|Regulation||BaFin; licensed bank|
|Trading software||Fox Trader|
|Headquartered||Varengold (Dubai) Est.Emirates Towers, Level 42, P.O Box 31303, Dubai, United Arab Emirates T: +971.4.319.7483, F: +971.4.319.7474|
"Varengold Bank FX" is an online Foreign Exchange Trading Service provided by Varengold Investment Bank AG (Varengold Wertpapierhandelsbank AG).
The German investment bank was founded by the current management board Steffen Fix and Yasin Sebastian Qureshi over ten years ago. It is the only German financial institution with an exclusive focus on brokerage and managed futures.
Varengold Bank FX provides a superior level of service to retail and institutional customers to sustain long-term relationships that will enable us to respond more efficiently and proactively to their changing needs. Varengold Bank FX
|Headquarters||Varengold (Dubai) Est.Emirates Towers, Level 42, P.O Box 31303, Dubai, United Arab Emirates|
|24 hour support|
|24 hour trading|
|Digits after the dot in quotes|
|Minimum position size|
|Pip spread on majors||1-3|
|Standard account, $||2500|
|Mini account, $||2500|
|Popular payment methods||Credit Card, BankTransfer|
|Other instruments||CDFs, currency pairs|
|Languages||English, Russian, German, French, Arabic, Chinese, Spanish|
Very respectful company based in Germany. Regulated by BaFin and has no cases in violating regulatory rules. In addition, this is the bank that provides brokerage services so company has no reasons to risk its reputation by providing bad FX service. In my opinion, it’s one of the top reliable FX brokers in Europe.
Best thing that might happen when you get unfair price is you can fix it. It's not a big deal. Contact customer support and explain case in details your. No one will ignore you. When it happened to me and position was wiped out, i contacted support, provided them with screenshots and action was immediate. Sure, each case is different and it is annoying but fixable. Truthful and excellent.