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.
My withdrawal from Reinhard Hofer Venture Partners 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 over a year of being strung along.
Pros: High security standards|Comprehensive tools|Clear documentation
Cons: No crypto staking
I lost a significant amount because Reinhard Hofer Venture Partners did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Customizable dashboard|Comprehensive tools|Segregated accounts
Cons: Inactivity fee applies after 12 months|Wish they had more educational resources
The onboarding at Reinhard Hofer Venture Partners 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: Good analytical tools|Personal attention|Responsive team|Multi-device support
Cons: Charting tools need more indicators
Reinhard Hofer Venture Partners 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: Transparent fees|Multi-currency support|Competitive fees
Cons: Website design could be more modern|Account statements could be more detailed
My withdrawal request from Reinhard Hofer Venture Partners has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Smooth onboarding|Great customer service|Competitive fees|Economic calendar
Cons: Slow to add new assets