PWRtrade is an unlicensed binary options broker that has now been around for almost a year. PWRtrade is run by a management team with many years of experience in the binary options industry.
PWRTrade Broker Review
When reviewing the PWRtrade broker, you will notice that they are based on the popular SpotOption trading system. The trading software give investors the ability to trade on 30 and 60 second options, 2, 3 & 5 minute options. Additionally they have Binary Option Pair, long term contracts, high low, one touch and ladder options.
The returns on $EUR/USD binary options is 81% and the returns on other option types range from a low of 70% to as high as 400% with ladder options. Their trading platform is currently available in English, German and Arabic. The start account size requires a minimum deposit of $250.
Warning! Many people get introduced to binary options trading by an advertisement for a trading system that makes millions overnight.
The truth is that 99% of these systems are just “random signal generators” and you will lose your money quickly.
Educate yourself first by reading the article: Binary Option Robots.
PWR Trade License Check
When comparing and reviewing binary option brokers, from the hundreds of online brokers, the first thing that most investors look for is a valid license. Depending on the country of the broker, depends on their license. The license may come from the European regulator CySEC which is in Cyprus, or ASIC in Australia. If you want to see which brokers hold a license to operate as a licensed broker, then visit the Regulated Brokers Page.
PWRtrade is not a licensed broker.
With more than 200 brokers to choose from, take a look at the popular ones first.
HighLow (see review) is a broker licensed in Australia by ASIC running on the Markets Pulse trading platform. They have 200% returns on some options, and a low minimum deposit requirement of only $50, read more.
PWRtrade is owned by GN Capital Ltd., located at: Trust Company Complex, No. 75518, Majuro, Marshall Islands. Their phone number is: United Kingdom +44 203 514 3960 and Canada (647) 558-2404. Customer support email [email protected]. Official Website: http://www.PWRtrade.com