Forex Shaw and Partners Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

3.5

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 3.7

Business 3.0

Risk Control 3.3

Software 4.0

Regulatory 3.5

Terminal Snapshot

Shaw and Partners Trading Conditions

Registered Region Australia

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email info@djcarmichael.com.au

Contact Number +61 2 9238 1238

Website www.shawandpartners.com.au

Balanced Review

Pros & Cons

Pros

Regulated under Australian Financial Services License (AFSL)
Diverse trading instruments including forex, commodities, and cryptocurrencies
Accessible trading platforms with advanced features
Responsive customer support available via multiple channels
Personalized account options for different trader profiles

Cons

Not regulated in major jurisdictions like the US
Limited trading instruments (no stocks or ETFs)
No support for popular platforms like MetaTrader
Potential inactivity fees on dormant accounts
Spreads may be wider compared to competitors

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	Shaw and Partners	DBG Markets	IC Markets Global	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Australia	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	3.5/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does Shaw and Partners Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners and casual traders	Standard features with accessible trading options	Suitable for those starting with lower capital
Professional Account	Experienced traders	Advanced features, potentially lower spreads	Requires meeting specific trading volume qualifications
Corporate Account	Corporate clients	Customized solutions for business trading	Requires corporate documentation
Demo Account	New traders and those testing strategies	Practice trading without financial risk	Ideal for testing the platform and strategies

Account Opening Process

Opening an account with Shaw and Partners involves several key steps to ensure compliance and security. Initially, you will need to provide personal information, which includes your full name, contact details, and financial background. Following this, identity verification is crucial; you must submit documents such as a form of identification and proof of address to confirm your identity. Once your application is reviewed and approved, you can access your account. Shaw and Partners also offers flexibility, allowing clients to upgrade to a professional account as their trading experience grows.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (EUR/USD)	Varies	Varies	Competitive spreads for major pairs
CFDs (S&P 500)	Varies	Varies	Transparent pricing for indices
Cryptocurrencies (BTC/USD)	Varies	Varies	Spreads may fluctuate based on market conditions

Other Fees

In addition to trading fees, Shaw and Partners may impose several other fees. These could include deposit and withdrawal fees, which vary depending on the payment method used. Inactivity fees may apply if an account remains dormant for an extended period. There could also be platform usage fees, overnight interest (swap rates), and currency conversion fees when trading in different currencies. It’s advisable to review the specific terms related to these fees before starting to trade.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

Shaw and Partners User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

20%

2 star

60%

1 star

12%

Michael Thompson

Sydney, Australia

★ ★ ★ ★ ★

I’ve been trading with Shaw and Partners for over a year now, and I’m quite satisfied with their platform. The features are robust, and I’ve found the execution speed to be excellent. Customer support has been responsive when I’ve had questions. The only downside is that I wish they offered more educational resources for beginners.

Emily Johnson

Melbourne, Australia

★ ★ ★ ★ ★

Shaw and Partners has been a great experience for me. The mobile app is user-friendly, and I can trade on the go without any issues. I appreciate the wide range of trading instruments they offer. Withdrawals have been smooth and timely, which is a huge plus for me.

David Chen

Brisbane, Australia

★ ★ ★ ★ ★

I faced difficulties when trying to withdraw my funds. It took longer than expected, and customer support was not very helpful in resolving the issue. While the platform is decent, the withdrawal process has left me frustrated.

Sarah Williams

Perth, Australia

★ ★ ★ ★ ★

My experience with Shaw and Partners has been disappointing. I found the customer service lacking, and it was challenging to get timely responses to my inquiries. Additionally, I encountered unexpected fees that were not clearly communicated upfront.

Australia Market