Item: Power Trading
Rating: 5.20

Company Name

Power Trading Limited

Abbreviation

Power Trading

Platform registered country and region

Australia

Company website

Pyramid scheme complaint

Expose

Review 5

5 Comments

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All(5) Latest Positive(1) Neutral(3) Exposure(1)

Exposure

Account blocked, withdrawal not received.

I have previously reported to the real-name reporting platform. I made a profit of $4000 on the platform, but my withdrawal request has not been reviewed. The next day, my backend and account were banned. The platform sent me an email asking me to submit the account statement for deposit and proof of my income. I submitted them as requested by the platform. I also requested the platform to provide me with my order records. However, the platform did not reply to me the next day and forcibly refunded my principal. They also did not reply to my emails. I request the platform to refund me the profit portion.

二哥

09-25

Neutral

Slow Withdrawal Processing: No Issues, Just Takes Days

Haven't had any problems with withdrawals, but it takes a few business days to process.

Ricardo Lim

07-10

Neutral

Power Trading Platform: Robust Tools, Responsive Service, Higher Spreads

Power Trading offers a robust platform with a wide range of tools that are great for both new and experienced traders. Their customer service is responsive and helpful, providing quick solutions whenever I've faced an issue. However, I've noticed that their spreads can be slightly higher compared to other brokers, which might be a consideration for cost-sensitive traders.

Broker43330

06-14

Neutral

Excessive Spreads Hinder Trading on Multiple Pairs

Yours spreads are unreasonably too huge on other pairs. It makes it virtually difficult to trade.

Allen Wu.

04-26

Positive

MT4 platform is intuitive, and their educational resources helped me improve my trading skills

Dung Le

07-19

No more

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

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

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

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

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

Score

Power Trading

Rating Index

MT4/5 Identification

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Trading Platform

Review 5

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