Impersonation of MC Kingsley Pty Ltd (mckingsleyltd.com) has been flagged by ASIC (Australia) for "Imposter". Phones: +61861860250
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: mckingsleyltd.com.
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 MC Kingsley Pty Ltd (mckingsleyltd.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Multi-currency support|Risk management tools|Regular updates|Good mobile app
Cons: Desktop app not available on Linux|Limited social trading features
I have been trying to close my account with Impersonation of MC Kingsley Pty Ltd (mckingsleyltd.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: Wide product range|Professional team|Regular updates
Cons: Alert system is basic|Account statements could be more detailed
After for about five months with Impersonation of MC Kingsley Pty Ltd (mckingsleyltd.com) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Regular platform improvements|Low minimum deposit|Automated trading options
Cons: Help articles are sometimes vague
The spread at Impersonation of MC Kingsley Pty Ltd (mckingsleyltd.com) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them from a blog post comparing services and initially thought the platform was good - until I started trading seriously.
Pros: Professional team|Segregated accounts|Wide product range|Multi-currency support
Cons: Onboarding videos are outdated|No integrated tax optimization
The platform itself is okay, but the customer service at Impersonation of MC Kingsley Pty Ltd (mckingsleyltd.com) is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Excellent charting|Educational resources
Cons: Some tools only available on higher tiers
Do not use Impersonation of MC Kingsley Pty Ltd (mckingsleyltd.com) for anything serious. I used them for about five 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: Regular updates|Instant funding|Regular platform improvements|Detailed reporting
Cons: Nothing significant
Impersonation of MC Kingsley Pty Ltd (mckingsleyltd.com) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: High security standards|Segregated accounts
Cons: None so far|Limited ETF selection