Impersonation of Futu Securities (Australia) Ltd (pc.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: pc.fu-tuweb.com.
I experienced a security concern with my Impersonation of Futu Securities (Australia) Ltd (pc.fu-tuweb.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: Tax reports included|Real-time alerts
Cons: Withdrawal takes 1-2 business days|Wait times can be long during peak hours
Impersonation of Futu Securities (Australia) Ltd (pc.fu-tuweb.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: Regular updates|Tax reports included|Demo account available
Cons: No crypto staking|Nothing significant
What really bothers me about Impersonation of Futu Securities (Australia) Ltd (pc.fu-tuweb.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 my accountant's suggestion and I fell for the polished exterior. Never again.
Pros: Copy trading available|Smooth onboarding|Fast execution|Two-factor authentication
Cons: Research section could be deeper
The spread at Impersonation of Futu Securities (Australia) Ltd (pc.fu-tuweb.com) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after attending a webinar they hosted and initially thought the platform was good - until I started trading seriously.
Pros: Comprehensive tools|Educational resources|Low minimum deposit|Multi-device support
Cons: Slow to add new assets|Website design could be more modern
KYC with Impersonation of Futu Securities (Australia) Ltd (pc.fu-tuweb.com) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Fast deposits|Easy withdrawals|Quick verification
Cons: None so far
The hidden fees at Impersonation of Futu Securities (Australia) Ltd (pc.fu-tuweb.com) are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Clean UI|High security standards|Two-factor authentication
Cons: Desktop app not available on Linux|Mobile app could be improved
Impersonation of Futu Securities (Australia) Ltd (pc.fu-tuweb.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: Easy withdrawals|Economic calendar
Cons: Some tools only available on higher tiers
The onboarding at Impersonation of Futu Securities (Australia) Ltd (pc.fu-tuweb.com) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Professional team|Economic calendar|High security standards|Real-time alerts
Cons: No dark mode on mobile
Opened my account with Impersonation of Futu Securities (Australia) Ltd (pc.fu-tuweb.com) after my brother mentioned them 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: Multi-device support|Comprehensive tools|Dividend tracking|Intuitive for beginners
Cons: Search feature is basic
I wanted to transfer my portfolio from another broker to Impersonation of Futu Securities (Australia) Ltd (pc.fu-tuweb.com). They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Competitive fees|Fast execution|Full transparency|Regular updates
Cons: Would like more payment methods|No live chat on mobile