Varengold Bank Review: Pros & Cons | 2024 Update
This Varengold Bank review has been updated for 2024 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 reputable broker that was founded in 2008. They have around 218 employees that help the company provide Financial Markets Access, to 10,000+ customers 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.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
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 latest details surrounding Varengold Bank.
If you are new to the world of online trading and brokers, so many nuances will no doubt be confusing for you. Getting into the area of online trading requires expert analytical skills and comprehensive knowledge. You'll get adept at all of the concepts of trading online and brokerages as you continue trading. For starters, you have to select the right broker who will always be transparent with you.
In the fast-paced world of financial markets and trading, you will need guidance to make proper decisions. A professional, direct investment online broker could assist you in minimising any potential losses and maximising any returns. Varengold Bank is just one such broker which will help you. It is important to understand all you can about any broker until you trust them with your cash.
When engaging in online trading with platforms such as Varengold Bank, it's crucial to carefully assess Varengold Bank as your broker, as this choice can significantly impact your success. Selecting the right broker is vital for your Varengold Bank investments to flourish. However, be cautious of fraudulent and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be vigilant and methodical in your Varengold Bank broker selection to protect your hard-earned money. Performing your due diligence and researching the reliability 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 in-depth Varengold Bank review. So, make yourself comfortable, grab a cup of coffee, and immerse yourself in learning about Varengold Bank and how it can benefit you, or if Varengold Bank might not be the right fit for you.
Varengold Bank Guide for 2024 – Brief Overview
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 everything you need to know about trading with Varengold Bank. A fantastic broker can use your first investments and help to protect it from losses but also provide you a platform that can help to give you favourable profits. If you would like to earn profits, you must trade with a brokerage service that aligns with your investing objectives.
Of course, there is no sure-fire way to ensure profits; thus, you must carefully assess your agent before you select them. It's a frequent misconception that all brokers are exactly the same, but that's not true. Wrong judgment, in the beginning, can put your investments in danger.
Varengold Bank is a trading partner that has found its way successfully into the brokerage world. In this review, we've attempted to collate a number of the vital aspects of Varengold Bank. This guide will allow you to understand whether Varengold Bank is a great fit for your own investments or not. We have tried to breakdown all of the features and fees for your convenience.
Who are Varengold Bank?
Varengold Bank is a online trading broker headquartered in Germany and provides a range of tools for trading. Since its start in 2008 they have emerged as a top player in the field of online trading. Varengold Bank has a highly professional and full-featured trading website that is focused on forex, indices, metals, stocks , commodities.
Over the past 16 years, Varengold Bank has become one of the leading online brokers available to the public.
After launching in 2008, their customer base has become as large as 10,000+ clients.
Varengold Bank is a favourite for many online traders . Our Varengold Bank account review found that they're a reputable platform for online trading solutions. They're best suited for investors who are searching for an assortment of assets. Social and easy to use trading options are the heart at Varengold Bank.
Technology plays a significant role in Varengold Bank. They features trading on Desktop,Android,iPhone,Mac. Varengold Bank is honest, transparent, and a well-regulated broker by the Unregulated. Their outstanding variety of resources will be beneficial for the majority of traders. Third-party partnerships also supply in-house analysis.
The trader resource section at Varengold Bank is very insightful for new dealers since it permits them to have a closer look at the financial markets. Varengold Bank caters to all sorts of traders and are a must-have broker for almost any well-diversified approach to online trading.
Benefits of trading with Varengold Bank in 2024
Trading with Varengold Bank includes many advantages. These benefits are what sets Varengold Bank ahead of the rest of the online brokers. You should check all of the advantages listed so that you have a better understanding of Varengold Bank.
The agent goes to great lengths to understand what dealers want. As a result, the support, fast, and convenient. The broker also gives a variety of platforms for all types of traders. Varengold Bank helps to ensure that the individual needs of all online traders are met to the best of their capabilities.
Varengold Bank also includes excellent trading conditions that are readily available to all and not only an elite class of institutional customers. The tight spreads and fast executions are a fantastic benefit for all traders. The technology adopted by Varengold Bank is among the maximum caliber, making sure that it's fast, dependable, and efficient.
Varengold Bank admits the significance of owning a fast order execution. A quick execution will allow users to trade without worrying about slippage safely. It will also aid the traders to catch any opportunities.
Copy trading is another important facet of Varengold Bank. A new trader can learn from business experts utilizing the automated copy trading option. This allows you to monitor well performing brokers and instantly copy their trades and benefit from their experience
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 tools to support all kinds of traders. These instruments are lively and suitable for both the new and experienced traders. All traders can set aside all their concerns 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.
What you ought to know about trading with Varengold Bank
Varengold Bank is a dynamic platform that offers various methods of online trading. These instruments cover the monetary markets substantially. The Majority of the brokerage platforms offer fewer methods than Varengold Bank
If you want to exchange with Varengold Bank, you'll need a minimum deposit of $250. This deposit is mandatory if you want to begin trading with Varengold Bank. This 2024 Varengold Bank review will guide you easily about trading with them.
Varengold Bank is as flexible as another brokerage platform. Varengold Bank is excellent for traders that want a manageable selection of low-cost services. The platforms supplied by Varengold Bank are third-party, white-label offerings. All traders may pick from Desktop,Android,iPhone,Mac
Together with everything, Varengold Bank has multiple benefits to new and verteran traders and should be investigated. There is no minimum time over which a transaction has to be kept open. The brokers offer premium customer service which rewards customers with benefits.
Many unprofessional brokers attempt to pressurise consumers into larger financing for premium services. Varengold Bank, however, is much more focused on trading volume. Traders can expect trading conditions to be just, honest and transparent. The more lots traded by the user, the greater benefits will come along.
Varengold Bank accounts are available around the world and provides outstanding service everywhere they have customers. There are only a select 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 2024?
Established in 2008, Varengold Bank has been operating for 16 years, they are headquarted in Germany
Varengold Bank is regulated by Unregulated. These figures have rules that ensure that trading platforms have measures in place to maintain investor's assets secured. This means that Varengold Bank users don't need to worry about their money as it is segregated and safely kept in established banks. SSL encryption secures every user's personal information also.
You are able to make use of an option for Two Factor Authentications (2FA) with Varengold Bank for heightened security. An SMS for the verification code will be sent to a mobile phone. You'll be required to input this code to log in to your account.
Another concern with fiscal brokers is in respect to security might be manipulation of trading. This is highly disadvantageous for consumers on these platforms. Nonetheless, this is more widespread in the case of Market Maker brokers who compete with customers on the platform.
Varengold Bank Risk Disclaimer
Your capital is at risk
Pro's & Con's Of Trading With Varengold Bank
Every online trading platform has some pros and cons Varengold Bank review would be complete without having a balanced approach. 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 16 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 company, has a powerful collection of rules for ensuring fair trading onto its own platform. For data encryption functions, it provides an industry-standard secure socket layer (SSL).
In accordance with the company's privacy regulations, client data 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 operating for over 16 years. They offer a wide range of options in their customer accounts.
In the following table we take the main parts of any good online trading platform 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 need to begin on Varengold Bank is $250. This is a decent amount for those just beginning. It's possible to make more complex deposits as you cooperate. But, make certain that you understand how to make the most of your money before investing in larger amounts.
Commission And Fees Explained
Varengold Bank is an online brokerage platform, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the companies of online brokerages are scaled much better. In other words, an online broker isn't necessarily affected by the number of customers they have.
But this does not mean that online brokers don't charge any fees. They charge fees of varying rates for various services to make money. There are mainly three different types of penalties for this objective.
The first sort of fees to keep an eye out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you're billed trading charges. In such cases, you're paying a spread, funding rate, or a commission. The kinds of trading fees and the rates differ from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread refers to the difference between the buying and selling cost. Financing or overnight rates are people that are charged when you maintain a leveraged position for longer than daily.
Apart from trading fees, online agents also charge non-trading fees. These are dependent on the actions you undertake in your accounts. They're billed for things like depositing money, not trading for lengthy periods, or withdrawals.
Generally, Varengold Bank does not charge high fees in comparison to other online brokers. For operations other brokers charge for, they either do not charge a broker fee, or they charge a smaller amount. This can be beneficial for people who often exchange, such as daily or weekly trading.
However, non-trading fees charged by Varengold Bank are comparatively greater. As a result, you are billed more for non-trading activities in your trading account, like deposits and withdrawal. These aren't related to the sale and purchase of resources.
This Varengold Bank review breaks down every one of the relevant 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. Each time you transfer money into your bank accounts, these withdrawal charges become important.
Withdrawal of cash is possible at any time from the Varengold Bank account. You can draw up sums to the sum of your account balance, keeping aside the perimeter utilized. 1 thing to remember is that you don't always have to have any money on your accounts.
In addition, the withdrawn money will be transferred directly to the accounts you use to make deposits. Thus, if you used a credit card for deposits, the withdrawn money will be sent into the cardVarengold Bank will ask you to provide other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you are withdrawing cash in various currencies from USD, a conversion fee is also important. The conversion fee will depend on the money you're choosing to withdraw 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 are implied by Varengold Bank, it is best that you close the account if you're inactive. Inactivity fees aren't just charged by brokerage companies but also many financial services.
For other trading platforms, the inactivity fee is contingent on the sort of account you have chosen. The inactivity fee is subjected to a lot of circumstances and should be disclosed clearly by the agent beforehand.
Varengold Bank Deposit Fees Explained
When you move money into your trading account from the bank account, a deposit fee can be charged by the broker. Most brokers 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 on the Varengold Bank trading platform is simple. You just need to finish a single-user profile questionnaire to start depositing money into your trading account. You will have to give an identity evidence and proof of residency to deposit large sums.
Compare Varengold Bank Vs Other Broker Deposit Methods
What Can You Trade With Varengold Bank in 2024?
Note: Varengold Bank provides many different trading instruments due to regulatory restrictions in various countries. Trading instruments offered will differ based 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 functions and is being constantly improved. The table below was correct at the time of writing 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
For our Varengold Bank broker review we tested the options for customer service, response times and on the Varengold Bank trading platform problem resolution effectiveness. Varengold Bank supports many languages, including English, and Chinese
Varengold Bank Live Chat Support
We tried the livechat experience with Varengold Bank, and it was very effective. We made a request through the Varengold Bank livechat via their website and app and recieved a response after 10 seconds. Sometimes there was no response.
We tried communicating via Varengold Bank support in multiple languages across multiple countries. Varengold Bank were capable of resolving our customers' problems.
Varengold Bank Phone Support
We called Varengold Bank and the call was answered extremely promptly. It was responded to within less than five to ten minutes.
The Varengold Bank phone support team was able to effectively address our queries and problems via phone. We tried the multilingual Varengold Bank team by calling in varying languages. Varengold Bank made an effort to ensure our queries were answered.
The overall phone support provided by Varengold Bank was okay.
Varengold Bank Email Support
We have sent numerous messages to Varengold Bank and answer times overall were very good. The fastest email response from Varengold Bank was 4 hours, while the slowest response was 12 days! Sometimes there wasn't a response. Support response times may vary depending on what is needed from Varengold Bank, however we have had this experience sending 10 emails at varying times.
The team solved and responded to our queries. Average email support from Varengold Bank was good.
Alternatives To Varengold Bank
If, after studying this Varengold Bank review, they don't quite fulfill your requirements check out these Varengold Bank alternatives.
We have scoured the web to find the best alternatives to Varengold Bank. Click the links below to find out more.
Frequently Asked Questions
Can I try Varengold Bank before I buy?
Yes, you can most definitely try Varengold Bank before you buy. Varengold Bank provides demo accounts for the ease of beginner traders. You may use this feature to build your faith in the system and yourself and your trading strategies.
If you sign up to get a demonstration account with Varengold Bank, you may set out using a decent amount of virtual money. It is to establish a sense of security and confidence in you until you decide to invest your own money.
With this virtual Varengold Bankdemo account, you are able to experiment at all, to whatever period you wish. You can even start positions, examine different trading approaches, and much more.
Varengold Bank specifies on its official site that you can exchange real time stocks with your demo account.
Is Varengold Bank safe?
You can drop all of your worries because we believe that Varengold Bank is completely 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 finance your accounts with Varengold Bank. The process is effortless and quick, with various payment methods in 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 funds. You must bear in mind that PayPal is not available in every country. The currencies Varengold Bank accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit techniques you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is an opportunity as well, even though it takes about 4-7 days.
Is my money safe with Varengold Bank?
Yes, your money is safe and secure with Varengold Bank. As you know, Varengold Bank operates with good conformation to regulations. It's established plenty of steps to protect all of its investors.
Varengold Bank protects its customers' personal and sensitive information under SSL encryption. Your funds will be kept highly secure in top-tier banks.
If you wish to further protect your account, it is possible to empower Two-Step Verification also. It takes an SMS confirmation for you to get your accounts.
Is Varengold Bank trading good?
Yes, trading through Varengold Bank is a pleasant and decent experience indeed. It is a great and intuitive platform with helpful features for your simplicity. In addition, you can also gain access to a vast selection of educational tools and assistive material to kickstart your trading expertise.
If you are still skeptical, it is possible to open a eToro demo account and evaluate the credibility of the platform for yourself.
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 an excellent broker, and its own users may vouch for it. The highlight of the platform is its fast order execution on transactions.
You will discover the clean layout of this platform and the commendable features that 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 industry leaders. It has over 10,000+ registered users and over 16 years of experience on its own record. They're one of the world's leading trading platforms and also a dominant figure in the Fintech revolution.
It simplifies this standing to its unbelievable platform and wide selection of tools plus resources so you can 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?
Through Varengold Bank, many traders earn a lot of cash. But, just like all online trading platforms, it is important to note that traders can also lose money. In particular, Your capital is at risk
This may seem to be a little number, but over the entire year, this adds to a substantial number of gains. While Varengold Bank provide you all the tools to make money, they cannot guarantee that you will gain.
Does Varengold Bank have fees?
Yes. To begin trading using Varengold Bank, you need to deposit $250. Particular commissions while trading also applies. Any processing fees from your bank might have 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 globally recognised agent 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 does not provide negative balance protection. If your balance is negative, Varengold Bank suggests 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 offer a guaranteed Stop Loss order.
If there's absolutely no free margin left with the client, Varengold Bank will stop your positions. If the losses in the stopped out location exceeds your account balance, you may encounter a negative account balance.
Does Varengold Bank allow scalping?
Yes, Varengold Bank does allow scalping. Several traders throughout the world select Varengold Bank due to their scalping services. They offer trading on Desktop,Android,iPhone,Mac which allow 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. This company is a specialist in cross-border B2B transactions. 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.
Companies like Airbnb, Amazon, Google and Upwork use Payoneer to send mass payouts around the world. 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 demo accounts so you can learn their systems before risking any real capital. Newbie traders can open a demo account in order to become better acquainted with the aspects of Forex trading and test out some of the company’s features before getting a live account.
Compare Varengold Bank To All Our Other Brokers
Latest Varengold Bank News & Insights
Varengold Bank Review
Varengold Bank Review:
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