Score

8.13 /10
Good

Gleneagle

Australia

Above 20 years

Regulated in Australia

Market Maker (MM)

Suspicious Scope of Business

Medium potential risk

D

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Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index8.11

Business Index9.16

Risk Management Index8.22

Software Index7.30

License Index8.11

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

Gleneagle Securities (Aust) Pty Ltd

Company Abbreviation

Gleneagle

Platform registered country and region

Australia

Company website

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Company summary

Pyramid scheme complaint

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WikiFX Risk Alerts 2
Previous Detection : 2025-06-29
  • The AustraliaASIC regulation (license number: 000385620) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

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Gleneagle · Company summary
Gleneagle Review Summary
Founded2010
Registered Country/RegionAustralia
RegulationASIC
ServicesProperty Loans, Capital Raises, Managed Funds, Strategy, Income Paying, Equity Growth
Trading PlatformGleneagleWeb
Customer SupportContact form
Tel: 1300 123 345
Email: members@gleneagle.com.au
Address: Level 27, 25 Bligh Street, Sydney NSW 2000
Facebook, LinkedIn

Gleneagle Information

Gleneagle is a regulated service provider of premier brokerage and financial services, which was founded in Australia in 2010. It offers services for Property Loans, Capital Raises, Managed Funds, Strategy, Income Paying and Equity Growth.

Gleneagle Information

Pros and Cons

ProsCons
Long operation timeCommission fees charged
Various contact channels
Various financial services offered

Is Gleneagle Legit?

Yes. Gleneagle is licensed by ASIC to offer services. Its license number is 000337985. The Australian Securities and Investments Commission (ASIC) is an independent Australian government body that acts as Australia's corporate regulator, which was established on 1 July 1998 following recommendations from the Wallis Inquiry.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Australian Securities and Investments Commission (ASIC)RegulatedGLENEAGLE SECURITIES (AUST) PTY LIMITEDMarket Maker (MM)000337985
Gleneagle license

Gleneagle Services

ServicesSupported
Property Loans
Capital Raises
Managed Funds
Strategy
Income Paying
Equity Growth
Products & Services

Gleneagle Fees

Equities fees and rates

The standard fees you will typically be charged for transactions in ASX-traded equities are 1.1% (GST included) of the transaction value subject to a minimum of $82.50 but subject to a maximum of 1.65% and $150 (GST included).

ASX Derivatives fees

The standard fees you will typically be charged for exchange-traded derivatives are 1.1% (GST included) of the premium amount subject to a minimum of $82.50 subject to a maximum of 1.65% and $150 (GST included).

OTC Transaction fees

The fees, costs and charges for OTC Transactions are disclosed in the PDS for those products.

Fee DetailsAmount
Bank Dishonour Fee$82.50
Manual booking Fee$33.00
Re-booking Fee$33.00
Customer Trace Fee$30
Real Time Gross Settlement (RTGS) (Domestic)$55
Off Market Transfers$55 per security
SRN Requests to Share Registries$27.50 per holding
Stock borrow fee$110
Mailed transaction confirmation$3.30 per confirmation

Trading Platform

Trading PlatformSupportedAvailable Devices
Gleneagle webPC, laptop, tablet
Trading Platform

User Reviews

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User comment

4

Comments

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FX1656760390
more than one year
Trash broker! If you're from the UK or Europe, don't even consider registering with them. All you get is a lousy 1:200 leverage, which is garbage, and their withdrawal process takes forever. This broker isn't top-notch, just like all the other trash brokers out there. There are no good brokers!
Trash broker! If you're from the UK or Europe, don't even consider registering with them. All you get is a lousy 1:200 leverage, which is garbage, and their withdrawal process takes forever. This broker isn't top-notch, just like all the other trash brokers out there. There are no good brokers!
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2024-03-25 01:01
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FX1616271925
more than one year
I gotta say, the trading platform is pretty slick – user-friendly and clear as day. But hey, it needs a tool to compare prices easily, and some price alerts based on tech stuff would be sweet.They've got a wide range of products, no denying that. But, truth be told, the spreads are a tad higher than the usual suspects, and the margin requirements are a bit much. Getting in touch with customer service is a breeze, but dang, they take their sweet time. Plus, different reps give different answers, which is a bit of a headache. Opening an account is like jumping through hoops – lots of docs and no updates from the support team.
I gotta say, the trading platform is pretty slick – user-friendly and clear as day. But hey, it needs a tool to compare prices easily, and some price alerts based on tech stuff would be sweet.They've got a wide range of products, no denying that. But, truth be told, the spreads are a tad higher than the usual suspects, and the margin requirements are a bit much. Getting in touch with customer service is a breeze, but dang, they take their sweet time. Plus, different reps give different answers, which is a bit of a headache. Opening an account is like jumping through hoops – lots of docs and no updates from the support team.
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2024-02-02 14:59
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