PWRtrade is a relatively new digital options broker, operated and owned by GN Capital Ltd since 2015. This newcomer uses SpotOption designed platform, which has already become known and popular around the world. Taking into account traders needs and comfort, this broker also provides a mobile app platform, so you can trade or to use it for your other purposes anywhere and anytime through your iPhone or Android devices.
The company operates through the Marshall Islands and London, England. Because the platform is entirely web-based, customers can log in no matter where they are and no matter what time it is in order to access their accounts and create trades. This means they can trade 24 hours a day, 365 days a year. In addition, PWRtrade broker offers its customers a great educational section and a FAQ section designed to help a complete newbie trader to find firm footing and to get successfully started in the industry.
One of the best features offered by this broker is Speed Options, which allows people to trade very quickly - within 60 seconds. This is a great option for traders who have some experience under their belt as they can make quick decisions and receive instantaneous profit. Broker also has a very interesting Ladder feature, which requires that traders forecast in what way an underlying asset's price will progress throughout the next 24 hours. It does require a certain level of insight, though, as you need to be able to evaluate the market and assets, as well as the fluctuations that might occur.
For those who are insightful and have a good feel for market changes, another good option is the One Touch that gives you a chance to predict if an underlying asset reaches a predetermined level before the trade finishes. There are some great returns when using the One Touch option, so its use definitely worth employing in your trading. And for those who like trading using Pairs, you can find good choices to use at PWRtrade, including Gold vs. Platinum or Wheat versus Oil pairs.
Also, in our PWRtrade review, we would like to mention that this broker has an extensive list of assets for traders to choose from currencies, stocks, commodities and indices. The company encompasses all major currency pairs, stocks, such as Tata Motors, Sberbank and Nissan Motors, commodities such as platinum, oil and wheat, as well as a great selection of indices, including such popular as MICEX 10, TOPIX and TADAWUL.
PWRtrade Minimum Deposit
The trading actually starts from PWRtrade minimum deposit of $250 and it is suitable for people to try their prowess in the market trading. Once investors are sure of being profitable, they are free to deposit more into their account to start earning on a large scale. This provider supports Credit cards and wire depositing methods and has such range of withdrawal options: Visa, Maestro U.K, Visa Electron, Maestro, Neteller, Delta, Union Pay, CashU, MasterCard and wire transfers.
Pwrtrade.com Review - Account Types
There is a wide selection of account types available for customers and each one has different features to accommodate traders of all levels. Its aim is to provide traders with control over their own finances by giving them a variety of options to choose from. The Micro Account is the best account for new traders as it requires a PWRtrade minimum deposit of $250 for you to take some time to learn trading tools. It's recommended for new traders to acquaint themselves with the educational center materials, as these texts are designed to help them in making good decisions right from the start. This account also provides withdrawals within seven days.
If you are ready to get deeper into the trading waters, the Basic Account is a good option, with deposits from $501 to $5,000 and there is a welcome bonus of up to 50%, which can help and boost your initial capital. And like with the Micro Account, there is a seven-day withdrawal period, so you can receive your profits in a timely manner. Traders will also receive very valuable daily market reviews.
For traders who are more serious about their earnings, there is the Select Account. This account requires $5,001 deposit. This company rewards such traders generously by giving a bonus of up to 75%. With such an advanced account there are many more benefits to enjoy. Not only is there a daily market review on offer, but customers get their own private account manager, private investment training and trading signals on their mobile. To add in this PWRtrade review, withdrawals are processed in just five days. The broker does everything to ensure that its traders not only earn a hefty profit but also learn more about the industry and how to progress with it.
When it comes to big trades and big money, there is no better account than the Platinum Account. This is for the big spenders and the big moneymakers whose deposits should exceed $15,000 with 100% bonus, providing huge benefits to Platinum account holders. Traders enjoy all the bonuses available with the Select Account - market review, account manager, private investment training and trading signals with withdrawal waiting period reduced to just three days.
In this Pwrtrade.com review, we want to add that one of the huge benefits of trading through PWRtrade is the Islamic Account. This is a very thoughtfully crafted account that has a No Riba policy. It means that customers won't face extra charges and there are no hidden fees. These accounts are also swap-free. This is great for customers practicing Islam as there are no interests for extended open trading positions. And the same goes for overnight trading positions. Muslims can rest assured that their accounts all operate in strict accordance with Sharia Law.
PWRtrade broker fully supports its traders by providing perfect account services depending on the trader's requirements. One of the prime considerations to point out is to know how much of your capital to invest, and also to decide whether you should stick with an account that provides daily market news, which helps in making most of your trading, or whether you feel you that you can handle trading on your own. If you are unsure of which account to choose, the expert staff will come to your aid.
PWR trade scam
As to the topic of PWR trade scam, your money is safe due to the line security protocols with SSL, as well as advanced encryption protocols that ensure your funds security at all times. In addition, the company is vigilant about account verification and ensures that every transaction is authorized by you personally. The firm prides itself in providing 100% safe and secure binary options trading without any PWR trade scam. Finally, it continues to monitor the integrity of platform on a regular basis to make sure that no issues may arise. However, after scanning forums and web in general, we have found few complaints on PWR trade scam. They concern withdrawal process and problems with getting earned money from the broker. Nevertheless, there is no corroborated evidence, and that can be just a black PR. So, it's up to you to decide does this provider fit your preferences, just do not forget to read company's terms and conditions and to be clear-thinking.
Pwrtrade.com Review - Support
PWRtrade broker has an exemplary support system in place with professional and courteous staff that is glad to answer any questions traders may have. Services are provided in English and Arabic. Rest assured that the personal on the other end of the line are proficient speakers of the language you choose. You can also get help via email, web-form or call-back feature. For those who need an immediate answer, there is the Live Chat option. Indeed, PWRtrade staff is incredibly knowledgeable and ready to help you with any issue.