Directshares Alternatives: Pros, Cons, And How It Compares for 2024
This alternatives to Directshares guide has been updated for 2024 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to Directshares to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to Directshares like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, benefits to their clients. If you feel that Directshares is not quite right for you then it would be worth getting a virtual account with a few of the top Directshares alternatives and ensuring that they are a better fit for you before moving any money around.
The most in depth guide to Directshares alternatives online
There are many reasons Directshares may not be a good fit for you. Whatever reason you are hunting for the top Directshares alternative or Directshares competitor with better services, we will always try to give you as much helpful information so you can make an informed choice. Below you can discover the most popular Directshares alternatives.
For each of our alternative to Directshares, we also highlight the key differences to Directshares and for each section show you the best competitors. For every Directshares alternative online broker shown we also have detailed trading platform reviews and guides that you can easily click to view elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are unhappy with Directshares, let us show you some great alternative brokersbrokers|online trading platforms|brokerages.
Using a reputable and dependable trading platform is important for having a successful trading career. All of the Directshares alternative platforms shown in this Directshares alternatives guide have good reputations and match what you are looking for.
Alternatives With Lower Minimum Deposit
Directshares has a minimum desposit of $100, you should see how the minimum deposit requirements of Directshares compare with the minimum deposit requirements of Directshares competitors. Trading platforms often offer lower minimum deposits to get users to join with them, but having higher a minimum deposit isn’t always a bad thing, it all depends on your individual trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
Directshares |
$100 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| ThinkMarkets |
$0 |
Alternatives Offering Demo Accounts
Directshares offers virtual portfolio accounts so you can learn their systems before risking any real money. Newbie traders can open a virtual portfolio account in order to better understand the aspects of Forex trading and test out some of the company’s features before getting a live account.
Below we show some of the best alternatives to Directshares that has demo accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
Directshares |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
Directshares offers negative balance protection. It's especially offered when the market volatility keeps clients from allowing their accounts go into the red. In such a scenario, Directshares provides the ability to reset a clients account balance to zero.
You should go through the critical stipulations on Directshares's site to understand their policies better.
Below we detail some of the best alternatives to Directshares that have negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
Directshares |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
Directshares provide a guaranteed Stop Loss order.
If there is no free margin left with the client, Directshares will cease your positions. If the losses in the stopped out position exceeds your account balance, you might encounter a negative account balance.
Below we detail some of the top Directshares alternatives that have guaranteed stop loss available for their customers.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
Directshares |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
Directshares do allow scalping. Several traders throughout the world choose Directshares for their services that are trading. They offer trading on MT4,iOS,MacBook,iPhone which allow this.
Below we list some of the top alternatives to Directshares that offer scalping functionality to their clients.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
Directshares |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
Directshares do permit hedging. Several traders across the world choose Directshares for their hedging services. They offer trading on MT4,iOS,MacBook,iPhone.
Below we list some of the top alternatives to Directshares that offer hedging services to their user base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
Directshares |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
Unfortunately, Directshares does not offer social trading.
Below we show some of the top Directshares alternatives that offer social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
Directshares |
No | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
Regretably, Directshares does not offer copy trading.
Below we list some of the best alternatives to Directshares that offer copy trading to their customers
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
Directshares |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare Directshares To All Other Brokers