VarengoldBankFX

Unrated
Disabled
Out of business
US Traders
  • Free education
  • Trading by telephone
  • Segregated accounts
  • Islamic accounts available
  • Requires sending documents via postal mail
  • Company Varengold Wertpapierhandelsbank AG
  • Founded in 1995
  • Online since 2008
  • Offices in
    • China
    • Germany
    • United Arab Emirates
  • Payment options
    • Credit/debit cards
    • PayPal
    • Wire transfer
  • Demo platforms
    • MetaTrader 4
  • Account currencies
    • Euro
    • United States dollar
  • Currency pairs
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  • Regulated by
    • BaFin, 109 520
  • Website available in
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  • Support available in
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  • Support methods
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  • Trading server time zone GMT
  • Hedging
  • Overnight interest rates (swaps)
  • Browser-based platform
  • Automated trading
  • Minimum account size $2,500
  • Maximum account size $25,000
  • Minimum position size 0.1 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 4
  • Minimum spread on EUR/USD, pips 2
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:200
    • Gold & silver1:100
    • CFD1:100
    • Stocks1:20
    • Futures1:100
    • Indexes1:100
  • Trading platforms
    • MetaTrader 4
    • ZuluTrade
    • FXSTAT
  • Digits after dot 5
  • Number of currency pairs (of which exotic) 37 (11)
  • History
    Show history Hide history
  • Hedging
  • Overnight interest rates (swaps)
  • Browser-based platform
  • Automated trading
  • Minimum account size $25,000
  • Minimum position size 0.1 lot
  • Spread type Variable
  • Typical spread on EUR/USD, pips 2
  • Minimum spread on EUR/USD, pips 1
  • Expert advisors Allowed
  • Trading instruments
    • Forex1:200
    • Gold & silver1:100
    • CFD1:100
    • Stocks1:20
    • Futures1:100
    • Indexes1:100
  • Trading platforms
    • MetaTrader 4
    • ZuluTrade
    • FXSTAT
  • Digits after dot 5
  • Number of currency pairs (of which exotic) 37 (11)
  • History
    Show history Hide history

Reviews

3 reviews of VarengoldBankFX are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

, NIGERIA.

i have been demoing with these guys for about a year now, their customer relations is prompt and i feel it is about time i put in the real thing. wish me luck as i plunge into this trading career. Kudos to earnforex.

, Oman.

will i think it is one of the best brokers i trade only EURUSD with 1 pip spread and varise from 2 and more for other currency. they got good platform and fast excution and good customer servies

, Germany.

I like their execution. It's fast and reliable. I traded different EAs and test my own strategies. Never had problems. They have 2 pips EURUSD and min. trading size 0.1 lot. I feel my money is save because it's a bank.

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Forex trading bears intrinsic risks of loss. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose! Trading with leverage can wipe your account even faster.

CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors.