The whole truth about PowerTrend: review of conditions, reviews
PowerTrend Campaign Analysis
In modern society, there is a growing number of one-day companies, and PowerTrend undoubtedly falls into this category. The organization presents itself as a stable and reliable trading platform with the necessary license to provide services in the CIS countries, but in reality, this is not the case. The lack of feedback from customers creates a favorable environment for scammers who successfully deceive their victims. Let’s consider the signs that point to the inferiority of this company.
PowerTrend Review: Facts and Opinions
The website prtrend.org claims that PowerTrend is an international company providing its services in various countries around the world. It is assumed that traders have access to powerful trading tools, a portfolio of over 200 assets, and informational support. However, when checking the domain age through whois, it turns out that the company only started its operations in February 2021, which explains the lack of reviews about this platform. Claims of the company’s international activity turn out to be false, as only the Russian version of the site is available, indicating PowerTrend’s orientation towards the markets of the former Soviet countries.
It is important to note that information about PowerTrend’s registration in the Marshall Islands is accompanied by a certificate from Mirach LTD, issued on January 6, 2021. However, it should be understood that the presence of this certificate does not imply a brokerage license. Furthermore, it should be noted that PowerTrend and its parent company do not have the required license.
Your further actions when dealing with PowerTrend:
- Be vigilant and cautious;
- Evaluate risks before investments;
- Look for alternative, reputable companies.
Market Solutions LTD Clone and its Connection to PowerTrend
Visiting the PowerTrend website, you will come across a mention of Market Solutions LTD with an address in Saint Vincent and the Grenadines. However, it should be taken into account that Market Solutions LTD is associated with fraudulent activities, as it is linked to various financial traps. The PowerTrend Terms of Use clearly establish a connection between these companies, increasing the risk of working with the platform.
PowerTrend Offers and Scheme
PowerTrend offers its clients a wide range of trading opportunities, including currency pairs, commodities, stocks, and CFDs on various platforms. However, opinions on the effectiveness of trading on these platforms are divided, and reviews of PowerTrend are not yet available due to the recent establishment of the company. It is important to remember the importance of checking the platform’s level of support and security before investing your funds.
Trading accounts in PowerTrend are divided into four categories:
- Mini with a deposit of $500;
- Standard with a minimum deposit of $5,000;
- Gold with an initial contribution of $10,000;
- Platinum, requiring a minimum of $35,000 to open.
Conclusion on PowerTrend Review
It is best not to consider PowerTrend as a reliable financial instrument. Despite all the attractive offers and promises, this company is most likely aimed at enriching its owners through unethical means and does not take responsibility for its clients. Beware of schemes imposed by such platforms and exercise caution in choosing your investments.