Chimaera Forex Broker

Chimaera Financial Group Review SummaryFounded2014Registered Country/RegionAustraliaRegulationUnregulatedMarket InstrumentsForex, Commodities, Indices, ETFs, mFundsDemo Account×Min DepositNot specifiedCustomer SupportPhone: +852 2166 950024/7 Online Chat: NoPhysical Address: Melbourne, Singapore, Hong KongChimara Financial Group Information Chimaera Financial Group set up in 2014, located in Australia. It offers fund, investor, and asset management services, particularly focusing on multi-asset trading across global markets. The platform allows exposure through ETFs, mFunds, and managed accounts.Pros and ConsProsConsOffers ETFs and managed accounts for investorsMany fee types askingProvides custody accounts and managed optionsNo demo account option availableIs Chimaera Financial Group Legit? Chimaera Financial Group operates as an unregulated entity.What Can I Trade on Chimaera Financial Group? Chimaera provides access to forex, commodities, indices, ETFs, and munds.Tradable InstrumentsSupportedForex✔Commodities✔Indices✔ETFs✔mFunds✔Shares❌Cryptocurrencies❌Account Types Chimaera does not offer traditional retail trading accounts but instead provides custody accounts and managed options to investor services.Account NameKey FeaturesSuitable ForCustody AccountGlobal access, ASX-listed ETFsLong-term investors needing custodyManaged Accounts (IMAs, mFunds)Access to multi-asset investmentsInvestors looking for managed solutionsChimaera Financial Group Fees There's no specific spreads or commission fees are mentioned. Trading fees are generally structured around order execution and custody.Fee TypeRateEstablishment FeeBy negotiationAnnual Custody Fee0.375% of portfolio value (min. $2,000/year)Execution Fee0.30% of trade value (min. $30 if over $10,000)Trading Platform Fee$30/monthFailure Fees150% of fail fee by securities exchange