We provide the most accurate and varied forecasts and collection of statistics for each Forex broker. Traders Union is a site that allows you to follow all the news of the Forex market as well as promotions of Forex brokers, receive the most comprehensive analytical studies, and share your experience. Because you will receive additional trading strategy payments from Traders Union every month while all other functions on your chosen trading platform remain the same. I actively traded with PRtrend for over an year and in that year have made countless transactions thanks to my experience and constantly developing knowledge, I earned money for a new apartment and a car.

PRtrend website

All reviews of PRtrend published on the website in 2021 are verified and confirmed by Traders Union as reliable comments by real traders. PRtrend Trading Company is a great broker for scalping enthusiasts, automated trading lovers, and beginner traders. The Australian Securities and Investment Commission and the Seychelles Financial Services Authority provide an excellent regulatory framework for PRtrend clients.

How We Ranked Fees

The PRtrend Trading Company meets the needs of customers by providing the opportunity to trade at popular markets with high liquidity. A program participant makes a profit by attracting new customers. Remuneration is accrued regardless of the trading volume of invited customers and their profit.

PRtrend website

In order to start trading, you have to validate your PRtrend live account. To do this, you will need to submit a document for Proof of ID and another one for Proof of Address. This is very easy and can be done electronically through client panel. PRtrend offers a wide range of CFD products covering various financial assets including forex pairs, stocks, stock indexes, commodities, trader futures, and cryptocurrencies. As a reference, the spread charged for EURUSD is between 0 and 1 pip for raw spread accounts and 1.1 for standard accounts. PRtrend charges both commission fees and trading fees depending on the account chosen by the trader. This is an advantage compared to other forex brokers as it allows traders to save money on conversion fees.

News Feed

All information that we provide to customers is open, reliable and verified. If you want the work with PRtrend to be comfortable and profitable, you should register with the broker through the Traders Union – that way you can save money on the spread. PRtrend com customer service works round the clock, five days a week, from Monday to Friday inclusively. Withdrawal applications are instantly processed by the PRtrend operations department. The receipt of funds occurs instantly when using the electronic payment system and takes from 2 to 5 working days when withdrawing money to a bank card. Financial assets, provided there is a license, are also preserved.

Research tools include a top-notch news feed, a trading ideas hub, and charting tools. They regulated by a top-tier jurisdiction and two other financial regulators. The stock indexes covered by this broker’s CFDs include the S&P 500, the Dow Jones Industrial Average, the FTSE 100, and the Australian S&P 200. The cryptocurrencies offered by this broker include Bitcoin, Bitcoin Cash, Ethereum, Dash, Litecoin, Ripple, EOS, Emercoin, NameCoin, and PeerCoin.

PRtrend website

A managed account is an investment that is owned by a single investor. However, the money-making decisions are in somebody else’s hands. These have become extremely popular in the last decade or so and with good reason. The money needed to invest in such accounts are usually larger as you must consider the fee for the finance professional.

Account Opening

Rather than using incentives to attract new traders or poach existing ones from competitors with bonuses, PRtrend deploys a highly attractive all-around trading environment. While bonus campaigns can represent a superb trading tool, similar to leverage, the majority do not know how to use them properly or do not understand their purpose. Therefore, many traders misuse them and often deploy counter-productive or destructive trading methods. Those traders chasing bonuses from broker to broker tend to be unsuccessful traders, make one deposit, and trade until they face a total loss before moving on to the next one. PRtrend traders have access to a fair pricing environment.

To set email or mobile notifications, you have to add your email address and mobile MetaQuotes ID (you can find it in the MT4 app’s settings). PRtrend offers MetaTrader 4 as a desktop trading platform. A bank transfer can take several business days, while payment with credit/debit card is instant. Also, you can only deposit money from accounts that are in your name. If you fund your account in the same currency as your bank account or you trade assets in the same currency as your account base currency, you don’t have to pay a conversion fee. There is no fee for withdrawing funds using credit/debit cards or electronic wallets.

  • Like most of the other forex brokers, there are two major steps in order to open the live account.
  • Conditions are acceptable and performance is terrific.I have been working with this company for the third month already.
  • PRtrend trading fees are low.There are different cost structures for different account types.
  • We recommend looking at a EagleFX alternative that has more financial regulation.
  • The price you are being presented with will factor in the fee the broker takes.
  • To put it in the simplest terms possible before you invest any money into something please take note of exactly what you are doing.

However, there are certain brokers that offer variations of managed accounts where you can pay as little as $200. A demo account is an extremely useful account for people with no trading experience. This way you are risking none of your money and testing out your trading skills in a safe environment. For people who have next to no knowledge of trading we recommend signing up with a PRtrend power trend website and EagleFX demo account fully. knowing your trading and commission fees with PRtrend vs EagleFX is extremely important. For the majority of the PRtrend 232 financial instruments and EagleFX 100 available financial instruments. Alternatively EagleFX allows retail traders to trade Forex, CFDs, Cryptocurrency on the EagleFX MT4, Web Trader, Tablet & Mobile apps trading platforms.

PRtrend Com Competitive Analysis, Marketing Mix And Traffic

The more instruments you can trade on the PRtrend and EagleFX trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of PRtrend or EagleFX.

PRtrend website

Often a high minimum deposit gives greater choice in the financial assets and trading platform research features. The broker also offers additional trading features such as social trading integration with ZuluTrade and MyFXbook. Trading Derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Derivatives may not be suitable for all investors, so please ensure that you fully understand the risks involved, and seek independent advice if necessary. A Product Disclosure Statement can be obtained either from this website or on request from our offices and should be considered before entering into a transaction with us.

Ingles Markets Empower

A wide range of trading platforms available including MetaTrader 4, MetaTrader 5 and cTrader. PRtrend makes money through spreads, swaps and commissions on certain trading accounts and instruments.

PRtrend website

Commissions are paid in a real-time mode to a participant’s trading account. Any request received after that is processed the following business day. International forex bank wires may take up to fourteen business days. Credit/debit cards average between three to five days but can take as long as ten days.

VPS guarantees a record high rate of orders execution speed. The size of payments by the Traders Union to PRtrend customers according to the type of account True ECN will be 80% of 2 US dollars per 1 lot. PRtrend is one of my preferred brokers where my money is withdrawn quickly without commission. At first, I had to learn to trade, but now I feel like a duck to water. Just register and get authorized to submit a review of the broker’s activities and conditions on its platform.

PRtrend website

Overall, PRtrend trading fees are on the low end of the industry, even though its financing fees are reportedly on the high end. Finally, the selection of forex pairs offered by PRtrend includes the most popular pairs such as the EUR/USD, GBPY/USD, and USD/JPY, along with certain exotic forex broker power trend pairs such as the GBP/TRY and the CHF/SGD. There are 10 base currencies available for each of the accounts offered by PRtrend including EUR, USD, GBP, AUD, CHF, JPY, NZD, SGD, CAD, and HKD. Additionally, clients from the United States, Canada, and Israel can’t trade with this broker.

To simplify things, we analyzed everything for you and provide the main points in relevant blocks on this page. ASIC, CySEC and FSA regulated, offering high transparency with client trading funds segregated and held with named tier one banks. Swap rates for holding positions overnight vary and can be found in both the MetaTrader and cTrader trading platforms. PRtrend offers commission-free trading on Indices, Bonds, Futures and Cryptocurrencies across all account types, as well as on the Standard Account for ECN Forex trading. No restrictions on trading, including the ability to place orders between the spread – ideal for scalping and high-frequency traders. The company’s additional regulation by the FSA of Seychelles came into effect in July 2019 due to changing global regulations for CFD providers.

An Islamic account is for people who respect the Quran and would like to invest in the Islamic stock market. This might seem very niche, but it is essential for those concerned as it follows certain ethics in relation to the principles of Islam. This is very useful for serious traders who want to use one account to place all of their trades. It is a sophisticated software tool that allows a single trader to execute block trades on all accounts operating under a master account. Well, the stock market sees market movement every second, if you are not near your desktop computer you will probably be near and have access to your phone.

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