Overview


Wise Banc is a CFD broker based in Bulgaria. The company has set as its corporate goal, to bring to all traders the opportunity to learn the ins and outs of trading or for more experienced traders, to perfect their skills.

Trading Platforms

Wise Banc traders see a clean, user-friendly trading platform that allows clients to easily navigate through a wide choice of 50 currency pairs and CFD’s in 10 global indices and commodities. Traders can also trade options in CFDs and forex in over 3000 markets and the principle cryptocurrencies; Bitcoin Ethereum, Litecoin and Ripple. Traders can use the very popular Metatrader 4 platform or the company’s excellent web based platform.

Account Types

Wise Banc offers six account types. The minimum deposit is the Basic account is €250. This account is meant for the beginner. The other account types are for more professional traders and the minimum deposit is higher. Professional account holders are entitled to perks and benefits, depending on the account type. Moslem traders can make of the Islamic Account to trade in accordance with their religious beliefs.

Trading Academy

Wise Banc boasts of an extensive Trading Academy, aimed at helping traders, both beginners and more experienced, to develop and perfect their trading skills:

  • eBooks
  • Live webinars
  • Video library
  • In depth tutorials
  • Chart analysis*
  • Live market news
  • Market summaries
  • Economic calendar

Costs of Trading

The costs of trading can be divided into several categories – spreads, commissions and overnight financing charges or payments often known as “swap rates”. As far as day traders are concerned, spreads and commissions are very important. You can see all applicable spreads on the site’s Trading Conditions page. There are no commissions so what you see in the quoted spreads is what you get.

Deposits & Withdrawals

Wise Banc accepts funds transferred by credit or debit cards and wire transfer. All electronic wallets are also acceptable. As mentioned above, the minimum deposit is €250. The minimum withdrawal sum is €50. You may withdraw the full amount of your balance once all positions are closed.

Customer Support

Customer support is available 24/5 via email, telephone and live chat. To access the live chat or callback functions click on the relevant tabs. Please allow a few seconds for the forms to fully load.
Email: support@wisebanc.com
Main office address: 39 Aleko Konstantinov St, Sofia ,Bulgaria

Conclusion

Wise Banc has gone to great efforts to ensure that traders learn to trade before embarking on their trading career. Any trader who chooses Wise Banc will have made a wise choice.