Varengold Bank FX – a service of Varengold Bank AG
Varengold Bank AG is a Hamburg-based German bank with the core business segments: asset management, commercial banking, investment banking and capital markets brokerage. Varengold is one of the world’s leading investment banks with clients from over 100 countries and a range of selected partner banks, brokers, hedge funds and asset managers.
Varengold was founded in 1995 by Steffen Fix and Yasin Sebastian Qureshi, and initially specialised in the regulated and reliable investment class of managed futures. The company developed its own trading strategies focussed on systematic commodities and share index trading, and just five years later made it into the top 10 of the International Traders Research Inc. managed futures managers ranking (ITR ranking). In 2006, Varengold launched the first German managed futures fund of hedge funds to be approved for public distribution. This fund was named best German fund of hedge funds in 2007, 2008 and 2009.
Varengold has been achieving excellent trading results in asset management ever since its foundation thanks to its experience and strong performance. Seeking to offer transparent, high-performing and liquid financial products, Varengold is one of the most prominent and successful asset managers in its class in the world.
In its second business segment, capital markets brokerage, Varengold Bank AG operates under the name “Varengold Bank FX” on the Forex and CFD markets. Varengold Bank FX offers retail and institutional clients excellent order execution and the best service in the Forex industry.
A pioneer on the German market, Varengold set up CFD trading as early as 2000. In 2007, Varengold was the first German investment bank to introduce the world’s top trading platform, MetaTrader 4. Just one year later, Varengold was the first company in Germany to launch a single platform for both: Forex and CFD trading. The Varengold office in Dubai was opened in 2010 to ensure world-class service and excellent customer support. Together with the head office in Hamburg, the Varengold office guarantees international clients the very best service and security. Multilingual telephone and chat support is available 24-5 during trading hours. This exclusive support and advisory service enables clients to maximise their trading returns.
Varengold Bank AG has been listed on the Frankfurt Stock Exchange Entry Standard and registered with the German Federal Financial Supervisory Authority (BaFin) since March 2007.