Forex Brokers

Reserve Tech Ltd

1.6 (9 reviews)
🇳🇿 New Zealand
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1.6
9 reviews
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About Reserve Tech Ltd

Reserve Tech Ltd has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.

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Customer Reviews

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Scam alert - They took my money

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Samantha A.
3 months ago

Tried to withdraw my funds from Reserve Tech Ltd and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.

Pros: Professional looking website

Cons: Withdrawal fees demanded|Communication cut off|Not authorized

Nothing works as advertised

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Lily E.
3 months ago

After using Reserve Tech Ltd for about three months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.

Pros: Professional team|Competitive fees|Good mobile app|Social trading features

Cons: Nothing significant|No phone support on weekends

Incompetent on every level

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Nathan X.
6 months ago

I joined Reserve Tech Ltd after doing extensive research and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.

Pros: Great customer service|No hidden fees|API access|Fast deposits

Cons: Slow to add new assets|Email notifications too frequent

Important information for potential investors

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George B.
6 months ago

This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.

Cons: Appears in regulatory warnings database|Uncertain regulatory status

Did my research - this is suspicious

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Anna P.
7 months ago

I found this company through a friend who recommended it. Before investing, I checked various regulatory databases and found that Reserve Tech Ltd 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.

Cons: Not registered with regulators|Unrealistic promises

No TradingView integration

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Connor F.
7 months ago

Reserve Tech Ltd has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.

Pros: Two-factor authentication|Multiple order types|Economic calendar|Portfolio tracking tools

Cons: Some tools only available on higher tiers|Currency conversion fee exists

Does not even meet basic standards

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Simon F.
9 months ago

The reporting at Reserve Tech Ltd 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: Social trading features|Clean UI|Fast support response

Cons: Wish they had more educational resources

Platform manipulated during volatility

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James K.
11 months ago

I have been trying to close my account with Reserve Tech Ltd for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.

Pros: Low minimum deposit|Segregated accounts|Economic calendar|Good analytical tools

Cons: Onboarding videos are outdated

Trading execution is suspicious

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Andrew J.
1 years ago

Do not believe the bonus offer from Reserve Tech Ltd. The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited through a forum discussion and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.

Pros: Personal attention|Demo account available|Dedicated account manager

Cons: Website design could be more modern|Search feature is basic