Find a trader whose results are consistent and long-term (more than a year). Look at their risk score and maximum drawdown so that it goes in line with your tolerance. Also, put into consideration the number of copiers they have and whether they are trading with real money, as this is an indication that they have a stake in the game. The income you receive is dependent on the performance of the market trader you are copying and is dependent on the market conditions.
Is there a deposit bonus on Videforex?
The platform offers a user-friendly and intuitive interface that allows clients to stay connected with the global market and not miss out on any trading opportunities. The platform 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. Compared to so many other brokers online, Videforex is quite high-priced for all of its online trading accounts.
Selecting a Master Trader
“Trading Finder,” with its experience, aids traders and investors in gaining a correct understanding and deep learning. The training programs are designed based on tools for traders of all levels, from “beginner to advanced.” Major flaw and a warning light is the fact that Videforex provides demo account only after you make a deposit!
Markets
It may reduce the need for hands-on market analysis, but understanding what and who you’re copying remains important. There is a 5% transfer fee charged on all credit card deposits, where the is no charge on any other deposit method. A deposit request via credit, debit card or via e-wallet will be processed within 3 hours. It can take Videforex up to 3 business days to process incoming bank wire transfers and to verify that the funds have been received. This 2024 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Videforex FX broker performance and features.
Videforex Copy Trading: Leveraging Expertise
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. Trading on the platform is straightforward for both beginners and experienced investors. It has been engineered to retain usability while offering a variety of sophisticated tools and resources many day traders require. For example, in-depth investing tutorials can walk newbies through the platform.
Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications. Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews.
Yes, Silver and Gold account holders gain access to masterclass webinars, and all users can benefit from platform tutorials and guides. However, the depth of educational content is basic compared to dedicated learning platforms. While VideForex deposit bonuses can provide a nice boost to your trading capital, it’s important to read the terms and conditions carefully. For instance, VideForex deposit bonuses are not withdrawable. For example, let’s assume that a company ABC’s stock price currently trades at $24. The trader buys a binary option with a strike price of $25, and expires after one day.
You can also trade major indices like the videforex copy trading Dow Jones 30, S&P 500, and FTSE 100 (CFDs only). Videforex Copy Trading delivers a powerful combination of automation, social insight, and risk management. By providing transparent performance data, flexible customization, and a supportive educational environment, the platform empowers traders at every level.
Videforex claims to provide a user-friendly and innovative trading platform, as well as various tools, education, and account types to suit different trading styles and preferences. However, as with any online broker, there are also some potential drawbacks and risks involved in trading with Videforex. Therefore, it is essential to conduct a thorough and objective review of the broker before deciding to open an account and invest your money. In this article, we will review Videforex and evaluate its regulation, platforms, tools, education, markets, accounts, and funding methods.
- Easy to digest for beginners, these can help investors find opportunities and time trades.
- VideForex headquarters are in the Marshall Islands, and more than 100 assets are available to trade.
- You will see their results each month, the longest losing period, how long they hold their positions, and the overall results.
- Full account management and copy trading are also available.
How to Copy Trades on VideForex Broker
The Securities and Exchange Board of India (SEBI) has yet to provide dedicated provisions on all types of copy trading. Indian residents are supposed to deal with only licensed platforms that abide by SEBI regulations and unlicensed brokers. Yes, Videforex provides a dedicated mobile app that allows you to access your trading account and execute trades on-the-go. The mobile app is available for both iOS and Android devices, ensuring that you can stay connected to the markets regardless of your location. Videforex offers a variety of funding methods to suit traders’ preferences. These include credit/debit cards (Visa, Mastercard, etc.), bank wire transfers, e-wallets (Skrill, Neteller), and even cryptocurrencies like Bitcoin.
- Launched in 2017, Videforex offers access to stock, index, crypto, forex and commodities markets via binary options and CFDs.
- Positions 1 to 5 are said to have been awarded cash prizes (an iPhone 10 went to the 5th place winner).
- On the in-house trading platform, traders can choose from more than 100 instruments, ranging from forex trading to binary options.
- However, the truth is, this is not a magic money-making machine.
- The broker also offers promotions and bonuses, 24/7 video chat and several funding methods.
- Although there are no additional costs when adding funds using Bitcoin, Altcoins, and Ethereum, Visa & MasterCard transactions have a 5% charge.
All content on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions. DayTrading.com may receive compensation from the brands or services mentioned on this website. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. Keep in mind though, Videforex is unregulated, and we always recommend caution before trading with unlicensed providers.
This hands-off approach enables participants to benefit from professional insights, diversify their portfolios, and potentially generate passive returns without dedicating hours to market research. Videforex Copy Trading is an innovative social trading feature designed to bridge the gap between novice traders and seasoned professionals. By enabling users to mirror the trades of expert traders—commonly referred to as “masters”—on a real-time, automated basis, Videforex offers a streamlined path to market participation. Whether you’re trading CFDs or binary options, the platform’s intuitive order entry system simplifies the process of executing trades.
