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Power Trading -

Score

3.19 /10
Danger

Power Trading

Australia

2-5 years

Regulated in Australia

Forex Execution License (STP)

MT4 Full License

Global Business

High Potential Risk

https://www.power-trader.org

Benchmark

C

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Comparison

Quantity 3

Exposure

Open Account
Website

Score

Regulatory Index5.87

Business Index6.66

Risk Management Index0.00

Software Index8.50

License Index1.76

Open Account
Website

Licenses

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

Single Core

1G

40G

open now

Broker Information

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Company Name

Power Trading Limited

Company Abbreviation

Power Trading

Platform registered country and region

Australia

Company website

Company summary

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2026-05-26
  • This broker has accumulated 2 negative field survey reviews on WikiFX. Please be aware of the risk and guard against potential fraud.

WikiFX Survey

Danger

Power Trading

Hong Kong

WikiFX Verification

Power Trading · Benchmark
Average transaction speed(ms)
301.7 Great
The highest transaction speed(ms)
0 Perfect
The highest speed of opening positions(ms)
74 Great
The highest speed of closing position(ms)
0
The lowest speed of opening positions(ms)
1858
The lowest speed of closing position(ms)
0 Perfect
Ranking： 95 / 118
Test user 178
Transactions 5,714
Ocuppied margin $2,586,323 USD
Data Source WikiFX Data provide
Updated: 2026-05-22 01:05:00

Exposure

3 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Unable to withdraw

Everyone, beware of the broker Power Trading!! I deposited $2000 six months ago and cannot withdraw my profits. They even deleted my account.

XIEZIZHISHOU
2025-10-15 07:15
Scam

Open an account and receive $30 credit, activity valid rules

Open an account and receive $30 credit, the activity valid rules are that the trading volume is greater than one lot and the trading time is greater than or equal to 2 minutes (Does it mean that as long as one of my trades meets your rules? You also didn't specify that all trades need to be greater than or equal to 2 minutes) My account was also blocked, when I asked customer service they only replied that the account violated the rules, there was no explanation for the over $200 profit, and customer service stopped responding.

FX1439244619
2026-02-05 22:39
Unable to Withdraw

Account blocked, withdrawal not received.

I have previously reported to the real-name reporting platform. I made a profit of $4000 on the platform, but my withdrawal request has not been reviewed. The next day, my backend and account were banned. The platform sent me an email asking me to submit the account statement for deposit and proof of my income. I submitted them as requested by the platform. I also requested the platform to provide me with my order records. However, the platform did not reply to me the next day and forcibly refunded my principal. They also did not reply to my emails. I request the platform to refund me the profit portion.

ERGE
2024-09-25 19:46
Power Trading · Company summary
Power Trading Review Summary
Founded2013
Registered Country/RegionAustralia
RegulatedASIC
Market InstrumentsForex, precious metals, crude oil, indices
Demo Account/
Leverage1:100-1:400
EUR/USD SpreadFloating around 19
Trading PlatformMT4
Minimum Deposit/
Customer SupportTel: +852 90190106
Email: admin@powertradingltd.com
Address: level 1, 9 queen street Melbourne VIC 3000
Twitter, Facebook, Instagram, YouTube
Regional RestrictionsThe United States, Japan, Canada, Iran, etc.

Founded in 2013, 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's homepage

Pros and Cons

ProsCons
Regulated by ASICRegional restrictions
Various trading marketsLimited info on account features
Flexible leverageLimited payment methods
MT4 platform

Is Power Trading Legit?

Regulated CountryRegulated AuthorityCurrent StatusRegulated EntityLicense TypeLicense Number
AustraliaAustralia Securities & Investment Commission (ASIC)RegulatedPOWER TRADING CAPITAL LTDStraight Through Processing (STP)426800
Regulated by ASIC

What Can I Trade on Power Trading?

Trading InstrumentsSupported
Forex✔
Precious Metals✔
Crude Oil✔
Indices✔
Other Commodities❌
Stocks❌
Cryptos❌
Bonds❌
Options❌
ETFs❌

Account Type

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.

Standard account
ECN account

Leverage

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

Trading PlatformSupportedAvailable DevicesSuitable for
MT4✔Mac, PC, iOS, AndroidBeginners
MT5❌/Experienced traders
MT4 platform

Deposit and Withdrawal

Power Trading accepts deposits and withdrawals via bank transfer. However, specific info like deposit and withdrawal processing time and associated fees is not revealed.

News

ExposurePower Trading Review 2026: Is this Forex Broker Legit or a Scam?

Power Trading is a high-risk broker with a low WikiFX Score of 2.11 and an unverified regulatory status in Australia. Numerous user reports cite severe issues such as denied withdrawals, account deletion, and unexplained profit deductions.

WikiFX
2026-02-05 12:30
Power Trading Review 2026: Is this Forex Broker Legit or a Scam?

ExposurePower Trading Review: The Digital Abattoir Where Profits Go to Die

Power Trading is a regulatory mirage, operating with a 'Not Verified' ASIC license while systemic complaints reveal a consistent pattern of account deletions and profit theft. With a disastrous 'D' grade trading environment and 31 formal complaints, this broker is a graveyard for retail capital.

WikiFX
2026-02-05 12:00
Power Trading Review: The Digital Abattoir Where Profits Go to Die
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User comment

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Comments

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咖啡001
more than one year
power Trading 不给出金 本人去年12与份在平台开户入金交易，交易期间一直正常出入金，有平仓之后提取盈利，亏损之后也有多次入金，本人在3月3号再次提交出本金2333 U，提交出金之后，一直不到账，期间问客服，一直让等，说平台资金通道问题，间隔一个多月时间，4月22号，本人突然收到一封power trading 平台发送的邮件，提示说本人账户违规，并把本人账户资金清零；本人账户全程交易期间合规，可以调交易记录，不存在任何违规情况。平台恶意克扣交易本金，不给出金，黑平台。
power Trading 不给出金 本人去年12与份在平台开户入金交易，交易期间一直正常出入金，有平仓之后提取盈利，亏损之后也有多次入金，本人在3月3号再次提交出本金2333 U，提交出金之后，一直不到账，期间问客服，一直让等，说平台资金通道问题，间隔一个多月时间，4月22号，本人突然收到一封power trading 平台发送的邮件，提示说本人账户违规，并把本人账户资金清零；本人账户全程交易期间合规，可以调交易记录，不存在任何违规情况。平台恶意克扣交易本金，不给出金，黑平台。
Translate to English
2026-05-22 19:12
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咖啡001
more than one year
power Trading 不给出金 本人去年12与份在平台开户入金交易，交易期间一直正常出入金，有平仓之后提取盈利，亏损之后也有多次入金，本人在3月3号再次提交出本金2333 U，提交出金之后，一直不到账，期间问客服，一直让等，说平台资金通道问题，间隔一个多月时间，4月22号，本人突然收到一封power trading 平台发送的邮件，提示说本人账户违规，并把本人账户资金清零；本人账户全程交易期间合规，可以调交易记录，不存在任何违规情况。平台恶意克扣交易本金，不给出金，黑平台。
power Trading 不给出金 本人去年12与份在平台开户入金交易，交易期间一直正常出入金，有平仓之后提取盈利，亏损之后也有多次入金，本人在3月3号再次提交出本金2333 U，提交出金之后，一直不到账，期间问客服，一直让等，说平台资金通道问题，间隔一个多月时间，4月22号，本人突然收到一封power trading 平台发送的邮件，提示说本人账户违规，并把本人账户资金清零；本人账户全程交易期间合规，可以调交易记录，不存在任何违规情况。平台恶意克扣交易本金，不给出金，黑平台。
Translate to English
2026-05-20 16:42
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