Fysobeck investment (fysobec.net) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: Australia Square, Level 33/264 George St, Sydney NSW 2000, Australia This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: fysobec.net.
The mobile app from Fysobeck investment (fysobec.net) 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: Dividend tracking|Multiple order types|Comprehensive tools
Cons: No live chat on mobile|Limited social trading features
I wanted to transfer my portfolio from another broker to Fysobeck investment (fysobec.net). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Professional team|Easy withdrawals|Portfolio tracking tools
Cons: Currency conversion fee exists
What really bothers me about Fysobeck investment (fysobec.net) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them through word of mouth in my investment club and I fell for the polished exterior. Never again.
Pros: Good mobile app|Multi-currency support|Great customer service
Cons: No phone support on weekends|No live chat on mobile
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. Fysobeck investment (fysobec.net) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Demo account available|Stable platform
Cons: Could offer more webinars|Alert system is basic