Abstract:Founded in 2016, WIseBanc is an unregulated broker offering trading in Forex and various CFDs. Also, the spreads on EUR/USD are very high, fixed at 7 pips, and the broker provides an unknown web platform that is too simple and lacks some analytical tools. What's worse, the minimum deposit requirement is as high as $250.
Note: WIseBanc's official website -https://wisebanc.com/ is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
| WIseBancReview Summary | |
| Founded | 2016 |
| Registered Country/Region | Bulgaria |
| Regulation | No regulation |
| Market Instruments | Currency pairs, and various CFDs, including indices, commodities, stocks, and cryptocurrencies |
| Demo Account | / |
| Leverage | Up to 1:400 |
| Spread | 7 pips (Basic account) |
| Trading Platform | Web |
| Min Deposit | $250 |
| Customer Support | Email: support@wisebanc.com |
Founded in 2016, WIseBanc is an unregulated broker offering trading in Forex and various CFDs. Also, the spreads on EUR/USD are very high, fixed at 7 pips, and the broker provides an unknown web platform that is too simple and lacks some analytical tools. What's worse, the minimum deposit requirement is as high as $250.
| Pros | Cons |
| Various trading products | Inaccessible website |
| Multiple account types | No regulation |
| Wide spreads | |
| No MT4/5 | |
| High minimum deposit | |
| No info on payment methods | |
| Only email support |
No, WIseBanc has no valid regulations. It's not safe for investors to choose this brokerage.


| Tradable Instruments | Supported |
| Currency pairs | ✔ |
| CFDs | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
| Account Type | MinDeposit |
| Basic | $250 |
| Bronze | / |
| Silver | / |
| Gold | / |
| Platinum | / |
| Diamond | / |
The leverage is up to 1:400 for all account types. Typically, high leverage means that investors can control larger trading positions with less capital, which increases potential returns and risks.
| Account Type | Spread |
| Basic | 7 pips |
| Bronze | 6 pips |
| Silver | 5 pips |
| Gold | 4 pips |
| Platinum | 3 pips |
| Diamond | 2 pips |
WIseBanc offers its services only through a web-based trading platform.
| Trading Platform | Supported | Available Devices | Suitable for |
| Web-based | ✔ | Web | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |