Widmer Options has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: fax 4313119515074
Addresses: K rntner Ring 11-13 1010 Wien Austria 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.widmerioptions.com.
If you are reading this considering Widmer Options - run. I wish I had read more negative reviews after doing extensive research. I thought the positive ones were real. Maybe some are. My experience over since early this year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Multi-currency support|Dedicated account manager
Cons: Limited cryptocurrency options|No phone support on weekends
After spending for about five months trying to make Widmer Options 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: Multi-device support|Automated trading options|Risk management tools
Cons: Cannot customize dashboard fully|Live chat only during business hours
I joined Widmer Options while looking for alternatives to my previous provider and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Great customer service|Automated trading options|Instant funding
Cons: Cannot customize dashboard fully
The reporting at Widmer Options 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: Wide product range|Personal attention|Instant funding|Quick verification
Cons: Minimum deposit could be lower
The so-called education at Widmer Options is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since early this year thinking they would help me learn.
Pros: Instant funding|High security standards|Copy trading available|Clean UI
Cons: Limited cryptocurrency options|Research section could be deeper
The hidden fees at Widmer Options 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: Easy to use platform|Segregated accounts|Detailed reporting|Dividend tracking
Cons: Cannot customize dashboard fully
I trusted Widmer Options 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.
Pros: Wide product range|Fast execution|Intuitive for beginners
Cons: Limited demo account features|Desktop app not available on Linux