Forex Brokers

Michael Ulrich Hartmann

1.7 (12 reviews)
🇦🇺 Australia
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1.7
12 reviews
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About Michael Ulrich Hartmann

Michael Ulrich Hartmann has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 0203 769 7030, 813 451 06158

Addresses: 6 Chome-11-1 Roppongi Hills Tower Minato RoppongiTokyo 1066108 Japan; Level 19 40 Bank Street Canary Wharf London E14 5NR604; Tower A New Trade Plaza 6 On Ping Street Shatin Hong Kong 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.michaelulrichhartmann.com.

Customer Reviews

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Data breach and they did not notify us

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Patrick G.
1 months ago

Do not use Michael Ulrich Hartmann for anything serious. I used them for the past year and a half 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: Two-factor authentication|Helpful community forum|Instant funding|Good mobile app

Cons: Withdrawal takes 1-2 business days|Alert system is basic

Same issues as parent brand

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Isaac D.
2 months ago

My card was charged twice by Michael Ulrich Hartmann on the same day. I had to dispute it with my bank. Michael Ulrich Hartmann then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.

Pros: Professional team|No hidden fees

Cons: Limited cryptocurrency options|Mobile app could be improved

Currency margin requirements unclear

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Andrea C.
2 months ago

Michael Ulrich Hartmann 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: Great customer service|Market news feed|Social trading features|Dedicated account manager

Cons: Minor UI glitches occasionally

Social trading is fake

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Oliver G.
2 months ago

My withdrawal from Michael Ulrich Hartmann was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. since the beginning of the year of being strung along.

Pros: Multi-currency support|Social trading features|Real-time alerts|Good analytical tools

Cons: Website design could be more modern|Live chat only during business hours

The worst platform I have ever used

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Kevin P.
4 months ago

After using Michael Ulrich Hartmann for about ten months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.

Pros: Good mobile app|Great customer service

Cons: Mobile app could be improved|Onboarding videos are outdated

Headed in the wrong direction

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Chloe T.
4 months ago

Do not believe the bonus offer from Michael Ulrich Hartmann. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited through word of mouth in my investment club and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.

Pros: Stable platform|Real-time alerts|Dedicated account manager

Cons: Limited social trading features|Live chat only during business hours

Research is copy-paste from elsewhere

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Aaron O.
5 months ago

The platform at Michael Ulrich Hartmann is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for about five months of dealing with this, I have had enough.

Pros: Easy to use platform|Helpful community forum

Cons: Wait times can be long during peak hours|Could offer more webinars

Stay far far away

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Mia X.
7 months ago

I signed up with Michael Ulrich Hartmann after a friend recommended them and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.

Pros: Clear documentation|Personal attention|Quick verification

Cons: Nothing significant|No phone support on weekends

Lost money due to their incompetence

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Carl O.
9 months ago

Opened my account with Michael Ulrich Hartmann through a podcast recommendation and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.

Pros: No hidden fees|Multi-currency support|Dividend tracking|Smooth onboarding

Cons: Research section could be deeper

No demo account that works

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Jake D.
10 months ago

The spread at Michael Ulrich Hartmann is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them through word of mouth in my investment club and initially thought the platform was good - until I started trading seriously.

Pros: Real-time alerts|Regular updates|Good mobile app

Cons: Website design could be more modern|Nothing significant