PRTrend Forex Broker Review

CFD trades give access to CFD fractional shares, CFD international markets and CFD short selling. More advanced traders can also use CFDs to hedge. The PRTrend advanced trading tools for MetaTrader 4 are aimed at improving the total trading experience and providing traders with a competitive advantage.

Which trading app is best in Nigeria?

Here’s a breakdown of the top 10 best stock trading apps in Nigeria:XM – Best Overall Stock Trading App In Nigeria.
eToro – Best App For Stock Copy Trading.
IQ Option – Ideal App For Beginner Stock Traders.
HotForex – Most Trusted Stock Trading App.
PRTrend – Best Stock Trading App With Lowest Spreads.

Because if you have any question or difficulty, you will definitely get an answer to your question and qualified help. You will be ignored in the daytime or shift the responsibility to you, everything is solved quickly and competently, after communicating with the manager there are only pleasant impressions.

Forex Peace Army

I kept asking questions and I kept getting standard replies that you could see were obviously prewritten. With PRTrend I actually started feeling someone cares!

PRTrend reviews

The EUR/USD commences from a mark-up of 1.7 pips or $17 per 1.0 standard lot in the commission-free Standard MT4 account. The commission-based MT4 NDD account features a spread of 0.9 pips for a commission of 0.007% or $16, decreased to 0.2 pips and 0.008% trader or $10 in the MT5 Real ECN account. Those are the minimum costs, with average prices above that, rendering all three uncompetitive but largely within the norms for CySEC brokers. Equity CFDs face a 0.10% commission and an above-average mark-up.

One Of The Best Online Brokers In The Nation

I don’t know if there are companies with more favorable conditions, but I can say for sure that order execution is one of the best among all brokers. I even compared it specifically with leading companies.

PRTrend reviews

Your PRTrend account could potentially become negative. We recommend you making use of negative balance protection. Using forex analytics negative balance protection ensures your losses will always be limited to the current balance of the money in your account.

Withdrawal Options

PRTrend is also the only broker to offer face-to-face office-based training sessions that can be accessed in their local offices in over 35 countries. In the office sessions, traders can train in groups or seek classes with personal instructors. Finally, customer service can also help filter legit brokers. Scam brokers usually offer great support when a prospective client inquires about their services.

PRTrend reviews

That is why I chose the Cent account at PRTrend. The best about that company is that it’s offering sync-trading for almost every trader. Other companies with that feature usually set higher deposit requirements, but with PRTrend you can join sync-trading even with $100 min. deposit. I can’t say I see sense it, as $100 is too low to earn great money, but it’s good as you can try sync-trading and then make a decision about further investing.

The terminal works quickly, without freezing, which speaks of the broker as a high-level company. In addition to web-trading, a mobile version of the platform is also available, allowing you to trade at any convenient time. PRTrend offers guaranteed stop loss protection.

Dynamics Of The Popularity Of PRTrendin 2020 Among The Users Of The Traders Union

So you can start trading here with a small deposit. This is relevant if you are tired of practicing on a demo account and getting nothing in return.

PRTrend reviews

PRTrend has clear ranking of masters, so there is no any trouble to choose the best one. Is PRTrend a scam or it’s a company you can entrust your money and time to? We are going to answer this question in this detailed review of the broker. All money funded to PRTrend is placed into a segregated power trend scam tier 1 bank account. This means your money in not held by PRTrend directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also PRTrend is regulated by Cyprus Securities and Exchange Commission , Markets In Financial Instruments Directive .

Regulation And Security

In my practice, there were many attempts to master trading. As it is supposed to be, at first, I tried to trade using indicators. I failed because there were a lot of false signals, and my orders did not bring stable profit. I spent a lot of money, but I did not get the expected result. I can put it in MT4 in PRTrend and trade in peace.

PRTrend reviews

PRTrend has a good number of financial instruments that you can invest in. PRTrend offers you Metatrader 4 or Metatrader 5 as investment platforms. Note that the interfaces are friendly and intuitive despite their advanced features. Also, these platforms are very useful and are the most used tools by traders in the world. You will be able to find a large number of chart options, indicators, and plotting tools. To operate within the PRTrendplatform, you will have to wait a long time compared to other brokers. In fact, sometimes, you will have to wait for more than 3 days.

As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with PRTrend like Forex trading, Spread Betting trading, Social trading, and Share Dealing trading. You should have confidence in PRTrend and know that the management of your financial investments on the PRTrend platform are in good hands. Before joining this brokerage service everything I heard about this company had to do with sync-trading. The very essence of this service is that you choose a professional trader and let him trade your account. I don’t really understand all the hype around this company.

PRTrend reviews

For this reason, PRTrend has a solid rating in this regard. Customer support is very important for most of our readers. Hence, we not only take into account all the platforms that are used to provide prtrend sign in support but the quality of the support provided and the consumer feedback. Client registers in PRTrend, verifies his/her account, makes deposit of at least 50 USD and opens a trading position.

  • Before trading online with a broker such as PRTrend you should be sure they’re legitimate online agent.
  • PRTrend allows traders to trade on mobile devices through Android and IOS devices like the iPhone.
  • The mobile apps from PRTrend will give traders access to view their full trading history, the ability to trade directly from the charts and the capability to utilise pending and market orders.
  • The Cyprus Securities and Exchange Commission is the sole regulator of PRTrend, which is headquartered in Cyprus.
  • Sync-trading isn’t as profitable as regular trading, and it takes some time to get used to it.
  • The company PRTrend supports a large quantity of popular and convenient payment options for depositing and withdrawing earned money.

The thing is, I decided to create myself as a trader! I was interested in this topic and I decided to develop in the financial markets. This can help you understand how everything in the financial world works. Many years have passed, forex analytics trading conditions have improved significantly, the company has reached a new level, but still remains honest and transparent for customers. Trading conditions are quite good, the spread is average when compared with the best.

This makes PRTrend lose points as having to wait 3 or more days to start trading could mean losing the chance to take advantage of opportunities in the financial market. This type of account provides investors with access to standard lots on the widest range of forex instruments available in the MT4 platform. As a consequence, the Standard Forex Account is the most suitable account type for all Forex traders.