Power Trend Broker Review

Therefore, the company took additional measures to ensure compliance with its obligations to the clients. When opening a trading account with Power Trend, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice.

  • There are several incidents where brokers try to make lame excuses to avoid paying the traders.
  • Power Trend.com offers over 35 currency pairs, gold, silver, cfds, bitcoin and other cryptocurrencies for your personal investment and trading options.
  • Although fund recovery specialists can help you to get the funds back it is always a good idea to investigate the broker from the very start.
  • This includes eduction tools with Power Trend and externally.
  • Choosing an online broker like Power Trend can be difficult.
  • A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

The whole notion of regulation is to protect Power Trend traders and provide a safe trading environment. Financial regulation and license approval is essential. Power Trend is a global online trading service with a clear vision to bring a higher level of transparency to the online trading industry, and to make trading tru… The first step is to review whether there are any complaints reported against the broker. As a second step, one should dig deeper into the issues and find out if they involve unethical trading activities, unsatisfactory financial settlements, or corrupt client relations.

Power Trend Desposit Fees

Power Trend offer the following funding payment methods Credit cards, Bank Transfer, Neteller, WebMoney, UnionPay, FasaPay, Debit cards, among other payment methods. Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill. An account inactivity prtrend login fee is a fee charged to the registered brokerage client. Power Trend require a minimum desposit of 1 GBP/USD/EUR when opening an Power Trend trading account. A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank.

Power Trend official site

It is best to choose this Account if you want to test the broker first before starting to invest your money. This Account gives you the ability to trade on real price movements without having to make a deposit. You get the chance to test your strategy and see if you can make any earnings before risking your money.

Calculated And Paid By Power Trend System

The Power Trend help center where able to quickly resolve our customer issues. As with most brokers, margin requirements do vary depending on the instruments. Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf. This means Power Trend are supervised by and is checked for conduct by the British Virgin Islands Financial Services Commission regulatory bodies. Power Trend have a head office in British Virgin Islands. Please write some descriptive information about your problem, and email our webmaster.

Power Trend official site

Multi-asset web-based trading platform with the fastest in the industry financial charts and advanced technical analysis tools. R StocksTrader is a multi-asset web platform, which combines modern technologies, a classic but taken to a new level design, and access to the world’s major financial markets. RoboForex provides for its clients best promotional offers on financial markets. Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Power Trend Company Metrics

Because If i want to trade cross pairs like EUR/AUD, GBP/AUD and such, I have only one choice to use the classic NDD account and I don’t like that they charge a 0.8 pips commission to trade in NDD. Let other traders know if this service is worth checking or should be avoided. Notwithstanding, we may disclose your personal data to third parties which have not established contractual relations with Power Trend on the grounds of their authority and their official status. Your personal data is archived and secured in accordance with the legislation on the protection of personal data and its processing of the jurisdiction where Power Trend’s principal place of business is located. E-Global Trade & Finance Group, Inc. (hereinafter – “Power Trend”, “we”, “our” or “us”) notifies you that your privacy is important to us.

These brokers often have more in depth technical analysis and research tools and better risk management features. Dont be scared off by brokers like Power Trend charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on their platforms that are not available for free on other platforms. That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform. The Meta Trader trading platform is far much better than all the other proprietary trading platforms in almost all tests for example it offers instant execution time which you cannot find in the others. It offers a wide range of charting tools necessary for trading while still being flexible and having a very user-friendly nature.

You will see the best services and amazing features on their site. But when you get started with the broker, power trend website things start getting ugly. The broker starts creating issues and you feel like losing your money.

Power Trend have a triple AAA grade support and customer service rating because they offer a wide range of languages, live chat, email and phone support. Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Power Trend official site

Next you have to install the necessary trading terminals on your computer and by doing so you’ll be able to start trading, after they have funded your account. Power Trend Cent Account is a good way to start if you are ready to put your money on the market. This Account is mainly forex for starters and it is divided into three levels depending on deposits. The leverage is varied and it is between 1 – 10 and 1 – 500. This Account gives you a platform to trade in extremely small lots therefore you can put a very small amount of your money on a trade.

Predicting The Place Some Of Mlbs Free Brokers May Play Subsequent Season

Fund recovery specialists can help you to decide if your broker is a scam or legit. It is advised not to make any investment decision without reading Power Trend review or verdict from professional fund recovery specialists. The review of any broker must focus forex analytics on discovering the issues and complaints reported by the previous traders. Did any trader file a complaint against a broker regarding scam or fraudulent activity? A detailed Power Trend review must discover the complaints that are reported against the broker.

Power Trend official site

Be aware that different entities under the Power Trend Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

Power Trend Broker Review

I have no problems with that because if you are in the UK like me, being put on hold for half an hour for a technical support is pretty much what you have to live with. There costumer support is very friendly and fast, spreads are good, executions are fast. Opening the account was very easy and transfers to and from Liberty Reserve are almost instantaneous. They recently upgraded trading strategy their site and offer a good variety of tools for trading and education. Arbitrage is the process of buying and selling an identical financial instrument at the same time on different markets. For example, exchanging British Pounds for US Dollars in London might be possible at a different exchange rate than in San Francisco, so a profit could be made on the difference.

Power Trend official site

Stop Loss orders are guaranteed only during market hours and under normal trading conditions. When you send in a withdrawal request to Power Trend, this will be honored.

Power Trend official site

Brokers may charge clients various trading fees that you need to be aware of as they may affect your bottom line. Power Trend was founded in British Virgin Islands in 2007. Power Trend has been facilitating trade on the financial markets for over 14 years. All funds deposited to Power Trend are held in segregated tier 1 bank accounts for security. Power Trend is regulated by British Virgin Islands Financial Services Commission so can be considered legit.