Impersonation of Monaxa AU Pty Ltd (passiveincomecore.com) has been flagged by ASIC (Australia) for "Imposter". 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.passiveincomecore.com.
The spread at Impersonation of Monaxa AU Pty Ltd (passiveincomecore.com) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after doing extensive research and initially thought the platform was good - until I started trading seriously.
Pros: Multiple order types|Reliable uptime|Fast execution
Cons: Limited cryptocurrency options
Impersonation of Monaxa AU Pty Ltd (passiveincomecore.com) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Portfolio tracking tools|Demo account available
Cons: Desktop app not available on Linux
I wanted to transfer my portfolio from another broker to Impersonation of Monaxa AU Pty Ltd (passiveincomecore.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: Intuitive for beginners|Fast support response|Fast deposits
Cons: Onboarding videos are outdated
After for over a year with Impersonation of Monaxa AU Pty Ltd (passiveincomecore.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: Demo account available|Competitive fees
Cons: No dark mode on mobile
If you are reading this considering Impersonation of Monaxa AU Pty Ltd (passiveincomecore.com) - run. I wish I had read more negative reviews after my brother mentioned them. I thought the positive ones were real. Maybe some are. My experience over for the past year and a half has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Clear documentation|Segregated accounts|Social trading features|Fast execution
Cons: Inactivity fee applies after 12 months|No live chat on mobile
Where do I even begin with Impersonation of Monaxa AU Pty Ltd (passiveincomecore.com)? for a few weeks now of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Social trading features|Economic calendar|API access
Cons: Email notifications too frequent
I signed up with Impersonation of Monaxa AU Pty Ltd (passiveincomecore.com) through a financial advisor and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Tax reports included|Segregated accounts|Professional team
Cons: Account statements could be more detailed
Impersonation of Monaxa AU Pty Ltd (passiveincomecore.com) has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Multi-device support|Demo account available|Instant funding
Cons: Currency conversion fee exists
I had a dispute with Impersonation of Monaxa AU Pty Ltd (passiveincomecore.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: Risk management tools|Regular updates
Cons: Website design could be more modern|Wish they had more educational resources
I found Impersonation of Monaxa AU Pty Ltd (passiveincomecore.com) after a family member had a good experience and the initial impression was positive. But for roughly four months 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: Fast execution|Clean UI|Fast support response
Cons: No phone support on weekends