Videforex

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Demo availableVideforex Legality & Safety in India

Rayner Teo
Published: April 20, 2025
Videforex is not a regulated broker by any top-tier financial authority. Most established and trustworthy brokers are overseen by well-known regulators (such as the FCA, ASIC, or CySEC), but Videforex does not hold a license from any such body.
Key Findings from Reputable Sources
- Broker safety experts and review platforms consistently do not recommend Videforex due to its lack of regulatory oversight.
- Videforex claims to operate under INVOLVA CORP, registered in the Marshall Islands, but this registration was annulled in 2022. The Marshall Islands does not regulate forex brokers or issue relevant licenses.
- There are significant risks: if users are scammed or encounter problems with Videforex, there is little legal protection or recourse to recover lost funds.
- Several platforms have flagged Videforex as a potential scam and recommend against handing over funds to this broker.
- Some sources note that Videforex presents itself as legitimate and emphasizes transparency, but these claims are not backed by tangible regulatory oversight.
Aspect | Status | Details |
---|---|---|
Top-Tier Licensing | No | Not regulated by FCA, ASIC, CySEC, or any strict authority |
Marshall Islands Registration | Annulled | Registration lapsed in 2022; MI does not regulate forex brokers |
Deposit Protection | None | Clients are not covered by compensation schemes |
Industry Reputation | Low/Negative | Widely labeled as unsafe and possibly a scam |
Videforex is not a regulated or trustworthy broker. The lack of oversight by any reputable financial authority, combined with negative industry reviews and the annulled Marshall Islands registration, presents significant risks for traders. Most expert sources strongly advise against opening an account or depositing money with Videforex.