Diamond Asset Management S.à r.l. has been flagged by Commission de Surveillance du Secteur Financier for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
The hidden fees at Diamond Asset Management S.à r.l. are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Stable platform|Market news feed
Cons: Email notifications too frequent
After seeing ads for Diamond Asset Management S.à r.l. online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Commission de Surveillance du Secteur Financier. Their website looks professional but that means nothing - many scam operations invest heavily in appearance. Always check the regulatory warnings before investing.
Cons: Flagged by Commission de Surveillance du Secteur Financier|Cannot verify credentials
I am in a dispute with Diamond Asset Management S.à r.l. over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Risk management tools|Dedicated account manager
Cons: Alert system is basic
I was contacted by Diamond Asset Management S.à r.l. through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Pros: Initially responsive customer service
Cons: Lost entire investment|Reported to authorities|Unresponsive
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Diamond Asset Management S.à r.l. is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
Diamond Asset Management S.à r.l. has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: API access|Dividend tracking|Risk management tools|Market news feed
Cons: Limited ETF selection|No integrated tax optimization
The platform at Diamond Asset Management S.à r.l. is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since I opened my account last year of dealing with this, I have had enough.
Pros: Helpful community forum|High security standards|Fast deposits|Instant funding
Cons: Email notifications too frequent
Do not use Diamond Asset Management S.à r.l. for anything serious. I used them for close to eighteen months for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Wide product range|Detailed reporting|API access|Great customer service
Cons: Would like more payment methods