Varchev Finance EOOD
Primary
BG
Registration not shown
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1 entity
1 account
unverified
unverified
unverified
unverified
Broker profile
VA
Varchev Finance Review: Is It Legit and Regulated?
Varchev Finance EOOD
BG
Since 2002
AKA Varchev Brokers
AKA Варчев Финанс
FindMyFX score
high risk5.5/10
0
Score out of 10
10
Independent assessment
Updated 2026-07-21
Contact & regulation
- Official website
- varchev.com
- Address
- 186 Vladislav Varnenchik Blvd., Floor 3, 9000 Varna, Bulgaria
- Contact
- 186 Vladislav Varnenchik Blvd., Floor 3, 9000 Varna, Bulgaria
- Primary license
- FSC · Unverified
Missing values mean the information has not been verified or published yet—not that the broker does not provide it.
Quick verdict
Is Varchev Finance legit and regulated?
FindMyFX has license records for Varchev Finance, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.
This is a source-limited research summary, not a safety guarantee or investment recommendation.
Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.
Broker-provided company information
Bulgarian investment firm offering forex and CFD trading through MetaTrader 5 and Varchev Absolute Trader. The Bulgarian Financial Supervision Commission lists the firm among supervised investment firms.
Professional broker overview
FindMyFX editorial summary
Varchev Finance EOOD is listed by Bulgaria's Financial Supervision Commission and the broker publishes license RG-03-02-05 dated March 15, 2006. Current official pages state retail forex leverage up to 1:30, EUR/USD spreads from 0.4 pips, zero commission on MT5 instruments subject to conditions, and STP/DMA routing to liquidity providers and bank market makers.
Prepared from reviewed sources for informational purposes. This is not investment advice.
Editorial note: Older official pages display leverage up to 1:500, while the current main page states retail forex leverage up to 1:30; this dataset uses the current retail figure and does not apply the older figure globally. The FSC has also published an administrative violation and a warning about an unrelated similarly named website.
- Operational status
- active
- Broker type
- STP
- Execution model
- The current official page states that orders are routed through STP/DMA flows to liquidity providers and major bank market makers.
- Support hours
- Not verified
Support languages: Bulgarian, English
Documented advantages
- Current official page publishes retail leverage, an EUR/USD spread floor, commission treatment, platforms, instruments, and execution model.
- The Bulgarian FSC lists the legal entity, address, phone, email, and websites.
Documented limitations
- Older official pages show higher leverage than the current retail page, so conditions must be matched to client classification and date.
- The FSC recorded a 2022 customer-identification compliance violation.
100%coverage
Published profile coverage
8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.
Company structure
Legal entities
Registered companies associated with this broker profile.
Trading access
Account types
Available account structures and their current verification state.
Retail CFD account
unverified- Deposit
- Not shown
- Leverage
- 1:30
Zero commission on MT5 instruments subject to stated conditions.
- Spread
- From 0.40 pips
- Base currencies
- Not shown
- Margin call / stop-out
- —% / —%
- Demo / Islamic
- Yes / Unknown
- Balance protection
- Available
- Last verified
- Not verified
Markets and instruments
Commodities
unverified
crypto CFDs
unverified
Forex
unverified
Indices
unverified
Metals
unverified
Stocks
unverified
Additional and historical websites
Additional broker contacts
Official email
FSC-listed phone
+359 52 631 000
Website live chat
https://www.varchev.com/en/
Research sources
Investment firms list
Financial Supervision Commission Bulgaria
unverified
Varchev Finance official homepage
Varchev Finance
unverified
Client-funds protection
Varchev Finance
unverified
FSC 2022 administrative measures index
Financial Supervision Commission Bulgaria
unverified
FSC notice on unrelated Vranchev Finance
Financial Supervision Commission Bulgaria
unverified
Licenses and regulators
FSC
RG-03-02-05/15.03.2006
Last verified: Not shown
Type: Investment intermediary
Client class: retail
Compensation: Bulgarian Investor Compensation Fund, as stated by the broker
Segregated funds: Yes
Negative balance protection: Yes
Risk flags
FSC customer-identification compliance violation
medium · draftThe FSC's 2022 administrative-measures index records that Varchev Finance did not complete required customer identification for a non-face-to-face relationship in the cited case.
Unrelated similarly named Vranchev Finance website
low · draftThe FSC stated that Vranchev Finance and vranchev-finans.com had no connection with licensed Varchev Finance EOOD or varchev.com.
Jurisdiction-specific offerings
BG · retail
unverifiedEntity not linked · Leverage 1:30
Bulgarian Investor Compensation Fund, as stated by the broker
Instrument trading costs
EURUSD
unverifiedTypical spread: — pips · Commission: 0.0000
Swap long — · short —
Score components
Regulation and licenses
7.5/10 · 35%The legal entity appears in the official FSC supervised-firms list and the broker publishes a specific license number.
Security and track record
5.0/10 · 20%Client-fund protections are disclosed, but the FSC also records a customer-identification violation.
Trading conditions
7.5/10 · 15%Current official pages publish retail leverage, EUR/USD spread floor, commission, platforms, instruments, and execution model.
Company transparency
7.5/10 · 10%Regulator and broker sources publish entity, address, contacts, license, conditions, platforms, risks, and historical notices.
Service quality
0.0/10 · 10%Official sources reviewed did not provide independently verifiable service-quality metrics.
Verified user reviews
0.0/10 · 10%No inspectable verified user-review dataset was found in the official or regulator sources reviewed.
Profile update history
Broker profile was published.
2026-07-20
Related regulated broker profiles
These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.