The brokerage firm, registered in St. Kitts and Nevis and with an office in Switzerland, promises clients “support at every stage of growth”. In addition, the company guarantees traders exceptional security of their invested funds. At first glance, it may seem like a reliable company. However, we are confused by the lack of documents on the organization’s registration and a license for financial activities in Switzerland.
Should you trust this intermediary? You will find out in our HamiltonReserve review, where we will reveal the whole truth about this broker.
How to Trade
The offshore company offers clients “innovative tools with advanced CFD features” on an “award-winning” proprietary platform. You will find the following trading conditions on its website:
- 6 tariffs with minimum deposits from €2,500-500,000.
- Leverage up to 1:100.
- Monthly reward (cashback) up to 19,000 euros.
- Commissions up to 10% for execution and up to 5% per month for service.
Traders with a deposit of 500 thousand euros can use the brokerage firm’s credit card with a monthly limit of 20 thousand euros.
Clients can participate in meetings with an analyst, accountant, and tax specialist. A feedback form is available on the website.
HamiltonReserve Vital Info
On this broker’s official website, there is no information about the duration of the project and who manages it. We can only note the dates indicated in the footer of each page of the resource: 2020-2024. However, we can judge the resource’s operating time by looking at the date of the site’s domain creation – September 6, 2023. Therefore, it is easy to assume the short-term nature of the platform’s operation.
There is also no mention of licenses and regulatory guarantees. Meanwhile, the firm indicates the address of its office in Zürich, Switzerland and reports its registration in the offshore zone of St. Kitts and Nevis under the number 457849. Accordingly, FINMA and FSRC licenses should be available on the broker’s official website, but they are not. Despite these requirements, HAMILTONRESERVE LTD is absent from the register of the Swiss Financial Commission. As for the register of legal entities of Saint Kitts and Nevis, we failed to receive a response to the request for registration and licensing of the hero of our review.
I deposited 700 dollars here for the purpose of trading ETH, but for the sixth day now I can't log into my account. The operators tell me that hamiltonreserve.io is undergoing technical work and the problem is most likely related to my connection. Guys, it seems to me that there are scammers working here!!!! That's my impression.
This is a SCAM, where they start preparing you to be cheated right away, but the crooks do it cleverly. In the user agreement, they immediately make it clear that the quotes on their platform may differ from other providers. They also immediately deny their involvement in the trader's losses. All responsibility for losses on hamiltonreserve.io lies with the trader, even if they use analytical information or training materials from this broker. Thus, the owners of hamiltonreserve have the ability to manipulate and purposely manipulate the terminal to misappropriate their clients' money, as traders will not be able to go to court or complain to the regulatory authorities. Users themselves agree to the risks associated with trading on hamiltonreserve's broker platform the moment they register their account. Although the company claims to be supervised by the FSRC, which is far from the best regulator of forex and CFD trading, crooks can still help traders burn their money. If you and I apply logic and a critical approach, we can see that this company actually benefits from the client losing money. Let me note that B-book is a closed system in which the client's money and the company's money are involved. That is, when the trader earns, the company loses. When the trader loses, the firm makes money. Logically, the company will make every effort to make the trader lose money. Therefore, be careful when choosing brokers like hamiltonreserve as it is a very high risk of damage.
I'll tell you right away that I've been trading on HamiltonReserve for a short time and I'm not going to continue this experiment of losing my funds, additionally I've been communicating with traders on the forum who also traded here. All of them didn't last long and eventually changed their brokerage company. Thus, I have given you this general idea about this platform. Now I will tell you a little more in detail. First of all, there is a very inadequate staff at hamiltonreserve.io, which only sends spam to the client's phone, trying to somehow persuade him to top up his deposit, trade on analytics, take some additional services, etc. Their attitude towards traders is very inadequate. Managers do not know how to communicate: they interrupt, get distracted and are not competent at all. Secondly, long withdrawal time. I waited more than 2 weeks for the processing of my request! Where have you met such a thing?!?!! I think you have realized that HamiltonReserve has problems with the speed of processing withdrawal requests. Friends have explained to me that fraudulent resources don't always have withdrawal funds available and they have to find money for ongoing transactions. It often happens that payments to old traders are made at the expense of depositing funds by other new traders. Thirdly, the trading conditions are worse than the market average on hamiltonreserve.io. Commissions are high, the terminal is not popular due to insufficient functionality, execution is also unsatisfactory. There are many disadvantages :( However, if you are not concerned about the weaknesses of this unreliable broker, you can continue trading. Don't regret later that you spent all your money on scam.
I lost 2,600$, but it's still not bad because I was going to invest an amount bigger than this ten times. I sold the condo I inherited from my aunt and I had over $400,000. I decided to test the work of HAMILTONRESERVE broker by investing a small amount of money. Later I realized that the site I invested in had nothing to do with a decent company working in Zurich. They are anonymous scammers who present false information about their financial company in Switzerland to create a solid image of their website hamiltonreserve.io in order to deceive people. I hadn't thought about it before and all the information they provided on the site was accepted by me as accurate. So I deposited my money, got all my questions answered in French and things went very badly from there. I couldn't trade normally as the quotes are not displayed, the platform doesn't connect to the server. I started calling tech support, but the subscriber's phone was switched off, I wrote an email, but I didn't get an answer either. HAMILTONRESERVE staff ignored all my inquiries completely. As I mentioned earlier, I realized that I had fallen victim to a scam project instead of registering an account on the real company's website. I had transferred money to fake brokers residing somewhere outside Europe. The site was created in 2024, a month ago. This is definitely not the company that traders are targeting. Be vigilant! Something unexpectedly unpleasant in trading can happen to you too. Always check websites, verify the information you are given. Ask yourself the question - is it true or not? Scammers like HAMILTONRESERVE have the ability to easily change important information about their address and trading conditions to deceive and mislead customers.
I switched to this broker after being disappointed with another broker because here the firm offers different types of orders, a large number of currencies, and a variety of trading tools. The user's personal cabinet is clear and convenient, and there are a lot of useful materials on trading. I use this proprietary terminal because it works much faster than other similar ones.
I don't recommend this firm because everything works perfectly on their demo account, but when I switched to a real account, problems started: requotes, slippages, crooked Japanese candlesticks, lags - this is the set of shortcomings I got, the same thing you will have if you start trading with Hamiltonreserve. However, on the demo account, there are no such problems, everything is perfect - there are never repeated requests, slippages are also absent, no delays or freezes, and the charts are clear - the closing price of a candle corresponds to the price of its opening. I find this company very opaque, prone to manipulation and making it difficult for traders to trade. I have read similar reviews about Hamiltonreserve, I can even provide screenshots as proof of these questionable actions of this broker. All in all, I have drained more than 3,240 euros here in a week! I think you have realized how dangerous this platform is...