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Pros

Free transactions on the Swiss stock exchange
Very competitive transaction costs, especially for small operations
Regulated by FINMA, providing a level of security and trust for clients

Cons

Relatively new broker with a limited operating history
Quarterly custody fees that cannot be avoided, ranging from 10 to 50 CHF
Lacks extensive educational resources and integrated market research compared to more established brokers

FlowBank broker Accounts

FlowBank Account Type

FlowBank offers two main types of trading accounts: Classic Account and Platinum Account.

  • Classic Account:
    • Minimum Deposit: $0
    • Commission: Commission-free trading on Swiss stocks; other stocks incur a commission starting from 0.15% (minimum $6.50).
    • CFDs: Offers tight spreads and commission-free trading (except for stocks).
    • Leverage: Up to 1:200.
    • Account Currencies: Multiple currencies including USD, EUR, CHF, and more.
    • Features: Access to a vast range of trading instruments, including over 50,000 assets across various classes.
    • Platinum Account:
      • Minimum Deposit: 100,000 CHF.
      • Commission: Reduced commissions compared to the Classic Account; commission-free trading on Swiss stocks and lower fees on other stocks (starting from 0.10%).
      • CFDs: Offers similar benefits as the Classic Account but with improved pricing.
      • Leverage: Up to 1:200, similar to the Classic Account.
      • Account Currencies: Same as Classic Account.
      • Features: Enhanced trading conditions and services for clients maintaining a substantial balance.

      FlowBank Broker Account Opening Process

      Opening an account with FlowBank is a straightforward process that involves the following steps:

      • Visit the Website: Go to the FlowBank official website.
      • Select Account Type: Choose between the Classic or Platinum account.
      • Complete Application: Fill in the required personal information, including identification details.
      • Verification Process: Submit necessary documents for verification, such as a passport or ID card.
      • Fund Your Account: After verification, fund your account using available methods like bank transfer or credit card.
      • Start Trading: Once your account is funded, you can begin trading on your chosen platform.
      • The entire process is designed to be user-friendly, allowing traders to set up their accounts quickly and efficiently.

        For more details, please visit: FlowBank Review 2024 | Information about FlowBank Forex Broker - BrokersView

FlowBank accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
FlowBank Account