Power Trading

WikiFX | 2024-11-28 17:54

Abstract：Power Trading was founded in 2018 in Australia, under the regulation of the Australia Securities and Investment Commision (ASIC). It uses MT4 as its trading platform, and offers trading services related to the forex, metals, oil, and CFD markets. However, this company does not provide services to customers in the US, Japan, Canada, and Iran.

Power TradingReview Summary
Founded	2018
Registered Country/Region	Australia
Regulation	ASIC
Market Instruments	Forex, precious metals, oil, and CFDs
Demo Account	✅
Leverage	1:1 - 1:400
EUR/USD Spread	STP Account: from 1.9 pips
EUR/USD Spread	ECN Account: from 0 pips
Trading Platform	MT4
Min Deposit	$100
Customer Support	Tel: +852 97999878
Customer Support	Email: admin@powertradingltd.com
Regional Restrictions	US, Japan, Canada, Iran

Power Trading was founded in 2018 in Australia, under the regulation of the Australia Securities and Investment Commision (ASIC). It uses MT4 as its trading platform, and offers trading services related to the forex, metals, oil, and CFD markets. However, this company does not provide services to customers in the US, Japan, Canada, and Iran.

Pros and Cons

Pros	Cons
Regulated well	Regional restrictions
Demo accounts	Unknown payment options
Flexible leverage ratios
MT4 provided

Is Power Trading Legit?

Yes, Power Trading is regulated by the Australia Securities and Investment Commision (ASIC).

Regulated Authority	Current Status	Regulated Country	License Type	License No.
Australia Securities and Investment Commission (ASIC)	Regulated	Australia	Appointed Representative (AR)	001307402

What Can I Trade on Power Trading?

Power Trading provides trading on forex, precious metals, CFDs, and oil.

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Precious Metals	✔
Oil	✔
Bonds	❌
Options	❌
ETFs	❌

Account Type/Fees

Power Trading provides 2 types of accounts: STP Account and ECN Account. Moreover, a demo account is also available.

Account Type	Min Deposit	Max Leverage	EUR/USD Spread
STP	$100	1:400	From 1.9 pips
ECN	$5,000	1:300	From 0 pips

Leverage

Power Trading offers flexible leverage ranging from 1:1 to 1:400. Traders need to consider carefully before investing, since high leverage is likely to bring high potential risks.

Trading Platform

Power Trading uses MT4 as its trading platform.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Web, desktop, mobile	Beginners
MT5	❌	/	Experienced traders

Broker Dealer

Related broker

Regulated

Power Trading

Company name：Power Trading Limited

Score

8.13

Website：https://www.power-trader.org/

2-5 years | Regulated in Australia | Straight Through Processing (STP) | Appointed Representative(AR)

Score

8.13

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