Invast Global
Varengold Bank
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Overview
Invast Global was founded in 1960 and is headquartered in Australia, while Varengold Bank was established in 2008 and is based in Germany. Invast Global holds licences including Australian Securities and Investment Commission (ASIC), while Varengold Bank is regulated by Unregulated among others. Invast Global serves 10,000+ clients worldwide; Varengold Bank has 10,000+. The minimum deposit is $25000 at Invast Global and $250 at Varengold Bank.
| Feature | Invast Global | Varengold Bank |
|---|---|---|
| Min. Deposit | $25000 | $250 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Unregulated |
| Founded | 1960 | 2008 |
| Country | Australia | Germany |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Invast Global and Varengold Bank, directly affecting your bottom line as a trader. Varengold Bank has a lower barrier to entry with a minimum deposit of $250 (vs $25000 at Invast Global). Varengold Bank charges withdrawal fees while Invast Global does not, giving Invast Global an edge for frequent withdrawers. Overall, Invast Global scores higher on fees in our assessment.
| Feature | Invast Global | Varengold Bank |
|---|---|---|
| Min. Deposit | $25000 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Invast Global offers MT4, MT5, cTrader, 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 Invast Global does not offer. The two brokers are closely matched on platform offering.
| Feature | Invast Global | Varengold Bank |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, | Desktop,Android,iPhone,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Invast Global and Varengold Bank compare. Varengold Bank runs regular live webinars; Invast Global does not. Both provide video tutorials. Varengold Bank publishes daily market commentary; Invast Global does not. Both integrate third-party research tools. Varengold Bank maintains an archive of past webinars for on-demand viewing. Varengold Bank scores higher overall in education and research.
| Feature | Invast Global | Varengold Bank |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Invast Global accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Varengold Bank supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Invast Global | Varengold Bank |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | 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. Both Invast Global and Varengold Bank offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Invast Global | Varengold Bank |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |