Power Markets Review

About Power Markets

Power‑Markets, operating via power‑markets.com, does not hold any authorisation from recognised financial regulators such as FCA, CySEC, NFA, or ASIC. The website fails to disclose a legal entity name, company address, nor company registration details. It lacks any listing in official regulator databases, and offers no evidence of segregated client funds, negative balance protection, or participation in compensation schemes. Sources indicate a minimum deposit of approximately $200–£5 000, high leverage up to 1:200, spreads around 2.5–3 pips, web‑based trading platform only, and bonus offers—all of which are inconsistent with regulatory standards. The platform demonstrates anonymity and no transparent legal governance. ,

Regulator‑focused reviews uniformly classify Power‑Markets as unregulated and potentially scam‑operated. Absence from databases of regulators such as the Estonian FSA emphasizes no regulatory footprint. The firm is flagged as “Operating status: SCAM”, and the lack of compliance with EU‑level rules—including leverage caps, bonus restrictions, and transparency—is confirmed by regulatory standards. ,

Pros and cons

Pros

• Minimal available factual data: approximate trading conditions (leverage up to 1:200, spreads ~2.5–3 pips, minimum deposit $200–£5 000)

Cons

• Unregulated, no licensing information, no legal entity disclosed
• No consumer protections: no client fund segregation, no negative balance protection, no compensation scheme
• Opaque terms and conditions, non‑standard trading platform, bonus-linked conditions
• Flagged as scam/unreliable by multiple broker‑review sources