Varengold Bank FX Review
Typical Spread on Majors
EUR/USD | 2.5 |
GBP/USD | 3 |
USD/JPY | 2.7 |
- Company Info
Headquarters | Hamburg, Germany |
Type of Broker | STP |
Founded | 1995 |
Regulated By | Regulated By BaFIN (Germany) |
Offices In | Germany, United Arab Emirates, China, Lebanon |
Supported Languages | English, German, Spanish, French, Chinese, Arabic, Farsi, Russian |
ESMA Regulation ? | This broker is regulated within the E.U and may be subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
Account Currencies | EUR, USD |
Minimum Deposit | $2500 |
Traders from USA Allowed | No |
Clients Funds Segregated | Yes |
Interest on Margin | Yes |
Islamic Accounts | Yes |
Islamic Account Restrictions | Muslim Faith Only |
ECN / STP Accounts Offered | No |
Commission on STP or ECN | 0 |
VIP Accounts Offered | Yes |
VIP Account Requirements | $25,000 Minimum Deposit |
Mini Accounts Offered | No |
PAMM / MAM Solutions | Yes |
API Solutions | Yes |
Mobile Trading | Yes |
Web Based Trading | No |
Funding Methods | Credit/Debit Cards, Wire Transfer, Skrill, PayPal |
Withdrawal Methods | Credit/Debit Cards, Wire Transfer, Skrill, PayPal |
- Platform Details
Platforms Offered | MetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 Android, MetaTrader iOS |
NO of Pairs | 38 |
Pricing Digits | 5 |
Trade off Charts | Yes |
One-click Execution | Yes |
Email Alerts | No |
Mobile Alerts | No |
Trading Server Time | GMT + 0 |
Demo Account Expiry | 4 Weeks |
VPS Offered | No |
- Trading Details
Dealing Desk | No |
Maximum Leverage | 200:1 |
Minimum Contract Size | 0.1 |
Execution | Market Execution |
Hedging | Yes |
Scalping | Yes |
Scalping Restrictions | No |
Option of OCO | No |
Option of FIFO | No |
- Additonal Instruments
CFD's | Yes |
Metals | Yes |
Oil | Yes |
Stocks | Yes |
Futures | Yes |
Indices | Yes |
Varengold Bank FX Reviews
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