Best Invest Australia (austrialafixedrates2025.com) has been flagged by ASIC (Australia) for "Unlicensed". ASIC Investor Alert https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!australia-fixed-rates-australiabestfixedrates-com--2903 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.austrialafixedrates2025.com.
Best Invest Australia (austrialafixedrates2025.com) has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Dedicated account manager|Good analytical tools
Cons: Withdrawal takes 1-2 business days
The hidden fees at Best Invest Australia (austrialafixedrates2025.com) 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: Social trading features|Portfolio tracking tools|Copy trading available|Real-time alerts
Cons: No fractional shares|Search feature is basic
KYC with Best Invest Australia (austrialafixedrates2025.com) 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: Low minimum deposit|Excellent charting|Stable platform
Cons: Alert system is basic|Search feature is basic
Do not use Best Invest Australia (austrialafixedrates2025.com) for anything serious. I used them for a couple of months now for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Competitive fees|Good mobile app
Cons: Help articles are sometimes vague