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PWRTRADE -

Score

1.52 /10
Danger

PWRTRADE

Marshall Islands

5-10 years

Suspicious Regulatory License

High potential risk

https://pwrtrade.co

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Regulatory Index0.00

Business Index7.09

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

PWRTRADE · Company summary

Official Website Unavailable

Due to PWRTRADE 's inaccessibility at the moment, we could only collect some useful information from another website in order to get a rough picture of this broker.

General Information

PWRtrade, which was founded in 2015, is a binary option broker based in the Marshall Islands. It is owned by the Bulgarian firm GM Capital. Traders can trade indices, equities, commodities, and currency pairs on major financial markets using PWRtrade's innovative platform.

Market Instruments

There are more than 120 assets on major financial markets offered by PWRtrade, including indices, equities, commodities, and currency pairs.

Account Types

Five different account types are available at PWRtrade. With a $250 deposit, you can open a Bronze account. A Silver account requires $2,000 to open and comes with a 50% bonus and five risk-free trades of $100 each. The Gold account can be opened with $10,000, and you will get a bonus of 75% and 5 risk-free trades at ten times the amount offered in the Silver account: $1,000 each. For a Platinum account that offers a bonus of 100%, you will need $25,000, and for a Diamond account, $50,000 is needed for a bonus of 100%.

Trading Platforms

The PWRtrade web-based platform has been built through web technologies and is equipped with some of the trading tools necessary to monitor, manage, and analyze your trading portfolio.

Deposit & Withdrawal

At PWRtrade, the minimum deposit amount is $250 or its equivalent in another currency. Funding may be done using a credit or debit card--Visa or MasterCard--or by wire transfer. To process a credit card deposit, you must deposit a minimum of $250 and a maximum of $5,000.

Deposits sent by wire transfer have no limit, and deposits sent by Western Union require a minimum of $10,000.

Withdrawals are not subject to minimum amounts, and they are transferred in the currency of your choice and via the most convenient method. The range of withdrawal options includes Visa, Visa Electron, Maestro U.K., Maestro, Delta, and MasterCard. PWRtrade also supports Wire Transfers, e-Wallets (Neteller, Union Pay, and CashU), and other methods.

Contact Info

You can reach this company by phone: 442039364040, as well as by email: support@pwrtrade.co.

User Reviews

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User comment

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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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