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.
Are FXCL officials calling you to make you a customer by promising a magical profit number? Stop! These officials follow this route to onboard customers and make them deposit at regular intervals. However, when you wish to withdraw, the officials will deny your request. This is nothing but a strong indicator of a scam forex broker. In this article, we will expose the wrongdoings of this Botswana-based broker.
The revelation that OXShare disallows withdrawals to traders when they make profits is stunning but true. Many traders have complained about it on forex broker review platforms, but to no avail. They may receive assurances, but company officials do not live up to their promises. What’s more, these officials manipulate trades, forge vital details, and eventually scam traders who put their hard-earned capital on it. In this article, we will expose OxShare with proof. Read on to check them.
In this article, we will conduct a comprehensive examination of Windsor Brokers, delving into its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.
Interested in forex trading and seeking a broker who can help you make the most of different currency pair price movements? You are in the right place to find the right forex broker. In this article, we will help you choose the broker based on several factors such as regulatory compliance, leverage, margin, trading platform, etc.