VarengoldBankFX — Forex Broker Division of German Bank

A German banking institution Varengold Wertpapierhandelsbank AG started the on-line retail Forex broker this year — VarengoldBankFX. It’s one of the few MetaTrader retail brokers maintained by the major banking institution. They support mini Forex accounts, but the minimum positions size is twice as much as usual 0.1 lot. CFD and metal trading is also available (CFD is not available to U.S. citizens). Unfortunately, like with many other institutional Forex brokers, wire transfer is the only accepted method of deposit and withdrawal.

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