Is Wise Banc Scam or Legit Broker?

No, it is not safe to trade with Wise Banc. Wise Banc is owned and operated by Orion Service EOOD and claims to be located in Sofia, Bulgaria.

  • 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 previously banned by the FCA in the UK.

    This time the company got a warning from the Central Bank of Ireland (CBI):

    Wisebanc/Orion Service EOOD (Bulgaria) is not authorised by the Central Bank as an investment firm, or to provide investment advice.”

About Wise Banc
🗺️ Registered inBulgaria
🗺️ Type of LicenseNo License
🛡️ Is Wise Banc safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerGO Markets - licensed by ASIC in Australia

What is Wise Banc?

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 has branches in Malaysia, New Zealand, Singapore, and South Africa.

Wise Banc - official website

Wise Banc Review Conclusion

We advise all investors and traders to avoid Wise Banc and other unregulated brokers. The lack of information about the broker’s regulations, trading conditions, and contact details should be the biggest red flag for those who plan to invest with the entity. Usually, such companies run investment scams. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as BDSwiss and FBS.

Wise Banc Update

Our research showed that Wise Banc is no longer active. The broker’s website is unavailable to reach. Besides, there is no evidence of whether the broker operates or not. We recommend avoiding any offshore-based brokers due to their instability and lack of serious regulations.  

No news available.

4 responses to “Wise Banc”

  1. Fraudsters know that you give your money scamers and thieves , thry will make your life miserable , stay away, dont even entertain them. U will reggret if u can put ur money in

  2. i hope they all get caught, terrible beings scamming innocent victims, thanks to petru at hackwithme,tech. I had to work with this tech professional to get back my money, i didn’t get all back though.

  3. Time wasters, unreliable and definitely a swindler you should avoid at all cost. Birman law or most of these recovery companies can’t be of help. You need to either venture into the darknet and get a trusted hacker or reach out to petru at hackwithme. tech. You’ll be surprised how things are done from that side of the internet. I got 2.9btc back in no time, gave him his share and it was an amazing feeling.

  4. wise banc is under alert list with Mas also stay away from broker.. they got many mean how how to cheat peoe money
    beware of numbers from Philippine +63 claiming they calling from London
    becareful of fake accounts they created under ur name
    don’t transfer any money to any one using wu or world remit

Leave a Reply

Your email address will not be published. Required fields are marked *