Impersonation of Omega Capital Pty Ltd (omega-cm.net) has been flagged by ASIC (Australia) for "Imposter". https://moneysmart.gov.au/check-and-report-scams/investor-alert-list#!impersonation-of-omega-capital-markets-omegacm-net--1732
Phones: 61399610513, 45 0 800 123 456
Addresses: Australia Fairlight; Toronto Ontario Greaves Ave Mississauga; 35A Boulevard Joseph II L-1840 Luxembourg 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.omega-cm.net.
I wanted to transfer my portfolio from another broker to Impersonation of Omega Capital Pty Ltd (omega-cm.net). 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|Risk management tools
Cons: Minimum deposit could be lower
I closed a profitable position at Impersonation of Omega Capital Pty Ltd (omega-cm.net) 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: Customizable dashboard|Fast deposits
Cons: Limited ETF selection|Spreads widen during volatile periods
Impersonation of Omega Capital Pty Ltd (omega-cm.net) 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: Demo account available|Copy trading available
Cons: Help articles are sometimes vague
Opened my account with Impersonation of Omega Capital Pty Ltd (omega-cm.net) through a forum discussion and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Educational resources|Portfolio tracking tools|Smooth onboarding|Dedicated account manager
Cons: No fractional shares
KYC with Impersonation of Omega Capital Pty Ltd (omega-cm.net) 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: Easy to use platform|Customizable dashboard
Cons: Cannot customize dashboard fully|No live chat on mobile
The so-called education at Impersonation of Omega Capital Pty Ltd (omega-cm.net) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted since mid-2025 thinking they would help me learn.
Pros: Stable platform|Good mobile app|Multiple order types|Excellent charting
Cons: Research section could be deeper