Powered Consultancy Group has been flagged by Swiss Financial Market Supervisory Authority for "Other". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
Several red flags with Powered Consultancy Group: (1) They promise unrealistically high returns, (2) They're not registered with Swiss Financial Market Supervisory Authority, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Listed in warning databases|No transparency|Pressure to invest quickly
I want to warn everyone about Powered Consultancy Group. They have been flagged by Swiss Financial Market Supervisory Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: No regulatory oversight|Money disappeared|Fake testimonials
Powered Consultancy Group changed their fee structure with one month notice. What was a flat fee became a percentage. For my account size it meant a huge increase. When I objected they said I could leave. So I am leaving and writing this review.
Pros: Fast support response|Demo account available|Customizable dashboard
Cons: Minimum deposit could be lower
Their two-factor authentication was optional when I joined. I enabled it. Later I lost my phone and could not log in. Powered Consultancy Group recovery process took 3 weeks and required notarized documents. By then I had missed important trades. Their security is your inconvenience.
Pros: Transparent fees|Multi-device support|Fast support response|Social trading features
Cons: Cannot customize dashboard fully|Onboarding videos are outdated
I was contacted by Powered Consultancy Group through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: Blocked my account|No legitimate license|Fake returns
I had high hopes for Powered Consultancy Group after hearing about them at a conference, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Dividend tracking|Professional team
Cons: Minimum deposit could be lower|Onboarding videos are outdated
KYC with Powered Consultancy Group is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Social trading features|Good analytical tools
Cons: No integrated tax optimization
The mobile app from Powered Consultancy Group is dangerous. I placed an order that showed as pending, so I placed another. Both executed and I was overexposed. When I complained they said it was user error. The app design is misleading.
Pros: Quick verification|Comprehensive tools|Smooth onboarding
Cons: Account statements could be more detailed
The reporting at Powered Consultancy Group is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Economic calendar|Great customer service|Real-time alerts|Two-factor authentication
Cons: Wait times can be long during peak hours
For anyone considering Powered Consultancy Group, please be aware that this company has been flagged by Swiss Financial Market Supervisory Authority. This does not necessarily mean they are a scam, but it does mean they may not be authorized to operate in certain jurisdictions. I strongly recommend checking the official regulator website before making any investment decisions.
Pros: Information is publicly available for verification
Cons: Appears in regulatory warnings database|Uncertain regulatory status