Wikilix
VARIANSE logo

VARIANSE

Regulated
United Kingdom
,
Since 2015
Last Updated:
55/100
Overall Score

Trading Conditions

Min Deposit:
USD500
Max Leverage:
500
Account Types
ClassicECNPrime

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

5 methods

Credit/Debit Cards (Visa, MasterCard)

credit card
Instant
Fee:
1.5%
Fee:
Free

E-Wallets (Skrill, Neteller)

e wallet
Instant
Fee:
3.9%
Fee:
Free

Cryptocurrencies (BTC, ETH, USDT, and 10 more coins)

crypto
Instant
Fee:
1.0%
Fee:
Free

Bank Wire Transfer

bank transfer
Instant
Fee:
Free
Fee:
Free

Bank Wire Transfer (Withdrawal)

bank transfer
3 days
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 64%, 2: License 62%, 3: Software 51%, 4: Spread 0%, 5: Account Type 42%, 6: Symbol 0%
Regulation
64%Fair
License
62%Fair
Software
51%Fair
Spread
0%Poor
Account Type
42%Poor
Symbol
0%Poor

Company Information

Full Name:VDX Ltd
Founded:2015
Headquarters:United Kingdom
Enterprise Offices:1offices

Customer Support

Phone:
+44 (0) 203 475 2285
Live Chat:
business_hours
Response Time:
Languages:
English
Scroll Down
Editorial review
Updated

Broker Summary

What Wikilix has recorded about VARIANSE: its history, the licences it holds, its trading conditions and its fees.

Introduction and Overview

VARIANSE is a broker and financial service that offers traders access to everywhere in the world where trades can be made. There is limited information on VARIANSE as the company considers itself to be a place for both beginning and experienced traders who want to trade a variety of products.

Brokers such as VARIANSE are necessary to allow traders the ability to trade in financial markets, to have access to tools for trading, and to ensure that trades will be completed in a timely manner. The purpose of this article is to give an overview of VARIANSE, which will include the history of the company, key features and services, the regulatory status of VARIANSE, the terms and conditions for trading through VARIANSE, the fees for trading through VARIANSE, and how traders will experience trading with VARIANSE based on the information that we have.

Background History

There is little information publicly available about VARIANSE and its founding and history. This would indicate that the broker is either very new, or does not operate with a large public presence. Therefore, there is a lack of information to provide.

Additionally, without historical data, it is difficult to know how the broker has grown or what milestones the broker has completed. However, since the broker provides primarily trading services, the broker is attempting to be a good-quality brokerage in the highly competitive brokerage industry.

Key Features and Offerings

VARIANSE provides a broad array of trading services to accommodate all different types of traders. At this time, because there are no details, brokers such as VARIANSE generally offer access to a variety of product types, which would include, but may not be limited to, forex, commodities, indices, and possibly cryptocurrencies.In addition, it is likely that VARIANSE will utilize some of the most well-known trading platforms and tools, to allow for quick and efficient order execution and analysis of market activity. They may provide some level of educational content, plus customer service and account management options to improve your overall trading experience at their site.

Below are possible financial instrument options offered to you by VARIANSE. However, they do not specifically disclose what instruments will be provided through their brokerage service:

Forex pairs

Commodities (i.e., Gold and Oil).

Indexes of stocks (i.e., S&P 500, etc.)

Cryptos through contracts for differences (CFD ).

When you are searching for a broker, one primary consideration you will want to look at is how well-regulated the brokerage firm is. Unfortunately, not much regulation or compliance information has been provided on VARIANSE to date. Because of this regulatory gap, people looking for guidance on working with them should conduct appropriate due diligence on the individual.

The summary table below indicates what has been found by the current investigation into VARIANSE's regulation.

Regulator License # Status REVIEWER

Limited

— —

Trading Conditions and Technology Planning

Traders must consider both the trading conditions offered by a broker (i.e., their spreads, their minimum deposits, and their maximum leverage) and the type of trading platform a broker operates on. Therefore, at this time, there are no publicly available details listing VARIANSE's trading conditions.

Similarly, specific technology platform information has yet to be made public by VARIANSE. Most brokers utilize a technology framework facilitated by either MetaTrader 4/5, or through proprietary platforms hosted via the web/mobile application. The ability toThe following is a summary of the current trading information from VARIANSE:

Some basic features of trading include:

Spreads - LITTLE TO NO DATA -

Leverage - LITTLE TO NO DATA -

Minimum Deposit - LITTLE TO NO DATA -

Trading Platform - LITTLE TO NO DATA -

It is important for all traders to understand broker fee structures and how to manage all fees when trading. At present, there is little-to-no information available about VARIANSE's fee structure, including any deposits, withdrawals, or commissions.

Fee structures of most brokers generally include the following:

Deposit Fee -

Withdrawal Fee -

Commission per trade -

Overnight Swap Fee -

The chart below summarizes the current status of fees associated with trading at VARIANSE.

Deposit Fee -

Withdrawal Fee -

Commission -

User Experiences

Due to a lack of overall public review of broker’s operations or a lack of sufficient overall public information on VARIANSE, determining VARIANSE's overall market reputation is very difficult. Therefore, before making any financial commitment to VARIANSE, traders considering trading with VARIANSE are strongly encouraged to look for independent reviews of VARIANSE and research VARIANSE's credentials independently.

Usually, the market reputation for traders is built on the following criteria: quality of customer support, platform reliability, speed of execution, and overall level of transparency from the broker. Thus, because of no sufficient level of data available, all potential brokerage customers should investigate VARIANSE thoroughly prior to any financial transaction when using the VARIANSE brokerage platform.

Conclusion

In summary, VARIANSE is a trading broker and there is a lack of public information about VARIANSE’s history and background, regulatory compliance, trading conditions, and fee structure all with little to no overall information. Despite having the appearance of normal market trading operations, due to the overall lack of sufficient data, all potential customers should strongly consider using caution when dealing with VARIANSE.

All traders that are interested in trading with VARIANSE should develop a due diligence strategy toward finding the regulatory status of the VARIANSE brokerage and confirming they are receiving clear and concise information from VARIANSE, BEFORE making any investment with VARIANSE. Prioritizing security, reliability and transparency related to all financial service or transaction providers will assist all traders achieve a higher level of success in the trading world.

Regulation check

Regulatory Licenses

VARIANSE is listed with a tier-1 or tier-2 licence that we have not yet checked against the regulator's register. An unchecked row is not a finding either way.

0 of 4 checked
Licences on record
4
Confirmed on register
0
Tier 1 or 2
1
Offshore
2

How far our check got

  • 4 not yet checked
  • FCATier 1United KingdomStraight Through Processing(STP)No. 802012

    What the register says

    Licence number
    802012
    Type
    Straight Through Processing(STP)

    Client protection under this licence

    • Compensation schemeUp to £85000 (FSCS)
    • Client money kept separate
    • Negative balance protection
    • Complaints routeFinancial Ombudsman Service
    • Maximum leverage1:30

    These are the rules FCA sets for the firms it licenses. They are not a statement about how VARIANSE applies them, or about which of its companies would hold your account.

    About Financial Conduct Authority

    Onshore regulatorGovernment bodyCompensation: Up to £85000 (FSCS)Public registerTransparency: high
    Typical cost of this licence
    £100000+ (including compliance setup)
    Open the full licence record
  • FSCTier 3OffshoreMauritiusFinancial ServiceNo. C118023323

    What the register says

    Licence number
    C118023323
    Type
    Financial Service

    Client protection under this licence

    • No compensation scheme
    • Complaints routeFSC Complaints
    • Maximum leverage1:1000

    These are the rules FSC sets for the firms it licenses. They are not a statement about how VARIANSE applies them, or about which of its companies would hold your account.

    About Financial Services Commission

    Offshore regulatorGovernment bodyNo compensation schemePublic registerTransparency: medium
    Typical cost of this licence
    USD 20000-30000
    Open the full licence record
  • FSATier 3OffshoreSaint Vincent and the GrenadinesCommon Business RegistrationNo. 3973 LLC 2025

    What the register says

    Licence number
    3973 LLC 2025
    Type
    Common Business Registration

    Client protection under this licence

    • No compensation scheme
    • Complaints routeFSA Enquiries
    • Maximum leverage1:1000

    These are the rules FSA sets for the firms it licenses. They are not a statement about how VARIANSE applies them, or about which of its companies would hold your account.

    About The Seychelles Financial Services Authority

    Offshore regulatorGovernment bodyNo compensation schemePublic registerTransparency: low
    Typical cost of this licence
    USD 10000-20000
    Open the full licence record
  • LFSATier 3MalaysiaFinancial ServiceNo. MB/20/0051

    What the register says

    Licence number
    MB/20/0051
    Type
    Financial Service

    Client protection under this licence

    • Compensation schemeDeposit insurance up to RM 100,000 per depositor
    • Client money kept separate
    • Complaints routeLabuan FSA complaints channel
    • Maximum leverage1:96

    These are the rules LFSA sets for the firms it licenses. They are not a statement about how VARIANSE applies them, or about which of its companies would hold your account.

    About Labuan Financial Services Authority

    Onshore regulatorGovernment bodyCompensation: Deposit insurance up to RM 100,000 per depositorPublic registerTransparency: medium
    Typical cost of this licence
    Paid-up capital MYR 500,000; annual fee USD 1,500
    Open the full licence record
Trading accounts
Updated

Account Types

3 account types on record. Minimum deposit from USD 100. Leverage up to 1:500.

3 account types
AccountMin DepositLeverageCommission
ClassicStandardUSD 1001:500No commission; spreads from 1 pip
ECNUSD 5001:500$3.50 per lot per side
PrimeVIPUSD 25,0001:1Negotiable commission
Account names and conditions as published by VARIANSE, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

5 ways to fund an account. One with no deposit fee. 4 credit instantly. The costliest way in is E-Wallets (Skrill, Neteller) at 3.9%.

5 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Credit/Debit Cards (Visa, MasterCard)Credit Card
Some card issuers may charge additional fees. Widely accepted in most countries.
1.5%FreeNot recordedUSD 100Not recordedInstant
E-Wallets (Skrill, Neteller)E-Wallet
Higher fees compared to bank transfers. Availability may vary by country.
3.9%FreeNot recordedUSD 100Not recordedInstant
Cryptocurrencies (BTC, ETH, USDT, and 10 more coins)Cryptocurrency
Subject to network transaction times. Availability may vary by country.
1%FreeNot recordedUSD 100Not recordedInstant
Bank Wire TransferBank Transfer
Ensure bank details are accurate to avoid delays. Available in most countries.
FreeFreeNot recordedUSD 100Not recordedInstant
Bank Wire Transfer (Withdrawal)Bank Transfer
Clients may need to provide up-to-date bank statements. Available in most countries.
Not recordedFreeNot recordedUSD 100Not recorded3 days
Fees, limits and processing times as published by VARIANSE, recorded by Wikilix.
Trading software

Trading Platforms

2 trading platforms on record: MetaTrader 4 and cTrader.

2 platforms
  • MetaTrader 4 logo

    MetaTrader 4

    by MetaQuotes Software Corp.since 2005Developer site

    MetaTrader 4 (MT4) is a popular trading platform for Forex and CFDs, offering advanced charting, automated trading via Expert Advisors, and fast, reliable execution.

    Runs on

    • Windows
    • Mac
    • Web
    • Android
    • iOS
    Details
  • cTrader logo

    cTrader

    by Spotware Systems Ltdsince 2011Developer site

    cTrader is a powerful and modern trading platform built for professional traders. It offers advanced charting, automated trading via cAlgo, fast execution, and seamless integration through REST and FIX APIs

    Runs on

    • Windows
    • Mac
    • Web
    • Android
    • iOS
    • API
    • REST API
    • FIX API
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Websites

Global Domains

One domain on record. All active and served over HTTPS.

1 domain
  • varianse.co.ukListed domainActiveHTTPS
Domains recorded by Wikilix. Only a domain listed here is known to belong to this broker.
Social channels

Social Presence

4 official channels on record.

4 channels
Channels as published by the broker, recorded by Wikilix.
Legal entities

Corporate Network

One legal entity behind the VARIANSE brand.

1 entity
  • VDX LTDActiveUnited KingdomRegistration 11050659Established Nov 7, 2017
Entities named in the broker's own documents and company registers, recorded by Wikilix.

Comments

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