Safe Hands (Imposter) has been flagged by Financial Markets Authority for "Registered/Licensed entity impersonators|Fraud and Other Types of Misconduct". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
My withdrawal from Safe Hands (Imposter) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for over three years of being strung along.
Pros: Easy to use platform|No hidden fees
Cons: Inactivity fee applies after 12 months
After for nearly two years with Safe Hands (Imposter), I can only describe the experience as death by a thousand cuts. No single issue was catastrophic, but the constant stream of small problems, slow responses, and missing features wore me down until I finally left.
Pros: Full transparency|Responsive team
Cons: Limited cryptocurrency options
Safe Hands (Imposter) offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Full transparency|Great customer service
Cons: Limited demo account features|Minimum deposit could be lower
My card was charged twice by Safe Hands (Imposter) on the same day. I had to dispute it with my bank. Safe Hands (Imposter) then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Responsive team|Social trading features
Cons: Email notifications too frequent
I was about to invest with Safe Hands (Imposter) but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Markets Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Pros: Information is publicly available for verification
Cons: Flagged by international regulators|Due diligence required
After spending since I retired last year trying to make Safe Hands (Imposter) work for me, I have given up. The platform has too many limitations, the fees are not competitive, and the quality of their market data is questionable. There are much better options available.
Pros: Multi-currency support|Responsive team
Cons: Slow to add new assets|No live chat on mobile
I experienced a security concern with my Safe Hands (Imposter) 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: Instant funding|Economic calendar|Segregated accounts
Cons: Some tools only available on higher tiers
I have been trying to close my account with Safe Hands (Imposter) for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Clean UI|Real-time alerts|Dedicated account manager
Cons: None so far|No phone support on weekends
I gave Safe Hands (Imposter) a fair chance. After for a few weeks now of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Clean UI|Segregated accounts
Cons: Wish they had more educational resources|Limited ETF selection