PWRtrade Review

MIN. DEPOSIT $250
Up to 1,500% PAYOUTS
Up to 100% BONUS
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PWRtrade
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Overview

Broker information Cozily settled in Majuro, the Marshall Islands, PWRTrade is one of the aggressive front-runners in the dynamic field of trading binary options. The broker provides an amazing trading… more

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Details

BrokerPWRtrade
Website URLhttps://www.pwrtrade.com/
HeadquartersGN Capital Ltd., No 75518, Trust Company Complex, Majuro, Marshall Islands
Support Number+44-203-514-3960
Support TypesPhone, Live Chat, E-mail
LanguagesEnglish, German, Arabic, Russian
Minimum 1st Deposit$250
Maximum Trade Amount$5,000
BonusUp to 100%
PayoutUp to 1,500%
Free Demo Account No
Regulated Yes
Account TypesBronze, Silver, Gold, Platinum, Diamond
Deposit MethodsVisa, MasterCard, Wire Transfer
Withdrawal MethodsVisa, Visa Electron, Maestro U.K., Maestro, Delta, MasterCard
Expiry TimesFrom 30 seconds to the end of the financial year.
Types of AssetsCurrencies, Stocks, Indices, Commodities
Option TypesLadder, Pairs, Long Term, Speed, One Touch, Forex
Account CurrencyEUR, USD, GBP
US Traders Allowed No
Islamic Account: No
Mobile Trading Yes
Tablet Trading Yes

Full Review

Broker information

Cozily settled in Majuro, the Marshall Islands, PWRTrade is one of the aggressive front-runners in the dynamic field of trading binary options. The broker provides an amazing trading platform which revolves around a cutting-edge technology and design, convenience, high level of courtesy and professionalism, convenience, and reliability of trading. The broker’s superbly designed website comes in English, Arabic, Russian and German.

Accounts

A vast selection of five accounts is available at PWRTrade. Bronze account’s minimum deposit amounts to at least $250. To start trades via a Silver account, a user must deposit it with $2,000. In order to initiate trading through a Gold account, a minimum sum of $10,000 is necessitated. Launching a Platinum account requires a deposit of at least $25,000. The elite Diamond account is available after $50,000 have been successfully deposited. The website recommends the Silver accounts as the perfect package for starters.

Deposit and Withdrawal Options

The brokerage PWRtrade provides a good array of secure and safe deposit options that include VISA, Wire Transfer, and MasterCard. The options for withdrawing proceeds comprise Maestro U.K., VISA, VISA Electron, Delta, Maestro, and MasterCard, as well as online wallets, including cashU, Union Pay, and Neteller. Wire Transfer is perfect for larger deposits and withdrawals.

The time required for processing is quite quick in comparison to other brokers and usually is immediately for deposits and 1-2 business days for requests for withdrawals.

Euros, British pounds, as well as U.S. dollars are the currencies available for payments at PWRtrade.

Features

The users of PWRTrade can initiate trading using the cross platform of the broker in the four fundamental asset types – commodities, stocks, currencies, and indices – including Google, NASDAQ, DAX, Gold, Facebook, Oil, and Walmart, among others. Besides the Classic Binary options, there are also the “Speed” and the “Long Term” options, as well as “One Touch”, “Ladder”, and “Pairs”. The payouts with the “One Touch” option can be as high as 400% and up to a whopping 1,500% through the “Ladder” feature. Forex is also another of PWRtrade’s options.

Education

The extensive education center of PWRTrade is a sign of the broker’s devotion to the ongoing success of its traders. It offers a host of great features. To start with, there are video courses for both inexperienced and elite traders. Furthermore, there are trading courses as well as glossary with basic terms and definitions. Next to platform tutorials and courses in economics, there are three different e-books to further educate users.

Customer Support

Customer support of PWRTrade can be reached through 6 fixed telephone lines around the world. An e-mail support, a web form, and a live chat are also available means of customer assistance.

Bonuses/Promotions

Save for the Bronze account, all other accounts are entitled to welcome bonuses which are 50%, 75%, 100%, and 100% for the Silver, Gold, Platinum, and Diamond accounts, respectively. All these accounts also get 5 trades free of risk that are respectively 5x$100, 5x$1,000, 5x$2,500, and 5x$5,000. The personal broker meetings are up to 2 and up to 5 for the Silver and Gold account, while Platinum and Diamond account holders have broker meetings on a weekly basis.

All accounts but the Bronze account are also eligible for exclusive E-book series, as well as an interactive e-video library. The holders of Gold, Platinum, and Diamond trading accounts get access to webinars and signals through PWRtrade’s platform (the Gold has a 1-week subscription while for the Platinum and the Diamond accounts, the signals are unlimited).

SMS signals, a free weekly session with a senior analyst, PWR educational course on trading, and exclusive present from PWRtrade’s loyalty store are bonuses only for the Diamond and Platinum accounts. A premium trading platform is a perk only for Diamond account holders.

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