Impersonation of Foster West Securities Pty Ltd (fosterwest.com) has been flagged by ASIC (Australia) for "Imposter". Phones: 08 6555 7036
Addresses: 44 St Georges Terrace St Martins Tower Perth WA 6000 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.fosterwestsecurities.com.
I found Impersonation of Foster West Securities Pty Ltd (fosterwest.com) while looking for alternatives to my previous provider and the initial impression was positive. But for about five months later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Automated trading options|Real-time alerts|Detailed reporting|Responsive team
Cons: Limited demo account features
I had a dispute with Impersonation of Foster West Securities Pty Ltd (fosterwest.com) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.
Pros: Social trading features|Smooth onboarding
Cons: Website design could be more modern
I gave Impersonation of Foster West Securities Pty Ltd (fosterwest.com) a fair chance. After for about three months of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Instant funding|Easy withdrawals|Regular updates|Multiple order types
Cons: Limited social trading features
If you are reading this considering Impersonation of Foster West Securities Pty Ltd (fosterwest.com) - run. I wish I had read more negative reviews based on a colleague's recommendation. I thought the positive ones were real. Maybe some are. My experience over for a few weeks now has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Clear documentation|Customizable dashboard
Cons: No fractional shares|Search feature is basic
Where do I even begin with Impersonation of Foster West Securities Pty Ltd (fosterwest.com)? for just over a year 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: Clear documentation|Comprehensive tools|Fast execution|Regular updates
Cons: Limited cryptocurrency options
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Impersonation of Foster West Securities Pty Ltd (fosterwest.com) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Helpful community forum|Fast support response|Intuitive for beginners|Instant funding
Cons: Limited demo account features|Withdrawal takes 1-2 business days
After for just over a year with Impersonation of Foster West Securities Pty Ltd (fosterwest.com) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: High security standards|Clear documentation|Fast support response|Demo account available
Cons: Inactivity fee applies after 12 months
Impersonation of Foster West Securities Pty Ltd (fosterwest.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: Good analytical tools|Instant funding
Cons: Limited social trading features
My card was charged twice by Impersonation of Foster West Securities Pty Ltd (fosterwest.com) on the same day. I had to dispute it with my bank. Impersonation of Foster West Securities Pty Ltd (fosterwest.com) then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: High security standards|Automated trading options
Cons: Could offer more webinars
I experienced a security concern with my Impersonation of Foster West Securities Pty Ltd (fosterwest.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: Excellent charting|Economic calendar|Good analytical tools
Cons: Research section could be deeper|Could offer more webinars