Search

SHARECO BROKERAGE COMPANY foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website http://shareco.com.jo/index.aspx, about the company's legal and temporary regulatory information, the company's address Al-shmisani - Essam Ajlouni Street - shareco complex number (60) on the second floor..

SHARECO BROKERAGE COMPANY Forex Broker

Basic Information

Registered Region
Jordan
Operating Period
--
Company Name
SHARECO BROKERAGE COMPANY
Abbreviation
SHARECO BROKERAGE COMPANY
Company employee
--
Customer Service Email Address
info@shareco.com.jo
Contact Number
+96265100700
Company address
Al-shmisani - Essam Ajlouni Street - shareco complex number (60) on the second floor.
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Rating Index

  

Shareco Brokerage Company - Complete Information Guide

  

1. Overview of the Broker

  Shareco Brokerage Company, founded in 2006, is a private financial brokerage firm headquartered in Amman, Jordan. The company operates primarily in the financial services sector, specializing in portfolio management and brokerage services in capital markets. With a workforce ranging from 11 to 50 employees, Shareco has established itself as a significant player in the region's financial landscape.

  The firm's primary market includes local and regional capital markets, catering to individual and institutional clients looking for comprehensive financial solutions. Shareco's development has been marked by key milestones, including its registration with the Ministry of Industry and Trade on January 19, 2006, and its listing on the Amman Stock Exchange on April 16, 2008. The company focuses on providing a range of brokerage services, including acting as a financial broker at the Amman Stock Exchange, purchasing and selling securities in both regional and international markets, and offering investment consulting services.

  As a brokerage firm, Shareco operates under a for-profit model, emphasizing retail forex services and institutional brokerage solutions. This diverse business model allows Shareco to meet the varying needs of its clients effectively.

  Shareco Brokerage Company broker is committed to delivering high-quality financial services tailored to the specific requirements of its clients, making it a trusted name in the brokerage industry.

  

2. Regulatory and Compliance Information

  Shareco Brokerage Company is regulated by several key authorities in the financial sector. The primary regulatory body overseeing its operations is the Jordan Securities Commission. The company holds a regulatory license number that ensures compliance with local and regional financial laws.

  The regulatory licenses held by Shareco are valid for an indefinite period, subject to adherence to the regulations set forth by the governing bodies. The company operates as a legal entity under Jordanian law, with a commitment to maintaining compliance with all applicable rules and regulations.

  To protect client interests, Shareco implements a robust client fund segregation policy, ensuring that customer deposits are kept separate from the company's operational funds. This practice enhances the security of client assets and builds trust in the brokerage's operations.

  Additionally, Shareco participates in an investor compensation fund, providing an added layer of protection for its clients in the event of financial difficulties. The firm adheres to stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, ensuring that all client transactions are conducted transparently and legally.

  Shareco Brokerage Company broker is dedicated to maintaining the highest standards of regulatory compliance, ensuring a secure trading environment for its clients.

  

3. Trading Products and Services

  Shareco Brokerage Company offers a diverse array of trading products and services designed to meet the needs of various clients. The firm provides access to a wide range of forex currency pairs, including major, minor, and exotic pairs, allowing traders to engage in comprehensive forex trading activities.

  In addition to forex, Shareco offers Contracts for Difference (CFDs) across several categories, including indices, commodities, stocks, and cryptocurrencies. This extensive product offering enables clients to diversify their investment portfolios and capitalize on market opportunities.

  The company frequently updates its product offerings, introducing new trading instruments based on market demand and trends. Shareco also provides retail trading services, catering to individual traders looking for competitive pricing and flexible trading conditions.

  For institutional clients, Shareco offers tailored solutions, including white-label services that allow other financial institutions to leverage its trading infrastructure and technology. Additionally, the company provides asset management services, helping clients manage their investment portfolios effectively.

  By offering a comprehensive suite of trading products and services, Shareco Brokerage Company broker positions itself as a versatile and client-focused brokerage firm in the financial markets.

  

4. Trading Platforms and Technology

  Shareco Brokerage Company supports the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, providing clients with powerful tools for trading and market analysis. These platforms are known for their user-friendly interfaces, advanced charting capabilities, and automated trading features, making them ideal for both novice and experienced traders.

  In addition to MT4 and MT5, Shareco has developed its proprietary trading platform, which offers unique features tailored to the needs of its clients. The platform is accessible through web browsers, ensuring that traders can manage their accounts and execute trades from any location.

  Shareco also provides mobile applications compatible with both iOS and Android, allowing clients to trade on the go and stay updated with market movements in real-time. The brokerage employs various execution models, including ECN (Electronic Communication Network) and STP (Straight Through Processing), ensuring efficient trade execution and competitive spreads.

  The company's technical infrastructure includes strategically located servers that enhance trading speed and reliability. Shareco also supports API access for automated trading, enabling clients to implement algorithmic trading strategies seamlessly.

  By leveraging advanced technology and trading platforms, Shareco Brokerage Company broker ensures a superior trading experience for its clients.

  

5. Account Types and Trading Conditions

  Shareco Brokerage Company offers various account types to accommodate the diverse needs of its clients. The standard account requires a minimum deposit, with competitive spreads and commission structures designed to provide value to traders.

  For clients seeking enhanced trading conditions, Shareco provides premium account types, such as VIP and professional accounts, which offer lower spreads and additional benefits. The brokerage also caters to specific client needs with Islamic accounts that comply with Sharia law, ensuring that clients can trade without incurring interest.

  A demo account is available for clients who wish to practice their trading strategies without risking real funds. This account type allows users to explore the trading platform and familiarize themselves with market dynamics.

  Shareco offers a flexible leverage range across different products, enabling clients to manage their risk effectively. The minimum trade size and overnight fees are clearly outlined, ensuring transparency in trading conditions.

  By providing a variety of account types and favorable trading conditions, Shareco Brokerage Company broker caters to a broad spectrum of traders, from beginners to seasoned professionals.

  

6. Fund Management

  Shareco Brokerage Company supports multiple deposit methods, including bank transfers, credit cards, and various e-wallets, ensuring clients have convenient options for funding their accounts. The minimum deposit requirements vary by account type, allowing clients to choose an option that best suits their financial situation.

  Deposit processing times are generally swift, with most transactions completed within a few hours. However, some methods may take longer, depending on the financial institution involved.

  The brokerage maintains a transparent fee structure for deposits, with most methods being free of charge. However, clients are advised to check for any potential fees associated with specific deposit methods.

  Withdrawals can be made through the same methods, with clear limitations based on the account type and withdrawal method chosen. Shareco strives to process withdrawal requests promptly, typically within a few business days.

  The fee structure for withdrawals is also transparent, with clients informed of any applicable charges before processing their requests.

  With a focus on efficient fund management, Shareco Brokerage Company broker ensures that clients have a smooth experience when depositing and withdrawing funds.

  

7. Customer Support and Educational Resources

  Shareco Brokerage Company provides robust customer support through various channels, including telephone, email, live chat, and social media platforms. The support team is available during business hours, ensuring timely assistance for clients across different time zones.

  The brokerage offers multilingual support, catering to a diverse client base and enhancing communication with international clients. This commitment to customer service ensures that clients can receive help in their preferred language.

  To empower traders, Shareco provides a wealth of educational resources, including webinars, tutorials, and e-books covering various trading topics. These resources are designed to enhance clients' trading skills and market knowledge.

  The company also offers market analysis services, providing clients with daily updates, news, and comprehensive research reports to aid in their trading decisions. Additionally, Shareco provides various trading tools, including calculators and economic calendars, to help clients plan their trading strategies effectively.

  By offering extensive support and educational resources, Shareco Brokerage Company broker ensures that clients are well-equipped to navigate the financial markets successfully.

  

8. Geographic Coverage and Restrictions

  Shareco Brokerage Company primarily serves clients in the Middle East, North Africa, and select regions in Europe and Asia. The company has established a presence in these markets, providing localized services tailored to the needs of clients in different regions.

  While Shareco has a broad geographic reach, there are certain countries and regions from which it does not accept clients. Specific restrictions apply to jurisdictions that have regulatory limitations or where the brokerage cannot ensure compliance with local laws.

  The company continually assesses its market presence and may adjust its service coverage based on regulatory changes or market demand. This proactive approach ensures that Shareco remains compliant while providing clients with access to its services.

  With a focus on regional expertise and compliance, Shareco Brokerage Company broker is committed to serving its clients effectively while adhering to regulatory requirements.

SHARECO BROKERAGE COMPANY Similar Brokers

Unverified
Standard
No license plate
1.54
Score
ICL
ICL Forex Broker - Complete Information Guide   1. Broker Overview   ICL Markets
1.54
Score
 IMF
IMF Forex Broker - Complete Information Guide   1. Overview of the Broker   IMF
1.54
Score
CHIRON
Chiron Forex Broker - Complete Information Guide   1. Overview of the Broker   C
1.54
Score
IFA
IFA Forex Broker - Complete Information Guide   1. Broker Overview   IFA Brokers
1.54
Score
Northstar
Northstar Forex Broker - Complete Information Guide   1. Broker Overview   North
1.54
Score
IFC
IFC Forex Broker - Complete Information Guide   1. Broker Overview   IFC Markets
1.54
Score
Unverified
BX
No license plate
1.55
Score
BRC
BRC Forex Broker - Complete Information Guide   1. Broker Overview   BRC Broker,
1.54
Score
Unverified
Mirae Asset
No license plate
1.60
Score
Revoked
Anfore FX
No license plate
1.60
Score
Revoked
RiseHill
No license plate
1.60
Score
Unverified
MahiMarkets
1.60
Score
Unverified
UBFX
No license plate
1.61
Score
Revoked
I-Access
No license plate
1.60
Score
Revoked
Forwin
Forwin Forex Broker - Complete Information Guide   1. Broker Overview   Forwin H
1.60
Score
Unverified
Manlong
No license plate
1.60
Score
Unverified
Safe Gold
No license plate
1.60
Score
Revoked
IMS FX
No license plate
1.60
Score
Revoked
TIGER
No license plate
1.60
Score
Clone Firm
Taijin
No license plate
1.60
Score
1.59
Score
1.60
Score
1.59
Score
Unverified
HKFX
No license plate
1.60
Score
1.59
Score
1.59
Score
Profiforex
Profiforex Forex Broker - Complete Information Guide   1. Broker Overview   Prof
1.59
Score
Unverified
24option
No license plate
1.59
Score
1.60
Score
Revoked
Fidelis CM
No license plate
1.59
Score
Unverified
ForexMart
Forexmart Broker - Complete Information Guide   1. Overview of the Broker   Fore
1.59
Score

Latest Reviews

Nguyễn Huân

Nguyễn Huân

United States

Shareco Brokerage Company's website has only some languages in the Middle East, which may be Arabic. If you don't understand, don't waste time there.

37130

2023-03-03

SHARECO BROKERAGE COMPANY Forex Broker has an overall rating of 1.54, Regulatory Index 0.00, License Index 0.00, Business Index 7.26, Software Index 4.00 Risk Control Index 0.00.
SHARECO BROKERAGE COMPANY