1. Varianse Pros and Cons
  2. Is Varianse Safe or a Scam?
  3. Leverage
  4. Fees
  5. Spread
  6. Deposits and Withdrawals
  7. Trading Platform
  8. Conclusion

Our Review Method

  • 55Brokers Financial Experts with over 10 years of experience in Forex Trading check all trading offerings, regulations and licenses, fees, spreads, platforms, customer service, and placed traders to see trading conditions and give expert opinions about Varianse.

What is Varianse?

Varianse is a UK-based Forex trading company, which enables clients to trade with a wealth of experience in institutional and retail environments with a pure STP model to access a deep pool of Liquidity. The broker holds several licenses and is authorized and regulated by the top-tier FCA in the UK. Additionally, it possesses licenses from the FSA in Mauritius and the LFSA in Malaysia.

Along with the range of financial markets, including CFDs on FX, crypto, metals, indices, and equities, Varianse developed technology powered by Equinix, a data center in London, which provides real-time market news and analytics.

Along with that, Equinix gives the information you may need in an organized and intuitive way, along with the empowering tools that are typically used by professionals globally in Tier 1 Banks, Hedge Funds, and Brokerage houses.

Overall, per our research, you can enjoy advanced trading with up-to-date information and necessary tools which all are available and at your disposal at Varianse.

Varianse Pros and Cons

According to our findings, the broker offers robust trading technology and seamless, transparent trade execution through advanced trading platforms like cTrader and MT4. Moreover, the company provides a wide range of trading instruments, including Spread Betting, at competitive rates based on either commission or spread.

For the cons, Varianse is more suitable for traders with more experience or bigger-size traders. Additionally, its website lacks comprehensive educational resources, and customer support is not available 24/7.

FCA regulation and overseeNo 24/7 customer support
cTrader and MetaTrader trading platformsLimited educational materials
Funds protectionNoe negative balance protection
Low spreads
Available for UK and international traders
Institutional trading

Varianse Review Official Website

VARIANSE Review Summary in 10 Points
🏢 HeadquartersUK
🗺️ RegulationFCA, FSC, LFSA
📉 InstrumentsCFDs on Crypto, Forex, Metals, Energy, Indices, Equities
🖥 PlatformscTrader, MT4, FIX API
💰 EUR/USD Spread1 pip
🎮 Demo AccountProvided
💰 Base currenciesEUR, USD, GBP
💳 Minimum deposit$500
📚 EducationLimited
☎ Customer Support24/5

Overall Varianse Ranking

Per our analysis, we have a positive ranking for the broker due to its regulation, secure trading platforms, and competitive spreads and fees for trading services.

  • Varianse Overall Ranking is 8.5 out of 10 based on our testing and compared to over 500 brokers, see Our Ranking below compared to other industry Leading Brokers.
RankingVarianseBlackwellAdvanced Markets
Our Ranking⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐⭐
AdvantagesSpreadsFinancial ProductsTrading Services

Varianse Alternative Brokers

Although the company offers competitive pricing and trading solutions, it faces competition from other brokers in the market that provide similar or even better services based on personal preference. Therefore, we have compiled a list of the broker’s main competitors that you may want to take into account:


We found that Varianse has received recognition for its reliable trading services in the financial sector. See some of the awards in the screenshot below.

Varianse Review Awards

Is Varianse Safe or Scam?

No, Varianse is not a scam. The company is regulated by the top-tier authority FCA and delivers strictly legal financial services, also holds additional licenses.

Is Varianse Legit?

Yes, Varianse is a legit and regulated broker.

Compliance with the regulatory requirements set by FCA enhances the safety and confidence of traders who choose to trade with Varianse. Also, Varianse has additional entities for international trading and Asia Trading via its entity in Malaysia, which is fully regulated too making Variance good choice for Malaysia Traders.

See our conclusion on Varianse Reliability:

  • Our Ranked Varianse Trust Score is 8 out 0f 10 for the good reputation and services provided. However, trading services are available in offshore zones as well.
VARIANSE Strong PointsVARIANSE Weak Points
Segregated accountsNo negative balance protection
Funds protection
Compensation scheme

How Are You Protected?

In accordance with the strictest FCA rules, the company performs operations with the required level of security and client treatment standards. The client money management must meet the necessary conditions while all client funds are held in segregated accounts with reputable banks alike Barclays Bank in London.

Furthermore, Varianse is required to submit financial reports to regulators and to participate in the compensation scheme FSCS that will cover clients’ funds in case of the company’s insolvency.

Varianse Review License


Leverage is a valuable tool that allows traders to enter the market with limited capital. However, you should understand that it can result in substantial gains or losses. Therefore, have a comprehensive understanding of how leverage operates and its potential consequences before engaging in any trading activities involving leverage.

Varianse leverage is offered according to FCA, FSC, and LFSA regulations:

  • UK traders are eligible to use low leverage up to 1:30 for major currency pairs and 1:10 for Commodities. 
  • International entity clients can use leverage up to 1:500 for professional trading.

Account Types

The account types available at Varianse covers various need for trading, with multiple base currency accounts suited to USD, EUR, GBP, PLN, AUD, and JPY. Of course, all accounts are supported by personal trading support, dedicated account managers, and a Free demo account to practice on MT4.

Also no matter the account type you may benefit from the LatentX technology including Razor Sharp Pricing, and Ultrafast Execution. Overall, as we found, there are three main account types: Classic, ECNpro, and Prime.

Fast account openingAccount conditions may vary according to regulation
Demo account
Various account base currencies

Varianse Review Account Types

How to Open Varianse Trading Account?

Opening an account with a broker is quite easy. For Varianse login you can open an account within minutes. Follow the opening account or sign-in page and proceed with the guided steps:

  • Select and Click on the “Register” page
  • Enter the required personal data (Name, email, phone number, etc.)
  • Verify your personal data by upload of documentation (residential proof, ID, etc.)
  • Complete the electronic quiz confirming your trading experience
  • Once your account is activated and proven, follow with the money deposit.

Trading Instruments

According to our research, the broker provides over 200 CFDs across 6 asset classes including Crypto, Forex, Metals, Energy, Indices, and Equities, as well Spread Betting for UK clients. The availability of trading instruments might vary depending on the entity, so it is recommended to thoroughly research the range of available options.

  • Varianse Markets Range Score is 8.5 out of 10 for wide trading instrument selection. Yet, on the other hand, many popular asset classes, such as futures and bonds are not available to trade.

Varianse Review Trading Instruments

Varianse Fees

The fees and pricing as we found are built into a floating tight spread or a commission charge. The broker offers complete price transparency since uses direct ECN connectivity. However, you should consider an overnight policy that applies in case the trading order is held for longer than a day. In this case, a rollover fee, swap, or overnight fee will apply to the position.

It is also important to note that certain charges may apply to deposits and withdrawals depending on the chosen funding method also the country you registered with.

  • Varianse Fees are ranked low or average with an overall rating of 8 out of 10 based on our testing and compared to over 500 other brokers for all fees applied.

FeesVarianse FeesBlackwell Global FeesAdvanced Markets Fees
Deposit feeNoNoNo
Withdrawal feeYesNoNo
Inactivity feeNoYesYes
Fee rankingLow/AverageAverageAverage


Based on our test trade, Varianse spreads depend on the account type with an average spread of 1 pip for the widely-traded EUR/USD currency pair in the Forex market of Classic account.

Further, ECNpro and Prime accounts will delight you with 0 pip spread, but with additional commission per lot applied. However, the trading conditions can differ depending on the entity, so do your research to understand the specific spread conditions that are in place.

  • Varianse Spreads are ranked low with an overall rating of 8.9 out of 10 based on our testing comparison to other brokers. We found Forex spread lower than the industry average and spreads for other instruments are competitive too, which is beneficial for various strategies including Trend Trading or Scalping.

Asset/ PairVarianse SpreadBlackwell Global SpreadAdvanced Markets Spread
EUR/USD Spread1 pips2 pips0.5 pips
Crude Oil WTI Spread0.0553
Gold Spread0.02321

Deposits and Withdrawals

To fund a Live account you may choose between the offered deposit and withdrawal options, as the options include bank wire transfers, credit/debit cards, crypto payment, and e-wallets like Neteller, and Skrill.

  • Varianse Funding Methods we ranked good with an overall rating of 8.5 out of 10. Fees are low, and also you can benefit from various account-based currencies.

Here are some good and negative points for Varianse funding methods found:

Varianse AdvantageVarianse Disadvantage
Fast digital depositsFees and conditions may vary according to entity rules
Multiple account base currencies
Popular funding methods

Varianse Minimum Deposit

Classic Varianse account requires $500 as a first deposit. Usually, minimum deposits are defined by the account type you choose. Higher grade account demands more funds since bringing a professional environment and tailored solution to trading.

Varianse Withdrawals

As we found, the broker does not charge fees for depositing funds and offers a good variety of withdrawal options, however, it is important to note that your bank or payment processor may impose fees for processing the payment. Also, withdrawals add some fee, e.g. $5 for Credit Cards and 1% for Skrill transfers, which are charged for the same reason, due to the process of the transaction itself.

How Withdraw Money from Varianse Step by Step:

  1. Login to your account
  2. Select Withdraw Funds’ in the menu tab
  3. Enter the withdrawn amount
  4. Choose the withdrawal method
  5. Complete the electronic request with necessary requirements
  6. Confirm withdrawal information and Submit
  7. Check the current status of withdrawal through your Dashboard

Varianse Payment Methods

Trading Platforms

The broker’s proposal covers a choice among three platforms, a popular MetaTrader4, cTrader, and FIX API, accessible through various devices such as desktop, web, and mobile, allowing traders to stay connected to the markets and execute trades at their convenience, regardless of their location.

These platforms provide comprehensive charting tools, real-time market data, and a wide range of technical indicators to assist traders in making informed trading decisions.

  • Varianse Platform is ranked good with an overall rating of 8.5 out of 10 compared to over 500 other brokers. We mark it as good since it offers the popular MT4 and cTrader professional trading platforms.
PlatformsVarianse PlatformsBlackwell PlatformsAdvanced Markets Platforms
Own PlatformNoNoYes
Mobile AppsYesYesYes

Trading Tools

According to our findings, traders using MT4 can access a wide selection of technical indicators, customizable charting options, and automated capabilities through  Expert Advisors (EAs). These tools enable traders to analyze market trends, identify trading opportunities, and execute trades efficiently.

The cTrader platform, on the other hand, offers an intuitive interface with advanced order types, depth of market functionality, and built-in algorithmic trading features. Traders can utilize the cTrader platform’s advanced charting tools, trade management tools, and customizable layouts to tailor their trading experience according to their specific preferences.

Both platforms provide real-time market data, price alerts, and comprehensive trade history to empower traders with the necessary tools for successful trading strategies.

Varianse Review Trading Platforms

Customer Support

Broker’s customer support is available 24/5 through Live chat, Email, and Phone. We found that Varianse has a team of experienced trading experts who are available to help clients with various issues. These include technical problems, market analysis advice, general inquiries, and operational concerns.

  • Customer Support in Varianse is ranked good with an overall rating of 7.5 out of 10 based on our testing. We got fast and knowledgeable responses, and also it is easy to reach during the working days.

See our find and ranking on Customer Service Quality:

Live chat, phone lines, and emailNo 24/7 customer support
Quick response and relevant answers

Varianse Education

We noticed that the broker lacks comprehensive learning materials, seminars, and webinars on its website. This absence can be considered a drawback since educational resources play a crucial role in the development and improvement of traders’ skills. Varianse only provides Forex trading news and articles, which may not be sufficient for those seeking comprehensive educational support.

  • Varianse Education ranked with an overall rating of 6.5 out of 10 based on our research. For beginners, we recommend obtaining educational resources from established and reputable brokers.

Varianse Review Education

Varianse Review Conclusion

In conclusion, the broker offers powerful trading technology, competitive pricing, and a wide range of trading instruments. The availability of popular trading platforms MT4 and cTrader enhances the trading experience by offering advanced features and real-time charting.

Also, the company is sharply regulated and overseen by the industry leader FCA, which brings a clear state of mind you are trading with a reliable broker. Additionally, the pure STP model delivers vast investment opportunities to your capabilities, while many traders of different expertise and trading style can engage in trading with the Variance.

However, the lack of comprehensive educational materials on the website and the absence of 24/7 customer support are notable drawbacks.

Even though we found that Varianse offers secure and competitive trading conditions, we recommend conducting thorough research to assess whether the broker meets your individual trading needs and check well on the broker’s offerings, regulations, fees, spreads, and customer reviews.

Based on Our findings and Financial Expert Opinions Varianse is Good for:

Donvaughn From United Arab Emirates | | Monday, September 26, 2022

Overall Good broker. I have used Varianse for a couple months alongside my other broker account with icmarkets, VARIANSE has fast order execution, good customer service and good spreads on their ECN accounts.

TroodosCap From United Kingdom | | Friday, February 18, 2022

Good experience with Varianse. cTrader platform the offer is good. Even better than their good spread they are FCA regulated. It gave me piece of mind when I was looking to increase my deposit size to go full time.

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