FCA — United Kingdom
VDX LTD
Regulated · No. 802012
VARIANSE Review — Overview
Regulation
Tier-1 regulated
Licence
FCA · No. 802012 • BY
Licence status
Regulated
Platforms
CTrader, MT4, and FIX API
Min. deposit
$500
Max. leverage
1:500
Instruments
Crypto, forex, energy, indices
Typical spread
From 0 pip
Operating
5-10 years
Main market
MY
Entity
VDX LTD
Website
Unknown
VARIANSE is a forex & CFD broker based in United Kingdom, operating for 5-10 years. On Trust Broker Hub it holds a Trust Score of 6.7 out of 10, which we rate as Fair — above the 5.3/10 average for brokers that hold a verified licence. Mixed profile — check regulation and conditions before depositing.
Crucially, VARIANSE is regulated by FCA and BY, including at least one tier-1 regulator. Tier-1 regulation is the strongest sign of legitimacy: it normally requires segregated client funds, regular audits and access to a compensation scheme if the broker fails — meaningful protection for your money.
VARIANSE provides access to Crypto, forex, energy, indices. Published conditions include a minimum deposit of $500 and leverage up to 1:500. No complaints are currently on record. Overall, VARIANSE has a mixed profile: check its regulation and conditions carefully before depositing.
Trust score breakdown
How is this calculated?
Weighted total
7.85
Data completeness
7 of 10 facts verified
70% ×0.85
Trust Score
6.7 / 10
Trust Score history
VARIANSE currently scores 6.7/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Regulated by a tier-1 authority
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Always verify the licence directly before depositing
Regulation
Tier 1 · Top
Verified
BY — United Kingdom
VDX LTD
Licence
Tier 3 · Offshore
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Crypto, forex, energy, indices, metals, and equities |
| Minimum deposit | $500 |
| Maximum leverage | 1:500 |
| Typical spread | From 0 pip |
| Platforms | CTrader, MT4, and FIX API |
| Demo account | / |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on VARIANSE
Our analysis · editorial
6.7/10
Tier-1 regulated, solid profile
VARIANSE holds a tier-1 regulatory licence among its 2 registrations (FCA, BY). It is based in United Kingdom. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 6.7/10 — a reasonable profile.
Strengths
- Authorised by a tier-1 regulator (FCA, BY)
- Holds 2 regulatory licences across multiple jurisdictions
- No complaints on record with us
- Supports CTrader & MT4 trading
- Accessible minimum deposit ($500)
Watch-outs
- Very high leverage available (1:500) — amplifies risk
Bottom line: A reasonable option, but confirm the entity you open an account with is the regulated one.
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
5 0
4 0
3 0
2 0
1 0
VARIANSE — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag VARIANSE here if that changes.
Full specifications
Regulated region
United Kingdom
Operating period
5-10 years
Main market
MY
Licensed entity
VDX LTD
License status
Regulated
Instruments
Crypto, forex, energy, indices, metals, and equities
Frequently asked
Is VARIANSE a safe broker?
VARIANSE scores 6.7 / 10 on our Trust Score, above the 5.3 average for brokers that hold a verified licence. It holds tier-1 regulation, which offers strong investor protection. It has no complaints on record with us. Trade only with funds you can afford to lose.
How is the VARIANSE 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. Read our methodology.
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 VARIANSE?
VARIANSE publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.