PWRtrade Review

PWRtrade Binary OptionsPWRTrade is a binary options broker that opened in 2015. They are owned by GN Capital Ltd., located in Marshall Islands, and managed by GN Management EOOD, Alexandar Sramboliski, Sofia, Bulgaria. Their phone numbers are: United Kingdom +44 203 514 3960, South Africa +27 21 300 9271 and Canada (647) 558-2404. Their email address is: [email protected].

PWRTrade Platform Review

Trading Signals Scam

WARNING: Don’t use any trading system until you read this!

The most popular auto trading software today is at: OptionRobot.com.

PWRTrade uses the latest version of the SpotOption trading platform. They offer the full trading software which includes Ladder and One Touch options, along with Forex trading. They have the PWRFollow social trading feature which allows traders to follow the trades of others. Returns on $EUR/USD binary options is 81%, and the payout on 60 second options is 72%.

Minimum deposit for new accounts is only $250. Their site is available in English, German, Russian and Arabic. Minimum trade size is $25, and the Max trade size is $10,000.

Special Offer: Go here and get a $50 credit to start trading.

PWRtrade Binary Options Broker
PWRtrade Binary Options Broker

PWRTrade Regulation

The main thing we look for when reviewing a binary options broker, to determine if they are a legitimate broker or a scam broker is a license. Are they licensed and regulated in Cyprus by CySEC? Or any of the other government regulators listed here.

PWRTrade is not a licensed broker.

So the question; is PWRTrade a legitimate binary option broker and not another scam broker? Please share with us in the comment section below, your trading experience with them.

Compare PWRTrade

24Option (read review) is a popular European licensed broker who uses an advanced trading platform, see here. They are popular with traders who use the auto trading software from OptionRobot.com.

HighLow (read review) is best Australian licensed binary options broker. They give you a free demo account, and they have 200% returns, with a $50 min deposit, read more.

Broker Review

PWRtrade Review

PWRtrade Binary OptionsPWRTrade is a binary options broker that opened in 2015. They are owned by GN Capital Ltd., located in Marshall Islands, and managed by GN Management EOOD, Alexandar Sramboliski, Sofia, Bulgaria. Their phone numbers are: United Kingdom +44 203 514 3960, South Africa +27 21 300 9271 and Canada (647) 558-2404. Their email address is: [email protected].

PWRTrade Platform Review

Trading Signals Scam

WARNING: Don’t use any trading system until you read this!

The most popular auto trading software today is at: OptionRobot.com.

PWRTrade uses the latest version of the SpotOption trading platform. They offer the full trading software which includes Ladder and One Touch options, along with Forex trading. They have the PWRFollow social trading feature which allows traders to follow the trades of others. Returns on $EUR/USD binary options is 81%, and the payout on 60 second options is 72%.

Minimum deposit for new accounts is only $250. Their site is available in English, German, Russian and Arabic. Minimum trade size is $25, and the Max trade size is $10,000.

Special Offer: Go here and get a $50 credit to start trading.

PWRtrade Binary Options Broker
PWRtrade Binary Options Broker

PWRTrade Regulation

The main thing we look for when reviewing a binary options broker, to determine if they are a legitimate broker or a scam broker is a license. Are they licensed and regulated in Cyprus by CySEC? Or any of the other government regulators listed here.

PWRTrade is not a licensed broker.

So the question; is PWRTrade a legitimate binary option broker and not another scam broker? Please share with us in the comment section below, your trading experience with them.

Compare PWRTrade

24Option (read review) is a popular European licensed broker who uses an advanced trading platform, see here. They are popular with traders who use the auto trading software from OptionRobot.com.

HighLow (read review) is best Australian licensed binary options broker. They give you a free demo account, and they have 200% returns, with a $50 min deposit, read more.

Broker Review

  • Nick B

    I am currently trying to withdraw my £250 deposit I made with PWRtrade when I signed up with the Copy Buffett software. The money seems to have disappeared out of my account and despite numerious emails I still have had no luck with them. I am now seeking to go through the Cyprus Securities and Exchange people but I’m not quite sure which route to go with them. Has anyone else had this problem and if so do you have any advice?. Thanks in advance.

  • Nick B

    HiSathiya23. Thanks for that. I didn’t think of Facebook. I have now gone onto their page and posted a message. Can’t imagine it will do any good but it makes me feel better. I’ve also now just done Twitter. As you say lets get the message out there.

    • sathiya23

      Hi Nick,
      On 14th I received an email from pwrtrade stating they accepted my withdrawal request and asked me to keep in touch with my credit card company if the fund has been refunded. I used my credit card to open account. Tomorrow, 18th I shall call my CC company to find out if the money has been returned and shall update here accordingly. Hope they would refund my money. I also checked my pwrtrade a/c for the balance amount, but it shows 0.00 balance. So I can only able to check with bank to verify the refund. Cheers !!!

      • summer

        Hi sathiya23,
        Would you please tell me what you had to get to get the money withdrawn, I have requested but keep calling to keep it for more investment, please help if you can. thank you.

    • sathiya23

      Hi Nick,

      Happy to share here that I checked with my banker today and the money has been refunded in full.

  • Ravintheran Karuppannan

    Hi Sathiya, How did you manage to do that

  • Enny

    I got the same Problem, I want my Money back.
    So many People online having the same Problem.
    There must be a way! How did it go with the financialombudsman

  • Francis Tan

    Listen up all, if you are interested in Binary Option trading to make a quick buck just knock into your head the name of this trading platform, it’s call “PWRTrade” . This is a big time platform with many scam trader brokers inside a big pot of worms ! Once you deposited your money in their platform account you will have the most difficult time trying to withdraw your money because they would have a trap set up for you in the form of a small bonus. This is a pure cheap scam they will use on you. So remember what I have just mentioned folks, “PWRTrade”. Good luck !

  • ase

    I had also a terrible experience with PWRTrade. Jacob and Julian are brokers you must NOT trust. I have been persuaded and brainwashed to invest very much. At first I trusted J. After half a year with a Gold trading account the convinced me to put all my savings into PWR on a Real estate account .On their Platform you can read:”We are fully compliant with international standards to prevent any malfeasance, fraud or misappropriation of any funds you have invested with us. Our promise to you is that we will secure your funds and we assure you of a safe hassle- free trading.” I am still waiting for more than 150.000 $ which Jacob persuaded me to put into a forex account. They deny me to This is only the beginning of my nightmare.