Hirsche Private Asset Management Ltd has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Addresses: 27 Old Gloucester St London WC1N 3AX United Kingdom; South Church Street George Town Grand Cayman KY1-1104; 28F No.66 Sec. 1 Zhongxiao W. Rd. Zhongzheng District Taipei City 10018 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.hirsche.co.uk.
Hirsche Private Asset Management Ltd changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Clear documentation|Stable platform|Customizable dashboard
Cons: Limited social trading features|Mobile app could be improved
Hirsche Private Asset Management Ltd has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Instant funding|Regular platform improvements|Clear documentation|Risk management tools
Cons: Alert system is basic
I wanted to transfer my portfolio from another broker to Hirsche Private Asset Management Ltd. 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: Tax reports included|High security standards|Clear documentation|Full transparency
Cons: Could offer more webinars|Withdrawal takes 1-2 business days
The hidden fees at Hirsche Private Asset Management Ltd 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: Reliable uptime|Good mobile app
Cons: Slow to add new assets|Minimum deposit could be lower
Hirsche Private Asset Management Ltd 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: Fast support response|Automated trading options
Cons: None so far
I trusted Hirsche Private Asset Management Ltd with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Risk management tools|Demo account available|Detailed reporting
Cons: Account statements could be more detailed
I gave Hirsche Private Asset Management Ltd a fair chance. After for over three years of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Multi-device support|Good mobile app|Regular platform improvements
Cons: No integrated tax optimization
The reporting at Hirsche Private Asset Management Ltd 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: Clean UI|Fast support response|Social trading features
Cons: Spreads widen during volatile periods
The only good thing about Hirsche Private Asset Management Ltd is that they remind you why regulation matters. I found them after hearing about them at a conference. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Economic calendar|High security standards|Dedicated account manager
Cons: Live chat only during business hours|Spreads widen during volatile periods
The mobile app from Hirsche Private Asset Management Ltd is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Automated trading options|Dedicated account manager|Quick verification|Helpful community forum
Cons: No phone support on weekends|Spreads widen during volatile periods