Power Trading Review: The Digital Abattoir Where Profits Go to Die

If you are looking for a place to incinerate your life savings, this Power Trading review serves as your final warning. Established in 2021 and claiming an Australian base, this entity has managed to secure a pathetic 2.11 WikiFX score—a rating usually reserved for platforms that are one step away from a total blackout. The data paints a grim picture of a broker that functions more like a trap than a financial intermediary.

With a trade environment rank of 'D', Power Trading is effectively the bottom-tier of the industry. Out of 175 users who subjected this broker to VPS environment testing, the results were “Poor.” We aren't just talking about a few pips of slippage; we are talking about a systemic failure to provide a fair market.

The Regulation Illusion: A Red Flag Audit

The most dangerous aspect of this broker is its mask of legitimacy. It claims to be under the wing of the Australian Securities and Investments Commission (ASIC), but a quick look at the regulatory verification reveals a blood-red warning.

The registration for “POWER TRADING CAPITAL LTD” (License No. 426800) is marked as unverified. In the world of Forex , “unverified” is often code for “stolen identity” or “expired credentials.” Betting your capital on a broker that lacks a confirmed regulation status is like jumping out of a plane with a parachute you found in a dumpster. It might look the part, but it won't save you when the ground comes rushing up.

The Login Trap: Deleting Evidence in Real-Time

Our investigation into user feedback reveals a terrifying trend regarding the login portal. While the software is ostensibly MT4, victims report that the “Power Trading” back-end is used as a weapon against them. Multiple traders from Hong Kong and China have reported that once they requested a withdrawal, their login credentials were suddenly invalidated, and their entire account history was deleted.

One victim reported a “Profit Vanishing Act” where the broker manually manipulated deals to wipe out balances. In Case 7 and Case 12, users found their accounts “無緣無故” (without reason) marked as invalid. Imagine having $30,000 in your balance and suddenly finding the login screen telling you that your account doesn't exist. This isn't a technical glitch; it's a digital execution.

Systematic Profit Theft and Slippage

The Forex market is volatile enough without a broker actively betting against you. Power Tradings trade environment is a museum of red flags:

• Slippage Grade: C (Average slippage of 2.5, max negative slippage of 16.0)
• Swap Grade: D (Ranking 123rd out of 125 brokers)
• Cost Grade: C (High trading costs that eat into any potential gains)

The complaints are not just about bad execution. Users have documented 0.01 lot trades somehow resulting in losses of over $130,000—a mathematical impossibility in a real market but a common feature in a “B-Book” bucket shop.

Running the “Vulture” Strategy

The regulation gaps allow Power Trading to operate with impunity. When they aren't deleting accounts, they are “revising” profits. Case 10 and Case 15 highlight how the broker labels any successful trade as “illegal operation” or “violation” to justify freezing funds. These are the classic tactics of a platform that never intended to let a single dollar leave the system.

Even their customer service is a ghost town. While they list an English support email and a Hong Kong phone number, victims report being ignored for months. This is a deliberate strategy to exhaust the victim until they give up on their recovery efforts.

Final Verdict

This Power Trading review concludes that the platform is a high-risk entity with the hallmarks of a “pig-butchering” scam or a sophisticated bucket shop. Between the regulation discrepancies and the 31 formal complaints in the last three months, the probability of losing your principal is near 100%.

Do not be fooled by the $100 STP account entry. They only want you in the door to lock the login behind you.

Risk Warning: Foreign exchange trading on margin carries a high level of risk. The lack of verified oversight at Power Trading means your funds have zero protection under international financial law. Avoid at all costs.