RU Videforex Review — This is a Scam Broker

Videforex review showing that it is a scam broker. Let’s pay attention to the details of login, demo account, bonus promo code, copy trading.

RU This is the sixth scam broker of the same company. RU I had to write a review about each of them so that you have a better chance of learning about them.

Videforex is another scam broker from Finance Group Corp. This company has created many of the same trading platforms. They also own BinaryCent, BinaryMate, Finrally, Iqcent and Raceoption. We may not have found all of them yet, but they are easy to recognize.

Compare Videforex and BinaryMate, they are completely the same, only the name of the broker and the phone number are different. Sometimes they change the site template quite a bit.

Demo account, bonus promo code and copy trading

We hope everyone understands that creating six (or even more) of the same brokers is already a sign of scam.

Videforex also only provides a demo account after you make a minimum deposit of $ 250. This is a fairly large amount and some brokers do not specifically provide a free demo account. In this case, they set a goal in any way to get at least $ 250 from you. In addition, they charge a deposit fee from the card. Perhaps you will be among the lucky ones and they will allow you to withdraw funds later, but these are very rare cases. Most likely, when you make a withdrawal request, you will be ignored.

VideForex offers a bonus immediately upon entering their website. Also, a bonus promo code will be sent to you by mail. This generosity on their part is easily explained because their bonus is generally useless.

You will understand this when you read the rules for using the bonus (promo code). It is only needed to make you lose your deposit faster.

For the same purpose, they have the function of copying deals. You will see a list of successful traders and most likely want to copy their trades. But most likely you will copy the deals of fake traders who have been «drawn» with good statistics.

The broker is not regulated. The icons «Regulated» and «Withdrawal after 1 hour» on the main page of the site are certainly fake. Finance Group Corp removed information about broker ownership. Involva Corp is listed on the website and in the user agreement as well as on the BinaryMate website. It is impossible to check its existence.

It is not required for the Videforex broker to do a detailed review of the trading platform. There is only one more question left to answer.

Why is VideForex in some of the Best Binary Options Brokers in the US?

The answer to this question is simple. Previously, VideForex, like other brokers of this company BinaryMate, BinaryCent, Finrally, Raceoption and Iqcent, provided their services in the US (at the moment they are no longer). Website owners get good money for such advertising through an affiliate program. Perhaps they themselves do not even suspect that the broker is a fraud. Therefore, Vide Forex (like Binarycent, RaceOption) can be found in the ratings of the best binary options brokers in the US and beyond.

P.S. Binbotpro and Optionrobot are also not trustworthy.

Now Vide Forex is most popular in Trinidad and Tobago, Panama and Nigeria.

You can also read reviews of BinaryMate, BinaryCent, Finrally, Raceoption and Iqcent brokers. There is a lot of evidence of scam in them that is not in the Videforex review.

Conclusion of the review

In conclusion of the Videforex review, future traders should be warned against trading with him. The very fact that there are 6 or more identical trading platforms is evidence of fraud. In addition, there are many signs to support this. Some website owners are promoting the broker for money, which is why they are famous. Perhaps when VideForex first appeared, traders could even withdraw money. And now you can find a lot of reviews about the opposite.

It is better to choose a reliable broker for trading.

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