Power Trend is a brokerage firm that offers services in multiple jurisdictions, including the EU and the Republic of Marshall Islands. Although originally registered in Russia, the broker has expanded its reach to provide services to traders in other parts of the world. Power Trend offers research materials, tools, and analysis to help traders with their trading careers. They also provide bonuses, promotions, and other programs to their clients. One notable feature of Power Trend is their offering of two web-based platforms, which is a wider range than what is typically available with other brokers. Overall, Power Trend may be a suitable option for traders looking for a broker with a range of tools and platforms.

Power Trend Pros & Cons

Pros:

• Offers two web-based platforms for trading
• Provides a wide range of research materials, tools, and analysis for traders
• Offers bonuses, promotions, and other programs for clients
• Licensed in the Russian Federation, which provides some level of regulation and security

Cons:

• Limited information available about the company and its history
• Some traders may prefer a broker with a more established reputation
• Limited range of account types and trading instruments compared to other brokers
• Lack of regulation in some jurisdictions where it operates, such as the Republic of Marshall Islands.
  

Who Is Power Trend Recommended For?

Based on its offerings, Power Trend may be recommended for traders who value a wide range of trading instruments, including cryptocurrencies, as well as for those who prefer a broker with multiple trading platforms. It may also be suitable for traders who prioritize research and analysis tools, as well as those who prefer a broker with a social trading platform. Additionally, the broker may be ideal for traders who prefer to use the MetaTrader platform and are comfortable with a broker regulated in the Russian Federation. However, it may not be recommended for beginners due to the lack of educational materials and limited customer support.

Top Power Trend Features

xCritical Trading Platform. This platform offers various features like signals, one-click deals, and automatic market analysis for traders. It is one of the best things about Power Trend and provides an easy-to-use interface.

Live Webinars. Power Trend provides live webinars to its traders. These webinars include topics revolving around strategy and must-know information about the market. Traders of all experience levels can find these webinars very helpful.

Learning Center. Power Trend has a “Learning Center” with educational materials to guide traders who need extra help trading. These materials include video tutorials, e-books, and other resources to enhance trading knowledge.

Trading With a Friend. Power Trend offers a social trading feature that allows traders to connect with friends and share their trading strategies.

Personal Profit Plan. Power Trend offers a Personal Profit Plan to help traders maximize their goals and sharpen their strategies. This plan is tailored to individual traders and their trading needs.

Power Trend Account Types

Power Trend offers three different account types: Mini, Standard, and Platinum. Each account has its own features and requirements. Here is a breakdown of the account types:

1. Mini Account:

• Minimum deposit: $500
• Available leverage: from 1:200
• Starting spreads: 1 pip
• Commission per trade: 0
• Trading instruments: currency pairs and CFDs
• Minimum lot size per trade: 0.1
• Maximum lot size per trade: 100
• Demo account: No
• Swap/Rollover free: Yes
• Copy trading support: No
• Account currencies: USD
• Features: online chat and access to all platform features for trading on indexes

2. Standard Account:

• Minimum deposit: $5,000
• Available leverage: from 1:200
• Starting spreads: 0.6 pips
• Commission per trade: 0
• Trading instruments: currency pairs, CFDs, ETFs, and crypto
• Minimum lot size per trade: 0.1
• Maximum lot size per trade: 100
• Demo account: Yes
• Swap/Rollover free: Yes
• Copy trading support: No
• Account currencies: USD
• Features: SMS signals, VIP manager, special promotions, and one-on-one trading

3. Platinum Account:

• Minimum deposit: $35,000
• Available leverage: from 1:200
• Starting spreads: 0.1 pips
• Commission per trade: 0
• Trading instruments: currency pairs, CFDs, ETFs, and crypto
• Minimum lot size per trade: 1.5
• Maximum lot size per trade: 1000
• Demo account: No
• Swap/Rollover free: Yes
• Copy trading support: No
• Account currencies: USD
• Features: online chat and access to all platform features for trading on indexes, SMS signals, VIP manager, special promotions, and one-on-one trading.
  

Regulation and Security 

Power Trend is regulated by the International Financial Market Relations Regulation Center (IFMRRC) under the registration number TSRF RU 0395 AA V0175. The IFMRRC is an independent regulatory organization that oversees the activity of financial companies, including brokers, in the financial markets.

While IFMRRC regulation may not be as stringent as some other major regulatory bodies, it does provide some level of oversight and protection for traders. In addition, Power Trend employs SSL encryption technology to protect its clients’ personal and financial information.

It is important to note that while regulation and security measures are important factors to consider when choosing a broker, they should not be the only factors. Traders should also consider the broker’s reputation, trading conditions, fees, and customer support before opening an account.

Conclusion on Power Trend

Based on the information provided, Power Trend seems to be a reputable broker that offers a range of features and services for traders of all levels. The xCritical trading platform, live webinars, and educational resources in the Learning Center are notable features that can be beneficial for traders looking to improve their skills and knowledge. The regulation and licensing from the International Financial Market Relations Regulation Center also provide some level of security and assurance for clients.

However, it is important to note that Power Trend only accepts clients from a limited number of countries and does not offer mobile compatibility for their platforms. Additionally, the lack of a demo account option and copy trading support may be a downside for some traders.

Overall, Power Trend may be a suitable option for traders who are comfortable with the account types and deposit requirements, and who prioritize access to educational resources and a range of trading instruments. As with any broker, it is important to conduct thorough research and carefully consider all factors before making a decision.