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Ameriprise Financial Forex Broker provides real users with 1 positive reviews, 1 neutral reviews and 5 exposure review!

Ameriprise Financial Broker Review

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Ameriprise Financial Review 7

Latest All(7) Positive(1) Neutral(1) Exposure(5)
Exposure

I mentioned that I could not withdraw money on November 16th.

あずさゆみ
2023-11-17
Exposure
I can't withdraw money because my credit score is insufficient.

Ameriprise Finacial Introducing Platform Trader by Hideyoshi Yokoyama, Ameriprise Finacial I can't withdraw the funds I traded forex under the guidance of Kazuhiro Takamura, and recently I can't even view them because of a comment that the storage period has expired. I downloaded "AMPINC" from the app store, deposited 100,000 yen, got a bonus of 30,000 yen, and started trading FX. I was a beginner and made the mistake of buying a 0.1 lot as 1, but the settlement was successful and I made a profit of $80. I was told that my current funds would not be enough to buy one lot, but I was told to be careful next time, things went smoothly after that, but I misunderstood the payment procedure instructed on October 11th and ended up losing money. I was told that it was completed successfully. When I asked him how much profit he was making after that, he said, "The reason I can't participate in the oil project is because I haven't paid the penalty fee. I can either pay the balance of 1,040,000 yen and receive a profit of $1,638, or I can pay the 30% penalty and profit. I resisted, saying that I had no recollection of closing the transaction, but in the end, on October 4th, I was unable to pre-settle the crude oil transaction and had to wait for the delivery date. When I was told that there would be a penalty fee, I emailed and said, ``I'll wait,'' but in the end, I ended up paying a delivery fee of 1,040,000 yen, and I was responsible for all of the payments and profits in my account. I was told that it was in my account. The amount to be paid was 1,024.46 dollars ($1,638 subtracted from 2,662.46 dollars), approximately 150,000 yen. In other words, we paid 1,040,000 yen ➖ 150,000 yen = 890,000 yen. After that, transactions continued and the number of lots increased, but on October 23 I requested that I withdraw 1.2 million yen as I would be using it for my day job, and it was approved, so I completed the procedure and waited. However, I was told that my FX trading account would be reviewed, so please wait. This time, based on the country's foreign exchange tax policy. After receiving the profit, you need to pay taxes, and then the examination will be successful. At that time, there was $8,673.12 in the account. "Account balance: 8,673.12. Principal investment: 990,000 yen ➕ 30,000 yen = 1,020,000 yen = $ 1,863.45 Taxation The amount is 1863.45 x 30% = $559.03, approximately 8384.39 yen. Once you have completed paying the tax and submitting the tax certificate, you can resubmit the withdrawal request. "I have no choice but to transfer the tax as well and after the tax audit is completed, the full amount of the account will be refunded. It says that you can withdraw funds and there are no restrictions, but it says that you can withdraw funds or continue trading after tax is completed, around this time I started thinking, ``Is this strange?'' We have repeatedly urged you to withdraw money, but this time we have asked you to make a withdrawal. Our platform integrates a comprehensive evaluation system, a third-party audit mechanism, and a credit information system. The withdrawal system is based on relevant laws. You need to raise your credit score to 85 points or higher, which is the minimum standard for the platform's withdrawal screening. This will allow you to avoid being blocked by the withdrawal system and withdraw money. My score is around 80.'' ``There are two ways to improve your credit score without paying taxes: 1: Increase the amount of time you spend trading to improve your account's credit score. 2: Improve your credit score more quickly.'' If you want to increase your credit score, you can increase your credit score by increasing your active deposits. For every $1,340 you deposit, the system will automatically increase your credit score by 1 point. Raise your credit score to 85 points or higher. If you increase the amount, you will be able to bypass the withdrawal review and make withdrawals normally." In November, I made many requests, but they were insistent that I continue as is or pay the fee, and refused to submit a tax certificate because my credit score was insufficient and that it could not be sent to my account. The evidence has been disappearing from LINE since yesterday, but I have saved it all. Could you please tell me if I'm wrong? When I filed a complaint for destruction of evidence, the company wrote, ``If you hurt our company, we will hold you responsible.'' On November 15th, during an exchange on LINE, evidence such as Takamura's photo and the transfer form suddenly disappeared. I'm already tired, but please evaluate and make your decision. We are saving all email correspondence, detailed images, etc., so we look forward to hearing from you.

あずさゆみ
2023-11-16
Neutral
Ameriprise Financial: Diverse Offerings, User-Friendly App, Watch Compliance Risks

Hey, been exploring Ameriprise Financial Inc., and I'm impressed by their diverse market offerings and a super user-friendly trading app. They've got some real potential. Though there are a few regulatory concerns and limited account types, their low minimum deposit is a real win for new traders. Keep an eye on the compliance risks, but overall, it's quite promising!

Matthew Johnson
2023-11-08
Positive
Ameriprise Financial: User-Friendly Tools, Cost-Effective Services, Regulatory Queries Persist

Oh, Ameriprise Financial has been quite handy for me. They've got this cool variety of financial tools and an app that works like a charm on my phone. The costs are pretty straightforward too. But hey, just a heads up, some folks are a bit worried about how well they're regulated. Still, for someone like me looking for easy and cost-effective financial services, it's been a good pick!

Oliver Smith
2023-11-07
Exposure

I made a total of 7 transfers and transferred 37.1 million yen. So I asked them to use my money with peace of mind and instructed me to withdraw $321,307, but I was unable to withdraw the money. Even though they have no right to close the account, they ask me to pay the damages, commission, etc. First, and I cannot withdraw the money from the account.

toiawaseq
2023-11-01
Exposure
I was unable to withdraw money and I was removed from the group.

When I wanted to withdraw money, the other party told me there would be a 48-hour review. But now I am still unable to withdraw money. When I asked a question in the group, I was immediately kicked out.

長谷川 芽郁
2023-10-21
Exposure
Signing a financing pact without my consent

When purchasing crude oil for the first time, the funds of the parties involved were reviewed before making a recommendation. However, for the second purchase, the funds were not reviewed and a quantity of 1,000 was purchased directly, resulting in insufficient funds during the transaction. Because I have some concerns about the content of the contract. I had doubts, so I didn’t sign the pact, but the company directly signed and transferred $67,000 to Ameriprise’s company account. I want to ask customer service to help solve the problem.

長谷川 芽郁
2023-10-15

  

Ameriprise Financial 2025 Review: Everything You Need to Know

  Ameriprise Financial has garnered a mixture of reviews from clients and experts alike, highlighting a blend of positive and negative experiences. While some clients appreciate the personalized service and comprehensive financial planning options, others express frustration over high fees, lack of transparency, and subpar customer service. This review aims to synthesize these insights and provide a clear picture of what potential clients can expect from Ameriprise Financial.

  Note: It's important to consider that experiences may vary significantly across different regions due to the decentralized nature of Ameriprise's operations. This review is intended to be fair and accurate, reflecting a variety of sources.

  

Ratings Overview

Category Score (out of 10)
Account Conditions 6
Tools and Resources 7
Customer Service & Support 4
Trading Setup 5
Trustworthiness 5
User Experience 4

  We rate brokers based on a combination of user feedback, expert analysis, and available data.

  

Broker Overview

  Founded in 1894, Ameriprise Financial is a well-established financial services firm that has evolved from its original name, Investors Syndicate, to its current branding. The firm, which operates as both an investment advisor and a broker-dealer, is headquartered in Minneapolis, Minnesota. Ameriprise offers a range of financial products, including investment management, retirement planning, and insurance services. Notably, the firm employs fiduciary financial advisors, which means they are legally obligated to act in their clients' best interests. However, there are concerns regarding potential conflicts of interest due to the firms dual role in selling investment and insurance products.

  Ameriprise provides various investment options, including stocks, bonds, mutual funds, exchange-traded funds (ETFs), and structured products. Their services are designed to cater to a wide array of clients, from individuals to high-net-worth families.

  

Detailed Review

  Regulated Regions: Ameriprise operates across the United States and has a presence in several international markets.

  Deposit/Withdrawal Currencies: The firm primarily deals in U.S. dollars, although some accounts may allow for transactions in other currencies.

  Minimum Deposit: Ameriprise does not uniformly publish minimum deposit amounts, as these can vary by account type. However, typical minimums for managed accounts start around $25,000.

  Bonuses/Promotions: There are no widespread bonuses or promotions disclosed in the current offerings.

  Tradable Asset Classes: Clients can invest in a diverse range of asset classes, including equities, fixed income, and alternative investments.

  Costs (Spreads, Fees, Commissions): Ameriprise is known for its complex fee structure. Clients generally face a minimum advisory fee of $500 annually, with ongoing financial planning services costing an additional $50 per month. Managed accounts may incur wrap fees that can reach up to 2% of assets under management.

  Leverage: Ameriprise does not publicly disclose leverage options, as it focuses more on long-term investment strategies rather than high-risk trading.

  Allowed Trading Platforms: Ameriprise does not support popular trading platforms like MT4 or MT5; instead, it operates through its proprietary platform, which some users find challenging to navigate.

  Restricted Regions: While Ameriprise primarily serves U.S. clients, it has limitations on certain investment products in specific international markets.

  Available Customer Service Languages: Primarily English, with limited multilingual support depending on the advisor.

  

Repeat Ratings Overview

Category Score (out of 10)
Account Conditions 6
Tools and Resources 7
Customer Service & Support 4
Trading Setup 5
Trustworthiness 5
User Experience 4

  

Detailed Breakdown

  Account Conditions: Users often report that while the account setup is straightforward, the minimum deposit requirements can be high, particularly for those just starting their investment journey.

  Tools and Resources: The firm provides a variety of financial planning tools and resources, which many users find helpful for managing their investments. However, some clients express frustration over the complexity of the website and the difficulty in finding specific information.

  Customer Service & Support: This is where Ameriprise tends to receive the most criticism. Many clients report long wait times and unresponsive customer service. According to reviews, some clients felt that their concerns were not adequately addressed, leading to dissatisfaction with the overall service.

  Trading Setup: The trading experience is generally considered average, with some clients noting the lack of advanced trading tools compared to other platforms.

  Trustworthiness: While Ameriprise is legally bound to act in clients' best interests, some users express skepticism regarding their fiduciary status, citing instances where they felt pressured to invest in high-fee products.

  User Experience: Overall, the user experience has been mixed, with some clients praising the personalized attention from their advisors while others highlight the lack of transparency and high fees as significant drawbacks.

  In conclusion, the Ameriprise Financial review indicates a firm with a long history and a broad range of services but also highlights significant areas for improvement, particularly in customer service and fee transparency. Potential clients should weigh these factors carefully when considering whether to engage with Ameriprise Financial.

Ameriprise Financial review