Table of Contents Heading
- PowerTrend Advantages
- Is PowerTrend a scam?
- PowerTrend Trading Services
- Client Testimonials
- Final Thoughts
One of the new go-to brokers in the industry, PowerTrend is starting to make waves in the online brokerage community, attracting thousands of traders to make a prtrend sign in as the broker promises a number of trading advantages using its offered trading platforms in MT4 and xCritical.
Let us leaf through this prtrend rezension to know more about the broker – its background, regulatory standing, offered financial instruments, and other pertinent information that you need to take into consideration before making your first prtrend login.
If PowerTrend isn’t on your shortlist of considered brokers just yet, better read this PowerTrend rezension to help you be guided with the broker’s brokerage services which will surely make you think of putting the broker on top of your list.
PowerTrend Advantages
To start off, here are some reasons why you should trade with PowerTrend:
- Has two powerful trading platform offerings – a PowerTrend login will give you a happy problem of choosing between two equally powerful trading platforms in MT4 and xCritical.
- Offers an array of trading accounts, financial instruments, and trading tools – PowerTrend has a lot to offer in terms of variety as it houses four trading account types and hundreds of financial instruments covering several asset classes. The broker also offers a comprehensive facility for research, education, and the basics of trading.
- Is duly regulated – the biggest trade you’ll ever make in forex trading is not choosing among the currency pairs with high volume trading. Rather, the biggest trading you will ever make is choosing your broker as it will become a huge part of your success or failure in trading. That is why investors choose traders that are duly regulated. PowerTrend scammers you might have read from some PowerTrend reviews are definitely a hoax as the broker is a legitimate entity. (Let us dig deeper into this issue in the following segment of this article.)
- Offered promotions for both beginning and experienced traders – forex broker PowerTrend gifts traders with a 30% bonus upon successful first deposit. Special promotions await experienced traders including access to important and useful features including market news, ready-made profit plan, and other relevant resources that will help the trader make the soundest trading decisions for a bigger chance of trading profitably and definitely comfortable.
The following segments will walk you through the broker’s specific offerings, trading conditions, and other important features.
Is PowerTrend a scam?
This important question must need to be addressed once and for all so that your doubts and inhibitions hindering you from considering the broker will be totally fended off. Scrutinizing the prtrend official site to look for some signs of legitimacy about its business operations landed us on a page of the prtrend website that stipulates the broker’s affiliation with an actual and existing regulatory body – the IFMRRC (International Financial Market Relations Regulation Center). This financial regulator currently has 59 certified companies that observe the center’s regulatory standards and protocols in providing brokerage services internationally. Part of the list of those companies is PowerTrend.
In this sense, it is undeniably true that the broker is a legitimate business entity and is certified to offer financial services and investments to investors. Hence, malicious claims such as ‘prtrend scam’, ‘prtrend cheating’, along with other prtrend reviews claiming they were scammed by prtrend bear no sense and are definitely false accusations.
Apart from the broker’s regulatory certification, PowerTrend observes stringent security measures that enable secure trading among platform users. For one, the PowerTrend website is secured by SSL encryption for data privacy. Other security features are integrated into the trading systems that users access during trading transactions to ensure that their activities are secured.
PowerTrend Trading Services
Trading Accounts
The PowerTrend official site introduces us to four account options: Platinum, Gold, Standard, and Mini (in decreasing order based on required deposit). The Platinum account is the most luxurious trading account offered by the broker, with a $35,000 initial funding. This account gives the user all the trading privileges and the most favorable trading conditions the broker offers to give the most satisfying and the most convenient trading environment to the trader.
The Mini account provides users with basic tools and limited access to the trading features of the broker. The minimum deposit under this account type is set at $500.
Spreads and Leverages
Looking into the spreads of these account offerings, the tightest spread for the EUR/USD pair is the Platinum account which starts from 1.0 pips. The Mini account features spreads starting from 2.5 pips. Leverages for all account types are up to 1:200.
Financial Instruments
With over two hundred tradable products, PowerTrend covers the following financial markets:
- Currency pairs
- Stocks
- Futures
- Commodities
- Cryptocurrencies
Platform Offerings
PowerTrend offers MT4 and xCritical – among the top trading platforms offered in the industry. With solid platform offerings, PowerTrend is surely a good option for your brokerage needs. The decent and familiar MT4 platform is the industry standard capable of delivering fast trading execution and a convenient trading environment as it is equipped with indicators, charts, and other trading tools a trader would need for trading. It is also amenable to mobile trading as it has a mobile app version ready for download for iOS and Android-powered devices.
The xCritical trading platform, a promising trading platform we have in the brokerage scene today, is also a very good choice. With advanced trading features and tools, you can never go wrong trading using this platform. It also enables auto trading and lightning-fast execution. The xCritical software can be maximized by using other xCritical solutions to provide optimal trading transactions. It also has a mobile app version to enable trading on the go.
Funding Methods
Deposit and withdrawal transactions are made easy with PowerTrend. Three funding options are facilitated by the broker: using bank cards (debit & credit), cash replenishment (at the bank’s desk), and bank transfers.
Deposit and withdrawal fees are basically nonexistent with the broker. Bank commissions apply, however, when using bank transfers. The withdrawal request execution period ranges from 60 seconds up to five working days, depending on the option used.
Client Testimonials
Trading with PowerTrend have been quite a dive for me–but in a good way! The broker allows me to balance my work life with my trading life. The trading tools were highly efficient and the platforms provided were more than effective.
– Dinah Spellbreak, Casual Trader
I wouldn’t pretend to be a good trader, but with PowerTrend, I feel like I am somewhere I have always meant to be. The firm provided a beginner trader like me with all the necessary help to launch good trades with minimal risks. Thank you PowerTrend!
– Svetlana Ivanov, Entrepreneur
Final Thoughts
Forex broker Prtrend is definitely worth considering. Its offered services are pretty decent and its legitimacy is undoubtedly sound despite some claims of users scammed by power trend, power trend cheating, prtrend scammers, and other writings or testimonies tagging power trend scam.