Shares Addon Demo has been flagged by Financial Markets Authority for "Unregistered/Unlicensed entity offering financial products or services|Fraud ...". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
The so-called education at Shares Addon Demo 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 since I opened my account last year thinking they would help me learn.
Pros: Regular updates|Regular platform improvements
Cons: Could offer more webinars
I referred a friend to Shares Addon Demo after hearing about them at a conference. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Multi-currency support|No hidden fees|Competitive fees|Fast execution
Cons: Mobile app could be improved|No fractional shares
Shares Addon Demo has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Market news feed|Low minimum deposit
Cons: Nothing significant|Would like more payment methods
My card was charged twice by Shares Addon Demo on the same day. I had to dispute it with my bank. Shares Addon Demo then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Transparent fees|Economic calendar|Instant funding
Cons: Desktop app not available on Linux|None so far
Shares Addon Demo advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Stable platform|Multi-currency support|Full transparency|Segregated accounts
Cons: Wish they had more educational resources