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?


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

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.