Impersonation of International Capital Markets Pty. Ltd. (spacxtrade.com) has been flagged by ASIC (Australia) for "Imposter". Addresses: 831 Bering Way Suisun City California 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: spacxtrade.com.
I closed a profitable position at Impersonation of International Capital Markets Pty. Ltd. (spacxtrade.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: Quick verification|Personal attention
Cons: Limited cryptocurrency options
I opened an account with Impersonation of International Capital Markets Pty. Ltd. (spacxtrade.com) since mid-2025 ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Good analytical tools|Market news feed|Portfolio tracking tools|Comprehensive tools
Cons: Minor UI glitches occasionally|Account statements could be more detailed
My card was charged twice by Impersonation of International Capital Markets Pty. Ltd. (spacxtrade.com) on the same day. I had to dispute it with my bank. Impersonation of International Capital Markets Pty. Ltd. (spacxtrade.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: Excellent charting|Helpful community forum|Good mobile app|Regular platform improvements
Cons: Minor UI glitches occasionally
I wanted to transfer my portfolio from another broker to Impersonation of International Capital Markets Pty. Ltd. (spacxtrade.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: Regular platform improvements|Full transparency
Cons: Onboarding videos are outdated|No live chat on mobile
The reporting at Impersonation of International Capital Markets Pty. Ltd. (spacxtrade.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: Transparent fees|Intuitive for beginners|High security standards
Cons: No integrated tax optimization
I had high hopes for Impersonation of International Capital Markets Pty. Ltd. (spacxtrade.com) after seeing their ad online, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Personal attention|Regular platform improvements|Low minimum deposit
Cons: Spreads widen during volatile periods|Wish they had more educational resources
I referred a friend to Impersonation of International Capital Markets Pty. Ltd. (spacxtrade.com) after reading several online reviews. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Good analytical tools|Competitive fees|Regular platform improvements|Portfolio tracking tools
Cons: Alert system is basic|Live chat only during business hours
After since I opened my account last year with Impersonation of International Capital Markets Pty. Ltd. (spacxtrade.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: Dedicated account manager|High security standards
Cons: Spreads widen during volatile periods
Do not be fooled by the professional-looking website. Behind the scenes, Impersonation of International Capital Markets Pty. Ltd. (spacxtrade.com) is disorganized and incompetent. I found them through a financial advisor and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Fast execution|Risk management tools|API access|Personal attention
Cons: Wait times can be long during peak hours
The only good thing about Impersonation of International Capital Markets Pty. Ltd. (spacxtrade.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: Personal attention|Great customer service|Automated trading options
Cons: Withdrawal takes 1-2 business days