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Rating Index
Pros
User-friendly trading platform with access to various financial instruments
Flexible leverage options available for traders
Potential for a diverse trading portfolio with multiple asset classes
Cons
Unregulated broker with no oversight or legal protections for clients
Lack of transparency regarding company information and physical location
Negative reviews from users regarding withdrawal issues and customer support
Power Trading broker Accounts
Power Trading Account Type
Power Trading offers two main types of trading accounts:
- STP Account:
- Minimum Deposit: $100
- Maximum Leverage: 1:400
- EUR/USD Spread: From 1.9 pips
- ECN Account:
- Minimum Deposit: $5,000
- Maximum Leverage: 1:300
- EUR/USD Spread: From 0 pips
- Select Account Type: Choose between the STP or ECN account based on your trading needs and capital.
- Complete Application: Fill out the online application form with personal information such as your name, contact details, and financial background.
- Verify Identity: Upload necessary documents for identity verification, which may include proof of identity and address.
- Fund Your Account: After approval, deposit the minimum required amount to activate your account.
- Start Trading: Once your account is funded, you can log in and begin trading on the Power Trading platform.
Additionally, a demo account is also available for traders to practice their strategies without financial risk.
Power Trading Broker Account Opening Process
To open an account with Power Trading, follow these steps:
For detailed information, visit WikiFX.
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