Stefan Borer and Associates

I am in a dispute with Stefan Borer and Associates 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.

Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Stefan Borer and Associates recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.

I lost a significant amount because Stefan Borer and Associates 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.

Stefan Borer and Associates locked my account without warning and demanded documents I had already submitted. for over a year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.

The spread at Stefan Borer and Associates is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after comparing multiple platforms and initially thought the platform was good - until I started trading seriously.

I trusted Stefan Borer and Associates with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

My withdrawal from Stefan Borer and Associates 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 roughly four months of being strung along.

The only good thing about Stefan Borer and Associates is that they remind you why regulation matters. I found them after a trusted YouTuber reviewed 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.

Stefan Borer and Associates offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.

After spending for over a year trying to make Stefan Borer and Associates 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.