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Poweroy Limited-Some Important Details about This Broker

Poweroy Limited | 2023-01-10 17:50

Abstract：Establised in 2002, Poweroy Limited claims that it is headquartered in London, with direct branches in the United States, Vanuatu and Sydney, Australia. This broker boasts that it offers mainstream investment products covering forex, precious metals, energy and major global indices. When it comes to regulation, Poweroy Limited is not authorized or regulated by any regulatory authority, and thats why WikiFX has given it a very low score of 1.03/10. Please be aware of the risk.

Basic	Information
Registered Countries	N/A
Regulation	No License
Minimum Deposit	N/A
Maximum Leverage	N/A
Minimum Spread	N/A
Trading Platform	Webtrader
Trading Assets	forex, precious metals, energy and major global indices.
Payment Methods	N/A
Customer Support	Email Support Only

General Information

Establised in 2002, Poweroy Limited claims that it is headquartered in London, with direct branches in the United States, Vanuatu and Sydney, Australia. This broker boasts that it offers mainstream investment products covering forex, precious metals, energy and major global indices.

When it comes to regulation, Poweroy Limited is not authorized or regulated by any regulatory authority, and thats why WikiFX has given it a very low score of 1.03/10. Please be aware of the risk.

Market Instruments

Clients are provided with five classes of trading instruments, covering Forex, Precious Metals, Crude Oil, Indices, as well as Cryptocurrency.

Foreign Exchange-Up to dozens of mainstream forex pairs including EUR/USD, USD/CAD, GBP/USD, etc.
Precious Metals-Gold, Silver
Crude Oil- US Crude Oil (USOIL) trading
Indices- Hong Kong Seng Index (HK50), German Index (GER30), S&P 500 Index (US500)
Cryptocurrency-Dozens of mainstream digital currency pairs including Bitcoin, Ether, Ripple, etc.

Leverage

Poweroy Limited does not elaborate on what trading leverage it provides. However, since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.

Trading Platform

What Poweroy Limited provides is not the MT4 OR MT5 trading platform, a web-based online trading platform instead.

Customer Support

Getting in touch with Poweroy Limited is not an easy thing, for only an email address is provided. other more convenient and responsive contact channels, like phone support and online chat, are not available.

Here is the contact information: info@poweroryfx.com

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros	Cons
None	No regulation
	Insufficient website information
	Weak platform
	Poor customer support

Frequently Asked Questions

Is Poweroy Limited regulated？

No, Poweroy Limited is not regulated anyway.

What items can I trade with on Poweroy Limited？

Poweroy Limited offers access to Forex, Precious Metals, Indices, Futures, Gold, Bitcoin, Futures.

What trading platform does Poweroy Limited offer？

Poweroy Limited offer a web-based online trading platform.

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