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Videforex

Operating status: SCAM

Website: https://www.videforex.com/en

Broker violations and abnormal records
  • Aug 15, 2022 BrokersView has Reviewed that Videforex is an Unregulated Forex Broker

    Videforex claims to be operated by INVOLVA CORP, registered with the Marshall Islands Registry(IRI).

    However, the registration has been annulled on 27 May 2022. That means the broker is not registered with IRI. Besides, IRI does not regulate forex activities or issue forex licenses.  

    The truth is that Videforex is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

    Videforex claims to be operated by INVOLVA CORP, registered with the Marshall Islands Registry(IRI).However, the registration has been annulled on 27 May 2022. That means the broker is not registered with IRI. Besides, IRI does not regulate forex activities or issue forex licenses. The truth is that Videforex is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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