Sign up using the Shares.io referral above or here and get a FREE share when you top up your account. Note the link needs to be opened on a mobile device for it to activate
Shares.io Review: The New Social Investing Platform
Shares is a new investment app available in the UK where friends invest and build strategies together. An app where you can watch your friend’s moves, chat about strategy and grow your investments together. In a time where there are multiple new online trading apps launching almost monthly – Shares.io hopes to differentiate itself from the pack by bringing something a little different. In this review, we’ll take a closer look at what Shares.io is, how you can sign up, the services it offers, and what its costs. We’ll also highlight any promotions that are currently available to first-time users and more.
What Is Social Investing?
When making any major decision in life people will typically talk about it a bit with their close friends, or they might seek out advice from coworkers, their partner, or even their children. Even minor decisions, people talk about and discuss with other people. Almost everything people do is social, except, strangely, investing. With investing, people tend to make decisions in private or with the help of a qualified financial advisor.
Shares.io aims to change this by bringing a social aspect to investing. With this platform, you can see what your friends are buying, and you and your buddies can work together to develop powerful investment strategies.
Perhaps you’ll identify some opportunities, and your friends will identify others. Of course, you’re still controlling your own money and your destiny, but that social aspect – sharing what you’ve found, what excites you in investing – is a potentially powerful and revolutionary concept.
What Does This Platform Offer?
Shares.io is, at its core, a share dealer and a social media site, merged into one identity. You can have a social account without having a trading account if you want to see what’s happening in the social community, create chats, or join existing ones.
However, if you want to start trading, you’ll need to open a trading account, which requires you to be a UK resident. Furthermore, they only offer a standard brokerage account, so if you are looking for a SIPP or something similar, you will have to look elsewhere.
The platform offers a wide range of services, including buying and selling shares, viewing real-time stock prices, and tracking your portfolio. You can also join existing chats or create your own to discuss investment strategies with other users. It’s easy to navigate and provides all the information you need to make informed investment decisions.
How To Sign Up & Costs
Signing up for Shares.io is a quick and easy process that took me only a few minutes. All you need to do is download their app (use the Shares.io Referral Here, and provide your national insurance number and payment information to complete the registration process. Once you’ve registered, you’ll need to deposit at least £1 to activate your account (note the minimum deposit amount is dependant on the deposit method chosen) . As a bonus, when you sign up and deposit at least £1, you’ll get a FREE share invested in a stock of your choice (Capital at risk).
Shares.io charges a flat rate of £1 for each trade, regardless of the value of the trade. There are no other costs associated with using the platform. However, it’s worth noting that all investments carry a risk, and you may lose money. There are some totally free share trading platforms like Trading 212 and Freetrade but the functionality differs and the charge is relatively small dependant on your share buying habits.
Shares.io Free Share Promotion
Currently, Shares.io is offering new users a bonus share. when they sign up and deposit at least £1. This is a great opportunity to get started with a small investment and see how the platform works. You need to use a shares.io referral link to do this and one is available at the top of the review of you can click here
Design and User-Friendly App Design
One of the standout features of Shares.io is its modern and clean design. The app is very easy to navigate and provides all the information you need to make informed investment decisions. The interface is intuitive and user-friendly, making it accessible to both novice and experienced investors. This is a significant advantage over other investing apps that often look boring and dull and make things far more complicated than they need to be. Shares.io has done an excellent job of creating an app that is both visually appealing and functional.
Another great aspect of Shares.io is the support team. They are available: Monday – Friday: 7 am – 11 pm (GMT) & Saturday – Sunday: 9 am – 5 pm (GMT) to assist with any questions or issues you may have. They are knowledgeable, pleasant, and nice to talk to, and they respond within a few minutes. This is important as investing can be a complex and sometimes stressful process, and having a dedicated support team that is prompt, helpful and easy to talk to can provide a sense of security and peace of mind.
Variety of Stocks
One of the standout features of Shares.io is the wide range of stocks available for trading. With over 1,500 stocks to choose from, including popular stocks such as Apple, Tesla, Pfizer, and more, investors have access to a vast number of investment opportunities. The platform offers stocks from various sectors, including technology, healthcare, finance, and more. Additionally, each stock has an indicator to tell you whether it is a good buy, sell, or hold, which can help you make more informed investment decisions.
Comprehensive Research Tools
Shares.io also offers a variety of research tools to help investors make informed decisions. The platform provides real-time stock prices, market caps, EPS, P/E ratios, div/yield, avg volume and more, all of which are nicely displayed on charts. Additionally, the platform provides a vast amount of information on the company, so investors don’t need to leave the app to research a stock they might be interested in.
The app also provides the latest news about the company, so you don’t buy after some bad news. This comprehensive research toolset makes it easy for users to access all the information they need to make informed investment decisions within the app to save faffing around and to come to an informed decision as quickly as possible so you dont miss out!
Security and Data Protection
Shares.io places a high importance on the security and privacy of its users. All user data is protected and kept confidential. The platform uses state-of-the-art security measures to ensure that your personal and financial information is safe and secure.
In addition to data protection, the app also has a feature that locks you out after a certain period of inactivity or when you close the app.
To regain access, you’ll need to enter a 4-digit PIN passcode, which helps to keep your account and funds safe. This added layer of security helps to protect your account from unauthorized access and provides an extra level of security for your investments.
A Comprehensive Resource for Investors: Scoops
Shares.io is not only a social investing platform, but it also offers a comprehensive resource for investors called Scoops. Scoops is a website full of resources, tools, and information that can help investors make informed decisions and identify potential trades.
Scoops provides a wide range of resources, including how-to guides on investing, information on different industries, updates on crypto and web3, and the latest news on the company. The site also offers a wealth of information on different investment strategies, including value investing, growth investing, and more.
In addition, Scoops also provides a community forum where investors can share ideas, ask questions, and collaborate with other investors. This feature is particularly useful for new investors who may be looking for guidance and support.
Scoops is a great resource for investors who are looking for a comprehensive and reliable source of information and resources. The site is well-organized and easy to navigate, making it easy for investors to find the information they need.
Innovation and Potential
Every so often, an app, idea, or website comes along that has the potential to revolutionize an industry. Shares.io, with its unique concept of social investing, has the potential to change the way the average person approaches and thinks about investing. It brings a social aspect to investing, allowing users to see what their friends are buying and work together to develop powerful investment strategies.
While the platform is still relatively new and has some limitations, such as only offering a standard brokerage account and only allowing for buying stocks from the NASDAQ and NYSE, it is constantly evolving and improving. The company structure is also unique, with accounts being opened in the UK but the shares themselves residing in a brokerage account in the US.
Overall, Shares.io is an innovative platform with a lot of potential. It offers a unique way for users to approach investing and the ability to share ideas and strategies with friends. As the platform continues to grow and improve, it has the potential to revolutionize the financial services industry.
A Real-Life Example of Shares.io’s Revolutionary Social Investing Platform
John had always been interested in investing but had never taken the plunge. He had heard of Shares.io from a friend and decided to give it a try. After signing up and depositing his initial £1, he received a bonus free share to invest in a stock of his choice by using a referral link from his friend.
John was impressed by the clean and modern design of the app and found it easy to navigate. He joined a few existing chats and started following some of the top performers in the community. He was amazed to see some of his friends making hundreds of thousands of pounds following the advice of the community on the app.
John decided to invest in a few of the same stocks as his friends and was thrilled to see his portfolio grow quickly. He also started sharing his own insights and advice with the community and was surprised to see that other users were following his advice and making money too.
John continued to use Shares.io regularly, and within a year, he had increased his return on investment following the advice and strategies of his friends and the community on the app. He couldn’t believe how easy and profitable investing could be with Shares.io, and he was glad he had taken the plunge and tried it out.
Shares.io is a revolutionary social investing platform that offers a wide range of stocks and comprehensive research tools. However, there are a few areas that could be improved upon to enhance the user experience.
One limitation of Shares.io is that it does not currently offer any crypto or web3 investments on the UK version of the platform. This could be a potential drawback for investors who are interested in these types of investments.
Another area for improvement is the platform’s charts. While the charts provide useful information, they could be enhanced by adding the ability to view technical indicators such as candle wicks and the ability to zoom in and out with touch. This would make it easier for investors to fully understand the market within the app.
Additionally, the information and resources provided on the Scoops website could be integrated into the app itself. This would eliminate the need to leave the app to access this information and would make the experience more seamless for users.
Lastly, incorporating more advanced trading options such as leverage would make the app more appealing to experienced traders, while also ensuring safety for new users.
In conclusion, Shares.io is a revolutionary social investing platform that aims to change the way people approach and think about investing. With its unique concept of social investing, users can see what their friends are buying and work together to develop powerful investment strategies.
The platform offers a wide range of services, including buying and selling shares, viewing real-time stock prices, and tracking your portfolio. Signing up is a quick and easy process, with a bonus of a free share for new users when they deposit at least £1 (dependant on deposit method). The platform charges a flat rate of £1.00 for each trade with no other costs.
The design of the app is modern and clean, making it easy to navigate and providing all the information you need to make informed investment decisions. Additionally, the support team is available Monday – Friday: 7 am – 11 pm (GMT) & Saturday – Sunday: 9 am – 5 pm (GMT) and the platform has a wide range of stock options to choose from. Overall, Shares.io is a great platform for anyone looking to invest and offers a unique social aspect to the process.
Remember to sign up with our shares.io referral https://shares.app.link/rf/fas-196133 and get a FREE share when you deposit funds into your account.