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No Regulation
Score
1.42 /10
Danger
Bankwisse
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Comparison
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Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index6.34
Risk Management Index0.00
Software Index4.00
License Index0.00
Open Account
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 :
2024-11-12
- 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
Note: Bankwisse' official website: https://www.bankwisse.com/ is currently inaccessible normally.
| Bankwisse Review Summary | |
| Founded | / |
| Registered Country/Region | United States |
| Regulation | No Regulation |
| Market Instruments | Forex |
| Demo Account | ❌ |
| Leverage | Up to 1:200 |
| Spread | From 4 pips |
| Trading Platform | Web-based trading platform |
| Min Deposit | €500 |
| Customer Support | Phone: +1-987-654-1234, +1-987-654-4567 |
| Email: support@bankwisse.com | |
Bankwisse is an online trading platform.However, there have been reports and concerns, including discrepancies between the advertised features on the website and the actual capabilities of the platform, as well as no regulation status.
Pros and Cons
| Pros | Cons |
| Multiple account types | Website unavailable |
| Wide spreads | |
| Not MT4 available | |
| Not regulated | |
| Limited trading instruments | |
| High minimum deposit | |
| Limited payment options |
Is Bankwisse Legit?
Bankwisse currently has no valid regulation, which means that there is no government or financial authority oversighting their operations. Besides, the official website of Bankwisse is inaccessible, indicating that the trading platform may have absconded.
What Can I Trade on Bankwisse?
Bankwisse only offers trading of forex.There's no ETFs trading or bonds trading.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ❌ |
| Indices | ❌ |
| Cryptocurrencies | ❌ |
| Shares | ❌ |
| ETFs | ❌ |
| Bonds | ❌ |
| Mutual Funds | ❌ |
Account Type
Bankwisse offers three live account types including VIP Club account, Platinum account, Gold account and Silver account with the minimum deposit requirement of €100000, €25000, €5000 and €500 respectively.
Leverage
Bankwisse provides its clients with a maximum leverage of 1:200. With a leverage of 1:200, traders can trade with an amount that is 200 times the value of their account balance.
Trading Platform
Bankwisse offers web-based trading platform for its clients. Instead of the anticipated trading platform, they are met with a simplistic chart that solely provides information on the current Bitcoin prices.
Deposit and Withdrawal
Bankwisse accepts deposits and withdrawals via credit card.
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