Directshares Guide – Read our In-Depth Directshares Review
This Directshares review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this Directshares review does not apply to US users.
If you are a new entrant in the realm of trading and broker, so many details will be confusing for you. Getting into the world of trading requires expert analyzing skills and comprehensive understanding. You'll get adept at all the concepts of brokerage as you continue trading. For starters, you need to select the ideal broker who'll be clear with you constantly.
In this fast-paced world of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment program will create hefty returns. Directshares is one such platform that will take you along with your investment to great heights. It is important to know about Directshares until you trust them with your cash.
Our full Directshares Review covers all you will need to learn about trading using Directshares. A good agent can multiply your first investments and give you positive profits. If you want to earn profits, you must trade with a broker service that contrasts with your investing goals.
There's absolutely no sure-fire method to guarantee profits; therefore, you should carefully analyze your agent before you choose them. It's a frequent misconception that all agents are the same, but that's not true. Wrong judgment, in the beginning, can put your investments in danger.
Directshares is a broker which has forged its way successfully into the brokerage world. Within this review, we've tried to collate some of the important facets of Directshares. This review can allow you to understand whether Directshares is a fantastic fit for your investments or not. We have attempted to breakdown all of the features and fees for your advantage.
Directshares Review, Table Of Contents
- Who are Directshares?
- Benefits Of Trading With Directshares
- Everything you should know about trading with Directshares
- Is Directshares Safe To Trade With?
- Pro's & Con's Of Trading With Directshares?
- Compare Brokers Similar To Directshares
- Regulation And Licencing In More Detail
- Directshares Awards
- Minimum Deposit Required For A Live Account With Directshares
- Directshares Commission And Fees Explained
- Compare broker fees against Directshares
- Directshares Withdrawal Fees Explained
- Directshares Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With Directshares?
- Alternatives To Directshares
- Frequently Asked Questions About Directshares
Who are Directshares?
Directshares is a foreign exchange broker headquartered in Australia and provides a range of tools for online trading. Since its beginning in 2007, Directshares has emerged as a top player in the field of online broker. Directshares includes a highly competitive and full-featured trading site that is focused on currency, indices, metals, sharesand commodities.
Over the past 14 years, Directshares has grown into one of the leading online brokers.
After establishing in 2007, their consumer base is becoming as big as 10,000+ clients.
Directshares is the favorite of many dealers.. Our Directshares review found that they are an excellent choice for automated trading options. It is best suited for investors that are searching for an assortment of assets. Social and automated trading solutions are the heart at Directshares.
Technology plays a significant role at Directshares. Directshares offers trading on MT4,iOS,MacBook,iPhone. Directshares is honest, transparent, and a well-regulated broker by the The Portuguese Securities Market Commission (CMVM). Their outstanding variety of resources will be beneficial for the majority of traders. Third-party partnerships also provide in-house research.
The educational department at Directshares is quite enlightening for new traders as it permits them to get a closer look in the financial markets. Directshares caters to all sorts of traders and are a must-have broker for any well-diversified approach to trading.
If you feel that Directshares is not right for you then at the bottom of this Directshares review you wil find a lot of alternatives to Directshares.
What you ought to know about trading using Directshares
Directshares is a lively platform that offers various procedures of trading. These tools cover the financial markets substantially. Most of the brokerage platforms provide fewer procedures than Directshares
If you want to trade with Directshares, you will need a minimum deposit of $100. This deposit is required if you would like to start trading with Directshares. This 2021 Directshares review will direct you clearly about trading with them.
Directshares is as versatile as another brokerage platform. Directshares is great for traders that want a manageable range of low-cost services. The programs offered by Directshares are third-party, white-label offerings. All traders may select out of MT4,iOS,MacBook,iPhone.
Together with everything, Directshares has multiple benefits to new and verteran traders and should be investigated. There is no minimum time over which a trade has to be kept available. The brokers provide premium client service which rewards customers with advantages.
Many unethical brokers try to pressurise customers into bigger funding for superior services. Directshares, on the other hand, is much more focused on trading volume. Traders can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the user, the greater benefits will become available.
Directshares accounts are available globally and provides quality service wherever they have customers. There are only a select few countries where Directshares accounts are not available. Traders in the following countries cannot open or use a Directshares account:
Is Directshares Safe To Trade With?
Launched in 2007, Directshares has been operating for 14 years, they have a head office in Australia.
Directshares is regulated by The Portuguese Securities Market Commission (CMVM). These bodies have rules that mandate that trading platforms have steps in place to maintain investor's assets secured. This usually means that Directshares users don't need to be worried about their money as it is segregated and safely stored in banks that are established. SSL encryption secures every user's personal information as well.
You are able to make use of an option for 2 Factor Authentications (2FA) with Directshares for heightened security. An SMS for the verification code will be sent to a phone. You'll be required to input this code to log into your accounts.
Another concern with financial brokers with regards to security may be manipulation of trading. This is highly disadvantageous to users on those platforms. However, this is more prevalent in the example of Market Maker brokers who compete with users on the platform.
Pro's & Con's Of Trading With Directshares
Every online trading platform will have a few pros and cons Directshares review would be complete without showing both sides. This Directshares review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
- Directshares is trusted by 10,000+ clients
- Directshares doesn't charge inactivity fees
- Directshares doesn't charge deposit fees
- Directshares doesn't charge CFD fees
- Directshares offer trading on MT4,iOS,MacBook,iPhone
- Directshares offer 86 trading instruments
- Directshares can communicate in
- Directshares does not offer Negative Balance Protection
- Directshares does not offer Guaranteed Stop Loss
- Directshares charge withdrawal fees
- Directshares doesn't trade major forex pairs
- Directshares doesn't trade minor forex pairs
- Directshares doesn't trade exotic forex pairs
- Directshares doesn't offer trading on cryptocurrencies
Directshares Review - Compare Brokers Similar To Directshares
|Regulated By||The Portuguese Securities Market Commission (CMVM)||Unregulated||Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217||Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange|
|Find Out More|
|Risk Warning||Your capital is at risk||Your capital is at risk||CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money||Your capital is at risk|
Directshares Review - Regulation And Licencing In More Detail
Directshares is regulated by The Portuguese Securities Market Commission (CMVM).
Directshares, as a business, has a strong set of rules for ensuring honest trading on its own platform. For data encryption functions, it supplies an industry-standard secure socket layer (SSL).
As per the company's privacy regulations, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial details.
Directshares Review - Awards
- At the time of writing this Directshares review, they had not received any awards.
Directshares Review - Minimum Deposit Required
The minimum deposit you need to get started on Directshares is $100. This is a decent amount for those just beginning. It's possible to create more complex residue as you go along. However, ensure you know how to make the most of your cash before investing in larger amounts.
Directshares Review - Commission And Fees Explained
Directshares is an online brokerage platform, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled much better. In other words, an online broker is not necessarily affected by the amount of clients they have.
However, this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are primarily 3 different types of penalties for this purpose.
The first sort of charges to keep an eye out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you're billed trading charges. In these cases, you are paying a spread, financing speed, or even a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions could be fixed or determined by the traded volume. On the other hand, a spread denotes the gap between the buying and selling price. Funding or overnight prices are people who are charged when you hold a leveraged position for longer than daily.
Aside from trading fees, online agents also bill non-trading fees. These are dependent on the actions you undertake in your account. They are billed for operations like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, Directshares doesn't charge high fees compared to other online agents. For operations other brokers fee for, they either do not charge a broker fee, or they charge a lesser amount. This is beneficial for those who often trade, such as weekly or daily trading.
But, non-trading fees charged by Directshares are relatively lower. Consequently, you are billed more for non-trading activities in your trading account, like deposits and withdrawal. These aren't related to the purchase and sale of assets.
This Directshares review breaks down each of the applicable non-trading charges for you in detail.
Compare broker fees against Directshares
Directshares Review - Withdrawal Fees Explained
Directshares charges a withdrawal fee if you make a bank transfer. Each time you transfer money back into your bank accounts, these withdrawal charges become important.
Withdrawal of money is possible at any moment from your Directshares account. It's possible to withdraw sums up to the amount of your account balance, keeping aside the margin utilized. 1 thing to remember is that you don't always have to have any cash on your account.
In addition, the withdrawn money will be transferred directly to the accounts you use to create deposits. Thus, in the event that you used a credit card for deposits, then the withdrawn money is going to be sent into the card. Directshares will ask you to offer other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you're withdrawing money in various currencies from USD, a conversion fee is also applicable. The conversion fee will be dependent on the currency you're opting to draw in.
Directshares Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is one of those buzzing questions that run through your head while open an account with Directshares. An inactivity fee is an amount charged to registered traders that haven't participated in buying or selling for some time. The period regarded as inactive is decided by the broker.
The inactivity fee also differs from 1 broker to another and is not generalized. If a dealers account doesn't have a buying or selling trade, it is maintained by the agent as an inactivity fee. The traders have to pay this commission under conditions and terms that they had agreed while registering.
Directshares doesn't charge inactivity fees so you are free to utilize your account as needed
Even if no fees have been implied by Directshares, it's best that you close the account if you are inactive. Inactivity fees aren't just charged by broker companies but also many financial services.
For additional trading platforms, the inactivity fee is contingent on the sort of account you have chosen. The inactivity fee is subjected to a lot of conditions and should be revealed clearly by the broker beforehand.
Directshares Review - Deposit Fees Explained
When you transfer money in your trading account by your bank account, a deposit fee can be billed by the broker. Most brokers do not charge too much money for this particular operation.
Directshares doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing money on the Directshares trading platform is easy. You just need to finish a single-user profile questionnaire to start depositing money into your trading account. You'll have to provide an identity evidence and proof of residency to deposit substantial amounts.
Directshares Review - Compare Broker Deposit Methods
What Can You trade With Directshares?
Note: Directshares offers many different trading instruments due to regulatory restrictions in some countries. Trading instruments offered may be different based on the country of residence of the client.
Directshares has a wide variety of over 86 instruments available for you to trade with.
If trading forex pairs is of interest to you then Directshares offer over forex pairs.
Compare Directshares, Betterment, Pepperstone & Sharekhan below.
Alternatives To Directshares
If, after reading this Directshares review, Directshares doesn't fulfill your requirements check out these Directshares alternatives.
We have scoured the internet to find the best alternatives to Directshares. Click the hyperlinks below to learn more.
Frequently Asked Questions about Directshares
Can I try Directshares before I buy?
Yes, you can most definitely try Directshares before you buy. Directshares offers demo accounts for the convenience of new traders. You can use this feature to build your faith in the system and yourself and your trading strategies.
If you sign up to get a demonstration account on Directshares, you will set out with a decent amount of virtual currency. It's to establish a sense of security and confidence in you until you choose to spend your own money.
With this virtual Directsharesdemo account, you can experiment at all, to whatever length you desire. You might even open positions, test different trading approaches, and much more.
Directshares specifies on its official site which you can trade real time stocks in a demo account.
Is Directshares safe?
You can drop all of your worries since we believe that Directshares is perfectly safe to use. It's in compliance with all the principles of The Portuguese Securities Market Commission (CMVM).
Even so, Directshares does not provide assured stop-loss protection.
Why does Directshares ask for my passport?
The reason that Directshares asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Directshares has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Directshares must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with Directshares?
The process to start trading withDirectshares is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Directshares website. It will require you to fill in details pertaining to the credibility and security of your account.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with Directshares is $100. You should have a good hold over the nuances of online trading before you set out and trade with real money.
If you are confident of your knowledge and understanding, you can open an account with Directshares.
The best way to kickstart your trading career with Directshares is to open a demo account facility before risking any real money
What funding methods do Directshares accept?
There are multiple ways to fund your account with Directshares. The process is effortless and quick, with different payment methods at your fingertips.
You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing funds. You must keep in mind that PayPal isn't available in every place. The monies Directshares
Is my money safe with Directshares?
Yes, your cash is safe and protected with Directshares. As you already know, Directshares operates with proper conformation to. It has established lots of steps to guard all of its own investors.
Directshares safeguards its clients' private and sensitive information under SSL encryption. Your capital will be retained highly secure in top-tier banks.
If you want to further protect your account, you can empower Two-Step Verification also. It takes an SMS affirmation for you to access your account.
Is Directshares trading good?
Yes, trading through Directshares is a nice and decent experience indeed. It is a great and intuitive platform with useful features for your ease. Moreover, you can also gain access to a huge collection of educational resources and assistive substance to kickstart your trading experience.
If you are still skeptical, you can open a eToro demo account and evaluate the trustworthiness of the platform for yourself.
Which Countries does Directshares support?
Directshares operates around the globe. However, due to regulations there are some countries that Directshares do accept clients resident in
Is Directshares legit?
Directshares is a legit company headquarted in Australia since 2007. They are regulated by The Portuguese Securities Market Commission (CMVM). Directshares is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is Directshares a good broker?
Directshares is an excellent agent, and its own users may vouch for it. The highlight of the platform is its quick order execution on trades.
You'll discover the clean design of this platform and the admirable features a pleasure to work with.
Is Directshares a trustworthy broker?
Yes, Directshares is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.
What is the minimum deposit for Directshares?
The minimum deposit to open a live account with Directshares is $100
How long do Directshares withdrawals take?
Normally, withdrawal of money from Directshares is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from Directshares to show in your bank account.
Are Directshares regulated?
Directshares are regulated by The Portuguese Securities Market Commission (CMVM)
Is Directshares a market leading broker?
Directshares is indisputably one of the business leaders. It has over 10,000+ registered users and over 14 years of expertise on its record. They're one of the world's top trading platforms and also a prominent figure in the Fintech revolution.
It majorly owes this standing to its unbelievable platform and wide range of resources plus tools so that you can put money into capital markets.
Is Directshares a con?
No, Directshares is not a con. They are regulated by The Portuguese Securities Market Commission (CMVM) and must adhere to their rules. Thus, it is safe to say that Directshares is not a scam.
Can you make money with Directshares?
Using Directshares, many traders earn a lot of money. However, on average, through consistent trading, you also can create between 2% - 10% profit a month.
This may seem to be a small number, but over the entire year, this adds to a substantial amount of gains. While Directshares supply you all of the tools to make money, they can't guarantee you will gain.
Does Directshares have fees?
Yes. To begin trading using Directshares, you need to deposit $100. Particular commissions while trading also apply. Any processing fees from your bank will have to be incurred by you.
When was Directshares founded?
Directshares was founded in 2007 in Australia. Directshares is regulated by The Portuguese Securities Market Commission (CMVM).
How many people use Directshares?
Directshares is a worldwide recognised broker with 10,000+ clients.
Where is the Directshares head office?
Directshares has its head office in Australia
Does Directshares offer negative balance protection?
No. Directshares does not offer negative balance protection. If your balance is unfavorable, Directshares indicates you contact customer services. With this, you are able to fix any imbalances in your account.
Does Directshares offer guaranteed stop loss?Directshares regrettably, doesn't provide guaranteed stop loss. Directshares provides an opportunity to its dealers to close their trade in their given price. Apart from this, Directshares does not offer guaranteed stop loss.
Does Directshares allow scalping?Yes, Directshares do allow scalping. Several traders across the world select Directshares due to their scalping services. They offer trading on MT4,iOS,MacBook,iPhone which let this.
Does Directshares allow hedging?
Yes, Directshares does allow hedging.
Can you trade energies with Directshares?
No, unfortunately you cannot trade energy stock with Directshares
Can you trade agricultural shares with Directshares?
No, unfortunately you cannot trade agricultural stock with Directshares
Can you trade cryptocurrency with Directshares?
No, unfortunately you cannot trade cryptocurrency with Directshares
Can you trade metals with Directshares?
No, unfortunately you cannot trade metals with Directshares
Can you trade UK Shares with Directshares?
No, unfortunately you cannot trade UK shares with Directshares
Can you trade US Shares with Directshares?
No, unfortunately you cannot trade US shares with Directshares
Can you trade Japanese Shares with Directshares?
No, unfortunately you cannot trade Japanese shares with Directshares
Can you trade German Shares with Directshares?
No, unfortunately you cannot trade German shares with Directshares
Does Directshares accept bank transfers?
No, Directshares does not accept bank transfers.
Does Directshares accept credit cards?
No, Directshares does not accept credit cards.
Does Directshares accept PayPal?
No, Directshares does not accept PayPal.
Does Directshares accept Skrill?
No, Directshares does not accept Skrill.
Does Directshares accept Payoneer?
No, Directshares does not accept Payoneer.
Does Directshares accept Neteller?
No, Directshares does not accept Neteller.
Does Directshares offer Live Chat customer support?
No, Directshares does not offer customer support through live chat.
Does Directshares offer phone customer support?
No, Directshares does not offer customer support over the telephone.
Does Directshares offer email customer support?
No, Directshares does not offer customer support through email.
What languages can Directshares communicate in?
Directshares has the ability to communicate and support customers who speak:
Does Directshares have a wikipedia page?
No, Directshares does not have an official wikipedia page.
Does Directshares offer demo accounts?
Yes, Directshares offers demo accounts so you can learn their systems before risking any real money.