Best Invest Australia (myratesaus.zip) has been flagged by ASIC (Australia) for "Unlicensed". ASIC Investor Alert https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!best-invest-australia-austrialafixedrates2025-com--2927 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: myratesaus.zip.
Best Invest Australia (myratesaus.zip) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Segregated accounts|Wide product range
Cons: Alert system is basic
I opened an account with Best Invest Australia (myratesaus.zip) for the past six months ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Stable platform|Educational resources
Cons: Minor UI glitches occasionally|Could offer more webinars
I have been trying to close my account with Best Invest Australia (myratesaus.zip) for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Detailed reporting|Risk management tools|Personal attention
Cons: None so far|No integrated tax optimization
I joined Best Invest Australia (myratesaus.zip) 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: Excellent charting|Risk management tools|Clear documentation|Multiple order types
Cons: Onboarding videos are outdated|Some tools only available on higher tiers
Best Invest Australia (myratesaus.zip) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Full transparency|Transparent fees|Fast support response
Cons: Withdrawal takes 1-2 business days
The platform at Best Invest Australia (myratesaus.zip) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for nearly two years of dealing with this, I have had enough.
Pros: Competitive fees|Market news feed
Cons: Minimum deposit could be lower
The reporting at Best Invest Australia (myratesaus.zip) 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: Quick verification|Clean UI
Cons: Limited demo account features
Where do I even begin with Best Invest Australia (myratesaus.zip)? for close to eighteen months of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Educational resources|Comprehensive tools|Great customer service
Cons: Limited cryptocurrency options
I had a dispute with Best Invest Australia (myratesaus.zip) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Educational resources|Full transparency|Multi-currency support
Cons: Some tools only available on higher tiers