Directshares
Ellevest
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Overview
Directshares was founded in 2007 and is headquartered in Australia, while Ellevest was established in 2008 and is based in USA. Directshares holds licences including The Portuguese Securities Market Commission (CMVM), while Ellevest is regulated by Unregulated among others. Directshares serves 10,000+ clients worldwide; Ellevest has 10,000+. The minimum deposit is $100 at Directshares and $1 at Ellevest.
| Feature | Directshares | Ellevest |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | The Portuguese Securities Market Commission (CMVM) | Unregulated |
| Founded | 2007 | 2008 |
| Country | Australia | USA |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Directshares and Ellevest, directly affecting your bottom line as a trader. Ellevest has a lower barrier to entry with a minimum deposit of $1 (vs $100 at Directshares). Both brokers charge withdrawal fees. Ellevest applies inactivity fees on dormant accounts; Directshares does not. Directshares charges deposit fees; Ellevest does not. Overall, Ellevest scores higher on fees in our assessment.
| Feature | Directshares | Ellevest |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | Yes |
| CFD Fees | No | Yes |
Platforms
Directshares offers MT4, MT5, cTrader, while Ellevest supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Directshares supports social and copy trading features, which Ellevest does not offer. The two brokers are closely matched on platform offering.
| Feature | Directshares | Ellevest |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4,iOS,MacBook,iPhone | Windows, Android, Mac OS, iOS |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Directshares and Ellevest compare. Directshares runs regular live webinars; Ellevest does not. Both provide video tutorials. Directshares publishes daily market commentary; Ellevest does not. Both integrate third-party research tools. Directshares maintains an archive of past webinars for on-demand viewing. Directshares scores higher overall in education and research.
| Feature | Directshares | Ellevest |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Directshares accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Ellevest supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Directshares | Ellevest |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Directshares and Ellevest offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Directshares | Ellevest |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |