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 brokerage, so many facts will be perplexing for you. Getting into the area of trading requires expert analyzing skills and comprehensive knowledge. You will get adept at all the concepts of brokerage since you keep trading. For starters, you need to choose the right broker who'll be transparent with you always.
Within this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment program will generate hefty returns. Directshares is one such platform which will take you and your investment into great heights. It is crucial that you understand about Directshares until you trust them with your cash.
Our full Directshares Review covers all you will need to know about trading using Directshares. A fantastic agent can multiply your first investments and give you favorable profits. If you want to make profits, you must trade with a broker service that aligns with your investing goals.
There's absolutely no sure-fire way to ensure profits; thus, you should carefully assess your agent before you choose them. It's a frequent misconception that all brokers will be the same, but that is not true. Wrong judgment, initially, can set your investments in danger.
Directshares is a broker which has forged its way successfully into the brokerage world. In this review, we have attempted to collate some of the important facets of Directshares. This review can help you to understand whether Directshares is a fantastic fit for your investments or not. We've attempted to breakdown all of the qualities and fees 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?
- 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 range of tools for trading. Since its establishment in 2007, Directshares has emerged as a top-tier player in the industry of online brokerage. Directshares has an extremely competitive and full-featured trading website that is focused on forex, indices, metals, stocks , commodities.
Over the past 14 years, Directshares has grown into one of the leading online brokers.
After launching in 2007, their client base is becoming as big as 10,000+ clients.
Directshares is a favorite of many dealers.. Our Directshares review discovered that they're an excellent choice for automated trading solutions. They're most appropriate for investors that are looking for a variety of assets. Social and automated trading options are the heart at Directshares.
Technology plays a substantial role at Directshares. Directshares offers trading on MT4,iOS,MacBook,iPhone. Directshares is fair, transparent, and a well-regulated agent by the The Portuguese Securities Market Commission (CMVM). Their outstanding array of resources will be beneficial for the majority of traders. Third-party partnerships also provide in-house research.
The trader resource department at Directshares is very enlightening for new traders as it allows them to get a closer look at the financial markets. Directshares caters to all types of traders and are a must-have broker for almost 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.
Everything you ought to know about trading with Directshares
Directshares is a lively platform that offers various procedures of online trading. These instruments cover the financial markets substantially. The Majority of the brokerage platforms offer fewer procedures than Directshares
If you wish to trade with Directshares, you will require a minimum deposit of $100. This deposit is required if you would like to start trading with Directshares. This 2021 Directshares review will guide you safely about trading with them.
Directshares is as versatile as any other brokerage platform. Directshares is excellent for traders who want a manageable range of low-cost services. The platforms provided by Directshares are third party, white-label offerings. All traders may pick from MT4,iOS,MacBook,iPhone.
Along with everything, Directshares has multiple benefits to new and verteran traders and should be investigated. There's absolutely no minimum time over which a trade has to be kept open. The agents offer premium client service that rewards clients with advantages.
Many unethical brokers attempt to pressurise customers into larger funding for superior services. Directshares, on the other hand, is much more concentrated on trading volume. Traders can expect trading conditions to be fair, honest and transparent. The more lots traded by the consumer, the greater advantages will become available.
Directshares accounts are available around the world and provides excellent 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:
Is Directshares Safe To Trade With?
Launched in 2006, 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 ensure that trading platforms have ploicies in place to keep investor's resources secured. This means that Directshares users don't need to be worried about their money as it's segregated and safely stored in established banks. SSL encryption simplifies each user's personal information also.
You can make use of an option for Two Factor Authentications (2FA) with Directshares for increased safety. An SMS for the confirmation code will be sent to a mobile phone. You'll be required to enter this code to log into your accounts.
Another concern with financial brokers with respect to security might be manipulation of trading. This is highly disadvantageous for consumers on those platforms. However, this is more widespread in the example of Market Maker brokers who compete with customers on the platform.
Pro's & Con's Of Trading With Directshares
Every online trading platform has some 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
|Directshares||Fidelity||Invast Global||Windsor Brokers|
|Regulated By||The Portuguese Securities Market Commission (CMVM)||Financial Conduct Authority (FCA), Financial Industry Regulatory Authority (FINRA), Securities and Exchange Commission (SEC)||Australian Securities and Investment Commission (ASIC)||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 strong set of rules for ensuring fair trading on its own platform. For information encryption functions, it supplies an industry-standard secure socket layer (SSL).
As per the company's privacy regulations, customer data is to not be shared with some other institutions or individuals. This includes 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 begin on Directshares is $100. This is a decent amount for those just starting out. You can create more complex residue as you cooperate. But, ensure you know how to make the most of your cash before investing larger amounts.
Directshares Review - Commission And Fees Explained
Directshares is an online broker platform, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the businesses of online brokerages are scaled much better. That is, an online broker isn't necessarily affected by the number 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 three types of fees for this objective.
The first kind of charges to keep an eye out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you are billed trading fees. In such instances, you're paying a spread, funding rate, or a commission. The sorts of trading charges and the rates differ from broker to broker.
Commissions can be fixed or determined by the traded volume. On the flip side, a spread denotes the difference between the buying and selling cost. Financing or overnight rates are those that are billed when you maintain a leveraged position for more than a day.
Apart from trading fees, online agents also charge non-trading fees. These are dependent on the activities you undertake on your accounts. They are charged for operations like depositing cash, not investing for lengthy periods, or withdrawals.
In general, Directshares doesn't charge high fees in comparison to other online agents. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for people who often exchange, for example daily or weekly trading.
But, non-trading fees charged by Directshares are relatively lower. As a result, you are billed more for non-trading activities on your trading accounts, such as deposits and withdrawal. These are not related to the sale and purchase of resources.
This Directshares review breaks down each of the applicable non-trading charges for you in detail.
Compare broker fees against Directshares
|Directshares||Fidelity||Invast Global||Windsor Brokers|
|CFD Fees||0.06%- 0.30%||No|
Directshares Review - Withdrawal Fees Explained
Directshares charges a withdrawal fee if you create a bank transfer. Every time you transfer money back into your bank account, these withdrawal fees become applicable.
Withdrawal of cash is possible at any time from your Directshares account. You can draw up sums to the amount of your account balance, keeping aside the perimeter used. One thing to remember is that you don't necessarily need to have any money on your accounts.
Moreover, the withdrawn money will be moved directly to the accounts you use to make deposits. Therefore, in the event that you used a credit card for deposits, then the withdrawn money 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 case you are withdrawing cash in various currencies from USD, a conversion fee is also applicable. The conversion fee will depend on the money you are opting to draw in.
Directshares Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is only one of those buzzing questions that run through your head when open an account with Directshares. An inactivity fee is an amount charged to registered traders who have not engaged in buying or selling for some time. The period regarded as inactive is determined by the broker.
The inactivity fee also differs from one broker to another and is not standardized. If a traders account does not have a purchasing or selling transaction, it is maintained by the broker as an inactivity charge. The traders need 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 pop in and out of your account as needed
Even if no fees are indicated by Directshares, it's better that you close the account if you are inactive. Inactivity fees are not only charged by broker companies but also many financial services.
For additional trading platforms, the inactivity fee depends upon the type of account you have chosen. The inactivity fee is exposed to a lot of conditions and needs to be disclosed clearly by the agent beforehand.
Directshares Review - Deposit Fees Explained
When you move money in your trading account by the bank account, a deposit fee can be billed by the broker. Most agents 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 simple. You just have to finish a single-user profile questionnaire to start depositing money into your trading account. You will have to give an identity evidence and proof of residency to deposit substantial sums.
Directshares Review - Compare Broker Deposit Methods
|Directshares||Fidelity||Invast Global||Windsor Brokers|
What Can You trade With Directshares?
Note: Directshares offers a lot of different trading instruments due to regulatory restrictions in a few countries. Trading instruments offered will differ 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 currency pairs is of interest to you then Directshares offer over forex pairs.
Compare Directshares, Fidelity, Invast Global & Windsor Brokers below.
Alternatives To Directshares
If, after reading this Directshares review, Directshares does not meet your requirements check out these Directshares alternatives.
We've 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 provides 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 register to get a demonstration account on Directshares, you will set out with a decent amount of virtual currency. It's to establish a feeling of safety and confidence in you until you decide to spend your own money.
With this digital Directsharesdemo account, you are able to experiment at all, to whatever length you desire. You might even open positions, test different trading approaches, and more.
Directshares specifies on its official website which you are able to trade real time stocks with your demo account.
Is Directshares safe?
You can drop all of your worries because we believe that Directshares is completely safe to use. It's in compliance with the rules 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 a number of methods to finance your accounts 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 can be at your disposal for depositing funds. You must keep in mind that PayPal is not available in every country. The currencies Directshares
Is my money safe with Directshares?
Yes, your cash is safe and protected with Directshares. As you know, Directshares works with good conformation to. It's established plenty of measures to guard all its investors.
Directshares protects its clients' personal and sensitive information under SSL encryption. Your funds will be kept highly secure in top-tier banks.
If you want to further protect your accounts, it is possible to enable Two-Step Verification as well. It takes an SMS confirmation that you access your account.
Is Directshares trading good?
Yes, trading via Directshares is a nice and good experience indeed. It's a great and intuitive platform with helpful features for your simplicity. Moreover, you can even gain access to a vast collection of educational tools and assistive material to kickstart your trading expertise.
If you remain skeptical, you can open a eToro demo account and evaluate the credibility of the platform for yourself.
Which Countries does Directshares support?
Directshares operates across the world. 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 a great agent, and its own users can vouch for it. The highlight of the platform is its fast order execution on trades.
You will discover the clean design of the platform and the admirable features that 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 currently one of the industry leaders. It supports over 10,000+ registered customers and over 14 years of expertise on its own record. They're among the world's leading trading platforms and also a dominant figure in the Fintech revolution.
It majorly owes this status to its incredible platform and broad range of resources plus tools so you may invest in 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?
Through Directshares, many traders earn a great deal of money. However, typically, through consistent trading, you also can create between 2% - 10% profit a month.
This may seem to be a small number, but over the year, this adds to a significant number of gains. Even though Directshares provide you all of the tools to earn money, they can't guarantee that you will profit.
Does Directshares have fees?
Yes. To start trading using Directshares, you need to deposit $100. Particular commissions while trading additionally applies. Any processing fees from your bank will 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 broker with 10,000+ customers.
Where is the Directshares head office?
Directshares has its head office in Australia
Does Directshares offer negative balance protection?
No. Directshares doesn't provide negative balance protection. If your balance is unfavorable, Directshares suggests that you promptly contact client services. With this, you can fix any imbalances within your own account.
Does Directshares offer guaranteed stop loss?Directshares regrettably, doesn't offer guaranteed stop loss. Directshares gives an opportunity for its dealers to close their trade at their given price. Aside from this, Directshares doesn't offer guaranteed stop loss.
Does Directshares allow scalping?Yes, Directshares do permit scalping. Many traders across the world select Directshares for 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.