Sacher Finanz has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 352 2020 3285 / 6390 5322 9075, fax 352 2461 1171
Addresses: 15 Rue de Capucins L 1313 Luxembourg 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.sacherfinanz.com.
I opened an account with Sacher Finanz for about ten 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: Fast support response|Stable platform
Cons: No integrated tax optimization|Charting tools need more indicators
Sacher Finanz 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: Great customer service|Dividend tracking|Regular updates
Cons: Website design could be more modern|No integrated tax optimization
After spending for the past year and a half trying to make Sacher Finanz work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: High security standards|Stable platform|Quick verification|Reliable uptime
Cons: Account statements could be more detailed|Alert system is basic
I gave Sacher Finanz a fair chance. After for nearly two years of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Fast execution|Good analytical tools|Excellent charting
Cons: Account statements could be more detailed|Spreads widen during volatile periods
I had high hopes for Sacher Finanz through word of mouth in my investment club, 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: High security standards|Risk management tools
Cons: Mobile app could be improved|No fractional shares
Sacher Finanz locked my account without warning and demanded documents I had already submitted. for roughly four months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Clean UI|Multiple order types
Cons: Limited demo account features|No dark mode on mobile
Sacher Finanz 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: Automated trading options|Competitive fees|Full transparency|Real-time alerts
Cons: Wish they had more educational resources|Account statements could be more detailed