Fairfield Birch (fabigroup.com) has been flagged by ASIC (Australia) for "Unlicensed". https://www.sfc.hk/en/alert-list/2908
Addresses: Berkshire House (DCH Commercial Centre) 25 Westlands Road Quarry Bay Hong Kong This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: fabigroup.com.
Fairfield Birch (fabigroup.com) 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: Regular updates|Copy trading available
Cons: Mobile app could be improved
KYC with Fairfield Birch (fabigroup.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: Copy trading available|High security standards|No hidden fees
Cons: Wait times can be long during peak hours