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The website is clean and has accessible information, translated into 32 languages. The trading platforms are great but not suited for the complete newbie. Demo accounts are available, as well as mobile platforms forex analytics but US clients are not accepted. The Power Trend research section offers a suitably in-depth experience that does not disappoint. Here you can access a range of premium analysis tools free of charge.

The trader’s glossary provides an A-Z of trading terms and definitions to help you learn some of the more common phases used within the industry. Power Trend prioritise enabling clients to be able to make more informed decisions when trading. Thus, they have a collection of educational programmes that includes webinars, seminars, eBooks, trading videos, articles and tutorials. These are designed to enhance your trading skills and knowledge, giving you a better overall trading experience.

For example, the admin fee for EURUSD open position maintained for 3 days is $7 per lot. The acceptable payment options are Klarna, PayPal, Skrill, Neteller, SafetyPay, Przelewy, iBank&BankLink, and iDEAL. Generally, the minimum deposit is $50 and the deposits are processed instantly. Use this link to open a free demo account at Power Trend. You don’t have to spend any money to learn how to trade through a demo account.

This is an account reserved for professional traders who are experienced, knowledgeable, or maintain a huge assets portfolio to the tune of $500,000. Admiral pro accounts are not protected and account holders can trade with higher leverages.

First of all, they do charge an inactivity fee of $10 though this is only payable after 24-months of inactivity. Power Trend Group was founded in 2001 and has since expanded into a global brand with several international power trend website entities and regulatory licenses in Australia, the UK, Cyprus, Estonia, and across continental Europe. The group has a headcount of 228 staff, 22,321 active clients, and over EUR 36m in Total Tier 1 Capital .

Related Power Trend Vs Comparisons

Using negative balance protection ensures your losses will always be limited to the current balance of the money in your account. Power Trend CFDs are typically used for short to medium term trades.

The other options are free of charge, but third-party charges are generally applicable. Two free withdrawals each month are sufficient to eliminate most fees. While the overall process does follow industry standards, more payment options are desperately needed.

Power Trend Demo Account

All the available forex and CFD instruments can be traded by account holders. These include 40 currencies, 5 Metals, about 39 commodity CFDs, 24 index CFDs, 3300 stocks, 300 ETFs CFDs and 2 bonds CFDs. MT5 is a sophisticated multi-asset trading platform, which is popular among investors and traders from different parts of the world. This platform features advanced trading and charting tools and also enables automated trading. With a live trading account, traders deposit and trade with real money at actual profits and losses. A Demo account allows traders to trade in a simulated, risk-free trading environment with virtual money, at no profits or losses.

Global Opinion offers a set of powerful widget add-ons for the MetaTrader Supreme Edition that can help improve the overall trading experience. It includes Power Trend alert tool based on news sentiment to find new trade ideas based on a number of customisable filters. There are also the Global Opinion Linear and Radial gauges that show the sentiment towards an asset of your choice. This will display if the sentiment is bearish or bullish and can be used as part of a contrarian trading strategy. MetaTrader 5 is a slightly more advanced version of MT4 with a few additional features. It has more time frames, more advanced charting and trading tools, level II pricing and free market data/news. You simply download and install MT5 then login to your account to begin trading.

Additionally, our Power Trend review came across a wide range of educational resources. From e-books to webinars and articles & tutorials, there’s a wealth of trading resources on hand Foreign exchange reserves for your own benefit. This will allow you to improve your outlook and trading knowledge on the go. I enjoy being part of Power Trend’ network and have nothing to complain about.

What You Will Need To Open An Account With Power Trend

We tested communicating with Power Trend support in multiple languages in multiple countries. forex analytics The Power Trend help center where able to quickly resolve our customer issues.

Power Trend offers users the ability to access mobile trading on the go from the Power Trend mobile trading app for both Android and iOS systems. The app download links can be found in the Google PlayStore or Apple AppStore. For ETFs, you’ll find that it’s possible to trade a minimum contract size of 1 lot while the maximum contract size is capped at 10,000.

How Many People Use Power Trend?

78.28% of retail investor accounts lose money when trading CFDs with this provider. 71% of retail investor accounts lose money when trading CFDs with this provider. With comprehensive trading tools and educational content, Power Trend is one of the top forex and CFD brokers. Offering both the MT4 and MT5 trading platforms, plus zero spread accounts, the broker is a good fit for beginners and seasoned traders. A question every curious trader asks, and we tried to find the answer.

• It offers some sophisticated technical indicators along with award-winning pattern technology.
• The Power Trend Islamic account is also great since they only substitute the swap fee with another fee if you keep a position open for 3 consecutive days.
• There are no restrictions on trading strategies with deep liquidity and no requotes.
• Ultimately, having this range of choice can help you avoid currency conversion fees which are charged if your deposit or withdrawal methods do not match an available base currency with the broker.
• Understand that the MetaTrader 4 trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting.
• Just as we did in our eToro review, our experts have assessed the support on offer from this online broker.

All of the platforms are available for both phone and web browsers. Trading forex on margin carries a high level of risk and may not be suitable for all investors. Depositing with Power Trend is a breeze, there are 8 methods of making a deposit to your account, which include bank transfers, debit cards and electronic wallets. Power Trend MT4 offers everything you’d come to expect from a trading platform, and much more. Power Trend do not have their own proprietary trading platform, instead they white-label one of the world’s largest and trusted trading platform – Metatrader 4 . The volatility protection tool is something you should check out as there are a lot of features there that can really take the sting out of trading.

Listings that appear on this page and/or on this website are of products / companies / services from which this website may receive compensation. This may impact prtrend login how, where and which products / companies / services we review and write about. This page may not include all available products, all companies or all services.

Forex

The bank transfer takes time because Power Trend required bank codes, which they verify with the bank. After they are done with the verification, Admiral sends out the money to your desired bank accounts. The first account type available and a very popular choice, is the Power Trend Trade account. Power Trend offers four account types with a range of fees and products to trade. When calculating the all-in cost to trade, including spreads plus any commission, pricing is similar across all account types, with ranges from 0.6 pips to 0.7 pips . All providers have a large percentage of retail investor accounts that lose money when trading CFDs with their company. Power Trend offers five different account types via their trading platforms.

Spreads are listed as low as 0.1 pips in the Zero MT4 account. The latest statistics show that approximately 82% of Admiral’s clients operate at a loss. Since its inception, Admirals has steadily added to its services and assets. It continues to expand globally, quietly executing its business plan while increasing market share.

This type of trading usually involves price movement speculation via CFDs. The website uses encryption software to keep client data secure. Also, one-time password authorisation is available on the MetaTrader platforms while dual-factor authentication via SMS or Google Authenticator is used to secure the Traders Room. Power Trend is a reputable global broker licensed in multiple jurisdictions. Power Trend UK Limited holds a license with the Financial Conduct Authority . Early on, attracted by the offer of a 100% bonus offered by AGLOBE ADMIRAL, I opened my account and made my first deposit.

However, you will get access to an easy-to-use margin calculator to know the leverage before you start trading. To measure the safety of a broker, we always look for the regulations. And Power Trend has membership from two tiers 1 and two-tier 2 regulatory bodies, which confirms them as a safe and secure broker.