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FlowBank Forex broker specializes in providing foreign exchange trading services, the company's official website https://my.flowbank...., the company's legitimate regulatory information SwitzerlandFINMAFinancial Service to enhance the security of the company's address Esplanade de Pont-Rouge 6, 1211 Geneva 26, Switzerland

FlowBank Forex Broker

Basic Information

Registered Region

Switzerland

Operating Period

Company Name

FlowBank

Abbreviation

FlowBank

Company employee

Customer Service Email Address

support@flowbank.com

Contact Number

+410228886000

Company Website

https://www.flowbank.com/

Company address

Esplanade de Pont-Rouge 6, 1211 Geneva 26, Switzerland

Facebook

https://www.facebook.com/FlowBankSA/

Keywords

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

Registered inSwitzerlandRegulated bySuspicious cloneYear(s) of establishment2-5 yearsTrading instrumentsCurrency pairs, CFDs, stocks, ETFs, funds, cryptocurrenciesMinimum Initial Deposit$0Maximum LeverageN/AMinimum spread0.0 pips onwardsTrading platformMT4, MT5, FlowBank APP, FlowBank proDeposit and withdrawal methodN/ACustomer ServiceEmail/phone number/address/live chatFraud Complaints ExposureNo for nowWhat is FlowBank?FlowBank, registered in Switzerland, operates with a “Suspicious Clone” regulatory status. It has been in operation for 2–5 years and offers trading in currency pairs, CFDs, stocks, ETFs, funds, and cryptocurrencies. The minimum initial deposit is $0, with spreads starting from 0.0 pips. Trading platforms include MT4, MT5, FlowBank APP, and FlowBank Pro. Deposit and withdrawal methods are not specified. Customer support is available via email, phone, address, and live chat. Currently, there are no fraud complaints reported.Is FlowBank Safe? FlowBank is licensed as a suspicious clone by FINMA, which poses significant risks including potential financial losses for investors who might believe they are dealing with a legitimate entity. Pros and ConsProsConsMultiple useful trading platformsSuspicious cloneConvenient trading App for trading everywhereCommissions for per shareDemo account availableSupporting financial news and insightsClear fee structure 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.Spreads and Commissions FlowBank offers three distinct trading pricing structures to cater to different trader needs: Classic Pricing, Platinum Pricing, and CFD Rebates.Classic PricingCFDs Stocks: Commissions start from 2 cents per share or 0.10%.CFDs Forex: 0.8 pips on EUR/USD.CFDs Index: Spreads from 0.8 on US 500.CFDs Metals: Spreads from 0.2 on spot gold.Futures/Options: Starting from $3 USD/EUR/CHF/GBP plus exchange commission.Swiss Stocks: 0% commission.U.S. Stocks & Other Stocks: Commission as low as 0.15%, minimum $6.50 USD.ETFs: 0.15%, minimum $6.50 USD.Bonds: Commission as low as 0.35%, minimum 50 CHF.Funds: 0.15%, minimum 8 CHF.Platinum Pricing (Minimum initial funding of 100,000 CHF)CFDs Stocks: Commissions from 2 cents per share or 0.09%.CFDs Forex: 0.5 pips on EUR/USD.CFDs Index: Spreads from 0.8 on US 500.CFD Metals: Spreads from 0.2 on spot gold.Futures/Options: $1.50 USD/EUR/CHF/GBP plus exchange commission.Swiss Stocks: No commission.U.S. Stocks & Other Stocks: Commission as low as 0.10%, minimum $6.50 USD.ETFs: 0.10%, minimum $6.50 USD.Bonds: Commission as low as 0.20%, minimum 50 CHF.Funds: Same as classic at 0.15%, minimum 8 CHF.CFD Rebates Monthly cash rebates structure for Forex, Indices, and Commodities:Tier 1:Rebates Thresholds: Trade between CHF 50 million to CHF 200 millionFlowBank Rebate per CHF1 million traded: CHF3Tier 2:Rebates Thresholds: Trade between CHF200 million to CHF500 millionFlowBank Rebate per CHF1 million traded: CHF5Tier 3:Rebates Thresholds: Trade over CHF500 millionFlowBank Rebate per CHF1 million traded: CHF7 Account Types 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 FlowBank offers four distinct trading platforms, each designed to cater to the varying needs of traders:FlowBank App: This mobile platform offers a streamlined and simple investing experience, allowing users to monitor their account details such as history, orders, balances, and positions easily. It features real-time market graphs for informed decision-making and an intuitive order entry interface for effortless trading.FlowBank Pro: Aimed at serious traders, this powerful platform can be used on both desktop and mobile devices. It includes advanced tools for strategy testing and executing sophisticated trades, supports over 50,000 instruments including stocks, ETFs, bonds, futures, and options, and features a basket trader for quick order placement across various instruments. MetaTrader 4 (MT4): Renowned as the worlds most popular Forex trading platform, MT4 allows for automated trading with robust scripting tools and provides comprehensive analytical capabilities that are favored by experienced traders.MetaTrader 5 (MT5): As the next-generation platform for Forex and stock markets, MT5 offers enhanced technical indicators, graphical objects, and improved order management systems compared to its predecessor. Educational Resources FlowBank offers a robust array of educational resources designed to enhance the investing knowledge of its clients. These educational tools are structured to support continuous learning and enable traders to make informed decisions based on current market trends and fundamental investment principles, including:Financial News and Insights: FlowBank provides up-to-date market news and insights, helping traders stay informed about the latest developments in the financial markets.Academy: The FlowBank Academy offers comprehensive materials tailored for both beginners and experienced investors, covering all the essentials needed to embark on or continue an investing journey.Newsletters: Subscribers can receive daily newsletters from FlowBank, which deliver timely and relevant information to help them stay ahead of the financial markets.Customer Support FlowBank provides comprehensive customer service with several contact options to ensure accessibility and support for its clients:Languages Available: English, French, German.Service Hours: Customer service is available 24 hours a day, 6 days a week.Email Support: Customers can reach out via email at support@flowbank.com for assistance.Phone Support:General inquiries: +41 (0) 22 888 66 00Sales-related questions: +41 (0) 22 888 61 30Physical Addresses:Geneva Office: FlowBank S.A, Esplanade de Pont-Rouge 6, 1211 Geneva 26, Switzerland.Zurich Office: FlowBank S.A, Seidengasse 20, 8001 Zurich, Switzerland.Social Media: FlowBank is active on multiple social media platforms including Facebook, Instagram, LinkedIn, YouTube, and Twitter. FAQsIs 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.Risk Warning Online trading involves huge risks and you can lose all your invested capital. It is not suitable for all traders or investors.

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flowbank Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a flowbank Account Registering for a flowbank account is a straightforward process designed to ensure that users can easily access the platform while maintaining

FlowBank Forex Broker - Complete Information Guide

1. Broker Overview

　　FlowBank S.A., founded in 2020, is a Swiss online bank and brokerage firm headquartered in Geneva, Switzerland, with additional offices in Zurich. As a privately held entity, FlowBank aims to revolutionize the banking and trading experience by providing a comprehensive platform that integrates both banking services and trading opportunities. The company was established by Charles-Henri Sabet, a veteran in the banking and financial services industry, who envisioned creating a connected banking experience tailored for the community.

　　Since its inception, FlowBank has rapidly developed its services, expanding its team to over 100 employees and offering a wide range of financial products. The firm has positioned itself as a unique player in the market by combining traditional banking with innovative trading solutions, catering primarily to retail clients and individual investors looking for accessible trading options.

　　FlowBank's business model encompasses retail forex trading, contracts for difference (CFDs), and various other financial instruments, enabling clients to engage in diverse trading strategies. The firm has also attracted significant investment, including a stake from CoinShares, a notable digital asset management company, which has further bolstered its growth trajectory.

2. Regulatory and Compliance Information

　　FlowBank operates under the strict oversight of the Swiss Financial Market Supervisory Authority (FINMA), which regulates financial institutions in Switzerland. The regulatory license number is CHE-445.530.584. FlowBank is also authorized by the Dubai Financial Services Authority (DFSA), which broadens its operational scope.

　　The licenses are valid for providing banking and trading services, ensuring that FlowBank adheres to rigorous regulatory standards. The company maintains client funds in segregated accounts, meaning that these funds are kept separate from the firm's operational funds, thus providing an additional layer of security for clients.

　　FlowBank participates in the ESI Suisse deposit insurance scheme, which protects client deposits up to 100,000 CHF in the event of insolvency. This regulatory framework is complemented by strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies, which are in place to prevent fraud and ensure that all client transactions are legitimate.

3. Trading Products and Services

　　FlowBank offers an extensive array of trading products, providing clients access to over 50,000 financial instruments across various asset classes. This includes:

Forex Trading: More than 52 currency pairs, including major, minor, and exotic pairs.
CFDs: A wide range of contracts for difference covering indices, commodities, stocks, and cryptocurrencies. The broker offers 4,751 CFDs on various instruments, allowing traders to speculate on price movements without owning the underlying asset.
Stocks and ETFs: Clients can trade thousands of stocks, including fractional shares, which allows for greater flexibility in portfolio management.
Cryptocurrencies: FlowBank provides access to various crypto assets through derivatives, enabling clients to capitalize on the volatility of the crypto market.

　　The firm frequently updates its trading products, ensuring that clients have access to the latest market opportunities. FlowBank also offers retail trading services while catering to institutional clients with specialized needs, although specific institutional services were not detailed in the available information.

4. Trading Platforms and Technology

　　FlowBank supports the widely used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are renowned for their robust trading capabilities. These platforms offer advanced charting tools, automated trading options through Expert Advisors (EAs), and a user-friendly interface suitable for traders of all experience levels.

　　In addition to MT4 and MT5, FlowBank has developed its proprietary trading platform, known as FlowBank Pro, which is designed to provide a seamless and integrated trading experience. This platform supports both desktop and mobile trading, ensuring that users can access their accounts and execute trades from anywhere.

　　The broker also offers a mobile application compatible with both iOS and Android devices, allowing traders to manage their accounts, view real-time market data, and execute trades on the go. FlowBank's trading infrastructure is built on advanced technology, ensuring fast execution speeds and reliable performance.

　　FlowBank operates on a Market Making execution model, which allows for enhanced liquidity and competitive pricing. The broker's servers are strategically located to optimize trade execution, although specific details about server locations were not provided.

5. Account Types and Trading Conditions

　　FlowBank offers two primary account types:

　　Classic Account: This account type requires no minimum deposit and provides access to a broad range of trading instruments with competitive pricing. For Swiss stocks, trading is commission-free, while other stocks incur a commission of 0.15% with a minimum of 6.50 USD. The spreads for major currency pairs start at 0.5 pips, and there are no inactivity fees.
　　Platinum Account: This premium account requires a minimum deposit of 100,000 CHF and offers lower trading fees compared to the Classic Account. Commissions for U.S. stocks and other equities are reduced to 0.10%, and the account provides access to advanced trading features and tools.

　　FlowBank clients can leverage up to 1:200 for most products, allowing for significant trading potential. The minimum trade size is set at 0.01 lots, and overnight fees apply based on the positions held.

6. Fund Management

　　FlowBank supports several deposit and withdrawal methods, including:

Bank Transfers: Clients can deposit funds via international wire transfers, which may take up to three business days to process.
Credit/Debit Cards: Deposits made through cards are processed almost instantly, typically within ten minutes.

　　There is no minimum deposit requirement for the Classic Account, while the Platinum Account requires an initial deposit of 100,000 CHF.

　　FlowBank does not charge any deposit or withdrawal fees, although third-party fees may apply for international transactions. The firm implements a quarterly custody fee ranging from 10 CHF to 50 CHF, depending on the portfolio value, which is capped at 50 CHF per quarter.

　　Withdrawals are processed within 3-5 business days, ensuring that clients can access their funds efficiently.

7. Customer Support and Educational Resources

　　FlowBank provides robust customer support through multiple channels, including:

Telephone Support: Available at +41 (0) 22 888 66 00.
Email Support: Clients can reach out via support@flowbank.com.
Live Chat: Accessible directly from the website for real-time assistance.

　　Customer service operates 24/6, supporting multiple languages, including English, French, and German.

　　In terms of educational resources, FlowBank offers a variety of materials aimed at enhancing traders' knowledge. This includes video tutorials, webinars, and market analysis reports. The broker also provides access to an economic calendar and a dedicated market insights section, helping traders stay informed about market trends and opportunities.

8. Regional Coverage and Restrictions

　　FlowBank primarily serves clients in Switzerland, Germany, France, and other European countries. However, it does not accept clients from the United States, Canada, and several other jurisdictions due to regulatory restrictions.

　　The broker's commitment to compliance and adherence to local laws ensures that it operates within the legal framework of the regions it serves, while also maintaining a focus on client security and transparency.

　　In summary, FlowBank is a multi-asset broker offering a diverse range of investment products and trading services. With a strong regulatory framework, competitive pricing, and a commitment to client education, FlowBank positions itself as a reliable choice for traders looking to navigate the financial markets effectively. As the firm continues to evolve, its ability to adapt to market demands and enhance its offerings will be crucial in maintaining its competitive edge in the brokerage industry.

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