Brokers  /  VARCHEV FINANCE

VARCHEV FINANCE

Moderate riskForex / CFD broker
Bulgaria · 5-10 years · since 2019-05-05 · Varchev Finance Ltd
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Independent ratingshow third parties score this broker
WikiFX2.14/10
Trustpilot/5
Forex Peace Army/5
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VARCHEV FINANCE operates in your country (United States) — but holds no local license. You’d likely be onboarded under an offshore entity, which means weaker fund protection. Confirm which entity before depositing.
25
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Limited public information available
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing3835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration458%
Transparency (site/info/social)2510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameVarchev Finance Ltd
Headquarters Bulgaria
Founded2019-05-05
Years operating5-10 years
Employees0
Official websitevarchev.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
98 "Patriarh Evtimii" Blvd

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
FSCDerivatives Trading License (EP)RG-03-02-05BulgariaRegulated

Review analysis AI

Varchev Finance is a regulated Bulgarian broker with a derivatives license, but its limited public information and 'Guarded' risk score warrant caution. Traders should verify its offerings directly and consider the lack of independent user reviews before committing funds.

Best for
  • Traders seeking a regulated broker in Bulgaria
  • Traders interested in low spreads and bonuses
Not for
  • Risk-averse investors seeking full transparency
  • Traders requiring detailed independent reviews
Period:

Real user reviews

Where VARCHEV FINANCE operates

Active across 11 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇧🇬 Bulgaria Licensed
🇳🇬 Nigeria
🇺🇸 United States
🇻🇳 Vietnam
🇩🇪 Germany
🇺🇦 Ukraine
🇮🇳 India
🇵🇱 Poland
🇵🇰 Pakistan
🇳🇱 Netherlands
🇹🇷 Turkey

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About VARCHEV FINANCE

Overview

Varchev Finance is a Bulgarian trading platform established on 5 May 2019. The company is registered at 98 "Patriarh Evtimii" Blvd, Bulgaria. It describes itself as a 30-year-old trading brand, suggesting a legacy in financial services.

The broker offers a range of instruments including forex, CFDs, and other derivatives. It promotes low spreads and bonuses to attract traders. The firm maintains a presence on Facebook, Instagram, LinkedIn, and YouTube.

Regulation and Licensing

Varchev Finance holds a Derivatives Trading License (EP) from the Financial Supervision Commission (FSC) of Bulgaria. The license status is listed as 'Regulated'. This provides a degree of oversight within the European Union framework.

However, the FXCanary Scam Risk Score of 25/100 (Guarded) indicates that traders should exercise caution. The score reflects limited public information and potential regulatory gaps despite the license.

Company Background

The company's registration in Bulgaria aligns with its FSC license. The address is in Sofia, a major financial hub. Despite being founded in 2019, the broker claims a 30-year history, which may refer to the Varchev brand lineage.

No official website or detailed corporate disclosures are publicly available from the provided facts. This lack of transparency contributes to the guarded risk assessment.

Trading Conditions and Offerings

Based on the company description, Varchev Finance provides access to diverse asset classes including forex, commodities, indices, and possibly cryptocurrencies. It advertises low spreads and trading bonuses, common incentives in the retail FX/CFD space.

Specific account types, leverage options, or platform details are not available from the known facts. Traders seeking this information would need to consult the broker directly or await official publications.

Target Audience

Varchev Finance appears to target retail and experienced traders interested in leveraged derivative products. The bonus offers and low spread claims are typical marketing for attracting volume-driven traders.

Given its Bulgarian regulation, the broker may primarily serve clients within the European Economic Area, though its target market is not explicitly stated.

Social Media and Presence

The broker maintains active profiles on major social networks including Facebook, Instagram, LinkedIn, and YouTube. This suggests efforts to engage with the trading community and provide educational or promotional content.

However, no specific URLs or follower counts are available. The social media presence does not substitute for a transparent, independently verifiable website.

Overview compiled by FXCanary from regulatory records and public data. full VARCHEV FINANCE review