Meet Self-Directed Trading
6 Reasons to choose Self-Directed
Please click on the bullet points to learn more.
As a Self-Directed Investor your money is always under your control in a bank account with your name on it. Varengold Bank in Hamburg, Germany is a duly registered financial institution. Client deposits are insured according to Germany’s Bank Deposit Insurance Act. As the account holder and signatory you are the only person able to withdraw funds from the account.
With a Self-Directed Account, you will have real time on line access to execute your trading strategy. There is no need to wait in line on the phone or go to a branch office to send an order. Watch all investment activity as it happens. Trade by trade and hour by hour. As an opt-in benefit, you are also welcome to subscribe to the twitter feed which will update you in real time on market movements and trading decisions taken throughout the day.
Because your money is held in your own bank account, you, and only you, can make partial or complete withdrawals at any time without prior notification.
Apart from the obvious benefits of transparency ( you can see your account at all times) and flexibility (you can withdraw funds at any time), VG Self-Directed Accounts can be traded virtually at any size. You have access to fx, CFD as well as global futures products. Trading is a professional business, not a game. And we do not want gamblers as clients. We believe that a successfull investment strategy is founded on diversification.
We welcome every client. It is mandatory however, that you meet all compliance requirements.
- A certified copy of your government ID, proof of address and your original signature are required to open your bank account.
- Varengold Bank offers account in EUR and USD denomination. Please be aware that only EUR accounts are covered under the Government’s Deposit Insurance Act.
"Varengold Bank FX" is an online Foreign Exchange Trading Service provided by Varengold Investment Bank AG (Varengold Wertpapierhandelsbank AG). The German investment bank was founded by the current management board Steffen Fix and Yasin Sebastian Qureshi over fourteen years ago. It is the only German financial institution with an exclusive focus on brokerage and managed futures. Varengold Bank FX provides a superior level of service to retail and institutional customers to sustain long-term relationships that will enable us to respond more efficiently and proactively to their changing needs. Varengold Bank FX’s goal is to provide our customers with the very best trade execution and service in the FX industry. In order to meeting our goals, Varengold Bank FX employs three strategies that are the backbone to our success: Customer Service, Safeguard and Execution.
Varengold Bank is regulated by the German Federal Office for Financial Services Law - BAFin - and it appears on the BAFin register under number 109 520/100.
