WIseBanc

WikiFX | 2024-11-27 15:46

Абстракт：Founded in 2016, WIseBanc is an unregulated broker offering trading in Forex and various CFDs. Also, the spreads on EUR/USD are very high, fixed at 7 pips, and the broker provides an unknown web platform that is too simple and lacks some analytical tools. What's worse, the minimum deposit requirement is as high as $250.

Note: WIseBanc's official website -https://wisebanc.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.

WIseBancReview Summary
Founded	2016
Registered Country/Region	Bulgaria
Regulation	No regulation
Market Instruments	Currency pairs, and various CFDs, including indices, commodities, stocks, and cryptocurrencies
Demo Account	/
Leverage	Up to 1:400
Spread	7 pips (Basic account)
Trading Platform	Web
Min Deposit	$250
Customer Support	Email: support@wisebanc.com

Founded in 2016, WIseBanc is an unregulated broker offering trading in Forex and various CFDs. Also, the spreads on EUR/USD are very high, fixed at 7 pips, and the broker provides an unknown web platform that is too simple and lacks some analytical tools. What's worse, the minimum deposit requirement is as high as $250.

Pros and Cons

Pros	Cons
Various trading products	Inaccessible website
Multiple account types	No regulation
	Wide spreads
	No MT4/5
	High minimum deposit
	No info on payment methods
	Only email support

Is WIseBanc Legit?

No, WIseBanc has no valid regulations. It's not safe for investors to choose this brokerage.

What Can I Trade on WIseBanc?

Tradable Instruments	Supported
Currency pairs	✔
CFDs	✔
Indices	✔
Commodities	✔
Stocks	✔
Cryptocurrencies	✔
Bonds	❌
Options	❌
ETFs	❌

Account Type

Account Type	MinDeposit
Basic	$250
Bronze	/
Silver	/
Gold	/
Platinum	/
Diamond	/

Leverage

The leverage is up to 1:400 for all account types. Typically, high leverage means that investors can control larger trading positions with less capital, which increases potential returns and risks.