Impersonation of IFM (Securities) Pty Ltd (ifmsecurities.com) has been flagged by ASIC (Australia) for "Imposter". Phones: 02 9260 7307, 02 6181 0760, 08 9468 5030
Addresses: The Rocks NSW 2000; 6 Brindabella Cct ACT 2609; 15-17 William Street 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.ifmsecurities.com.
I lost a significant amount because Impersonation of IFM (Securities) Pty Ltd (ifmsecurities.com) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Tax reports included|Responsive team|Fast support response
Cons: Search feature is basic
I have been trying to close my account with Impersonation of IFM (Securities) Pty Ltd (ifmsecurities.com) for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Market news feed|Regular updates|API access
Cons: Some tools only available on higher tiers
The hidden fees at Impersonation of IFM (Securities) Pty Ltd (ifmsecurities.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: Real-time alerts|Clean UI|Dividend tracking
Cons: Limited social trading features|No fractional shares
Impersonation of IFM (Securities) Pty Ltd (ifmsecurities.com) locked my account without warning and demanded documents I had already submitted. for a couple of months now later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Customizable dashboard|Social trading features|Tax reports included
Cons: Help articles are sometimes vague
Opened my account with Impersonation of IFM (Securities) Pty Ltd (ifmsecurities.com) from a blog post comparing services 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: Instant funding|Transparent fees
Cons: Research section could be deeper|No phone support on weekends
My card was charged twice by Impersonation of IFM (Securities) Pty Ltd (ifmsecurities.com) on the same day. I had to dispute it with my bank. Impersonation of IFM (Securities) Pty Ltd (ifmsecurities.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: Multi-currency support|API access|No hidden fees
Cons: Cannot customize dashboard fully|Email notifications too frequent
I trusted Impersonation of IFM (Securities) Pty Ltd (ifmsecurities.com) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Wide product range|Multi-currency support
Cons: Could offer more webinars
Impersonation of IFM (Securities) Pty Ltd (ifmsecurities.com) has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Good analytical tools|Multi-currency support|Risk management tools
Cons: Desktop app not available on Linux
Impersonation of IFM (Securities) Pty Ltd (ifmsecurities.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: API access|Good analytical tools
Cons: Help articles are sometimes vague