The company PowerStox calls itself “The Ultimate Gateway to Trading Success”. However, there aren’t many people willing to use the broker’s services, mainly because there are almost no reviews online, which also hints at the platform’s short operation period. The known legal address is in the offshore jurisdiction of Saint Vincent and the Grenadines, yet no license has been obtained. Well, can such an organization be trusted with money, or is it better not to do so? How safe is it to trade here?
How to Trade
PowerStox acts as a CFD broker, where clients can trade forex, metals, indices, stocks, cryptocurrencies, and commodities. The firm promises NDD order execution, 20 sources of liquidity, and more than 10,000 assets.
The company follows a popular practice by offering its traders a range of tariff plans. The higher the tariff, the more additional services and better conditions PowerStox provides.
The minimum deposit starts at $250, which is quite high. Meanwhile, PowerStox offers leverage up to 1:400 and volumes from 0.01 lot. Additional services include:
Education center.
Price alerts.
Personal portfolio.
Daily market analysis.
Account manager.
Research tools.
The broker provides both floating and fixed spreads. By default, from 3 points, and according to the account type description, commissions are zero.
PowerStox Vital Info
Whether the broker is experienced and has been operating for a long time is unknown, as the foundation date is not mentioned on the site. However, one can understand when PowerStox began its brokerage service by the domain registration date. The domain was registered on September 12, 2023. Well, it’s unlikely that we are dealing with a well-known and experienced company.
The legal address of PowerStox is in Saint Vincent and the Grenadines, not the safest and most reliable jurisdiction.
Despite the fact that forex broker activity is not regulated in this country, we still examined the SVGFSA registry and came to a conclusion. This broker is somehow absent from the SVGFSA registry, but then how can it be registered in Saint Vincent and the Grenadines?
FAQ
What are the key facts about PowerStox?
The company's headquarters are listed in Saint Vincent and the Grenadines, but we did not find such an organization there. Checking the SVGFSA registry showed nothing, meaning the address is fake. The long period of operation is also in question since the domain of the official site was only registered in September 2023, and we have no other data. Moreover, there are very few reviews about the firm on the internet. The broker confidently claims to use the NDD business model, but we suspect this is a lie. The site mentions 20 liquidity providers but without names and links, meaning there's no verification of these claims.
What's the risk to my wallet when working with this broker?
We are dealing with an illegal broker with a short period of operation. Such companies carry a high risk; they might turn out to be fraudulent, meaning all clients who have deposited into their brokerage accounts will lose their deposits. PowerStox is a dangerous platform for trading, and the main risk lies in its illegal activity. And this is despite the fact that trading is a high-risk business and is not suitable for all people.
How can I give my thoughts about powerstox.com?
Drop us a comment below! After moderation, it will appear on this page. Please note that we reserve the right to remove fake and spam reviews.
Where can I find out about suspicious companies like PowerStox?
If you wish to be warned against shadow business, you've come to the right place! Visit our blacklist of companies and learn more about dirty scam methods.
Do you have information about reliable and safe companies?
We also provide users with a carefully crafted list of financial companies that can improve your well-being and generate profits. Check it out, and don't hesitate.
The Goods & The Bads
The broker thoroughly discloses trading conditions.
If you are ever offered to open a brokerage account at PowerStox, confidently refuse. Scammers will offer you profitable signals, assistance from an experienced personal manager, the best analytics, guaranteed trading systems, and so on. It is lies and nonsense. They want to lure you into their fraudulent shop, created a few months ago.
There is no license here, there never was and never will be. Many people have lost their deposits here. Be careful.
And when will my withdrawal request be approved? HELLO! PowerStox comrades! Where are you? Why have I been waiting for 5 days to have my money withdrawn? Is this normal for you? How can I speed up the process? Why do I have to wait so long?
What a horror. How do people believe in such a scam as PowerStox? The site is template-based, and the minimum deposit of $250 is exactly the same as 90% of similar fraudulent pseudo-companies. Moreover, the leverage of 1:400, huge bonuses, and other signs of an illegal broker.
I recommend staying as far away as possible from such fake platforms. You will lose time, money, and nerves. Why would you need this?
Oh my God, how beautifully they lie. They have no registered legal entity, so they also didn't obtain a license. Meaning, powerstox conducts illegal activities. Such fake sites only scam money. They have no other purpose. I see this clearly.
I really liked the conditions at powerstox. In reality, the broker offers low spreads, very tight ones, by the way, as well as a large selection of financial assets and flexible leverage. Together, it gives an advantage to experienced traders who know how to profit from the financial markets. But another question bothers me – how safe is it to cooperate with the company? Since it doesn't have a license, that's one. Secondly, it has a short period of operation, and the website doesn't even state when the company was founded. Thirdly, it's not well-known. The broker is noname, 100%. No doubt. So I worry that I might start trading here, and the firm will deceive me and take my money.
It's sad to look at my balance and understand that these are just numbers on a screen that will never turn into real money. PowerStox turned out to be scammers who initially talked and promised 100% reliability and the best conditions, and then started to ignore me. I can't withdraw money. It's impossible.
I've been actively trading on the powerstox.com platform for a week, and I like everything so far. The only thing that concerns me is the solvency and honesty of POWERSTOX. Negative thoughts arise that the broker will deny me money withdrawal. And I'm very worried about this.
Regarding conditions and service, everything is excellent here. Spreads are not biting, and commissions are zero. I can change the leverage as convenient for me. Moreover, not only forex is available, but also many stocks and cryptocurrencies, so there's always something to trade. Additional options are available, but I don't use them. Meanwhile, the company's managers don't bother me and don't try to forcefully offer me these unnecessary services.
I can't call this brokerage company safe and profitable for cooperation. Trust my experience, everyone who invests money here will lose it forever. There will be no chance to return even 1 dollar. So don't make such foolish actions, don't feed scammers with easy money, and cooperate only with verified organizations that have obtained all necessary licenses.
What a shameful scam. I gave $500 to this disgraceful scam. My God, how stupid I was, it's so obvious that we have a fake brokerage trash without real registration data and without a license. It was so foolish to transfer money here. I've only realized this now, so I want to warn other people not to fall for fraud like me and other fools.
Mmm, another offshore scam broker registered in Saint Vincent and the Grenadines. And that's doubtful because I couldn't find the company in the SVGFSA registry. So, not only did they provide a shady offshore address, but they're also not even there, meaning they blatantly lied to us.
Did you know that registering a company in the Grenadines is very cheap and essentially requires nothing? I have one rule – NEVER COOPERATE WITH BROKERS FROM SAINT VINCENT AND THE GRENADINES. This rule has always saved me. And those traders who dared to do so ended up losing money, as all these fraudulent entities scam people left and right.
To my deepest regret, my money was stolen by scammers from a fake brokerage company named PowerStox. A few months ago, I was looking for an intermediary to trade currency pairs. My attention was drawn to this organization: a few positive reviews, a legal address, openness, and favorable conditions. I decided to open a brokerage account and fund the deposit. I failed to check the firm, study its reliability guarantees, and understand whether it could be trusted with money or better not to risk it. I transferred $1,000 to the balance. But the money was never credited to the account. A lot of time has passed, I have written to tech support multiple times, but have not received any response. I don't know what to do in such a situation. $1,000 just evaporated. I couldn't have made a mistake in the transfer. What should I do and how to get the funds back?
Did you even read all these "positive reviews" about Powerstox? Lol, it's just 1-2 sentences written by bots, in the style of "BEST PLATFORM", "BEST EXPERIENCE", and other nonsense. It's blatantly obvious that these are fake comments, either bought or written by scammers themselves. So, friends, don't believe these crooks. They want to lure your deposits into their fraudulent paws with fake reviews. It is standard behavior for scammers on the internet.
Real reviews say that this is a fake platform where there are no real trades, only an illusion. Withdrawals here do not work, so there's no point in cooperating with fraudsters. Please, do not feed money to criminals who, instead of earning a living in an honest way, created a fraudulent site powerstox.com and are now scamming people.
Scam 100%. No doubt. Fraudsters. Please, don't fall for it. Don't give your money to scammers. Shameful fraud!
If you are ever offered to open a brokerage account at PowerStox, confidently refuse. Scammers will offer you profitable signals, assistance from an experienced personal manager, the best analytics, guaranteed trading systems, and so on. It is lies and nonsense. They want to lure you into their fraudulent shop, created a few months ago.
There is no license here, there never was and never will be. Many people have lost their deposits here. Be careful.
And when will my withdrawal request be approved? HELLO! PowerStox comrades! Where are you? Why have I been waiting for 5 days to have my money withdrawn? Is this normal for you? How can I speed up the process? Why do I have to wait so long?
What a horror. How do people believe in such a scam as PowerStox? The site is template-based, and the minimum deposit of $250 is exactly the same as 90% of similar fraudulent pseudo-companies. Moreover, the leverage of 1:400, huge bonuses, and other signs of an illegal broker.
I recommend staying as far away as possible from such fake platforms. You will lose time, money, and nerves. Why would you need this?
Oh my God, how beautifully they lie. They have no registered legal entity, so they also didn't obtain a license. Meaning, powerstox conducts illegal activities. Such fake sites only scam money. They have no other purpose. I see this clearly.
I really liked the conditions at powerstox. In reality, the broker offers low spreads, very tight ones, by the way, as well as a large selection of financial assets and flexible leverage. Together, it gives an advantage to experienced traders who know how to profit from the financial markets. But another question bothers me – how safe is it to cooperate with the company? Since it doesn't have a license, that's one. Secondly, it has a short period of operation, and the website doesn't even state when the company was founded. Thirdly, it's not well-known. The broker is noname, 100%. No doubt. So I worry that I might start trading here, and the firm will deceive me and take my money.
It's sad to look at my balance and understand that these are just numbers on a screen that will never turn into real money. PowerStox turned out to be scammers who initially talked and promised 100% reliability and the best conditions, and then started to ignore me. I can't withdraw money. It's impossible.
I've been actively trading on the powerstox.com platform for a week, and I like everything so far. The only thing that concerns me is the solvency and honesty of POWERSTOX. Negative thoughts arise that the broker will deny me money withdrawal. And I'm very worried about this.
Regarding conditions and service, everything is excellent here. Spreads are not biting, and commissions are zero. I can change the leverage as convenient for me. Moreover, not only forex is available, but also many stocks and cryptocurrencies, so there's always something to trade. Additional options are available, but I don't use them. Meanwhile, the company's managers don't bother me and don't try to forcefully offer me these unnecessary services.
I can't call this brokerage company safe and profitable for cooperation. Trust my experience, everyone who invests money here will lose it forever. There will be no chance to return even 1 dollar. So don't make such foolish actions, don't feed scammers with easy money, and cooperate only with verified organizations that have obtained all necessary licenses.
What a shameful scam. I gave $500 to this disgraceful scam. My God, how stupid I was, it's so obvious that we have a fake brokerage trash without real registration data and without a license. It was so foolish to transfer money here. I've only realized this now, so I want to warn other people not to fall for fraud like me and other fools.
Mmm, another offshore scam broker registered in Saint Vincent and the Grenadines. And that's doubtful because I couldn't find the company in the SVGFSA registry. So, not only did they provide a shady offshore address, but they're also not even there, meaning they blatantly lied to us.
Did you know that registering a company in the Grenadines is very cheap and essentially requires nothing? I have one rule – NEVER COOPERATE WITH BROKERS FROM SAINT VINCENT AND THE GRENADINES. This rule has always saved me. And those traders who dared to do so ended up losing money, as all these fraudulent entities scam people left and right.
To my deepest regret, my money was stolen by scammers from a fake brokerage company named PowerStox. A few months ago, I was looking for an intermediary to trade currency pairs. My attention was drawn to this organization: a few positive reviews, a legal address, openness, and favorable conditions. I decided to open a brokerage account and fund the deposit. I failed to check the firm, study its reliability guarantees, and understand whether it could be trusted with money or better not to risk it. I transferred $1,000 to the balance. But the money was never credited to the account. A lot of time has passed, I have written to tech support multiple times, but have not received any response. I don't know what to do in such a situation. $1,000 just evaporated. I couldn't have made a mistake in the transfer. What should I do and how to get the funds back?
Did you even read all these "positive reviews" about Powerstox? Lol, it's just 1-2 sentences written by bots, in the style of "BEST PLATFORM", "BEST EXPERIENCE", and other nonsense. It's blatantly obvious that these are fake comments, either bought or written by scammers themselves. So, friends, don't believe these crooks. They want to lure your deposits into their fraudulent paws with fake reviews. It is standard behavior for scammers on the internet.
Real reviews say that this is a fake platform where there are no real trades, only an illusion. Withdrawals here do not work, so there's no point in cooperating with fraudsters. Please, do not feed money to criminals who, instead of earning a living in an honest way, created a fraudulent site powerstox.com and are now scamming people.