PRTrend and PRTrend EU are focused on making as much money as they can from their customers using unethical means. Just because a broker is collaborating with major companies or has proper regulation does not mean it can be trusted. The long duration of the campaign power trend reviews further confirms our suspicion. The longer it is, the more money people will invest, with the hope of one day winning the Ferrari. PRTrend is known for its contests that come with attractive prizes. And this is one of the traps that scam brokers use to attract clients.
- If you’re going to withdraw in USD then your chosen payment method should also support USD transfers as well.
- One of its primary features is its 6-digit quotes which allows traders make deals to boost their profits even during minor market fluctuations.
- On the surface, the website seems to be a legitimate forex broker, even claiming to be the “best broker of Asia”.
- My skills are even more enhanced because of the webinars that this broker conducts.
- I have been doing real trading with PRTrend for a short time and I am already very pleased with their service.
- We’ve been providing bonuses for our clients since 2008, and there are lot of traders who succeeded in making money out of bonuses without investing a single penny of theirs.
This includes eduction tools with PRTrend and externally. Let’s say for example you buy ten thousand dollars worth of General Electric using contracts for difference using the PRTrend trading platform. So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position.
PRTrend is also registered with the SVG FSC, which specifically does NOT regulate forex, binary, or crypto trading. Even without Foreign exchange reserves a bonus being involved, it is possible for PRTrend to confiscate profits based on an unsupported accusation of cheating.
I was heard that they offer $500 startup bonus so I made a request for a startup and I got $500 in my trading account instantly. I checked all trading conditions and order execution everything is perfect. Trading with these I made $145profit within one month. I made a withdrawal from my profit of $50 according to their terms and condition. After that, I deposited $840 and get a 30% bonus on my deposit. Really Dealing is awesome on the PRTrend platform.
Does PRTrend Offer A Demo Account?
When i ask at live chat.they told me to contact antifraud department. The only means of contacting this broker is via an online form on the website. Offshore locations have become hubs for con artists and scammers and it is difficult to invest in a broker that holds no license. These platforms are very good signs as they have become some of the most widely used by experienced traders.
They are big scamer and also blackmailer because they disabled my withdraw option and also insta wallet scam their service. I says that must share my all picture The owner of the document and the person holding the document are different people. Please, don’t try to mislead us regarding this matter. In case of attempts of blackmailing us in Forex community we will have to disclose all this information including the photos. I understand the sentiments here but one should not blame the broker regarding the incurred losses. As a trader, it is your responsible to manage your account safely.
Before I opened an account at this broker, I did a thorough research and all I saw were positive feedback. Indeed, after having an account, I had a pleasant experience trading with them. PRTrend has been providing me with excellent services ever since I started trading with them. Not once was I ever disappointed throughout the three years that I have been with them.
Withdrawal was instant on 25 April I withdraw $500 through Skirll and they send it within 5 hours. I expect they continue this excellent standard over time. This account type does not utilize spreads on trades, but rather commissions. Therefore, this account may be more suitable for beginner traders as they do not have to worry about the spread. Other than that, the account has all the same features as the standard account. Good, fast execution and I’ve never been re-quoted for 6 months trading with PRTrend.
Looking at the list above, you’re given with a variety of options including the most common ones and even via new methods such as online banking and cryptocurrencies. With PRTrend, you don’t have to check the date or time and worry about the practice account expiring because you can use the practice account as long as you want to. This according to their website, can assist their clients in creating successful trading strategies. This entire sign-up process would only take you a few minutes or so to accomplish. The requirements are not that much and are usual for a typical online registration.
They are full of lies especially when you’re winning. They started to behave oddly when I began to consistently earn monthly. First few withdrawals, they processed it, but the succeeding ones, they make all the excuses. Hello, please trader tell us your trading account number so we could understand what exactly happened. This is only the way to solve all the misunderstandings, do not worry, and let us help. When i entered Forex trading, I had very little knowledge.
It clearly states that there is no regulation in place for such practices and cautions members of the public to be careful when engaging in forex and cryptocurrency trading activities. There’s little reason to believe that brokers forex analytics will change in the long run. If a broker already has fines for misconduct from their financial regulator, most investors know enough to stay away. When this happens, they could require outside help to recover their funds.
Did you contact our support team regarding the withdrawal problem? If yes, kindly provide us with your account number for us to get more details. Therefore, they’re both using unethical ways to milk money from unsuspecting clients. It’s super hard to make withdrawal when you make profits. These brokers don’t want you to win, if you do, they’ll do everything to get back to you. PRTrend is a good decent Forex broker which has been in the business for a while now. Also, execution of trades is quick, I’ve never experienced slippage or requotes.
PRTrend withdrawal fees vary depending on your selected withdrawal payment method. Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools. A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.
PRTrend Review: Are Traders Risking Their Security?
In this article, you will learn important information regarding PRTrend that will help you get off to a good start in the world of online trading. This review of the PRTrend platform is very detailed.
You can find detailed guidance on PRTrend trading platforms here. You will need to provide some basic documentation to prove your identity as part of PRTrend onboarding and normal KYC identity checks. These checks are standard practice and help PRTrend provide a safe financial environment for their 10,000 users. MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. You can enjoy our Raw Pricing trading environment without a Dealing Desk from anywhere in the world.
Hello, we are really happy to have you as a customer! Thank you for choosing us and for your positive feedback. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Also, I got a 30% bonus every deposit and I can withdrawal my profit without any problem. So my trading experience is good with PRTrend, I say PRTrend is the best broker. I have enjoyed the forex trading on PRTrend’s platform, their fixed spread and platform activity amazed me so far. As here all of my deal executed on time and has not any slippage problem yet.
Trading instruments offered may differ based on the country of residence of the Client. Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances.
All trademarks, images and logos that appear on this site are copyrights of their respective owners and have been used under the Act ofFair Use. PRTrend is a whole scam do not trust them, I am currently pointing together a legal case against companies like this on myscamexperience. The more we are the stronger our case, I believe by sharing our reviews we can help others avoid scams like this.
Is forex a gamble?
So, Let’s Settle This: Forex Is Gambling
Just like gambling, there are no guarantees in Forex, or at least no guarantees that you would be able to quit your day job and spend all your time trading on Forex. Just because Forex is gambling, it doesn’t mean that you cannot exploit its weaknesses.
We’ll focus on all the essential details without making it too lengthy or difficult because we know that you simply want to find out if this broker can be trusted and reliable. In this review, we’ll evaluate all the important categories and see if PRTrend is able to meet the high standards that have been set by our financial experts. Valforex.com will not be liable for any damages incurred due to the usage of any information power trend official site displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity.