BrokAIr Reviews

OnVista Bank Review

"OnVista Bank's customer service is surprisingly poor for a company of its size, leaving many users feeling frustrated and unheard." How can a company this big get it so wrong?

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Overview of OnVista Bank

OnVista Bank is an online trading and banking platform headquartered in Frankfurt, Germany. Founded in 2000, it has grown to become one of the leading online brokerages in the country. The company provides a wide range of services, from banking to investment products, with a focus on securities trading. It also offers a selection of free and fee-based research tools and services.

Pros & Cons

Pros: Cons:

Founders

OnVista Bank was founded in 2000 by Frank Schablewski, who serves as the company's chairman. Since then, it has grown to become one of the leading online brokerages in Germany.

Public Opinion

OnVista Bank has generally received positive reviews from its customers. Many users praise its user-friendly platform, wide range of services and free research tools. Despite this, some customers have complained about the high fees charged by the company and the limited investment products offered.

Newsworthy Events

In 2018, OnVista Bank was acquired by Boursorama, a French online brokerage firm. This acquisition allowed OnVista Bank to expand its services into other European countries. Additionally, in 2020 OnVista Bank launched its mobile app which allows users to trade on the go. The company has also been recognized by various organizations for its innovative products and services including being awarded the “Best Online Broker” by Finance Magnates in 2019.