Impersonation of Sia Funds Management Pty Ltd (siaiba.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.siaiba.com.
The onboarding at Impersonation of Sia Funds Management Pty Ltd (siaiba.com) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Demo account available|Intuitive for beginners
Cons: No crypto staking
I had a dispute with Impersonation of Sia Funds Management Pty Ltd (siaiba.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: Clear documentation|High security standards|Personal attention|Social trading features
Cons: Inactivity fee applies after 12 months|Currency conversion fee exists
The reporting at Impersonation of Sia Funds Management Pty Ltd (siaiba.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.
Pros: Intuitive for beginners|Fast execution|Reliable uptime
Cons: Limited ETF selection
The hidden fees at Impersonation of Sia Funds Management Pty Ltd (siaiba.com) are the real scandal here. What they advertise and what they actually charge are two different things. By the time I realized how much I was paying in various fees and spreads, I had already lost a meaningful amount.
Pros: Multiple order types|Dividend tracking
Cons: Website design could be more modern
I closed a profitable position at Impersonation of Sia Funds Management Pty Ltd (siaiba.com) 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: Tax reports included|Multiple order types|High security standards
Cons: Limited ETF selection
I experienced a security concern with my Impersonation of Sia Funds Management Pty Ltd (siaiba.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.
Pros: Market news feed|Wide product range
Cons: Nothing significant|Charting tools need more indicators
I signed up with Impersonation of Sia Funds Management Pty Ltd (siaiba.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: Segregated accounts|Multi-currency support|Intuitive for beginners|Dividend tracking
Cons: No integrated tax optimization|Mobile app could be improved