Talisman Finance has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Addresses: 1650 Market St # 3210 Philadelphia PA 19103 United States 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.talisman-finance.com.
Customer support at Talisman Finance seems to be run by people who have never used the platform. Every time I call with an issue, I end up explaining how their own system works before they can help me. It would be funny if my money was not involved.
Pros: API access|Social trading features|Multiple order types
Cons: Minimum deposit could be lower
KYC with Talisman Finance 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: Personal attention|Economic calendar|Multi-device support|Customizable dashboard
Cons: Wish they had more educational resources
The onboarding at Talisman Finance was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Excellent charting|Fast execution|Intuitive for beginners|Economic calendar
Cons: Slow to add new assets
The so-called education at Talisman Finance is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for over a year thinking they would help me learn.
Pros: Real-time alerts|No hidden fees|Responsive team
Cons: Alert system is basic|Wish they had more educational resources
The mobile app from Talisman Finance 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: API access|Multi-currency support|Multi-device support
Cons: Charting tools need more indicators|Spreads widen during volatile periods
The platform at Talisman Finance is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for about eight months of dealing with this, I have had enough.
Pros: Fast support response|Market news feed|Instant funding
Cons: Spreads widen during volatile periods|No fractional shares
The only good thing about Talisman Finance is that they remind you why regulation matters. I found them through a podcast recommendation. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Good analytical tools|Clear documentation
Cons: Wish they had more educational resources|Minor UI glitches occasionally