VarenGold Bank AG review
VarenGold Bank AG is a Multi-Assets Trading Platform with over 248+ Assets
VarenGold Bank AG is a multi asset platform with 248+ tradable Assets. Assets available on VarenGold Bank AG include Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.
VarenGold Bank AG trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing are considered financial assets.
Features of VarenGold Bank AG
- Social Trading available
- Copy Trading available
- VarenGold Bank AG offers Advanced Financial Chart comparison tools
- VarenGold Bank AG offers Research-backed analysis on financial markets and investments from top analysts
- The VarenGold Bank AG platform is available to use on multiple devices including Apple Mac computers, and online through a Web Browser.
- VarenGold Bank AG offers a trading platform with tools for both New Traders and Seasoned Experts
- VarenGold Bank AG users benefit from using the VarenGold Bank AG platform in over 15 different languages
VarenGold Bank AG review
What you should know
VarenGold Bank AG offer five ways to trade: Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing. The assets and products available to you on the VarenGold Bank AG trading platform depends on the region of the world, you are in and the VarenGold Bank AG entity you have an account.
With VarenGold Bank AG you will need a minimum deposit of $250. You can sign up for a demo account to acquaint yourself with VarenGold Bank AG platform.
VarenGold Bank AG are able to accommodate various levels of traders whether you are experienced or a beginner.
Are VarenGold Bank AG safe?
When considering VarenGold Bank AG for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as VarenGold Bank AG, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.
Established in 2008, and in operation for 16 years VarenGold Bank AG have a head office in Germany.
VarenGold Bank AG is not regulated. This means VarenGold Bank AG are not supervised by any regulatory bodies.
VarenGold Bank AG withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like VarenGold Bank AG are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. VarenGold Bank AG are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of VarenGold Bank AG and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. VarenGold Bank AG has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, VarenGold Bank AG will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like VarenGold Bank AG, you can enjoy peace of mind and focus on your trading activities.
Your capital is at risk
Is my money safe with VarenGold Bank AG?
All payments made to VarenGold Bank AG by traders are securely held in a segregated bank account.
VarenGold Bank AG uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.
What are Tier 1 banks and why should VarenGold Bank AG use them?
VarenGold Bank AG partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their VarenGold Bank AG clients' funds.
VarenGold Bank AG clients can have greater confidence in their financial security when working with a Tier 1 bank because VarenGold Bank AG are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.
What does it mean to have your funds in VarenGold Bank AG deposited in a Tier 1 bank?
Depositing funds with VarenGold Bank AG ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if VarenGold Bank AG were to go out of business unexpectedly.
Based on the information presented, it is safe to conclude that VarenGold Bank AG is a secure and safe platform.
Please be aware that trading in financial assets with VarenGold Bank AG carries a risk of loss. VarenGold Bank AG trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.
VarenGold Bank AG emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about VarenGold Bank AG, let's closely examine its features.
To better understand the VarenGold Bank AG trading platform, you can create two separate accounts - one with real money and the other a VarenGold Bank AG demo account. A VarenGold Bank AG demo account provides a risk-free environment for experimenting with the VarenGold Bank AG platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in VarenGold Bank AG trading decisions.
Open a demo account Visit VarenGold Bank AG
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How VarenGold Bank AG as a Company Compare Against Other Brokers
Broker | varengoldbankag | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Year Established | 2008 | 2007 | 2009 | 2007 |
Head Office | Germany | Australia | Belize | Cyprus, UK |
Regulation | Unregulated | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 |
Used By | 10,000+ VarenGold Bank AG users | 180,000+ IC Markets users | 1,000,000+ Roboforex users | 30,000,000+ eToro users |
Negative balance protection | Yes | Yes | Yes | |
Guaranteed Stop Loss | No | No | No | |
Learn More | Visit VarenGold Bank AG | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. |
VarenGold Bank AG review
VarenGold Bank AG Pros and Cons
VarenGold Bank AG review
VarenGold Bank AG Regulation and Licensing in more detail
The online broker VarenGold Bank AG is not regulated by well-known bodies, although it may seem legitimate. Limited financial regulation is common for new brokers or those operating under offshore licenses to save costs. However, trading with regulated brokers is highly recommended as they may provide protection and assistance in difficult situations. If you encounter issues with VarenGold Bank AG, you may not receive adequate help or recourse.
- Unregulated
Is VarenGold Bank AG Global?
Yes, VarenGold Bank AG is global as VarenGold Bank AG is available in over 194 countries.
VarenGold Bank AG is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries VarenGold Bank AG covers include the UK, Germany, South Africa, Thailand, the United States China and Australia. VarenGold Bank AG has a total of more than 10,000 users.
VarenGold Bank AG review
VarenGold Bank AG Fees Explained
- VarenGold Bank AG withdrawal fees varies on payment method
- VarenGold Bank AG does charge a fee for inactive accounts.
- VarenGold Bank AG does charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from VarenGold Bank AG are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.
VarenGold Bank AG Costs To Check
Modern brokers like VarenGold Bank AG provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, VarenGold Bank AG may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall VarenGold Bank AG trading profitability.
How VarenGold Bank AG Fees Compare Against Other Brokers
Broker | varengoldbankag | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Min Deposit | 250 | 200 | 10 | 100 |
Withdrawal Fees | varies | No | Yes | Yes |
Inactivity Fees | No | No | Yes | |
Deposit Fees | Varies | No | No | |
CFD Commission Fees | Yes | No | Yes |
VarenGold Bank AG Minimum Deposit
VarenGold Bank AG requires a minimum deposit of 250 GBP/USD/EUR when opening an VarenGold Bank AG trading account.
A minimum deposit is the minimum amount of money required by VarenGold Bank AG to open a new online brokerage account with them.
Don't be scared off by brokers like VarenGold Bank AG charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.
In the trading world, brokers like VarenGold Bank AG, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.
Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.
However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.
VarenGold Bank AG Withdrawal Fees
The fees for withdrawing funds from your VarenGold Bank AG account will differ depending on your chosen payment method. Reviewing the fees associated with each payment method before making your VarenGold Bank AG withdrawal request is important.
VarenGold Bank AG Withdrawal rules may vary across different brokers when it comes to transferring funds from your VarenGold Bank AG or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with VarenGold Bank AG may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.
In addition, currency conversion fees may apply if the VarenGold Bank AG withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from VarenGold Bank AG. Researching and comparing VarenGold Bank AG withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing VarenGold Bank AG funds frequently or dealing with large sums of money. Awareness of these VarenGold Bank AG fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your VarenGold Bank AG funds.
For example, VarenGold Bank AG allows you to withdraw your funds to Credit cards, Neteller.
VarenGold Bank AG Inactivity Fees
VarenGold Bank AG does charge a fee for inactive accounts.
When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by VarenGold Bank AG terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.
Make sure you're fully aware of all VarenGold Bank AG fees and services. It's recommended that you check the VarenGold Bank AG website before signing up. If you decide to close your VarenGold Bank AG account, it's important to do so with the VarenGold Bank AG broker customer support and obtain confirmation that no remaining VarenGold Bank AG fees are due.
Brokers like VarenGold Bank AG must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.
Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.
VarenGold Bank AG Deposit Fees
VarenGold Bank AG do charge deposit fees.
Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.
Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.
VarenGold Bank AG Commission Fees
VarenGold Bank AG does charge commission on CFD instruments.
Brokerage firms like VarenGold Bank AG may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the VarenGold Bank AG trading account level held by the trader.
VarenGold Bank AG may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing VarenGold Bank AG terms and conditions to understand the commission fees and any other charges that may apply is essential.
VarenGold Bank AG review
What can you trade with VarenGold Bank AG?
It's essential to note that the trading instruments offered under the VarenGold Bank AG brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the VarenGold Bank AG trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.
You can trade a wide variety of instruments with VarenGold Bank AG over 248 instruments in fact.
If you want to trade currency pairs on global Forex markets, VarenGold Bank AG offer over currency pairs.
VarenGold Bank AG Compared To Other Brokers
Compare VarenGold Bank AG with IC Markets and Roboforex below.
How VarenGold Bank AG Trading Options Compare Against Other Brokers
Broker | varengoldbankag | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Instruments Available | 248 | 2250 | 100 | 5000 |
Platforms | Desktop,Android,iPhone,Mac | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps |
FX / Currencies | ||||
Forex pairs offered | 61 | 35 | 50 | |
Major Forex pairs | No | Yes | Yes | Yes |
Minor Forex pairs | No | Yes | Yes | Yes |
Exotic Forex pairs | No | Yes | Yes | Yes |
Cryptocurrencies (availability subject to regulation) | No | Yes | No | Yes |
Commodity CFDs | ||||
Commodities Offered | 0 | 20 | 21 | 31 |
Metals | No | Yes | Yes | Yes |
Energies | No | Yes | No | Yes |
Agricultural | No | Yes | No | Yes |
Indiced & Stock CFDs | ||||
Stocks Offered | 2100 | 0 | 2042 | |
UK Shares | Yes | Yes | Yes | Yes |
US Shares | No | Yes | Yes | Yes |
German Shares | No | Yes | Yes | Yes |
Japanese Shares | No | Yes | Yes | Yes |
Risk Warning |
Visit VarenGold Bank AG
Your capital is at risk |
Visit IC Markets
Losses can exceed deposits |
Visit Roboforex
Losses can exceed deposits |
Visit eToro
76% of retail investor accounts lose money when trading CFDs with this provider. |
VarenGold Bank AG review
Trading on VarenGold Bank AG web platforms and other applications
VarenGold Bank AG provides traders with a modern custom platform that can be accessed through a browser-based web application. If you would rather see a MT4 brokers, or MT5 brokers you can do so here.
A VarenGold Bank AG iOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device.
VarenGold Bank AG also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.
See VarenGold Bank AG's platformsIs the VarenGold Bank AG Trading Platform Secure?
You should take the security of your personal information seriously and check SSL encryption is enabled on the VarenGold Bank AG trading platform to protect you on PC and mobile VarenGold Bank AG platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using VarenGold Bank AG web trading platforms.
VarenGold Bank AG Trading Platform Options
VarenGold Bank AG does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.
VarenGold Bank AG offers its custom trading platform developed and tested in-house. The VarenGold Bank AG trading platform allows traders to track their portfolios and the current markets, locate trade ideas and place trades.
The VarenGold Bank AG platform allows traders to filter the financial marketplace for trade opportunities that match criteria.
With VarenGold Bank AG, you can examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the VarenGold Bank AG platform, including news and quotes. Discover possible trades with the strong charting tools found with VarenGold Bank AG. VarenGold Bank AG is available as downloadable applications or online through the cloud. Monitor your orders with VarenGold Bank AG and receive breaking news in your positions.
VarenGold Bank AG Trading benefits
- VarenGold Bank AG Offers STP
- VarenGold Bank AG Low min deposit
VarenGold Bank AG Trading Accounts Offered
Below we give an overview of the account types that VarenGold Bank AG offer. Whatever you are looking to trade, the varying VarenGold Bank AG account types will be able to provide you with what you need.
- Micro account
- VarenGold Bank AG Swap-Free account
- VarenGold Bank AG ECN account
- VarenGold Bank AG STP account
Can I try VarenGold Bank AG?
VarenGold Bank AG provides a demo account that enables individuals to explore trading before investing their funds. By creating a VarenGold Bank AG practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the VarenGold Bank AG demo account can help individuals to make informed decisions before investing their money.
Open a demo VarenGold Bank AG account to practice and trade.
Your capital is at risk
VarenGold Bank AG withdrawal and funding methods
It's essential to remember that the payment methods provided by VarenGold Bank AG vary based on the VarenGold Bank AG entity and the VarenGold Bank AG client's country of residence. To view the VarenGold Bank AG payment options available, you can log into your VarenGold Bank AG member's area.
VarenGold Bank AG offers various funding payment methods listed in your VarenGold Bank AG dashboard if available in your region. To learn more about the VarenGold Bank AG funding and withdrawal options available in your area, you can explore the VarenGold Bank AG website.
VarenGold Bank AG provides several payment methods for funding your VarenGold Bank AG account. You may utilize any of these deposit options if they are available in your region. VarenGold Bank AG ensures that users have multiple payment methods to choose from, making it more convenient for verified VarenGold Bank AG account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the VarenGold Bank AG user's location. learn more about VarenGold Bank AG funding and withdrawal methods.VarenGold Bank AG Payment Methods
Some VarenGold Bank AG payment methods are local and are available only to specific regions. VarenGold Bank AG account holders should check which payment methods are provided in your region.- VarenGold Bank AG accepts Credit cards
- VarenGold Bank AG accepts Neteller
Broker | varengoldbankag | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Bank transfer | No | Yes | Yes | Yes |
Credit Cards | Yes | Yes | Yes | Yes |
Paypal | No | Yes | No | Yes |
Skrill | No | Yes | Yes | Yes |
Payoneer | No | No | Yes | No |
Neteller | Yes | Yes | Yes | Yes |
*please note available VarenGold Bank AG and other broker payment methods depend on the clients country of residence.
How can I start trading with VarenGold Bank AG?
To open a trading account with VarenGold Bank AG, individuals can sign up on the VarenGold Bank AG website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.
The next step involves submitting identification documents for VarenGold Bank AG account validation and making a deposit. Once completed, VarenGold Bank AG users can download the trading platform of their choice.
It's important to note that VarenGold Bank AG requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps VarenGold Bank AG maintain a trustworthy financial environment for its 10,000 users. Detailed information on the VarenGold Bank AG trading platforms is available on their website.
Your capital is at risk
Performing trades with VarenGold Bank AG
When using VarenGold Bank AG, the minimum trade size is typically varies units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. VarenGold Bank AG have a max trade of varies. With the ECN and STP execution methods offered by the platform, traders using VarenGold Bank AG can enjoy tighter spreads and greater transparency when it comes to the pricing of their trades.
Like other brokers, VarenGold Bank AG margin requirements can differ depending on the traded instrument.
CFD Trading on VarenGold Bank AG
We will show you an example of the basics of using VarenGold Bank AG leverage.
CFD trading on VarenGold Bank AG allows traders to speculate on the price movements of various financial instruments against the broker VarenGold Bank AG, without actually owning real assets. With CFDs, VarenGold Bank AG traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.
VarenGold Bank AG provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.
The effect of leverage on profits and losses magnifies them in both directions. In other words, VarenGold Bank AG leverage profits and losses are magnified when trading. For instance, using CFDs, you use the VarenGold Bank AG trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.
On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, VarenGold Bank AG leverage magnifies both profits and losses in trading.
Trading CFD trades on the VarenGold Bank AG platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.
Experienced VarenGold Bank AG traders can trade high risk CFD trades to hedge items in their portfolio.
Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Your capital is at risk
Education Resources at VarenGold Bank AG
To trade effectively with VarenGold Bank AG, it's important to have a good understanding of the VarenGold Bank AG trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with VarenGold Bank AG and externally.
VarenGold Bank AG . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with VarenGold Bank AG. Familiarizing yourself with the VarenGold Bank AG trading platform is crucial to use it effectively.
While learning, you can also use global trading times to practice making live buy or sell trades using VarenGold Bank AG. This hands-on experience can help you gain confidence and become more comfortable with trading.
Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with VarenGold Bank AG involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.
Learning about the financial markets, trading platforms like VarenGold Bank AG, and risk management techniques can help you become a more confident and successful trader.
Take an analytical approach to trading with VarenGold Bank AG. Explore the VarenGold Bank AG platform and train yourself to think systematically and logically about the markets.
While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with VarenGold Bank AG, before live trading.
Customer Support at VarenGold Bank AG
As part of our VarenGold Bank AG review, we review customer service options, response times and problem resolution effectiveness on the VarenGold Bank AG trading platform. The VarenGold Bank AG trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.
VarenGold Bank AG Available Support Types
VarenGold Bank AG have a B grade support rating because sometimes the response was slow or they didn't answer our query. VarenGold Bank AG offer email support and supports a limited amount of Languages. Phone support supports a limited amount of Languages.
Livechat Support at VarenGold Bank AG
VarenGold Bank AG does not offer LiveChat Support.
Email Support at VarenGold Bank AG
Our experience with VarenGold Bank AG email support was mixed. We sent 25 emails at varying times, and the fastest response was less than 50 minutes, but the slowest response took 2 days. However, the team successfully resolved and answered our queries. It's important to note that support response times may vary for you with VarenGold Bank AG.
Phone Support at VarenGold Bank AG
During our testing, we contacted VarenGold Bank AG by phone and were pleased with the quick response time of less than 10 minutes.
Their phone support team was able to successfully address our inquiries and concerns, and we tested their multilingual support by communicating in various languages. VarenGold Bank AG made an effort to ensure our questions were answered.
Overall, our experience with VarenGold Bank AG's phone support was average.
See how VarenGold Bank AG Support Compares Against Other Brokers
Broker | varengoldbankag | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Support |
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Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian |
Learn More | Visit VarenGold Bank AG | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. |
What you will need to open an account with VarenGold Bank AG
As VarenGold Bank AG is regulated by Unregulated.
As a new client of VarenGold Bank AG, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with VarenGold Bank AG in your region. During the VarenGold Bank AG account opening process, you will be asked to provide VarenGold Bank AG with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.
When registering with VarenGold Bank AG have the following documents available.
- VarenGold Bank AG require a scanned colour copy of your passport, driver's license or national ID card.
- A recent utility bill or bank statement that confirms your residential address for VarenGold Bank AG compliance. This must be dated within the last six months.
- If you plan to fund your VarenGold Bank AG account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the VarenGold Bank AG platform.
It's worth noting that the expiration date of the proof of address document may differ for different entities under VarenGold Bank AG Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring VarenGold Bank AG's platform.
However, remember that you won't be able to make trades on VarenGold Bank AG until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the VarenGold Bank AG KYC compliance process as soon as possible to avoid any delays in accessing the VarenGold Bank AG platform's features.
It is important to note that VarenGold Bank AG may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the VarenGold Bank AG platform and features immediately. However, you must pass the verification process to start live trading with VarenGold Bank AG, which can take up to a few business days.
To start the process of opening an account with VarenGold Bank AG you can visit the VarenGold Bank AG trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.
CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.varengold.de/ on March 25, 2024.
Is VarenGold Bank AG A Good Broker?
We have spent over 5 years examining VarenGold Bank AG in depth. Although we found some very useful aspects of the VarenGold Bank AG platform that would be useful to some traders. We feel that a alternative to VarenGold Bank AG may better suit you.
- VarenGold Bank AG have a good track record of offering Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing.
- VarenGold Bank AG has a history of over 16 years.
- VarenGold Bank AG has a reasonable sized customer support of at least 10.
- VarenGold Bank AG are regulated by the Unregulated. VarenGold Bank AG is subject to strict regulatory oversight from its respective jurisdiction, which holds VarenGold Bank AG (the broker) accountable for misconduct. This regulatory framework helps ensure that VarenGold Bank AG operates fairly and transparently and provides VarenGold Bank AG customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and VarenGold Bank AG.
- VarenGold Bank AG have regulation from reputable regulators.
- One of the advantages of using VarenGold Bank AG is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from VarenGold Bank AG are particularly important as VarenGold Bank AG traders want to receive their money quickly. With the efficient VarenGold Bank AG payment processing system, traders can enjoy faster access to their VarenGold Bank AG funds.
- VarenGold Bank AG have an international presence in multiple countries. Including local VarenGold Bank AG seminars and training.
- VarenGold Bank AG can hire people from various locations in the world who can better communicate in your local language.
VarenGold Bank AG Risk Disclosure
Your capital is at risk
Trading Risk Disclaimer
Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.
You will be exposed to a high risk of loss regarding leverage and margin-based trading.
Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.
It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.
Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.
VarenGold Bank AG not quite right?
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VarenGold Bank AG review
VARENGOLD BANK AG Frequently Asked Questions
Read our detailed VarenGold Bank AG FAQ Section updated for 2024.
Can I try VarenGold Bank AG?
VarenGold Bank AG do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here
What funding methods do VarenGold Bank AG accept?
Please note that the list of payment methods below depends on the VarenGold Bank AG Entity and the client's Country of Residence.
VarenGold Bank AG offer the following funding payment methods Credit cards, Neteller, among other payment methods.
Learn more here
Is VarenGold Bank AG safe?
VarenGold Bank AG have over 10,000 users. While VarenGold Bank AG may not be considered unsafe, they are not regulated or supervised by any major regulatory body. Depending on your trading style this may be okay. We recommend you trade with a regulated broker.Any payments funded to VarenGold Bank AG accounts by traders are held in a segregated bank account. For added security,VarenGold Bank AG use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with VarenGold Bank AG is risky, and because the market is so volatile, losses could happen at any time. Do not invest with VarenGold Bank AG unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Your capital is at risk
Is VarenGold Bank AG trading good?
VarenGold Bank AG is considered good and reputable to trade with VarenGold Bank AG. VarenGold Bank AG is used by over 10,000 traders and VarenGold Bank AG users. VarenGold Bank AG offers Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. Minimum deposit with VarenGold Bank AG is 250.
Is VarenGold Bank AG trading Legit?
VarenGold Bank AG was founded in Germany in 2008. VarenGold Bank AG has been facilitating trade on the financial markets for over 16 years. VarenGold Bank AG offers clients Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. All funds deposited to VarenGold Bank AG are held in segregated bank accounts for security. VarenGold Bank AG is not regulated. Although this doesn't mean VarenGold Bank AG are awful, we recommend trading with regulated brokers.
Is VarenGold Bank AG a good broker?
VarenGold Bank AG allows Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. VarenGold Bank AG is overseen by the top tier financial regulators Unregulated so can be considered a good broker.
Is VarenGold Bank AG trustworthy broker?
Despite any potential benefits associated with VarenGold Bank AG, it is important to exercise caution when considering trading with an unregulated broker. Only trade with regulated brokers who adhere to strict industry standards and regulations. A regulated broker ensures that any funds you deposit are separate from the broker's operating funds in segregated bank accounts. A well-regulated broker cannot directly access your funds, providing added security and peace of mind. Therefore, before choosing a broker like VarenGold Bank AG, check their regulatory status and ensure that money is held in a segregated account to mitigate any risks associated with unregulated trading.
What is the minimum deposit for VarenGold Bank AG?
The minimum deposit to trade with VarenGold Bank AG is 250.
How long do VarenGold Bank AG withdrawals take?
Withdrawing money from VarenGold Bank AG processing time varies depending on the method but averages 1-5 days.
Is VarenGold Bank AG regulated?
VarenGold Bank AG is not regulated by a top tier financial regulator.
Is VarenGold Bank AG a market maker?
VarenGold Bank AG is not a market maker. A market maker speeds up trading as a market maker will purchase or sell your stocks and commodities even if a buyer or seller is not lined up.
How can I start trading with VarenGold Bank AG?
When opening a trading account with VarenGold Bank AG, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on VarenGold Bank AG trading platforms, you can follow the link provided below: Learn more about signing up with the VarenGold Bank AG trading platform here. This will provide useful information and insights into the various trading platforms offered by VarenGold Bank AG, enabling you to make an informed decision about which platform to choose for your trading needs.
Is my money safe with VarenGold Bank AG?
Yes your money is safe with VarenGold Bank AG.
Overall, strict financial regulation is essential for ensuring that trading platforms like VarenGold Bank AG operate fairly, transparently, and responsibly, which ultimately benefits all VarenGold Bank AG stakeholders involved.
Trading platforms like VarenGold Bank AG must have strict financial regulation for several reasons:
- Protecting VarenGold Bank AG Investors: Strict financial regulation ensures that investors who use the VarenGold Bank AG trading platform are protected against fraudulent or unethical behavior by the VarenGold Bank AG platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the VarenGold Bank AG platform.
- Maintaining VarenGold Bank AG Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the VarenGold Bank AG trading platform. Regulatory procedures reduce the likelihood of the VarenGold Bank AG platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
- Enhancing VarenGold Bank AG Transparency: Regulations require trading platforms like VarenGold Bank AG to maintain detailed records and disclose VarenGold Bank AG client information. Financial regulatory requirements enhances transparency and helps to build trust between the VarenGold Bank AG platform and its investors.
VarenGold Bank AG is regulated by the Unregulated. When selecting a broker such as VarenGold Bank AG, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, VarenGold Bank AG ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like VarenGold Bank AG.
Is VarenGold Bank AG a con?
While we would not say that VarenGold Bank AG is a con. Because a top tier financial regulator does not regulate them, we would not trade with them.
Can you make money with VarenGold Bank AG?
Although traders have had great success with VarenGold Bank AG, trading on the financial markets with VarenGold Bank AG is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.
Does VarenGold Bank AG have fees?
VarenGold Bank AG withdrawal fees vary on payment method.VarenGold Bank AG does charge a fee for inactive accounts. VarenGold Bank AG do charge deposit fees.
When was VarenGold Bank AG founded?
VarenGold Bank AG was founded in 2008.
How many people use VarenGold Bank AG?
VarenGold Bank AG is used by over 10,000 registered VarenGold Bank AG users.
What is VarenGold Bank AG Headquarters country?
VarenGold Bank AG has its head quarters office in Germany .
Does VarenGold Bank AG offer negative balance protection?
VarenGold Bank AG does not offer negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.
Does VarenGold Bank AG offer guaranteed stop loss?
VarenGold Bank AG does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does VarenGold Bank AG allow scalping?
VarenGold Bank AG does not offer scalping.
Does VarenGold Bank AG allow hedging?
VarenGold Bank AG does not offer hedging.
Does VarenGold Bank AG offer CFD trading?
VarenGold Bank AG offers CFD trading.
Does VarenGold Bank AG offer STP?
VarenGold Bank AG offers STP trading.
How many people use VarenGold Bank AG?
VarenGold Bank AG is used by over 10000 VarenGold Bank AG users and traders.
Is VarenGold Bank AG an ECN broker?
VarenGold Bank AG offers ECN trading.
Does VarenGold Bank AG offer a demo account?
VarenGold Bank AG does not offer demo account.
Does VarenGold Bank AG offer an Islamic account?
VarenGold Bank AG does not offer Islamic accounts.
What are the funding methods for VarenGold Bank AG?
Please note that funding methods and options available with VarenGold Bank AG can be found in the VarenGold Bank AG Members area and depend on the VarenGold Bank AG client’s country of residence. Please check your specific available payment methods on the VarenGold Bank AG website. VarenGold Bank AG accept the following funding methods : Credit cards, Neteller.