PowerTrade Forex Broker Review

powertrend broker

PowerTrend is a new brokerage company that was created to provide modern trading solutions in forex trading. It was established in 2013 according to the PowerTrend official site, PrTrend.org. Since then it has become a leader in providing a convenient environment for effective trading needs. The company’s activities on the territory of the Russian Federation are carried out in accordance with the Law of the Russian Federation “On the Securities Market” dated April 22, 1996 No. 39-FZ. PowerTrend is an international brokerage company for clients from different countries. By continuing to work on our platform, you agree that the laws of the jurisdiction of the Company apply to your relationship with the Company.

PowerTrend Trading Platforms

That said, there are also several problems, at least according to the PrTrend reviews available on the Internet. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. To properly approach trading in the financial market, you can study the training materials that we have prepared at PowerTrend for everyone who wants to understand investments.

Powertrend – Volume Range Filter Strategy [wbburgin]

Former CEOs who have retired from their industry often become power brokers within their former industry through their existing connections and board positions held post-retirement. There are more long-tenured prtrend players out there who have proven their value. But I gambled nevertheless and I was surprisingly pleased with my experience. PowerTrend provides the best of trading tools and asset markets in the industry.

Power Trend Review

In times of divided politics, such as today, those who sit in the center and are able to provide critical votes to break a tie are especially influential. While important, the standing of a power broker can wane over time. This is especially true during periods of transition; for instance, with the election of a new political party to power, the old power brokers may see their status and influence quickly deteriorate.

Client accreditation

powertrend broker

Forex broker PowerTrend takes client experience to a new level with the range of services and great trading conditions they provide. This broker offers services in up to five markets, which include currencies, crypto coins, promotions, indexes, and commodities. The currency pairs offered by PowerTrend https://forexbroker-listing.com/ go up to pairs, ranging in majors, minors, and exotics. Global stock indexes, as well as the most popularly-traded cryptocurrencies are also available. On the PrTrend website, there are brief introductions about all assets that this broker offers, which are great for beginning traders.

powertrend broker

XCritical is one of the market’s most competitive platforms, so it’s great to see that Power Trend provides access to it. This is because they will be entrusting their hard-earned trading funds to their chosen broker to trade in the financial markets. Hence, a broker’s regulatory credential and client fund safety are a big plus to investors in search of a broker. PowerTrend is a broker with access to financial markets, which provides users with an extensive set of various trading tools. The currency market is the worlds largest, most widespread, and liquid one, so this tool is in high demand among our traders.

Considering just how many assets there are, most traders will be suited. It’s way more efficient and convenient to trade in Forex, however. There are several basic analytical instruments, such as economic calendar and the news + the Autochartist. That gives currency trading a slight edge, especially since there are many of them – not just the usual USD/EUR/GBP. Henry Kissinger was long considered a political power broker who used his access to presidents and foreign leaders to play a role in world politics long after he left his formal roles behind.

  1. Hence, a broker’s regulatory credential and client fund safety are a big plus to investors in search of a broker.
  2. Power brokers may also be public figures, such as elected officials or well-known business leaders, who subtly work their connections rather than taking a public stance on a particular issue.
  3. With a PowerTrend login, you get to enjoy these favorable trading conditions plus a dedicated personal analyst and over a hundred trading tools.
  4. To sign in for PrTrend, click the personal icon in top right corner.

Power Trend official site isn’t just efficient as a trading hub, but also as a place to learn more about trading and the market in general. Although the spreads might be terrible, this affair is partially compensated by the almost non-existent commissions. The ones the broker charges directly are limited to overnight fees – only as big as 0,015% for non-crypto. As mentioned, the assortment of products on Power Trend is rather rich.

This will increase your confidence as well as theoretically enrich you and make feel safe trading in the financial market. Power brokers may also be public figures, such as elected officials or well-known business leaders, who subtly work their connections rather than taking a public stance on a particular issue. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. Being able to communicate effectively is also crucial, as the form of influence needs to be subtle, yet simple in its message. Finally, you must become knowledgeable in the spheres that you will influence. Being labeled an expert by other important players will ensure that people listen to what you have to say.

PowerTrend also offers a decent scope of research and educational materials, including analytics that help traders make informed decisions. There is also an Economic Calendar, which keeps track of the price movements of all assets offered by the company. Last but not the least, PrTrend offers quarterly reporting of major companies’ profit to give traders hints at which stocks are worth investing in. In this aspect, PowerTrend is not totally advantaged, yet is also not totally left behind. As this is the case, issues like “prtrend scammers” and “power trend cheating” are basically baseless accusations.

All you’ll have to do to start trading is join and submit some data. To sign in for PrTrend, click the personal icon in top right corner. Once you’re verified, you’ll get your own PrTrend login, and you’ll be able to start trading. PrTrend official site has several tools types available, and all of them include both the popular stuff and the lesser-known assets, in case someone prefers less common trading practices. Forex broker Power Trend is an old company from Russia that started being rather active lately, hence this review. Folks need to know more about a broker before committing to one, that’s understandable.

Even though the share options massively outnumber everything else put together, it’s the natural order of things. There are naturally much fewer worthwhile commodity, Forex and crypto options. Power Trend website also has an indices option, but you need to deposit at least $5,000 to be able to trade them. It’s moderately fair, considering you need to understand the market before getting tangled into indexes. As for all the rest, they are open as soon as you deposit the minimal amount of $500.

Although PT seems like an alright option for a brokerage provider, it’s not perfect. There are several problems that make it less on an ideal place to trade, according to the PrTrend rezensions. They are certainly not on Trustpilot or FPA – don’t even bother looking. What you’ll have to trust is this retelling of the reviews from the Russian users, as well as the description of features PrTrend has.

Power brokers can command high fees or future favors in return for their work helping a company or industry deal with a particular issue or advance on a shared priority. Forex broker PowerTrend offers investors a number of financial instruments from several asset classes including forex, commodities, stocks, CFDs, and futures. PrTrend is a regulated entity under Russian and international law, and they are also verified by FMRRC – an independent unbiased agency that keeps a watch out for untrustworthy brokers. If it’s registered by this agency, it’s unlikely that you’ll get scammed by Power Trend.

Upon signing in, you will also be asked to review the broker’s documents such as Privacy Policy, Terms of Use, Refund Policy, etc. If limitless trading opportunities are what you look for, certainly, the Platinum account is the best for you. Depositing an initial amount of $35,000, all the benefits the broker has to offer will be just a click away from you.

There are a lot of fraudulent and scamming entities out there that will leave you high and dry. Fact of the matter is, the firm made me trust it on the get-go. From its asset offerings to the trading platform, PowerTrend makes sure to give its clients more than what they asked for. UseThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies.

It can also simply refer to a real estate agent who has a lot of business and a big rolodex, which creates greater influence. A power broker is an individual who is able to influence the decisions of other parties. This is usually done through the power broker’s personal and professional connections rather than through public means, such as explicitly lobbying for a particular decision. In the world of finance, a power broker is typically an industry insider who is familiar with other important individuals and groups. By using these networks, they are able to exert influence or make decisions.


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