MY SHARES has been flagged by Securities and Exchange Commission for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: https://www.my-shares.com.ng.
The only good thing about MY SHARES is that they remind you why regulation matters. I found them after doing extensive research. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Copy trading available|Multi-device support
Cons: Desktop app not available on Linux|Limited social trading features
The so-called education at MY SHARES is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for roughly four months thinking they would help me learn.
Pros: Customizable dashboard|Tax reports included|Good analytical tools
Cons: Limited cryptocurrency options
The platform itself is okay, but the customer service at MY SHARES is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Helpful community forum|Social trading features
Cons: No dark mode on mobile|Mobile app could be improved