Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
VARIANSE Pros & Cons
- This broker has offices in the UK, Malaysia, and Mauritius, where it is officially registered and regulated;
- Choice of several live account types provides for individualizing offers;
- Traders work on modern trading platforms;
- Large choice of assets in combination with leverage up to 1:500 significantly expands the profit potential;
- Spreads are market average or even more profitable (from 0,0 pips), and trading fees are lower than those of most brokers;
- Traders can receive passive income using MAM accounts and the copy trading service;
- This broker partners with tier 1 liquidity providers, which gives raw spreads from 0 pips on the ECN Pro account;
- Technical support is provided by many major channels, such as email, live chat, and phone, and is highly evaluated by users.
- Minimum deposits are $500, $5,000, and $50,000 for Classic, ECN Pro, and Prime accounts, respectively, which are substantial numbers;
- Call center specialists work Monday through Friday, from 9:00 to 18:00 GMT, that is, managers are not available at night and on weekends.
The VARIANSE (also “Varianse”, below) company provides its services to traders from more than 100 countries, giving them access to six CFD markets, such as currency pairs, stocks, indices, precious metals, energies, and cryptocurrencies. A demo account and three live account types, namely Classic, ECN Pro, and Prime, are available. The minimum deposit is $500. Minimum spreads are 0-1 pips. Fees, if any, depend on the asset and account type. Or, there may be no pips. For example, the fee for currencies and metals on ECN Pro is $3.5 per lot. This broker’s clients can trade on MetaTrader 4 and cTrader. Education is available only through articles, and there is no current news. There are no special tools for fundamental and technical analyses either. Passive income options are joint MAM accounts and the copy trading service.
TU Expert Verdict
VARIANSE demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.
Top-5 Brokers Traders Prefer
VARIANSE User Reviews
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5-star
0%
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4-star
33%
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3-star
33%
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2-star
17%
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1-star
17%
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria7 /10The trading and non-trading commissions of VARIANSE have been analyzed and rated as having Medium fees, with a fees score of 7/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No withdrawal fee
- Deposit fee applies
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of VARIANSE with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, VARIANSE’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
VARIANSE Standard spreads VARIANSE OANDA FOREX.com EUR/USD min, pips 0.2 0.1 0.7 EUR/USD max, pips 1.1 0.5 1.2 GPB/USD min, pips 0.4 0.1 0.9 GPB/USD max, pips 1.1 0.5 1.4 RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
VARIANSE RAW/ECN spreads VARIANSE OANDA FOREX.com Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency). 3.5 3.5 5 EUR/USD avg spread 0.1 0.15 0.2 GBP/USD avg spread 0.1 0.2 0.4 Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with VARIANSE. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
VARIANSE Non-Trading Fees VARIANSE OANDA FOREX.com Deposit fee, % The indicated amount does not include possible fees from payment systems and banks. 0-3.9 0 0 Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. 0 0 0 Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. 0 0-15 0 Inactivity fee ($, per month) 0 0 15 -
Is VARIANSE Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria9.5 /10VARIANSE has a safety score of 9.5/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Tier-1 regulated
- Regulated in the UK
- Track record over 12 years
- No negative balance protection
VARIANSE Regulators and Investor Protection Abbreviation Full Name Country of regulation Investor Protection Fund Regulation Level FCA UK
Full Name Financial Conduct Authority Country of regulation United Kingdom Investor Protection Fund Up to £85,000 Regulation Level Tier-1
FSC (Mauritius) Full Name Financial Services Commission of Mauritius Country of regulation Mauritius Investor Protection Fund No specific fund Regulation Level Tier-3 Abbreviation LFSA (Malaysia) Full Name Labuan Financial Services Authority Country of regulation Malaysia Investor Protection Fund No specific fund Regulation Level Tier-2 VARIANSE Security Factors Foundation date 2014 Negative balance protection NoVerification (KYC) Yes -
Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.5 /10VARIANSE offers the following account options: Demo, Standard, ECN/Raw spread.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Low minimum deposit
- Standard account with balanced trading conditions
- Demo account
- Micro lots are not available
- No Swap Free account
VARIANSE account types vs top competitors VARIANSE Trading.com Plus500 Standard YesYesYesECN/Raw spread YesNoNoDemo YesYesYesCent NoNoNoMicro NoNoNoSwap Free NoNoNoVIP NoNoNoManaged NoNoNoVARIANSE accounts trading conditions
The choice of the account type is of great importance. For some brokers, account types do not differ too much, but at Varianse they differ significantly, and it's not just spreads and trading fees. For example, the extended asset pool and FIX API messaging protocol are not available on the Classic account, while users with ECN Pro get these features. However, they don't have extended liquidity pools and VPS that are available on Prime. Spreads start at 1 pips on Classic and 0 pips on other accounts. There are no standard fees for currencies and metals on Classic, but they are $3.5 per lot on ECN Pro, and the fee is variable on Prime. They also differ significantly in fees for other asset types. After choosing an account, TU experts recommend paying more attention to trading platforms. For example, if users have always worked with cTrader, they should definitely try MT4 and compare these solutions.
Account types:
Account Type Description Classic Minimum deposit is $500, spreads are from 1 pips, and there is no trading fee for currency pairs and metals. A standard asset pool with no advanced options is available; ECN Pro Minimum deposit is $5,000, spreads are from 0 pips, and the trading fee for currency pairs and metals is $3.5 per lot. The entire asset pool and access to FIX API are available; Prime Minimum deposit is $50,000, spreads are from 0 pips, and trading fees for currency pairs and metals are variable. Access to all this broker’s features is provided. As a rule, if traders have not worked with the site before, they first open a free demo account. There users trade with real quotes, but virtual currency. This provides for learning this broker’s conditions and working out certain strategies. Then, based on their budget and personal preferences, traders choose one of the three live accounts.
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology7.2 /10VARIANSE received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
VARIANSE provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- Bank card deposits and withdrawals
- Minimum deposit below industry average
- BTC available as a base account currency
- USDT (Tether) supported
- PayPal not supported
- Only major base currencies available
- Limited deposit and withdrawal flexibility, leading to higher costs
What are VARIANSE deposit and withdrawal options?
VARIANSE provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller, BTC, USDT, Ethereum.
VARIANSE Deposit and Withdrawal Methods vs Competitors VARIANSE Trading.com Plus500 Bank Wire YesYesYesBank card YesYesYesPayPal NoNoYesWise NoNoNoBTC YesNoNoWhat are VARIANSE base account currencies?
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. VARIANSE supports the following base account currencies: USD, EUR, GBP, Bitcoin, PLN.
What are VARIANSE's minimum deposit and withdrawal amounts?
The minimum deposit on VARIANSE is $500, while the minimum withdrawal amount is $100. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact VARIANSE’s support team.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria5.3 /10VARIANSE offers a limited selection of trading assets compared to the market average. The platform supports 200 assets in total, including 60 Forex pairs.
- Indices trading
- 60 supported currency pairs
- Crypto trading
- Copy trading not available
- No ETFs
Supported markets vs top competitors
We have compared the range of assets and markets supported by VARIANSE with its competitors, making it easier for you to find the perfect fit.
VARIANSE Trading.com Plus500 Currency pairs 60 69 60 Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs. 200 69 2800 Stocks YesNoYesCommodity futures YesNoYesCrypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada. YesNoYesStock indices YesNoYesOptions NoNoYesInvestment options
We also explored the trading assets and products VARIANSE offers for beginner traders and investors who prefer not to engage in active trading.
VARIANSE Trading.com Plus500 Bonds NoNoNoETFs NoNoYesCopy trading NoNoNoPAMM investing NoNoNoManaged accounts NoNoNo -
Trading Account Opening
Score:We evaluated Trading Account Opening at VARIANSE by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.6 /10We successfully registered an account with VARIANSE in 20 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at VARIANSE is $500. The onboarding procedure works as expected, although there is room for improvement in speed and simplicity.
- Low minimum deposit requirement
- Fully online account opening process
- Registration process may take longer than expected
- Account approval may require extra time depending on the documentation.
VARIANSE account opening VARIANSE Trading.com Plus500 Online Registration YesYesYesMinimum deposit $500 $50 $100 Mandatory KYC YesYesYesRegistration time (min) 20 20 KYC time (days) 2 2 3 Is VARIANSE available in my country?
If you are a citizen of United States, the broker accepts clients from your country.
Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.
Account opening details
To start working with this broker, register on its website, get verified, open a live account, make a deposit, and download a trading platform. TU experts have compiled the below detailed guide on registration and what features comprise Varianse’s user account.
Go to this broker's website. In the upper right corner, select the interface language and click the “Register” button.
Select your country of residence, enter your first and last names, phone number, and email. Create a password and agree to the terms of data processing by ticking the box. Click the “Sign Up” button.
A letter from this broker will be sent to the specified email. Click the link in this email.
You will find yourself in the user account. Click the “COMPLETE LIVE APPLICATION” button. Choose a language, select an account type, and enter your date of birth and address with postal code. Use a referral code if any and click the “Continue” button.
Select account options. Enter tax, income, and other information. Fill in all the fields and click the “Continue” button.
Upload a scan/photo of a document confirming your identity. Wait for the check to complete.
Go to the “Deposit Funds” section. Select a deposit channel and follow the instructions on the screen. Note that there is a minimum deposit amount for every account type
Go to the “Download platform” section. Choose the appropriate MT4 or cTrader option. Download the distribution and install it on your device. Enter your registration data in the platform and start trading.
Features of the user account:
- Profile. Here traders enter and edit their personal data, and upload documents for verification;
- Accounts. This block is needed to open/close a live or demo account. It also displays statistics on active accounts;
- Deposit funds. Here this broker's clients select a deposit channel and fund the account balance;
- Requests. This block displays all of a trader's accounts, each with a basic summary for leverage, server, platform, etc.;
- MAM room. Here traders have the opportunity to become joint account managers or investors;
- Platform download. This block contains distributions of all versions of MetaTrader 4 and cTrader;
- VPS. Here you can get access to a free virtual dedicated server subject to conditions.
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Customer Support
Score:We evaluated Customer Support at VARIANSE by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria5.5 /10Customer support at VARIANSE is available, but response speed and service quality may vary. Some requests are handled efficiently, while others may require follow-ups.
During testing, response times were moderate, and communication depended on the complexity of the request. VARIANSE provides basic support functionality but does not stand out in overall service performance.
InformationEvery broker needs technical support. After all, traders regularly face situations that they cannot figure out on their own. User experience does not matter, the problem may arise when trading, depositing, or withdrawing funds. And the client has the right to count on qualified and prompt assistance. If managers work extremely slowly or are not able to help traders, they will inevitably be disappointed and leave for a competing company. Varianse offers client support available via call center, email, and live chat on the website and in the user account. Standard support hours are Monday through Friday, 09:00 to 18:00 GMT. However, the live chat is available around the clock.
- Several communication channels are available
- Non-clients of this broker can contact technical support
- High efficiency of managers during working hours
- Support can be contacted at night and on weekends via live chat only
Communication channels are as follows:
- email;
- telephone;
- live chat on the website and in the user account.
Note that this broker has its profiles on Facebook, Instagram, Twitter, and LinkedIn. There you can also contact support. Subscribe to this broker to keep up-to-date on its news.
Contacts Foundation date 2014 Registration address 24 St. Georges Street, Port Louis, Mauritius
20 North Audley Street, Mayfair, London, W1K 6LX, United Kingdom
Robin Business Center 3, Lazenda Warehouse, Jalan Ranca-Ranca, Labuan, MalaysiaRegulation FCA, FSC, LFSA Licence number:
802012Official site https://varianse.com/ Contacts support@varianse.com support@varianse.co.uk +230 5297 0989, +44 (0) 203 475 2285
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FAQs
How is VARIANSE regulated and what safety measures are mentioned in the review?
VARIANSE has a safety score of 9.5/10 and is described as having a High security level, with regulation by the FCA in the UK (Tier-1), the LFSA in Malaysia (Tier-2), and the FSC in Mauritius (Tier-3). The review notes that VARIANSE was founded in 2014, participates in an investor protection fund up to £85,000 under FCA UK regulation, requires KYC verification, and does not provide negative balance protection.
What does the review say about VARIANSE trading commissions and non-trading fees?
The review rates VARIANSE’s overall fees at 7/10, describing them as Medium, with low forex trading fees, tight EUR/USD spreads, and no inactivity or withdrawal fees. It also notes that a deposit fee of 0–3.9% may apply, that Standard account spreads on EUR/USD typically range from 0.2 to 1.1 pips, and that RAW/ECN accounts have average EUR/USD and GBP/USD spreads of 0.1 pips plus a $3.5 commission per lot.
What do user reviews and feedback indicate about overall satisfaction with VARIANSE?
Based on available user reviews, VARIANSE has a user satisfaction score of 5.7/10 from 6 reviews, with a mix of 4-star (33%), 3-star (33%), 2-star (17%), and 1-star (17%) ratings and no 5-star ratings. This distribution suggests a mixed user experience, with neither strongly positive nor strongly negative sentiment dominating.
What deposit and withdrawal options and conditions are highlighted in VARIANSE reviews?
The review states that VARIANSE offers bank cards, bank wire, Skrill, Neteller, BTC, USDT, and Ethereum for deposits and withdrawals, with no withdrawal fee and a minimum deposit of $500 and minimum withdrawal of $100. It also mentions that PayPal is not supported, only major base currencies are available (USD, EUR, GBP, Bitcoin, PLN), and that limited funding flexibility can lead to higher costs.
What feedback is provided about VARIANSE customer support channels and availability?
The review notes that VARIANSE offers customer support via email, telephone, and live chat on the website and in the user account, with standard hours from Monday to Friday, 09:00 to 18:00 GMT, and live chat available around the clock. It also mentions that response speed and service quality can vary, that non-clients can contact support, and that outside working hours support is available only through live chat, while social media profiles can also be used to reach the broker.
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