Score
Australia
|
2-5 years
|
Environment D
|https://www.power-trader.org/
Website
Rating Index
Environment
D
Average transaction speed (ms)
MT4/5
Full License
PowerTrading-Live
Influence
D
Influence index NO.1
Turkey 2.41Speed：B
Slippage：A
Cost：A
Disconnected：D
Rollover：D
MT4/5 Identification
Full License
Hong KongInfluence
D
Influence index NO.1
Turkey 2.41
LicensesLicensed Entity：POWER TRADING CAPITAL LTD
License No. 426800
Single Core
1G
40G
1M*ADSL
Australia
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
WikiFX Data provide
power-trader.org hj-fx.com hjyd-ui.com
powertrader.world powertradingltd.com| Power Trading Review Summary | |
| Founded | 2013 |
| Registered Country/Region | Australia |
| Regulated | ASIC |
| Market Instruments | Forex, precious metals, crude oil, indices |
| Demo Account | / |
| Leverage | 1:100-1:400 |
| EUR/USD Spread | Floating around 19 |
| Trading Platform | MT4 |
| Minimum Deposit | / |
| Customer Support | Tel: +852 90190106 |
| Email: admin@powertradingltd.com | |
| Address: level 1, 9 queen street Melbourne VIC 3000 | |
| Twitter, Facebook, Instagram, YouTube | |
| Regional Restrictions | The 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.
| Pros | Cons |
| Regulated by ASIC | Regional restrictions |
| Various trading markets | Limited info on account features |
| Flexible leverage | Limited payment methods |
| MT4 platform |
| Regulated Country | Regulated Authority | Current Status | Regulated Entity | License Type | License Number |
| Australia | Australia Securities & Investment Commission (ASIC) | Regulated | POWER TRADING CAPITAL LTD | Straight Through Processing (STP) | 426800 |
| Trading Instruments | Supported |
| Forex | ✔ |
| Precious Metals | ✔ |
| Crude Oil | ✔ |
| Indices | ✔ |
| Other Commodities | ❌ |
| Stocks | ❌ |
| Cryptos | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
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.
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 | Supported | Available Devices | Suitable for |
| MT4 | ✔ | Mac, PC, iOS, Android | Beginners |
| MT5 | ❌ | / | Experienced traders |
Power Trading accepts deposits and withdrawals via bank transfer. However, specific info like deposit and withdrawal processing time and associated fees is not revealed.
Power Trading offers two account types: the STP Account, with a minimum deposit of $100 and leverage of up to 1:400, and the ECN Account, which requires a minimum deposit of $5,000 and offers leverage up to 1:300.
The main drawbacks of Power Trading are its regional restrictions, including the inability to provide services to customers in the US, Japan, Canada, and Iran, and its unclear payment options.
Power Trading offers two account types: the STP Account with a spread from 1.9 pips and the ECN Account with a spread starting from 0 pips. There are no commissions mentioned for the STP account, but the ECN account requires a higher minimum deposit of $5,000.
Withdrawal times are not explicitly provided. It’s advisable to reach out to Power Trading's customer support for more detailed information.
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携子之手
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
二哥
Taiwan
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.
Exposure
Dung Le
Hong Kong
MT4 platform is intuitive, and their educational resources helped me improve my trading skills
Positive
Ricardo Lim
Netherlands
Haven't had any problems with withdrawals, but it takes a few business days to process.
Neutral
Broker43330
New Zealand
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.
Neutral
Allen Wu.
Belarus
Yours spreads are unreasonably too huge on other pairs. It makes it virtually difficult to trade.
Neutral