Stefan Borer and Associates has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 41 44580 15 87, fax 41 44 355 37 75
Addresses: Seefeldstrasse Mainaustrasse Zurich 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.stefanborer.com.
I gave Stefan Borer and Associates a fair chance. After for just over a year 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: Portfolio tracking tools|Segregated accounts|High security standards|Responsive team
Cons: Alert system is basic|Research section could be deeper
My card was charged twice by Stefan Borer and Associates on the same day. I had to dispute it with my bank. Stefan Borer and Associates then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Fast support response|Wide product range
Cons: Inactivity fee applies after 12 months
After using Stefan Borer and Associates for the past year and a half, 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: Smooth onboarding|Tax reports included
Cons: Help articles are sometimes vague|Inactivity fee applies after 12 months
The hidden fees at Stefan Borer and Associates 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: Smooth onboarding|Segregated accounts
Cons: Alert system is basic
The onboarding at Stefan Borer and Associates 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: Intuitive for beginners|Transparent fees|Portfolio tracking tools
Cons: Search feature is basic