Impersonation of Futu Securities (Australia) Ltd (fu-tuweb.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: fu-tuweb.com.
After since I retired last year with Impersonation of Futu Securities (Australia) Ltd (fu-tuweb.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: Professional team|Multi-currency support
Cons: Currency conversion fee exists|Limited ETF selection
Impersonation of Futu Securities (Australia) Ltd (fu-tuweb.com) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Instant funding|Professional team|Comprehensive tools|No hidden fees
Cons: Inactivity fee applies after 12 months
The only good thing about Impersonation of Futu Securities (Australia) Ltd (fu-tuweb.com) is that they remind you why regulation matters. I found them from a review site like this one. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: API access|Real-time alerts|Two-factor authentication
Cons: Withdrawal takes 1-2 business days|Wait times can be long during peak hours
I gave Impersonation of Futu Securities (Australia) Ltd (fu-tuweb.com) a fair chance. After since I opened my account last year 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: High security standards|Competitive fees|Dividend tracking
Cons: Mobile app could be improved
Opened my account with Impersonation of Futu Securities (Australia) Ltd (fu-tuweb.com) while looking for alternatives to my previous provider 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: Portfolio tracking tools|Tax reports included|Regular updates
Cons: No integrated tax optimization|Limited cryptocurrency options
The mobile app from Impersonation of Futu Securities (Australia) Ltd (fu-tuweb.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: Multi-currency support|Fast deposits
Cons: No phone support on weekends
The reporting at Impersonation of Futu Securities (Australia) Ltd (fu-tuweb.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: Fast execution|Risk management tools
Cons: None so far|No phone support on weekends
The so-called education at Impersonation of Futu Securities (Australia) Ltd (fu-tuweb.com) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for about five months thinking they would help me learn.
Pros: Segregated accounts|High security standards|Intuitive for beginners
Cons: Inactivity fee applies after 12 months