Abstract:Founded in 2018, Power Trading is a forex broker registered in Australia, offering trading in forex, precious metals, crude oil, and indices with flexible leverage of 1:100-1:400 and floating spreads on the MT4 platform.
Power Trading Review Summary | |
Founded | 2018 |
Registered Country/Region | Australia |
Regulated | ASIC |
Market Instruments | Forex, precious metals, crude oil, indices |
Demo Account | / |
Leverage | 1:100-1:400 |
EUR/USD Spread | Floating around 19 |
Trading Platform | MT4 |
Minimum Deposit | / |
Customer Support | Tel: +852 90190106 |
Email: admin@powertradingltd.com | |
Address: level 1, 9 queen street Melbourne VIC 3000 | |
Twitter, Facebook, Instagram, YouTube | |
Regional Restrictions | The United States, Japan, Canada, Iran, etc. |
Founded in 2018, Power Trading is a forex broker registered in Australia, offering trading in forex, precious metals, crude oil, and indices with flexible leverage of 1:100-1:400 and floating spreads on the MT4 platform.
Pros | Cons |
Regulated by ASIC | Regional restrictions |
Various trading markets | Limited info on account features |
Flexible leverage | Limited payment methods |
MT4 platform |
Regulated Country | Regulated Authority | Current Status | Regulated Entity | License Type | License Number |
Australia | Australia Securities & Investment Commission (ASIC) | Regulated | POWER TRADING CAPITAL LTD | Straight Through Processing (STP) | 426800 |
Trading Instruments | Supported |
Forex | ✔ |
Precious Metals | ✔ |
Crude Oil | ✔ |
Indices | ✔ |
Other Commodities | ❌ |
Stocks | ❌ |
Cryptos | ❌ |
Bonds | ❌ |
Options | ❌ |
ETFs | ❌ |
Power Trading offers two account types, Standard account and ECN account. The broker claims that spread on the ECN account is floating around 0.0 pips.
Power Trading offers flexible leverage, ranging from 1:100 to 1:400. Please note that high leverage can amplify not only profits but also losses.
Trading Platform | Supported | Available Devices | Suitable for |
MT4 | ✔ | Mac, PC, iOS, Android | Beginners |
MT5 | ❌ | / | Experienced traders |
Power Trading accepts deposits and withdrawals via bank transfer. However, specific info like deposit and withdrawal processing time and associated fees is not revealed.