FP Markets vs Varengold Bank, Who's The Best?
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FP Markets Rating
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Varengold Bank Rating
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Losses can exceed deposits |
Your capital is at risk |
FP Markets vs Varengold Bank Guide |
Read our In-Depth FP Markets vs Varengold Bank Review - for 2025
Our FP Markets vs Varengold Bank review has been updated to reflect any changes for 2025 by seasoned professionals with considerable financial experience across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of FP Markets vs Varengold Bank does not apply to all countries as follows:
FP Markets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Varengold Bank Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare FP Markets vs Varengold Bank
Each trading platforms will have some advantages and disadvantages, and any comprehensive analysis of FP Markets vs Varengold Bank cannnot be complete without having a fair assessment.
Compare FP Markets and Varengold Bank to understand just how they stack up against one another prior to you decide to open an account. A comprehensive comparison can put things in perspective in order that you are informed about the expectations.
So you are looking for a professional broker and are choosing between FP Markets or Varengold Bank. Who is better in 2025?
This FP Markets vs Varengold Bank comparison contains the most recent information so you can easily compare Varengold Bank against FP Markets.
If you are a new entrant in the realm of trading and brokers, so many details will be perplexing for you. Getting into the area of trading requires expert assessing skills and comprehensive understanding. You'll acquire proficient at all of the concepts of brokerage since you continue trading. For starters, you need to choose the right agent who will be transparent with you always.
Within this fast-paced universe of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. FP Markets and Varengold Bank are just two such stages that will take you along with your investment to great heights. It is important to compare FP Markets vs Varengold Bank before you trust them with your cash.
Our FP Markets vs Varengold Bank comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FP Markets and Varengold Bank side by side.
Our entire FP Markets vs Varengold Bank Review covers all you need to learn about trading using either FP Markets or Varengold Bank. A fantastic broker can multiply your initial investments and give you positive profits. If you want to make profits, you must trade with a brokerage service that contrasts with your investing goals.
There's absolutely no sure-fire method to guarantee profits; thus, you should carefully assess your agent before you select them. It's a common misconception that all brokers will be the same, but that is not true. Wrong judgment, initially, can put your investments at risk.
FP Markets and Varengold Bank are both brokers that have paved their way successfully to the broker world. In this review, we've tried to collate some of the important aspects of both FP Markets and Varengold Bank. This review will allow you to know whether either Varengold Bank or FP Markets is a fantastic fit for your investments or not. We have tried to breakdown all the qualities and fees for your advantage.
Benefits of FP Markets and Varengold Bank Compared
FP Markets has a minimum deposit of $100 while Varengold Bank offers a $250 minimum deposit.
Why smaller minimum deposits are good and how FP Markets and Varengold Bank compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
FP Markets has around 100 financial instruments while Varengold Bank has around 100 available.
The more instruments you can trade on the FP Markets and Varengold Bank trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of FP Markets or Varengold Bank.
FP Markets and Varengold Bank Contact Details
Being able to contact your broker through many ways is vital. FP Markets and Varengold Bank have the following contact details and social medias that you can use.
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Broker | FP Markets | Varengold Bank |
Telephone Number | +44 28 2544 7780 | |
supportteam@fpmarkets.com | ||
Address | First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines | |
FP Markets Twitter Account | Varengold Bank Twitter Account | |
FP Markets Facebook Page | Varengold Bank Facebook Page | |
FP Markets Instagram Account | Varengold Bank Instagram Account | |
FP Markets LinkedIn Page | Varengold Bank LinkedIn Page | |
YouTube | FP Markets YouTube Channel | Varengold Bank YouTube Channel |
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Varengold Bank and FP Markets Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of FP Markets and Varengold Bank we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
FP Markets vs Varengold Bank - Awards
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Broker | FP Markets | Varengold Bank |
Awards |
FP Markets have won a lot of industry awards over the time they have been operating as a financial broker. We detail the most notable awards for FP Markets here.
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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. |
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FP Markets vs Varengold Bank - Frequently Asked Questions
FP Markets vs Varengold Bank - Headquarters And Year Of Founding
FP Markets was founded in 2005 and has its head office in Australia.
Varengold Bank was founded in 2008 and has its head office in Germany.
What is the minimum deposit for Varengold Bank or FP Markets
The minimum deposit for FP Markets is $100.
The minimum deposit for Varengold Bank is $250.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both FP Markets and Varengold Bank are a good option.
FP Markets vs Varengold Bank - Regulation And Licencing In More Detail
FP Markets is regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC).
Varengold Bank is regulated by Unregulated.
Varengold Bank is unregulated but FP Markets has a powerful collection of rules for ensuring honest trading onto its individual platforms. For data encryption functions, they supply industry-standard secure socket layer (SSL).
As per their own privacy policy, customer information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare FP Markets vs Varengold Bank Commission And Fees
FP Markets and Varengold Bank are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the companies of online trading platforms are scaled better. That is, an online broker is not necessarily affected by the number of clients they have.
However, this doesn't mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly three different types of fees for this purpose.
The first sort of fees to keep an eye out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you are charged trading fees. In these cases, you are spending a spread, funding rate, or a commission. The kinds of trading fees and the rates differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the other hand, a spread denotes the gap between the buying and selling cost. Financing or overnight rates are people who are billed when you maintain a leveraged position for longer than a day.
Apart from trading charges, online agents also bill non-trading fees. These are determined by the activities you undertake in your accounts. They're charged for surgeries like depositing money, not investing for lengthy periods, or withdrawals.
In general, neither FP Markets or Varengold Bank charge high fees compared to other online agents. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for those who often exchange, such as daily or weekly trading.
However, non-trading fees billed by FP Markets and Varengold Bank are relatively lower. Consequently, you are charged more for non-trading actions on your trading accounts, such as withdrawal and deposits. These aren't related to the purchase and sale of resources.
This FP Markets vs Varengold Bank review for 2025 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For FP Markets And Varengold Bank
What Languages Do FP Markets And Varengold Bank Support?
Being able to chat completely with your trading platform is a key element when comparing online brokers to find your perfect trading partner. Not only for support but to ensure you understand everything on their site and inside their application as it is a key part of success when trading online.
Below you can find the languages that both FP Markets and Varengold Bank offer communication in.
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Broker | FP Markets | Varengold Bank |
Languages Supported | English, and Chinese | |
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How Many Clients Do FP Markets and Varengold Bank Have?
Both FP Markets and Varengold Bank are well established with their customer base. It is important to work with a broker you can trust and one of the easiest ways of establishing this is by knowing how many customers are using their services.
Below you will find details of how many customers FP Markets and Varengold Bank have
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Broker | FP Markets | Varengold Bank |
Clients / Users | 10,000+ | 10,000+ |
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What Payment Methods Do FP Markets and Varengold Bank Accept?
FP Markets and Varengold Bank both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at FP Markets and Varengold Bank
What Can You Trade With FP Markets and Varengold Bank?
FP Markets offers 100 trading instruments while Varengold Bank offers 248.
Below you will find a full breakdown of what both FP Markets and Varengold Bank offer.
FP Markets Review
FP Markets vs Varengold Bank:
Table Of Contents
- Compare FP Markets vs Varengold Bank
- Benefits of FP Markets and Varengold Bank Compared
- Varengold Bank and FP Markets Mobile App Comparison
- FP Markets vs Varengold Bank - Awards
- FP Markets vs Varengold Bank - Frequently Asked Questions
- What is the minimum deposit for Varengold Bank or FP Markets
- FP Markets vs Varengold Bank - Regulation And Licencing In More Detail
- Compare Broker Fees For FP Markets And Varengold Bank
- What Languages Do FP Markets And Varengold Bank Support?
- How Many Clients Do FP Markets and Varengold Bank Have?
- What Payment Methods Do FP Markets and Varengold Bank Accept?
- What Can You Trade With FP Markets and Varengold Bank?