Overview

How to Start Trading Forex & CFDs with WiseBanc?
Find Out in This 100% Detailed Review by Experts
Is Wise Banc a Scam or a Safe Platform – See Below!

Read Full Review See Conclusion

Details

BrokerWise Banc
Official Website URLwww.WiseBanc.com
HeadquartersOrion Service EOOD , 39 Aleko Konstantinov st ,Sofia ,Bulgaria
Support Number+359-52919520
Support TypesLive Chat, Phone, Contact Form, E-mail
Minimum 1st Deposit$250
PayoutUp to 88%
Free Demo Account Open FREE Demo
Account TypesMini, Silver, Gold, Platinum, Diamond
Deposit & Withdrawal MethodsVisa, MasterCard, Maestro, Diners Club, Neteller, Yandex, Web Money, Qiwi, Delta, American Express, Cash U, Skrill MoneyBookers, Bank Wire
Account CurrencyUSD, EUR
Overall Score9.4/10

Full Review

Wise Banc is a new broker that recently entered the forex trading horizon. The broker is operated by a company called Orion Service EOOD which is based in Bulgaria. Since the brokerage was founded in 2017 and not many reviews have been posted about them on the internet, we decided to carry out an in-depth investigation and reveal the facts about them.

In this review, we have managed to highlight the details about Wise Banc and whether or not they are a viable option for traders looking to invest in Contracts for Difference.

Trading with Wise Banc is Easy

Setting up a trading account with Wise Banc is quick and simple. There is a variety of account types available that you must choose from. Once you have made a selection, you can add the required deposit by choosing a preferred payment option. The minimum amount required to open an account with Wise Banc is $250.

Your choice of account will determine the kinds of assets you can trade and the benefits you are eligible for. How much you have to add into your account as the minimum initial deposit is also determined by the type of account you choose.

The trading windows range from 30 seconds and go up to a month. Traders have the flexibility to choose expiration that suits their trading needs.

Review Verdict: Wise Banc is Not a Scam
Visit Wise Banc Official Website

 

Web-based Trading Platform

The broker operates on the TraderSoft trading platform. This platform is quite popular and is used by some of the top forex and CFD brokers on the market. The trading platform also supports cryptocurrencies which is a good thing.

There are hundreds of assets available for trading including a wide variety of stocks, commodities, indices and forex. The leverage offered on the underlying assets is also pretty good.

As a trader, you have the option to use the web-based trading platform or download the mobile version on your smartphone or tablet. The mobile app is available for iOS and Android powered devices.

Is Wise Banc A Fair Forex Broker?

During our investigation, we did not come across anything suspicious about this broker. Even as a new entrant, they have managed to win the hearts of many traders. The brokerage is very promising and it looks like they are here to stay.

Regarding their regulatory status, the brokerage is not directly regulated, but their owning company is. The company is regulated by Vanuatu Financial Services Commission and over the years, they have managed to establish solid reputation and a strong public image.

After digging a bit more, we found that the broker has put in a lot of hard work to offer high quality service to its clients. While many brokers offer a single trading account, traders can make a choice from 5 different types of accounts at Wise Banc. Each of the account type has its own benefits, perks and features. In addition, there is a large selection of assets and the broker has also taken the initiative to compile comprehensive learning materials to assist its clients with the learning process.

The trading platform they utilize is easy to use. It is fast, reliable and offers many trading instruments. The range of options and features available at Wise Banc basically make it easy for traders to develop their own trading strategies for maximum benefits.

Account Tiers Available and Bonuses Explained

The accounts available at Wise Banc has been tailored to help traders meet their trading goals and expectations. Currently, there are 5 types of accounts which traders can choose from.

  • Mini – starts with a minimum deposit of $250 and includes live news updates, customer support, charts and technical analysis, access to trading academy and 82% payout.
  • Silver – has all the benefits of Mini Account including personal coach and trading central.
  • Gold – has all the benefits of Silver Account including 84% payout and email and SMS alerts.
  • Platinum – has all the benefits of Gold Account including 86% payout and live trading sessions.
  • Diamond – has all the benefits of Platinum Account including 88% payout and higher trading limits.

Traders can collect reward points to withdraw their bonus. In fact, they have a choice to accept or decline bonuses based on the terms and conditions they are accompanied with. If a trader chooses to accept a bonus, he/she can accumulate reward points. For every point they collect, they get $10. However, it is crucial for traders to understand the bonus policy before they accept the bonus because it may require a lot of hard work on the part of the trader before they are actually able to withdraw the bonus.

Review Verdict: Wise Banc is Not a Scam
Visit Wise Banc Official Website

 

Customer Service

The broker offers support service via email, phone and live chat. The two languages that their website support are English and Arabic. Although the range of languages is limited, support service is offered 24 hours a day.

The team is friendly and well-educated. They are professional and their aim is to resolve issues within the shortest possible time. Perhaps this is the reason complaints about the broker are non-existent. We are quite happy with the level of customer service they offer. It goes a long way to show how much they actually care about the needs of their clients.

Conclusion

Wise Banc has established a reputation for itself in the industry. Despite being a new broker, they are already liked by many traders from across the globe. Their service, features, trading tools and platform are excellent.

Put simply, Wise Banc is a great choice for both new and experienced traders. The brokerage is reliable and we can gladly recommend them as a legit option.

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