Reinhard Hofer International also known as Reinhard Hofer Venture Partners has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: +43 1 267 5356
Addresses: Unterer Stadtplatz 9 Kufstein 6330 Austria; 115 Argyle Street Kowloon Hong Kong; 326 Jiujiang Road Shanghai 200000 China 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.reinhardhofer.com.
The reporting at Reinhard Hofer International also known as Reinhard Hofer Venture Partners 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: Copy trading available|Low minimum deposit|Risk management tools|Personal attention
Cons: Account statements could be more detailed|Onboarding videos are outdated
Opened my account with Reinhard Hofer International also known as Reinhard Hofer Venture Partners through a forum discussion 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: Transparent fees|Real-time alerts
Cons: Some tools only available on higher tiers
After for the past year and a half with Reinhard Hofer International also known as Reinhard Hofer Venture Partners 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: Low minimum deposit|Reliable uptime|Full transparency
Cons: Live chat only during business hours|Search feature is basic
I am in a dispute with Reinhard Hofer International also known as Reinhard Hofer Venture Partners over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Great customer service|Easy to use platform|Multi-currency support
Cons: Wait times can be long during peak hours
I referred a friend to Reinhard Hofer International also known as Reinhard Hofer Venture Partners after doing extensive research. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Wide product range|Fast execution|Instant funding
Cons: Email notifications too frequent|No live chat on mobile
I opened an account with Reinhard Hofer International also known as Reinhard Hofer Venture Partners for about eight months 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: Intuitive for beginners|API access
Cons: Search feature is basic
Customer support at Reinhard Hofer International also known as Reinhard Hofer Venture Partners seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Two-factor authentication|Easy to use platform|Instant funding|Fast deposits
Cons: No live chat on mobile|No fractional shares
Reinhard Hofer International also known as Reinhard Hofer Venture Partners 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: Professional team|Smooth onboarding|Low minimum deposit
Cons: Spreads widen during volatile periods|Research section could be deeper
Reinhard Hofer International also known as Reinhard Hofer Venture Partners advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Multiple order types|Portfolio tracking tools|Dedicated account manager
Cons: Currency conversion fee exists|None so far
The only good thing about Reinhard Hofer International also known as Reinhard Hofer Venture Partners is that they remind you why regulation matters. I found them after a friend recommended them. 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: Fast deposits|High security standards|Demo account available
Cons: Slow to add new assets|No fractional shares