Impersonation of Compare Club Australia Pty Ltd (coparisonhealthaustralia.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: coparisonhealthaustralia.com.
After spending for the past six months trying to make Impersonation of Compare Club Australia Pty Ltd (coparisonhealthaustralia.com) work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Good mobile app|Smooth onboarding|Helpful community forum
Cons: Spreads widen during volatile periods
I experienced a security concern with my Impersonation of Compare Club Australia Pty Ltd (coparisonhealthaustralia.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: Good mobile app|Great customer service
Cons: Search feature is basic
I signed up with Impersonation of Compare Club Australia Pty Ltd (coparisonhealthaustralia.com) after a friend recommended them and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: API access|Portfolio tracking tools|Responsive team|Clear documentation
Cons: Currency conversion fee exists
Impersonation of Compare Club Australia Pty Ltd (coparisonhealthaustralia.com) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Wide product range|Easy withdrawals|Easy to use platform|Social trading features
Cons: Limited ETF selection|Account statements could be more detailed
My withdrawal request from Impersonation of Compare Club Australia Pty Ltd (coparisonhealthaustralia.com) has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Market news feed|Professional team|Easy withdrawals
Cons: No fractional shares
I lost a significant amount because Impersonation of Compare Club Australia Pty Ltd (coparisonhealthaustralia.com) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Regular platform improvements|Demo account available|Portfolio tracking tools|Economic calendar
Cons: Minimum deposit could be lower
Impersonation of Compare Club Australia Pty Ltd (coparisonhealthaustralia.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: Excellent charting|Fast support response|Automated trading options|Personal attention
Cons: Research section could be deeper
Impersonation of Compare Club Australia Pty Ltd (coparisonhealthaustralia.com) has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Quick verification|Dividend tracking
Cons: No fractional shares|None so far