Impersonation of Prima Investments Pty Ltd (proglobalgroup.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: proglobalgroup.com.
I wanted to transfer my portfolio from another broker to Impersonation of Prima Investments Pty Ltd (proglobalgroup.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: Full transparency|Reliable uptime|Great customer service
Cons: No integrated tax optimization
My withdrawal request from Impersonation of Prima Investments Pty Ltd (proglobalgroup.com) has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Multi-device support|High security standards|Smooth onboarding
Cons: Mobile app could be improved
Impersonation of Prima Investments Pty Ltd (proglobalgroup.com) locked my account without warning and demanded documents I had already submitted. for the past year and a half later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Multi-device support|Tax reports included
Cons: No phone support on weekends
My card was charged twice by Impersonation of Prima Investments Pty Ltd (proglobalgroup.com) on the same day. I had to dispute it with my bank. Impersonation of Prima Investments Pty Ltd (proglobalgroup.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: No hidden fees|Multi-device support|Transparent fees
Cons: No dark mode on mobile|Limited demo account features
What really bothers me about Impersonation of Prima Investments Pty Ltd (proglobalgroup.com) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them through a forum discussion and I fell for the polished exterior. Never again.
Pros: Portfolio tracking tools|Tax reports included|Wide product range|Great customer service
Cons: No fractional shares|Cannot customize dashboard fully
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 Prima Investments Pty Ltd (proglobalgroup.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Segregated accounts|Multi-device support
Cons: Minor UI glitches occasionally|Help articles are sometimes vague
The spread at Impersonation of Prima Investments Pty Ltd (proglobalgroup.com) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them while looking for alternatives to my previous provider and initially thought the platform was good - until I started trading seriously.
Pros: Copy trading available|Customizable dashboard
Cons: Limited social trading features|Minimum deposit could be lower