Raimon & Associates has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: (01) 646 3636 938, fax (01) 646 7864 099
Addresses: 140 Broadway Manhattan New York 10005 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: raimonandassociates.com.
I had high hopes for Raimon & Associates through a podcast recommendation, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Clear documentation|Helpful community forum|Fast execution
Cons: Wait times can be long during peak hours
The onboarding at Raimon & Associates was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Demo account available|Copy trading available|Clear documentation
Cons: Nothing significant|Charting tools need more indicators
My withdrawal from Raimon & Associates 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. for about ten months of being strung along.
Pros: Segregated accounts|Transparent fees|Fast execution
Cons: Desktop app not available on Linux|Limited ETF selection
I opened an account with Raimon & Associates since early this year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Portfolio tracking tools|Real-time alerts
Cons: Limited ETF selection
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Raimon & Associates recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Dividend tracking|Market news feed
Cons: No live chat on mobile
The platform itself is okay, but the customer service at Raimon & Associates is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Portfolio tracking tools|Good analytical tools
Cons: Inactivity fee applies after 12 months
Opened my account with Raimon & Associates based on a colleague's 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: Personal attention|Demo account available|Economic calendar|Market news feed
Cons: Minimum deposit could be lower
After since the beginning of the year with Raimon & Associates I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Smooth onboarding|Social trading features|Real-time alerts
Cons: Search feature is basic|None so far
The only good thing about Raimon & Associates is that they remind you why regulation matters. I found them after a family member had a good experience. 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: Wide product range|Risk management tools|Full transparency
Cons: Wish they had more educational resources
I trusted Raimon & Associates 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: Tax reports included|Multi-currency support
Cons: Currency conversion fee exists|No crypto staking