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For 13 years since its foundation, the Varengold has been a progressing force in the German Financial Industry.
With more than 7,000 customers worldwide and managing transactions worth 100 Billion Euros daily, Varengold is continuing to grow from strength to strength. The bank is committed to maintaining its position as the German pre-eminent investment bank specializing in Managed Futures, Hedge Funds and Alternative investments.
The Varengoldbank FX is an online Foreign Exchange Trading Service provided by the Varengold Investment Bank AG (the Varengold Wertpapierhandelsbank AG).
The German investment bank was founded by the current management board Yasin Sebastian Qureshi and Steffen Fix over ten years ago. It is the only German financial institution with an exclusive focus on brokerage and hedge funds.
The VarengoldbankFX provides a superior level of service to retail, and as for institutional customers to sustain long-term relationships that will enable us to respond more efficiently and proactively to their varying needs. The Varengoldbank FX’s goal is to provide our customers with the very best trade fulfillment and services in the FX Industry. In order to meet our goals, the Varengoldbank FX employs three strategies that are the backbone of our success: Customer Service, Safeguard and Execution.
Advantages at a Glance:
• Electronic execution, no human dealer
• High portfolio diversification
• Home and Mobile trading
• Open 24 hours a day
• Trade high volumes: up to 1:200 Leverage
• Daily publication of the FX report
• 24h support from our traders
• State-of-the-art trading technology: Varengold Fox Trader.
Open a live Forex Account
Open an Forex Account in 6 Easy Steps
Here is what to do:
New customers - Instructions to open a live account
Step 1
Please fill online application. Open an online account through this link:
OPENING AN ACCOUNT ONLINE
fill out all the information needed.
Remember, if not present, to write 11001445 code in "BROKERED BY AGENT..." field.
Step 2
You will receive an e_mail from Varengold Bank FX, the moment you finish opening an online account, please open this e_mail you received and click on the link to download a PDF file, there are 8 pages with this PDF file. Print these 8 pages to signature pages number (4, 6, 7 and 8).
Step 3
Submit necessary documents.
Due to regulations in Germany, Varengoldbankfx will only accept accounts with the following authenticated documents along with the customer application:
IDENTIFICATION DOCUMENT FOR ACCOUNT HOLDERS AND ANY AUTHORISED PERSON (ENG) (23K)
How to identify
This also is up to authorized people who shall get for eg. an account or trading authority.
The identification is made as follows:
1. Take a document “Identification of account holder” or if needed "Identification of authorized person" and fill out the needed fields under point 1. and 2.
Sign with date under 1. “Personal signature of person to be identified”.
2. Make a copy of your passport.
3. Go with all these documents and the original of your passport to
• a notary
• an international known bank or
• an embassy or a consulate of Germany or of an EU-country
• a trusted third party of Varengold and let them fill out our identification form under 3. with signature and stamp/seal of the legalizing authority.
Individual/Joint Accounts
• Notarized copy of your passport.
• Customer agreement duly completed.
Corporate Accounts
• Notarized copy of your passport.
• Notarized Articles of corporation
• Notarized Certificate of Incorporation
• Customer agreement duly completed.
4. Send this document in original by mail within 14 days and by e-mail or fax in advance.
Please also attach the copy of the passport which has been used to identify you.
Varengold Wertpapierhandelsbank AG
Grosse Elbstrasse 27
D-22767 Hamburg
Germany
Step 4
Receive email with account status. Once your account is being approved, you will receive all banking details for you to start trading.
Step 5
Deposits in your new account
Garantee that your account is available for business as early as possible, you may already make payments into your new account.
To do so, please transfer the desired sum to the following Varengold transfer account:
Dresdner Bank AG
Account holder: Varengold Wertpapierhandelsbank AG
Account No.: 0310652415
Sort code: 20080000
SWIFT: DRESDEFF200
IBAN: DE34200800000310652415
or see here: Fund your Forex Account
Step 6
Signature Power of Attorney - Varengold bank FX and send it to the bank.
Below are some additional forms that maybe required in addition to the customer application.
Limited Power of Attorney (214K)
Additional account request form (33K)
Internal Funds Transfer Form (33K)
Withdrawal Request Form (2942K)
Varengold bank FX is a leading German Investment Bank which offers cutting edge technology, competitive pricing, investment options, portfolio managment for institutional and retail customers.
Varengold Wertpapierhandelsbank AG) is registered with the German Federal Financial Services Supervisory Agency (BaFin) with the number (109520 ) 100 and listed on the www.bafin.de
The bank has its Headquarters in Hamburg with service support offices in Shenzen and Zurich.
* Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
* Risk Warning Before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.
There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.
More over, the leveraged nature of forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin requirement, your position may be liquidated and you will be responsible for any resulting losses. To manage exposure, employ risk-reducing strategies such as 'stop-loss' or 'limit' orders. Placing Contingent Orders (stop loss, limit, etc) may not limit your losses to the intended amounts”
*Disclaimers and Disclosures Unique experiences and past performances do not
guarantee future results! Testimonials herein are unsolicited and are
non-representative of all clients; certain accounts may have worse performance
than that indicated. Trading spot currencies involves significant risk and there
is always the potential for loss. Your trading results may vary. Because the
risk factor is high in the foreing exchange market trading, only genuine "risk"
funds should be used in such trading. If you do not have the extra capital that
you can afford to lose, you should not trade in the foreign exchange market. No
"safe" trading system has ever been devised, and no one can guarantee profits or
freedom from loss.
*Privacy Policy Protecting the privacy and safeguarding the personal and financial information of our clients and website visitors is one of our highest priorities. The following Privacy Statement explains how Vitaliy-Sokur.com collects and protects your personal information. References to "Vitaliy-Sokur.com" in this Privacy Statement include all Vitaliy-Sokur.com companies and divisions, including Vitaliy-Sokur.com.
*Keywords Forex Managed Account, Managed Forex Accounts, Managed Forex, Asset Management, Forex Managed Accounts
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