Score

1.56 /10
Danger

PWRTRADE

Marshall Islands

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.38

Risk Management Index0.00

Software Index4.00

License Index0.00

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

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Warning: Low score, please stay away! 2
Previous Detection : 2025-11-05
  • It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

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User Reviews

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User comment

3

Comments

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Wendy52114
more than one year
I have been trading with PWRTRADE for about a year now and overall, I had a terrible experience with PWRTRADE. They pressured me to deposit more money than I was comfortable with and then I ended up losing it all because their platform was slow and glitchy. I've had some issues with the platform freezing up during high volatility periods, which has caused me to lose money on some trades. When I tried to withdraw my remaining funds, they made me jump through a bunch of hoops.
I have been trading with PWRTRADE for about a year now and overall, I had a terrible experience with PWRTRADE. They pressured me to deposit more money than I was comfortable with and then I ended up losing it all because their platform was slow and glitchy. I've had some issues with the platform freezing up during high volatility periods, which has caused me to lose money on some trades. When I tried to withdraw my remaining funds, they made me jump through a bunch of hoops.
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2023-04-23 15:27
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taivnaa
more than one year
On the plus side, PWRTRADE offers a decent range of trading instruments and the platform is pretty easy to use. However, their customer service is seriously lacking - it takes forever to get a response and they're not very helpful when they do finally get back to you. And don't even get me started on their withdrawal process - it's a nightmare. Plus, the fees are kinda high compared to other brokers I've used.
On the plus side, PWRTRADE offers a decent range of trading instruments and the platform is pretty easy to use. However, their customer service is seriously lacking - it takes forever to get a response and they're not very helpful when they do finally get back to you. And don't even get me started on their withdrawal process - it's a nightmare. Plus, the fees are kinda high compared to other brokers I've used.
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2023-04-23 15:20
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