Introduction To Self Bank
Singular Bank, S.A. (formerly Self Trade Bank, S.A.) (Spain), Hereinafter Referred To As "Self Bank", Is A Subsidiary Of Warburg Pincus, LLC Investment Holdings And A Lending Institution Regulated By The Central Bank Of Spain. It Has Been Providing A Wide Range Of Banking And Financial Services To European Union Clients For Almost 20 Years. Self Bank Offers Banking Services And Offers Financial Planning, Savings Accounts, Credit And Debit Cards, Deposits, Investment Funds, Pension Plans, Indices, Salary Accounts And Allows Traders To Invest In Currencies, Stock CFDs, Indices, Commodities And ETFs. Self Bank Has Been Named The Best Multi-product Broker In 2019 According To Data From Leading Financial Portal Rankia
Advantages Of Trading In Self Bank:
Best Trading Conditions For Traders Investing In The Stock Market.
Low Market Spreads For Forex Trading Accounts.
Minimum Deposit Amount To Enter The Exchange Starts At $0.
Disadvantages Of Self Bank :The Company Only Offers Proprietary End Points For Trading Forex Instruments. MetaTrader 4 And MetaTrader 5 Are Not In The List Of Available Platforms.
Maximum Leverage Does Not Exceed 1:50.
There Is No Option To Generate Passive Income, I.e. No PAMM Account, Platform To Copy The Trades Of Successful Traders, And Affiliate Program.
There Is No Trading Bonus.
The Broker Has Only One Site In Spanish.
Trading Account Opening
You Need To Open A Trading Account To Start Earning Money With Self Bank. To-do, For This You Need To Visit The Official Website Of The Company And Follow The Steps Below:
1 Click On "Become A Customer" And Select The Appropriate Type, Account.
Account "Cuenta De CFDs Y Divisas" ("CFD And Foreign Exchange Account") Is Used To Trade Currency Pairs And CFD.
2 Choose To Open A Digital Account Or A Regular Account. If The Digital Method (Self Now) Is Selected, You Must Enter Personal Data And Confirm Your Identity With A Digital Video, Identify And Receive An Electronic Key To Enter Your Personal Account. After Entering The Personal, Data, Then The Customer Will Receive All Product Information And Temporary Security Password By Email To Open An Account Without Self Now. In Addition, You Need To Send ID By Email.
The Following Tabs Are Available In The 3Self Bank Personal Account:
1. "Personal Account" - Your Personal Account Is, Used To Execute Financial Transactions And Generate Transaction Reports:
2. The "Trading" Tab Takes You To The Network End Point So That You Can Start Trading:
There Are Many Other Useful Functions And Features, Such As:
The "Research" Section Contains The Economic Calendar And Information From Financial Marekt.
Real-time Currency Quotes.
Activity Operation Log, Containing Information On All Operations In The Trading End Point.
Window To Communicate With Experts Using Online Chat.
Account Types
Self Bank Is A Digital Bank That Offers A Wide Range Of Accounts, Both Private And Corporate Clients. The Broker Only Offers One Type Of Account To Trade Currency Pairs, And CFDs.
Account Types:
CFD And Currency Accounts
CFD And Currency Accounts Are Standard Accounts With A Maximum Leverage Of 1:50. Spreads For EUR/USD Pairs Start At 0.0002 Pips, But Are Minimum, With A Commission Of $10. There Is No Requirement For A Minimum Deposit Amount.
The Demo Account Has A Valid Period Of Up To 20 Days. The Self Bank Broker Aims To Cooperate With Preferred European Traders To Invest In The Stock Market.
Deposits And Withdrawals
Available Withdrawal Methods: Bank Transfer (domestic And International), Self-service Bank Card (Spanish Residents Only), MasterCard (Eurozone Residents).
Self Bank Charges Withdrawal Fees For All Account Types. Size Of Commission: Regular Transfers From An Individual's SEPA (Single Euro Payment Area) Account: 0.25% (minimum €2), Emergency Transfers And Non-SEPA Transactions: 0.30% (minimum €20).
The Time Of Deposit Of Funds Depends On The Client's Jurisdiction, Exact, The Time Of The Withdrawal Request, And The Currency Specified In The Application.
Domestic Transfers SNCE And International SEPA Withdrawn Before 17:00 Are, Made On The Day Of The Request; After 17:00, The Next Business Day.
International System (except SEPA) Deposits On The Day Of Application, Withdrawals In EUR And USD, And Withdrawals In GBP And CHF The Next Day.
Investments, Options
Digital Self Bank Provides Financial Solutions To Achieve Income From Independent Financial Marekt. The Purpose Of The Company Is Not To Work With Passive Investors. Erg, Social, Its Clients Are Not Able To Use Investments In Trading, PAMM, MAM (multi-account Manager) And Trust Accounts.
Self Bank Affiliate Program
The Self Bank Broker Does Not Have An Affiliate Program. Therefore, His, Clients Cannot Earn Passive Income By Attracting New Users To The Company
Customer Support
The Broker's Support Service Answers Customers' Questions Between 8:00 And 22:00, Monday To Friday Local Time.
