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- Varengold Bank FX
Varengold Bank FX
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Platform
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Min deposit
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Min lot
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Spreads
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Broker Type
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Regulated
Varengold Bank FX is a Forex Broker . It started opening it’s doors to clients in 1995 , establishing it’s offices in Germany , United Arab Emirates, United Kingdom. Varengold Bank FX (Forex Broker) offers various trading accounts: Mini Account, Standard Account and the minimum deposit for Trading in Forex (FX) is $1.
broker1} offers accounts in: USD Account, EUR Account with variable spreads. The lowest spread offered in EuroDollar is 2.5 pips.
It’s platform (MT4 Desktop/Mobile/iOS/Android, ZuluTrade, FXSTAT ) can be traded on Desktop|Mobile|iOS|Android| , it offeres a Institutional account feed. The platform is set on EST (GMT-5) and it offers a 5 digits decimal spacing on it’s forex pairs. It’s Forex (FX) accounts offer a leverage of 200 : 1 Standard Account
On it’s platforms: MT4 , ZuluTrade, FXSTAT, you can set Trailing Stoploss, OCO orders, One click trading, furthermore it offers Mobile trading, No Webtrading and 42 fx pairs (17 exotic) 37 fx pairs Institutional. Among the foreign exchange products you can also trade, Gold, Silver, Commodities, Energies.
broker1} (Forex Broker) is regulated by BaFin, is a licensed bank, and is a Bank, independent dealer.
For all those wondering on the payment and withdrawal method, here is a list of funding methods:
Payments:Bank Wire, Credit Card, Debit Card, PayPal, Skrill
Withdrawals from your FX account:Bank Wire
Varengold Bank FX - Specs
Broker
Broker Type | STP | Market maker |
Broker Country | Germany |
Regulation | BaFin, is a licensed bank |
Indipendant Broker | Bank, independent dealer |
Year in Industry | 1995 |
International Offices | United Arab Emirates, United Kingdom |
Account
Accept US Clients | No US clients |
Mini account deposit | $1 |
Standard account deposit | $1 |
Trading account currency | USD Account, EUR Account |
Leverage Account | 200 : 1 Standard Account |
Minimal size lot | 0.01 lot |
Leverage Mini account | Mini Account, Standard Account |
Payments
Funding method | Bank Wire, Credit Card, Debit Card, PayPal, Skrill |
Withdrawal method | Bank Wire |
Costs
Commissions | no |
Costs & Spreads | variable |
Costs/Lowest spreads on EURUSD | 2.5 pips |
Trading
Premium trading | Institutional account |
Scalping | yes |
Hedging | |
EAs allowed | yes |
Platform
Trading platform type | MT4 Desktop/Mobile/iOS/Android, ZuluTrade, FXSTAT |
Platform time zone | EST (GMT-5) |
Decimal pricing | 5 digits |
Trailing stops | Trailing Stoploss |
OCO orders | OCO orders |
One click | One click trading |
Mobile trading | |
Webtrading |
Products
Currency pairs | 42 fx pairs (17 exotic) 37 fx pairs Institutional |
Exotic Pairs | Exotic Forex Pairs |
Gold Silver | Gold, Silver |
CFD Trading | CFD trading |
Other instruments | Commodities, Energies |
Other
MAM PAMM LAMM | no |
Managed Accounts | No |
Swap free accounts | Yes |
Segregated client accounts |
Promotions and Offers
Bonuses (T&Cs apply) | Yes |
Contests | Yes |