VideForex Reviews 2025 — Should You Trust the Broker? Pros and Cons

Quick 95% profits “in 60 seconds” sound like an ideal ticket to easy money, especially for those just starting to trade. This dream is precisely what many offshore Binary Options trading providers exploit: flashy banners, generous Deposit Bonuses of up to 100%, and bold promises of withdrawals “within one hour.” Yet behind the bright facade, one often finds far more down‑to‑earth realities—no license, opaque financial schemes, and numerous complaints about payment denials. VideForex is a typical example of this mix: it entices traders with novelty and an “innovative 24/7 video chat,” yet legally “dwells” in an offshore zone and is not subject to oversight by any reputable regulator.

In this article, we examine VideForex “under a microscope” to separate marketing gloss from the risks they don’t mention in their advertising. You’ll learn how its trading terms and bonus system are structured, how deposits and withdrawals actually work, what real traders are complaining about, and why independent rating agencies consistently assign this provider a high‑risk status. The review’s goal is to help you soberly assess whether trading with VideForex is potentially lucrative—or if the risk of losing your deposit is simply too high.

General Information about VideForex

VideForex is an offshore Binary Options Broker and CFD provider that began operating in 2016–2017. The company is registered under the name Involva Corp in the Marshall Islands and is connected to the Finance Group Corp (FGC) based in Vanuatu. The broker claims to have some form of licensing through FGC in Vanuatu, yet in reality, it is not regulated by any reputable financial authority. Moreover, VideForex’s registration in the Marshall Islands registry was annulled in May 2022, so legally the company is not even listed as active in that jurisdiction.

Since its inception, VideForex has acquired a controversial reputation in the market. On the one hand, it promotes itself as an innovative platform with 24/7 video chat and fast payouts. According to its own figures, VideForex has attracted about 4,000 clients worldwide since 2017 and processed around $500,000 in trader payouts. However, the lack of regulation raises serious concerns about the company’s reliability. Independent analysts have assigned VideForex low scores for trustworthiness. For example, the Traders Union portal rated this particular broker at only 4.96 out of 10, classifying it as a high‑risk broker for clients. BrokerChooser similarly notes that VideForex does not have any regulatory licenses, offers overly attractive bonuses (up to 95% profit in 60 seconds), and overall shows signs of an unreliable platform. In its review, BrokerChooser clearly states: “We do not recommend trading with this broker.”

Other sources confirm the problems with the company’s regulatory status and transparency. For instance, the BrokersView resource labeled VideForex as a “SCAM” and emphasized that the broker’s activities are not controlled by any regulator, and client funds are not protected by law. According to BrokersView, VideForex’s claims of offshore registration do not constitute a real license— the Marshall Islands does not issue Forex licenses, and the absence of regulation makes investments in this broker unsafe.

Market reputation and client feedback. On specialized forums, VideForex is often mentioned negatively. It is linked to a group of similar platforms (BinaryCent, IQCent, RaceOption), all allegedly run by the same team and suspected of fraudulent schemes. Many users complain about withdrawal problems and call VideForex a flat‑out scam. For instance, on Reddit, one victimized trader writes: “Videforex, IQCent, BinaryCent—they’re all operated by the same people. I lost thousands of dollars because of them. THEY ARE SCAMMERS! Stay away.” Such reviews are not isolated—on various feedback sites, clients describe the impossibility of returning deposits, sudden account blocks, and ignoring support after a withdrawal request.

At the same time, a few reviews mention certain positive aspects of the platform—such as a convenient mobile app or genuinely quick 24/7 video chat with support. However, these positive notes are far fewer, and their credibility is questionable given the general backdrop of negative assessments. The “Reviews and Reputation” section below offers a detailed look at actual trader opinions (both negative and positive) to help reach a conclusion about VideForex’s trustworthiness.

Key facts about VideForex:

• Founded: 2016 (active since 2017)
• Jurisdiction of registration: Marshall Islands (Involva Corp, registration annulled); linked to Finance Group Corp (Vanuatu)
• Regulation: No licenses from authorities (not regulated by FCA, CySEC, etc.)
• Services offered: Binary Options and CFD on Forex, cryptocurrencies, stocks, commodities, and indices (see “VideForex Trading Conditions” for details)
• Client base: ~4,000 clients as of 2023 data (the broker does not offer services to US, EU, and certain Asian countries due to legal restrictions)
• Reputation: Low. Independent ratings around 4.9/10 (TradersUnion), numerous negative reviews about non‑payouts and signs of fraud.

It is important to understand that the lack of regulation is a huge red flag, drastically lowering trust in the company. Below, we examine VideForex’s trading conditions, financial operations, and real trader experiences to provide a well‑rounded evaluation of the firm.

VideForex Trading Conditions

VideForex primarily targets Binary Options traders but also offers CFD trading on various assets. Let’s look at the main trading conditions: account types, deposit requirements, commission levels and spreads, the range of available instruments, and features of the trading platform.

Account Types: Bronze, Silver, Gold

VideForex offers three account types for retail traders: Bronze, Silver, and Gold. The account tier depends on the size of the initial deposit:

• Bronze: Minimum deposit from $250. This is a basic account with access to all core platform features. The Deposit Bonus on the first deposit is +20%. A demo account is provided, copy trading (Copy Trading) is available, and there is 24/7 video support. The broker advertises priority withdrawals within 1 hour. There is no per‑trade commission (see the commission section below).
• Silver: Requires a deposit starting at $1,000. In addition to all Bronze features, you get an educational master class session (webinar) and a +50% Deposit Bonus. Also, your first 3 trades may be “risk‑free”—if you lose, the broker reimburses the loss in the form of a bonus credit. The Copy Trading feature and quick withdrawals are also included. This account typically has commissions on trades (see below).
• Gold: Designed for larger clients depositing at least $3,000. It has all the benefits of Silver plus a dedicated personal manager and the maximum +100% Deposit Bonus. You also get 3 risk‑free trades and access to all services from lower tiers. Gold clients supposedly receive the highest priority on withdrawals. The trading commission on this account is minimal (or zero).

The VideForex bonus program is quite generous: depending on the deposit amount, you can receive a 20%, 50%, or 100% Deposit Bonus. However, it is vital to remember that any bonus imposes restrictions on withdrawals—you must reach a certain trading volume. According to the broker’s policy, to withdraw profit on a bonus account, you need a turnover equal to 3 times the bonus amount (similar to the rules at other group projects like IQCent). A client can decline the bonus during the deposit process to avoid these conditions.

Note that a VideForex demo account is available but only after making a real deposit. In other words, you must first open a real account and fund it before you can request a demo from customer support. This differs from the common practice of regulated brokers, many of which offer a free demo account upon registration.

Main features of VideForex accounts:

• Min. deposit: $250 (Bronze), $1,000 (Silver), $3,000 (Gold)
• Demo account: Yes, but only after depositing at least $250
• Deposit Bonus: 20% (Bronze), 50% (Silver), 100% (Gold)
• Risk‑free trades: 3 trades (for Silver and Gold; losses are reimbursed via a bonus)
• Additional services: Copy Trading (available on all accounts), personal manager (Gold only), educational webinars (Silver and Gold)
• Withdrawal timeframe: advertised as 1 hour for all account tiers (we’ll examine real execution in the finance section)

Overall, VideForex’s account lineup follows the principle “the larger the deposit, the more perks you get.” However, these perks (bonuses, risk‑free trades) come with conditions that can complicate withdrawing funds. Newcomers attracted by big bonuses should carefully understand the “fine print” behind such generosity.

Minimum Deposit and Minimum Trade Amount

As noted, the minimum deposit to start trading with VideForex is $250 (or the EUR equivalent), which is relatively high. Many competitors let you begin with $10–$100; for instance, IQ Option requires only $10, and some Forex brokers (Exness, XM, etc.) have account minimums from $1 to $100. Hence, VideForex is more oriented toward traders who are ready to put in a substantial sum upfront.

The minimum trade size on the VideForex platform varies by instrument. For Binary Options, the minimum bet is just $1, which is a plus for beginners seeking to test strategies with small amounts. For CFDs (Forex, crypto, etc.), the minimum lot is 0.01 (the price step), effectively allowing positions of mere cents (e.g., ~$0.01 per pip). In marketing materials, VideForex states you can open trades from $0.01, presumably referring to the smallest step in CFD mode. The maximum bet per trade is limited to $1,500— important for high‑risk traders who prefer large volumes.

When withdrawing funds, a minimum of $50 is also enforced. That is, unless you have at least $50 in available funds, you cannot submit a withdrawal request.

Example: A trader deposits the minimum of $250 for a Bronze account. They can open Binary Options trades from $1. If they earn, say, $40 and wish to withdraw it, they cannot due to the requirement of having at least $50 available. These nuances are important when planning trades and managing capital.

Commissions, Spreads, and Swaps

VideForex’s commission policy largely depends on the user’s account type. The basic Bronze account is promoted as commission‑free, meaning that for Binary Options on Bronze, the broker does not charge an explicit commission per trade. Instead, the broker’s profit is built into the payouts on options (not 100% but ~80–90% of the stake when you win) and into CFD spreads.

On the more advanced Silver and Gold accounts, VideForex adopts a different model: there are supposedly zero spreads for trading instruments, but a fixed commission per trading volume. According to the website and independent reviews, the commission/spread structure is as follows:

• Bronze: Spreads of about 1.4 pips; 0% commission. In other words, the broker’s income comes through a wider spread. For example, on EUR/USD, a Bronze trader might see about a 1.4‑pip spread. There are no fees on entry or exit.
• Silver: Spreads from 0.0 pips, but a ~$3 commission per lot. Thus, the Silver account follows an ECN‑style approach with tight market spreads plus a volume‑based fee.
• Gold: 0.0 pips, with a ~$2 commission per lot. For high‑volume traders, these terms are more favorable—essentially near interbank‑level spreads plus minimal fees.

This aligns with the claim that Bronze account holders pay no direct commission but see slightly wider spreads, while Silver/Gold traders have narrower (or near‑zero) spreads plus a fixed commission. VideForex explicitly mentions: “Traders with a Bronze account do not pay any commission.” The table on the website indicates ~1.4 pips for Bronze, and 0.0 pips for Silver/Gold with $3/$2 commission. Essentially, VideForex gives traders a choice between an account with no commission but a markup in the spread and an account with commissions but raw market spreads. This is similar to how many Forex brokers structure their Standard vs. ECN accounts.

Swaps (overnight fees) are also charged by VideForex, although the official website does not detail them. Since VideForex offers CFDs on currencies, stocks, etc., overnight positions likely incur swaps (positive or negative), depending on the interest rate differential between the base and quote currencies. Reviews indicate little transparency on swaps, which is itself a concern—brokers who disclose all fees openly are generally more trustworthy. BrokerChooser highlighted that they could not find detailed pricing info for VideForex, a worrying sign.

Additional fees: The broker does not charge for opening an account or depositing/withdrawing (beyond potential payment system charges). However, note the inactivity fee: if you make no trades for a month, VideForex charges $10 for inactivity. This is applied monthly after 90 days with no trading activity (a fairly standard broker practice).

Summary of VideForex’s trading costs:

• Spreads: from 0.0 pips (Silver/Gold) up to ~1.4 pips (Bronze). For instance, EUR/USD might be ~1.4 pips on Bronze and ~0.3–0.8 pips on Silver/Gold.
• Commission per volume: $0 on Bronze; ~$3/lot on Silver; ~$2/lot on Gold.
• Swaps: not publicly detailed; presumably standard overnight rollover for CFD positions.
• Withdrawal fees: VideForex claims no in‑house fees for withdrawals, though bank cards may incur a 5% fee (apparently the payment provider’s fee). Deposits via cryptocurrency are 0% fee.
• Inactivity fee: $10/month after a prolonged period of no trading.
• Other charges: Minimum $50 for withdrawals; possible hidden conversion fees if your account currency differs from the withdrawal currency.

On the whole, VideForex’s commission structure is neither especially transparent nor obviously favorable. The Bronze plan is simpler for small traders (no commission, deposit $250, a demo after deposit), but spreads are above market rates. Larger traders can get better spreads on Silver/Gold if they are prepared to deposit more heavily—but there’s also a commission. Moreover, the broker’s lack of clarity on swaps and other cost items reduces trust. By contrast, most regulated Forex brokers openly post their swap points, commission tables, etc., something VideForex does not.

Available Trading Instruments

VideForex offers a fairly broad lineup of trading instruments, aiming to attract clients with a selection comparable to that of other offshore providers. The following asset classes are available:

• Currencies (Forex): Major and minor currency pairs (EUR/USD, GBP/USD, USD/JPY, etc.) as well as exotics. Typically 35–40 currency pairs in total.
• Cryptocurrencies: Bitcoin and altcoins (Ethereum, Litecoin, Ripple, Dash, and others). Reportedly, up to ~20 crypto‑based CFDs and options are offered, including popular BTC/USD, ETH/USD, etc.
• Stocks: CFDs on shares of major companies (Apple, Google, Tesla, Amazon, etc.). The exact number of stocks is not specified, but these offshore brokers generally list 50–100 of the most liquid US and European equities.
• Indices: Global stock indices (S&P 500, Nasdaq, Dow Jones, DAX, FTSE, Nikkei, etc.) traded via both options and CFDs.
• Commodities: Gold, oil, silver, and other commodity futures (e.g., WTI/Brent crude, natural gas, copper, coffee, etc.).
• ETF and other instruments: Possibly a few CFDs on ETFs or bonds, but the primary focus is on the classes listed above.

In total, over 100 trading assets are said to be on offer, covering key global markets. These can be traded in two ways:

1. Binary Options: The trader picks an asset, predicts whether its price will go up or down by a set expiry time. Payouts can reach up to 98% of the stake if the prediction is correct. Expiries can be extremely short (from 30 seconds, 1 minute) up to a day or more. Turbo options, short‑term (5s, 15s, 30s on OTC assets over weekends), as well as classic Binary Options with 15‑min, 30‑min, 1‑hour, etc. expiries are available.
2. CFD (Contracts for Difference): This is classic leveraged trading. You open a position to buy or sell a chosen asset and earn or lose on price differences. VideForex provides leverage up to 1:500 on Forex and indices, up to 1:100 on stocks, and up to 1:10 on crypto. Therefore, CFDs allow margin trading, stop/limit orders, and indefinite position holding (subject to swap fees).

Importantly, VideForex positions itself as both a Binary Options Trading Provider and a CFD broker, meaning it brings together two distinct trading approaches. Binary Options are more akin to gambling (fixed risk and fixed outcome), while CFD is standard leveraged trading with variable profit/loss. The VideForex platform supports both modes. Beginners must understand the difference between them and the associated risks.

According to reviews, the maximum payout on VideForex Binary Options can reach about 95–98% of the stake, which is competitive with industry leaders. For instance, IQ Option offers up to ~95% on popular assets; Pocket Option up to 92%. VideForex advertises nearly 98% on certain trades, which is indeed enticing. In practice, such high returns typically apply to short‑term options on volatile assets (with correspondingly high risk).

Regarding the trading conditions per instrument: we discussed spreads and commissions above. The 1:500 leverage is extremely high, typical of unregulated brokers (regulated ones typically limit leverage to 1:30–1:100 for retail). High leverage can produce large profits on small price moves but multiplies the risk of losses— potentially wiping out your deposit if you guess wrong. VideForex does not mention negative balance protection in its terms, so using 1:500 leverage should be approached with great caution.

Overall, VideForex’s range of assets is comparable to that of other offshore players. The broker provides 24/7 access (thanks to cryptocurrencies and OTC weekend assets), letting users trade even on weekends. This is possible because on weekends they offer Over‑The‑Counter (OTC) quotes for certain assets (for instance, crypto trades nonstop, and for others, VideForex provides OTC quotes with fixed expiry intervals).

VideForex Trading Platform

One notable aspect is VideForex’s proprietary web‑based platform, developed specifically for Binary Options and CFD trading. VideForex does not use MetaTrader 4/5 or other third‑party terminals, instead offering its own software via a web interface and mobile apps.

Main characteristics of the VideForex platform:

• Accessibility: The platform runs right in your browser (WebTrader), and there are mobile versions for Android and iPhone. No need to install desktop software—just log in on the website. The mobile app lets you trade on the go.
• Interface: According to user feedback, the interface is fairly straightforward for those familiar with Binary Options. There is a toggle between options mode and CFD mode. In the options mode, you see a chart with an expiry time selector and Call/Put buttons. In CFD mode, you get a more standard chart that allows specifying volume, stop‑loss, take‑profit, etc.
• Analytical tools: In 2023, the platform received a technical analysis update with additional indicators and timeframes. Various timeframes are available (including ultra‑short 5s, 15s, 30s for OTC) and basic charting tools. Charting is partly powered by TradingView, letting you draw lines, trend channels, etc.
• Extra features: The platform supports copy trading (a section where you can view the top‑10 successful VideForex traders and replicate their trades in one click). There is an integrated economic calendar and news feed, helpful for tracking key events. VideForex also runs weekly trading contests— the interface displays a leaderboard and prize pool (up to $20k weekly).
• Unique highlight: 24/7 video chat built directly into the platform. VideForex advertises that traders can instantly speak via video with support, without leaving the trading screen. This is indeed unusual and could help quickly solve questions or issues.

Compared to classic platforms, VideForex’s interface is more “gamified” for Binary Options. It focuses on fast trade execution and includes preset staking buttons ($5, $10, or “all‑in”), potentially encouraging impulsive trades. The absence of MetaTrader might deter experienced Forex traders used to advanced functionality. Some users mention occasional lag or freezing, especially when many indicators are applied. However, the developers claim frequent optimizations—for example, a 2023 improvement to the performance of analytical widgets.

Platform security: VideForex states it uses 256‑bit SSL encryption and 3D Secure for payments, plus stores funds in European bank accounts. These are standard measures providing a basic level of data and transaction protection. Nonetheless, due to the lack of regulation, there is no guarantee of fund safety— no segregated client accounts or broker bankruptcy insurance is in place.

Trading experience: Getting started on the platform is quite simple— after registration and deposit, the interface is straightforward. Is the platform available in Russian? Yes, VideForex offers a multi‑language interface, including Russian. The platform itself supports Russian, which benefits traders in CIS countries.

In summary, VideForex’s proprietary platform is a straightforward, universal solution for both Binary Options and CFD, but it falls short of professional terminals in features. Its pros include availability on any device, integrated support and copy trading, plus updates with new tools. Its cons include occasional lags, no option to trade via a standard MT4/5 terminal, and limited advanced settings for experienced users. If you are accustomed to MetaTrader, you’ll need to adapt to a different interface (some mention the lack of MT4/5 as a significant drawback, though others find VideForex’s platform convenient enough).

Financial Operations: Deposits and Withdrawals

A broker’s reliability is closely tied to how easily you can deposit funds and withdraw your earnings. Let’s explore which payment methods VideForex supports, how quickly they claim to process withdrawals, and what clients say about the realities of getting their money.

Deposit Methods

VideForex aims to be modern and accordingly accepts a wide variety of ways to fund an account:

• Bank cards: Visa, MasterCard (debit and credit). This is a main deposit method. Note: depositing via card entails a 5% fee, which VideForex says is charged by the acquiring bank, not the broker itself.
• Bank wire transfer: Classic SWIFT/SEPA transfer to the company’s account. Usually used for larger amounts. May take several days to complete.
• E‑wallets: Skrill, Neteller, Perfect Money, Qiwi, etc. Offering popular e‑wallets speeds up deposits (usually instant).
• Cryptocurrency: Bitcoin, Ethereum, Litecoin, and other altcoins (e.g., Ripple, Tether). VideForex is one of the brokers accepting crypto directly for deposits. This is convenient for those without traditional payment options or seeking transactional anonymity.
• Other methods: Possibly supports services like Advcash, Payeer, etc., but the main list is above.

Funds are typically credited instantly for cards, e‑wallets, and crypto. Bank transfers may take 1–3 business days. The minimum deposit is $250 and the maximum deposit per transaction is $50,000.

Depositing on weekends or holidays can cause delays (likely due to manual processing outside of business hours).

Notably, no broker fees apply for crypto deposits (0%), whereas card deposits incur the 5% surcharge. This may encourage experienced users to deposit in BTC, USDT, or another cryptocurrency to save on fees.

Withdrawal Process

VideForex prominently advertises “guaranteed withdrawals in 1 hour” to its clients. This phrase is found throughout their marketing, as quick payouts are one of the platform’s chief selling points. But how does it stand up in reality?

Official policy: In the VideForex FAQ, it states that all withdrawal requests are processed within 1 hour. Yet there’s a disclaimer that if verification is required or documents are missing, processing may take longer. In other words, the 1‑hour target is an ideal scenario after the broker has all necessary documents.

Withdrawal methods typically match your deposit method. The broker follows the rule: “All funds return via the same method used to fund the account.” This is standard to prevent money laundering. If you deposited by card, that card must be used for withdrawals (up to the initial deposit amount). Any profit beyond that might be transferred to a bank account or another method if the card doesn’t accept more than the deposit.

Verification: For any withdrawal, you must complete KYC (Know Your Customer). The client needs to submit ID documents (passport or national ID), proof of address, and if using a card, a photo of it (with the middle digits masked). Without verification, you cannot withdraw at all, even though you might start trading without it. Large withdrawals (over $1,800) are especially scrutinized— the company won’t pay out until it confirms your identity and age.

Minimum withdrawal: $50, as mentioned. The system will not accept requests below that amount.

Withdrawal fees: VideForex claims it does not charge any in‑house withdrawal fee. However, clients may still incur fees from the payment providers:

• When withdrawing to a card, some banks levy a percentage fee for incoming transfers or currency exchange.
• For cryptocurrency withdrawals, you pay the network fee (miner fee).
• E‑wallet withdrawals typically have zero or minimal fees.

Additionally, if the account is in one currency and you withdraw in another, you may lose some funds on conversion rates.

Declared processing times: For cards, e‑wallets, and crypto— ideally within 1 hour (once approved). However, the actual arrival in a bank account can take 3–5 business days, as that depends on the issuing bank. E‑payments often appear the same day. Bank wire might take 1–3 days. A table on the site shows that Visa/MasterCard, Wire, Bitcoin, Altcoins, Ethereum have “instant” processing and “up to 1 hour” arrival. This is highly optimistic. Unfortunately, user reviews often tell a different story (see below).

Complaints and Reports of Non‑Payouts

This is arguably VideForex’s biggest problem area. Despite its flashy promises of “1‑hour” withdrawals, many clients have encountered serious delays or no payouts at all. Common grievances include:

• Withdrawal delays. Numerous users report requests sitting unprocessed for days or weeks, or indefinite pending status. Support either responds with generic excuses or stops communicating. One reviewer writes: “The worst platform and service I’ve ever dealt with. I’ve been trying to withdraw MY OWN money for [several days]—no luck!” Such accounts indicate that “1 hour” can turn into prolonged waits or total silence.
• Withdrawal cancellations and extra deposit demands. Some clients claim that after a withdrawal request, a “manager” contacts them, insisting they must deposit more funds first to “confirm identity” or “activate the transfer”—which naturally sounds like a scam. Even after depositing more, they still never receive their money.
• Account bans. In some cases, right after requesting a large withdrawal, the user’s account is blocked on grounds of “violating conditions” or “suspicious activity,” and the deposit is effectively confiscated by the broker.
• Bonus traps. As noted earlier, bonuses require a certain trading turnover. Some traders, unaware of these terms, accepted a bonus and then tried to withdraw, only to be refused for insufficient turnover. As a result, funds get “stuck.” Importantly, the broker’s rules often let them deny withdrawal of not just the bonus amount but also your original deposit until you meet turnover requirements.
• Unexpected fees. Some users complain that VideForex suddenly charges unspecified commissions or penalties upon withdrawal. For instance, a 20% penalty for withdrawing before reaching a certain trading volume. These details aren’t clearly spelled out, but appear to happen to certain clients, based on reviews.

For illustration, here are a few real user comments:

• Negative review (Trustpilot/Reviews.io): “They lure you in to deposit with every trick and lie possible. This is not a real company, they have no real address— the FCA warned me it’s a scam. I tried…” The reviewer also mentions a warning from the UK’s FCA that VideForex is an unregulated, fraudulent entity.
• Reddit user’s account: “Videforex is a scam!!! I deposited $500… made another $500. I got a bunch of runaround. When I tried… [details of the issue]” — the user says they managed a small withdrawal, but once they tried to pull out bigger profits, it became a nightmare.
• Positive (rare) review: “Videforex impressed me with quick withdrawals—instant access to funds after a trade, that’s a huge plus. I can easily track my portfolio…” Such reviews exist, but they are few and overshadowed by the large volume of negative claims.

Sites like Scamadviser back up the negative picture. Over 221 consumer reviews produce an average rating of just 2.8/5 on Videforex.com, with the majority of feedback being negative. Scamadviser explicitly states: “Trust score is very low… We found mostly negative reviews about this site.”

Conclusion: Despite its official bold promises, VideForex’s actual reliability in financial operations is seriously in doubt. Many traders face difficulty or outright failure in withdrawing their money. This is typical of offshore brokers lacking any real oversight— they can arbitrarily withhold or refuse payouts.

If you still decide to work with VideForex, it is strongly recommended that you:

1. Avoid depositing large sums you are not prepared to lose.
2. Do not accept bonuses so you can withdraw your own funds without artificial barriers.
3. Complete verification as soon as you register, to reduce future delays.
4. At the first sign of withdrawal trouble, persistently contact support, remind them of their obligations, and consider referencing complaints or potential legal steps (though no regulator is involved, sometimes fear of reputational damage can motivate a payout).
5. Use payment methods that allow chargebacks— for example, Visa/MasterCard credit cards. If the broker refuses to pay, you can request a chargeback from your bank by submitting chat logs and an FCA warning, as some victims have successfully done.

It’s largely because of these withdrawal issues that Videforex’s reputation suffers. Next, we’ll look at overall user feedback about the broker— much of which echoes what we have covered here.

Reviews and Reputation: What Traders Say

Real user feedback is a vital source of information about any broker. In VideForex’s case, opinions are highly polarized— occasional positive posts (possibly by affiliates) and a wave of negative reviews accusing it of scamming. Below, we analyze reviews from independent sites, provide examples, and attempt to objectively assess VideForex’s reliability based on user testimonies.

Analysis of Reviews on Independent Platforms

Let’s check major review platforms and ratings:

• Traders Union: as mentioned, the TU experts’ rating is 4.96/10, classed as above‑average risk. On the TU site, user reviews similarly complain about withdrawal difficulties and VideForex’s aggressive marketing, though there are also some neutral comments. Traders Union concludes VideForex is suitable only for speculative trading with small amounts and carries significant risks.
• Trustpilot: VideForex does not have an official page on Trustpilot, but related brands like IQCent/BinaryCent do, and they hold low average scores (about 2 stars). Reviews referencing VideForex appear in broader contexts, typically negative (“scam, cannot withdraw,” etc.).
• Sitejabber: shows a 3.4/5 rating for Videforex based on 31 reviews. It notes that “most customers who are generally satisfied mention real‑time features…” However, Sitejabber has been known to host promotional reviews. Some details: “Positive reviewers often reference real‑time…” possibly meaning they liked the real‑time quotes and analytics.
• Reviews.io / Reviews.co.uk: Over 250 reviews appear here, with a low average score (many 1‑star posts). The page is cluttered with “recovery service” spam comments (common where many defrauded users look for help). On Reviews.io, VideForex has about 1–2 stars in most ratings. Typical example: “After being scammed here, I contacted [some recovery service], and they got my money back…”— indicating the user claims VideForex took their funds, and only an external refund firm helped recover them.
• ForexPeaceArmy (FPA): Videforex is not listed there (perhaps because it’s relatively new), but affiliated brands (BinaryCent, for instance) have extremely poor “SCAM” ratings. Their user feedback is also very negative.
• Review sites (ScamBroker, ScamCheck24): These specialized portals tracking broker scams also warn of high risks. On Scamcheck24, a reviewer says: “Some people claim they’re satisfied with Videforex, but I was completely disappointed…” The author describes a negative experience, adding that positive reviews don’t offset the overall red flags. The consensus from Scamcheck24 and some blog critics is that Videforex is effectively a scammy offshore operation masked as a legitimate service.

Overall impression from reviews:
Negative feedback substantially outweighs any positive. The criticism focuses on crucial issues: non‑payment, deceptive practices, and the lack of regulation. The occasional positive reviews typically highlight functionality (e.g., user‑friendly platform, decent demo, or quick support). For instance, we see feedback such as: “I like the mobile app and 24/7 chat,” but these are overshadowed by complaints about missing withdrawals.

Examples of Positive and Negative User Feedback

To provide balance, here are some direct quotes (translated into English):

Positive:

• “I can say that I was comprehensively satisfied with Videforex. Perhaps the most impressive aspect is they have real‑time price feeds… I can deposit and withdraw easily through the app.”
• “What stands out for me is how user‑friendly the trading platform is… The 24/7 live video chat support is a real asset… I had an issue and within seconds was connected to support who quickly resolved it.”

These comments highlight certain strengths: real‑time quotes, user‑friendly deposits/withdrawals (according to the reviewers), and solid support. Even so, some authors note downsides, such as no MT4/5 support.

Negative:

• “DO NOT USE THIS PLATFORM! This is by far the worst platform and customer service I have ever come across. I have been trying to withdraw my OWN money since…”
• “Videforex, IQCent, BinaryCent are all managed by the same people. I lost thousands of dollars to these people. THEY ARE SCAMS! Stay away from them.”

Such reviews reflect the primary pain point— not being able to withdraw funds and feeling deceived. The second comment is especially telling, underscoring that Videforex likely shares the same operation behind IQCent, BinaryCent, etc., referencing identical questionable practices.

Final Reliability Assessment

Based on all the data and user reviews, Videforex’s overall reliability appears extremely low. Objectively, one might rate it around 2 out of 5 or 3 out of 10 in terms of trust. Key drawbacks include:

• Lack of regulation— client funds are unprotected, with no external oversight.
• Short time in operation— about 5–6 years on the market, with numerous negative cases in that span.
• Widespread complaints of non‑payout— the clearest sign of a potentially dishonest scheme.
• Aggressive bonus marketing— typical of providers focusing on upfront deposits instead of long‑term client success.
• Connections to other dubious projects— for instance, BinaryCent, RaceOption, and so forth, all recognized for negative practices.

The company does have its positives: a convenient proprietary platform, a variety of instruments, features like 24/7 video support, and tournaments. Yet these benefits lose their value if the broker doesn’t actually release your winnings. Thus, experienced traders concerned about capital safety avoid Videforex.

Our recommendation on reliability: VideForex is an unreliable Digital Options Investment Company with signs of a scam. Using it involves a high risk of not recovering your funds. In the following section, we’ll compare Videforex to a few well‑known alternatives to illustrate how it differs and why most traders opt for other choices.

Igor Lementov - Financial Expert and Analyst at Trading-Today.net