Varengold Bank Review: Pros, Cons, And How It Compares | Updated for 2025
This Varengold Bank review has been updated for 2025 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about Varengold Bank to give you the most comprehensive guide available.
Varengold Bank is a world class broker that was founded in 2008. They have around 218 employees that help the company offer Financial Markets Access, to 10,000+ clients through Desktop,Android,iPhone,Mac.
Varengold Bank Guide – Read our In-Depth Varengold Bank Review
Varengold Bank Rating: 2.78 / 10
This Varengold Bank review page contains information about investing with Varengold Bank. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
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Please note that due to regulations, the content in this review of Varengold Bank does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This Varengold Bank review contains the most recent info about Varengold Bank.
If you are new to the realm of online trading and brokerages, so many nuances will no doubt be perplexing for you. Getting into the world of trading online requires expert analytical skills and thorough knowledge. You will get adept at all the concepts of online trading and brokerages while you continue trading. For starters, you need to choose the right online trading platform who'll consistently be transparent with you.
Within the fast-paced world of financial markets and online trading, you'll need advice to make correct decisions. A professionally lead investment online broker could assist you in minimising any potential losses and maximising any returns. Varengold Bank is just one such stage which can help you. It's important to understand all you can about any broker until you trust them with your money.
When engaging in online trading with platforms such as Varengold Bank, it's crucial to thoroughly evaluate Varengold Bank as your broker, as this choice can greatly influence your success. Selecting the right broker is vital for your Varengold Bank investments to flourish. However, be cautious of counterfeit and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be vigilant and comprehensive in your Varengold Bank broker selection to protect your hard-earned money. Performing your due diligence and researching the trustworthiness of Varengold Bank, its track record, and reputation is vital. Moreover, ensure the Varengold Bank broker's offerings, trading tools, fees, and regulation align with your objectives.
Remember, Varengold Bank should be a trusted partner on your trading journey.
Our team has devoted their efforts to simplify the intricate world of trading with Varengold Bank into easily understandable information in this Varengold Bank review. Our goal is to equip you with the knowledge necessary to confidently use Varengold Bank trading tools, ranging from depositing and withdrawing funds to executing trades.
We recognize that well-informed decisions with Varengold Bank are the cornerstone of successful trading. As such, we've provided this detailed Varengold Bank review. So, settle in, grab a cup of coffee, and immerse yourself in learning about Varengold Bank and how it can work to your advantage, or if Varengold Bank might not be the right fit for you.
Varengold Bank Review for 2025 – Quick Summary
Varengold Bank Telephone: | |
Varengold Bank Support Email: | |
Varengold Bank Address: | |
Year Founded: | 2008 |
Regulated By: | Unregulated |
Hedquarters: | Germany |
Minimum Deposit: | $250 |
Number Of Clients: | 10,000+ Varengold Bank users and traders |
Varengold Bank LinkedIn: | |
Varengold Bank Facebook: | |
Varengold Bank Facebook Likes: | 0 |
Varengold Bank Twitter: | @ |
Varengold Bank Twitter Followers: | 0 |
Varengold Bank Instagram: | |
Varengold Bank Instagram Followers: | 0 |
Varengold Bank Youtube: | |
Your capital is at risk |
Our full Varengold Bank review for beginners covers all you will need to learn about trading with Varengold Bank. A fantastic broker can take your first investments and help to protect it from losses but also provide you a platform that can help to give you positive profits. If you want to earn profits, you must trade with a broker service that aligns with your investment goals.
Of course, there is no sure-fire method to guarantee profits; therefore, you should carefully analyze your broker before you choose them. It's a common misconception that all agents will be exactly the same, but that is not correct. Wrong judgment, initially, can put your investments in danger.
Varengold Bank is a trading partner which has forged its way successfully into the brokerage world. In this review, we've attempted to collate a number of the important aspects of Varengold Bank. This guide can help you to learn whether Varengold Bank is a great match for your investments or not. We have attempted to breakdown all the qualities and fees for your advantage.
Who are Varengold Bank?
Varengold Bank is a forex broker headquartered in Germany and provides a range of tools for trading. Since its inception in 2008 they have emerged as a top-tier player in the industry of online trading. Varengold Bank has a highly competitive and full-featured trading website that's focused on forex, indices, metals, stocks and commodities.
Over the past 17 years, Varengold Bank has become one of the leading online brokers available to the public.
After being founded in 2008, their consumer base has increased to 10,000+ clients.
Varengold Bank is the favourite for many traders . Our Varengold Bank account review discovered that they're a superb choice for online trading options. They are most appropriate for investors that are searching for a variety of assets. Social and easy to use trading solutions are the core at Varengold Bank.
Technology plays a substantial role in Varengold Bank. They offers trading on Desktop,Android,iPhone,Mac. Varengold Bank is honest, transparent, and a well-regulated agent by the Unregulated. Their outstanding array of tools will be beneficial for most traders. Third-party partnerships also supply in-house analysis.
The educational department at Varengold Bank is very enlightening for new dealers as it allows them to get a closer look in the financial markets. Varengold Bank caters to all sorts of traders and are a must-have broker for any well-diversified approach to online trading.
Benefits of using Varengold Bank in 2025
Trading with Varengold Bank includes numerous benefits. These advantages are what sets Varengold Bank apart from all other online brokers. You should check all the benefits listed so you have a better comprehension of Varengold Bank.
The broker goes to great lengths to comprehend what dealers want. Consequently, the service, fast, and convenient. The broker also gives a variety of programs for all kinds of traders. Varengold Bank ensures that the individual needs of all traders are met to the best of their ability.
Varengold Bank also features excellent trading conditions which are available to all and not only an elite group of institutional clients. The tight spreads and quick executions are a fantastic benefit for all traders. The technology embraced by Varengold Bank is of the maximum caliber, making sure that it's fast, dependable, and effective.
Varengold Bank acknowledges the significance of owning a quick order execution. A quick execution enables users to trade without worrying about slippage safely. It will also aid the traders to grab any opportunities.
Copy trading is another major facet of Varengold Bank. A new trader can learn from industry experts using the automated copy trading alternative. This allows you to see well performing traders and instantly copy their trades and benefit from their expertise
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, Varengold Bank offers social trading which encompasses leading traders sharing their knowledge with the community. Varengold Bank's social trading platform allows traders to share their expertise with others to build a community of investors and traders. What stocks they are monitoring, what to buy, what to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. It is a more independent version of copy trading
Varengold Bank has over 248 trading instruments to support all types of traders. These tools are lively and convenient for both the new and seasoned traders. All traders can put aside all their worries when trading using Varengold Bank.
Varengold Bank Overview
Year Founded: 2008
Regulated By: Unregulated
Hedquarters: Germany
Minimum Deposit: $250
Number Of Clients: 10,000+
Your capital is at risk
If you feel that Varengold Bank is not right for you then at the bottom of this Varengold Bank review you will find a lot of alternatives to Varengold Bank.
Everything you should know about trading with Varengold Bank
Varengold Bank is a dynamic platform that provides various procedures of trading online. These instruments cover the financial markets substantially. The Majority of the broker platforms offer less methods than Varengold Bank
If you want to exchange with Varengold Bank, you'll need a minimum deposit of $250. This deposit is required if you wish to begin trading with Varengold Bank. This 2025 Varengold Bank review will guide you safely about trading with them.
Varengold Bank is as flexible as any other broker platform. Varengold Bank is ideal for traders that want a manageable assortment of cheap services. The programs supplied by Varengold Bank are third party, white-label offerings. All traders can select out of Desktop,Android,iPhone,Mac
Along with everything, Varengold Bank has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time on which a trade has to be kept open. The agents provide premium client service that rewards customers with benefits.
Many unethical brokers try to pressurise consumers into larger financing for superior services. Varengold Bank, on the other hand, is more focused on trading volume. Dealers can expect trading conditions to be just, honest and transparent. The more lots traded by the consumer, the more advantages will come along.
Varengold Bank accounts are available globally and provides excellent service wherever they have clients. There are a few countries where Varengold Bank accounts are not available. Traders in the following countries cannot open or use a Varengold Bank account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is Varengold Bank Safe To Trade With In 2025?
Launched in 2008, Varengold Bank has been open for 17 years, they have a head office in Germany
Varengold Bank is regulated by Unregulated. These bodies have rules that ensure that trading platforms have steps in place to maintain investor's resources procured. This means that Varengold Bank users do not need to be worried about their money as it is segregated and safely stored in banks that are established. SSL encryption secures every user's personal information also.
You can make use of a choice for Two Factor Authentications (2FA) with Varengold Bank for increased safety. An SMS for the confirmation code will be sent to a mobile phone. You will be asked to input this code to log in to your accounts.
Another concern with online brokers with regards to safety might be manipulation of trading. This is highly disadvantageous for users on these platforms. However, this is much more prevalent in the case of Market Maker agents who compete with users on the stage.
Varengold Bank Risk Disclaimer
Your capital is at risk
Pro's & Con's Of Trading With Varengold Bank
Every online trading platform will have a few pros and cons Varengold Bank review would be complete without showing both sides. This Varengold Bank review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
Varengold Bank Pro's
Varengold Bank has been trading for 17 years.
Varengold Bank offers customer support over the phone.
Varengold Bank provides customer support over email.
Varengold Bank gives access to customer support over livechat.
Varengold Bank offers guaranteed stop loss.
Varengold Bank doesn't charge inactivity fees.
Varengold Bank has a wide range of trading instruments.
Varengold Bank has over 100 employees.
Varengold Bank offers social trading.
Varengold Bank offers copy trading.
Varengold Bank allows scalping.
Varengold Bank allows hedging.
Varengold Bank Con's
Varengold Bank is not highly rated by us. Varengold Bank is not regulated. Varengold Bank hasn't won any awards. Varengold Bank doesn't offer negative balance protection. Varengold Bank has a high minimum deposit requirement. Varengold Bank charges withdrawal fees. You can't trade Cryptocurrencies with Varengold Bank. Varengold Bank doesn't allow commodity trading. You can't trade metals with Varengold Bank. You can't trade energies with Varengold Bank.Compare Brokers Similar To Varengold Bank
Regulation And Licencing In More Detail
Varengold Bank is regulated by Unregulated.
Varengold Bank, as a business, has a strong set of rules for ensuring fair trading onto its platform. For information encryption functions, it provides an industry-standard secure socket layer (SSL).
In accordance with the company's privacy regulations, client information is to not be shared with some other institutions or individuals. This includes credit history and other financial details.
Varengold Bank Awards
At the time of writing this Varengold Bank review, and despite Varengold Bank’s impressive offering, the company has surprisingly not garnered any awards to date.Varengold Bank Trading Platforms
Varengold Bank are a trustworthy broker that has been trading for over 17 years. They offer a wide range of options in their customer accounts.
Below we take the main parts of any great online broker and compare Varengold Bank against Startrader, and freetrade.
Varengold Bank MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with Varengold Bank in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. Varengold Bank MetaTrader 4 is compatible with the latest macOS. Varengold Bank allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and Varengold Bank
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With Varengold Bank MetaTrader 4 On iOS Devices
You can download the Varengold Bank app or also trade with Varengold Bank through the MetaTrader 4 application on the Apple app store.
Download the Varengold Bank MetaTrader 4 Program free of charge from Apple's App Store. Varengold Bank customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With Varengold Bank MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. Varengold Bank provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 10,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Varengold Bank MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit you must deposit to get started on Varengold Bank is $250. This is an adequate amount for people just starting out. You can make more complex deposits as you cooperate. But, ensure you know how to make the most of your cash before investing larger sums.
Commission And Fees Explained
Varengold Bank is an online brokerage platform, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled much better. That is, an online broker is not necessarily affected by the number of customers they have.
However, this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly three types of fees for this purpose.
The first sort of charges to look out for are trading fees. When you make an actual trade, like purchasing a stock or an ETF, you're charged trading fees. In such instances, you are spending a spread, financing rate, or even a commission. The sorts of trading charges and the prices differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling price. Financing or overnight prices are people who are charged when you hold a leveraged position for more than a day.
Aside from trading charges, online brokers also bill non-trading fees. These are determined by the actions you undertake on your accounts. They're charged for things like depositing money, not trading for lengthy periods, or withdrawals.
Generally, Varengold Bank doesn't charge high fees compared to other online agents. For operations other agents fee for, they either do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for those who regularly exchange, such as daily or weekly trading.
However, non-trading fees charged by Varengold Bank are comparatively competitive. Consequently, you are charged more for non-trading activities in your trading account, like deposits and withdrawal. These aren't about the sale and purchase of assets.
This Varengold Bank review breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees Of Varengold Bank
Varengold Bank Withdrawal Fees Explained
Varengold Bank charges a withdrawal fee when you make a bank transfer. Every time you move money back into your bank account, these withdrawal fees become important.
Withdrawal of cash is possible at any time from your Varengold Bank account. You can withdraw sums up to the sum of your account balance, keeping aside the perimeter utilized. One thing to remember is that you don't always have to have any money on your accounts.
Moreover, the withdrawn money will be moved directly to the account you use to create deposits. Therefore, in the event that you used a credit card for deposits, then the withdrawn money will be sent into the cardVarengold Bank will ask you to offer other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you're withdrawing money in different currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the currency you're choosing to draw in.
Varengold Bank Inactivity Fees Explained
Varengold Bank doesn't charge inactivity fees so you are free to pop in and out of your account as needed
Even if no charges have been indicated by Varengold Bank, it is best for you to close the account if you are inactive. Inactivity fees aren't only charged by broker companies but also many financial services.
For additional trading platforms, the inactivity fee is contingent upon the type of account you've selected. The inactivity fee is exposed to many conditions and needs to be revealed clearly by the agent beforehand.
Varengold Bank Deposit Fees Explained
When you transfer money in your trading account from the bank account, a deposit fee can be billed by the broker. Most agents do not charge an excessive amount of money for this particular operation.
Varengold Bank doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing cash into the Varengold Bank trading platform is simple. You just have to finish a single-user profile questionnaire to begin depositing money into your trading account. You'll need to provide an identity evidence and evidence of residency to deposit large amounts.
Compare Varengold Bank Vs Other Broker Deposit Methods
What Can You Trade With Varengold Bank in 2025?
Note: Varengold Bank offers many different trading instruments due to regulatory restrictions in various countries. Trading instruments offered can be different depending on the country of residence of the client.
Varengold Bank has a wide variety of over 248 instruments available for you to trade with.
If trading currency pairs is of interest to you then Varengold Bank offer over currency pairs.
Compare Varengold Bank, Startrader & freetrade below.
Varengold Bank Trading App Review
Note: Varengold Bank's mobile app has a lot of functionality and is being constantly improved. The below information was correct at the time of compiling this Varengold Bank broker review.
Understand the capabilities of the mobile apps of Varengold Bank, Startrader & freetrade below.
Trading Education Available At Varengold Bank
Understand the trading resources available with Varengold Bank, Startrader & freetrade below.
Varengold Bank Customer Support
In this Varengold Bank broker review we tested the options for customer service including response times, and on the Varengold Bank trading platform problems resolution effectiveness. Varengold Bank provides support in a wide range of languages, including English, and Chinese
Varengold Bank Live Chat Support
We tried the live chat on Varengold Bank and it worked flawlessly. We made a request to Varengold Bank livechat via their app and web site and recieved a response in less than 20 seconds. On Occasion there was no response.
We tested communicating with Varengold Bank support in multiple languages and in various countries. Varengold Bank were capable of resolving our customer problems.
Varengold Bank Phone Support
We called Varengold Bank and the call was answered extremely quickly. We were able to have the call answered within less than five to ten minutes.
The Varengold Bank phone support team were able to successfully address our queries and problems over the phone. We tried the multi-lingual Varengold Bank team by calling them in various languages. Varengold Bank made an effort to ensure all of our questions were answered.
Overall, the phone support from Varengold Bank was okay.
Varengold Bank Email Support
We sent several email to Varengold Bank and responses were generally excellent. The fastest email response time from Varengold Bank was 2 hours and the most slow response was 8 days! Sometimes , there was no response. Support response times may vary for you at Varengold Bank, however, we've had the experience of sending out 10 emails at various times.
The team solved and responded to our queries. Average email support from Varengold Bank was excellent.
Alternatives To Varengold Bank
If, after studying this Varengold Bank review, they do not quite meet your needs check out these Varengold Bank alternatives.
We have scoured the web to find the best alternatives to Varengold Bank. Click the hyperlinks below to learn more.
Frequently Asked Questions
Can I try Varengold Bank before I buy?
Yes, you can most certainly try Varengold Bank before you buy. Varengold Bank provides demo accounts for the ease of inexperienced traders. You may use this feature to build your faith in the system and yourself and your trading strategies.
If you register for a demo account with Varengold Bank, you may set out with a decent amount of virtual currency. It's to establish a feeling of security and confidence in you before you decide to invest your own money.
With a virtual Varengold Bankdemo account, you can experiment in any way, to whatever length you desire. You can also start positions, test different trading strategies, and much more.
Varengold Bank specifies on its official website how you are able to exchange real time stocks with your demo account.
Is Varengold Bank safe?
You can drop all your worries since we believe that Varengold Bank is totally safe to use. It is in compliance with all the rules of Unregulated.
Luckily, Varengold Bank provides assured stop-loss protection.
Why does Varengold Bank ask for my passport?
The reason that Varengold Bank asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Varengold Bank has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Varengold Bank must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with Varengold Bank?
The process to start trading with Varengold Bank is super simple. You need to begin by signing up on the Varengold Bank website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but Varengold Bank are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with Varengold Bank is $250. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with Varengold Bank.
The best way to kickstart your trading career with Varengold Bank is to open a demo account facility before risking any real money
What funding methods do Varengold Bank accept?
There are a number of methods to fund your accounts with Varengold Bank. The process is effortless and quick, with different payment methods at your fingertips.
You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing money. You must keep in mind that PayPal is not available in every country. The monies Varengold Bank accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit techniques you can embrace are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is a possibility also, though it takes approximately 4-7 days.
Is my money safe with Varengold Bank?
Yes, your money is safe and protected with Varengold Bank. As you know, Varengold Bank works with proper conformation to regulations. It has established plenty of steps to protect all its investors.
Varengold Bank protects its clients' personal and sensitive information under SSL encryption. Your capital will be retained highly secure in top-tier banks.
If you want to further safeguard your account, it is possible to empower Two-Step Verification as well. It takes an SMS affirmation that you access your account.
Is Varengold Bank trading good?
Yes, trading through Varengold Bank is a nice and decent experience indeed. It is an excellent and intuitive platform with helpful features for your ease. Moreover, you can also gain access to a huge selection of educational resources and assistive material to kickstart your trading expertise.
If you are still skeptical, you can start a eToro demo account and assess the trustworthiness of the platform on your own.
Which Countries do Varengold Bank support?
Varengold Bank operates across the world. However, due to regulations Varengold Bank cannot accept clients from Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is Varengold Bank legit?
Varengold Bank is a legit company headquarted in Germany since 2008. They are regulated by Unregulated. Varengold Bank is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is Varengold Bank a good broker?
Varengold Bank is a great agent, and its users can vouch for it. The highlight of this platform is its fast order execution on transactions.
You'll find the clean design of the platform along with the commendable features are pleasant to work with.
Is Varengold Bank a trustworthy broker?
Yes, Varengold Bank is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can affirm to their trustworthy nature.
What is the minimum deposit for Varengold Bank?
The minimum deposit to open a live account with Varengold Bank is $250
How long do Varengold Bank withdrawals take?
Normally, withdrawal of money from Varengold Bank is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from Varengold Bank to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is Varengold Bank regulated?
Varengold Bank are regulated by Unregulated
Is Varengold Bank a market leading broker?
Varengold Bank is currently one of the business leaders. It has over 10,000+ registered customers and over 17 years of experience on its record. They're among the world's top trading platforms and also a prominent figure in the Fintech revolution.
It majorly owes this status to its incredible platform and wide selection of resources plus tools so you may put money into capital markets.
Is Varengold Bank a con?
No, Varengold Bank is not a con. They are regulated by Unregulated and must adhere to their rules. Thus, it is safe to say that Varengold Bank is not a scam.
Can you make money with Varengold Bank?
Using Varengold Bank, several traders earn a great deal of cash. But, just like all online brokerages, it is important to note that traders can also lose money. In particular, Your capital is at risk
This can look to be a little number, but over the entire year, it adds to a significant number of gains. Even though Varengold Bank supply you all the tools to earn money, they cannot guarantee you will profit.
Does Varengold Bank have fees?
Yes. To start trading with Varengold Bank, you have to deposit $250. Particular commissions while trading also applies. Any processing fees from your bank will need to be incurred by you.
When was Varengold Bank founded?
Varengold Bank was founded in 2008 in Germany. Varengold Bank is regulated by Unregulated.
How many people use Varengold Bank?
Varengold Bank is a worldwide recognised broker with 10,000+ clients.
Where is the Varengold Bank head office?
Varengold Bank has its head office in Germany
Does Varengold Bank offer negative balance protection?
No. Varengold Bank doesn't provide negative balance protection. If your balance is unfavorable, Varengold Bank indicates that you promptly contact customer services. With this, you can fix any imbalances in your own account.
Does Varengold Bank offer guaranteed stop loss?
Yes, Varengold Bank provide a guaranteed Stop Loss order.
If there's absolutely no free margin left together with the client, Varengold Bank will cease your own positions. When the losses in the stopped out position exceeds your account balance, you may experience a negative account balance.
Does Varengold Bank allow scalping?
Yes, Varengold Bank does allow scalping. Many traders across the world choose Varengold Bank for their scalping services. They offer trading on Desktop,Android,iPhone,Mac which let this.
Does Varengold Bank allow hedging?
Yes, Varengold Bank does allow hedging.
Can you trade energies with Varengold Bank?
No, unfortunately you cannot trade energy stock with Varengold Bank
Can you trade agricultural shares with Varengold Bank?
No, unfortunately you cannot trade agricultural stock with Varengold Bank
Can you trade cryptocurrency with Varengold Bank?
No, unfortunately you cannot trade cryptocurrency with Varengold Bank
Can you trade metals with Varengold Bank?
No, unfortunately you cannot trade metals with Varengold Bank
Can you trade UK Shares with Varengold Bank?
Yes, you can trade UK shares with Varengold Bank
Can you trade US Shares with Varengold Bank?
No, unfortunately you cannot trade US shares with Varengold Bank
Can you trade Japanese Shares with Varengold Bank?
No, unfortunately you cannot trade Japanese shares with Varengold Bank
Can you trade German Shares with Varengold Bank?
No, unfortunately you cannot trade German shares with Varengold Bank
Does Varengold Bank accept bank transfers?
Yes, Varengold Bank accepts bank transfers for depositing money.
Does Varengold Bank accept credit cards?
Yes, Varengold Bank accepts credit cards for depositing money.
Does Varengold Bank accept PayPal?
No, Varengold Bank does not accept PayPal.
Does Varengold Bank accept Skrill?
No, Varengold Bank does not accept Skrill.
Does Varengold Bank accept Payoneer?
Yes, Varengold Bank accepts Payoneer for depositing money.
Payoneer, an American financial services company, offers online money transfer and digital payment services. It also provides working capital to customers.
Account holders can send and receive funds using an e-wallet, a virtual bank account number in a local currency or a re-loadable prepaid MasterCard debit card. Money received can then be withdrawn to a bank account or used online / at points of sale with the Payoneer debit card. The company specializes in facilitating cross-border B2B payments. The company facilitates cross-border transactions in more than 200 countries and territories, as well as more than 150 local currencies. It also offers cross-border wire transfers, online payments and refillable debit cards services.
Payoneer is used by companies like Airbnb, Google, Amazon and Upwork to send large-scale payouts all over the globe. It is also used by eCommerce marketplaces such as Rakuten, Walmart and Wish.com, freelance marketplaces such as Fiverr and Envato, and works with ad networks to connect these firms with publishers based outside of their headquartered country.
In the content creation space, Payoneer works with Getty Images, iStock, Pond5, and others as well as in the freelance marketplace.
Payoneer's customer service team includes 320 employees that support 4,000,000 customers in 70 languages and in 150 currencies.
In October 2019, the company launched a service aimed for small and medium-sized businesses to send payments anywhere in the world quickly and cheaply.
Does Varengold Bank accept Neteller?
No, Varengold Bank does not accept Neteller.
Does Varengold Bank offer Live Chat customer support?
Yes, Varengold Bank offers customer support through live chat.
Does Varengold Bank offer phone customer support?
Yes, Varengold Bank offers customer support over the telephone.
Does Varengold Bank offer email customer support?
Yes, Varengold Bank offers customer support through email.
What languages can Varengold Bank communicate in?
Varengold Bank has the ability to communicate and support customers who speak: English, and Chinese
Does Varengold Bank have a wikipedia page?
No, Varengold Bank does not have an official wikipedia page.
Does Varengold Bank offer demo accounts?
Yes, Varengold Bank offers virtual portfolio accounts so you can test your trading strategies before risking any real money. Inexperienced traders can open a virtual portfolio account in order to better understand the aspects of Forex trading and test out some of the company’s features before signing up for a live account.
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Table Of Contents
- Who are Varengold Bank?
- Benefits Of Trading With Varengold Bank
- Everything you should know about trading with Varengold Bank
- Is Varengold Bank Safe To Trade With?
- Varengold Bank Risk Disclaimer
- Pro's & Con's Of Trading With Varengold Bank
- Compare Brokers Similar To Varengold Bank
- Varengold Bank Regulation And Licencing
- Varengold Bank Awards
- Minimum Deposit Required For A Live Account With Varengold Bank
- Varengold Bank Commission And Fees
- Compare broker fees against Varengold Bank
- Varengold Bank Withdrawal Fees Explained
- Varengold Bank Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With Varengold Bank?
- Varengold Bank Customer Support
- Varengold Bank Live Chat Support
- Varengold Bank Phone Support
- Varengold Bank Email Support
- Alternatives To Varengold Bank
- Frequently Asked Questions About Varengold Bank