Banc de Swiss Review

Banc de Swiss Logo Max Bonus: 10%

Banc de Swiss

Rating: 1.0/10
Banc de Swiss Home Page Screenshot Banc de Swiss Trading Platform Screenshot
Broker Banc de Swiss
US Traders Accepted
Company Name Keplero Holdings Ltd.
Headquarters Nicosia, Cyprus
Regulation No
Bonus Type Deposit bonus
Bonus Size 10%
Max Payout 75%
Out-of-Money Reward 10%
Trading Platform SpotOption
Deposit Options Credit/debit cards, wire transfer, CashU
Deposit Currencies US Dollar, Euro
Minimum Deposit $100
Minimum Trade $5
Maximum Trade $1,500
Online Since 2011
Trading Instruments Forex, Commodities, Stocks, Indexes
Number of Trading Instruments 67
Binary Option Types Call & Put, One Touch, Option Builder, 60 Seconds, Pro Trader
Customer Support Types E-mail, live chat service, calling one of the satellite offices, Skype
Education Offered How-to-Trade
Tools Offered Expired Rates, Expiry Rate Rules, Live Financial News
Commission $25 fee for wire transfer withdrawals
Languages English, German, Italian, Norwegian, Swedish
Demo Account No

Banc de Swiss primarily caters to the German market and you will be able to realize this when you will get their Welcome Message in the German language, after you create your account with them. However, they do serve the US clients, so if you are anywhere from the USA, you can open an account with them and may not find any difficulty, since they support the English language besides German and several European languages. But when you will visit their website, their default language will appear to be German and even if you want to chat with them, you need to have knowledge of German, or better if you email your queries to them. You will get your answers in English in your inbox.

Banc de Swiss is a brand name of Keplero Holdings Ltd., which is located in Nicosia, Cyprus. The company is not regulated and they are in the business since 2011. They offer you a professional trading platform named ‘Banc de Swiss’ which can allow you to trade different Forex, Commodities, Indices or Stocks from the global financial markets. They have more than 60 financial assets for you to choose from and you need to invest just $100 or 100 euros to start trading with them. They have maintained a minimum trade size of just 25 euros for their regular binary options while in 60 Second, one needs to invest just 5 euros. So, it can attract the new traders to start doing business with them but one of the biggest limitations is that they do not offer any demo account. Moreover, traders will have a little idea about their Banc de Swiss platform unless they try their platform and which can be only possible if you fund their account with at least 100 euros. They provide you with simple modes of fund deposit which include credit cards, debit cards, bank transfer and CashU. Banc de Swiss has kept all withdrawal methods free from commissions except in case of wire transfer, where a processing fee of $25 is applicable per withdrawal.

Trading Choices

Banc de Swiss brings you an opportunity of trading 67 financial instruments from different financial markets. So, they give you a sufficient number of choices to pick a suitable asset for your trading. You can choose from a collection of currency pairs, stocks, indices and commodities for your investment purpose. They allow you to earn a profit of 68%-75% on their regular binary options with 5%-10% of out-of-money reward guarantee. Thus, they offer you a good profit level with a fair protection level. You can even make a payout of up to 750% with their One Touch option but only experienced traders should opt for this, as this is often considered as a very risky investment option. Their Pro Trader will get you a 70% payout where you can make flexible trading choices. Their Option Builder gives a complete control on your investment risks by allowing you to choose a combination of profit and risks. While you can use their ‘60 Second’ to make a profit of 70% in just 60 seconds by investing a minimum amount of 5 euros only. And using their Pro Trader, you can earn a payout of 80%.

When it comes to earning a bonus, one would need to invest at least 500 euros and on which Banc de Swiss will offer you a 10% bonus. Their bonus seems to be quite intangible and hardly any trader will be interested in investing 500 euros to earn 50 euros as a bonus. Even an experienced trader will not be interested in funding their account with an amount more than their minimum funding requirement of 100 euros, particularly when they do not offer any demo account. However, they offer you another way of earning bonuses and that is by bringing your friend to Banc de Swiss. For each referral, you can earn a bonus of 50 euros. So, if you can convince your friend(s) to join Banc de Swiss, you can earn more money.

Technical Analysis

This is another area where Banc de Swiss needs to work drastically. In the name of technical analysis, they offer only Expired Rates, Expiry Rate Rules and Live Financial News. Today, there are numerous brokers that offer advanced technical tools such as daily alerts and live streaming and charting services to their clients. These tools are highly required for the traders to make sensible trading choices. Banc de Swiss too needs to include better or advanced technical tools. Otherwise traders will prefer to choose other brokers who offer better tools.

Learning & Support

In reality, Banc de Swiss has nothing for the newcomers. They have just a How to Trade section on their website in the name of education, and how much it will help to the beginners is pretty doubtful. Neither do they offer any demo account. So, new trader will always prefer to search other brokerage firm that believes in educating them to help them earn more profit from financial trading.

On the other hand, for their support and assistance, you will have to either e-mail them or call them on one of the satellite offices. You cannot take advantage of their online chat services, if you do not know German. However, you can chat with them on Skype or use it to even call them.

Conclusion

In true sense, there are several areas where Banc de Swiss needs to work seriously in order to stay competitive in the financial trading brokerage services industry. They need to upgrade their technical analysis, education and support features. They need to see what can attract both new as well as experienced traders. A newbie always depends upon the demo account to gain some familiarity about the platform. At the same time, an experienced trader before investing a big amount wants to make sure that the company is regulated by some authority. Moreover, their 50 euro bonus for an investment of 500 euros seems to be the least convincing, particularly when there are several brokers offering a larger percentage of bonuses and that too on the minimum investment level of $100, $200 or so.

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