Global Broker Regulation Inquiry App
WikiFX

Score

0 1 2 3 4 5 6 7 8 9
.
0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10
The WikiFX Score of this broker is reduced because of too many complaints!

Power Trading

Australia Australia | 2-5 years | Environment D |
ECN Account Suspicious Regulatory License | MT4 Full License | Global Business | High potential risk

https://www.power-trader.org/

Website

Rating Index

Environment

Environment

D

Average transaction speed (ms)

331 Great

MT4/5

Full License

PowerTrading-Live

United States
United States
MT4
6
The WikiFX Score of this broker is reduced because of too many complaints!

Environment

Speed:AA

Slippage:C

Cost:C

Disconnected:A

Rollover:D

MT4/5 Identification

MT4/5 Identification

Full License

6
Server Name
PowerTrading-LiveMT4
Server LocationUnited StatesUnited States

Contact

+852 90190106
https://www.power-trader.org/
Unit 225-12, 2nd Floor, MEGA CUBE, 8 WANG KWONG ROAD, KOWLOON BAY, HONG KONG

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Keywords 5
2-5 years
Suspicious Regulatory License
MT4 Full License
Global Business
High potential risk
Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
4

Basic Information

Registered Region
Australia
Operating Period
2-5 years
Company Name
Power Trading Limited
Abbreviation
Power Trading
Company employee
--
Customer Service Email Address
supports@powertrader.world
Contact Number
+85290190106
Company Address
Unit 225-12, 2nd Floor, MEGA CUBE, 8 WANG KWONG ROAD, KOWLOON BAY, HONG KONG
^_^71648

^_^71648

Verified

Hong Kong

It has been a month since I applied for withdrawal, and they have not processed it

Exposure

^_^71648

^_^71648

Verified

Hong Kong

This platform is a scam platform, unable to withdraw funds

Exposure

FX3247679011

FX3247679011

Verified

Hong Kong

Severe slippage, and does not allow withdrawals after making a profit.

Exposure

^_^71648

^_^71648

Verified

Hong Kong

Applied for withdrawal three times, none went through, not sure how much longer it will be delayed

Exposure

^_^71648

^_^71648

Verified

Hong Kong

My withdrawal request to cryptocurrency has been pending for three business days without review. Every time I message customer service, they just pass the buck and tell me to wait. I've had no choice but to cancel the withdrawal. I want to know exactly why the platform can't process withdrawals.

Exposure

泰戈尔没有诗集

泰戈尔没有诗集

Verified

Hong Kong

I deployed an EA for trading on the Power platform. I learned about this EA through the platform's open observation account 5891****. After observing its remarkable profitability, I contacted the author and purchased it for 3000 USDT. The author did not impose any platform restrictions. Considering that observation account 5891**** operated on the Power platform, I registered on the platform and deployed this EA for trading. The very next day after registration, I encountered abnormal slippage on my account. Prices reached stop-loss levels yet failed to trigger them, instead continuing in the opposite direction—screenshots serve as evidence. I immediately shut down the EA and contacted my account manager for clarification. The account manager responded that the platform operates as a counterparty trading platform using an MM (Market Maker) model, and my profits would be subject to risk control slippage adjustments by the risk management department. I promptly inquired why the observation account 5891**** showed no slippage. The account manager explained that this was a test account. But if the account type was clearly a live trading account, how could it suddenly become a test account? Doesn't this observation account 5891**** raise suspicions of deceiving investors? The author and the platform colluded, disguising it as a live account to attract users while selling the EA. The more I think about it, the more terrifying it becomes—it's a blatant scam. After receiving the account manager's response telling me not to use this EA anymore, promising to remove me from the slippage pool in a few days (all conversations are documented in chat logs). I respected the platform's request and never reactivated this EA. However, due to the platform's previous malicious slippage manipulation and tolerance of fraudulent test accounts, I developed serious doubts about its integrity. With concerns that withdrawals might become difficult on a fraudulent platform, I immediately submitted an on-chain withdrawal request on December 31, 2025. The request remained pending review until January 5, 2026, when I received an email notification that the account had been reviewed. As anticipated, the withdrawal was denied. The platform threatened to close the account according to their so-called procedures, return the principal, recover profits from alleged violations, and revoke all commissions already paid. I submitted the required documentation as requested, but the response remained consistent: violation of trading rules and recovery of profits. I believe this platform is a classic scam operation—refusing to pay out profits, operating on a counterparty betting model where losses are inevitable while gains are impossible. If you do manage to profit, they increase slippage to wipe out your gains early. Even if you manually achieve profits, they'll label it as a violation. As is widely known, EAs are merely tools, and no “holy grail” exists. Forex platforms in Europe, the US, and elsewhere support all types of EA trading. Moreover, the EA I used was not designed for consistent profits; it frequently triggers stop-losses, adhering to a strict stop-loss logic per trade. Amid heightened geopolitical tensions, gold volatility has surged. Last year's largest daily swing was just $20, but now swings of $100 are commonplace. Yet my EA typically holds positions for over 3 minutes, with slightly higher trade frequency during active sessions like the US session—but this has absolutely nothing to do with scalping. Please be vigilant against fraudulent platforms. Trading is tough enough; don't let these scams steal our hard-earned money!

Exposure

FX1813026052

FX1813026052

Unverified

Hong Kong

Profits not given for withdrawal, these small platforms really can't afford to play. Once you make a profit, they say you violated the rules, block the withdrawal, and now the account is invalid, and the backend can't be logged into either. Luckily, I saved evidence before, and also these unscrupulous agents. Everyone be careful, don't choose these small platforms anymore.

Exposure

FX4215140994

FX4215140994

Unverified

Hong Kong

Despite multiple communications, no resolution has been provided. Contacting the agent only results in inconsistent statements and delays. I receive no emails and customer service fails to respond. After depositing funds and trading, I incurred a loss of over $100 and chose to withdraw. The request has been stuck in pending status ever since, with customer service claiming it requires agent confirmation.

Exposure

尚哥

尚哥

Unverified

Hong Kong

Profits are not allowed to be withdrawn!

Exposure

Max9801

Max9801

Unverified

Hong Kong

30 Bonus Campaign, Profitable Account Deactivated and Cannot Log In

Exposure

伟大的梦想

伟大的梦想

Unverified

Hong Kong

Power Trading platform has been under review since the 14th and is still unable to process withdrawals as of the 17th.

Exposure

天下溪

天下溪

Unverified

Hong Kong

I placed all orders and copied trades via mobile. With over 1000 in principal, I made around 4000 in profit, and they directly deducted the profits.

Exposure

FX4215140994

FX4215140994

Unverified

Hong Kong

I deposited $2,000 into Power Trading, made a profit of over $100, and requested a withdrawal. After several days without the funds arriving, I canceled the withdrawal and reapplied. Now, three days later, it's still pending review. Despite multiple communications with customer service, there has been no resolution, and they even told me to confirm with the platform's agent. This is despicable, shameless, and unreasonable.

Exposure

FX3315820789

FX3315820789

Unverified

Hong Kong

Scam platform. After opening an account and depositing funds, my backend access was deleted, preventing withdrawals. Contacted customer service for two months with no response. Scam platform—be cautious, folks. They've likely already disappeared.

Exposure

飞

Unverified

Hong Kong

Profits earned on this platform cannot be withdrawn, only the principal is returned. Moreover, the platform forcibly changed my trading and observation passwords, then deactivated my account.

Exposure

携子之手

携子之手

Authenticated
Unverified

United States

Everyone, beware of the broker Power Trading!! I deposited $2000 six months ago and cannot withdraw my profits. They even deleted my account.

Exposure

FX8178081502

FX8178081502

Unverified

Hong Kong

The studio they cooperate with took our account to induce us to do EA. How could there be 0.00 in the orders? Are they treating customers as fools? Amend the data when there is a floating loss? Are they just looking to brush up on brokerage fees with my account? Avoid at all costs!

Exposure

FX1824690791

FX1824690791

Unverified

Hong Kong

My name is He Lili, trading accounts 5633551; 5636487 with a total deposit of 7400 US dollars. I withdrew 5026 US dollars, then one of my accounts remained with 1139 and another one with 500. The platform doesn't allow me to log in or process withdrawal, no official personnel contacted me. I tried to contact the platform but got no official response. I trade manually but now the platform doesn't process my withdrawal without giving any reason. My remaining funds are 1139 + 500 US dollars, totally 1639 US dollars, and I lost over 800 US dollars on the platform. As you wish to expand, if you don't process this small amount of money, how can you continue in the future?

Exposure

梁威

梁威

Unverified

Hong Kong

On Friday, March 14th, I held positions until Monday, March 17th. Seven short positions of 0.01 lots each resulted in a total loss of 644,731.33, with the highest single loss reaching 132,130.44 on oil and gold trades. The prices never reached these points. This is clear broker fraud and robbery.

Exposure

诚信赢天下36423

诚信赢天下36423

Unverified

Hong Kong

This unscrupulous platform has made my account invalid without any reason. I have sent emails but received no response. There are still open trades in my trading account. Is there no justice or fairness left? It's outright robbery! Please stay away from this malicious platform—anyone who use it will regret it.

Exposure

诚信赢天下36423

诚信赢天下36423

Unverified

Hong Kong

Trading accounts become invalid without any reason during normal trading. There were still open positions in it, and they didn't even notify me; they just ran off with the money. Whoever uses it, suffers losses.

Exposure

xwzcqq

xwzcqq

Unverified

Hong Kong

Don't use this black platform; it's really frustrating. Can't even open the official website's backend. Seriously, don't use it.

Exposure

叫ba

叫ba

Unverified

Hong Kong

Power Trading deducts my profits for no reason, and takes my capital, and my account is frozen.

Exposure

37
Account
Related Software
Environment
Website
Company Summary
Wiki Q&A
Comment
MT4/5
Full License MT4
Full License MT4
2
MT4 Servers
0
MT5 Servers
128.57
velocityIcon
Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 4
Meta Trader 4
Perfect

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Environment

Average transaction speed(ms)
331 Great
The highest transaction speed(ms)
15 Perfect
The highest speed of opening positions(ms)
27 Perfect
The highest speed of closing position(ms)
15 Perfect
The lowest speed of opening positions(ms)
1891
The lowest speed of closing position(ms)
1954
24.96USD/Lot Poor
23.09USD/Lot Perfect
Long: -13.9USD/Lot    Short: -2.4USD/Lot Poor
Long: -55.75USD/Lot    Short: 10.54USD/Lot Poor
Average slippage
2.5 Poor
Maximum transaction slippage
16
Maximum positive slippage
2 Poor
Maximum negative slippage
16 Good
Average disconnection frequency (times/day)
0.2 Perfect
Average reconnection time (millisecond/per request)
67.9
Ranking: 116 / 125
Test user 175
Orders 17,591
Ocuppied margin $2,243,321 USD
Data Source
vpsWikiFX Data provide
Updated:2026-02-03 01:00:00

Website

  • United States power-trader.org
    38.181.56.32
  • United States hj-fx.com
    89.116.211.51
  • United States hjyd-ui.com
    13.248.213.45
  • Singapore powertrader.world
    43.134.113.89
  • United States powertradingltd.com
    89.116.211.51

Company Summary

Power Trading Review Summary
Founded2013
Registered Country/RegionAustralia
RegulatedASIC
Market InstrumentsForex, precious metals, crude oil, indices
Demo Account/
Leverage1:100-1:400
EUR/USD SpreadFloating around 19
Trading PlatformMT4
Minimum Deposit/
Customer SupportTel: +852 90190106
Email: admin@powertradingltd.com
Address: level 1, 9 queen street Melbourne VIC 3000
Twitter, Facebook, Instagram, YouTube
Regional RestrictionsThe United States, Japan, Canada, Iran, etc.

Founded in 2013, Power Trading is a forex broker registered in Australia, offering trading in forex, precious metals, crude oil, and indices with flexible leverage of 1:100-1:400 and floating spreads on the MT4 platform.

Power Trading's homepage

Pros and Cons

ProsCons
Regulated by ASICRegional restrictions
Various trading marketsLimited info on account features
Flexible leverageLimited payment methods
MT4 platform

Is Power Trading Legit?

Regulated CountryRegulated AuthorityCurrent StatusRegulated EntityLicense TypeLicense Number
AustraliaAustralia Securities & Investment Commission (ASIC)RegulatedPOWER TRADING CAPITAL LTDStraight Through Processing (STP)426800
Regulated by ASIC

What Can I Trade on Power Trading?

Trading InstrumentsSupported
Forex
Precious Metals
Crude Oil
Indices
Other Commodities
Stocks
Cryptos
Bonds
Options
ETFs

Account Type

Power Trading offers two account types, Standard account and ECN account. The broker claims that spread on the ECN account is floating around 0.0 pips.

Standard account
ECN account

Leverage

Power Trading offers flexible leverage, ranging from 1:100 to 1:400. Please note that high leverage can amplify not only profits but also losses.

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for
MT4Mac, PC, iOS, AndroidBeginners
MT5/Experienced traders
MT4 platform

Deposit and Withdrawal

Power Trading accepts deposits and withdrawals via bank transfer. However, specific info like deposit and withdrawal processing time and associated fees is not revealed.

Keywords

  • 2-5 years
  • Suspicious Regulatory License
  • MT4 Full License
  • Global Business
  • High potential risk

User Reviews37

All (37) Positive (1) Neutral (3) Exposure (33)
泰戈尔没有诗集
泰戈尔没有诗集
Within 1 year
Verified
Exposure
Fraudulent platforms withhold profits, citing violations and scalping tactics to block withdrawals.
I deployed an EA for trading on the Power platform. I learned about this EA through the platform's open observation account 5891****. After observing its remarkable profitability, I contacted the author and purchased it for 3000 USDT. The author did not impose any platform restrictions. Considering that observation account 5891**** operated on the Power platform, I registered on the platform and deployed this EA for trading. The very next day after registration, I encountered abnormal slippage on my account. Prices reached stop-loss levels yet failed to trigger them, instead continuing in the opposite direction—screenshots serve as evidence. I immediately shut down the EA and contacted my account manager for clarification. The account manager responded that the platform operates as a counterparty trading platform using an MM (Market Maker) model, and my profits would be subject to risk control slippage adjustments by the risk management department. I promptly inquired why the observation account 5891**** showed no slippage. The account manager explained that this was a test account. But if the account type was clearly a live trading account, how could it suddenly become a test account? Doesn't this observation account 5891**** raise suspicions of deceiving investors? The author and the platform colluded, disguising it as a live account to attract users while selling the EA. The more I think about it, the more terrifying it becomes—it's a blatant scam. After receiving the account manager's response telling me not to use this EA anymore, promising to remove me from the slippage pool in a few days (all conversations are documented in chat logs). I respected the platform's request and never reactivated this EA. However, due to the platform's previous malicious slippage manipulation and tolerance of fraudulent test accounts, I developed serious doubts about its integrity. With concerns that withdrawals might become difficult on a fraudulent platform, I immediately submitted an on-chain withdrawal request on December 31, 2025. The request remained pending review until January 5, 2026, when I received an email notification that the account had been reviewed. As anticipated, the withdrawal was denied. The platform threatened to close the account according to their so-called procedures, return the principal, recover profits from alleged violations, and revoke all commissions already paid. I submitted the required documentation as requested, but the response remained consistent: violation of trading rules and recovery of profits. I believe this platform is a classic scam operation—refusing to pay out profits, operating on a counterparty betting model where losses are inevitable while gains are impossible. If you do manage to profit, they increase slippage to wipe out your gains early. Even if you manually achieve profits, they'll label it as a violation. As is widely known, EAs are merely tools, and no “holy grail” exists. Forex platforms in Europe, the US, and elsewhere support all types of EA trading. Moreover, the EA I used was not designed for consistent profits; it frequently triggers stop-losses, adhering to a strict stop-loss logic per trade. Amid heightened geopolitical tensions, gold volatility has surged. Last year's largest daily swing was just $20, but now swings of $100 are commonplace. Yet my EA typically holds positions for over 3 minutes, with slightly higher trade frequency during active sessions like the US session—but this has absolutely nothing to do with scalping. Please be vigilant against fraudulent platforms. Trading is tough enough; don't let these scams steal our hard-earned money!
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Hong Kong

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