Impersonation of Diamond Trade Services Pty Ltd (diamond-trades.com) has been flagged by ASIC (Australia) for "Imposter". Addresses: 5272 76 Merrylands New South Wales 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: diamond-trades.com.
Impersonation of Diamond Trade Services Pty Ltd (diamond-trades.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: API access|Competitive fees|Demo account available
Cons: Mobile app could be improved|Limited ETF selection
I closed a profitable position at Impersonation of Diamond Trade Services Pty Ltd (diamond-trades.com) and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Clean UI|Social trading features
Cons: Would like more payment methods|Wish they had more educational resources
The mobile app from Impersonation of Diamond Trade Services Pty Ltd (diamond-trades.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: Professional team|Wide product range|Educational resources|Easy withdrawals
Cons: Limited demo account features
Customer support at Impersonation of Diamond Trade Services Pty Ltd (diamond-trades.com) seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: Fast deposits|Detailed reporting|No hidden fees
Cons: Would like more payment methods|Minimum deposit could be lower
My withdrawal from Impersonation of Diamond Trade Services Pty Ltd (diamond-trades.com) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. since mid-2025 of being strung along.
Pros: Fast deposits|Multi-device support|Detailed reporting
Cons: Search feature is basic
After spending for the past six months trying to make Impersonation of Diamond Trade Services Pty Ltd (diamond-trades.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: Two-factor authentication|Smooth onboarding|Easy to use platform|Fast deposits
Cons: Charting tools need more indicators|No dark mode 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. Impersonation of Diamond Trade Services Pty Ltd (diamond-trades.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Good mobile app|API access|Responsive team|Tax reports included
Cons: Email notifications too frequent|Alert system is basic
My withdrawal request from Impersonation of Diamond Trade Services Pty Ltd (diamond-trades.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: Comprehensive tools|Transparent fees|Competitive fees|Responsive team
Cons: No fractional shares|Alert system is basic
Where do I even begin with Impersonation of Diamond Trade Services Pty Ltd (diamond-trades.com)? for the past six 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: Easy withdrawals|Intuitive for beginners|Personal attention|Regular platform improvements
Cons: Withdrawal takes 1-2 business days|Search feature is basic
The spread at Impersonation of Diamond Trade Services Pty Ltd (diamond-trades.com) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them from a blog post comparing services and initially thought the platform was good - until I started trading seriously.
Pros: Economic calendar|Educational resources
Cons: Withdrawal takes 1-2 business days