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SwissRoyalBanc (SRB) is a broker that promises the best platform, useful tools, good education and amazing service. This broker also provides numerous assets, and SwissRoyalBanc review will help traders make a decision whether or not to make a deposit with this broker.
More on the broker find out in the review below.
SwissRoyalBanc claims to provide superb and full service to its traders, but so do many other brokers. During SwissRoyalBanc review, this broker was providing only one account type that was available for the minimum initial deposit of $250.
This broker accepts deposits in EUR and USD but keeps in mind that after the currency is chosen for the first time it cannot be changed. Registration for the website is free, but there is no demo account so trader has to make a deposit to truly experience the platform.
In the ‘About Us’ section, the broker provides additional benefits on trading with them, and among them is also the exclusive bonus of 10% return on any investment. The Bonus terms and conditions claim that every trader can get a bonus as part of the special promotion as well. The required turnover, in this case, is x30, but it remains unclear whether this rule also applies to the above-mentioned bonus of 10%.
A better explanation of the account and benefits it carries would be more user-friendly as it would provide better, and more reliable information. This way, the trader must always presume what is going on, or ask customer support which can be a bit repulsive in the beginning.
SwissRoyalBanc doesn’t have a demo account but accentuates that registration process is free, and all traders who want to take a look at the trading interface are more than welcome. They won’t be able to place any trades, but will get a better insight in the trading platform.
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SwissRoyalBanc claims to provide superb and full service to its traders, but so do many other brokers. During SwissRoyalBanc review, this broker was providing only one account type that was available for the minimum deposit of $100.
This broker accepts deposits in EUR and USD but keeps in mind that after the currency is chosen for the first time it cannot be changed. Registration for the website is free, but there is no demo account so trader has to make a deposit to truly experience the platform.
In the ‘About US’ section, the broker provides additional benefits on trading with them, and among them is also the exclusive bonus of 10% return on any investment. The Bonus terms and conditions claim that every trader can get a bonus as part of the special promotion as well. The required turnover, in this case, is x30, but it remains unclear whether this rule also applies to the above-mentioned bonus of 10%.
A better explanation of the account and benefits it carries would be more user-friendly as it would provide better, and more reliable information. This way, the trader must always presume what is going on, or ask customer support which can be a bit repulsive in the beginning.
SwissRoyalBanc doesn’t have a demo account but accentuates that registration process is free, and all traders who want to take a look at the trading interface are more than welcome. They won’t be able to place any trades, but will get a better insight in the trading platform.
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Having a proper support that traders can rely on is very important for every broker. Customer support must be well educated and patient as traders usually contact it when they have a problem.
In SwissRoyalBanc review, the research team found out how this broker has customer support that can be contacted via an online form, email, and phone. There are phone numbers for Australia, the United Kingdom, Canada and Switzerland available. It would be great if SRB decided to add live chat, as it is a fast and very convenient way of communication with the broker.
The website is available in three languages: English, Russian and Arabic. There is also education section that leaves some space for the improvement, as well as basic FAQ section. Additional educational materials in the form of videos and webinars would be amazing as traders often see it as a sign of reliable broker.
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Banking transactions must be safe, and reliable when it comes to any form of financial investment. Also, it is always a good sign when a broker provides several possibilities to make a deposit and withdraw the money.
During SwissRoyalBanc review was stated how this broker provides financial transactions via bank wire and credit cards. It would be great for SRB portfolio if they added more methods that include popular e-wallets like Skrill or Neteller as more and more traders are looking for fast and immediate withdrawals, and with bank wire and credit cards there is often a delay involved.
Minimum deposit with this broker is $100, while there is no minimum withdrawal limit, according to the FAQ. Still, in the T&C is mentioned how minimum withdrawal is $100 in the case of the bank wire. It is important to keep in mind that sometimes additional fees apply.
In case the deposit is done by a credit card, the maximum withdrawal is equal to the amount deposited. All additional funds can be withdrawn via bank transfer. Wire transfer withdrawals will be charged a fee of $20, except when the amount is lower than $500. In case a trader makes a deposit and doesn’t place any trades, but wants a withdrawal, the entire sum will be refunded.
All withdrawals are processed within 3 days, but broker reminds traders that it may take additional time for the money to be settled on the account.
SwissRoyalBanc is in the ownership of Greentree Holdings LTD.
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