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/10

Poweroy Limited

China|1-2 years|
Self-developed|Suspicious Scope of Business|Suspicious Overrun|High potential risk|

https://www.poweroyfx.com/en/index

Website

Rating Index

Contact

nfo@poweroyfx.com
https://www.poweroyfx.com/en/index

Licenses

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

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Broker Information

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Company Name

Poweroy Limited

Company Abbreviation

Poweroy Limited

Platform registered country and region

China

Company website

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Warning: Low score, please stay away! 3
Previous Detection : 2024-04-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The United KingdomFCA regulation (license number: 146311) claimed by this broker is suspected to be clone. Please be aware of the risk!

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Poweroy Limited · Company Summary

Basic Information
Registered Countries N/A
Regulation No License
Minimum Deposit N/A
Maximum Leverage N/A
Minimum Spread N/A
Trading Platform Webtrader
Trading Assets forex, precious metals, energy and major global indices.
Payment Methods N/A
Customer Support Email Support Only

General Information

Establised in 2002, Poweroy Limited claims that it is headquartered in London, with direct branches in the United States, Vanuatu and Sydney, Australia. This broker boasts that it offers mainstream investment products covering forex, precious metals, energy and major global indices.

When it comes to regulation, Poweroy Limited is not authorized or regulated by any regulatory authority, and thats why WikiFX has given it a very low score of 1.03/10. Please be aware of the risk.

general-information

Market Instruments

Clients are provided with five classes of trading instruments, covering Forex, Precious Metals, Crude Oil, Indices, as well as Cryptocurrency.

  • Foreign Exchange-Up to dozens of mainstream forex pairs including EUR/USD, USD/CAD, GBP/USD, etc.

  • Precious Metals-Gold, Silver

  • Crude Oil- US Crude Oil (USOIL) trading

  • Indices- Hong Kong Seng Index (HK50), German Index (GER30), S&P 500 Index (US500)

  • Cryptocurrency-Dozens of mainstream digital currency pairs including Bitcoin, Ether, Ripple, etc.

Leverage

Poweroy Limited does not elaborate on what trading leverage it provides. However, since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.

Trading Platform

What Poweroy Limited provides is not the MT4 OR MT5 trading platform, a web-based online trading platform instead.

Customer Support

Getting in touch with Poweroy Limited is not an easy thing, for only an email address is provided. other more convenient and responsive contact channels, like phone support and online chat, are not available.

Here is the contact information: info@poweroryfx.com

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros Cons
None No regulation
Insufficient website information
Weak platform
Poor customer support

Frequently Asked Questions

Is Poweroy Limited regulated?

No, Poweroy Limited is not regulated anyway.

What items can I trade with on Poweroy Limited

Poweroy Limited offers access to Forex, Precious Metals, Indices, Futures, Gold, Bitcoin, Futures.

What trading platform does Poweroy Limited offer?

Poweroy Limited offer a web-based online trading platform.

User Reviews

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没有免费午餐
more than one year
This platform used to be called not poweryfx.com, it seems to be called amtopfx.com, it is the current interface of pwoeryfx.com - there is a dark blue background image like a constellation link, it is a company that takes money and runs away, today here is a shot, One shot there tomorrow, maybe another name will appear in the future. They (maybe salespersons) will meet new people in various names, such as pretending to send wrong information to strangers' numbers, and then introduce strangers to invest through chatting. First use a slightly formal trading company to let you transfer money in to buy Bitcoin (such as crypto.com) or USDT, and then withdraw money to an external wallet (this is pweryfx.com). Then teach people how to trade (such as using traidngweb app). At first, you may use leverage and margin to make you some money. After increasing your trust in them, you will invest more. In the end, even if you earn money, you cannot get money from them. The platform withdraws the money you earn. This trading web was removed from the app store at the beginning of January. The specific reason is unknown, but one can imagine how risky a website Pweryfx is with trading web as its trading platform. The trading platform withdrew as soon as it said it would, without any notice. Please keep your eyes open and try not to talk to strangers about any issues involving investment or money transactions!
2023-02-15 07:35
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传说只是传说
more than one year
The company's trading conditions look attractive, but I see that its regulatory license does not look very reliable. To be on the safe side, I would not choose this broker.
2022-12-09 10:25
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