshall Islands, a country known for offshore trading – meaning you don’t have any protection of funds.HOW DOES VIDEFOREX WORK?If you don’t care about regulations, I have some good news. Trading various assets is possible with VideForex, in an array of types. Given below is a list of these assets:StocksIBMTESCOCOCA COLA (US)NIKE (US)MICROSOFT (US)EXXON MOBILAMAZONPFIZERDISNEYINTEL, and more.And what forex pairs are available by the broker? Let’s see:ForexEUR/USDUSD/CADEUR/GBPUSD/ZARGBP/RUBNZD/USDAUD/JPYEUR/AUDAUD/CADGBP/CAD, and more.CryptosBitCoin/USDBitCoin/CNYIndicesDOW (US)CAC (FRANCE)NASDAQ (US)FTSE 100 (UK)MSM 30 (OMAN)ISE 30 (ISTANBUL STOCK EXCHANGE)DUBAI (DUBAI FINANCIAL MARKET GENERAL INDEX)HANG SENG (HONG KONG)TEL AVIV 25IBEX, and moreThe last asset VideForex offers is commodities:CommoditiesSILVERSugarGOLD/EURCoffeePlatinumGoldGold futureOil, and others.HOW DOES THE VIDEFOREX PLATFORM WORK?When I opened the demo account with the broker, I found out that it had limited platform options. The broker doesn’t provide any standard trading platform. I was disappointed, but as an experiment, I opened an account to see what they did offer.VideForex only provides its native platform. It is web-based and provides a simple interface. However, it lacks many advanced tools and doesn’t have any indicators at all. That’s a major turn-off for any trader.While trading, I combine technical and fundamental analysis. One of those tools is technical indicators. The platform comes in with a mobile version too, which offers the same features as the web platform.VideForex platformFurther reading OvalX Review - What You Need to Know (formerly ETX Capital) Trading Strategy: ALMA with Moving Averages What to Do if a Broker Refuses to Pay – 3 Effective Methods Markets.com Reviews 2023: Is it The Most User-Friendly Trading Platform? TD Ameritrade review 2023: should you sign up with this broker? IC Markets Broker OverviewWHAT ARE VIDEFOREX TRADING ACCOUNTS? If the platform turns you off, VideForex’s trading accounts can provide some relief. I was shocked to see a broker with no regulations providing such a variety of account types.VideForex offers three account types; Bronze, Silver, and Gold accounts. Let’s go through them:1. BRONZE ACCOUNTThe bronze account has a minimum deposit of $250. It includes a 20% bonus, copy trading tool, and a demo account. VideForex mentions the withdrawals take about an hour. However, customer reviews state that’s not the case.2. SILVER ACCOUNTThis account can get you a 50% bonus. It also includes a master class on the web to help you in your trading journey, as well as a demo account. You get three risk-free trades and trading protection, which means traders can get 10 percent back on negative trades.3. GOLD ACCOUNTThe gold account can get you a 100% bonus. It also includes a master class and a demo account, just like the silver account type. You can get a personal account manager and three risk-free trades like that for silver account holders.VideForex account types pageDOES VIDEFOREX OFFER A DEMO ACCOUNT?Want to get a feel for the market before investing a large sum? You can try VideForex’s demo account. As we discussed, I opened a demo account only with the broker. The good thing is that all three account types have a demo account.Further reading CLM Forex (Core Liquidity Markets) - Broker Review Olymp Trade - a review of trusted and reliable trading platform Nadex review 2023: should you sign up? Orbex Broker Overview What Is Flare Network and What Does It Do? Full Review of Spectre.ai: Low-Risk, (Decentralized) BrokerHOW SAFE IS VIDEFOREX? You and I agree that safety is one of the biggest concerns when opening an account with any broker. VideForex also lacks security, which should give you pause if you’re thinking of working with the broker.VideForex does not work under any regulated authority – this sets off alarm bells for any scrupulous trader. Also, the broker claims they have proper security measures; however, their explanations of the safety measures they take are dubious at best. Due to certain security issues and regulatory concerns, VideForex does not operate in the United States.Further reading Full Review of Spectre.ai: Low-Risk, (Decentralized) Broker Binarium Review and Feedback on the Binary Options Broker What Is Flare Network and What Does It Do? Building Small Profits, Fast: How to Use an Options Scalping Strategy for Trading CMC Markets - Advanced Trading Platform Review Trader's diary. Why and for what you need it?WHERE IS VIDEFOREX LOCATED? I discussed the regulations and safety measures of VideForex. On a related note, it’s important to know the physical location of a broker. Where is VideForex located?I didn’t find anything about the broker’s location. All I saw was its parent company address. Here’s a screenshot:VideForex locationThe registration address of VideForex is Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960.Further reading Free Online Interactive Binary Options Charts and Why You Should Use Them ZENITH TRADING STRATEGY FOR BINARY OPTIONS What Is Flare Network and What Does It Do? What Is an Option What Is Chainlink? The Decentralized Oracle Network Using a Stochastic Oscillator - the BasicsHOW TO CONTACT VIDEFOREX? Every trading broker platform offers contact services to the trader. VideForex allows a limited contact service to traders.Following are the contact services provided by VideForex.On-call serviceSocial mediaVideForex also offers a call contact service to traders. Unlike many other forex brokers, Videforex does not offer a live video chat service.Further reading How to Make a Sideways Trend Work for You: Trading Strategy The Story Behind the MBA Forex Scam and Closure Full Review of Spectre.ai: Low-Risk, (Decentralized) Broker Orbex Broker Overview Using a Stochastic Oscillator - the Basics E-Trade feedback on the trading platformHOW TO DEPOSIT/WITHDRAW FUNDS INTO VIDEFOREX? To evaluate any broker, the ease of depositing and withdrawing money plays an important role. VideForex also offers different methods for asset deposit and withdrawal. Want to know about these methods? Here they are!Unlike other major brokers, VideForex offers limited asset deposit and withdrawal methods. Several brokers offer the traders the option of a bank wire transfer, but VideForex does not offer it. VideForex instead offers bank-related funding only via credit/debit cards. VideForex also offers a deposit and withdrawal facility using the following cryptocurrencies.Bitcoin (BTC)Ethereum (ETH)AltcoinsThe minimum deposit limit for the VideForex account is $250, and the maximum deposit limit is $50,000. The minimum withdrawal limit on VideForex is $50.VideForex funding methodsFurther reading Option Robot Review - The Best Auto Binary Trading System? WELTRADE review 2023: should you sign up with this broker? What Is an Option CMC Markets - Advanced Trading Platform Review What Is AdvCash Or An Off-shore Payment Card Alternative The Story Behind the MBA Forex Scam and ClosureDOES VIDEFOREX OFFER PROMO CODES OR BONUSES? Forex brokers often offer promo codes to attract traders and bonuses to reward for deposits. Below given is the quick analysis of promo codes and bonuses provided by VideForex.VideForex does offer some promo codes. These codes are often sent to you by email service or displayed on the website. You can find the VideForex promotional codes on other websites, but you must ensure they are authentic.To incentivize deposits, VideForex offers a significant amount of bonus services to traders available via a tiered system. Depending upon the first deposit, the person can earn up to a 100% bonus.If your first deposit is $250 to $999, you can get a 20% bonus; your total trading deposit will be $300 to $1198.If your first deposit is $1000 to $2999, you can get a 50% bonus; your total trading deposit will be $1500$ to $4498.If your first deposit is $3000 to $5000, you can get a 50% bonus; your total trading deposit will be $6000 to $100000.If weekly prizes are more your thing, check out the $10,000 in weekly prizes provided by Weltrade.Further reading MetaTrader 4 Review: A Free Comprehensive Trading Platform for Experts and Novices BEST ONLINE EARNING APPS IN PAKISTAN IN 2023 (AUTHENTIC WAYS) IG review 2023: should you sign up with the broker? COTI Price Prediction And Forecast 2023–2026 OvalX Review - What You Need to Know (formerly ETX Capital) CumRocket, The Naughty Boy Of Cryptocurrencies HOW DO I MAKE MONEY WITH VIDEFOREX?I stumbled upon VideForex when searching for low-level brokers. When I opened their website I was bombarded with flashy numbers… a bad sign. I tried their demo account anyway to see what the experience was like.Well, I didn’t like it at all. I tried trading on the platform for one week and left the broker. We’ll discuss what exactly about this broker left a bad taste in my mouth, and how to spot some red flags in brokers like these moving forward in your own trading life. First, let’s see what others say:Further reading Investors take Forex platform ROFX and its founders to court FXCM Review - Best Forex Brokers eOption review 2023: should you sign up with this broker? Orbex Broker Overview Uncovering the Benefits of Dukascopy Swiss Forex & CFD Brokerage What Is Flare Network and What Does It Do? FAQsHow good is VideForex?It depends on many factors, like tradable assets, platforms, account types, and funding methods. They offer a high minimum deposit and don’t have any regulations. So, VideForex isn’t good.Who owns VideForex?Involvo Corp, a company in the Marshall Islands, owns VideForex.How can I close my VideForex account?To close an account, you need to contact the support team. The whole process can take a couple of days to one week.Does VideForex charge tax?VideForex charges no tax on the profits made during the asset trading. It is instead the traders’ responsibility to follow the tax requirements of the country or the region where they use VideForex.Does VideForex pay out?Yes, it does. VideForex payout reaches up to 95%. Payouts signify your expected returns on each trade.FINAL THOUGHTSWe evaluated VideForex’s pros and cons, but the cons were more than the pros. The obvious cons are the lack of regulation, high minimum deposit, no physical address, and no security. So, I would give the broker a 1/5.I hope this review was useful to you and helped you make a decision. If you are looking for legit forex brokers, you can check the complete list of brokers here.Visit »It is one of the best international brokers. Different types of assets, convenient and reliable platform, favorable trading conditions. Want to know more? Click here.Further reading Orbex Broker Overview Free Online Interactive Binary Options Charts and Why You Should Use Them Trader's diary. Why and for what you need it? Exness Review: A Top-Notch Forex Broker and the Official Partner of Real Madrid Cryptocurrency trading and binary options CMC Markets - Advanced Trading Platform Review Start tradingGeneral Risk Warning: Your capital might be at risk