Forex Brokers

Impersonation of Money Cat Group Pty Ltd (moneycataustralia.com)

1.5 (14 reviews)
🇦🇺 Australia
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1.5
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About Impersonation of Money Cat Group Pty Ltd (moneycataustralia.com)

Impersonation of Money Cat Group Pty Ltd (moneycataustralia.com) has been flagged by ASIC (Australia) for "Imposter". Phones: 610272087903

Addresses: Level 12 77 Kings St NSW 2000 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.moneycataustralia.com.

Customer Reviews

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Research is copy-paste from elsewhere

E
Ethan L.
1 months ago

I lost a significant amount because Impersonation of Money Cat Group Pty Ltd (moneycataustralia.com) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.

Pros: No hidden fees|Demo account available

Cons: Account statements could be more detailed

Closure fee on top of everything

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Nathan E.
3 months ago

Impersonation of Money Cat Group Pty Ltd (moneycataustralia.com) locked my account without warning and demanded documents I had already submitted. for about eight months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.

Pros: Good mobile app|Detailed reporting|Customizable dashboard|Low minimum deposit

Cons: Inactivity fee applies after 12 months

They need a complete overhaul

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Richard F.
3 months ago

My card was charged twice by Impersonation of Money Cat Group Pty Ltd (moneycataustralia.com) on the same day. I had to dispute it with my bank. Impersonation of Money Cat Group Pty Ltd (moneycataustralia.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: Professional team|Low minimum deposit|Responsive team|Easy withdrawals

Cons: Withdrawal takes 1-2 business days|Limited ETF selection

A company that does not deserve your trust

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Vincent F.
3 months ago

The platform itself is okay, but the customer service at Impersonation of Money Cat Group Pty Ltd (moneycataustralia.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: Multiple order types|Economic calendar|Automated trading options|Regular platform improvements

Cons: Limited social trading features|Onboarding videos are outdated

They sell your data

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Alex D.
3 months ago

I have been trying to close my account with Impersonation of Money Cat Group Pty Ltd (moneycataustralia.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: Copy trading available|Reliable uptime|Fast execution

Cons: Website design could be more modern

A joke of a company

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Emma P.
4 months ago

Where do I even begin with Impersonation of Money Cat Group Pty Ltd (moneycataustralia.com)? for roughly four months 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: Customizable dashboard|Helpful community forum

Cons: Desktop app not available on Linux|Research section could be deeper

False advertising at its finest

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Monica G.
6 months ago

I signed up with Impersonation of Money Cat Group Pty Ltd (moneycataustralia.com) after attending a webinar they hosted 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: Professional team|Smooth onboarding|Great customer service|Economic calendar

Cons: Live chat only during business hours|No crypto staking

Web platform does not work on Safari

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Ella M.
7 months ago

The only good thing about Impersonation of Money Cat Group Pty Ltd (moneycataustralia.com) is that they remind you why regulation matters. I found them after reading several online reviews. 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: Transparent fees|Competitive fees

Cons: Limited demo account features

My trust has been shattered

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Patrick L.
8 months ago

Do not use Impersonation of Money Cat Group Pty Ltd (moneycataustralia.com) for anything serious. I used them since I retired last year 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: Good analytical tools|High security standards

Cons: Limited demo account features|Charting tools need more indicators

No ESG or ethical investing options

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Megan Z.
8 months ago

I am in a dispute with Impersonation of Money Cat Group Pty Ltd (moneycataustralia.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: Demo account available|Fast deposits|Educational resources|Dividend tracking

Cons: No integrated tax optimization|No live chat on mobile