Score

2.17 /10
Danger

PO TRADE

Saint Lucia

2-5 years

Suspicious Regulatory License

MT4 Full License

Regional Brokers

High potential risk

B

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Comparison

Quantity 4

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.80

Risk Management Index0.00

Software Index8.58

License Index0.00

The WikiFX Score of this broker is reduced because of too many complaints!
Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

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Warning

ID BAPPEBTI
2023-04-20
Blocking 218 Website Domains, CoFTRA Reminds Investment Risks in Illegal Entities
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Danger

ID BAPPEBTI
2022-09-20
Bappebti Blocks 760 Website Domains, Reminds of the Risk of Transactions in Unlicensed PBK Entities
PO TRADE
Nadex
Xtreme Markets
Oxtrade
NordFX EU
AccuIndex
Binarycent
VOBLAST
FXPRIMUS
Deriv
InstaForex
HSB Forex Trade
FXVIEW
Fidelcrest
LegacyFX
FBS
MarketsVox
EVEREST
TriumphFX
Exclusive Markets
ForexVox

Broker Information

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Company Name

PO TRADE LTD

Company Abbreviation

PO TRADE

Platform registered country and region

Saint Lucia

Company website

X

Facebook

Instagram

YouTube

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2025-06-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of the complaints received by WikiFX have reached 4 for this broker in the past 3 months. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
PO TRADE · Company summary
PO TRADE Review Summary
Founded2019
Registered Country/RegionSaint Lucia
RegulationNo regulation
Market Instruments100+, Forex, Commodities, Indices, Stocks, Cryptocurrencies
Demo Account
Leverage/
Spread/
Trading Platform/
Minimum Deposit/
Customer SupportContact Form
Company Address: Tbilisi, Georgia, 45 Tabukashvili Street, N 7, 0105
Social Media: Facebook, Telegram, Instagram, Twitter, YouTube, Discord, Tiktok
Regional RestrictionsEEA countries, the USA, UAE, Israel

PO TRADE Information

PO TRADE is an online trading platform based in Saint Lucia. It claims to offer 100+ tradable products such as Forex, Commodities, Indexes, Stocks, and Cryptocurrencies. PO TRADE currently operates without regulation. It does not provide services to residents of EEA countries, the USA, UAE, Israel, and other specified countries. The full list of restricted countries can be found in Section 11 of the Terms and Conditions.

PO TRADE's homepage

Pros and Cons

ProsCons
Wide range of market offeringsNo regulation
No commission on deposits and withdrawalsUnclear fee structure
Various payment methodsRegional restrictions

Is PO TRADE Legit?

PO TRADE has not been regulated by any notable authorities, which indicates that operating trading on this platform can be risky.

No license

What Can I Trade on PO TRADE?

PO TRADE asserts to offer 100+ market instruments such as Forex, Commodities, Indices, Stocks, and Cryptocurrencies.

Trading AssetAvailable
forex
commodities
indices
stocks
cryptocurrencies
bonds
options
funds
ETFs
What Can I Trade on PO TRADE?

Trading Platform

PO TRADE offers a self-developed trading platform called Pocket Broker Trading, available on web, mobile and desktop.

Trading PlatformSupported Available Devices Suitable for
Pocket Broker Trading AppDesktop, Mobile, Web/
MT5Desktop, Mobile, WebExperienced traders
MT4Desktop, Mobile, WebBeginners
Trading ViewDesktop, Mobile, Tablets, WebBeginners
Pocket Broker Trading App

Deposit and Withdrawal

PO TRADE accepts a variety of payment methods, including 35 E-payments, 39 Cryptocurrencies, 17 Credit Cards, 23 Bank Transfers, 18 Mobile Payments, and 7 Others.

Here are five examples of each payment type.

Payment TypesMethods
E-paymentsFasaPay, Binance Pay, PIX, JazzCash, Easypaisa
CryptosBitcoin, Ethereum, Tether, Ripple, Cardano
Credit CardsVisa, Mastercard (USD), Visa, Mastercard (EUR), Visa, Mastercard (ZAR), Visa, Mastercard (KZT), Visa, Mastercard, Verve (NGN)
Bank TransfersSPEI, Wise, SEPA Instant, Revolut, SOFORT
Mobile PaymentsM-Pesa, Airtel, Equitel, Telkom, MTN
OthersFAST Havale, Nequi, CoDi, QafPay, CashMaal

News

ExposurePO Trade - A Cautionary Tale of Fraud

In the competitive world of forex trading, protecting the rights and interests of traders is paramount. Unfortunately, there are brokers who exploit traders' trust, leading to significant financial losses. One such case involves PO Trade, a forex broker that has come under scrutiny for allegedly defrauding its clients. This article highlights the experience of a victim, Abdel, who claims to have lost over $115 million in profits due to PO Trade’s unethical practices.

WikiFX
2024-10-27 13:56
PO Trade - A Cautionary Tale of Fraud

NewsEXPERTS GIVE SOLUTIONS TO STRENGTHEN THE NAIRA IN THE FACE OF NAIRA DEPRECIATION

The naira confronts a greater degree of economic reduction than the country has witnessed in recent decades as a result of reduced foreign exchange, dwindling foreign capital, rising political risk, and reported poor performance.

WikiFX
2022-04-21 12:13
EXPERTS GIVE SOLUTIONS TO STRENGTHEN THE NAIRA IN THE FACE OF NAIRA DEPRECIATION

NewsForex and Crypto which are most traded in Nigeria today?

Studies have shown that there are a greater number of Cryptocurrency traders in Nigeria than there are forex traders. This owes so much to the nature of profits derived from both. Many consider cryptocurrency trading more profitable than forex trading given the desire for quick profits which preoccupies the minds of most Nigerian traders. Also, Forex trading requires greater studies and discipline to excel, unlike Cryptocurrency trading which employs the pump and dump approach.

WikiFX
2022-04-19 11:51
Forex and Crypto which are most traded in Nigeria today?

NewsHow to Read the Chaikin Volatility Oscillator on Pocket Option?

Market volatility is quite an important factor in analysing the behaviour of security prices. The trend changes more often and more rapidly during times of higher volatility.

WikiFX
2022-01-13 10:31
How to Read the Chaikin Volatility Oscillator on Pocket Option?

User Reviews

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User comment

6

Comments

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FX1166963742
6-12months
What happened to me is that I traded in PO TRADE LTD/ POCKET OPTION correctly and officially and I have evidence that my deals are correct with all my trades as my profits amounted to more than 115 million dollars correctly and officially and I was surprised that pocket option blocked my account and stole my profits and manipulated the timing of my deals in the account statement in a fraudulent manner to show that my profits were due to a technical glitch but Po TRADE LTD does not know that I have documented screenshots of all my deals within the application in my account which prove the correct timing and validity of my deals and profits and therefore the fraud that Po TRADE LTD is doing will not benefit it and I will not give up my right at all and I will continue to demand my right until I recover all my profits. As trading can lose millions of dollars and also make millions of dollars and therefore no company has the right to confiscate the profits of any client.Whatever
What happened to me is that I traded in PO TRADE LTD/ POCKET OPTION correctly and officially and I have evidence that my deals are correct with all my trades as my profits amounted to more than 115 million dollars correctly and officially and I was surprised that pocket option blocked my account and stole my profits and manipulated the timing of my deals in the account statement in a fraudulent manner to show that my profits were due to a technical glitch but Po TRADE LTD does not know that I have documented screenshots of all my deals within the application in my account which prove the correct timing and validity of my deals and profits and therefore the fraud that Po TRADE LTD is doing will not benefit it and I will not give up my right at all and I will continue to demand my right until I recover all my profits. As trading can lose millions of dollars and also make millions of dollars and therefore no company has the right to confiscate the profits of any client.Whatever
Translate to English
+3
2024-12-03 23:58
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0
0
osquared
3-6months
Pocket Option is a BIG SCAM they are happy when you are losing money, but once ypu start making profit they block your account I made about $6000 profit, and they immediately deducted $5200 from my account and then blocked my account claiming i violated- Public Offer Agreement - i have asked for details of how i violated the agreement they dont respond to that. They are scammers and thieves
Pocket Option is a BIG SCAM they are happy when you are losing money, but once ypu start making profit they block your account I made about $6000 profit, and they immediately deducted $5200 from my account and then blocked my account claiming i violated- Public Offer Agreement - i have asked for details of how i violated the agreement they dont respond to that. They are scammers and thieves
Translate to English
2024-12-02 20:23
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0
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4