PWRtrade Trading Company Review

PWRtrade is one of the new entrants into the binary options market. The platform has been active for over a year now and it is increasingly becoming popular with the trading community across the world.

The platform has applied for a license and it is waiting for approval, which is expected to be issued by the end of 2016. PWRtrade is part of GN Capital, with a presence in the Marshall Islands and the United Kingdom.

Investing with PWRtrade

Company Information

Name: PWRtrade
Website: https://www.pwrtrade.com
Founded In : 2015
Headquarters: Majuro, Marshall Islands
The Owner : GN Capital LTD
Regulation : In-process
Phone : +44-203-514-3960
Email : support@pwrtrade.com
Minimum Deposit : $250.00
Minimum Trade Amount : $25.00
Maximum per Trade : $10,000
Languages Available : English, German and Arabic

PWRtrade Trading Platform

PWRtrade offers a robust, simple to use trading platform built over SpotOption trading solution. The trading platform is available on multiple devices, including a light web-version. The PWRtrade application for Android and iOS devices can be downloaded from Google Play Store and Apple App Store respectively. The mobile apps allow traders to access and operate their PWRtrade account from wherever they are. The original SpotOption white labeled solution also makes allowance for MetaTrader 4 integration.

PWRtrade’s offerings include multiple account types, starting from the basic Bronze account, followed by Silver, Gold, Platinum and Diamond. These accounts with different features are designed to ensure that the needs of the whole trading community are met.

PWRtrade offers a range of trade options including Binary Options, Pairs, Long Term investments, Speed Options, One Touch investments, Ladder and FX/CFD. The list of tradable assets on PWRtrade goes as high as 120 including currencies, commodities, indices, stocks, Bitcoin, CFDs and precious metals.

PWRtrade Online Trading Platform

Main Features

Apart from its simple yet robust trade engine, PWRtrade offers learning resources ranging from e-books and online courses to on-demand videos. With the customer being its first priority, the platform offers a range of deposit and withdrawal options including card transactions, wire transfers, e-wallet support and more.

The minimum deposit on PWRtrade currently stands at $250, with the minimum and maximum trade amounts fixed at $25 and $10,000 respectively. The payouts offered by PWRtrade are among the highest at 189% in less than a minute.

PWRtrade is among the best brokers when it comes to security. The platform has a certified SSL 128-bit encryption and Verisign security certification as well. It also has a robust identity and KYC verification process in place which every account user has to comply with in order to be able to use all the features offered by PWRtrade. Even when the company is very thorough about signups, the whole process is very easy and can be completed in less than 10 minutes.

The social trading tools and 24/7 customer support provided by PWRtrade also work in its favor.

Trading Online

Customer Support

The platform has a very efficient customer support, working 24/7 to solve any problems faced by the customers. The platform offers multiple channels for the users to reach out to its customer support executives. PWRtrade customers can choose to call, send an email, instant message or fill a contact form to request a call back from the customer support to solve any issues with the platform.

User Friendliness

PWRtrade gets full points for its user friendliness. The detailed instructions, tutorials and easy to use platform makes it easier for traders on PWRtrade to go on with their business without having to go through a long learning curve. In addition to the light browser based trading platform, PWRtrade also allows customers to access and operate their accounts on-the-go with mobile applications available for Android and Apple iOS platforms.

Ultimate Overview

PWRtrade would have probably made a place for itself as the best online trading platform if it had a strong operating history. With an experience of just over a year, PWRtrade still has to go a long way in order to make it to the top. Once it receives an approval from CySEC later this year, it will be able to offer a stiff competition to other platforms. In spite of being a new platform, it has gained an enviable traction.

Ease of use, best in class security and user-friendly platform with over 120 tradable assets makes it a winner in the class. If PWRtrade continues to maintain its current standards, it will be making it to the top soon enough.