Global Broker governance & inquiry App

Score

0123456789
.
0123456789
0123456789
/10

Bower Trading

United States|5-10 years|
Suspicious Regulatory License|Suspicious Scope of Business|High potential risk|

https://www.bowertrading.com

Website

Rating Index

Contact

+1 800.533.8045
https://www.bowertrading.com
324 Main Street, Ste. A Lafayette, IN 47901
https://www.linkedin.com/company/bower-trading-inc

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-03-28
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Users who viewed Bower Trading also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

GTC

8.15
Score
10-15 yearsRegulated in United KingdomStraight Through Processing(STP)MT4/5 full license
Official website

FBS

8.75
Score
5-10 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

IC Markets

8.92
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

Bower Trading · Company Summary

Company Name Bower Trading
Location Lafayette, Indiana, USA
Regulation Not regulated by any authority
Account Types Speculative and Hedging Accounts
Market Instruments Grains, Livestock, Energies, Metals, Softs, Currency Futures
Customer Support Contact Form, Phone, Address
Website Bower Trading Website
Phone Numbers Local: 765.423.4484, Indiana Toll-Free: 800.346.5634, National Toll-Free: 800.533.8045
Address 324 Main Street, Suite A, Lafayette, IN 47901
Mailing Address PO Box 415, Lafayette, IN 47902

Overview

Bower Trading, located in Lafayette, Indiana, USA, operates without regulation from any governmental authority or financial regulatory body. The company offers two main account types, Speculative and Hedging Accounts, and provides a wide range of market instruments, including grains, livestock, energies, metals, softs, and currency futures. Clients can access customer support through a contact form, phone, or the provided address. While Bower Trading offers diverse trading opportunities, the absence of regulation should be considered, potentially exposing investors to higher risks. Traders and investors are advised to exercise caution and conduct thorough research before engaging in financial transactions through Bower Trading.

Overview

Regulation

Bower Trading is not regulated by any governmental authority or financial regulatory body. As a result, it operates without oversight or supervision from agencies such as the Commodity Futures Trading Commission (CFTC) in the United States. This lack of regulation means that Bower Trading may not be subject to the same reporting and compliance requirements as regulated entities, potentially exposing investors to higher risks. Traders and investors should exercise caution and thoroughly research the company before engaging in any financial transactions or investments through Bower Trading, as there may be limited recourse in the event of disputes or issues. It is advisable to consider regulated and reputable financial institutions for a safer and more secure investment experience.

Regulation

Pros and Cons

Bower Trading offers a diverse array of market instruments, making it appealing to a wide range of traders and investors. They have experienced staff members who provide personalized advice for both speculative and hedging accounts, enhancing the client's trading experience. Additionally, Bower Trading maintains accessible customer support through various contact options. However, it's important to note that Bower Trading lacks regulation by governmental authorities or financial regulatory bodies, potentially exposing investors to higher risks. This absence of regulatory oversight means that traders should exercise caution and thoroughly research the company before engaging in financial transactions through Bower Trading, as there may be limited recourse in the event of disputes or issues. Moreover, futures trading itself involves inherent risks that clients should be aware of when considering this investment option.

Pros Cons
  • Wide Range of Market Instruments
  • Lack of Governmental Regulation
  • Experienced Staff for Hedging Accounts
  • Potential Higher Risks for Investors
  • Personalized Advice for Speculative Accounts
  • Limited Recourse in Disputes or Issues
  • Multiple Contact Options for Customer Support
  • Lack of Regulatory Oversight
  • Accessible Account Opening Process
  • Futures Trading Involves Inherent Risks

Market Instruments

Bower Trading offers a wide array of market instruments across various commodity categories as below:

  1. Grains: Bower Trading offers a variety of grain commodities, including corn, soybeans, wheat (SRW, HRW, HRS), soy oil, soy meal, and oats. These agricultural products are essential in global food production and can be traded to speculate on price fluctuations or manage risk for producers and consumers in the agricultural sector.

  2. Livestock: The livestock category includes commodities like lean hogs, live cattle, and feeder cattle. These instruments allow traders and investors to participate in the livestock industry, which is influenced by factors such as demand for meat products, weather conditions, and supply chain dynamics.

  3. Energies: Bower Trading offers energy-related instruments, including crude oil, unleaded gas, natural gas, and heating oil. These commodities are central to the energy sector and are influenced by geopolitical events, supply and demand dynamics, and energy policy changes.

  4. Metals: The metals category includes precious metals like gold and silver, as well as industrial metals like copper. These commodities are popular choices for diversifying investment portfolios and hedging against economic uncertainties.

  5. Softs: Bower Trading provides soft commodities such as sugar, cocoa, coffee, orange juice (OJ), and cotton. Softs are agricultural products that are not grains, and trading in these markets can be influenced by factors like weather conditions, global demand, and production cycles.

  6. Currency Futures: In addition to physical commodities, Bower Trading offers currency futures, allowing participants to trade currency pairs. These include the Euro, US Dollar, Swiss Franc, British Pound, Japanese Yen, and Canadian Dollar. Currency futures are used for various purposes, including hedging currency risk in international trade and speculating on exchange rate movements.

Bower Trading's diverse range of market instruments provides opportunities for traders, investors, and hedgers to engage in various markets, each with its unique drivers and factors influencing price movements. It is essential for market participants to conduct thorough research and analysis when trading these instruments to make informed decisions and manage risks effectively.

Market Instruments

Account Types

  1. Speculative Accounts:Speculative accounts are tailored for investors who actively engage in trading and aim to speculate on market trends. In these accounts, investors have the autonomy to make their own trading decisions. However, Mr. Bower and the institution's account executives offer personalized advice and guidance to each client, particularly regarding the ever-changing conditions of the market. This means that clients who opt for speculative accounts benefit from the expertise and insights provided by experienced professionals to assist them in their trading activities.

  2. Hedging Accounts:Hedging accounts are designed for clients seeking to manage risk, particularly in the context of commodity markets. The institution's staff members possess extensive experience, both in financial markets and in the production aspects of commodities. They leverage this expertise to offer guidance to clients. This experience allows clients to make well-informed decisions when it comes to hedging their positions. Hedging involves using financial instruments to offset potential losses in the physical market, so having knowledgeable professionals provide guidance is crucial for clients looking to safeguard their investments.

Account Types

How to open an account

To open a futures trading account with Bower Trading, you can follow these steps:

  1. Access Account Application Forms:You have several options for obtaining the necessary account application forms. You can either:

  • Complete the forms online through their website.

  • Download the required forms from their website.

  • Request the forms to be mailed to you.

  1. Download the Disclosure Booklet:In addition to the account application forms, you will need to download a disclosure booklet. This booklet contains important information that you should keep for future reference. It provides details about the trading process, potential risks, and other essential information.

  2. Submit the Completed Forms:Fill out the account application forms accurately and completely. Once you've completed the forms, you must send them to Bower Trading. The instructions for submission may be provided with the forms, or you can contact Bower Trading for guidance.

  3. Fund Your Account:Your account must be funded before you can start trading. Ensure you have the necessary funds ready to deposit into your trading account.

  4. Start Trading:After completing the application process and funding your account, you will be ready to start trading in futures markets through Bower Trading.

  5. Seek Assistance if Needed:If you have any questions or require assistance with the account opening process or the forms, you can contact Bower Trading at 800-533-8045. Their team can provide guidance and answer any inquiries you may have.

  6. Account Withdrawals:If you ever need to withdraw funds from your trading account, you can contact Bower Trading at 800-533-8045 for assistance with the withdrawal process.

open an account

Customer Support

Bower Trading appears to have a well-defined and accessible customer support system for individuals interested in the global commodities market. Here's a description of their customer support options:

  1. Contact Form: They offer an online contact form that allows individuals to reach out to the Bower Trading team. This form can be used by investors, producers, or members of the media who want to inquire about commodities or related services. They assure prompt replies, indicating a commitment to responding to inquiries in a timely manner.

  2. Address: Bower Trading provides both a physical address and a mailing address. The physical address is for their office located at 324 Main Street, Ste. A, Lafayette, IN 47901. The mailing address is PO Box 415, Lafayette, IN 47902. This information is helpful for those who prefer traditional mail or need to send documents.

  3. Phone Contacts: Bower Trading offers several phone contact options:

  • Local Phone: 765.423.4484

  • Indiana Toll-Free: 800.346.5634

  • National Toll-Free: 800.533.8045These phone numbers indicate their commitment to providing accessibility to clients both locally and nationally. Clients can call these numbers to discuss their inquiries or seek assistance.

  1. Contact Information: The contact form includes fields for the individual's name, phone number, and email address. This allows Bower Trading to respond effectively and directly to inquiries. They also ask individuals to specify whether they are an investor and what their specific interest or inquiry is, offering options like opening a speculative account or providing other questions or comments.

Customer Support

Summary

Bower Trading is an unregulated financial institution that offers a wide range of market instruments across various commodity categories, including grains, livestock, energies, metals, softs, and currency futures. While they provide opportunities for traders, investors, and hedgers, the lack of regulation raises potential risks for investors. They offer two main account types: speculative accounts for active traders and hedging accounts for those looking to manage risk. Opening an account involves accessing application forms, downloading a disclosure booklet, submitting completed forms, funding the account, and then starting trading. Bower Trading maintains accessible customer support through an online contact form, physical and mailing addresses, and multiple phone numbers. Their commitment to providing guidance and support is evident in their customer-oriented approach.

FAQ

Q1: Is Bower Trading regulated?

A1: No, Bower Trading is not regulated.

Q2: What market instruments are offered?

A2: Bower Trading offers grains, livestock, energies, metals, softs, and currency futures.

Q3: What are the account types?

A3: Bower Trading offers speculative and hedging accounts.

Q4: How can I open an account?

A4: You can open an account by filling out forms online, downloading them, or requesting mailed forms.

Q5: How do I contact Bower Trading?

A5: You can contact them through an online form, phone numbers, or mail.

Broker Information

Company Name

Bower Trading, Inc

Company Abbreviation

Bower Trading

Regulatory Status

No Regulation

Platform registered country and region

United States

Phone of the company
  • +1 800.533.8045

  • +1 765.423.4484

Twitter

--

Facebook

--

Instagram

--

YouTube

--

Company address
  • 324 Main Street, Ste. A Lafayette, IN 47901

Linkedin
WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address

--

Company Summary

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment

1

Comments

Write a review

Wangr
more than one year
Bower Trading recently canceled my withdrawal. I have all my transaction history as evidence. I won't modify this review until my withdrawal is processed.
2024-01-12 17:40
Reply
0
0
TOP
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com