How To Make Money On VideForex: Full Guide

Top ideas on how to make money on VideForex

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VideForex offers several ways and opportunities to make money on the platform, empowering users to maximize their earning potential in the financial trading world. Let’s explore the top approaches to making money on VideForex.

Binary trading

Binary trading is one of the popular ways to make money on VideForex. Binary options traders make money by predicting the direction of a financial asset within a timeframe. So, CALL options depict that a financial asset will rise, while PUT options posit that a financial asset will fall.

Therefore, traders can predict whether an asset of interest will rise (CALL) within a timeframe, say 30 minutes, for instance. If the asset rises as predicted, the traders win the contract; if it falls, they lose.

Furthermore, VideForex is one of the binary options brokers with the highest payouts in the financial trading industry. It offers traders up to 98% payouts on winning predictions, depending on the volatility of the asset of interest. Besides, VideForex also offers a contract length (timeframe) from 5 seconds up to 1 month for binary prediction. In other words, traders can predict the duration for CALL or PUT options between 5 seconds to 1 month.

Copy trading

Copy trading is another viable way to make money on the VideForex platform. Copy trading is automated trading that enables individuals to replicate the trading activities of other experienced traders on their accounts.

The copy trading feature on VideForex makes it possible for beginners and busy traders to make money in the financial markets, regardless of their level of experience or busy schedules.  This trading system gives a level playing ground for everyone to make money on VideForex.

Furthermore, the copy trading system of VideForex is fully automated and easy to set up to enable even novices to copy trades without a hassle. To start copying trades on VideForex, users need to create an account on the platform, fund it, and connect it to an experienced trader of interest to activate and start copying trades.

However, it is crucial to mention that copy trading carries inherent risks. Investors and traders can potentially lose money from bad trades of the signal providers. Therefore, investors and traders should do intensive research before choosing an experienced trader to copy.

Bonuses

Bonus is another feasible way to make money on VideForex, especially for new traders on the platform. VideForex offers a deposit bonus of up to 100% to new traders on the platform. The deposit bonus aims to give additional funds to new traders, which can be used to generate potential bigger gains.

The deposit bonus comes in 20%, 50%, and 100% for initial deposit. Therefore, a new user that makes a minimum deposit of $250, for instance, gets $300 instead of $250. Furthermore, users can increase the bonus percentage by adding more funds. So, a deposit of $1000+ would attract a +50% deposit bonus, while a deposit of $3000+ would attract a +100% bonus.

However, traders should note that the bonus is meant to be used for trading to be eligible for withdrawal. Traders are eligible for withdrawal after generating a profit of 300% of the deposited amount within three months.

Affiliate program

Finally, the VideForex affiliate program is another way to make money on the platform. The affiliate program presents an opportunity for individuals to earn revenue by referring potential traders to their platform.

VideForex offers a competitive commission of 20% of revenue from their referrals’ deposits. For instance, an affiliate gets a $200 commission when a referred client deposits $1000 into their trading account. Affiliates can withdraw the money or trade with it for a potential bigger profit.

Therefore, the affiliate program on VideoForex can be a lucrative opportunity to generate consistent passive income by simply promoting the platform to potential traders using your unique affiliate link. To become an affiliate on VideForex, users need to sign up for an account on the platform and verify their account for access to the affiliate section.

What is the minimum deposit on VideForex?

VideForex offered different account types with a minimum deposit requirement to start all forms of active trading, including copy trading on their platform. The minimum deposit for the Bronze account is $250, while Silver and Gold accounts are $1000 and $3000, respectively.

Each account type on VideForex comes with special features and bonuses. For instance, traders on the Silver and Gold accounts enjoy 50% and 100% bonuses, respectively. Besides, traders on Silver and Gold accounts also enjoy the first three trades as risk-free. So, VideForex will compensate traders with a bonus if their first three trades are negative.

Is it possible to earn $1,000 per month on VideForex?

The earning possibility in the financial industry is enormous. Therefore, earning $1,000 per month on VideForex is certainly possible. However, it is crucial to be objective about trading and set feasible financial goals because no profit target is guaranteed in financial trading.

Furthermore, making consistent profits from VideForex may depend on several factors, including your skills, experience, and specific opportunities. Here are some beginners tips that can help you in becoming a better trader:

• Education. Education is the first approach to becoming a better trader. Invest significant time to learn and understand the dynamics of the market. Learn and practice different trading strategies on a demo account till you find an edge in the market.

• Start small. As a beginner, you can start trading with a small amount of capital and increase it as you gain real market experience. Trading with small capital can help in building your trading psychology and emotions at the early trading stage.

• Risk management. Manage your trading risk to avoid exposing a significant amount of your capital to the market. Practicing risk management helps in mitigating losses from bad trades.

How to choose the best way to make money on VideForex

Choosing the best way to make money on VideForex requires careful consideration and assessment of several factors. Let’s quickly consider some of these criteria.

• Skills. Your skills can determine the most convenient way to make money on the VideForex platform. For instance, you may consider trading binary options if you have a reliable trading strategy, while individuals with marketing skills may consider the affiliate program. In addition, beginner traders with little financial trading experience may opt for copy trading services on VideForex.

• Lifestyle. Individuals with busy schedules may consider the affiliate program or copy trading a viable way to make money on VideForex.

• Financial goals. Financial goals can also determine how an individual makes money on VideForex. For example, an individual may explore all the viable ways (binary trading, affiliate program, etc.) of making money on VideForex to meet a financial goal.