Konallunoolira (konallunoolira.com) has been flagged by ASIC (Australia) for "Unlicensed". Phones: 61853154098
Addresses: Suite 903 / 241 Adelaide Street, Brisbane, QLD 4000 Australia This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: konallunoolira.com.
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. Konallunoolira (konallunoolira.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Good analytical tools|Easy to use platform
Cons: Withdrawal takes 1-2 business days|Spreads widen during volatile periods
Konallunoolira (konallunoolira.com) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Good analytical tools|Stable platform
Cons: Search feature is basic
KYC with Konallunoolira (konallunoolira.com) 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: Two-factor authentication|Transparent fees|Fast support response|Easy withdrawals
Cons: Currency conversion fee exists
Konallunoolira (konallunoolira.com) seems more interested in acquiring new customers than taking care of existing ones. The marketing is aggressive but the product is mediocre. Once you are past the honeymoon period, the cracks in their service become very apparent.
Pros: Intuitive for beginners|Fast support response|High security standards
Cons: None so far
I lost a significant amount because Konallunoolira (konallunoolira.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: Demo account available|Multi-device support|Reliable uptime|Transparent fees
Cons: Wish they had more educational resources|Search feature is basic
I requested my data from Konallunoolira (konallunoolira.com) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Excellent charting|Good mobile app
Cons: Account statements could be more detailed|Some tools only available on higher tiers
I found Konallunoolira (konallunoolira.com) based on a colleague's recommendation and the initial impression was positive. But for nearly two years 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: Intuitive for beginners|Personal attention|Clean UI|Low minimum deposit
Cons: No integrated tax optimization
I wanted to transfer my portfolio from another broker to Konallunoolira (konallunoolira.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: Fast support response|Wide product range|Market news feed
Cons: Limited ETF selection
After since early this year with Konallunoolira (konallunoolira.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: Detailed reporting|Good mobile app|Tax reports included
Cons: Charting tools need more indicators
I joined Konallunoolira (konallunoolira.com) from a blog post comparing services and from the start, things felt off. The signup process collected far more personal information than necessary, the verification took unreasonably long, and when I finally got access, the platform was nothing like what was advertised.
Pros: Competitive fees|Social trading features
Cons: Some tools only available on higher tiers|Charting tools need more indicators