United Microfinance Australia (unitedmf-au.com) has been flagged by ASIC (Australia) for "Unlicensed". Phones: +61 467 803 346
Addresses: 30 Kooljak Rd Acton Park Western Australia 6280 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: unitedmf-au.com.
I trusted United Microfinance Australia (unitedmf-au.com) with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Social trading features|Market news feed
Cons: Email notifications too frequent
I joined United Microfinance Australia (unitedmf-au.com) through a forum discussion 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: Personal attention|Segregated accounts|Multiple order types|Dedicated account manager
Cons: No dark mode on mobile|Research section could be deeper
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. United Microfinance Australia (unitedmf-au.com) recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: High security standards|Fast deposits|Copy trading available
Cons: Search feature is basic
My withdrawal request from United Microfinance Australia (unitedmf-au.com) has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Fast execution|Professional team|Segregated accounts
Cons: Email notifications too frequent|Onboarding videos are outdated
United Microfinance Australia (unitedmf-au.com) changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Regular updates|Instant funding|Tax reports included
Cons: Email notifications too frequent|Onboarding videos are outdated
United Microfinance Australia (unitedmf-au.com) 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: Quick verification|Regular updates|Helpful community forum
Cons: Minor UI glitches occasionally
The mobile app from United Microfinance Australia (unitedmf-au.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: Automated trading options|Instant funding
Cons: Search feature is basic
I am in a dispute with United Microfinance Australia (unitedmf-au.com) over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Copy trading available|Full transparency
Cons: Currency conversion fee exists|No integrated tax optimization