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ONLINE BASED VEDEO EDITER- JayCut
Here comes the JayCut, an easy-to-use video editor that lets you to edit videos and then publish them online. This intuitive online-video editor offers a great number of tools to add some spice in your videos. Video editing is most time consuming and expensive in now a days. This link is very useful to all video editors. JayCut offers you up to 2GB of free storage space and you can save and export up to 20 videos per month. It also offers 2 video tracks along with audio and transition

for more details pleas visit jaycut
It has some Advantages.
• Clean and easy-to-use interface.
• Cut and mix movies, photos, and music.
• Remix and trim extra frames from your video which are not essential.
• Add transitions (picture in picture, dissolve).
• Add special effects (mirror, gresyscale, brightness, gamma, obscure, captions, and more).
• Preview your video in its original and edited form.
• Ability to record or upload audio.
• Add captions and subtitles.
• Export videos to your iPhone, Mac, and Windows.
• Share you mixes with others.