Score

5.38 /10
Average

Power Trading

Australia

2-5 years

Regulated in Australia

Straight Through Processing (STP)

MT4 Full License

Regional Brokers

High potential risk

C
D

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Comparison

Quantity 1

Exposure

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Website

Score

Regulatory Index6.32

Business Index6.19

Risk Management Index0.00

Software Index8.50

License Index5.50

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Power Trading Limited

Company Abbreviation

Power Trading

Platform registered country and region

Australia

Company website

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Company summary

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WikiFX Risk Alerts
Previous Detection : 2025-04-30
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

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Power Trading · Benchmark
Average transaction speed(ms)
211.9 Perfect
The highest transaction speed(ms)
46 Great
The highest speed of opening positions(ms)
51 Perfect
The highest speed of closing position(ms)
46 Great
The lowest speed of opening positions(ms)
1047 Great
The lowest speed of closing position(ms)
1406 Good
Ranking: 103 / 125
Test user 260
Transactions 5,278
Ocuppied margin $1,283,010 USD
Data Source WikiFX Data provide
Updated: 2025-04-28 01:04:00
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Power Trading · Company summary
Power TradingReview Summary
Founded2018
Registered Country/RegionAustralia
RegulationASIC
Market InstrumentsForex, precious metals, oil, and CFDs
Demo Account
Leverage1:1 - 1:400
EUR/USD SpreadSTP Account: from 1.9 pips
ECN Account: from 0 pips
Trading PlatformMT4
Min Deposit$100
Customer SupportTel: +852 97999878
Email: admin@powertradingltd.com
Regional RestrictionsUS, Japan, Canada, Iran

Power Trading was founded in 2018 in Australia, under the regulation of the Australia Securities and Investment Commision (ASIC). It uses MT4 as its trading platform, and offers trading services related to the forex, metals, oil, and CFD markets. However, this company does not provide services to customers in the US, Japan, Canada, and Iran.

Power Trading's homepage

Pros and Cons

Pros Cons
Regulated wellRegional restrictions
Demo accountsUnknown payment options
Flexible leverage ratios
MT4 provided

Is Power Trading Legit?

Yes, Power Trading is regulated by the Australia Securities and Investment Commision (ASIC).

Regulated AuthorityCurrent StatusRegulated CountryLicense TypeLicense No.
Australia Securities and Investment Commission (ASIC)RegulatedAustraliaAppointed Representative (AR)001307402
Regulated by ASIC

What Can I Trade on Power Trading?

Power Trading provides trading on forex, precious metals, CFDs, and oil.

Tradable Instruments Supported
Forex
CFDs
Precious Metals
Oil
Bonds
Options
ETFs
What Can I Trade on Power Trading?

Account Type/Fees

Power Trading provides 2 types of accounts: STP Account and ECN Account. Moreover, a demo account is also available.

Account TypeMin DepositMax LeverageEUR/USD Spread
STP $1001:400From 1.9 pips
ECN $5,0001:300From 0 pips
Account comparison

Leverage

Power Trading offers flexible leverage ranging from 1:1 to 1:400. Traders need to consider carefully before investing, since high leverage is likely to bring high potential risks.

Trading Platform

Power Trading uses MT4 as its trading platform.

Trading PlatformSupported Available Devices Suitable for
MT4Web, desktop, mobileBeginners
MT5/Experienced traders
MT4

User Reviews

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User comment

12

Comments

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Dung Le
more than one year
MT4 platform is intuitive, and their educational resources helped me improve my trading skills
MT4 platform is intuitive, and their educational resources helped me improve my trading skills
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2024-07-19 17:17
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Ricardo Lim
more than one year
Haven't had any problems with withdrawals, but it takes a few business days to process.
Haven't had any problems with withdrawals, but it takes a few business days to process.
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2024-07-10 18:17
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