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Bank First

Item: Bank First
Rating: 3.40

Australia | 5-10 years |

Regulated in Australia | Investment Advisory License | Suspicious Overrun | Medium potential risk

https://www.bankfirst.com.au/

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Influence

Influence index NO.1

Australia 8.05

Surpassed 34.00% brokers

Biz Area Search Statistics Advertising Social Media Index

Contact

1300 654 822

info@bankfirst.com.au

https://www.bankfirst.com.au/

CHIEF EXECUTIVE OFFICER, Level 3, 117-119 CaMberwell Road HAWTHORN EAST VIC 3123

Licenses

ASIC Exceeded

Australia Investment Advisory License

Licensed Entity：Victoria Teachers Limited

License No. 240960

Keywords 5

5-10 years

Regulated in Australia

Investment Advisory License

Suspicious Overrun

Medium potential risk

Warning: Low score, please stay away!

2025-10-31

This broker exceeds the business scope regulated by Australia ASIC(license number: 240960)Investment Advisory Licence Non-Forex License. Please be aware of the risk!

Basic Information

Registered Region

Australia

Operating Period

5-10 years

Company Name

Victoria Teachers Limited

Abbreviation

Bank First

Company employee

Customer Service Email Address

info@bankfirst.com.au

Contact Number

1300 654 822

Company Website

https://www.bankfirst.com.au/

Company Address

CHIEF EXECUTIVE OFFICER, Level 3, 117-119 CaMberwell Road HAWTHORN EAST VIC 3123

Facebook

https://www.facebook.com/bankfirstau

A Visit to Bank First in Australia - Office Found

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Bank First

Australia

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Bank First

Australia

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Details

Official website

Website

bankfirst.com.au

13.75.140.75

Server Location

Australia
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Relevant Enterprises

VICTORIA TEACHERS LIMITED(Australia)

Active

Australia

Registration No. 087651769

Established 2018-06-25

Related sources Website Announcement

Company Summary

Bank FirstReview Summary
Founded	1996-04-26
Registered Country/Region	Australia
Regulation	Exceeded
Services	Banking/Loans/Insurance/Financial Planning
Software	Mobile
Min Deposit	No limit
Customer Support	Phone: 1300 654 822/+61 3 9834 8560
	Email: info@bankfirst.com.au.
	Online Chat
	Social Media: Facebook, LinkedIn, YouTube, Instagram

Bank First Information

Bank First provides diversified services involving all aspects of life, including banking, loans, insurance, and financial planning. However, Bank First is risky due to its exceeded status.

Is Bank First Legit?

ASIC regulates Bank First with an exceeded status, which makes it less safe than regulated brokers.

Services

Bank First provides 4 major services, including banking, loans, insurance, and financial planning.

Banking: Businesses involved include international transfers, school accounts, preschool education accounts, interest rate banks, etc.

Loans: Including home loans, car loans, personal loans, and so on.

Insurance: Including health, travel, car, life, etc.

Software

Traders can download the Bank First app through the App Store and Google Play.

Software	Supported	Available Devices
Bank First	✔	Mobile

Deposit and Withdrawal

The minimum deposit is no limit. Bank First provides credit cards with annual fees starting from 0, such as Visa Classic and Visa Platinum.

Customer Support Options

Traders can contact Bank First via phone, email, and online chat. Traders also can follow the bank through Facebook, LinkedIn, YouTube, and Instagram.

Contact Options	Details
Phone	1300 654 822/+61 3 9834 8560
Email	info@bankfirst.com.au.
Online Chat	✔
Social Media	Facebook, LinkedIn, YouTube, Instagram
Supported Language	English
Website Language	English
Physical Address	117 Camberwell Road, Hawthorn East, VICTORIA, 3123/126 Puckle Street, Moonee Ponds, VICTORIA,3039

Keywords

5-10 years
Regulated in Australia
Investment Advisory License
Suspicious Overrun
Medium potential risk

Wiki Q&A

Bhavani Durga K

1-2 years

How long does Bank First take for my withdrawal to be credited?

WikiFX Reply

Unfortunately, Bank First does not provide specific information on withdrawal times. Typically, brokers clarify whether withdrawals take a few days or longer, but in this case, the lack of transparency on processing times can raise concerns. From my experience, this lack of detail could mean delays or unexpected issues, so I would suggest being prepared for longer wait times when withdrawing funds. If you're considering withdrawing funds after logging into bank first login, it’s worth checking directly with support for better clarity on expected times.

Is Bank First safe and legit for me to trade with?

WikiFX Reply

Bank First's exceeded status under ASIC raises concerns about its legitimacy and safety for traders. Although it is regulated by ASIC, the exceeded status indicates that the company might not be complying with current regulations. For someone like me who values transparency and security, I would be hesitant to fully trust this platform. It's important to consider that while Bank First offers a range of services such as banking, loans, insurance, and financial planning, its status could make it riskier than other fully regulated brokers. If you're looking for bank first stock trading options, it’s essential to evaluate the risks associated with such a platform.

How does Bank First handle loans and insurance?

WikiFX Reply

Bank First provides a variety of loans, including home loans, car loans, and personal loans. They also offer a broad range of insurance products such as health, travel, car, and life insurance. For me, having access to both loans and insurance services can simplify life, especially when I need a single point of contact for multiple financial needs. However, for traders looking for specialized services like margin trading or CFDs, Bank First might not be the right fit, as these services are more focused on traditional financial products.

Does Bank First offer mobile access for its services?

WikiFX Reply

Yes, Bank First provides mobile access through its app available on both the App Store and Google Play. As someone who frequently checks accounts on the go, I find mobile access to be incredibly convenient. However, for those who prefer desktop platforms for trading, Bank First’s mobile-only approach might limit some of the functionalities that are typically available on more comprehensive trading platforms.