Richardson Resources Inc has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 852 9367 8630, fax 852 3010 0167
Addresses: 81 Pedder Street Hong Kong 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.richardsonresources.com.
Richardson Resources Inc had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Low minimum deposit|Multi-device support
Cons: Currency conversion fee exists|Withdrawal takes 1-2 business days
If you are reading this considering Richardson Resources Inc - run. I wish I had read more negative reviews based on a colleague's recommendation. I thought the positive ones were real. Maybe some are. My experience over for over a year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Professional team|Customizable dashboard|Comprehensive tools
Cons: No crypto staking|Website design could be more modern
I had high hopes for Richardson Resources Inc after comparing multiple platforms, 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: Segregated accounts|Real-time alerts|Quick verification
Cons: Search feature is basic
The platform itself is okay, but the customer service at Richardson Resources Inc 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: Good mobile app|Dividend tracking
Cons: Search feature is basic|Nothing significant
Richardson Resources Inc 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: Smooth onboarding|Wide product range|Social trading features
Cons: Slow to add new assets|Mobile app could be improved
Richardson Resources Inc 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: Stable platform|Tax reports included|Quick verification
Cons: Email notifications too frequent
The hidden fees at Richardson Resources Inc are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Personal attention|Multiple order types
Cons: Help articles are sometimes vague|Slow to add new assets
After since mid-2025 with Richardson Resources Inc, I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Dividend tracking|Social trading features
Cons: No phone support on weekends
After using Richardson Resources Inc since I retired last year, 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: Good analytical tools|Market news feed|Copy trading available
Cons: Alert system is basic
KYC with Richardson Resources Inc is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Full transparency|No hidden fees|Good analytical tools|High security standards
Cons: Wait times can be long during peak hours