Based in Bulgaria, WiseBanc is a retail trading broker that gives traders access to trade over 200 financial instruments across different asset classes, such as commodities, indices, stocks, forex, and more. Trades are executed using the broker’s proprietary trading platform, whilst there is a range of trading tools and educational resources to help traders get the best from their trading. The broker provides a client support team to assist traders, and they have been honoured with multiple industry awards in the past few years, including the Best Forex Service Provider 2017, Best EU Broker 2015, and more.
WiseBanc Review Introduction
In this WiseBanc review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including WiseBanc.
WiseBanc Platforms & Tools
The broker provides their clients with an in-house-developed trading platform for trading the offered financial products. The platform is built with a range of useful trading features, including one-click trading functionality, interactive charts, multiple timeframes, technical indicators, and more. It also supports trading scripts and allows traders to automate their trading strategies using expert advisors. The platform can be downloaded as a desktop application for Windows and Mac computers and a mobile app for Android and iOS devices. There is also the web version that can run directly on most modern web browsers, such as Chrome, Safari, Firefox, and Edge, without the need to download or install any application.
There is a range of analytical tools to enhance the overall trading experience, whilst clients are provided with a dedicated personal account manager to assist them
WiseBanc Research & Education
Traders can benefit from a selection of educational resources on the broker’s website. The resources include Trading Mentor, News, and an FAQ section that offers quick answers to some of the common questions that traders may have.
WiseBanc Trading Accounts
WiseBanc offers a variety of different trading account options to meet the individual trading needs of clients, and they include the Basic Account, Bronze Account, Silver Account, Gold Account, and Platinum Account. There is also the demo accounts for practicing with virtual funds.
WiseBanc Account Funding
The following payment methods are available for both account deposits and withdrawals at WiseBanc: credit/debit cards, bank wire transfers, bitcoin transfer (BitSend), and alternative payment methods, such as Entropay Virtual Card, Neteller, and e-Bay. The transaction processing times may vary depending on the payment provider used.
WiseBanc Customer Service
The broker has a customer support team that is available to respond to traders’ inquiries via telephone, email, Live Chat, and social media.
WiseBanc is owned and operated by Orion Service EOOD. But there is no regulatory information on its website at the moment.
WiseBanc Review Summary
WiseBanc is an online trading broker that was launched in 2014 in Bulgaria. The broker provides traders with a proprietary trading platform to enable them to trade over 200 tradable assets. Traders get access to some helpful trading tools and a selection of learning materials, while a client support team is readily available to assist at every point. However, there is no regulatory information on the broker’s website at the moment.
It is worth mentioning that some of the trading products and services in this WiseBanc review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the WiseBanc broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.