Powertrade (powertrade-bd.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: powertrade-bd.com.
The onboarding at Powertrade (powertrade-bd.com) was smooth which makes the subsequent experience even more frustrating. Once they have your money, the quality of service drops dramatically. Getting anyone to help you with an actual problem is nearly impossible.
Pros: Intuitive for beginners|Portfolio tracking tools|Reliable uptime|Personal attention
Cons: Desktop app not available on Linux
I signed up with Powertrade (powertrade-bd.com) after comparing multiple platforms and the first red flag was the aggressive account manager who would not stop calling. After depositing, the promised support vanished. Withdrawals are delayed with endless excuses. I have reported them to the regulator.
Pros: Intuitive for beginners|Tax reports included|Excellent charting|Comprehensive tools
Cons: Spreads widen during volatile periods|Live chat only during business hours
I had high hopes for Powertrade (powertrade-bd.com) through a podcast recommendation, 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: Economic calendar|Wide product range|Two-factor authentication
Cons: Could offer more webinars|Limited social trading features
Do not believe the bonus offer from Powertrade (powertrade-bd.com). The turnover requirement is designed so you can never withdraw. I learned the hard way. I deposited through my accountant's suggestion and the bonus terms were buried in pages of small print. My fault for not reading but their design is predatory.
Pros: Detailed reporting|Social trading features|Great customer service|Dividend tracking
Cons: Would like more payment methods|Wait times can be long during peak hours
The platform at Powertrade (powertrade-bd.com) is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After for just over a year of dealing with this, I have had enough.
Pros: Clean UI|Educational resources|No hidden fees|Multi-device support
Cons: Wait times can be long during peak hours
I opened an account with Powertrade (powertrade-bd.com) since last summer ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Comprehensive tools|Quick verification|Professional team|Responsive team
Cons: Email notifications too frequent|Slow to add new assets