Regarding the legitimacy of VARCHEV forex brokers, it provides FCA and WikiBit, (also has a graphic survey regarding security).
Is VARCHEV safe?
Rating Index
Software Index
License
FCA Revoked 
Is VARCHEV markets regulated?
The regulatory license is the strongest proof.
FCA European Authorized Representative (EEA)
Financial Conduct Authority
Financial Conduct Authority
Current Status:
RevokedLicense Type:
European Authorized Representative (EEA)
Licensed Entity:
Varchev Finance Ltd
Effective Date:
2008-12-31Email Address of Licensed Institution:
info@varchev.com53748:
No SharingWebsite of Licensed Institution:
www.varchev.comExpiration Time:
--Address of Licensed Institution:
25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ， 18 Shipka STr OFFice 102 Varna 9000 BULGARIAPhone Number of Licensed Institution:
+359 52634040Licensed Institution Certified Documents:
VARCHEV Similar Brokers Safe
Whether it is a legitimate broker to see if the market is regulated; start investing in Forex App whether it is safe or a scam, check whether there is a license.
VARCHEV latest industry rating score is 2.20, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. 2.20 If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.