Impersonation of International Capital Markets Pty Ltd and DJA Capital Pty Ltd (fundedspots.com) has been flagged by ASIC (Australia) for "Imposter". ASIC Investor Alert https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!impersonation-of-international-capital-markets-pty-ltd-and-dja-capital-pty-ltd-stockspheredaytradingint-com--2342
Addresses: 831 Bering Way Suisun City California (CA) 94585 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.fundedspots.com.
The mobile app from Impersonation of International Capital Markets Pty Ltd and DJA Capital Pty Ltd (fundedspots.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: Comprehensive tools|Good analytical tools
Cons: Email notifications too frequent
I closed a profitable position at Impersonation of International Capital Markets Pty Ltd and DJA Capital Pty Ltd (fundedspots.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: Stable platform|Personal attention|Demo account available|Multi-currency support
Cons: No live chat on mobile|Minimum deposit could be lower
Impersonation of International Capital Markets Pty Ltd and DJA Capital Pty Ltd (fundedspots.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: Multi-device support|Multi-currency support|Clear documentation
Cons: None so far|Limited cryptocurrency options
Do not use Impersonation of International Capital Markets Pty Ltd and DJA Capital Pty Ltd (fundedspots.com) for anything serious. I used them for a few weeks now for small trades and it was okay. When I deposited a larger amount and traded more, my account was flagged, my withdrawals were delayed, and I was asked to explain my trading. They treat active traders like criminals.
Pros: API access|Responsive team|Copy trading available|Full transparency
Cons: Onboarding videos are outdated|Account statements could be more detailed
The so-called education at Impersonation of International Capital Markets Pty Ltd and DJA Capital Pty Ltd (fundedspots.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 since the beginning of the year thinking they would help me learn.
Pros: API access|Dedicated account manager|Tax reports included|High security standards
Cons: Minimum deposit could be lower
If you are reading this considering Impersonation of International Capital Markets Pty Ltd and DJA Capital Pty Ltd (fundedspots.com) - run. I wish I had read more negative reviews through my accountant's suggestion. I thought the positive ones were real. Maybe some are. My experience over for about ten months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Multiple order types|Demo account available
Cons: Limited cryptocurrency options
The only good thing about Impersonation of International Capital Markets Pty Ltd and DJA Capital Pty Ltd (fundedspots.com) is that they remind you why regulation matters. I found them after seeing their ad online. 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: Clean UI|Tax reports included|Full transparency
Cons: Nothing significant|Website design could be more modern
Impersonation of International Capital Markets Pty Ltd and DJA Capital Pty Ltd (fundedspots.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: Quick verification|Intuitive for beginners|Comprehensive tools|Portfolio tracking tools
Cons: No dark mode on mobile
Do not be fooled by the professional-looking website. Behind the scenes, Impersonation of International Capital Markets Pty Ltd and DJA Capital Pty Ltd (fundedspots.com) is disorganized and incompetent. I found them after comparing multiple platforms and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Excellent charting|Good analytical tools|Customizable dashboard
Cons: Search feature is basic|No integrated tax optimization
I gave Impersonation of International Capital Markets Pty Ltd and DJA Capital Pty Ltd (fundedspots.com) a fair chance. After for over three years 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: API access|Responsive team|Good analytical tools
Cons: Live chat only during business hours|Limited cryptocurrency options