Shift holdings review
Shiftholdings is a forex and CFDs broker that was established in 2020. To my best knowledge, shift-holdings is relatively new and claim to be the best. However in this case, we will check the legitimacy and give you reply in our shift holdings review.
Note: as things move forward, changes occurs, we are not surprise to see planty brokers out there. Today, in the financial markets, so many things contribute to traders success. Therefore, If a broker is reliable, traders see it in their success. However if a broker is bad, you see it in their failure. Of course, making the choice of a good broker is difficult as we all know that it’s not easy to pick a zero (0) from a thousands of “o”.
Therefore, looking at shift holding broker, it’s fine and make trading easier. As checked, they offer 24/7 customer support to traders. They claim to offer mt4 trading platform, education, signals and bonuses. However, invsting with the broker is not bad we need to know who is behind this broker. But get 250% bonus for trading from videforex, read more.
Shiftholdings offers MetaTrader 4 platform which can access on web-based, android macOs. It comes with a variety of powerful interactive charts, analytical functions, and technical indicators. More-so, you can trade anywhere using MT4 for iOS and Android. However you can trade directly from your browser without any need to download and install software using WebTrader.
Choose from three trade execution modes, including Instant execution, as well as market execution. More-so pending, stop orders, and a trailing stop function. All these features is available at shift holdings platform.
Shiftholdings Account Types
Shift holdings broker offer 4 types of trading account which is not affordable. The minimum deposit for this account is $250, and $50,000 for the highest account.
Therefore, shift holdings account types available are: Bronze, Silver, Gold and platinum account.
Broze Account: This account type is for beginners. The minimum deposit is $250 and spreads start from 20.8 pips. However, there’s no commission for this account and leverage start from 1:100. More-so, there’s personal success manager, news trading is allowed and scalping is allowed.
Silver Account: In this account, the minimum deposit is $2000. However, spreads on this account starts from 2.5 and no commission. There’s a leverage up to 1:200 trading terminals is MetaTrader. Other features include scalping and news trading.
Gold Account: The gold account is best for big money. The minimum deposit is $10,000 and minimum trade size is 0.01 to 50 lot. However, in this account, there’s a spreads from 1.5 pips. No commission and leverage is 1:300. There’s a personal account manager, scalping is allowed and news trading is allowed.
Platinum Account: This account is the highest account type available. The minimum deposit is $50,000, and spreads start from 0.1 pips. There’s no commission in this account and leverage is 1:400. More-so, there’s a personal account manager and news trading.
Is Shift Holdings Legit?
Shift holdings is not legit, let us not paint words for you. However, in the process of our shift holdings review, we checked everything. And so many features disqualified the broker. Firstly, it is not regulated more-so, the minimum deposit is high. And all the account size looks bogus, their trading platform is not best. Though they offer MetaTrader software, which is best trading software. We cannot support the broker, it’s unclear to us.
The founder is a stranger, however other brokers we work with, is familiar to us. Therefore trading with shift holdings is not encouraging by fxctraders.com.
Therefore, Shift holdings broker claim to offer 24/7 customer support through out the week. However this customer support come as livechat, phone calls and emails. Therefore, traders will always get support for their trading platform and education.
For Phone: +442035143523 for E-mail:
Acording to their contact page, This site is owned and operated by Share Oracle Ltd. Located at Cnr Old and Church Street, P.O. Box 2290, Roseau, The Commonwealth of Dominica.
Is Shift Holdings Regulated?
Unfortunately, the broker shift holdings is not regulated. Though they are still new and might get regulatory approval in no time. But for now they do not have regulatory compliance, which is another red flag. If not recommended by an (IB) introducing broker, well known. It’s very bad to go for a broker with no regulatory compliance from ASIC and CYSEC. However all these fake brokers target uk and USA. To avoid them, if you are trading from this country, trade with ASIC regulated broker.
Demo Account: Yes
Min Deposit: $250
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Finally we will conclude our shift holdings review, no doubt we have addressed the issue if shift holdings is legit. Of course we didn’t and will not recommend shiftholdings rather we suggest NSBroker. If you check our last post before shift holdings review, you will see that scam come as a robot not just a broker. Be wise to avoid unnecessary problems from fake brokers, you can choose a broker from here.