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VERDICT

Should I use Kalkine?

Not disclosed - kalkine.com.au

Skip. Skip it if you want investment guidance: ASIC acted on unlicensed advice in 2025 and regulators fined it for spam calls. If you only need market news, free sources and your broker's research do the job.

Confidence

Medium. Based on ~15 public sources: regulator releases, breach intel, FCA register, and reviews. Review snippets were truncated.

Ratings

  • Value for money
  • Ease of useNo usable evidence
  • Feature depth
  • Support quality
  • Security posture

Pricing

Not disclosed

ModelNot disclosed
Monthly feesNot disclosed
HardwareNot disclosed
Free tierYes

Best for

  • Experienced ASX investors wanting research ideas
  • Readers of free market news and education
  • Dividend and small-cap idea hunters

Not for

  • Beginners needing licensed personal advice
  • Anyone allergic to cold-call selling
  • Privacy-conscious users after the reported breach
  • Index investors; tips add cost, not returns

Gotchas - check before you buy

high

Expect phone-based selling; NZ regulator ordered outgoing sales calls stopped in 2022.

high

Reported 2026 data breach — weigh sharing personal and payment details carefully.

high

ASIC's 2025 unlicensed-advice action means scrutinise any 'advice' you receive.

medium

No published pricing; quotes come via sales calls, inviting pressure tactics.

Pros and cons

Pros

  • Multi-market coverage: ASX, NYSE, LSE, TSX news and research
  • Free education: glossary, investing essentials, mock-trading guides
  • Stock screeners plus momentum and consensus scoring
  • UK arm is FCA-registered

Cons

  • ASIC acted over unlicensed personal advice (May 2025)
  • Fined AU$350,000 for 7,200 spam calls and 2,775 texts
  • NZ FMA ordered a stop to outgoing sales calls (2022)
  • Reported data breach with exposed Kalkine Media records
  • Prospects report cold sales calls pushing subscriptions

Sources & method

Analyzed 10/05/2026 - 12 sources - Reported Kalkine Media data breach with exposed records (2026); prior regulatory penalties; UK entity FCA-registered.

official x4review x4security x1news x3
  • Kalkine Media data breach, Third-party threat-intelligence analysis of a Kalkine Media data breach exposing records, dated June 2026.

Key stats

  • Value for money: 2/5

    Rating

  • Not disclosed

    Starting price

  • 12

    Sources

  • Analyzed

  • Value for money: 2/5. Opaque pricing, sales-led upsell reported
  • Ease of use. No usable evidence
  • Feature depth: 3/5. Screeners, momentum scores, multi-market coverage
  • Support quality: 2/5. Support complaints; regulator curbed sales calls
  • Security posture: 2/5. Reported breach; regulatory penalties on record
  • AU$350,000 ACMA spam penalty 7,200 calls, 2,775 texts (2021)
  • 3 Regulator actions ACMA 2021, NZ FMA 2022, ASIC 2025
  • 438 Glassdoor reviews Employee reviews, mixed
  • FCA-registered UK registration Kalkine Securities Ltd

Pricing

Free tier: Yes

Security

Reported Kalkine Media data breach with exposed records (2026); prior regulatory penalties; UK entity FCA-registered.

  • Kalkine Media data breachThird-party threat-intelligence analysis of a Kalkine Media data breach exposing records, dated June 2026.⁴

What users say

Signals are mixed to negative, dominated by sales-pressure complaints, regulator actions, and poor employee reviews rather than product praise.

“Worst company- no job security”
Glassdoor employee review
“I've had a sales call re”
Reddit, r/UKInvesting

Alternatives

Compare Kalkine with each alternative.

  • Morningstar

    Guess: established licensed stock research with transparent pricing.

  • Low-cost index ETFs

    Guess: beat stock-tips subscriptions for most investors.

    Kalkine vs Low-cost index ETFs

  • Your broker's research

    Guess: usually free with a brokerage account.

Full analysis

Based on ~15 public sources: regulator releases, breach intel, FCA register, and reviews. Review snippets were truncated.

Stock-tips subscription with a regulator rap sheet: spam fine, unlicensed-advice action, reported breach. Free research is everywhere.

Methodology

Based on ~15 public sources: regulator releases, breach intel, FCA register, and reviews. Review snippets were truncated.

Sources

  1. ASIC acts on concerns Kalkine Pty Limited offered unlicensed adviceasic.gov.au
    news
  2. Kalkine companies fined AU$350,000 for 7,200 spam calls and 2,775 textszdnet.com
    news
  3. FMA directs Kalkine to stop making outgoing sales callsfma.govt.nz
    news
  4. Kalkine Media Data Breach: Analysis of Exposed Recordsfemtosec.io
    security
  5. Kalkine Securities Ltd — FCA Registerregister.fca.org.uk
    official
  6. Kalkine Canada Advisory Services Inc Reviewsau.trustpilot.com
    review
  7. Kalkine reviews — ProductReview.com.auproductreview.com.au
    review
  8. KALKINE Reviews — Glassdoorglassdoor.com
    review
  9. Kalkine Support — stock research subscriptionsreddit.com
    review
  10. Kalkine CA stock scoring and consensus indicatorkalkine.ca
    official
  11. Kalkine Premium contentkalkine.com
    official
  12. Kalkine investing essentials education hubkalkinemedia.com
    official

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