ShareFounders

ShareFounders is a retail forex and CFD broker registered in Hong Kong, with an incorporation date of April 3, 2020. The company operates under the domain sharefounders.com. Our review found that the broker does not hold any regulatory licences from recognised financial authorities, a factor that significantly elevates its risk profile for traders.

Despite operating for several years, ShareFounders has not submitted to oversight by major regulators such as the FCA, ASIC, or CySEC. This absence of regulatory supervision means that traders do not benefit from investor protection schemes, dispute resolution mechanisms, or segregated client accounts mandated by regulated entities.

ShareFounders offers four account tiers: Bronze, Silver, Gold, and Platinum. The Bronze account has a minimum deposit of $250, while the Silver requires $2,000, Gold $10,000, and Platinum $50,000. All accounts offer a maximum leverage of 1:300, which is relatively high and can amplify both gains and losses.

The tiered structure targets traders with varying capital levels, but the high minimum for the Platinum account suggests a focus on high-net-worth individuals. However, without regulated status, such large deposits carry considerable counterparty risk.

Our known facts do not list the specific instruments or trading platforms offered by ShareFounders. Typically, brokers in this category provide forex pairs, indices, commodities, and CFDs on stocks. We cannot confirm what instruments are available, and the absence of this information on public records is a concern.

Traders should verify directly with the broker whether they offer a familiar platform like MetaTrader 4 or 5, or a proprietary solution. Without regulatory oversight, the quality and reliability of the trading infrastructure cannot be independently assured.

There is no public information regarding deposit and withdrawal methods for ShareFounders. Common methods among unregulated brokers include bank transfers, credit cards, and cryptocurrency. However, the lack of transparency on funding and withdrawal processes raises red flags.

Traders should exercise extreme caution before depositing funds with an unregulated broker, as recovering funds in the event of a dispute can be challenging.

ShareFounders appears to target both retail and high-net-worth traders, given the wide range of minimum deposits. However, the absence of regulation makes it unsuitable for risk-averse traders or those requiring a secure trading environment.

The high leverage of 1:300 may appeal to aggressive traders seeking to maximise exposure, but it also increases the risk of substantial losses. FXCanary recommends that traders prioritise regulated brokers with a proven track record.