General Information

Broker Name:
Bankwiz

Broker Type:
Forex & CFDs

Country:
UK, Switzerland

Operating since year:
2005

Regulation:
N/A

Address:
30 St Mary Axe, London EC3A 8EP, United Kingdom
Alte Landstrasse 10, 8803 Rüschlikon, Switzerland

Broker status:
Active

Customer Service

Phone:
N/A

Email:
N/A

Languages:
EnglishAvailability:

Availability:
24/5

Trading

The Trading platforms:
Proprietary

Trading platform Time zone:
N/A

Demo account:
No

Mobile trading:
Yes

Web-based trading:
Yes

Bonuses:
No

Other trading instruments:
Yes

Account

Minimum deposit:
$250

Maximal leverage:
Uncapped

Spread:
Floating From 0.0 Pips

Scalping allowed:
Yes

Bankwiz Review: Navigating the World of Broker Expertise

Welcome to our comprehensive Bankwiz review. The broker is a leading online CFD company that has been making waves in the world of financial trading. In this unbiased evaluation, we’ll delve into the key features and offerings that set the broker apart in the competitive landscape of online trading platforms.

It distinguishes itself as a CFD broker with a primary focus on forex trading. Forex enthusiasts will find a plethora of opportunities to explore and capitalize on currency movements. However, the broker isn’t limited to forex alone. They also offer an extensive selection of other popular asset groups, including stocks and cryptocurrencies, allowing traders to diversify their portfolios and seize opportunities in various markets.

One of the standout features of the broker is its commitment to traders’ growth and development. The broker offers extensive one-on-one training, providing traders who aspire to enhance their skills with a fantastic chance to do so. Whether you’re a beginner looking to grasp the fundamentals or an experienced trader seeking advanced strategies, bankwiz.net’s educational resources cater to all levels of expertise.

Operating from the United Kingdom, the broker benefits from its location in a trusted financial hub. This geographical advantage adds a layer of reliability and regulatory oversight, ensuring that traders can engage with confidence in a secure trading environment.

Bankwiz goes the extra mile by offering exclusive VIP trading club accounts. These accounts come with a range of benefits, including access to a managed account option. This feature is ideal for traders seeking a more hands-off approach, allowing professionals to manage their portfolios, thus managing to improve customer experience.

In the upcoming sections of our Bankwiz review, we’ll delve deeper into its offerings, exploring its trading platform, tools, customer support, and more.

Bankwiz Review: Is it Safe to Invest With?

In the ever-evolving landscape of online trading, security stands as an unwavering cornerstone, and our exploration of the broker reinforces the paramount importance of safeguarding financial endeavors in the digital realm. As seasoned investors and newcomers alike navigate the complexities of the market, the assurance of a secure trading environment becomes non-negotiable.

The company recognizes the gravity of this necessity, and as we scrutinize its security measures, we uncover a robust framework that places it at the forefront of safety in online CFD trading. Operating from the financial powerhouses of the UK and Switzerland, it finds itself under the vigilant gaze of some of the world’s most stringent regulatory bodies. This not only assures clients of the broker’s commitment to transparency but also places it firmly within the bounds of strict financial jurisdiction.

However, the highlight of this part of our Bankwiz review is that its adherence to security extends beyond mere compliance—it employs fund segregation and collaborates with top-tier banks to ensure liquidity, providing an additional layer of financial stability and eliminating the chance of failed payments.

The broker leaves no room for compromise when it comes to internet and bank account detail safety, implementing encryption and verification services to fortify its digital infrastructure. Moreover, the commitment to customer security is evident in the rigorous KYC (Know Your Customer) checks conducted, ensuring the legitimacy of each trader.

Remarkably, the broker’s track record spans an impressive 18 years without any major hiccups, a testament to its unwavering commitment to operating with integrity and resilience in the face of industry challenges. As we conclude this part of our Bankwiz review, it becomes evident that the platform not only meets but exceeds our expectations, providing a safe and secure trading environment that instills confidence in traders navigating the digital financial landscape.

Bankwiz Review of Accounts

Embarking on our exploration of the broker’s account structures unveils a meticulously crafted framework designed to cater to the diverse needs of traders across the spectrum of experience and budgets. The tiered account system presented by the broker aligns with its commitment to providing the best possible conditions for all.

At its core, the baseline account offers a competitive set of conditions that already stand out in the market. Traders, regardless of their level, benefit from features such as social trading, faster payments, insightful webinars, and a 5% swap discount. This baseline ensures that every trader, from novice to seasoned, has access to a robust foundation for their trading journey.

Another important thing for our bankwiz.net review is the higher tier accounts. The broker introduces a suite of upgrades that undoubtedly enhances the trading experience for the account owner. Picture having a personal assistant at your disposal—a resource dedicated to aiding your trading endeavors and providing valuable insights. The allure of risk-free trades sweetens the deal, minimizing potential losses for traders seeking a safety net in their endeavors.

As we ascend through the tiers, the swap discount sees a significant boost, reaching an impressive 90% for those at the pinnacle of the account hierarchy. This not only reflects the broker’s commitment to rewarding loyalty but confirms the existence of true luxury.

Lastly, it’s vital for this part of our bankwiz.net review for us to mention one of the most enticing offerings in the higher-tier accounts is the option of individual leverage. Traders can now tailor their leverage according to their strategie, a level of flexibility that adds a new dimension to their trading toolkit.

In essence, the account structures presented by the broker go beyond mere categorization—they represent a commitment to tailoring excellence for every trader.

Account specifications at bankwiz.net

Bronze

Minimum Deposit: $250
Market reviews
CMTrading E-Book
Webinar Access
Social Trading
5% discount on existing fees (Spread/SWAP)
Leverage 1:100

Silver

Minimum Deposit: $15,000
Market reviews
CMTrading E-Book
Webinar Access
Social Trading
VOD Advanced
10% discount on existing fees (Spread/SWAP)
Leverage 1:100

Gold

Minimum Deposit: $50,000
Market reviews
CMTrading E-Book
Webinar Access
Social Trading
VOD Advanced
1 Risk Free Trade
Personal Assistant
20% discount on existing fees (Spread/SWAP)
Leverage 1:200

Platinum

Minimum Deposit: $100,000
Personal Account Manager
Personal Account Manager
Trading Platform Introduction
Risk Management Strategies and Guidance
Basic Market Education Sessions
Personalised Trading Alerts
Risk Free Trades
Practical Guided Trading Sessions
Eligible for the Bankwiz Managed Account Service

Diamond

Minimum Deposit: $250,000
Market reviews
CMTrading E-Book
Webinar Access
Social Trading
VOD Advanced
3 Risk Free Trade
Personal Assistant
Customized Account
Trading Specialist
40% discount on existing fees (Spread/SWAP)
Leverage 1:300

Premium

Market reviews
CMTrading E-Book
Webinar Access
Social Trading
VOD Advanced
3 Risk Free Trade
Personal Assistant
Customized Account
Trading Specialist
60% discount on existing fees (Spread/SWAP)
Leverage 1:300

VIP

Minimum Deposit: $1,000,000
Market reviews
CMTrading E-Book
Webinar Access
Social Trading
VOD Advanced
3 Risk Free Trade
Personal Assistant
Customized Account
Trading Specialist
90% discount on existing fees (Spread/SWAP)
Leverage: Individual

Bankwiz’s Platform

Welcome to the beating heart of your financial journey—the award-winning trading platform that stands as a hallmark of excellence within our Bankwiz review. This robust software has garnered industry accolades for its intuitive design and cutting-edge functionality, offering traders a seamless and feature-rich experience.

Available in a downloadable terminal, a web platform, and a mobile app, the broker’s trading platform exemplifies flexibility and accessibility. Whether you prefer the familiarity of a desktop terminal, the convenience of a web-based platform, or the agility of a mobile app, Bankwiz ensures that you can trade on your terms. The mobile app is compatible with both Android and iOS devices, putting the power of trading in the palm of your hand, ready to seize opportunities on the go.

As we delve into the intricacies of this acclaimed platform, anticipate an intuitive interface designed to streamline your trading experience. Real-time market data, advanced charting tools, and a comprehensive suite of features await your exploration, providing the tools needed to make informed decisions. 

Whether you’re a seasoned trader or just starting, the broker’s versatile platform caters to your unique style, setting the stage for a confident and convenient foray into the financial markets.

Bankwiz Review Conclusion

In drawing the curtains on our Bankwiz review, it becomes evident that this CFD broker is more than just a platform—it’s a trustworthy companion in your trading journey. With 18 years of expertise, operating from the financial hubs of the UK and Switzerland, the broker exemplifies a commitment to transparency and compliance with regulatory requirements.

As we navigated through the diverse trading instruments, uncapped leverage, and a wealth of educational resources, Bankwiz showcased its dedication to empowering traders at every level. The security measures, from fund segregation to encryption and confirmation that includes short codes and account numbers, demonstrated a robust framework that prioritizes the safety of its clients and their bank account data.

The account structures, thoughtfully tiered to cater to various experience levels, provide a personalized trading experience. Whether you’re a novice benefiting from social trading or an experienced trader enjoying risk-free trades, the broker ensures that your journey is tailored to your unique needs. Regardless of your level, you won’t ever fail due to account underperformance.

Our journey through the award-winning trading platform, available as a downloadable terminal, web platform, and mobile app, underscored the flexibility and user-centric design that defines this Bankwiz review. It’s not just about executing trades; it’s about unleashing the power of trading on your terms.

Bankwiz exceeds expectations, offering a secure, versatile, and rewarding environment for traders. Whether you’re navigating the financial markets for the first time or seeking advanced tools, the broker stands as a beacon of reliability and innovation in the CFD trading landscape.