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/10

Bankwiz

China China | 2-5 years |
Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

https://bankwiz.io/

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https://bankwiz.io/

license Forex License

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
China
Operating Period
2-5 years
Company Name
Bankwiz
Company Website
Account Info
Verified Site
About Us
News
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Official Website

Verified Site

  • bankwiz.io
    82.221.129.44
    Server Location
    Iceland Iceland
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    --
    Website Name
    --
    Company
    --

Review summary

Bankwiz is a forex broker that has been operating for 2-5 years with its registered region listed as China. According to WikiFX data, the entity's business scope has been flagged as operating from a Suspicious Operational Region. The broker's operational profile is characterized by a lack of mainstream regulatory oversight, as it holds no valid forex trading licenses from recognized international authorities. The entity offers a tiered account structure, ranging from Bronze to Vip, with entry requirements between $5,000 and $1,000,000 and maximum leverage up to 1:300. All listed account types support scalping, Expert Advisors (EAs), and locked positions. The WikiFX SkyEye assessment score of 1.36 reflects significant concerns regarding its regulatory standing and operational framework. Potential traders should be aware that engaging with an entity lacking verifiable regulatory licenses presents inherent risks, as client funds are not protected under standard financial oversight schemes. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information.Please verify all entity details independently before trading. (Updated: 2026-05-04)

Company Profile

  • 2-5 years
  • Questionable Regulatory License
  • Suspicious Operational Region
  • High Potential Risk

News

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BaFin warns of unauthorized online brokers posing risks to investors. Exercise caution and verify legitimacy to prevent financial losses and fraud.

Wiki Q&A

Is Bankwiz safe and reliable?

According to WikiFX data, Bankwiz holds a low SkyEye assessment score of 1.36, reflecting significant concerns about its operational profile. The primary factor impacting this rating is its regulatory status; Bankwiz operates without any valid forex trading licenses from recognized international authorities and is flagged as operating from a Suspicious Operational Region. Engaging with an unregulated entity carries inherent risks, as client funds are not protected under standard financial oversight and compensation schemes typically provided by major regulators.

Yesterday 07:35
United States

Is Bankwiz regulated?

No. Based on WikiFX data, Bankwiz is not a regulated forex broker. It does not hold any valid licenses from major international regulatory bodies such as the FCA, ASIC, or CySEC. The entity's registered region is listed as China, a jurisdiction without established, credible public oversight for forex brokers. The lack of regulatory oversight is a defining characteristic of this entity's profile.

Yesterday 07:35
United States

What is the minimum deposit of Bankwiz?

Bankwiz offers a tiered account structure. The minimum deposit requirement varies by account type. The entry-level Bronze account requires a minimum deposit of $5,000. The highest-tier Vip account has a substantial entry condition of $1,000,000. This fee structure positions Bankwiz towards a client base with significant capital, as the entry point is considerably higher than the industry standard for most retail-focused brokers.

Yesterday 07:35
United States

Does Bankwiz support MT4 or MT5?

The WikiFX data for Bankwiz does not explicitly list its trading platform offerings. A broker's trading software is a critical operational component. Without clear, publicly confirmed platform information, such as support for MetaTrader 4 (MT4) or MetaTrader 5 (MT5), it is difficult to assess the trading environment, execution quality, and tool availability. Potential clients should seek direct clarification from the entity regarding its platform support before engagement.

Yesterday 07:35
United States
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