الملخص:TraderPowers offers forex trading. But it can be listed as a dangerous broker due to unregulated status. Besides, their website is not available.
Note: TraderPowers' official website: https://www.traderpowers.com is currently inaccessible normally.
TraderPowers Review Summary | |
Founded | 2022 |
Registered Country/Region | Saint Vincent and the Grenadines |
Regulation | Unregulated |
Market Instruments | Stocks, cryptocurrencies, commodities, and forex |
Demo Account | ❌ |
Leverage | / |
EUR/ USD Spread | / |
Trading Platforms | A distribution of MT5 |
Minimum Deposit | $1,000 |
Customer Support | Phone and email |
TraderPowers offers forex trading. But it can be listed as a dangerous broker due to unregulated status. Besides, their website is not available.
Pros | Cons |
None | Unlicensed broker |
Inaccessible website | |
Ridiculous minimum deposit requirement | |
No MT5 available |
Trader Powers operates without any regulatory oversight, posing a risk to its clients' funds. Furthermore, Trader Powers does not offer a reliable trading platform to its clients, indicating a fundamental failure typical of many offshore brokers.
TraderPowers offers trading in stocks, cryptocurrencies, commodities, and forex.
Tradable Instruments | Supported |
Forex | ✔ |
Commodities | ✔ |
Indices | ❌ |
Cryptocurrencies | ✔ |
Stocks | ✔ |
ETFs | ❌ |
Bonds | ❌ |
Mutual Funds | ❌ |
TraderPowers offers the VIP, Platinum, Gold, Silver and Bronze accounts. They charge high minimum deposits of $250,000, $100,000, $25,000, $10,000 and $1,000 respectively.
TraderPowers has distribution of Metatrader 5 available. However, this is not a distribution that is branded by Trader Powers – it belongs to some Stockton. Therefore, trading on it will have no bearing on your account with Trader Powers.
TraderPowers accepts crypto and wire transfers only – both methods are not eligible for a chargeback and thats why brokers like Trader Powers use them.
Contact Options | Details |
Phone | +44 203-828-2469 / +1 416-907-9059 / +61 272574019 / +34 930301892 |
support@traderpowers.com | |
Online Messaging | ❌ |
Online Chat | ❌ |
Social Media | ❌ |
Supported Language | English |
Website Language | English |
Physical Address | First floor, first St. Vincent Ltd Building James Street, Kingstown, St. Vincent and the Grenadines |
In a word, traders can avoid trading with TraderPowers. There is a very high minimum deposit. Besides, it does not openly reveal its trading conditions. What's worse, no any regulations currently,
Is TraderPowers safe?
No. It might be a scam.
Is TraderPowers a good for beginners?
No.
Is TraderPowers good for day trading?
No.