Report A Scam And File A Chargeback Against PRTrend

Keep in mind that if you fund via wire transfer, the minimum deposit increases to $300. PRTrend began operations in 2007 and since then, it has served more than 7,000,000 clients. The company gives you access to trade more than 230 trading instruments and supports more than 30 languages. The company is based in Russia and regulated in the British Virgin Islands. If you want to trade forex with a trustable broker, PRTrend is the best place. I am from Malaysia and they provide customer support with my language. I am very happy and thinking that PRTrend is one of the best brokers for Malaysians.

PRTrend scam

The MT4 trading platform is the only one offered which surprised us during this PRTrend EU review as the broker claims to be an ECN broker and the cTrader platform remains dominant in that sector. This broker is recognized for the vast sponsorships of professional sports in a statement to the general success of PRTrend. Now if the trader intends to use PRTrend then first of all he needs to register with the platform as a partner. He can next try out the demo account and see if it works for him or not. The investor also has the opportunity to participate in a number of contests when he opts for them. Moreover, the trader also gets about 30 percent bonus. The FAQ section is also available on the website in case the trader has any questions, he can put up the questions to the platform.

Sec Filed A Complaint Against The Scam Broker Porter Finance

PRTrend’s representative to the FPA promised to provide evidence to back up this cheating accusation. Instead, she just kept emailing her claim that they cheated and said that her repeated unsupported claims of cheating qualified as proof of cheating. The FPA does not consider repeating an accusation dozens of times to be evidence that the accusation is true. The clients were never paid for the profits PRTrend took from their accounts. This is my trusted broker since last year and i love thier spread.

PRTrend scam

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Is The PRTrend Trading Platform Secure?

PRTrend EU scans the comments submitted to them and monitors the MT5 forums, then creates the content and published it on the Trader’s Desk. This section marks the most innovative approach by PRTrend EU and is executed impressively. By submitting your review you agree to the REVIEWS.io terms & conditions. A request to settle a debt, taxes or other amount owing and to send money via courier, prepaid bank card or gift card. I was well taken care of by some of the support staff from PRTrend, when I have issues with my trades and withdrawals. Like the forex, and stocks there are varying profit range for them. I just don’t know if that depends on your global location.

Welcome Bonus – $30 bonus is credited to your account instantly after you complete the application. PRTrend also offers VPS hosting to ensure the smooth functioning of EAs. Furthermore, the VPS can be obtained for free by traders having an account balance of 5000 USD. One of the most interesting things about PRTrend is that it offers you both MetaTrader 4 as well as the advanced MetaTrader 5 trading platforms. It is not hard to imagine how hugely popular PRTrend is among its customers. Due to the extraordinary service this company offers, it has been awarded the prestigious Best Broker in Asia award by the World Finance and British Magazine for three consecutive years.

PRTrend scam

Stop Loss orders are guaranteed only during market hours and under normal trading conditions. PRTrend is regulated by Cyprus Securities and Exchange Commission . One of the most important criteria for traders when choosing a broker like PRTrend is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money. All money funded to PRTrend is placed into a segregated tier 1 bank account. This means your money in not held by PRTrend directly but a tier 1 bank.

Opening An Account

Beside this, I’ve already invest in PAMM account of this broker. It’s really amazing gaining and I’ve choose the best super professional traders in PAMM. PRTrend has been facilitating trade on the financial markets for over 13 years. PRTrend offers clients Forex trading, Social trading, and Share Dealing trading.

PRTrend scam

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have. If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due. Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other trading fees may be higher with a low minimum deposit account. A minimum deposit is the minimum amount of money required by PRTrend to open a new online brokerage account with them.

PRTrend Reviews

Following the click, the registration form will appear. PRTrend has become a popular name in the industry with the extraordinary services that it offers. And the brokerage continues to amaze traders by adopting new technologies and features into its system to allow the traders to achieve success from their trades. Though it is not bound by any huge regulation, it still offers maximum security and options which make PRTrend a worthy choice. LFC Partnership Bonus 100%– You get 100% bonus on your first deposit.

What is PRTrend all about?

It means exchange of one currency for another on a financial market. For your information, PRTrend offers over 100 currency pairs with a wide variety of national currencies. Read more. For your information, PRTrend offers over 100 currency pairs with a wide variety of national currencies.

PRTrend less customer support features compared to other brokers like live chat, phone and email support. Email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. PRTrend Autochartist provides the world’s first Market Scanner available for MT4 using a non-trading Expert Advisor script. Scan markets for trading opportunities while viewing all symbols and time intervals from a single graph. Gone are the days of launching a lot of graphs on which you can’t remember which currency you’re taking a look at. Autochartist offers a simple user interface that can be customized to suite how you like to trade.

PRTrend Trading Platforms

This category only applies to their platforms that they have developed since the MT4 and MT5 platforms are third party applications which cannot be skinned by any broker. If you prefer to trade via your smartphone then you can simply install their mobile app which supports devices that are running in Android and iOS. This unique and proprietary platform has been developed by PRTrend and as the name implies, it is designed for doing tick trades. And even though that it’s light to use and Foreign exchange autotrading won’t consume a lot of system resources, it comes complete of its function kits and suite of tools including the latest news and analytics, and tick charts. This includes an advanced set of technical tools, a built-in tab with an economic calendar, additional graphic charts and technical indicators, and a whole lot more. 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.

PRTrend scam

For the past years, I have continued trading with PRTrend. Then I slowly made progress through the help of the broker itself. Their trading environment is great and they also have a special Foreign exchange market section for Forex education. This has helped me improve my skills which resulted to better trading results. We are really happy to have you as a customer and always glad to help if needed!

Discuss the issues you have had with PRTrend and work with their customer service team to find a prtrend website resolution. PRTrend has had some trouble with CySEC before, paying €130,000 in fines overall.

PRTrend scam

It is rare for brokers to have a fully-functional mobile platform. But at PRTrend, with 2 years of experience in using their mobile platform, I did not encounter any serious issue. For the last two years, I have been actively trading at PRTrend and I never had power trend official site an issue in my trading activities. This broker always provides an excellent trading environment. The platforms, especially the mobile version, is very easy and convenient to use. I have been dealing with Insta for half of year and have absolutely no objection.

Honestly, once you have become a trader at this broker, you will love everything about them. I withdrew my profits twice at this broker and the fund was transferred the next day to my account. The process is fast and there is are no additional charges. The way a broker release their client’s fund is the most important for me that is why I trust PRTrend so much.

  • Well, what makes PRTrend a good choice is that it is a reliable binary options trading platform so the trader would not have to dread anything if he decides to choose this platform.
  • A lot of complaints come from the trader that tried to abuse the PRTrend bonus program.
  • The entire process is online, although you will need to submit documentation as well to prove your identity and address.
  • PRTrend EU is part of the PRTrend brand that was established in 2007 and is home to over 7,000,000 traders.
  • 4) PRTrend Club Bonus – Additional bonuses for members of PRTrend Club.
  • Spreads in the Insta.Eurica account are reduced to zero, and though a commission applies, this account type presents the most competitive trading environment offered.

We have covered allot in this PRTrend review, If you want to see how PRTrend compares side by side with other brokers check out our PRTrend Vs pages. PRTrend has the ability to get deposits and withdrawals processed within 2 to 3 days. PRTrend are regulated by Cyprus Securities and Exchange Commission . This means PRTrend fall under regulation from a jurisdiction that can hold a broker responsible trading strategy for its misgivings; or at best play an arbitration role in case of bigger disputes. We tested communicating with PRTrend support in multiple languages in multiple countries. We sent messages to PRTrend livechat through their app and website and recieved a response within 20 minutes. So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.