This promotion has now ended. Please check our Broker section for more exclusive offers.
The German investment bank Varengold is offering tradimo members €100 capital to start trading forex. This offer is intended to help you trade without losing your own money.
Check out the step-by-step guide to.
Frequently asked questions:
- Depositing at Varengold – receive 20% EXTRA on your first deposit
- Tell your friends; receive €50 additional trading capital
How long do I need to wait?
Once you, it will take up to 48 hours for the money to be credited to your free €100 account. You will be notified via email when your account has been credited.
If you wait for longer than 48 hours, please contact firstname.lastname@example.org
How can I withdraw my free trading credit?
You need to trade 8first to unlock the €100 free trading credit.
The available withdrawal / deposit options are: bank transfer, credit cards (VISA, Master), Skrill (Moneybookers) and PayPal.
Note: to withdraw with Skrill (Moneybookers) or PayPal you first need to make a deposit in order to verify your paypal/skrill account ownership.
» Information on deposits & the deposit bonus
Is the free trading credit really free?
Yes. The credit is also called a no-deposit bonus – a bonus for which no payment is required and can be used to trade.
To keep the money, you need to fulfill certain conditions:
- It's safe: you cannot lose more money than you have on your account.
- To keep your €100, you need to:
- Make at least 1 forex trade during the first 14 days
- Trade at least 10 during the first 60 days.
- Trade at least 8 within 2 years.
Why do I need to provide my bank account details?
There is no money debited from the account, the Free100 offering is completely free. A reference bank account is required to open a trading account for regulatory reasons, and is also necessary for any subsequent profits to be paid out.
Server change upon unlocking your free €100
Once you unlock your free €100 by trading 8 lots or by depositing, you need to change your trading account to an unlimited server and.
The server details will be sent to you via email. This is necessary to allow your account access to all trading instruments.
To change the server, you need to close all your positions manually.
Do I have to send Varengold any identification documents?
You do not have to send any ID documents to Varengold until:
- You have cleared your free €100 bonus or
- You have deposited your own money
Varengold will send you documents to the email address you list when opening an account, and you will have 14 days to return these documents to Varengold. Please see our guide:
Once you have either deposited or unlocked your free €100, you have two weeks to submit the signed Varengold Bank account opening documents.
If you do not verify your account, after these two weeks Varengold will automatically enable a status that allows you to connect and modify already open positions, but does not allow opening of new positions. You will be repeatedly reminded by email and this status is released as soon as all necessary documents have been submitted.
What can I trade with the free €100?
If you use only the free trading credit to trade, not allare available. Initially you can only trade forex, and only 5 currency pairs: , , , and .
Once you have deposited your own money or when you have "unlocked" your free trading credit, you can trade over 600 different assets including all currencies,, and via MetaTrader 4.
What leverage can I use with the free €100?
The defaultsetting is set at 200:1.
Technical questions / MetaTrader 4
Having technical problems with the trading software MT4?
Please see our MT4 guides:
You can send an email to email@example.com. Varengold support will promptly take care of your request. If you require an urgent response and open positions are affected, you can contact our order desk directly. This is available 24 hours a day between Sunday and Friday +49 40 66 86 49 33.
Everything else you want to know about free €100
Q: Is it possible to lose more than the free trading credit?
A: No. It is not possible to lose more than the free trading credit. If you deposit, you can lose your deposit but you will not lose more than the amount you deposited.
Q: I already have a live account at Varengold Bank FX. Can I get the free trading credit?
A: No. This bonus is only available to new customers.
Q: I already have a demo account with Varengold Bank FX. Can I still get the bonus?
A: Yes. Simply open a live account with Varengold Bank FX using the process described .
Q: Can I get the free trading credit more than once?
A: No. The trading credit can be claimed only once per person.
Q: Can I receive the free trading credit in another currency?
A: No. The offer of free trading credit is only available in EUR. This may change in the future.
Q: Can I receive tradimo points for trading with the free trading credit?
A: Yes. In order to receive tradimo points you must enter your account number .
Your question isn't covered?
First, look whether your question refers to one of the following additonal guides & FAQs:
- FAQ: Depositing at Varengold
And you can ask any question in our support thread:
If you require an urgent response and open positions are affected, please contact the Varengold order desk directly. The Varengold order desk phone number is: +49 40 66 86 49 33 (available 24 hours a day between Sunday and Friday).