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Managed FX Accounts

February 2010
Start Deposit: $20,000.00
Trading Period: 2010.02.01 - 2010.02.26
Total return: +37.2%
Net profit: $7,445.29
Remuneration: 60% to 40%
(Investor = $4,467.17 /
Trader = $2,978.11)

 

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In the 13 years since its foundation, Varengold has been a pioneering 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 Germany's pre-eminent investment bank specialising in Managed Futures, Hedge Funds and Alternative investments.

VarengoldbankFX is an online Foreign Exchange Trading Service provided by Varengold Investment Bank AG (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.

VarengoldbankFX provides a superior level of service to retail and institutional customers to sustain long-term relationships that will enable us to respond more efficiently and proactively to their changing needs. VarengoldbankFX's goal is to provide our customers with the very best trade execution and service in the FX Industry. In order to meeting our goals, VarengoldbankFX employs three strategies that are the backbone to 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 1:100 Leverage
- Daily publication of the FX report
- 24h support from our traders
- State-of-the-art trading technology: Varengold Fox Trader (MetaTrader4).

 

Open a DEMO Forex Account

Open a Live Forex Account

 

Open an Forex Account in 5 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 A LIVE 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)M



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

 

 
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