Is PWR Trade a Scam?
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|Official Website URL||www.pwrtrade.com|
|Address||GN Capital 75518, Trust Company Complex, Majuro, Marshall Islands|
|Support Types||Live Chat, Phone, Contact Form, E-mail|
|Minimum 1st Deposit||$250|
|Minimum Trade Amount||$25|
|Scam or Not?||Up to 100%|
|Free Demo Account||Open Demo|
|Account Types||Bronze, Silver, Gold, Platinum, Diamond|
|Deposit & Withdrawal Methods||VISA, MasterCard, Maestro, Diners Club, American Experss|
|Number of Assets||100+|
|Account Currency||USD, EUR, GBP, CAD|
In the world of binary options there are no limitations in front of scam platforms and profitable opportunities alike. While there is always the chance of users losing their entire investments, one can make up for this by doing lots of preliminary research before getting started with a software and signing up with a proven to be legit solution the next time around. For what is worth, online brokerages are regarded as more secure because of the fact that they are most often regulated.
This review is based on an inquiry performed into PWRTrade binary options broker. Its founders state that education is the key to successful investments and the official website of the platform features an extensive and ever-expanding Virtual Academy. It seeks to provide users with the possibility to execute successful financial operations while learning at the same time. But is PWR Trade genuine in its issued statements? Is there a likelihood of it being scam? Or maybe it is a proper and legit binary options broker?
Review Verdict: PWR Trade is Not a Scam
PWR Trade – Is it a Reliable or Scam Platform?
This binary options investment broker operates under one of the strictest SSL technology standards. It also uses an encryption protocol that is very high. All transactions and communications are carried out in a ‘watertight’ manner, as the team behind the platform explains. PWR Trade is still waiting to receive its CySEC license and approval, but it should be coming in most recent times. The online profit amplifying solution has been generally well-regarded by users and reviews have been praising it.
The company behind PWRTrade is GN Capital Ltd. and has a registered headquarters at the address: Sofia 1309, Vazrazhdane District, Aleksandar Stamboliiski Blvd., Bulgaria. Based on what is available on the Internet about this binary options broker, it is considered a legit addition to the industry. Traders can rest assured when opening an account with it.
PWRTrade Broker Investment Platform
This binary options trading broker utilizes a highly efficient and powerful investment platform. Personal data is completely secure and safe. Operations are executed at an expedited speed and it works quite good on any given device – be it Mac, PC, Android or Apple.
Also, PWRTrade has a proven solid success and payout rate. There have been close to no reported problems with any of the brokerage’s special features. PowerTrade has undertaken a highly publicized anti-laundering mission.
Power Trade Binary Broker Asset Types
This online binary broker platform features a wide variety of assets with which one can trade. They include over 100 stocks, indices, commodities and currency pairs. Apart from this Power Trade also allows for the execution and placement of trades on the Forex market. The available investment options include Speed, Ladder, One Touch and Long Term.
PowerTrade Platform Account Types
Fortunately for the web-based traders around the world, this binary options broker platform offers an expanded volume of account types. It is important for every online investor to select the most appropriate trading account based on their very own specific needs and goals. This is why, there are several factors one must consider and the most important of them is determining how much capital one can spend for financial activities. PowerTrade has five available account types that users can choose from.
They go as follows:
- Bronze: The required minimum initial deposit amount here is just $250. The return on investment can be as high as 82%. There are also additional features available such as: 7-day withdrawal, PWR Follow, etc.
- Silver: The acquired capital for this account type is $2,000. The payout is the same as in the Bronze Account – 82%. There is also a 50% Welcome Bonus and a risk-free trade
- Gold: In order to get started with this one, traders need to place at least $10,000. All the other features are the same as the ones mentioned above, except for the Welcome Bonus which is higher – 75%.
- Platinum: Against the initial deposit of at least $25,000, this account type grants an 87% payout, 100% Welcome Bonus and unlimited trading signals.
- Diamond: This is the account type which is designed for professionals and experts with a $50,000 minimum initial investment amount needed. Traders can take advantage of all the already mentioned special features and bonuses. Their full list is readily available on the official website of PWRTrade.
Power Trade Broker Education Center
This binary options trading platform places learning and education at the fore front of its core values. This is why Power Trade has an extremely expanded and extensive online library. Investors can find anything they need there. No matter if they are seasoned or novice ones – there is almost not a single thing about Internet financial operations that is not uploaded there – from different strategies to the most basic terms.
Although still awaiting its CySEC certificate, this binary options investment broker appears to be completely legit. It has its very own virtual university which provides traders with the possibility to learn while placing successful and profitable financial operations. Its customer support service which is available around the clock is considered to be quite solid, friendly and very responsive. Online users can safely proceed to secure their financial future with PWRTrade.