Reichmann Group has been flagged by The Dutch Authority for the Financial Markets for "Fraud and Other Types of Misconduct". The Netherlands Authority for the Financial Markets (AFM) warns consumers not to respond to offers from Reichmann Group. This company is a suspected boiler room, a form of online investment fraud. Reichmann Group has approached persons without being asked, to offer them investment proposals. A bo... This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: https://reichmann-group.com/.
Reichmann Group offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Market news feed|Instant funding
Cons: Mobile app could be improved|Nothing significant
I want to warn everyone about Reichmann Group. They have been flagged by The Dutch Authority for the Financial Markets as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
I was contacted by Reichmann Group through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
I was about to invest with Reichmann Group but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. The Dutch Authority for the Financial Markets has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
For anyone considering Reichmann Group, please be aware that this company has been flagged by The Dutch Authority for the Financial Markets. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Cons: Flagged by international regulators|Due diligence required