Impersonation of Desmond & Co. Pty Ltd (desmondtopfx.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: desmondtopfx.com.
Impersonation of Desmond & Co. Pty Ltd (desmondtopfx.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: Good mobile app|Multi-currency support|Excellent charting
Cons: Limited cryptocurrency options
What really bothers me about Impersonation of Desmond & Co. Pty Ltd (desmondtopfx.com) 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: Demo account available|API access|Comprehensive tools|Copy trading available
Cons: Research section could be deeper
I requested my data from Impersonation of Desmond & Co. Pty Ltd (desmondtopfx.com) 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: Social trading features|Stable platform|Instant funding|Smooth onboarding
Cons: Some tools only available on higher tiers|Desktop app not available on Linux
After for a couple of months now with Impersonation of Desmond & Co. Pty Ltd (desmondtopfx.com), I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Smooth onboarding|Responsive team|Stable platform|Comprehensive tools
Cons: Currency conversion fee exists
If you are reading this considering Impersonation of Desmond & Co. Pty Ltd (desmondtopfx.com) - run. I wish I had read more negative reviews after a friend recommended them. I thought the positive ones were real. Maybe some are. My experience over for a couple of months now has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Excellent charting|Smooth onboarding
Cons: No crypto staking|Currency conversion fee exists
Do not use Impersonation of Desmond & Co. Pty Ltd (desmondtopfx.com) for anything serious. I used them for nearly two years for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: Regular updates|Intuitive for beginners|Market news feed|Personal attention
Cons: Nothing significant
Impersonation of Desmond & Co. Pty Ltd (desmondtopfx.com) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Multi-currency support|Easy withdrawals|Wide product range|High security standards
Cons: Email notifications too frequent|Alert system is basic