Impersonation of Select Wealth Management Pty Ltd (selectwealthmanagementpty.com)

I wanted to transfer my portfolio from another broker to Impersonation of Select Wealth Management Pty Ltd (selectwealthmanagementpty.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.

I experienced a security concern with my Impersonation of Select Wealth Management Pty Ltd (selectwealthmanagementpty.com) account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.

My card was charged twice by Impersonation of Select Wealth Management Pty Ltd (selectwealthmanagementpty.com) on the same day. I had to dispute it with my bank. Impersonation of Select Wealth Management Pty Ltd (selectwealthmanagementpty.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.

I trusted Impersonation of Select Wealth Management Pty Ltd (selectwealthmanagementpty.com) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.

The mobile app from Impersonation of Select Wealth Management Pty Ltd (selectwealthmanagementpty.com) is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.

The reporting at Impersonation of Select Wealth Management Pty Ltd (selectwealthmanagementpty.com) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.

The only good thing about Impersonation of Select Wealth Management Pty Ltd (selectwealthmanagementpty.com) is that they remind you why regulation matters. I found them through word of mouth in my investment club. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.

After spending for the past six months trying to make Impersonation of Select Wealth Management Pty Ltd (selectwealthmanagementpty.com) work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.

The spread at Impersonation of Select Wealth Management Pty Ltd (selectwealthmanagementpty.com) is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them through my accountant's suggestion and initially thought the platform was good - until I started trading seriously.

I referred a friend to Impersonation of Select Wealth Management Pty Ltd (selectwealthmanagementpty.com) after seeing their ad online. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.