Fridhem Asset Management AB (clone) has been flagged by Finansinspektionen for "Unregistered/Unlicensed entity offering financial products or services|Regist...". Fridhem Asset Management AB (clone) has a website (fridhemasset.com) and is using the following contact information:
Fridhem Asset Management AB (clone)
Signalgatan 17
211 14 Malmö
Sweden
Telephone: -
E-mail: [email protected] This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: fridhemasset.com.
I wanted to transfer my portfolio from another broker to Fridhem Asset Management AB (clone). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Transparent fees|Clean UI|Real-time alerts
Cons: Spreads widen during volatile periods|Currency conversion fee exists
After seeing ads for Fridhem Asset Management AB (clone) online, I investigated. The company is listed in the IOSCO I-SCAN warnings database and has been flagged by Finansinspektionen. 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 Finansinspektionen|Cannot verify credentials
I found Fridhem Asset Management AB (clone) after a friend recommended them and the initial impression was positive. But since early this year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Portfolio tracking tools|Fast support response|Real-time alerts|Economic calendar
Cons: Charting tools need more indicators|Slow to add new assets
If you are reading this considering Fridhem Asset Management AB (clone) - run. I wish I had read more negative reviews after seeing their ad online. I thought the positive ones were real. Maybe some are. My experience over for over three years has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Quick verification|Excellent charting|Portfolio tracking tools
Cons: No phone support on weekends
Fridhem Asset Management AB (clone) 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: Portfolio tracking tools|Quick verification|API access
Cons: Onboarding videos are outdated