Forex Blog

First-hand Forex trading experience and information about foreign exchange market that will be useful to traders

Archives

VarengoldBankFX — Forex Broker Division of German Bank

March 9, 2008 by

A German banking institution Varengold Wertpapierhandelsbank AG started the on-line retail Forex broker this year — VarengoldBankFX. It’s one of the few MetaTrader retail brokers maintained by the major banking institution. They support mini Forex accounts, but the minimum positions size is twice as much as usual 0.1 lot. CFD and metal trading is also available (CFD is not available to U.S. citizens). Unfortunately, like with many other institutional Forex brokers, wire transfer is the only accepted method of deposit and withdrawal.

2 Responses to “VarengoldBankFX — Forex Broker Division of German Bank”

  1. Dr. Frank

    Varengold has a new variable spread as low as 1 pip. Every order is filled however Varengold offers market order execution now so you may geta bit of slippage. The same execution they get you get. This is what I like about Varengold. It seems fair enough to me.

    Reply

  2. maruf ahmed

    Look like its a good place to trade with.

    Reply

Leave a Reply

required
required (will not be published)