Is Power Trend A Scam?
Аналитический Центр Power Trend04.12.2021
Czy Lepiej Zainwestować W Kurs Czy Książkę Tradera21?05.12.2021
The VIP GOLD account requires the minimum amount of the deposit to be $50,000. This type of the account enables the client to trade 5 days during the week in a time span fro 9.00 a.m to 9.00 p.m. The second type of the account provided by Power Trend is the VIP PLATINUM account and this type of the account requires the minimum amount of deposit to be $500,000. Power Trend Forex broker also provides the clients who use the VIP PLATINUM account with the 28 percent of interest rate per annum. I can only agree, sometimes unregulated brokers may be okey and if the broker is unregulated that doesn’t mean that it’s scamm or fraud.
You should consider whether you are fully aware of the risks involved and the high probability of losing your money. Power Trend is a broker regulated by CySEC, with an offshore entity in Saint Vincent and the Grenadines. The broker is legally operating in the EEA zone and few additional countries. Besides that, it is providing financial services worldwide from its offshore entity. This broker, based on the account types, is more targeting professional traders. The offer is open to all account holders providing you have been trading actively (at least 2 traded lots for every $1,000 in equity), and funds have stayed in your account for the whole month.
The Regulator Of The Broker
You can get information about this through brokerage forums or sites where people have posted their reviews about this broker. The other and authentic way to find these details is to invest in fund recovery specialists. These professionals are meant to recover your fund from scammers but they can also help you to stay away from scam brokers and trading platforms.
The broker has an impressive experience, working more than 17 years; several dozen offices around the planet; recognized international authority, reliability. Recently I made a request for withdrawal and was worried about the reability of Power Trend, but everything went without delay, was able Foreign exchange market to withdraw money and transfer to the card without any problems. I’m using Power Trend for sync-trading for quite long time and never faced any problems before . Power Trend gives we an opportunity to monetize my savings and the profitability is much higher than investing in conservative assets.
Risk Warning — Trading CFDS, FX and Cryptocurrencies involves a high degree of risk. You should consider whether you can afford to take the risk of losing your money. The trader resource department at Power Trend is very eur insightful for new dealers since it allows them to have a closer look in the financial markets. Power Trend caters to all sorts of traders and are a must-have broker for any well-diversified approach to online trading.
From our own experience and reviews of real account holders, we have ranked the broker based against important parameters prtrend scammers below. A managed forex account is where a professional trader/money manager manages the trading on the clients’ behalf.
Please note that due to regulations, the content in this Power Trend review does not apply to US users. This Power Trend review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. This is particularly the case for countries that have been classified as having high risk for funding terrorism or other illegal activities.
It’s expected to keep evolving, providing traders with more unique opportunities. 1) The 24% bonus is granted by the broker to actively trading traders. To get a bonus, you need to actively use their trading platform. More details about the terms of the bonus please check with your personal manager. On the Internet Power Trend has a variety of reviews, but it is worth noting that most of them are positive. Traders respond well about the convenience of working on the website and in the platform. They also add that the broker gives an opportunity to earn real money and mention beneficial terms of cooperation and interesting services.
This Power Trend review breaks down every one of the relevant non-trading fees for you in detail. Power Trend, as a business, has a strong collection of rules for ensuring honest trading onto its platform. For information encryption functions, it provides an industry-standard secure socket layer . FXPIG is an established forex broker company in the Republic of Vanuatu. Power Trend accepts investors and traders from all over the world that wish to speculate on the prices of Currency Pairs, Indices, Commodities, Energies, Stocks, ETFs and Cryptocurrencies online.
Performing Trades With Power Trend
Regulated Forex brokers are less likely to cheat their clients and where such infractions happen, regulators are empowered by the laws of their respective jurisdictions to apply appropriate sanctions. Please note that all Power Trend demo account complaints are not reflected in the real account. Accountholder is advised to check the demo account for the possible issues with Power Trend before investing through this broker. Fund recovery specialists can investigate the demo account for possible Power Trend complaints. Sometimes you can get the details of the broker complaints on the demo account complaints section.
Let other traders know if this service is worth checking or should be avoided. Please make sure your comments are appropriate and that they do not promote services or products, political parties, campaign material or ballot propositions. Comments that contain abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind will be deleted.
We recommend you making use of negative balance protection. Using negative balance protection ensures your losses will always be limited to the current balance of the money in your account. Power Trend CFDs are typically used for short to medium term trades.
The major websites will rate the brokers in the different segments. You need to take a look a thorough review and then decide on the broker that suits best your needs. If you believe any broker is providing low spread, you can check from other websites also to confirm the same. Nowadays, most users have started using social networking sites for getting feedback about any particular broker or for any specific problem which they are facing during their trading. The best way to know any broker in a better way is to read the reviews and feedback provided by previous traders. You can easily know the common issue while going through the feedback from other users.
- Apart from the multiple contact channels, you will also be pleased to know that the site comes with a brilliant FAQ section.
- You’ll discover the clean design of the platform along with the commendable features that a pleasure to work with.
- There is a VIP Platinum Status account for traders depositing more than $500,000 in their trading accounts.
- Spreads can be narrower or wider, depending on the currency involved, the time of day a trade is initiated, and economic conditions.
- If the free is that good, then the paid one should be even better.
- The broker has been awarded over 30 international awards for various aspects of their services and has thus developed a highly reputable reputation in the online trading space.
CFDs are leveraged products and can result in the loss of your capital. You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 5 minutes or so to complete the account opening process. Let’s say for example you buy ten thousand dollars worth of General Electric using contracts for difference using the Power Trend trading platform. So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. If a market order is not fulfilled by your brokerage usually no commission is charged. A Tier 1 bank is considered the safest and most secure regarding client capital.
Understand that the MetaTrader 4 trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements with Power Trend. Be aware that different entities under the Power Trend Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client. Additionally, the trading instruments offered by Power Trend may vary depending on the trading platform you choose to trade with. You must always review deposit fees as some brokers may charge a fee when you deposit funds from your payment method to your trading account.
Power Trend is one of them, and I can trust it and don’t care about my trading security. I don’t copy trades here, although this service is aggressively promoted. I like the process and enjoy each time I forecast the market correctly. The quality of the trading process is quite predictable for a company that works in the industry for more than twenty years. Minimum deposit 100 USD Many trading assets No requotes Low spreads from 0.2 pips A lot of good training on the broker’s website. The other on-demand project of the company is called the Personal Trader and is developed for both investors and traders. This is a kind of traders’ database, information from which is freely available.
When you transfer money into your trading account from your bank account, a deposit fee can be billed by the broker. Most agents don’t charge too much money for this particular operation. Even if no fees have been implied by Power Trend, it is better that you close the account if you are inactive. Inactivity fees aren’t just charged by brokerage companies prtrend cheating but also many financial services. Moreover, the withdrawn money will be moved directly to the accounts you use to create deposits. Thus, if you used a credit card for deposits, then the withdrawn money is going to be sent to the card. Power Trend will ask you to provide other withdrawal methods in case your details have changed since your deposit.
The MT4 MultiTerminal is also available, which supports retail account management. Trading on the financial markets with Power Trend is not a get rich scheme. If you educate yourself, practise with a demo account and Foreign exchange autotrading carefully plan your trading your chance of success will greatly increase. MetaTrader 4 MultiTerminal provides a intuitive easy to use dashboard where traders can administer and supervise several trading accounts.
Power Trend will send an SMS to your mobile device with your password and login information. Tele Trade offers the MT4, MT5 and Web Trader forex trading top platform. Power Trend.eu offers over 65 forex currency pairs, gold, silver, cfds, indexes, energies, stocks, ETF, bitcoin and other cryptocurrencies, for your personal investment and trading options. I have found with Power Trend everything for making money in the financial markets. At first, I just connected my account to the Synchronous Trading service. This is the easiest way to set up a stable income stream with one click.