Forex Brokers

Impersonation of Mainriver Holdings Pty Ltd (mainriverltd.com)

1.7 (13 reviews)
🇦🇺 Australia
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1.7
13 reviews
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About Impersonation of Mainriver Holdings Pty Ltd (mainriverltd.com)

Impersonation of Mainriver Holdings Pty Ltd (mainriverltd.com) has been flagged by ASIC (Australia) for "Imposter". Phones: 61861861606

Addresses: 1 William Street Perth 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: mainriverltd.com.

Customer Reviews

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Does not even meet basic standards

K
Karen J.
3 days ago

Impersonation of Mainriver Holdings Pty Ltd (mainriverltd.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: API access|Responsive team|Market news feed|Multiple order types

Cons: Desktop app not available on Linux|Account statements could be more detailed

Spam emails after unsubscribing

E
Edward F.
2 months ago

I trusted Impersonation of Mainriver Holdings Pty Ltd (mainriverltd.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: Educational resources|Personal attention

Cons: Account statements could be more detailed|Spreads widen during volatile periods

False promises and poor execution

R
Richard Y.
3 months ago

I am in a dispute with Impersonation of Mainriver Holdings Pty Ltd (mainriverltd.com) over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.

Pros: Fast execution|Comprehensive tools

Cons: Cannot customize dashboard fully

Amateur hour at Impersonation of Mainriver Holdings Pty Ltd (mainriverltd.com)

G
Grace E.
3 months ago

Do not use Impersonation of Mainriver Holdings Pty Ltd (mainriverltd.com) for anything serious. I used them for about eight months 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|Automated trading options

Cons: Website design could be more modern|Alert system is basic

Beyond repair at this point

T
Thomas I.
3 months ago

The onboarding at Impersonation of Mainriver Holdings Pty Ltd (mainriverltd.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: Intuitive for beginners|Multi-device support|Automated trading options|Fast execution

Cons: No phone support on weekends|Alert system is basic

Disappointing experience overall

J
Jake C.
3 months ago

I found Impersonation of Mainriver Holdings Pty Ltd (mainriverltd.com) after seeing their ad online and the initial impression was positive. But for the past year and a half later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.

Pros: Easy to use platform|Stable platform|Low minimum deposit

Cons: Email notifications too frequent|Help articles are sometimes vague

Signal service was a scam

C
Christina P.
3 months ago

Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Impersonation of Mainriver Holdings Pty Ltd (mainriverltd.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.

Pros: Segregated accounts|Dividend tracking

Cons: Some tools only available on higher tiers|Charting tools need more indicators

Regulator has warned about them

Z
Zoe K.
4 months ago

The hidden fees at Impersonation of Mainriver Holdings Pty Ltd (mainriverltd.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: Stable platform|Wide product range|Social trading features|Fast execution

Cons: Spreads widen during volatile periods

Unresponsive and unhelpful

D
Derek M.
8 months ago

My withdrawal from Impersonation of Mainriver Holdings Pty Ltd (mainriverltd.com) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for over three years of being strung along.

Pros: Easy to use platform|Competitive fees|Comprehensive tools

Cons: Inactivity fee applies after 12 months

Dealing desk manipulation

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Leah H.
9 months ago

I had a dispute with Impersonation of Mainriver Holdings Pty Ltd (mainriverltd.com) and went to their complaints process. They have an internal team that just defends the company. Then they said I could go to an ombudsman - but the ombudsman they use is industry-funded and rarely rules for the client. The system is rigged.

Pros: Smooth onboarding|Good mobile app|Regular platform improvements

Cons: Desktop app not available on Linux|Search feature is basic