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/10

FlowBank

Switzerland|2-5 years|
Global Business|High potential risk|

https://www.flowbank.com/

Website

Rating Index

Influence

Influence

A

Influence index NO.1

Switzerland 8.14

Surpassed 66.07% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+41 (0) 22 888 60 00
support@flowbank.com
https://www.flowbank.com/
Esplanade de Pont-Rouge 6, 1211 Geneva 26, Switzerland

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+41 (0) 22 888 60 00

Broker Information

More

Company Name

FlowBank

Company Abbreviation

FlowBank

Platform registered country and region

Switzerland

Company website
Twitter
Facebook
Instagram
YouTube
Linkedin

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away! 3
Previous Detection : 2024-05-19
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The SwitzerlandFINMA regulation (license number: Unreleased) claimed by this broker is suspected to be clone. Please be aware of the risk!

WikiFX Verification

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FlowBank · Company Summary

Registered in Switzerland
Regulated by No effective regulation at this time
Year(s) of establishment 2-5 years
Trading instruments Currency pairs, CFDs, stocks, ETFs, funds, cryptocurrencies
Minimum Initial Deposit $0
Maximum Leverage Information not available
Minimum spread 0.0 pips onwards
Trading platform MT4, MT5, FlowBank APP, FlowBank pro
Deposit and withdrawal method Information not available
Customer Service Email/phone number/address/live chat
Fraud Complaints Exposure No for now

Risk Warning

Online trading involves huge risks and you can lose all your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained herein is for general information purposes only.

General information and regulations of FlowBank

FlowBank is an online forex broker registered in Switzerland and currently not under any effective regulation.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on.

At the end of the article, we will also briefly summarize the main advantages and disadvantages so that you can understand the broker's characteristics at a glance.

General information

Market instruments

Currency pairs, CFDs, stocks, ETFs, funds .... FlowBank allows clients to access a huge range of trading markets. Therefore, both beginners and experienced traders can find what they want to trade on FlowBank. cryptocurrencies are also available.

market instruments

Spreads and commissions for trading with FlowBank

FlowBank has a pricing page where we can get a general information about the fees on different instruments and accounts. For example, in classic accounts, the commission is 0.15% for ETFs and funds, 0% for Swiss stocks, 0.20% for bonds, etcetera.

spreads and commissions

Account Types for FlowBank

As what weve shown in the pricing page, there are two account types in FlowBank: classic and platinum. However, further information is not available. We can only know that there is no minimum deposit for an account, and their trading conditions, of course, are different. The platinum account has a more favorable pricing.

Trading platforms offered by FlowBank

As for trading platforms, clients can choose between the market leaders MetaTrader4 and MetaTrader5, which can be accessed from many devices.

However, have you ever wondered or are you wondering which platform you should use? Our team has the corresponding article for your reference. The article details the similarities and differences between the two and gives specific advice.

https://www.wikifx.com/es/wikishow/202207208464173722.html

trading platform

Leverage offered by FlowBank

You can't find information about trading leverage on FlowBank's website. Some forex brokers offer leverage of up to 1:500, but newbies are advised to be cautious about such high leverage.

Deposit and withdrawal methods and fees

FlowBank is ambiguous about how deposits and withdrawals work. Wire transfers, MasterCard, VISA, Maestro and some e-wallet processors such as Skrill, Neteller, PayPal and others are some of the most frequent and popular payment methods handled by most Forex brokers. The speed of withdrawing funds from a forex broker is also one of the most important factors in building a broker's reputation.

Educational resources

A series of educational resources is available at FlowBank, such as market insights, livewire, TV, technical analysis, video tutorials, learning center, etcetera.

educational resources

Customer support of FlowBank

Below are the details about the customer service.

Language(s): English, French, German

Service Hours: 24/6

Email: support@flowbank.com

Phone Number: For general inquiries: +41 (0) 22 888 66 00

For sales: +41 (0) 22 888 61 30

Address: FlowBank S.A, Esplanade de Pont-Rouge 6, 1211 Geneva 26, Switzerland

FlowBank S.A, Seidengasse 20, 8001 Zurich, Switzerland

Social media: Facebook, Instagram, LinkedIn, YouTube, twitter

customer support

Users exposures on WikiFX

We have not received any reports of fraudulent activity at this time. However, this does not necessarily mean that this broker is safe and you should remain vigilant to prevent being scammed.

Advantages and disadvantages of FlowBank

Advantages:

MT4, MT5

Educational resources

Many instruments available

Disadvantages:

No effective regulation

Few leverage, deposit and withdrawal information

No copy trading

Frequent asked questions about FlowBank

Is this broker well regulated?

No, it is currently not effectively regulated and you are advised to be aware of its potential risks.

Does this broker offer MT4/MT5?

Yes, FlowBank offers both MT4 and MT5 for you to choose from.

Can I trade cryptocurrencies in FlowBank?

Yes, FlowBank currently offers trading services for cryptocurrencies.

News

FlowBank Broker Review: Regulated or Self-Claimed?

NewsFlowBank Broker Review: Regulated or Self-Claimed?

2024-01-12 11:48

Is FlowBank a regulated forex broker or just claiming to be? Explore their review, history, and regulatory status. Make informed trading decisions today!

WikiFX
2024-01-12 11:48
News
FlowBank Broker Review: Regulated or Self-Claimed?

User Reviews

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User comment

5

Comments

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FX1218739660
more than one year
What surprised me was that no inactivity fees applied, even if you don’t trade for several months. This is much reasonable compared with many other brokers. I am a person who always forget I have an account on some platform…
2023-02-21 21:55
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0
0
俞铸涛
more than one year
My friend recommended me this broker for trading because of its low trading cost, supreme trading platform and nice support, and I thank him for that. Just have a try.
2022-12-19 13:53
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0
0
FX1183411363
more than one year
Excellent! There are many traders who provide the mt4 trading platform, and there are many traders who provide the mt5 trading platform, but there are very few traders who provide both platforms at the same time. This is really good for me who wants to trade on two platforms at the same time The choice! Plus, they offer analog accounts and live chat support too, which is great!
2022-12-15 17:15
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0
0
红阳
more than one year
FlowBank's website is only in English, so if you are a friend who is not so good at English like me, you can stop wasting your time here haha, go out and turn right to find some companies that provide multilingual or at least Chinese.
2022-12-14 10:37
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