Directshares Guide – Read our In-Depth Directshares Review
Directshares Rating: 5.98 / 10
Our proprietary rating algorithm takes all of our datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones.
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 users in BR, KR, IR, IQ, SY, JP, US
If you're a new entrant in the world of trading and brokerage, so many facts will be confusing for you. Getting into the world of trading demands expert analyzing skills and thorough understanding. You'll acquire adept at all the concepts of brokerage since you keep trading. For starters, you have to select the right broker who'll be clear with you always.
In this fast-paced universe of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment plan will generate hefty returns. Directshares is just one such platform which will take you along with your investment into great heights. It's crucial to understand about Directshares until you trust them with your cash.
Directshares Review – Brief Overview
Directshares Telephone Number:
Directshares Email Address:
The Portuguese Securities Market Commission (CMVM)
Number Of Clients:
10,000+ Directshares users and traders
Directshares Facebook Likes:
Directshares Twitter Followers:
Directshares Instagram Followers:
Your capital is at risk
|Directshares Telephone Number:|
|Directshares Email Address:|
|Regulated By:||The Portuguese Securities Market Commission (CMVM)|
|Number Of Clients:||10,000+ Directshares users and traders|
|Directshares Facebook Likes:||0|
|Directshares Twitter Followers:||0|
|Directshares Instagram Followers:||0|
Your capital is at risk
Our entire Directshares Review covers everything you will need to know about trading with Directshares. A good broker can multiply your initial investments and provide you favourable profits. If you would like to make profits, you must trade with a broker service that contrasts with your investing objectives.
There is no sure-fire method to guarantee profits; thus, you should carefully assess your broker before you select them. It's a frequent misconception that all agents are exactly the same, but that is not correct. Wrong judgment, in the beginning, can set your investments in danger.
Directshares is a broker which has paved its way successfully to the brokerage world. In this review, we've attempted to collate a number of the vital facets of Directshares. This review can help you to know whether Directshares is a fantastic match for your investments or not. We have attempted to breakdown all the features and charges for your convenience.
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?
- Directshares Risk Disclaimer
- 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 forex broker headquartered in Australia and provides a variety of tools for online trading. Since its establishment in 2007, Directshares has emerged as a leading player in the industry of online broker. Directshares has an extremely competitive and full-featured trading website that's focused on currency, indices, metals, stocks , commodities.
Over the past 14 years, Directshares has grown into one of the leading online brokers.
After launching in 2007, their consumer base has become as big as 10,000+ clients.
Directshares is a favourite for many dealers because of its negative balance protection. Our Directshares review discovered that they're an superb choice for automated trading solutions. It's best suited for investors who are searching for an assortment of assets. Social and automated trading options are the core at Directshares.
Technology plays a substantial role in Directshares. Directshares features trading on MT4,iOS,MacBook,iPhone. Directshares is fair, transparent, and a well-regulated broker by the The Portuguese Securities Market Commission (CMVM). Their outstanding array of resources will be beneficial for most traders. Third-party partnerships also provide in-house analysis.
The educational department at Directshares is quite enlightening for new dealers as it allows them to get a closer look at the financial markets. Directshares caters to all sorts of traders and are a must-have broker for any well-diversified approach to online 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.
Everything you ought to know about trading using Directshares
Directshares is a dynamic platform that offers various procedures of trading. These tools cover the financial markets considerably. Most of the brokerage platforms provide fewer procedures than Directshares
If you wish to exchange with Directshares, you will need a minimum deposit of $100. This deposit is mandatory if you would like to start trading with Directshares. This 2021 Directshares review will direct you easily about trading with them.
Directshares is as flexible as any other brokerage platform. Directshares is great for traders who want a manageable array of low-cost services. The platforms supplied by Directshares are third party, white-label offerings. All traders can select from 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 on which a trade has to be kept available. The agents provide premium customer service which rewards clients with advantages.
Many less reputable brokers try to pressurise consumers into bigger financing for premium services. Directshares, on the other hand, is more concentrated on trading volume. Traders can expect trading conditions to be just, honest and transparent. The more lots traded by the user, the further benefits will come along.
Directshares accounts are available globally and provides outstanding service everywhere they have clients. 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:
BR, KR, IR, IQ, SY, JP, US
Is Directshares Safe To Trade With?
Launched in 2007, Directshares has been in operation 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 make sure that trading platforms have measures in place to keep investor's resources procured. This means that Directshares users do not 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 private information as well.
You are able to make use of an option for Two Factor Authentications (2FA) with Directshares for heightened security. An SMS with the confirmation code will be sent to a phone. You'll be required to enter this code to log in to your accounts.
Another concern with fiscal brokers is in respect to security might be manipulation of trading. This is highly disadvantageous for consumers on those platforms. However, this is more prevalent in the example of Market Maker agents who compete with customers on the platform.
Directshares Risk Disclaimer
Your capital is at risk
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 offers Negative Balance Protection
- Directshares offers Guaranteed Stop Loss
- Directshares has low minimum deposit requirements
- Directshares doesn't charge inactivity fees
- Directshares doesn't charge CFD fees
- Directshares offers copy trading
- Directshares offer trading on MT4,iOS,MacBook,iPhone
- Directshares offer 86 trading instruments
- Directshares can communicate in English, and Chinese
- Directshares charge withdrawal fees
- Directshares charge deposit 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 doesn't offer social trading
- Directshares doesn't offer trailing stop
Directshares Review - Compare Brokers Similar To Directshares
|Rating||5.98 / 10||1.73 / 10||6.43 / 10||4.71 / 10|
|Regulated By||The Portuguese Securities Market Commission (CMVM)||Unregulated||Financial Conduct Authority (FCA)||Cyprus Securities and Exchange Commission (CySEC)|
|Find Out More|
|Risk Warning||Your capital is at risk||Your capital is at risk||Losses can exceed deposits||Losses can exceed deposits|
Directshares Review - Regulation And Licencing In More Detail
Directshares is regulated by The Portuguese Securities Market Commission (CMVM).
Directshares, as a business, has a powerful set of rules for ensuring fair trading onto its own platform. For information encryption functions, it supplies an industry-standard secure socket layer (SSL).
In accordance with the company's privacy regulations, client data is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Directshares Review - AwardsAt the time of writing this Directshares review, and despite Directshares’s impressive offering, the company has surprisingly not garnered any other awards to date.
Directshares Trading Platforms
Directshares are a reputable brokerage that has been operating for over 14 years. They offer a large range of options in their user accounts.
In the following table we take the main parts of any great brokerage and compare Directshares against WellsTrade, ETX Capital, and OptionWeb
Directshares Review - Minimum Deposit Required
The minimum deposit you must deposit to get started on Directshares is $100. This is an adequate amount for those just starting out. It's possible to create more complex deposits as you cooperate. But, make certain that you know how to make the most of your money before investing larger sums.
Directshares Review - Commission And Fees Explained
Directshares is an online brokerage platform, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled much better. In other words, an internet broker isn't necessarily affected by the amount of customers they have.
However, this does not mean that online brokers do not charge any fees. They charge prices of varying rates for various services to make money. There are mainly 3 different types of penalties for this purpose.
The first sort of fees to look out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you're billed trading charges. In such cases, you're spending a spread, financing speed, or a commission. The sorts of trading fees and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread denotes the difference between the buying and selling cost. Funding or overnight prices are those who are charged when you maintain a leveraged position for longer than daily.
Apart from trading charges, online agents also charge non-trading fees. These are dependent on the actions you undertake in your account. They're charged for things like depositing money, not investing for lengthy periods, or withdrawals.
In general, Directshares does not charge high fees compared to other online brokers. For operations other brokers fee for, they either do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for those who often exchange, for example weekly or daily trading.
However, non-trading fees billed by Directshares are relatively greater. As a result, you are charged more for non-trading actions on your trading account, like deposits and withdrawal. These aren't related to the purchase and sale of assets.
This Directshares review breaks down every one of the relevant non-trading charges for you in detail.
Compare broker fees against Directshares
Directshares Review - Withdrawal Fees Explained
Directshares charges a withdrawal fee when you make a bank transfer. Every time you move money back into your bank account, these withdrawal charges become important.
Withdrawal of cash is possible at any time from your Directshares account. It's possible to draw sums up to the sum of your account balance, keeping aside the perimeter utilized. 1 thing to keep in mind is that you don't always have to have any money on your accounts.
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 cash will be sent into the card. Directshares will ask you to provide other withdrawal methods if your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you are withdrawing cash in different currencies from USD, a conversion fee is also important. The conversion fee will depend on the money you're choosing to draw in.
Directshares Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is only one of the buzzing questions which run through your head while open an account with Directshares. An inactivity fee is an amount charged to registered traders who haven't participated in buying or selling for some time. The period considered inactive is determined by the broker.
The inactivity fee differs from one broker to another and isn't generalized. If a traders account does not have a buying or selling transaction, it's maintained by the agent as an inactivity charge. The traders have to pay this fee under conditions and terms they had agreed while registering.
Directshares doesn't charge inactivity fees so you are free to pop in and out of your account as needed
Even if no fees have been indicated by Directshares, it's better that you close the account if you are inactive. Inactivity fees aren't only charged by brokerage companies but also many financial services.
For other trading platforms, the inactivity fee depends upon the type of account you have selected. 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 move money into your trading account from your bank account, a deposit fee can be billed by the broker. Most agents do not charge an excessive amount of money for this particular operation.
Directshares charges a deposit fee for transferring money into your trading account.
Depositing cash on the Directshares trading platform is simple. You just have to complete a single-user profile survey to begin depositing money into your trading account. You'll need to provide an identity evidence and proof of residency to deposit substantial sums.
Directshares Review - Compare Broker Deposit Methods
What Can You Trade With Directshares?
Note: Directshares provides a lot of different trading instruments due to regulatory restrictions in various countries. Trading instruments offered may be different depending 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, WellsTrade, ETX Capital & OptionWeb below.
Reviewing The Directshares Mobile App
Note: Directshares's mobile app has a lot of functionality and is being developed all the time. The table below was accurate at the time of writing this Directshares review.
Understand the capabilities of the mobile apps of Directshares, WellsTrade, ETX Capital & OptionWeb below.
Alternatives To Directshares
If, after reading this Directshares review, they do not fulfill your needs 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 certainly try Directshares before you buy. Directshares offers demo accounts for the ease of inexperienced traders. You may use this feature to build your faith in the machine as well as yourself and your trading strategies.
If you sign up to get a demo account on Directshares, you will set out using a decent amount of virtual money. It is to establish a feeling of security and confidence in you before you decide to spend your own money.
With this virtual Directsharesdemo account, you can experiment in any way, to whatever period you wish. You might even start positions, examine different trading approaches, and much more.
Directshares specifies on its official website which you can exchange real time stocks with your demo account.
Is Directshares safe?
It is possible to drop all of your worries since we believe that Directshares is perfectly safe to use. It's in compliance with all the rules of The Portuguese Securities Market Commission (CMVM).
Luckily, Directshares does 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 account 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 methods to fund your account with Directshares. The process is effortless and quick, with different payment methods at your fingertips.
You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be 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 money is safe and protected with Directshares. As you already know, Directshares works with proper conformation to. It has established lots of measures to protect all its investors.
Directshares protects its customers' personal and sensitive information under SSL encryption. Your capital will be retained highly secure in top-tier banks.
If you want to further safeguard your accounts, you can empower Two-Step Verification also. It takes an SMS affirmation that you access your account.
Is Directshares trading good?
Yes, trading through Directshares is a nice and decent experience indeed. It's an excellent and intuitive platform with helpful features for your simplicity. Moreover, you could even obtain access to a huge selection of educational tools and assistive material to kickstart your trading expertise.
If you remain skeptical, you can start a eToro demo account and assess the trustworthiness of the platform on your own.
Which Countries does Directshares support?
Directshares operates across the world. However, due to regulations there are some countries that Directshares do accept clients from BR, KR, IR, IQ, SY, JP, US
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 users may vouch for it. The highlight of this platform is its quick order execution on transactions.
You'll find the clean layout of this platform along with the commendable 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 industry leaders. It has over 10,000+ registered users and over 14 years of experience on its record. They are one of the world's top trading platforms and also a dominant figure in the Fintech revolution.
It simplifies this standing to its incredible platform and broad range of resources plus tools so you may 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, several traders make a great deal of money. But typically, through continual trading, you also can create between 2% - 10% profit a month.
This can look like a little number, but over the entire year, this adds to a substantial number of gains. Even though Directshares provide you all the tools to earn money, they cannot guarantee you will profit.
Does Directshares have fees?
Yes. To begin trading using Directshares, you need to deposit $100. Certain commissions while trading also apply. Any processing fees from your bank might need 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 agent with 10,000+ clients.
Where is the Directshares head office?
Directshares has its head office in Australia
Does Directshares offer negative balance protection?
Yes, Directshares has Negative Balance Protection. It is specially offered when the market volatility keeps clients from allowing their accounts go in the red. In such a scenario, Directshares offers the ability to reset a clients account balance to zero.
You are able to go through the critical stipulations on Directshares's site to comprehend their policies better.
Does Directshares offer guaranteed stop loss?
Yes, Directshares provide a guaranteed Stop Loss order.
If there is no free margin left together with the customer, Directshares will cease your positions. If the losses in the ceased out location exceeds your account balance, you may encounter a negative account balance.
Does Directshares allow scalping?Yes, Directshares do allow scalping. Many traders across the world choose Directshares for their services that are trading. 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?
Yes, Directshares accepts bank transfers for depositing money.
Does Directshares accept credit cards?
Yes, Directshares accepts credit cards for depositing money.
Does Directshares accept PayPal?
No, Directshares does not accept PayPal.
Does Directshares accept Skrill?
No, Directshares does not accept Skrill.
Does Directshares accept Payoneer?
Yes, Directshares accepts Payoneer for depositing money.
Does Directshares accept Neteller?
No, Directshares does not accept Neteller.
Does Directshares offer Live Chat customer support?
Yes, Directshares offers customer support through live chat.
Does Directshares offer phone customer support?
Yes, Directshares offers customer support over the telephone.
Does Directshares offer email customer support?
Yes, Directshares offers customer support through email.
What languages can Directshares communicate in?
Directshares has the ability to communicate and support customers who speak: English, and Chinese
Does Directshares have a wikipedia page?
No, Directshares does not have an official wikipedia page.
Does Directshares offer demo accounts?
Yes, Directshares offers virtual portfolio accounts so you can learn their systems before risking any real money. Inexperienced traders can open a demo account in order to better understand the aspects of Forex trading and test out some of Directshares's features before getting a live account.