Forex Brokers

Impersonation of Colonial First State Investments Limited (am-cfs.com and cfs-clientportal.com)

1.4 (10 reviews)
🇦🇺 Australia
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1.4
10 reviews
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About Impersonation of Colonial First State Investments Limited (am-cfs.com and cfs-clientportal.com)

Impersonation of Colonial First State Investments Limited (am-cfs.com and cfs-clientportal.com) has been flagged by ASIC (Australia) for "Imposter". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: am-cfs.com.

Customer Reviews

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They upsell insurance you do not need

C
Caleb M.
3 weeks ago

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. Impersonation of Colonial First State Investments Limited (am-cfs.com and cfs-clientportal.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.

Pros: Intuitive for beginners|Automated trading options|Professional team|Transparent fees

Cons: Wish they had more educational resources|Charting tools need more indicators

Would not recommend to others

J
Joel B.
2 months ago

I have been trying to close my account with Impersonation of Colonial First State Investments Limited (am-cfs.com and cfs-clientportal.com) for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.

Pros: Segregated accounts|Stable platform

Cons: Account statements could be more detailed

My worst experience with a financial platform

T
Trevor S.
2 months ago

The mobile app from Impersonation of Colonial First State Investments Limited (am-cfs.com and cfs-clientportal.com) 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: Good mobile app|High security standards|Two-factor authentication|Economic calendar

Cons: Desktop app not available on Linux|No crypto staking

Currency margin requirements unclear

M
Melody I.
3 months ago

I experienced a security concern with my Impersonation of Colonial First State Investments Limited (am-cfs.com and cfs-clientportal.com) 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: Multi-currency support|Two-factor authentication|Segregated accounts|Real-time alerts

Cons: Email notifications too frequent

Customer service does not exist

S
Simon I.
4 months ago

I referred a friend to Impersonation of Colonial First State Investments Limited (am-cfs.com and cfs-clientportal.com) through word of mouth in my investment club. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.

Pros: Economic calendar|Intuitive for beginners|Detailed reporting|Multi-currency support

Cons: Limited social trading features|Email notifications too frequent

Estate planning support zero

J
James O.
5 months ago

Where do I even begin with Impersonation of Colonial First State Investments Limited (am-cfs.com and cfs-clientportal.com)? for roughly four months of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.

Pros: Demo account available|Detailed reporting

Cons: Currency conversion fee exists|Cannot customize dashboard fully

The opposite of what they advertise

J
Joel T.
6 months ago

The spread at Impersonation of Colonial First State Investments Limited (am-cfs.com and cfs-clientportal.com) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them based on a colleague's recommendation and initially thought the platform was good - until I started trading seriously.

Pros: Clear documentation|Easy withdrawals|Fast support response|API access

Cons: Wait times can be long during peak hours

Account restricted after profit

W
Wyatt T.
7 months ago

The reporting at Impersonation of Colonial First State Investments Limited (am-cfs.com and cfs-clientportal.com) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.

Pros: Great customer service|Portfolio tracking tools

Cons: Could offer more webinars

Research is copy-paste from elsewhere

A
Andrew L.
8 months ago

I am in a dispute with Impersonation of Colonial First State Investments Limited (am-cfs.com and cfs-clientportal.com) 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: Regular platform improvements|Two-factor authentication|Excellent charting

Cons: Live chat only during business hours|Nothing significant

Rip-off dressed as a service

S
Seth X.
11 months ago

Opened my account with Impersonation of Colonial First State Investments Limited (am-cfs.com and cfs-clientportal.com) through my accountant's suggestion and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.

Pros: Clear documentation|Economic calendar|No hidden fees

Cons: Could offer more webinars|Nothing significant