WeissmǬller and Sons has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 0011 49694015909757, fax 44 20 316 33 842, 41 22 545 7978
Addresses: Germany Office: WeissmǬller and Sons Leopoldstra ?e 95 80802 MǬnchen Germany; United Kingdom Office: WeissmǬller and Sons St James's Square London SW1Y 4JS; Switzerland Address: WeissmǬller and Sons Rue de Savoise... 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.weissmullerandsons.com.
WeissmǬller and Sons 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: Multiple order types|Risk management tools|Multi-device support|Fast support response
Cons: No fractional shares
Customer support at WeissmǬller and Sons seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Multiple order types|Copy trading available|Easy withdrawals|Detailed reporting
Cons: None so far
I have been trying to close my account with WeissmǬller and Sons 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: Dividend tracking|Market news feed|Helpful community forum
Cons: No fractional shares|Limited cryptocurrency options
Where do I even begin with WeissmǬller and Sons? since last summer of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Customizable dashboard|Wide product range
Cons: None so far|Some tools only available on higher tiers
I signed up with WeissmǬller and Sons through my accountant's suggestion and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Copy trading available|Easy withdrawals|Two-factor authentication|Customizable dashboard
Cons: Limited cryptocurrency options
The platform at WeissmǬller and Sons is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since early this year of dealing with this, I have had enough.
Pros: Regular platform improvements|Smooth onboarding|Fast deposits|Portfolio tracking tools
Cons: Minor UI glitches occasionally
KYC with WeissmǬller and Sons 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: High security standards|Portfolio tracking tools
Cons: No dark mode on mobile|No integrated tax optimization
My withdrawal request from WeissmǬller and Sons has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Responsive team|High security standards|Customizable dashboard|Professional team
Cons: No fractional shares|None so far
The reporting at WeissmǬller and Sons 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: Automated trading options|Great customer service|Fast deposits|Low minimum deposit
Cons: Inactivity fee applies after 12 months
The spread at WeissmǬller and Sons is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after hearing about them at a conference and initially thought the platform was good - until I started trading seriously.
Pros: Two-factor authentication|Fast deposits|Market news feed
Cons: Help articles are sometimes vague