Varianse is an online forex and CFD broker that was founded in 2015 in London by a team of experienced professionals in the financial markets and trading technology fields. The broker deploys modern technologies to offer a secure and affordable online trading environment for their clients. They give clients access to trade spot forex, indices, indices, energies, and metals on the MT4 platform.
Varianse operates the straight-through processing (STP) brokerage model. The pricing and liquidity is sourced from over 20 top tier institutional liquidity providers. They offer lightning speed trade executions with minimal requotes.
Varianse Review Introduction
In this Varianse review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Varianse.
Varianse Platforms & Tools
Varianse provides traders with the MetaTrader 4 trading platform. MT4 is popular and has numerous built-in trading tools and features, as well as a user-friendly interface. The platform is equipped with tools for analysis, order management, and swift trade executions.
The Varianse MT4 platform is available as a desktop application for Windows and Mac computers and mobile apps that are compatible with iOS and Android devices. The mobile app is downloadable from the relevant app stores, and it allows traders to manage their accounts and place trades from anywhere.
There is also the Maxx Trader, a platform that is designed for clients to trade directly with liquidity providers. It is only available to Prime Account holders and has the following features:
- Advanced risk management tools
- Shows the full market depth and volumes
- STP execution and order routing
- Advanced order types including stop loss, trailing stop, OCO and more
- Multiple execution types including market, IOC limit and more
- Incorporated real-time reporting
Varianse traders are also provided additional trading tools, such as FIX API solution, Virtual Private Server (VPS), MetaStock XENITH, MAM Accounts, and more.
Varianse Research & Education
There are no educational materials on the broker’s website at the moment.
Varianse Trading Accounts
Varianse offers traders a variety of trading accounts to suit their trading skills and strategies on the MT4 platform. They include:
- Classic Account: It has a required minimum deposit of $500. Spreads start from 1 pip and no commissions are charged.
- ECN PRO Account: It has spreads that start from 0 pips with a commission of $3.5 per lot. The minimum required deposit is $5,000.
- Prime Account: This account is accessible on the MT4 and Maxx Trader platforms. The spreads start from just 0 pips, and a commission of $2 per lot is charged on trades. A minimum balance of $50,000 is required to operate this account type.
Islamic Accounts are available upon request; they are swap free and comply with the sharia law. Demo accounts are free and preloaded with virtual funds for practicing trading without any real risks.
Varianse Account Funding
The following payment methods are available at Varianse: bank wire transfer, online payments (Skrill, Uphold, and SOFORT); Credit/Debit cards, and China UnionPay. Some transactions may take 3-5 business days to process, whereas others can be instant depending on the payment method used.
Varianse Customer Service
The Varianse customer support team is available from 9:00 to 18:00 GMT, Monday to Friday. They can be contacted through email, phone, and instant web chat.
Varianse is the trading name of VDX Ltd, a financial investment firm registered in the UK. It is authorized and regulated by the Financial Conduct Authority (FCA). The registration number is 802012.
Varianse Review Summary
Varianse is a regulated online brokerage that utilizes innovative technologies in providing online forex trading services. They offer competitive spreads and fees with a choice of powerful platforms.
It is worth mentioning that some of the trading products and services in this Varianse review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the Varianse broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.