Impersonation of St. Michael's Financial Services Pty Ltd (stmichaels.financial) has been flagged by ASIC (Australia) for "Imposter". Phones: 1300 041 044, 61 8 7666 0779
Addresses: Westcentre 1260 Hay Street West Perth WA 6005 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.stmichaels.financial.
Impersonation of St. Michael's Financial Services Pty Ltd (stmichaels.financial) locked my account without warning and demanded documents I had already submitted. for over a year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Fast support response|Two-factor authentication|Segregated accounts|Full transparency
Cons: Account statements could be more detailed|Inactivity fee applies after 12 months
Do not be fooled by the professional-looking website. Behind the scenes, Impersonation of St. Michael's Financial Services Pty Ltd (stmichaels.financial) is disorganized and incompetent. I found them through word of mouth in my investment club and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: Tax reports included|Low minimum deposit
Cons: Could offer more webinars|Currency conversion fee exists
I experienced a security concern with my Impersonation of St. Michael's Financial Services Pty Ltd (stmichaels.financial) 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: Intuitive for beginners|Automated trading options|Multiple order types
Cons: No fractional shares|Limited cryptocurrency options
Impersonation of St. Michael's Financial Services Pty Ltd (stmichaels.financial) has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Reliable uptime|Multi-device support|Regular platform improvements|API access
Cons: Some tools only available on higher tiers
KYC with Impersonation of St. Michael's Financial Services Pty Ltd (stmichaels.financial) 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: Smooth onboarding|Full transparency|API access|Helpful community forum
Cons: Desktop app not available on Linux|Research section could be deeper