ShareHolders is the platform deceiving investors that it’s the right place for investing in the forex market. The platform has recently been making the wrong waves thanks to blocking withdrawals. Members have been complaining of constant delays in withdrawing, which is a huge problem. There’s no reason why a platform should block clients from accessing funds. Please find out more in our exclusive SHAREHOLDERS REVIEW.
The platform does a great job of creating an engaging website. ShareHolders has one of the most exciting web layouts we have seen. And this is a compelling way for investors to trust the platform easily.
You might dismiss a website due to the aesthetics. And this is what shareholders.com tries to avoid and creates a professional-looking website. Everything from the content to the imagery fits perfectly on the platform.
On their about us page, the platform claims the platform is for the new generation. The concept is creating a new trading reality for investors. With a claim to redefine the concept, their talk will convince just about anyone to sign up.
You should invest in transparent platforms with a proven track record. These platforms guarantee a safe investing and trading environment. In addition, you should be on the lookout for groundbreaking investment strategies making waves.
Those who have been signing up with Share Holders recently have had an uphill battle for control. None of them has access to their trading accounts. Those who do manage to withdraw only get to withdraw partial amounts.
The first step to finding the right platform requires thorough research. It would be best if you did due diligence before committing funds to any platform. Make sure you get to hear what others are saying about a particular platform.
ShareHolders offers four investment plans, and all come with different features. The four accounts include Bronze, Silver, Gold, and Platinum. Leverage increases as you move towards the more exclusive accounts.
Here’s a closer look at the four investment plans;
Bronze
The accounts come with spreads of 2.8 pips with over 50 currency pairs and 45 CFDs. You don’t get any EAs with the platform providing a personal account manager. Members must deposit $250 to get started with the platform.
Silver
For the silver account holder, there’s a minimum deposit amount of $2,000. Spreads start from 2.5 pips with maximum leverage set at 1:200. News trading and scalping are allowed with this trading account.
Gold
With the gold account, spreads start from 1.5 pips, and the acceptable minimum deposit is $10,000. The account sets maximum leverage of 1:300 with a stop-out level set at 5 percent. Execution with this account includes Market, No requotes, and STP.
Platinum
It’s the most exclusive account, with investors having to deposit $50,000 to get started. The platform mainly targets institutional investors. Spreads start from 0.1 pips, and leverage is set at 1:400.
All accounts come with a dedicated account manager whose role is to offer financial advice. It’s not the case, as members have been complaining about harassment. These account managers are constantly calling members with claims of having lucrative investment opportunities.
The account manager wants members to deposit more funds and wait for the profits to soar. Unfortunately, it’s not the case as Tim is now desperately looking to recover his funds. Tim is one of the few members who saw an opportunity and decided to fund the project.
To this day, the account manager fails to pick Tim’s calls, and it’s getting frustrating for him. Support is not helping him in any way, and instead, they have replaced the account manager. Instead of offering advice, they completely take advantage of investors.
Cato Flow Tech LLC is the entity listed as the site’s owner. It’s apparently clear this is an offshore-based platform. We know why trading platforms prefer having their address in St. Vincent and the Grenadines.
Since there are no strict regulatory guidelines, it makes it the perfect place for platforms. However, our investigation on the entity found no such registered company. Instead, the company is a ghost and doesn’t have any records of registration.
It makes ShareHolders an anonymous investment platform. We don’t have the names of the people working behind the curtain. And this is why you should stay away from it or risk losing your funds.
There’s no way you can get a hold of these brokers or a live representative. The contact page only has a forwarding email and a UK phone number. We believe the platform is using the services of a phone service provider.
And that’s why we believe the platform wants to control the communication process. You can’t talk directly to them, but they can easily reach you. The mind games they play is to ensure you believe they take you as a valued client.
Funding your accounts with Share Holders is straightforward. To ensure anyone in the world can fund their accounts, they avail several deposit methods. You can deposit funds using a bank and wire transfer.
Withdrawing funds with this platform is another ball game. No one gets to withdraw funds which is a huge problem. The platform limits withdrawals to less than $200 per member. Those with the Basic account can only withdraw $50.
It makes it a risky investment platform as they don’t indicate their withdrawal terms. When looking for a suitable investment platform, confirm whether withdrawal is possible. Make sure you read and understand the withdrawal terms and how the process works.
ShareHolders does not hold any trading license and, as such, has no regulation. Therefore, it operates without any legal framework putting your funds at risk. Without a legal framework, the platform can impose any trading conditions.
And this is why it’s critical to have a platform with a valid license. It helps you enjoy fair trading practices. Go for platforms regulated by official bodies such as ASIC, FCA, NFA, and the SEC. Other notable regulators include BaFIN, CFTC, CNMV, CONSOB, CySEC, FINMA, and more.
Regulators ensure all parties adhere to strict trading rules. No party gets to take advantage of investors. And this is the best way to trade and have a guarantee your funds are safe. Avoid platforms from offshore-based locations and unregulated entities.
Instead of availing world-class trading platform, you get a custom-made platform. The problem with such terminals is instability and lack of advanced tools. Therefore, we recommend you go for MT4, MT5, and SIRIX trading platforms.
With the three mentioned platforms, you get a chance to use advanced trading tools. These include over 50 indicators and technical analysis tools. In addition, you also get a chance to improve your trading thanks to demo and educational materials.
Your funds are far from safe with a platform that doesn’t have any license. There’s no insurance cover for deposits made by clients. We also suspect the platform is pooling funds in one account. And this puts your funds at risk.
The platform does not segregate accounts which might lead to heavy losses. In the event of bankruptcy and insolvency, the platform is likely to lose the funds. No member will receive any compensation when this happens.
We won’t be recommending an anonymous, offshore, and unregulated platform. You need to stay away from such platforms and avoid financial risk.
Go for industry-backed investment platforms with a proven track record. These platforms guarantee users a safe investment environment.
Feel free to leave a comment or send us an email with any queries.
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