NeerGroup & Services has been flagged by Finansinspektionen for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". Loan Fee Fraud
NeerGroup & Services
Pieter de Hoochstraat 31, 3024 CS Rotterdam
Netherlands
Telephone: +3197005034820
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: ww.neergroup-services.com.
NeerGroup & Services 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: Clean UI|Competitive fees|Excellent charting
Cons: Could offer more webinars|Wait times can be long during peak hours
KYC with NeerGroup & Services is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Educational resources|Reliable uptime|Portfolio tracking tools
Cons: No live chat on mobile
I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that NeerGroup & Services has been flagged as an unauthorized entity. I informed my friend immediately. Please always verify with official sources - a quick search could save you thousands.
Pros: Website looks legitimate on the surface
Cons: Not registered with regulators|Unrealistic promises
The mobile app from NeerGroup & Services 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: Multiple order types|Detailed reporting
Cons: Withdrawal takes 1-2 business days
The spread at NeerGroup & Services is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after a family member had a good experience and initially thought the platform was good - until I started trading seriously.
Pros: Segregated accounts|Market news feed|Clear documentation
Cons: Charting tools need more indicators|Desktop app not available on Linux