Bernstein Bank General Information
๐ค Broker Name : | Bernstein Bank |
---|---|
๐ฃ Company Name : | Bernstein Bank |
๐ Foundation Year : | 1995 |
โ Regulated by : | BaFin |
๐ข Headquarters : | Germany |
๐ Broker Type : | ECN |
๐ต Bernstein Bank Minimum Deposit : | $100 |
๐น Maximum Leverage : | 1:500 |
๐ฑ Base Currency : | EUR, USD, GBP |
๐บ๐ธ US Traders : |
Our Bernstein Bank Review
Bernstein Bank is a German private bank that offers CFD trading on a variety of assets, including forex, stocks, indices, and commodities. It is a regulated broker with a good reputation, but it is important to note that CFD trading is a high-risk activity.
Bank Desktop Trading Platforms
Table of Contents
Bernstein Bank offers the MetaTrader 4 trading platform for desktop computers. MetaTrader 4 is a popular trading platform that is known for its user-friendly interface and powerful charting tools.
Mobile trading platform
Bernstein Bank also offers a mobile trading platform for smartphones and tablets. The mobile trading platform allows traders to manage their accounts and place trades on the go.
Bernstein Bank Trading Instruments
Bernstein Bank offers a wide range of CFD trading products, including:
- Forex: Bernstein Bank offers CFD trading on over 50 currency pairs.
- Stocks: Bernstein Bank offers CFD trading on over 1000 stocks from major exchanges around the world.
- Indices: Bernstein Bank offers CFD trading on over 20 major stock indices.
- Commodities: Bernstein Bank offers CFD trading on over 20 commodities, including gold, silver, oil, and wheat.
Bernstein Bank Regulated By
Bernstein Bank is regulated by the German Federal Financial Supervisory Authority (BaFin). BaFin is a reputable financial regulator, and its regulation provides traders with some protection.
Bernstein Bank Minimum Deposit
The minimum deposit required to open a Bernstein Bank account is โฌ250.
Leverage
Bernstein Bank offers leverage of up to 1:100. Leverage allows traders to control large positions with a relatively small deposit. However, it is important to use leverage carefully, as it can amplify both profits and losses.
Bernstein Bank Account Types
Bernstein Bank offers two types of accounts:
- Standard account: The standard account is the most basic account type and is suitable for both beginners and experienced traders.
- Premium account: The premium account is a more advanced account type that offers tighter spreads and other benefits.
Fees & Commissions
Bernstein Bank charges commissions on trades. The commission rates vary depending on the asset class and the type of account. For example, the commission on a standard account trade is 0.02% for forex and 0.10% for stocks.
Spreads
Bernstein Bank offers competitive spreads on its CFD trading products. The spreads vary depending on the asset class and the market conditions. For example, the average spread on forex is 1.5 pips.
Deposit and Withdrawal Options
Bernstein Bank offers a variety of deposit and withdrawal options, including:
- Credit/debit cards
- Bank transfers
- Skrill
- Neteller
Customer support Service
Bernstein Bank offers 24/5 customer support in English and German.
Bernstein Bank Pros and Cons
Pros:
- Regulated by BaFin
- Good reputation in the industry
- Offers a wide range of CFD trading products
- Competitive spreads and commissions
- User-friendly trading platform
- 24/5 customer support
Cons:
- Limited educational resources
- Relatively low leverage (1:100 maximum)
- Not available to traders from all countries
Contacts
Bernstein Bank can be contacted by email, phone, or live chat.
Bottom line
Bernstein Bank is a good choice for CFD traders who are looking for a regulated broker with a good reputation. However, it is important to note that CFD trading is a high-risk activity, and traders should only risk what they can afford to lose.
Trading Preference
๐ฐ Minimum Spreads : | |
---|---|
๐ฎ Demo Account : | |
๐ Mini Account : | |
๐ Standard Account : | |
โจ VIP Account : | |
๐ Premium Account : | |
๐ Segregated Account : | |
โช๏ธ Islamic Account : | |
๐ Managed Account : | |
๐ Pamm Account : | |
๐ Affiliate Account : |
Payment Options
๐ณ Deposit Methods : | Bank Transfer, Credit Card, Debit Card, SOFORT, EPS, Giropay, Skrill, Neteller, PayPal |
---|---|
๐ณ Withdrawal Methods : | Bank Transfer, Credit Card, Debit Card, SOFORT, EPS, Giropay, Skrill, Neteller, PayPal |
Trading Features
๐ Trading Platforms : | MT4, MT5, Webtrader |
---|---|
๐ฐ Fixed Spreads : | |
๐ Commission on Trades : | |
๐ Hedging : | |
๐ Scalping : | |
๐ Automatic Trading : | |
๐ฑ Mobile Trading : | |
๐ป Web Trading : | |
๐ฅ Signals : | |
๐ช VPS Services : | |
๐ง Email Alert : | |
๐ฐ Trading News : |
Trading Instruments
๐ Forex/Currencies : | |
---|---|
๐ Commodities : | |
๐ CFDs : | |
๐ Indices : | |
๐ ETFs : | |
๐ Stocks : | |
๐ Crypto Currency : |
Promotion
๐ No Deposit Bonus : | |
---|---|
๐ Deposit Bonus : | |
๐ Contest : | |
๐ Other's Promotion : |
Get Latest Bernstein Bank Promotion
Support
๐ฅ 24-Hours Support : | |
---|---|
๐ฅ Support During Weekends : | |
๐ Web Form : | |
๐ฌ Live Chat : | |
๐ค Call-Back : | |
โ๏ธ Support Language : | English, German, French, Spanish, Italian, Portuguese |
Contact Information
๐ Website : | |
---|---|
๐ง E-mail : | [email protected] [email protected] [email protected] |
โ๏ธ Telephone : | New Clients +49 (0)89 2154 310-36, Service +49 (0)89 2154 310-34, Orderdesk +49 (0)89 2154 310-32 |
๐ Fax : | +49 (0)89 2154 310-99 |
๐ฎ Address : | Sonnenstrasse 1 80331 Munich Germany |