MyCurrencyExpert (mycurrencyexpert.com) has been flagged by Australian Securities and Investments Commission for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I wanted to transfer my portfolio from another broker to MyCurrencyExpert (mycurrencyexpert.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 deposits|Portfolio tracking tools|Wide product range|Segregated accounts
Cons: Alert system is basic|Wish they had more educational resources
Where do I even begin with MyCurrencyExpert (mycurrencyexpert.com)? for over a year of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Great customer service|Portfolio tracking tools|Tax reports included
Cons: Desktop app not available on Linux