ShareFounders, Forex Broker Based in HK
ShareFounders broker is a new offshore MT4 Forex broker, which launched in April 2019. It is owned and managed by a company called: Bitrix Tech Limited, with reg num 2896674.
It is at Unit 1411, 14th Floor, Cosco Tower, 183 Queen’s Road Central, Sheung Wan, Hong Kong. Its contact phone number is in the United Kingdom: +442894548782.
Its customer support email is: [email protected] and official website is: https://www.ShareFounders.net/.
It is a progressive global forex brokerage operating out of Hong Kong. The broker offers the account types listed above and access to the industry-leading MetaTrader4 platform.
Despite this attractive offer, all the details are not quite so simple. ShareFounders is registered under the name Bitrix Tech Limited in Hong Kong.
They can safely conclude that the brokerage is not among the list of licensees. That is after a needless checking of the registry of the SFC.
ShareFounders review finds that the goal of this brokerage is empowering clients. They want to empower amateur and professional traders as they trade in global financial markets.
ShareFounders is Safe from Frauds and Scams
Traders will not have to run the risk if they choose to trade with a regulated brokerage like ShareFounders. A prestigious regulatory agency authorizes the broker.
ShareFounders news reports agencies like the FCA in the UK or CySec in Cyprus have been top names in Forex trading. Their regulatory framework, which consists of a number of strict rules, protects clients from frauds and scams.
Such rules include the segregation of accounts with the assurance that commingling with the client’s money is not possible. Furthermore, a license by such a regulatory body entails participation in a financial mechanism. It is through this that clients may be compensated if they suffer losses due to fraud or bankruptcy.
Trading is Easier with ShareFounders
They use modern technology to advance their trading platforms and to trade with a wide range of instruments. Moreover, they have a transparent policy that allows easy deposit and withdrawal options. They want to prove their credibility in this competitive field, while they also offer perks.
As they are all experienced traders in ShareFounders, they have created an ease of trading for clients. Traders have full freedom, as they allow investors to create and improve their trading strategies on MT4.
In addition, they will receive assistance from professional financial advisors and analysts. In the end, they are free to move the assets as they wish. The best forex traders gain experience through both rises and falls.
They are offering their investors and day traders the classic MT4 (Meta Trader 4) CFD trading app. One will find the desktop MT4 with the webtrader, and the basic MT4 mobile app for Android & iOS. One will be able to create multiple demo trading accounts, to play with the software and practice their trading strategy.
They offer a wide variety of assets to trade including; 50 Forex / Currency pairs, and Commodities (oil, gold silver). Furthermore, they offer Indices and CFD’s for shares trading.
The standard leverage available is 1:300. That’s because they are not a regulated broker, as a regulated broker, the maximum leverage offered is 1:30. Moreover, the minimum deposit requirement for a new trading account is $250.
They offer bonus money to new clients. However, it is important to understand that this is a gimmick and not free money.
Readers are reminded that brokerages registered in Hong Kong have to be licensed by the Securities and Futures Commission (SFC). That is, in order to operate legally in the territory of the country. With all that, choosing ShareFounders is a wise move.
