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Unregulated

VARCHEV

United Kingdom
Unregulated United Kingdom Cryptocurrency, Forex Listed on MetaQuotes MT5
1.0/ 10
Trust score

Unrated

Too little verified information to rate — that is not a warning about this firm, and not a green light either.

Licensed-broker average 4.9 / 10
VARCHEV has no verified tier-1 regulatory licence on record. See what this means →
User reviews
—
License status
None
Operating since
2000
Platforms
—
Min. deposit
—
Max. leverage
—
Account types
—
Website status
Online
checked 25 Oct 2026

VARCHEV Review — Overview

Updated 23 Oct 2026
Regulation
Unregulated
Licence status
Not Regulated
Instruments
Cryptocurrency, Forex, Indices, Gold
Operating
Est. 2000
Website
varchev.com · Online

VARCHEV is a cryptocurrency exchange based in United Kingdom, established in 2000. On Trust Broker Hub it holds a Trust Score of 1.0 out of 10, which we rate as Unrated — below the 4.9/10 average for brokers that hold a verified licence. Too little verified information to rate — that is not a warning about this firm, and not a green light either.

We could not verify any regulatory licence for VARCHEV. Trading with an unregulated broker is high-risk — your funds are not protected by any authority, and there is no official body to turn to if withdrawals are blocked or the broker disappears. We strongly recommend a regulated alternative from the list on this page.

VARCHEV provides access to Cryptocurrency, Forex, Indices, Gold. Its detailed trading conditions — minimum deposit, spreads and maximum leverage — are not publicly disclosed, which lowers transparency. No complaints are currently on record. Overall, we hold too little verified information about VARCHEV to say whether it is safe. Verify its licence with the regulator directly before depositing anything.

Trust score breakdown

How is this calculated?
Regulation no licence on record 1.0 / 10 × 50%
Transparency no trading-terms feed for exchanges 0.0 / 10 × 20%
Footprint track record 4.0 / 10 × 15%
Reviews no verified trader feedback yet 3.0 / 10 × 10%
Complaint record no complaint history on file 5.0 / 10 × 5%
Weighted total 1.65
Data completeness 1 of 5 facts verified 20%  ×0.60
Trust Score 1.0 / 10

We could verify only 1 of 5 facts about VARCHEV, so its score is scaled down. A missing licence, undisclosed trading terms or no track record cannot earn marks — absence of bad news is not evidence of safety.

Trust Score history

VARCHEV currently scores 1.0/10. The trend line will build here as the Trust Score is re-evaluated over time.

Pros

  • No unresolved complaints on record
  • Live website and reachable support channels
  • Listed in our verified broker directory

Cons

  • No verified regulatory licence on record
  • Trading conditions and fees not publicly disclosed
  • Always verify the licence directly before depositing

Regulation

0 licences

No regulatory licence on record for VARCHEV. Treat with caution and verify before depositing.

MetaQuotes registry

As listed in the MetaQuotes MT5 broker directory · checked 26 Oct 2026
Varchev Finance Ltd. MT5 server: Varchev
Registration number
103775285
Registered address
186 Vladislav Varnenchik Blvd., 3rd Floor, Office 4.035, Varna, 9009, Bulgaria
Offices
Bulgaria
Status (per MetaQuotes)
Regulation: Bulgaria
Website
www.varchev.com
Email
info@varchev.com
Abuse reports
info@varchev.com
Phone
Tel: +359 29545115, +44 20 3608 6256

Company details come from the broker's listing in MetaQuotes' MetaTrader 5 directory. A MetaQuotes listing is not a regulatory licence; see the Regulation section above for verified licences.

Trading conditions

Self-reported
InstrumentsCryptocurrency, Forex, Indices, Gold, Silver, Oil
Minimum depositNot disclosed
Maximum leverageNot disclosed
Typical spreadNot disclosed
PlatformsNot disclosed
Demo accountNot disclosed

We mark unverified fields as “Not disclosed” rather than estimate them.

Our verdict on VARCHEV

Editorial · updated 23 Oct 2026
Our analysis · editorial 1.0/10

Not enough verified information to rate

VARCHEV does not hold a verified regulatory licence on record. Based in United Kingdom, it has been operating for about 26 years. We hold too little verified information about VARCHEV to publish a verdict on it. Its Trust Score of 1.0/10 reflects that absence of evidence, not any finding against the firm — and it is not a clean bill of health either.

Strengths
  • Long 26-year operating track record
Watch-outs
  • No verified regulatory licence on record — funds may lack protection
Bottom line: We cannot vouch for this firm either way. Verify its licence with the regulator directly before depositing anything.

This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.

User reviews

0 reviews
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VARCHEV — Questions & Answers

0 questions

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Complaints & alerts

0 on record
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag VARCHEV here if that changes.

Full specifications

Regulated region
United Kingdom
License status
Not Regulated
Licences held
Suspicious Regulatory License, Exchange License
Instruments
Cryptocurrency, Forex, Indices, Gold, Silver, Oil
Year founded
2000

Frequently asked

Is VARCHEV a safe broker?
We hold too little verified information about VARCHEV to answer that. We have no regulatory licence, no published trading terms and no trader reviews on file for it, which is why it scores 1.0 / 10 — that reflects what we could not verify, not a finding against the firm. Having nothing on record is not evidence that it is safe. Verify its licence with the regulator directly before depositing anything.
What is the VARCHEV MT5 server name?
VARCHEV is listed in the MetaQuotes MetaTrader 5 directory under the server name "Varchev". In MetaTrader 5, add an account and search for that name, then choose the exact server shown in your account details from the broker. Read our methodology.
Is VARCHEV regulated?
MetaQuotes lists Varchev Finance Ltd. with the status "Regulation: Bulgaria". That is the broker's own declaration to MetaQuotes, not a licence we have checked. We hold no verified licence for it, so check the regulator's own register before depositing.
How is the VARCHEV trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from VARCHEV?
VARCHEV doesn't publish detailed withdrawal terms, so we can't verify processing times or fees. Test with a small amount first and document every transaction.