Introduction
Forex-Shark.com is a forex broker that has been in operation since 2018. The company is based in Bulgaria and is regulated by the Financial Supervision Commission (FSC). Forex-Shark.com offers the MetaTrader 4 and MetaTrader 5 trading platforms. The company provides access to the forex market, as well as CFD and cryptocurrency trading.
Company Overview
Forex-Shark.com is an online broker that offers forex and CFD trading. The company is headquartered in Belize and is regulated by the International Financial Services Commission (IFSC).
The broker offers two account types: a standard account and a VIP account. The standard account requires a minimum deposit of $250, while the VIP account requires a minimum deposit of $50,000. Both accounts offer leverage of up to 1:500 and spreads from 0.0 pips.
Forex-Shark.com uses the MetaTrader 4 (MT4) platform for trading forex and CFDs. The broker also offers mobile trading apps for Android and iOS devices.
Pros:
– Regulated by the IFSC
– Two account types available
– Leverage up to 1:500
– Spreads from 0.0 pips
– Uses the MT4 platform
– Mobile trading apps available
Cons:
Regulatory Oversight
Forex Shark is an online broker that offers forex and CFD trading. The company is based in the Marshall Islands and is not regulated by any financial authority. However, it does have a license from the Marshall Islands Financial Services Authority (FSA).
The lack of regulation by a major financial authority means that there is no real protection for investors if something goes wrong with Forex Shark. However, the company does seem to be doing everything it can to be as transparent and professional as possible.
The main selling point of Forex Shark is its low fees. The company charges no commission on trades and has very low spreads. It also offers leverage of up to 1:500, which is much higher than what is offered by most brokers.
Overall, Forex Shark seems like a decent broker with some good features. However, the lack of regulation is a major downside.
Trading Platforms
When it comes to trading platforms, Forex-Shark.com offers a few different options. There is the standard web-based platform, as well as mobile versions for both Android and iOS devices. The web-based platform is straightforward and easy to use, with all of the features and tools that most traders need. The mobile apps are also well designed and offer most of the same features as the web platform.
One thing to note is that Forex-Shark.com does not offer MetaTrader, which is one of the most popular trading platforms in the industry. This may be a drawback for some traders, but it’s important to keep in mind that Forex-Shark.com is still a fairly new broker and they may add MetaTrader in the future. Overall, the trading platforms offered by Forex-Shark.com are good, but they could be improved by adding MetaTrader.
Pros and Cons
When it comes to forex trading, there are a lot of different opinions out there. Some people swear by it, while others think it’s a huge scam. So, what’s the truth? Is forex trading a good way to make money, or is it a dangerous gamble?
To help you make up your mind, we’ve put together a list of the pros and cons of forex trading. Let’s start with the pros:
1. You can make a lot of money.
If you know what you’re doing, you can make a lot of money from forex trading. The key is to be disciplined and to stick to your strategy.
2. It’s exciting.
For some people, the excitement of forex trading is part of the appeal. If you like feeling like you’re in the middle of the action, forex trading could be for you.
3. You can trade any time, anywhere.
Thanks to technology, you can now trade forex online from anywhere in the world. All you need is an internet connection and a computer or mobile device.
Now let’s take a look at some of the cons:
1. You can lose money as well as make it.
Of course, one of the biggest disadvantages of forex trading is that you can lose money as well as make it. Unlike some investments, there is no limit to how much money you can
Trader Feedback
Forex-Shark.com is a reliable source of information for forex traders. The website offers a wide range of resources, including an extensive forex broker database, forex news and analysis, educational materials, and more.
Trader feedback is positive overall, with many traders rating the site as a helpful resource. Some common complaints include the lack of customer support and the difficulty of withdrawing funds from Forex-Shark accounts.
Conclusion
Forex-Shark.com is a reliable and well-regulated forex broker that offers a great selection of platforms and features for traders of all levels of experience. The company’s customer service is excellent, and traders can feel confident that their funds are safe and secure. Overall, we believe Forex-Shark.com is a great choice for both beginner and experienced forex traders.