Compare Fixed Bonds (comparefixedbonds.com) has been flagged by ASIC (Australia) for "Unlicensed". ASIC Investor Alerts https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!bond-rate-compare-compare-bond-rates-com--2764, https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!bond-rate-finder-bondratefinder-com--2241, https://moneysmart.gov.au/check-and-report-sc... 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.comparefixedbonds.com.
KYC with Compare Fixed Bonds (comparefixedbonds.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: Instant funding|Wide product range|Demo account available|Great customer service
Cons: Currency conversion fee exists|Wish they had more educational resources
Compare Fixed Bonds (comparefixedbonds.com) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Transparent fees|Stable platform|Reliable uptime|Competitive fees
Cons: Account statements could be more detailed
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Compare Fixed Bonds (comparefixedbonds.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Professional team|Good mobile app|Intuitive for beginners|Transparent fees
Cons: Limited cryptocurrency options
Compare Fixed Bonds (comparefixedbonds.com) locked my account without warning and demanded documents I had already submitted. since early this year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Tax reports included|No hidden fees|Comprehensive tools
Cons: No crypto staking|Account statements could be more detailed
After spending for nearly two years trying to make Compare Fixed Bonds (comparefixedbonds.com) work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Portfolio tracking tools|Reliable uptime
Cons: Mobile app could be improved|Help articles are sometimes vague