Wise Banc Review
Reason to avoid: No license
Listed Date: October 2, 2018
Top 3 Regulated Forex Brokers
- Company name: Orion Service EOOD
- Registration/license: None
- Registration/license requirement: –
Wise Banc is a Forex and CFD broker. The company is a registered brand of Orion Service EOOD. According to the details provided on the website, the company is based in Sofia, Bulgaria and had branches in Malaysia, New Zealand, Singapore, and South Africa. Despite its European location, the company is not licensed to provide its services in any of the European countries as well as in the countries where Wise Banc has branches. Also, Orion Service EOOD was banned previously by the FCA in the UK. This time the company got the warning from the Central Bank of Ireland (CBI).
We advise traders to choose among forex companies operating legally in the UK – one of the most popular forex destinations globally. Check the list of the FCA-regulated brokers here.