PWRTrade also known as GN Capital Ltd has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: +61-288-800-200, fax +44-203-808-8842 This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.pwrtrade.com.
Where do I even begin with PWRTrade also known as GN Capital Ltd? for about five months of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Intuitive for beginners|Transparent fees|Social trading features|Fast deposits
Cons: No phone support on weekends
After for about eight months with PWRTrade also known as GN Capital Ltd I requested to close my account and withdraw. They said I had to complete a 30-day cooling-off period. Then they said there was a minimum holding period for my last deposit. They make it as hard as possible to leave.
Pros: Instant funding|Clean UI|Regular platform improvements|Reliable uptime
Cons: Slow to add new assets|No fractional shares
The spread at PWRTrade also known as GN Capital Ltd is not what they advertise. During volatile markets it widens so much that you lose before the trade even starts. I found them after my brother mentioned them and initially thought the platform was good - until I started trading seriously.
Pros: Good mobile app|Dividend tracking
Cons: No phone support on weekends|Some tools only available on higher tiers
If you are reading this considering PWRTrade also known as GN Capital Ltd - run. I wish I had read more negative reviews through my accountant's suggestion. I thought the positive ones were real. Maybe some are. My experience over for a couple of months now has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Easy withdrawals|Reliable uptime|Great customer service|Segregated accounts
Cons: Charting tools need more indicators
The so-called education at PWRTrade also known as GN Capital Ltd is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for the past year and a half thinking they would help me learn.
Pros: Market news feed|Multi-currency support|Fast deposits
Cons: Currency conversion fee exists|Minimum deposit could be lower
I wanted to transfer my portfolio from another broker to PWRTrade also known as GN Capital Ltd. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: No hidden fees|Segregated accounts|Real-time alerts|API access
Cons: Spreads widen during volatile periods|Currency conversion fee exists
PWRTrade also known as GN Capital Ltd locked my account without warning and demanded documents I had already submitted. for roughly four months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Fast execution|No hidden fees|Good analytical tools
Cons: Nothing significant
I found PWRTrade also known as GN Capital Ltd after attending a webinar they hosted and the initial impression was positive. But for a couple of months now later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: API access|Competitive fees
Cons: Research section could be deeper
Opened my account with PWRTrade also known as GN Capital Ltd after my brother mentioned them and regretted it within the first month. The platform crashed during a critical moment, I lost potential gains, and support basically told me it was not their problem. Absolutely unacceptable behavior.
Pros: Full transparency|Copy trading available|Intuitive for beginners|Dedicated account manager
Cons: Cannot customize dashboard fully
I trusted PWRTrade also known as GN Capital Ltd with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Fast support response|Educational resources|Responsive team
Cons: Could offer more webinars|Account statements could be more detailed