Score

1.54 /10
Danger

Bernstein

Germany

5-10 years

Suspicious Regulatory License

Suspicious Overrun

High potential risk

C

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Score

Regulatory Index0.00

Business Index7.26

Risk Management Index0.00

Software Index4.00

License Index0.00

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Warning: Low score, please stay away! 2
Previous Detection : 2025-01-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The GermanyBaFin regulation (license number: 146888) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

Bernstein · Company summary
Bernstein Review Summary
Founded2016-05-10
Registered Country/RegionGermany
RegulationSuspicious Clone
Market InstrumentsCFDs/Indices/Commodities/Forex/Metals/Shares/Crypto/Currencies
Demo Account
PlatformBernstein Client
Customer SupportTel: +49 (0)89 2154 310-33
Fax: +49 (0)89 2154 310-99
Email: service@bernstein-bank.com

Bernstein Information

Registered in Germany, Bernstein is a bank specializing in various trading markets such as CFDs, Indices, Commodities, Metals, Shares, Crypto, Forex, and Currencies.

Commodities offer a wide range of raw materials. From precious metals to industrial metals, from fossil fuels such as oil and gas to agricultural raw materials. Shares have a commission/fixed fee of only 10 EUR per round of trading.

Bernstein Information

Is Bernstein Legit?

Federal Financial Supervisory Authority(BaFin) regulates Bernstein with license number 146888 and License Type Common Financial Service License. However, the 'Suspicious Clone' current status is not as safe as the regulated one.

Is Bernstein Legit?
Is Bernstein Legit?

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Trendingtrader13602
more than one year
Let's dive into the MT4 trading platform first. They brag about it being solid, but my experience? Far from it. Picture this: I'm trying to jump on a quick market move, right? I place my order, and it's like the platform decides to take a nap. By the time my trade executes, the moment's gone, and so's my chance for profit. It's like trying to race with a flat tire. Now, onto the spreads for forex and indices. You'd think "competitive" means something to them, but nah, their spreads are as wide as a river. It's like they're setting you up to fail before you even start. Trading forex felt like I was just donating my money to the Bernstein charity fund.
Let's dive into the MT4 trading platform first. They brag about it being solid, but my experience? Far from it. Picture this: I'm trying to jump on a quick market move, right? I place my order, and it's like the platform decides to take a nap. By the time my trade executes, the moment's gone, and so's my chance for profit. It's like trying to race with a flat tire. Now, onto the spreads for forex and indices. You'd think "competitive" means something to them, but nah, their spreads are as wide as a river. It's like they're setting you up to fail before you even start. Trading forex felt like I was just donating my money to the Bernstein charity fund.
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2024-02-23 15:37
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FX1355793305
more than one year
With the webinars and guidance from this broker, I am only looking forward to being able to use the knowledge these guys have opened my eyes to. I can only see it getting better once my reading of the charts moves up to a better level.
With the webinars and guidance from this broker, I am only looking forward to being able to use the knowledge these guys have opened my eyes to. I can only see it getting better once my reading of the charts moves up to a better level.
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2023-03-10 14:34
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