Defi Master (Imposter) has been flagged by Financial Markets Authority for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Several red flags with Defi Master (Imposter): (1) They promise unrealistically high returns, (2) They're not registered with Financial Markets Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Unauthorized firm|Found in IOSCO warnings database
The spread at Defi Master (Imposter) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after a trusted YouTuber reviewed them and initially thought the platform was good - until I started trading seriously.
Pros: Regular updates|Fast deposits|Reliable uptime|Transparent fees
Cons: Cannot customize dashboard fully|Research section could be deeper
Customer support at Defi Master (Imposter) seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Transparent fees|Low minimum deposit|Regular platform improvements|Social trading features
Cons: Search feature is basic
After using Defi Master (Imposter) for about three months, I decided to move my account elsewhere. The platform was unreliable, withdrawals took an unreasonable amount of time, and I could never get a straight answer from customer service. Frustrating experience overall.
Pros: Competitive fees|Educational resources|Personal attention|Easy to use platform
Cons: Website design could be more modern|Desktop app not available on Linux
After doing some research AFTER the fact (I know, I should have done this first), I discovered that Defi Master (Imposter) is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
I trusted Defi Master (Imposter) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Multiple order types|API access|Clear documentation|Reliable uptime
Cons: Research section could be deeper|Inactivity fee applies after 12 months
The mobile app from Defi Master (Imposter) is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Multi-currency support|Market news feed|Low minimum deposit|Risk management tools
Cons: Limited social trading features