Impersonation of Managed Portfolio Services Limited (mymps.online) has been flagged by ASIC (Australia) for "Imposter". Phones: 61 37500 5150
Addresses: 818 Bourke Street Docklands VIC 3008 Australia This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: mymps.online.
Impersonation of Managed Portfolio Services Limited (mymps.online) 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: Risk management tools|Good analytical tools|Social trading features
Cons: Spreads widen during volatile periods
If you are reading this considering Impersonation of Managed Portfolio Services Limited (mymps.online) - run. I wish I had read more negative reviews through word of mouth in my investment club. I thought the positive ones were real. Maybe some are. My experience over for a couple of months now has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Demo account available|Social trading features|Segregated accounts|Dividend tracking
Cons: Cannot customize dashboard fully
Impersonation of Managed Portfolio Services Limited (mymps.online) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Clear documentation|Segregated accounts|Low minimum deposit|Multi-currency support
Cons: Account statements could be more detailed
KYC with Impersonation of Managed Portfolio Services Limited (mymps.online) 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: Tax reports included|Intuitive for beginners|Instant funding
Cons: Onboarding videos are outdated|Limited ETF selection
I closed a profitable position at Impersonation of Managed Portfolio Services Limited (mymps.online) 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: Transparent fees|Dedicated account manager|Regular updates
Cons: Currency conversion fee exists
I wanted to transfer my portfolio from another broker to Impersonation of Managed Portfolio Services Limited (mymps.online). 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: Portfolio tracking tools|Automated trading options|Great customer service|Low minimum deposit
Cons: Slow to add new assets
The mobile app from Impersonation of Managed Portfolio Services Limited (mymps.online) 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: Easy to use platform|Wide product range|Regular updates|Clear documentation
Cons: Limited ETF selection
I joined Impersonation of Managed Portfolio Services Limited (mymps.online) after a trusted YouTuber reviewed them and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Reliable uptime|Excellent charting|Fast support response|Fast execution
Cons: Wait times can be long during peak hours
The platform at Impersonation of Managed Portfolio Services Limited (mymps.online) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for a couple of months now of dealing with this, I have had enough.
Pros: Fast deposits|Full transparency|Easy to use platform|Regular platform improvements
Cons: Wait times can be long during peak hours|Desktop app not available on Linux
What really bothers me about Impersonation of Managed Portfolio Services Limited (mymps.online) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after my brother mentioned them and I fell for the polished exterior. Never again.
Pros: Smooth onboarding|Multi-device support
Cons: Research section could be deeper|Mobile app could be improved