How to close a VideForex account

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VideForex is a platform launched in 2017 that benefits Forex trading, cryptocurrency, and commodities trading. VideForex allows users to choose from different accounts depending on their amount of deposits.

But sometimes, a user wants to withdraw all their funds from the existing portal’s account and looks for the details on how to delete their VideForex account.

This article will provide readers with instructions on how to close their VideForex account and will detail all the steps they need to follow to shut down their open trades.

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VideForex account types compared

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Several account types are offered on the VideForex platform, including a basic account, a silver account, a gold account, a platinum account, and a VIP account. Each account offers different benefits and features, such as higher leverages, lower spreads, and access to additional trading instruments.

The detailed view of the different VideForex Accounts includes:

Bronze: The minimum deposit for this type of account is $250. Users will benefit from making withdrawals within an hour, a 20% first deposit bonus, 24/7 live video chat support, and a demo account option. Apart from that, the user can also benefit from a copy trading tool.


Silver: To open a silver account, the user must deposit a minimum amount of $1000. Once they make the deposit, the user will get all the perks included in the Bronze features. Furthermore, on opening the account, the user will get a 50% first deposit bonus, a master class web session, and the option to choose three risk-free trades.


Gold: For opening a gold account, the user must make a minimum deposit of $3000. The gold plan will include all the benefits of the silver plan. The user will get a personal success manager and a 100% first deposit bonus.

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In the table below, students can find the comparison between the three types of accounts at VideForex:

Trading Account Charges

Account Type

Bronze Account

Silver Account

Gold Account

Initial Deposit

$250

$1,000

$3,000

Spread

1.4 pips

0.0 pips

0.0 pips

Commission

$0

$3

$2

Leverage

500:1

500:1

500:1

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How to delete a VideForex account: Instruction?

To delete the VideForex account, the users must follow the steps below:

Log in to the user account on the VideForex website.


In the top menu, click on the Settings option available.


At the bottom of the page, the “Close Account” button is available. Scroll down to access and close it.


A pop-up window will appear, asking the user to confirm that they want to close the account. Click on the "Close Account" button to confirm.

How to delete the account by email?

The user must follow the steps below to delete the account using email:

Send an email to support@videforex.com from the email address associated with the VideForex account.


In the subject line, write "Request to Close Account".


In the body of the email, include the account number, full name, and the reason for closing the account.


Wait for a response from the VideForex support team. They will confirm receipt of the account closure request and provide further instructions on proceeding.

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Reasons for deleting a VideForex account

There are several reasons traders may search for how to close a VideForex account or how to delete a Videforex account, including:

They are no longer interested in trading on the platform.


They have found a better trading platform that meets their needs.


They have experienced issues with the platform or customer service.


They have withdrawn their funds and no longer need the account.

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How to withdraw funds?

To withdraw funds from the VideForex account, the users must follow these steps:

Log in to the user account on the VideForex website.


On the top menu, users will find the “Withdraw Funds” option. Click on that option.


Select the account from which the user wants to withdraw funds.


Enter the amount to be withdrawn and choose the preferred withdrawal method.


Click on the "Withdraw" button. This will help in starting the withdrawal process.

FAQs

Can I close my VideForex account at any time?

Yes, you can close your VideForex account anytime by following the steps outlined in this article.

Will I be charged a fee to close my VideForex account?

No fees are associated with closing a VideForex account.

Can I reopen my VideForex account after closing it?

No, it cannot be reopened once you close your VideForex account.

Will I lose any money by closing my VideForex account?

You will only lose money by closing your VideForex account. However, it is essential to withdraw any funds you have remaining on the platform before closing your account

Team that worked on the article

Andrey Mastykin
Author, Financial Expert at Traders Union

Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform. Andrey focuses on educating readers about the potential rewards and risks involved in trading financial markets.

He firmly believes that passive investing is a more suitable strategy for most individuals. Andrey's conservative approach and focus on risk management resonate with many readers, making him a trusted source of financial information.

Dr. BJ Johnson
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.

The topics he covers include trading signals, cryptocurrencies, Forex brokers, stock brokers, expert advisors, binary options. He has also worked on the ratings of brokers and many other materials.

Dr. BJ Johnson’s motto: It always seems impossible until it’s done. You can do it.

Mirjan Hipolito
Cryptocurrency and stock expert

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO). Mirjan is a cryptocurrency and stock trader. This deep understanding of the finance sector allows her to create informative and engaging content that helps readers easily navigate the complexities of the crypto world.