Impersonation of ubank (ubankauth.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: ubankauth.com.
I opened an account with Impersonation of ubank (ubankauth.com) since last summer ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Economic calendar|Competitive fees|Responsive team
Cons: No crypto staking|Mobile app could be improved
After since the beginning of the year with Impersonation of ubank (ubankauth.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: Regular updates|Multiple order types|No hidden fees|Instant funding
Cons: Withdrawal takes 1-2 business days|None so far
Do not be fooled by the professional-looking website. Behind the scenes, Impersonation of ubank (ubankauth.com) is disorganized and incompetent. I found them after a family member had a good experience and I can only assume the positive reviews are either outdated or paid for because my experience was terrible.
Pros: API access|Social trading features|Helpful community forum|Segregated accounts
Cons: No phone support on weekends
The mobile app from Impersonation of ubank (ubankauth.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.
Pros: Risk management tools|Good mobile app|Reliable uptime|Fast execution
Cons: Help articles are sometimes vague
I wanted to transfer my portfolio from another broker to Impersonation of ubank (ubankauth.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: Wide product range|Fast support response
Cons: Limited ETF selection