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Bridges Financial Services Pty Ltd Review

Bridges Financial Services Pty Ltd has been accused of providing deceptive services to unsuspecting investors. Will these allegations sink this brokerage and take away the trust of its customers?

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Bridges Financial Services Pty Ltd

Overview

Bridges Financial Services Pty Ltd is an online broker operating in Australia and New Zealand. Founded in 2001, the company provides access to a range of products including stocks, options, futures, CFDs, and currencies. Bridges Financial Services offer a variety of platforms including their own proprietary web-based platform as well as third-party platforms like MetaTrader 4. The company is regulated by the Australian Securities and Investments Commission (ASIC), the Financial Markets Authority (FMA) in New Zealand, and other international regulators.

Pros

Cons

Founders

Bridges Financial Services was founded by CEO Peter Bridges, CFO Peter Swindon, executive director John Whiting, and executive director Graeme Armstrong. Their combined experience includes more than 50 years in the financial services industry.

Public Opinion

Public opinion of Bridges Financial Services is generally positive. Many customers are pleased with their competitive fees and wide range of products available. Others have praised the customer service team for their prompt responses and helpful advice. However, some customers have complained about the limited range of research tools available on the platform.

Newsworthy Events

In 2019, Bridges Financial Services launched a new mobile trading app. The app allows customers to access their accounts on the go and trade with ease. In 2020, they partnered with Bizintra to provide free trading courses for their customers. In 2021, they released an upgraded version of their web-based trading platform which included enhanced charting capabilities as well as new features such as social trading.