• Please try to select the correct prefix when making a new thread in this folder.

    Discuss is for general discussions of a financial company or issues related to companies.

    Info is for things like "Has anyone heard of Company X?" or "Is Company X legit or not?"

    Compare is for things like "Which of these 2 (or more) companies is best?"

    Searching is for things like "Help me pick a broker" or "What's the best VPS out there for trading?"

    Problem is for reporting an issue with a company. Please don't just scream "CompanyX is a scam!" It is much more useful to say "I can't withdraw my money from Company X" or "Company Y is not honoring their refund guarantee" in the subject line.
    Keep Problem discussions civil and lay out the facts of your case. Your goal should be to get your problem resolved or reported to the regulators, not to see how many insults you can put into the thread.

    More info coming soon.

Info Has anyone heard of VideForex?

Asking questions about a company
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.
 
Back
Top