Varianse.com Review

4.083 · 6 REVIEWS

VDX Ltd

Updated: Apr 28, 2022 · Visit site  · Is this your company?

Varianse is a forex broker. Varianse offers the MetaTrader 4 and MT Mobile forex trading top platforms. Varianse.com offers over 55 currency pairs, Indices, Energy and Futures for your personal investment and trading options.

Varianse.com

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 30:1
Minimum Deposit: $500
Established: Unknown
Address: 4 Lombard Street Bank London, EC3V 9HD, United Kingdom
Customer Service: service@varianse.com, +44 (0) 203 475 2285
Regional offices:
Regulations: FCA #802012
Prohibited countries: Unknown
Trading platforms: MT4
Mobile Trading: ✅ Yes
ECN: ✅ Yes

Trading Instruments

Currencies: (55+)
Cryptocurrencies:
CFD: (15+) Gold, Silver, Stock Indexes, Oil, Other Commodities

Trading Conditions

EAs/Robots: ✅ Yes
News Spike Trading: ✅ Yes
Scalping: ✅ Yes

Managed Accounts & Social Trading

MAM: ✅ Yes
Deposit Methods: Bank Wire (Bank Transfer), VISA, MasterCard, Skrill, SOFORT, UnionPay, Uphold
Withdrawal Methods: Bank Wire (Bank Transfer), VISA, MasterCard, Skrill, Uphold

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4.083 · 6 REVIEWS
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Traders Reviews

Germany, Germany,
Nov 28, 2021,
Registered user

a little too dangerous

Service use: Live

Length of use: 0-3 Months

Varianse has the potential to be a good broker. They are well regulated. Spreads and commissions are average. Customer service is ok.
It's a little expensive to withdraw money, so pretty much made for larger accounts.

There is, however, one deadly issue that is a deal breaker. They have HUGE price spikes on some assets (I have a number of screenshots, but not sure how to upload them here).
As an example, the bid/ask spread on XAUUSD on Nov. 26 (the time I'm writing this) is 1685 / 1823 !!!! That's more than an 8% price gap. Definitely doesn't work with leveraged trading (not to mention stop triggers).. and the price did flash drop from 1800 to 1680's towards the end of the day (but not with any other broker I know of).
They say they are not market makers and pass on the orders to liquidity providers, but if a liquidity provider can't provide liquidity, they should find someone who can!

Just too dangerous to trade with any sort of leverage here.
 
Italy, Italy,
Feb 22, 2021,
Registered user

Good one

Service use: Live

Length of use: 0-3 Months

True ECN, not like many others brokers. The liquidity is good and also the service. One of best here
  1 trader has found this review helpful
Charlie,
East, United Kingdom,
Mar 30, 2019,
Guest

Great well regulated broker. Give them a try.

Great broker for UK clients as they have a great tax free spread betting setup, trades are made with lot sizes rather than £ per pip. Great execution with plenty of positive slippage in my case. No issues using EAs and can get <2ms with € 6 per mo. Aruba VPS. Funds are protected up to £ 50,000 by UK Government. They have a client portal where fee-less withdrawals are processed in hours and funds can be transferred between accounts and demo accounts can be created in seconds. They let me split my £ 50k deposit between 5 accounts and keep Prime benefits, while also allowing me to use 0.01 lot increment trades rather than the minimum 0.1 lot trades, just had to ask. My only quibble is the 1:30 leverage but that has nothing to do with Varinase, maybe that will change if the UK ever manage to free themselves from the EU.
  1 trader has found this review helpful
Belgium,
Oct 16, 2018,
Registered user

The most expensive and all the worst brokers bypass the law through their company in Australia.
Have no complaints handling and get their customers through third call centers.
In the end, almost everyone loses their money in the foreign exchange market.
Think carefully about where you start
  1 trader has found this review helpful
BA, Slovakia,
Jun 13, 2018,
Registered user

Very good broker with many additional tools for traders. I trade in this broker also news trading and sllipage is not to big.
Thanx
  1 trader has found this review helpful

Frequently Asked Questions

What is Varianse?

Varianse is an online forex broker. Varianse offers following assets to be traded on MetaTrader 4 and MaxxTrader.

  • Forex
  • Indices
  • Energy
  • Metals

Is Varianse regulated?

VARIANSE is a trading name of VDX Ltd, authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom under FCA Register No. 802012.

What is Varianse's maximum leverage?

The maximum offered by Varianse varies depending the category of traders.

  • Retail traders: 30:1
  • Professional traders: 400:1

What is the minimum deposit for Varianse?

The minimum deposit to open an account in Varianse depends on the account type.

  • Classic account is $500
  • ECNPro account is $5,000
  • Prime account is $50,000