Feedback Form

Brokers › All Brokers › Varengold Bank FX ›

Reviews

Average Customer Rating: (based on 9 reviews)

(3.7 stars vs. 3.4 category average)

Write a Review

(3)

(4)

(0)

(0)

(2)

Displaying 1-9 out of 9 reviews

walmor07
walmor07

Expert Trader

Varengold Bank FX

10/26/2011

0 of 0 customers found this helpful (0%)

Pros:
None
Cons:
None
Bottom Line:
No, I would not recommend this to a friend
Quote:
Very terrible experience with Varengold Bank FX.
Their Account manager in Dubai Mr. Ahmad Maarouf is a big scammer who introduced me to their forex managers.
in a matter of 3 days my whole account got wiped out and I lost my entire account.
Mr. Maarouf has misleaded and decieved me as it turned up their forex managers are not licensed !
When I complained to the head office in Germany they were totally useless and rude.

Avoid Avoid Avoid at any expenses or you going to pay the price.
I found this review:
| |
|
VazuresFX
VazuresFX

Expert Trader

Vazures FX Professional Managed Forex Accounts Give Varengold 5 Out Of 5!

12/1/2010

0 of 0 customers found this helpful (0%)

Pros:
Low spreads, Easy-to-use platform, Good customer support, Fixed spreads, Solid trading platform, Good transaction reporting
Cons:
None
Bottom Line:
Yes, I would recommend this to a friend
Quote:
At Vazures FX (managed forex accounts), we rate Varengold very highly and would recommend everyone to give them a try.

A decent broker comes top of the list for companies such as ourselves and Varengold Bank FX win hands down.
I found this review:
| |
|
TradeTiger
TradeTiger

Expert Trader

Best execution

11/23/2009

0 of 0 customers found this helpful (0%)

Pros:
Low spreads, Easy-to-use platform, Good customer support, Solid trading platform
Cons:
Slow cash withdrawal process
Bottom Line:
Yes, I would recommend this to a friend
Quote:
I'm with them for 2 month now. I trade my own strategy via EA with 2 pips EURUSD. I like their execution very much. Sometimes I come into the market better than requested by pendings. That's new, I never had this with other brokers before. Makes me happy and trust them beeing STP. I feel my money is save because they are a bank.
I found this review:
| |
|
Onitnelot
Onitnelot

Intermediate Trader

Good execution and low spread

7/3/2009

12 of 12 customers found this helpful (100%)

Pros:
None
Cons:
None
Bottom Line:
Yes, I would recommend this to a friend
Quote:
I’ve been trading with this bank for 6 months and I have to say that I’m very satisfied and happy with this broker. They have good execution, low spreads and I feel safe depositing my money with them. I haven’t encountered any problems so far so I highly recommend VerenGold Bank FX.
I found this review:
| |
|
wilson_jeff
wilson_jeff

Intermediate Trader

They offer the best program

6/28/2009

11 of 12 customers found this helpful (92%)

Pros:
None
Cons:
None
Bottom Line:
Yes, I would recommend this to a friend
Quote:
After 4 months of trading with them, I guess I can safely say that they offer the best program. I never had second thoughts on depositing huge amounts of money with them since I know they’re a bank (Having that background adds to their trustworthiness and credibility).
I found this review:
| |
|
Eilyn
Eilyn

Intermediate Trader

Best execution so far.

5/29/2009

0 of 0 customers found this helpful (0%)

Pros:
None
Cons:
None
Bottom Line:
Yes, I would recommend this to a friend
Quote:
I’ve been trading with Varengold Bank FX and have been using their MT4 platform with my EA for 6 months now. It’s always reassuring to know they’re a bank – I’m quite certain my money is safe with them. So far, I’ve also been getting the best execution ever since I began trading with them, plus they don’t have huge spreads.
I found this review:
| |
|
Raymond
Raymond

Intermediate Trader

worst spreads!

5/24/2009

0 of 0 customers found this helpful (0%)

Pros:
None
Cons:
None
Bottom Line:
No, I would not recommend this to a friend
Quote:
Varengold has the worst spreads in the business. I am trading the EUR/AUD and it would sometimes go up to 20-30 pts. I’ve also noticed that they always take up to two pips on every buy and sell price. We all know these huge spreads are all to their advantage. I suggest you guys to find a better broker than Varengold.
I found this review:
| |
|
kevdragons
kevdragons

Intermediate Trader

contented with this broker

5/22/2009

3 of 3 customers found this helpful (100%)

Pros:
None
Cons:
None
Bottom Line:
Yes, I would recommend this to a friend
Quote:
I’ve had a live account with this bank since 2008. Strange how I keep reading a lot of negative feedback complaining about slippage and spreads but in my experience I have never received any requotes or any type of problems at all. I’ve asked them about the spreads too but now I know it’s because of the current economic crisis and that it will go down again when things go back to normal.

Anyway, I’m contented with this broker and would recommend them.
I found this review:
| |
|
onlinewizard
onlinewizard

Casual Trader

good trades!

5/19/2009

2 of 2 customers found this helpful (100%)

Pros:
None
Cons:
None
Bottom Line:
Yes, I would recommend this to a friend
Quote:
So far I have been making good trades using Varengold Bank FX. I’m using their MT4 platform with my EA and I’m glad to say I still haven’t experienced any requotes. It’s an advantage that they are a bank because you know you can definitely trust them.
I found this review:
| |
|

Displaying 1-9 out of 9 reviews

« back to item page