In addition to this, they provide access to deep inter-bank liquidity for those who want to trade on an ECN environment. Like all reputable trading strategy FX brokers, Power Trend sought the necessary authorization to run a brokerage business on the internet through the CySEC regulatory body.
Pls write dimitru ivtcysec-recovery, tech, doing so could be used to detect further swindlers and also help warn others to stay off. We can assure you that we always act with our clients’ best interests and are continually striving to provide the best possible conditions. If you’d allow us to, we would like to look into your inquiry and give you a full explanation of what happened. Simply login to your MyPower Trend account and submit a claim, providing your trading account number and a detailed explanation of your issue. Our dedicated team will look into the issue and provide you with a detailed response.
What Is Power Trend
Moreover, they have some of the most attractive Forex leverage levels and provide their traders with the best trading technology to do the job. They have reasonably strong support with a range of other tools and goodies. This is the next generation trading platform by Metatrader. It allows you to trade a number of different CFD instruments on top of the traditional Forex assets that you can trade on the MT4. This is the most well known and longest running of the two Metatrader platforms. It was developed for leveraged Forex trading and is packed with tools and functionality that professional traders love.
Power Trend is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as Power Trend you should be sure they’re legitimate online agent.
This does not increase the cost to you for using a broker and is how the site is funded and covers the costs of running this website. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer is not lined up. Withdrawing money from Power Trend processing time varies depending on the method but averages 2-5 days. If you would like to see eur how Power Trend stands up against other brokers you can read some of our Power Trend comparisons below. We compare side by side some of our top rated Power Trend versus comparisons. If after reading this Power Trend review, Power Trend does not fulfill your needs check out these Power Trend Alternatives. We sent messages to Power Trend livechat through their app and website and recieved a response within 30 seconds.
Is Power Trend Scams Or No?
Power Trend offers more than 70 tradable instruments comprising of currency pairs, metals, commodity CFDs, stock index CFDs and even cryptocurrency CFDs. It’s a little limited compared to what other brokerages offer but the variety is ample enough to expand your portfolio which is why they notched a Tradable assets scammed by prtrend score of 3/5. While going through the feedbacks and reviews, you can know that a particular broker is quite popular or it may be a scam. The major websites will rate the brokers in the different segments. You need to take a look a thorough review and then decide on the broker that suits best your needs.
Review Loads of cryptocurrency and blockchain project reviews for your education. Power Trend research tools are mainly the one available on the platforms.
Power Trend.org offers over 45 currency pairs, cryptocurrencies, binary option, stocks index, commodities and cfds for your personal investment and trading options. The broker offers excellent customer service to its traders, as evidenced in the generous support of informational materials on its website. The group also has a 24/7 online service that readily attends to the customer’s queries. As a broker who develops its software, the Power Trend customer support team responds to bugs and glitches much faster than the standard MT4 brokers. I am trading with them for a while and feel safe with them having my money.
Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Withdrawal issues are common where brokers try to scam the trader for some extra cash.
So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions. Power Trend MetaTrader 5 has many advanced trading tools for the more advanced users. Understanding these tools can give you a competitive edge. MetaTrader 4 was built specifically to trade Forex and CFDs, MetaTrader 5 on the other hand facilitates trading of Forex, Futures, Stocks, Algorithmic Trading, ETFs and Indices. Adaptive Divergence Convergence – Much like MACD however useful at shorter lengths and provides more timely signs. Power Trend also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.
If you wanted to trade crypto with more leverage then you could consider the likes of Prime XBT. They also offer clients the chance to trade spot metals and commodity CFDs. However, these are quite lacking in terms of the individual assets. They only offer two metals pairs to trade and only have oil and natural gas in their commodity pile. In this Power Trend review we will give you exactly what you need to know about this broker. I will also give you some top tips in order to make the most of your trading experience here. Power Trend is a pretty large Forex broker that has been servicing traders from around the world for over 10 years.
Worked With This Company? Leave Your Review!
Power Trend has a pretty respectable selection of Forex assets that you can trade on the platform. This includes all of the major FX pairs and a number of minor pairs. This is a Forex industry body that is based in Hong Kong. They are a self regulating and external dispute resolution body.
Terms and conditions do apply, and traders must read and understand them before signing up. For most banking methods, the waiting time for withdrawal requests only takes a day. Such speed is no doubt an advantage since you won’t need to wait that long to get your money back and for this we are giving them a Withdrawal Time score of 10/10. With this, you can rest assured that you can still recover your funds once again. The best thing about such services is that it is fast and efficient as well; all you need do is contact them and they will take care of everything. I lost a lot of money to TraderVC when I invested with them. They promise high return and all they did was to clear all the money in my account.
Is Power Trend International Legit?
It would be better to avoid options or forward contracts if possible, as they are subject to high bid-ask spreads that can lead to losses. The people who have the problem with their brokers are facing panic attacks or they are scared that their hard-earned money would be in jeopardy. They want to have their funds back in no time so they can recover funds immediately. Such traders can get help from fund recovery agents when the broker is not responding. The question explained in this review, Finding out Is Power Trend Scams or no?
Every broker offers a different level of services and packages. Are these packages reasonable or too expensive for beginners? An authentic broker will understand the market needs to come up with realistic packages, and a beginner can compare packages before a purchase a package that will cost a lot of money. Trading is risky and little issues can lead to bigger problems. For careful handling of trading problems, traders use the services of the brokers. These experienced brokers help you to conduct trades in an efficient manner without trouble. We also did not like the fees that they charged on deposits / withdrawals.
- Power Trend is an online forex and CFD broker that once offered much more.
- They only offer two metals pairs to trade and only have oil and natural gas in their commodity pile.
- They can tell if the broker has the required resources to handle your account successfully or the company is in the market just to scam you.
- There are only two reasons behind you reading this Power Trend LTD scam review.
- Overall, Power Trend FS broker has an unusually rich selection of materials available to both standards and demo accounts.
- If you have been a victim of the Power Trend LTD scam, file a complaint with us at the earliest.
It has, moreover, already been sanctioned by the institution a few years ago for not having established an adequate system against money laundering. This sanction did not, however, put the broker out of the running. If you have been a victim of an Power Trend scam, you can file a complaint against this broker with any of the fund’s recovery companies suggested by us. If a broker is not licensed by the regulatory authority in your jurisdiction, that likely means that they are unregulated and should be avoided. Even if the brokerage is regulated, it is best to avoid it if the regulator happens to be outside your jurisdiction. The first step to protecting yourself from fraudulent parties online is to do thorough due diligence on the companies and entities that you are planning to send the funds to.
Most of the countries appoint a regulatory body that looks after the safety of their citizens from broker scams. Such forex regulatory bodies conduct a series of tests that every brokerage firm operating in their country has to go through.
In addition to many countries in Europe, the Middle East and Asia, «Power Trend» works directly in the United States, which is quite difficult, because the American regulators are extremely scrupulous. And if the company managed to secure a foothold in the US market, it is an undoubted forex broker prtrend plus for the entire holding. If you’d allow us to, we would like to look into your inquiry and give you a full explanation of your situation. Kindly send us your MyPower Trend account number and your trading account number to , providing a detailed explanation of your issue.
It’s a new skill-set for many, but it is what the market requires of you. To trade effectively with Power Trend, it’s important to get a have a good understanding of the Power Trend trading tools and the markets. Download the Metaquotes MetaTrader 4 Program for free of charge from Apple’s App Store.