Has anyone heard of VideForex?

Pharaoh

Colonel
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20,046
I am trying to find out if VideForex is legit and is it regulated.

Thanks

Any regulated company will brag about regulation on their homepage. All I see on VideForex.com is a company registration in the Marshal Islands.

It already has an FPA review page:

https://www.forexpeacearmy.com/forex-reviews/15180/videforex-binary-brokers

Which shows it has at least one regulator warning against it. It's also a binary options broker.

The best possible binary options broker is like betting on red or black at a casino with 8 green slots instead of the usual 1 or 2. No matter how lucky you are, if you play long enough, you'll lose. Worse, the bulk of binary options brokers are far less honest than a casino.

If you value your money, don't put it with a binary broker, especially an unregulated one.
 
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