User Reviews
More
User comment
25
CommentsWrite a review

Score
Marshall Islands
Suspicious Regulatory License
High potential risk
Influence
Add brokers
Comparison
Quantity 2
Exposure
Score
Regulatory Index0.00
Business Index7.34
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
Danger
More
Company Name
INVOLVA CORP
Company Abbreviation
VIDEFOREX
Platform registered country and region
Marshall Islands
Company website
X
Company summary
Pyramid scheme complaint
Expose
Capital
$(USD)
VIDEFOREX Review Summary | |
Founded | 2017 |
Registered Country/Region | Marshall Islands |
Regulation | Unregulated |
Market Instruments | CFDs, Cryptos |
Demo Account | ✅ |
Leverage | / |
Spread | / |
Trading Platform | Web and Phone trading platforms |
Minimum Deposit | $0 |
Customer Support | Contact form |
Phone: +18499370843 | |
Regional Restriction | The United States |
VIDEFOREX is an unregulated forex broker based in the Marshall Islands and has been founded in 2017. 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.
Pros | Cons |
Demo accounts available | No regulation |
No minimum deposit requirement | Transfer fees for some payment methods |
Various payment methods | Limited customer support |
No MT4/MT5 |
VIDEFOREX has no valid regulations. There is no guarantee that the platform adheres to proper security protocols to safeguard user funds.
VIDEFOREX offers CFDs and Cryptostrading.
Tradable Instruments | Supported |
CFDs | ✔ |
Cryptocurrencies | ✔ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
Mutual Funds | ❌ |
VIDEFOREX offers live and demo accounts for their traders without the minimum deposit requirement. To receive demo account access, you need to fund your trading account and contact customer support to get demo account credentials.
VIDEFOREX offers web and mobile platforms. The platform is available in three versions: Web, Android and iPhone. The app can be download through Google Play.
Trading Platform | Supported | Available Devices | Suitable for |
Web | ✔ | Web | / |
APP | ✔ | Android and iPhone | / |
MT5 | ❌ | / | Experienced traders |
For deposit and withdrawal, VIDFOREX accepts VISA, Mastercard, Bitcoin, Altcoins, and Ethereum. VISA and Mastercard incurs a 5% transfer fee. The minimal amount allowed for withdrawal is $50.
Deposit Options
Deposit Options | Minimum Deposit | Deposit Fees | Deposit Processing Time |
VISA/Mastercard | $0 | 5% | Up to 1 hour |
Mastercard | ❌ | ||
Altcoins | |||
Ethereum |
Withdrawal Options
Withdrawal Options | Minimum Withdrawal | Withdrawal Fees | Withdrawal Processing Time |
VISA/Mastercard | $50 | 5% | Up to 1 hour |
Mastercard | ❌ | ||
Altcoins | |||
Ethereum |
While the forex market is becoming more regulated, deceptive brokers have also started finding new ways to scam investors.
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.
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.
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!
Videforex is a brokerage firm that specializes in Forex and CFD trading. They claim to have more than 100 tradable assets. It is an Involva Corp offshore business that follows Marshall Islands legislation. They provide three different trading accounts (Bronze, Silver, and Gold) with a $250 minimum deposit and a maximum withdrawal processing time of one hour. Furthermore, all traders have a maximum leverage of 1:100, and you can trade through their web trading platform as well as their mobile apps for Android and iOS.
More
User comment
25
CommentsWrite a review