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VARIANSE Forex broker specializes in providing foreign exchange trading services, the company's official website https://clients.neur..., the company's legitimate regulatory information United KingdomFCAStraight Through Processing (STP), MalaysiaLFSAStraight Through Processing (STP) to enhance the security of the company's address 20 North Audley Street, Mayfair, London, W1K 6LX, United Kingdom

VARIANSE Forex Broker

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
VDX Ltd
Abbreviation
VARIANSE
Company employee
--
Customer Service Email Address
support@varianse.co.uk
Contact Number
+4402034752285
Company Website
Company address
20 North Audley Street, Mayfair, London, W1K 6LX, United Kingdom
Keywords
5-10 years
Suspicious Regulatory License
White label MT4
cTrader
High potential risk

Company profile

VARIANSEReview SummaryFounded5-10 yearsRegistered Country/RegionUnited KingdomRegulationRegulated by FCA (suspicious clone)Market InstrumentsCrypto, forex, energy, indices, metals, and equitiesDemo Account/LeverageUp to 1:500SpreadFrom 0 pipTrading PlatformCTrader, MT4, and FIX APIMin Deposit$500Customer SupportPhone: +44 (0) 203 475 2285Email: support@varianse.co.ukAddress: 20 North Audley Street, Mayfair, London, W1K 6LX, United KingdomOnline live chat availableVARIANSE Information VARIANSE is a brokerage firm established 5-10 years ago and registered in the United Kingdom. It offers six trading products, three account types, and three trading platforms. However, it has a suspicious clone regulatory status, provides leverage of up to 1:500, and requires a minimum deposit of $500.Pros and ConsProsConsOffers six trading productsSuspicious clone regulatory statusProvides three account typesLeverage of 1:500Offers three trading platformsMinimum deposit of $500Is VARIANSE Legit ? VARIANSE, operating under the name VDX Limited, is regulated by the Financial Conduct Authority (FCA) of the United Kingdom with license number 802012. However, its regulatory status is suspicious clone.What Can I Trade on VARIANSE? VARIANSE offers six types of trading products, including Crypto, forex, energy, indices, metals, and equities.Tradable InstrumentsSupportedCrypto✔Forex✔Energy✔Indices✔Metals✔Equities✔Account Type VARIANSE offers three types of accounts: Classic Account, ECNpro Account and Prime Account.FeaturesClassic AccountECNpro AccountPrime AccountSpreadsFrom 1 pipFrom 0 pipsFrom 0 pipsCommission (FX/Metals)No commission$3.50 per lot per sideNegotiableCommission (CFD)Oil: 0, Indices: 0.5/lot per side, Equities: 0.1% ($10 min), Crypto: 0.07%Oil: 0, Indices: 0.5/lot per side, Equities: 0.1% ($10 min), Crypto: 0.07%Oil: 0, Indices: 0.5/lot per side, Equities: 0.1% ($10 min), Crypto: 0.07%Maximum Leverage1:5001:500NegotiableMinimum Deposit$500$5,000$50,000Leverage VARIANSE offers a maximum leverage of 1:500 for both the Classic and ECNpro accounts. For the Prime account, leverage is negotiable.VARIANSE Fees VARIANSE offers different fee structures across its account types. The Classic Account has no commission for FX/Metals, with spreads starting from 1 pip. The ECNpro Account charges a commission of $3.50 per lot per side for FX/Metals, with spreads starting from 0 pips. The Prime Account also offers zero spreads but has negotiable commission rates. For CFDs, all account types have the same fees: Oil is free, Indices incur a charge of 0.5 per lot per side, Equities are charged 0.1% (minimum $10), and Crypto is charged at 0.07%.Trading Platform VARIANSE offers three trading platforms: cTrader, MT4, and FIX API.Trading PlatformSupportedAvailable DevicesSuitable forcTrader✔Web and MobileExperienced TraderMT4✔Mobile and Desktop(Windows & macOS)BeginnerFIX API✔/Experienced TraderDeposit and Withdrawal VARIANSE requires a minimum deposit of $500 to open a trading account. Available deposit methods include bank wire transfer, credit/debit cards, cryptocurrencies (BTC, ETH, USDT, etc.), and e-wallets, with deposit processing typically completed on the same day. The maximum daily deposit is unlimited, and transaction fees vary: 1.5% for credit/debit cards, 1% for cryptocurrency deposits, and 3.9% for e-wallet deposits. The minimum withdrawal amount is $100, and withdrawals usually take 1 to 3 working days to process. Currency conversion fees of 2% apply to deposits, withdrawals, and internal transfers involving different currencies.

Rating Index

Prime

Minimum Deposit
$50,000

ECNpro

Minimum Deposit
$5,000
How to login to VARIANSE?
varianse Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a varianse Account Registering for a varianse account is a straightforward process that allows you to access a wide range of trading services. Follow these detai

  

Varianse Forex Broker - Complete Information Guide

  

1. Broker Overview

  Varianse, established in 2015, is a prominent forex and CFD broker headquartered in London, United Kingdom, with additional offices in Mauritius and Malaysia. The company operates under the ownership of VDX Ltd., a private entity focused on providing advanced trading solutions to retail and institutional clients. Since its inception, Varianse has aimed to revolutionize the trading experience by leveraging cutting-edge technology and offering a wide range of financial instruments.

  Varianse primarily serves a global clientele, providing access to various markets including forex, commodities, indices, and cryptocurrencies. Over the years, the broker has achieved several milestones, including recognition for its innovative trading services and a commitment to transparency and client satisfaction. As a broker, Varianse's business model emphasizes retail forex trading, offering services that cater to both novice and experienced traders.

  The Varianse broker operates with a clear vision to enhance trading efficiency and client engagement, making it a notable player in the financial markets.

  

2. Regulation and Compliance Information

  Varianse is regulated by several reputable authorities, ensuring a high level of compliance and client protection. The primary regulatory bodies overseeing Varianse include:

  • Financial Conduct Authority (FCA), UK
  • License Number: 802012
  • Financial Services Commission (FSC), Mauritius
  • License Number: C118023323
  • Labuan Financial Services Authority (LFSA), Malaysia
  • License Number: MB/20/0051

  These licenses affirm Varianse's adherence to strict financial standards and regulations. The broker is committed to maintaining the integrity of its operations, ensuring that clients' funds are held in segregated accounts with Barclays Bank, thereby safeguarding against any potential financial mishaps.

  Varianse implements robust Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to comply with regulatory requirements. This includes verifying clients' identities and monitoring transactions for suspicious activity, which further enhances the safety of the trading environment.

  The combination of stringent regulatory oversight and a commitment to best practices in client fund management positions Varianse as a trustworthy broker within the industry.

  

3. Trading Products and Services

  Varianse offers a diverse range of trading products, catering to various trading strategies and preferences. The broker provides access to over 200 trading instruments, including:

  • Forex Pairs: Varianse supports a wide selection of currency pairs, including major, minor, and exotic pairs. This allows traders to capitalize on global currency movements.
  • CFDs: The broker offers Contracts for Difference on various asset classes, including:
  • Indices: Access to global indices such as the S&P 500 and FTSE 100.
  • Commodities: Trading opportunities in precious metals like gold and silver, as well as energy commodities like oil.
  • Cryptocurrencies: Varianse allows trading in popular cryptocurrencies, providing exposure to the burgeoning digital asset market.

  Additionally, Varianse features unique products like custom forex baskets and trade-weighted indices, which enable traders to explore innovative trading strategies. The broker continually updates its product offerings to meet the evolving needs of the market.

  Varianse's services are designed for both retail and institutional clients, with a focus on providing competitive trading conditions and a broad spectrum of instruments.

  

4. Trading Platforms and Technology

  Varianse provides its clients with access to two of the most popular trading platforms in the industry:

  • MetaTrader 4 (MT4): Known for its user-friendly interface and advanced charting capabilities, MT4 is widely used by forex traders. It supports automated trading through Expert Advisors (EAs) and offers a plethora of technical indicators and tools for market analysis.
  • cTrader: This platform is designed for traders who require advanced order execution and real-time market data. cTrader features a modern interface, depth of market functionality, and built-in algorithmic trading capabilities, making it suitable for active traders and scalpers.

  Both platforms are accessible on desktop, web, and mobile devices, allowing traders to manage their accounts and execute trades from anywhere. Varianse employs a Straight Through Processing (STP) model, ensuring fast and transparent order execution with no dealing desk intervention.

  The broker also offers API access for automated trading solutions, enabling clients to integrate their trading strategies seamlessly into the platform.

  

5. Account Types and Trading Conditions

  Varianse provides several account types to accommodate different trading styles and investment levels. The available accounts include:

  •   Classic Account:

  •   Minimum Deposit: $500

  •   Spreads: From 1 pip

  •   Commission: None

  •   Leverage: Up to 1:400

  •   Instruments Offered: Over 100

  •   ECN Pro Account:

  •   Minimum Deposit: $5,000

  •   Spreads: From 0 pips

  •   Commission: $3.50 per lot

  •   Leverage: Up to 1:400

  •   Instruments Offered: Over 100

  •   Prime Account:

  •   Minimum Deposit: $50,000

  •   Spreads: Variable, starting from 0 pips

  •   Commission: Based on trading volume

  •   Leverage: Up to 1:200

  •   Instruments Offered: Over 60

  Additionally, Varianse offers a demo account for traders to practice their strategies without any financial risk. The minimum trade size across accounts starts at 0.01 lots.

  The broker's leverage options vary based on the account type and regulatory jurisdiction, allowing for flexibility in trading strategies.

  

6. Fund Management

  Varianse supports multiple funding methods for both deposits and withdrawals, ensuring convenience for its clients. The available deposit methods include:

  • Bank Transfers
  • Credit/Debit Cards (Visa, Mastercard)
  • E-Wallets (Skrill, Neteller)
  • Cryptocurrencies

  The minimum deposit requirement is $500 for the Classic account, while higher deposits are required for ECN Pro and Prime accounts. Deposits are processed quickly, typically within the same day if made during business hours.

  Withdrawals can be made using the same methods as deposits, although fees may apply, such as £5 for credit card withdrawals and £30 for bank transfers. The withdrawal processing time generally ranges from 1 to 3 business days, depending on the method used.

  Varianse emphasizes transparency regarding its fee structure, ensuring that clients are aware of any potential costs associated with their transactions.

  

7. Customer Support and Educational Resources

  Varianse offers a range of customer support channels to assist traders with their inquiries. Support options include:

  • Email Support: Available for general inquiries.
  • Phone Support: Clients can reach out during business hours.
  • Live Chat: Accessible on the website for immediate assistance.

  Customer support is available from 9:00 AM to 6:00 PM GMT, Monday to Friday, providing timely assistance to traders. While Varianse does not offer 24/7 support, its live chat feature allows for quick responses during operational hours.

  In terms of educational resources, Varianse provides basic materials such as FAQs and articles on trading strategies. However, the broker lacks comprehensive educational programs, which may limit support for novice traders seeking in-depth knowledge.

  Market analysis services are also limited, with no dedicated tools for fundamental or technical analysis provided by the broker.

  

8. Regional Coverage and Restrictions

  Varianse operates in over 100 countries, making its services accessible to a diverse clientele. The broker has established a strong presence in regions such as the United Kingdom, Malaysia, and Mauritius.

  However, there are certain restrictions in place. Notably, Varianse does not accept clients from the United States and several other jurisdictions due to regulatory limitations. This geographic coverage allows Varianse to cater to a wide range of traders while adhering to local laws and regulations.

  In summary, Varianse is a well-regulated broker that offers a variety of trading instruments, competitive trading conditions, and advanced technology. While it has strengths in execution speed and product offerings, potential clients should consider its limitations in educational resources and customer support availability. Overall, Varianse presents a viable option for both retail and institutional traders looking to engage in the forex and CFD markets.

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Latest Reviews

Taraquan

Taraquan

Peru

Very impressed with the speed with which help was offered when I asked for it. The quality of the help was excellent and I was treated as a valued customer throughout despite being a complete novice.

Positive

2024-06-21

美74852

美74852

United States

This company looks good, the minimum deposit is only 500, and it provides the MT4 platform that I like. But I noticed that its FCA regulatory license is a clone, and I went to the FCA official website to check that it is indeed the case. terrible!

37130

2023-02-17

VARIANSE Forex Broker has an overall rating of 2.42, Regulatory Index 0.00, License Index 0.00, Business Index 7.38, Software Index 9.74 Risk Control Index 0.00.