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You can also model numerous different Forex pairs at the same time. This is probably the most well-known trading platform in the world and has been around for a number of years. It has been downloaded by millions of traders and is used by most online Forex brokers. As is standard with Forex brokers, you will also be charged a standard swap rate. This can be considered an “overnight” fee that is charged to finance your positions. You can see this swap rate in the platforms before you enter the trades.

Of course, we could have reached them at a bad time but we have had much more pleasant customer support experiences at brokers such as FP Markets. These are trading platforms that are developed by the MetaQuotes software company. They also offer the cTrader software suite that is developed by Spotware. All of the accounts below make use of ECNs which connect directly to the liquidity providers.

How Does The Online Trading Scam Work?

We tried to connect several times and had similar wait times. Many traders understand the benefits of using a VPS as it allows them to trade with EAs automatically and continuously. It can also be co-located at a liquidity provider data-centre to execute trades with near zero latency. PRtrend also streams in live video feeds straight from Trading Central. These are live trading news segments that cover the latest market movements and economic announcements. Well, the MT4 is a more “battle-tested” platform that is well known by millions of traders. There are more integrations for it and more trading communities know how to develop on it.

Taken together, the support is pretty good because you always get professional help directly. However, you have to make a small smear, because there no support in every language. The support works Foreign exchange reserves 24 hours a day from Monday to Friday and is available via chat, telephone, or email. Personally, we are not a pro in using cTrader because we much prefer to use MetaTrader for my strategies.

PRtrend Execution

For advanced traders, there is the possibility to insert extern indicators which you can download on the internet. There are a lot forex of functions which we cannot mention here all. In addition, technical drawing tools are available for doing technical analysis.

The time it took for us to get connected to an agent was not ideal. prtrend scam Moreover, the knowledge of said agent was really sub-par.

PRtrend Final Call:

Our order matching engine located in the New York Equinix NY4 data centre processes over 500,000 trades per day with over two thirds of all trades coming from automated trading systems. Reliable, low spread broker with high leverage and perfect support. The broker offers a total of 15 methods to capitalize on the account. The broker is surprised that he even offers Bitcoin and PayPal as payment methods. In summary, trader terms are outstanding with this broker. If you are looking for a good forex provider, you should switch now. However, there are no shares in PRtrend to trade, which is why you have to make small cuts.

They have a global presence and take traders from numerous regions. In order to cater to such a large array of clients, they have translated their website into over 14 different languages. They have expanded rapidly since their inception and have over 60,000 traders with them. They also process some of the highest volume in the industry and turn over $646bn in volume per month!

PRtrend Spreads

The broker has two accounts with a similar name and a third account. Apart from this, the broker also offers an Islamic account that we consider as a move to lure in religion-specific people so that the lead generation process stays afoot. No specification is given about any of the accounts on the homepage of the broker’s website.

• While PRtrend does not develop their own proprietary mobile application, each of the trading platforms that were mentioned above have their own mobile apps.
• In simpler terms, liquidity providers make sure that the money they have is circulated well in the market, and while it circulates, it keeps on multiplying more.
• A license gives the broker a trustworthy relationship with the customer.
• However, there are no shares in PRtrend to trade, which is why you have to make small cuts.
• All data available on ForexComplains.com should only be used for general information and not as an offer to invest in any asset.
• TradeATF. These brokers are known to be more productive, and the traders respect them.

This is another reason why it could make sense to opt for the MT4 platform over the MT5 / cTrader. These are simple bullet pointed guides that give you a short overview of elementary disciplines. They cover topics such as the pros / cons of CFD trading and the basics of Forex markets. When we reached out to them on their live chat, we had to wait for a total of 20 minutes to first be connected to their support agents. When we finally did get in contact with an agent, they were not that knowledgeable.

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I noticed their spreads are so narrow so I think they could be some fishing company because most probably it may take years their spreads to be covered. Furthermore, I don’t feel secure with their platform and I can confirm about slippage. Based on your selected country of residence, you might want to visit the website of PRtrend Ltd at /eu or

PRtrend is an ECN trading environment provider that brings true spreads from 0.0 pips from the liquidity suppliers from over 50 different banks and dark pool liquidity sources across 60 forex pairs. PRtrend is a choice for high volume traders, scalpers, EA traders and robots that can enjoy no dealing desk with no manipulation at the prices.

Of course, the exact spread that will be applied depends on the type of asset you are trading and the account you have. Below is an indication of some of the spreads on a small subset of assets on the Standard / True ECN . This is one of the prtrend scam first CFD brokers that we have seen offering government bonds! Now you can trade the credit worthiness of the US and UK governments for example. In this PRtrend review, we will give you everything that we found out about this broker.

There are three main account types that are featuring the same compatibility and power provided by the company, yet are designed to meet the expectations and needs of different trading styles. Two first account offering raw spread condition and commission charge per trade also offering either MT4 platform of cTrader for your selection. All brokers mentioned on this site offer online trading with leveraged instruments. If your broker doesn’t offer negative balance protection, the losses may even exceed your entire capital. All data available on ForexComplains.com should only be used for general information and not as an offer to invest in any asset.

While the crypto leverage factor is better than most other CFD brokers, you can trade with higher leverage in other locations. For example, you could trade CFDs at IQ Option or Futures at Prime XBT. Finally, as is standard with most financial websites, they eur have full SSL protection. You can feel comfortable sending them your documents and using your credit card as it is all encrypted. Another way to check up on your potential broker’s reputation is to do a quick online search to see the feedback of clients.