FlowBank

Rating: 4 / 5

FlowBank is a Swiss-based online bank and broker featuring a competitive choice of trading platforms, assets, and fees. It aims to disrupt and simplify the financial system with a customer-centric approach. Beginners get quality education and research, and FlowBank maintains a secure and trustworthy investing and trading environment. I reviewed FlowBank to determine the competitiveness of this online bank/broker. Is FlowBank the best choice for your trading portfolio?

FlowBank Website Screenshot

Broker Details

Headquarters
Switzerland
Established
2020
Min Deposit
$0
Execution
ECN/STP, Market Maker
Regulators
FINMA

Trading Conditions

Retail Loss Rate
Undisclosed
Min Raw Spreads
0.0 pips
Min Standard Spreads
0.5 pips
Min Forex Commission
Commission-free

Accounts & Funding

Funding Methods
2
Deposit Options
Credit CardsWire Transfer
Deposit Fees
No
Withdrawal Options
Credit CardsWire Transfer
Withdrawal Fee
Yes

Platform & Features

Trading Platforms
MetaTrader 4, MetaTrader 5, Proprietary platform

Pros

  • Industry-leading choice of trading instruments
  • Very competitive trading fees, including swap rates on leveraged overnight positions
  • Four trading platforms and mobile apps
  • Quality education and research for beginners

Cons

  • Limited payment processors

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