Highmont Group (area.highmont-group.org) has been flagged by Australian Securities and Investments Commission for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The platform at Highmont Group (area.highmont-group.org) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for close to eighteen months of dealing with this, I have had enough.
Pros: Social trading features|Multi-device support
Cons: Limited social trading features|Nothing significant
Do not be fooled by the professional-looking website. Behind the scenes, Highmont Group (area.highmont-group.org) is disorganized and incompetent. I found them while looking for alternatives to my previous provider and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Educational resources|Multi-currency support|Dividend tracking
Cons: Onboarding videos are outdated
I had high hopes for Highmont Group (area.highmont-group.org) when my bank disappointed me and I searched for alternatives, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Full transparency|Multi-device support|Low minimum deposit
Cons: No live chat on mobile
The only good thing about Highmont Group (area.highmont-group.org) is that they remind you why regulation matters. I found them after comparing multiple platforms. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Easy to use platform|Demo account available|Intuitive for beginners|Fast execution
Cons: Minimum deposit could be lower|Slow to add new assets
I am in a dispute with Highmont Group (area.highmont-group.org) over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Easy to use platform|Tax reports included
Cons: Limited demo account features|Would like more payment methods
I requested my data from Highmont Group (area.highmont-group.org) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Educational resources|Wide product range
Cons: Minor UI glitches occasionally|Mobile app could be improved
I experienced a security concern with my Highmont Group (area.highmont-group.org) account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Personal attention|No hidden fees|Automated trading options|Stable platform
Cons: Wish they had more educational resources
The platform itself is okay, but the customer service at Highmont Group (area.highmont-group.org) is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Customizable dashboard|Dividend tracking
Cons: No phone support on weekends
I wanted to transfer my portfolio from another broker to Highmont Group (area.highmont-group.org). 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: Fast deposits|Dedicated account manager
Cons: Would like more payment methods|Website design could be more modern
I was about to invest with Highmont Group (area.highmont-group.org) but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Australian Securities and Investments Commission has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Unauthorized firm|Found in IOSCO warnings database