ShareFounders Review

ShareFounders Review

Content List:

1. Who is ShareFounders?
2. What kind of account types are found at ShareFounders?
3. What kind of assets does ShareFounders offer?
4. Payment Options at ShareFounders
5. Additional Advantages of ShareFounders
6. Overall impressions for ShareFounders

ShareFounders – Forget Passive Income, Control Your Assets

Founded in 2013, ShareFounders managed to become one of the most famous brokers in the industry, and not for the reason you might think. Their philosophy stands out among their competitors. Since ShareFounders was actually created by real Forex traders, they know what the reality is behind investing.
There is no such thing as a passive income as a trader. If you are an investor who wants to get profits from trades, you need to be involved more than you think. Controlling your assets is one of the most important details in trading. Aside from that, they have managed to gain a good reputation for their services, which we will begin discussing now.

Who is ShareFounders?

ShareFounders is a forex broker managed and owned by Bitrix Tech Limited, with the registration number 2896674. Bitrix uses sharefounders.com as their domain. The goal of this brokerage is to empower amateur and professional traders to trade in global financial markets.

They use modern technology to advance their trading platforms, allowing trading with a wide range of instruments. They have a transparent policy, allowing easy deposit and withdrawal options to prove their credibility in this competitive field. We will discuss the payment perks below.

As they are all experienced traders, they created the ease of trading by allowing investors to create and improve their trading strategies on the MT4. You will receive assistance from a professional financial advisor and analyst, but in the end you are free to move the assets as you wish. Best traders gain experience through trial and error. 

What kind of account types are found at ShareFounders?

ShareFounders provides four different account types: bronze, silver, gold, and platinum. 

The bronze account is directed at newbies with a $250 minimum deposit. The perks are:

• Spreads: From 2.8 pips
• Commissions: No
• Execution: STP, Market, No requotes
• Leverage: 1:300
• Trading terminal: MetaTrader
• Account Currency: USD
• Symbols: 50 currency pairs,
• 45+ CFD
• Trade size: from 0,01 up to 50 lots
• Amount of open positions: Unlimited
• Stop Out Levels: 5%
• Personal account manager: Yes
• Scalping: Allowed
• News Trading: Allowed
• Expert Advisors: No

The silver account is aimed at traders who have experience, but want to test the platform first. The minimum deposit is $2000. The perks are:

• Spreads: From 2.5 pips
• Commissions: No
• Execution: STP, Market, No requotes
• Leverage: 1:300
• Trading terminal: MetaTrader
• Account Currency: USD
• Symbols: 50 currency pairs,
• 45+ CFD
• Trade size: from 0,01 up to 50 lots
• Amount of open positions: Unlimited
• Stop Out Levels: 5%
• Personal account manager: Yes
• Scalping: Allowed
• News Trading: Allowed
• Expert Advisors: Yes
  

Gold is for traders who have tested the platform and wish to begin trading seriously. The minimum deposit is $10,000. Its perks include: 

• Spreads: From 1.5 pips
• Commissions: No
• Execution: STP, Market, No requotes
• Leverage: 1:300
• Trading terminal: MetaTrader
• Account Currency: USD
• Symbols: 50 currency pairs,
• 45+ CFD
• Trade size: from 0,01 up to 50 lots
• Amount of open positions: Unlimited
• Stop Out Levels: 5%
• Personal account manager: Yes
• Scalping: Allowed
• News Trading: Allowed
• Expert Advisors: Yes

As you could have guessed, the platinum account was created for confident investors, who are ready to move big numbers and make large profits. The minimum deposit is $50,000. The perks are:

• Spreads: From 0.1 pips
• Commissions: No
• Execution: STP, Market, No requotes
• Leverage: 1:300
• Trading terminal: MetaTrader
• Account Currency: USD
• Symbols: 50 currency pairs,
• 45+ CFD
• Trade size: from 0,01 up to 50 lots
• Amount of open positions: Unlimited
• Stop Out Levels: 5%
• Personal account manager: Yes
• Scalping: Allowed
• News Trading: Allowed
• Expert Advisors: Yes

To qualify for any of the real accounts, you need to submit documentation required by the international anti-terrorist and anti-money laundering laws. Essentially this includes proof of identification, income, and so on. 

If you are a newbie and want to test your skills, you can also open a demo account. With a demo account you can gain the minimal knowledge you need to activate a real account. Instead of using real money, you will be using virtual currency. It is very easy to open and trade on a demo account, giving you a chance to learn about the forex industry. Demo account perks are:

• Experience real-time market environment
• Execute trades using virtual currency
• Access the MetaTrader 4 platform

What kind of assets does the broker offer?

You will gain access to the whole forex market, major, minor and cross, and exotic pairs. Also you will get access to major Indices, such as Dow Jones, NASDAQ, DAX, CAC, and more. You can also trade commodities with ShareFounders, mainly highly valuable metals.

ShareFounders also give you access to worldwide shares, so you can choose any stock of your liking and invest in it. Futures are also available, giving you a chance to buy/sell an asset at a set price in the future. This is a great option for controlling your assets to the maximum extent.

All of these options are available on the MT4 platform. According to the broker, these are the advantages of trading on the biggest platform in the world:

• Supports all major global trading instruments
• 100+ trading bots and 100+ technical indicators
• Simplifies tracking of real-time market movements
• The encrypted platform for data security and financial safety
• Intuitive and user-friendly interface for easy operations
• Multiple order execution modes

You can trade on the MT4 terminal, mobile, web, mac, and even get access to the official guide for the platform.

Payment Options

To deposit on real accounts, you can use debit and credit cards, as well as bank wires. The money will become available on your account according to the payment cycles of the chosen mode. Banks vary, but on average it takes about 3 days for the funds to appear on your account. There are no fees for wire transfers. However, credit cards and debit cards might need a 2.5% fee.

For withdrawals you have multiple options. You will be able to choose from the options once you request withdrawal. The time varies with different options. Cards takes 5-8 business days, and banks take up to 3 days.

ShareFounders mentioned some things to keep in mind when withdrawing:

• Processing time for withdrawal requests: 09:00 – 18:00 local time (GMT+2), working days only.
• Requests will only be honoured if the funds are transferred to personal accounts. No request will be acknowledged to process funds withdrawal sent to third party accounts.
• All requests placed after 18:00 will be processed the next working day.

Additional Advantages of ShareFounders

ShareFounders has an Introducing Broker program which allows you to make money by bringing clients to the platform. You can sign up to be an IB client if you are an independent financial advisor, website owner, blogger, or a trader with a keen interest in the Forex industry.

Overall impressions for ShareFounders

We are quite satisfied with the services that ShareFounders offers. They seem to have a solid range of account types, benefiting traders from most basic level to a professional level. Their money deposit and withdrawal methods are quite short, though proven in the industry. The IB program is also a huge advantage.