Videforex minimum deposit is $250, and payment methods are electronic payment systems, сryptocurrencies and debit/credit cards
Videforex Minimum Deposit And Account Details
Updated: September 29, 2023
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The article delves into the intricacies of the Videforex minimum deposit requirements for its various account types. As an essential aspect of starting one's trading journey with a broker, understanding the deposit structure and associated details is crucial. This review will provide comprehensive insights into Videforex's minimum deposit, payment methods, and other related facets, ensuring that potential traders are well-informed before making their investment decisions.
What is Videforex minimum deposit?
Videforex offers three primary account types, each with its own minimum deposit requirement. For the Bronze account, traders need to deposit a minimum of $250. Those interested in the Silver account must deposit at least $1000, while the Gold account requires a minimum deposit of $3000.
It's essential for traders to choose an account type that aligns with their financial capabilities and trading goals. The broker recommends these amounts to ensure that clients have adequate capital to start their trading journey effectively.
Videforex Minimum Deposit vs Competitors
| Pocket Option | Videforex | IQcent | |
|---|---|---|---|
Minimum Deposit |
$50 |
$250 for Bronze, $1000 for Silver, and $3000 for Gold |
$20 |
Videforex deposit fees
Good news for traders! Videforex does not charge any deposit fees. This means that the entire amount you deposit goes directly into your trading account, without any deductions. Such a fee-free structure is beneficial for traders as it reduces the overall cost of trading and ensures that they get the maximum value for their money.
Videforex Deposit Methods vs Competitors
| Pocket Option | Videforex | IQcent | |
|---|---|---|---|
Yes |
Yes |
Yes |
|
Yes |
Yes |
Yes |
|
Yes |
Yes |
Yes |
|
Yes |
Yes |
Yes |
Videforex deposit - Processing time
Time is of the essence in the world of trading. Recognizing this, Videforex ensures that deposits are processed instantly. This swift processing allows traders to capitalize on trading opportunities without unnecessary delays. With instant deposit processing, traders can seamlessly fund their accounts and dive into the trading world quickly and efficiently.
Videforex account currencies
When depositing money in a currency different from the account's base currency, traders should be aware of potential currency conversion costs. These costs arise due to the differences in exchange rates and can affect the actual amount credited to the trading account. Therefore, it's essential for traders to factor in these potential costs when making a deposit in a different currency to ensure they are not caught off guard.
| Pocket Option | Videforex | IQcent | |
|---|---|---|---|
Account Currencies |
USD |
AUD, EUR, GBP, RUB, USD. |
USD, EUR, and GBP |
How to deposit money on Videforex? Step by step guide
Depositing funds into your Videforex account is a seamless and user-friendly experience. Here's a concise guide to help you navigate the process:
1
Accessing your funds. After logging into your Videforex account, direct your attention to the account funds section. Within this area, you'll find the “0,00 USD real” button situated at the top right. Clicking on this will lead you to the deposit interface. As an alternative route, you can also opt for the “Transfer” option located within your account profile.
2
Initiating the deposit. Before proceeding, take a moment to acquaint yourself with Videforex's platform features. When ready, simply click on the “+” icon, signaling your intent to add funds.
3
Specifying deposit amount. Videforex presents you with four distinct trading options. Choose the one that aligns with your trading strategy and enter the desired deposit amount.
2
Bonus activation. Videforex appreciates its traders by offering deposit-based bonuses. If you wish to avail of this perk, click on the “Activate” button. Once done, proceed by clicking “Continue.”
2
Concluding the deposit. Ensure you review all the provided information for accuracy. Once satisfied, finalize your deposit by clicking on the “Finish” button.
FAQs
Who is the owner of Videforex?
Videforex is owned by INVOLVA CORP, a legal entity registered in the Marshall Islands.
How long does it take to withdraw money from Videforex?
Deposits are instant for all methods, except Perfect Money which takes 1 hour. Withdrawals, post-confirmation, are processed within 1 hour regardless of the method used.
How long does it take to get verified on Videforex?
Videforex may take up to 3 business days to process bank wire transfers and verify the receipt of funds.
Is Videforex regulated?
While Videforex is operated by INVOLVA CORP, registered in the Marshall Islands, it is not regulated by any financial authority.
Team that worked on the article
Alamin Morshed
Contributor
Alamin Morshed is a contributor at Traders Union. He specializes in writing articles for businesses who want to improve their Google search rankings to compete with their competition.
Dr. BJ Johnson
Developmental English Editor
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.