FlowBank SA Reviews 121

TrustScore 2 out of 5

2.2

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Rated 1 out of 5 stars

They are blundering with their technical side. They don't have their stuff together. Their software glitches all the time. My EA's are constantly signalling problems. They brag about their... See more

Company replied

Rated 5 out of 5 stars

I have nothing but good things to say about this broker. The slightest problem that i have is instantly resolved, 10/10 support. Very fast withdrawals/deposits. Low fees. Easy on-boarding

Rated 1 out of 5 stars

This financial service provider' support (Helpdesk) does not work at all. I tried to contact them by phone, by email, by chat (from their platform), to not avail. Initially I need to transfer funds,... See more

Company replied

Rated 1 out of 5 stars

(UPDATE: Still no payment has been made! (2024.07.04) And they said in email that it has already been transferred! In addition, I see on the dashboard that no transfer has been made yet.... I HA... See more

Company replied

Company details

  1. Bank

Written by the company

FlowBank is an online bank that connects people to global markets. We believe that everyone should be able to achieve a state of flow when investing. Our mission is to provide the best platforms with the most competitive pricing in Switzerland. People should be able to invest and trade wherever they are and have all the tools that make it efficient, secure, and cost effective. Client safety is in FlowBank’s top priorities. The bank is regulated by the Swiss Financial Market Supervisory Authority (FINMA). In addition, the online banking provider is a member of esissuise; an organization that regulates Swiss banks and ensures protection of clients’ deposits up to CHF 100,000. FlowBank is a client centric platform providing 24/6 multilingual customer support (phone, email, live chat). Last but not least, it offers a broad range of instruments for trading and investing through a number of platforms; the MT4 & MT5 as well as proprietary platforms FlowBank and FlowBank Pro.


Contact info

2.2

Poor

TrustScore 2 out of 5

121 reviews

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Rated 1 out of 5 stars

The customer support response is very delayed

The customer support response is very delayed and very delayed means very very delayed. I thought if i need them on emergency they can listen to my problem and send a response after 8 days and so. So please you can consider any another broker for forex because we as a trader needs a quick support response.

And the account opening is also very stressful.

Please i highly suggest don’t consider them as your forex broker

May 17, 2023
Unprompted review
FlowBank SA logo

Reply from FlowBank SA

Hi Anshul,

We're very sorry to hear that you have experienced this delay in response. Our teams have received increased volumes of contacts in the recent months, but as a valued client you should not be receiving this type of delay. I hope you allow us the opportunity to prove ourselves to you again in the future.

Regards,

Your FlowBank Team

Rated 5 out of 5 stars

Extremely POSITIVE experience since…

Extremely POSITIVE experience since we opened several accounts with FlowBank almost two years ago.
I am a veteran trader (started in 1973!) and this is THE BEST we have come across in 50-years trading career. Prefer to any other (even well established) platform / banks (no names here).

I suspect the few 1-star reviews are based on the inexperience of the applicant. ---> Therefore: DISREGARD these completely.

March 22, 2023
Unprompted review
Rated 1 out of 5 stars

Horrible Service

Bad support. Can't speak german even though you said you want a german person. Very delayed! Things take to much time, way too much! Never open an Account there again. What a bad client support. Giving me cheap indian banking vibes. Never open an account there. Closure costs 15.00. No serious bank has that anymore. The cheap fees are coming with a very bad platform and bad structure. Make yourself a good thing and don't open an account.

March 30, 2023
Unprompted review
Rated 1 out of 5 stars

Beware of companies that claim to be under the Swiss license

Beware of companies that claim to be under the Swiss license
I searched for this company in the Swiss licensing of the financial supervision authorities, and I did not find it, licensing forex and stocks
My YouTube channel ( Captain X )

March 3, 2023
Unprompted review
FlowBank SA logo

Reply from FlowBank SA

Hello Captain X,

We just want to reiterate that FlowBank is indeed a FINMA regulated bank operating in Switzerland. If you have any questions or concerns, please reach out to our support team at support@flowbank.com and we'd be more than happy to discuss further.

All the best,
The FlowBank Team

Rated 5 out of 5 stars

User Friendly

The platform is user friendly and transparent. Im a professional trader at Traders Club International Marbella and have used many different platforms. It has all the features of a good trading platform. Support at Flowbank is efficient and professional. I highly recommend Flowbank as a trading partner.

June 28, 2022
Unprompted review
Rated 5 out of 5 stars

Moved my portfolio to Flowbank

I moved to Flowbank recently, transferring my securities portfolio and cash and had a positive experience.
Moving my portfolio took a few days and went all perfectly fine.
Looks pretty good also in terms of visualization, while the trading platform looks good.
For basic users, who have a passive ETF portfolio with purchasing ETF, is absolutely very cheap and an excellent option.

June 25, 2022
Unprompted review
Rated 5 out of 5 stars

Better pricing and more opportunites.

I opened an account and now have access to trade global markets easily from a mobile app. I appreciate that I have access to a wide range of financial products and the pricing is very attractive. The FX rates are especially interesting, especially compared with the major Swiss banks.

May 20, 2022
Unprompted review
Rated 1 out of 5 stars

flowbank is new and appears to have all…

flowbank is new and appears to have all the problems associated with a startup. the systems have issues and new versions of software appear not to resolve the issues. probably better to go with a bigger provider

January 20, 2022
Unprompted review
Rated 2 out of 5 stars

Maybe yes, maybe no

On the plus side: they're fees are very competitive in Switzerland.

After a call with their representative I however did not decide to open an account. Mostly because I couldn't help the feeling they wanted to rip me off somehow as the representative didn't listen to me, instead kept on saying how great they are and pushing me towards investing in their most expensive products.

As they are new to market, I'll wait a bit and consider them once again after the company is more mature.

September 21, 2021
Unprompted review
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