Score
Wise Banc
Bulgaria|5-10 years| https://wisebanc.online
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Bulgaria
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed Wise Banc also viewed..
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Website
wisebanc.online
Server Location
United States
Website Domain Name
wisebanc.online
Server IP
104.24.111.162
Company Summary
General Information & Regulation
Wise Banc is a Bulgaria-based forex and CFD broker, with the company behind it not disclosed to all. In terms of regulation, Wise Banc does not fall under any regulatory authority. Traders should take extra vigilance when investing with this broker, or just stay away from this broker.
Official Website Unavailable
Since Wise Banc website cannot be opened or unavailable at this stage, we can only find minimal information about this broker from some broker reviews portals.
Market Instruments
Wise Banc only advertises that it can offer over 200 instruments, including forex and CFDs. Other trading assets are not mentioned.
Minimum Deposit
Wise Banc seems to require a minimum deposit of $1000, which is madly high. Keep in mind that most legit brokers only ask its traders to fund around $100 or even less into their accounts to start real trading.
Leverage
In terms of trading leverage, the maximum leverage level offered by Wise Banc is up to 1:1000, immensely high. Although this trading leverage is generous, inexperienced traders are not advised to use too high leverage given the fact that margin trading is full of risks.
Spreads & Commissions
Wise Banc only mentions that it offers low spreads, but does not specify its spreads on particular instruments. Besides, Wise Banc advertises that it offers a commission- free environment. Unregulated brokers love to scam traders by hiding their real trading costs, but in fact, trading on its platforms usually costs immensely much.
Trading Platform Available
When it comes to trading platform available, Wise Banc does not make this part clear. As an unregulated broker, it can be risky to trade with it no matter what trading platforms it offers.
Customer Support
Wise Banc does not disclose its telephone number, or email address. So, it is just a scam broker waiting here to extract available funds from you.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
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