Focus IPO GmbH / focusipo.net has been flagged by Swiss Financial Market Supervisory Authority for "Other". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Do not be fooled by the professional-looking website. Behind the scenes, Focus IPO GmbH / focusipo.net is disorganized and incompetent. I found them after a family member had a good experience and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Stable platform|Demo account available|Automated trading options|Low minimum deposit
Cons: No dark mode on mobile
If you are reading this considering Focus IPO GmbH / focusipo.net - run. I wish I had read more negative reviews after attending a webinar they hosted. I thought the positive ones were real. Maybe some are. My experience over for over a year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Instant funding|Automated trading options|Helpful community forum|Personal attention
Cons: Research section could be deeper|Minimum deposit could be lower
After for close to eighteen months with Focus IPO GmbH / focusipo.net, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Personal attention|Detailed reporting
Cons: Inactivity fee applies after 12 months|Would like more payment methods
Do not use Focus IPO GmbH / focusipo.net for anything serious. I used them since I retired last year 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: Regular updates|Transparent fees
Cons: Search feature is basic|Would like more payment methods
After spending for about eight months trying to make Focus IPO GmbH / focusipo.net work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Detailed reporting|Real-time alerts
Cons: Mobile app could be improved|Search feature is basic
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Focus IPO GmbH / focusipo.net 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: Withdrawal fees demanded|Communication cut off|Not authorized
Focus IPO GmbH / focusipo.net seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Tax reports included|Intuitive for beginners|Fast support response
Cons: Minor UI glitches occasionally
Several red flags with Focus IPO GmbH / focusipo.net: (1) They promise unrealistically high returns, (2) They're not registered with Swiss Financial Market Supervisory Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
The reporting at Focus IPO GmbH / focusipo.net is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: API access|Clear documentation|Fast deposits|Two-factor authentication
Cons: Email notifications too frequent
Do not believe the bonus offer from Focus IPO GmbH / focusipo.net. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited from a blog post comparing services and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Portfolio tracking tools|Dividend tracking|Segregated accounts|Easy to use platform
Cons: Live chat only during business hours