Exante
Varengold Bank
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Overview
Exante was founded in 2011 and is headquartered in Malta, while Varengold Bank was established in 2008 and is based in Germany. Exante holds licences including Malta Financial Services Authority (MFSA), while Varengold Bank is regulated by Unregulated among others. Exante serves 10,000+ clients worldwide; Varengold Bank has 10,000+. The minimum deposit is $11700 at Exante and $250 at Varengold Bank.
| Feature | Exante | Varengold Bank |
|---|---|---|
| Min. Deposit | $11700 | $250 |
| Regulation | Malta Financial Services Authority (MFSA), CySEC. Licence No.: 165/12, FCA, HKMA | Unregulated |
| Founded | 2011 | 2008 |
| Country | Malta | Germany |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Exante and Varengold Bank, directly affecting your bottom line as a trader. Exante has a lower barrier to entry with a minimum deposit of $11700 (vs $250 at Varengold Bank). Both brokers charge withdrawal fees. The two brokers are broadly comparable on fee structure.
| Feature | Exante | Varengold Bank |
|---|---|---|
| Min. Deposit | $11700 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Exante offers MT4, MT5, a proprietary platform, while Varengold Bank supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Varengold Bank supports social and copy trading features, which Exante does not offer. The two brokers are closely matched on platform offering.
| Feature | Exante | Varengold Bank |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | No | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, WEB, desktop | Desktop,Android,iPhone,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Exante and Varengold Bank compare. Varengold Bank runs regular live webinars; Exante does not. Varengold Bank has a video library; Exante does not. Varengold Bank publishes daily market commentary; Exante does not. Varengold Bank integrates third-party research tools (Trading Central); Exante does not. Archived webinars are available at both brokers for self-paced learning. Varengold Bank scores higher overall in education and research.
| Feature | Exante | Varengold Bank |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Exante accepts 1 of the tracked payment methods (bank transfer), while Varengold Bank supports 2 (bank transfer, credit/debit card). Varengold Bank uniquely supports credit/debit card among the two brokers. Varengold Bank scores higher on deposit and withdrawal flexibility.
| Feature | Exante | Varengold Bank |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | No | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Varengold Bank offers live chat; Exante does not, making Varengold Bank easier to reach in real time. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Varengold Bank scores higher overall on customer support in our assessment.
| Feature | Exante | Varengold Bank |
|---|---|---|
| Live Chat | No | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |