Forex Varsity
Abstract：Forex Varsity was founded in 2018 in the United States, focusing on the forex, indices, precious metals, energies, and CFDs markets. It uses MT4 as its trading platform, with a minimum deposit of $200 and a maximum leverage of 1:1000. However, it is not regulated, and potential risks are relatively high.
Note: Forex Varsity's official website - https://forexvarsity.net/ is currently inaccessible normally.
| Forex Varsity Review Summary | |
| Founded | 2018 |
| Registered Country/Region | United States |
| Regulation | No regulation |
| Market Instruments | Forex, indices, precious metals, energies and CFDs |
| Demo Account | / |
| Leverage | Up to 1:1000 |
| Spread | / |
| Trading Platform | MT4 |
| Min Deposit | $200 |
| Customer Support | Tel: +1 (315) 916-6432 (Mon - Fri, 8:00-17:00) |
| Email: support@forexvarsity.net | |
| Social media: Facebook, Twitter, YouTube, Instagram | |
| Address: Head Office – Cape Town Seaboard House, Cnr of Blaauwberg Road & Millin Rd, Table View 7441 | |
Forex Varsity was founded in 2018 in the United States, focusing on the forex, indices, precious metals, energies, and CFDs markets. It uses MT4 as its trading platform, with a minimum deposit of $200 and a maximum leverage of 1:1000. However, it is not regulated, and potential risks are relatively high.
Pros and Cons
| Pros | Cons |
| Diverse tradable assets | Inaccessible website |
| MT4 supported | Lack of regulation |
| Popular payment options | Unclear fee structure |
| High minimum deposit |
Is Forex Varsity Legit?
No, it is not regulated by the financial services regulatory authority in the United States, which means that the company lacks regulation from its registration site. Please note the potential risks!
What Can I Trade on Forex Varsity?
Forex Varsity provides several types of products, including forex, indices, precious metals, energies and CFDs.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Precious Metals | ✔ |
| Energies | ✔ |
| Indices | ✔ |
| Stocks | ❌ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Leverage
The leverage can be up to 1:1000, which is relatively high. Customers need to consider carefully before investing, because high leverage is likely to bring high potential risks.
Trading Platform
Forex Varsity uses MT4 as its trading platform, which is a recommended platform for beginners.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | PC, web, mobile | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
Forex Varsity supports a number of payment options, including bank transfer, Neteller, Skrill, Perfect Money, and Bitcoin. However, other details such as the processing time and fees are not clear.
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