Varna Trade Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-29 17:49

Abstract：Varna Trade is a 2011-founded trade platform. Forex, precious metals, crude oil, indices, cryptocurrencies, and CFD contracts are among the extensive range of assets the platform provides for trading. Still, it's unregulated. Varna Trade uses the ST5 trading software and provides several account kinds but no demo account.

　　Currently, the official website of Varna Trade(https://varnatradefx.com/en/index) is inaccessible.

Varna Trade Review Summary
Founded	2011
Registered Country/Region	United States
Regulation	Unregulated
Market Instruments	Forex, Precious Metals, Crude Oil, Indices, Cryptocurrencies, CFD Contracts
Demo Account	×
Leverage	1:100 - 1:500
Spread	From 0 pips
Trading Platform	ST5
Min Deposit	Not mentioned
Customer Support	Phone: Not provided
	Email: support@varnatradefx.com
	24/7 Online Chat: No
	Physical Address: Empire State Building, New York

Varna Trade Information

　　Varna Trade is a 2011-founded trade platform. Forex, precious metals, crude oil, indices, cryptocurrencies, and CFD contracts are among the extensive range of assets the platform provides for trading. Still, it's unregulated. Varna Trade uses the ST5 trading software and provides several account kinds but no demo account.

Pros and Cons

Pros	Cons
Offers many asset (Forex, Precious Metals, Crude Oil, Indices, Cryptos)	Unregulated
High leverage options (up to 1:500)	No demo account available
	Limited customer support (No phone or live chat)

Is Varna Trade Legit?

　　Varna Trade is unregulated now.

What Can I Trade on Varna Trade?

　　Varna Trade offers forex, precious metals, crude oil, indices, cryptocurrencies, and CFD contracts.

Tradable Instruments	Supported
Forex	✔
Precious Metals	✔
Crude Oil	✔
Indices	✔
Cryptocurrencies	✔
CFD Contracts	✔

Account Types

　　3 account forms are offered by Varna Trade: Financial STP, Finance, and Comprehensive. There is no available demo account.

Account Name	Details
Comprehensive Account	CFD-focused trading experience
Finance Account	Forex, commodities, and cryptocurrencies
Financial STP Account	Optimized for trade volume and efficiency

Leverage

　　Varna Trade offers leverage from 1:100 to 1:500.

Varna Trade Fees

　　Varna Trade offers spreads starting from 0 pips. However, the exact commission is not mentioned.

Account Type	Spread	Commission
Comprehensive Account	From 0 pips	Not specified
Finance Account	From 0 pips	Not specified
Financial STP Account	From 0 pips	Not specified

Trading Platform

　　Varna Trade uses the ST5 trading platform.

Trading Platform	Supported	Available Devices	Suitable for
ST5 Platform	✔	Desktop (Windows, macOS),	Experienced traders seeking advanced tools
ST5 Platform	✔	Mobile (iOS, Android)	Traders on-the-go, not recommended for beginners
MT4	×
MT5	×