PowerOption Review (2020)

Efficient December 10th 2014, PowerOption is Closed.

PowerOption Broker Review PowerOption is a Forex Trading Forex Broker that launched in 2013. They’re situated at 306 Victoria Home, Victoria,  Mahe, Seychelles. They’re owned by well-known AVATrade a CySEC regulated Forex Broker license #204/13, and controlled within the British Virgin Islands.

Their telephone quantity is +1-646-335-0303, their telephone quantity in Dubai is ‎+97-14-445-7928 and in Sydney +61 2 8310 4707. Their e mail tackle is [email protected].

The minimal deposit for brand spanking new accounts at PowerOption simply went as much as $250.

PowerOption makes use of the MarketPulse platform. Their websites is offered in English, German, French, Italian and Arabic. They provide buyer assist in English, German and Italian.

Is PowerOption a reliable Forex Trading Forex Broker and never a scam Forex Broker?

An important factor we search for when reviewing a Forex Trading Forex Broker, to find out if they’re a legit Forex Broker or a scam Forex Broker could be very easy. Are the licensed and controlled by CySEC in Cyprus? Do they fall underneath the MIFId regulatory guidelines within the European Union (EU)? Are they registered with the FCA in the UK?

PowerOption is licensed and controlled by each CySEC in Cyprus and monetary regulator within the British Virgin Islands.

PowerOption doesn’t permit merchants from america. In case you are a resident of america, learn our numerous Forex Broker evaluations listed on the precise.

Like many Forex Trading Forex Brokers, PowerOption presents bonus cash to new purchasers. The issue we discover with Forex Trading Forex Brokers providing bonuses, is that merchants don’t learn the superb print. This results in withdrawal complaints and false accusations of fraud, Learn extra.

Right here is the bonus particulars from their web site:

• Bonuses apply to new purchasers that deposit a minimal of $250
• Bonuses will not be legitimate at the side of some other Energy Choice Promotion
• Bonuses might be credited in spite of everything verification paperwork are verified
• As a way to obtain the bonus, you could execute buying and selling quantity of 30 instances the bonus stability. For instance: in the event you obtain a $500 bonus, the buying and selling quantity required for the bonus to be launched is $15,000 bonus quantity.