Score

1.38 /10
Danger

BILANCE

Saint Vincent and the Grenadines

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index6.02

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

BILANCE · Company summary

Note: Since BILANCEs official site (https://www.bilancecapital.com) is not accessible while writing this introduction, only a cursory understanding can be obtained from the Internet.

General Information & Regulation

BILANCE, a trading name of Bilance Capital LLC, is allegedly an unregulated financial firm registered in Saint Vincent and the Grenadines that claims to provide its clients with leverage up to 1:1000 and floating spreads from 0.5 pips, as well as a choice of two different account types.

Account Types

There are two live trading accounts offered by BILANCE, namely STD and ECN. Opening any of them requires the minimum initial deposit amount of $10.

Leverage

A leverage ratio of up to 1:1000 is offered by BILANCE, which is much higher than that provided by most brokers. Inexperienced traders are advised not to use too much leverage since leverage magnifies gains and losses.

Spreads & Commissions

BILANCE claims that different account types can enjoy quite different spreads and commissions. For example, the STD account has spreads from 0.5 pips with zero commission, while the ECN account has a commission of $6.

Deposit & Withdrawal

BILANCE accepts deposits and withdrawals via various crypto wallets, such as Bitcoin, Ethereum, Litecoin, Tether, Perfect Money, USD Coin, Binance USD, Dai, Dogecoin, etc. The minimum initial deposit requirement is said to be $10. Some methods may be charges some mining fees.

Customer Support

BILANCEs customer support can be reached by telephone: +1 631 419 3221, email: info@bilancecapital.com. Company address: First Floor, First St Vincent Bank LTD Building James Street Kingstown St Vincent and the Grenadines.

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