Impersonation of Spring Street Asset Management Ltd (springstreet-aus.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: springstreet-aus.com.
I found Impersonation of Spring Street Asset Management Ltd (springstreet-aus.com) after a friend recommended them and the initial impression was positive. But since I retired last year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Responsive team|Multiple order types
Cons: Limited social trading features|Search feature is basic
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Impersonation of Spring Street Asset Management Ltd (springstreet-aus.com) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Clear documentation|Clean UI|Quick verification|Two-factor authentication
Cons: Slow to add new assets|No fractional shares
After for a couple of months now with Impersonation of Spring Street Asset Management Ltd (springstreet-aus.com) I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: API access|Transparent fees|Risk management tools
Cons: Minimum deposit could be lower|No dark mode on mobile
I experienced a security concern with my Impersonation of Spring Street Asset Management Ltd (springstreet-aus.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: Copy trading available|Portfolio tracking tools|Instant funding|Social trading features
Cons: Limited demo account features
The so-called education at Impersonation of Spring Street Asset Management Ltd (springstreet-aus.com) 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 for roughly four months thinking they would help me learn.
Pros: Low minimum deposit|Educational resources|Stable platform
Cons: Website design could be more modern|No fractional shares
I lost a significant amount because Impersonation of Spring Street Asset Management Ltd (springstreet-aus.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: Quick verification|Copy trading available
Cons: Nothing significant