dropowermarket is a broker established in 2023, primarily offering trading services for binary options, forex, and cryptocurrencies. The broker provides four different types of accounts, from basic to advanced, with a minimum deposit requirement of $1500 for the Premium Plan.
Company Background:
dropowermarket, headquartered in the United States, is a trading platform offering services in binary options, forex, and cryptocurrencies. The company details have not been disclosed. The broker claims to provide a wide range of trading products and services for global clients. Its official website is https://www.dropowermarket.com/, with the domain registered on June 2, 2023. The company has been established for less than two months. The office is located at 20326 GRAHAM LOS ANGELES, California, United States, but more details about the company leadership and registration information remain unclear and undisclosed.
Regulatory Status:
dropowermarket claims to be regulated by the U.S. Commodity Futures Trading Commission (CFTC), the International Financial Services Commission of Belize (IFSC), and the Cyprus Securities and Exchange Commission (CySEC). However, despite these claims, there is no information regarding this broker in the registration and regulation records of these financial regulators. This might indicate issues with the company’s regulatory status and the possibility of misleading promotional practices. Investors should exercise caution and thoroughly investigate and verify the claimed regulatory status before considering this platform for trading.
Trading Products:
dropowermarket, based in the United States, offers a variety of trading products to meet the investment needs of global clients. The primary trading products include binary options, forex, and CFDs. Binary options trading allows investors to earn profits by predicting the rise and fall of asset prices, while forex trading covers a wide range of currency pairs, providing abundant trading opportunities. CFD trading lets investors trade based on price differences without owning the actual assets, covering stocks, commodities, and indices.
Additionally, dropowermarket focuses on blockchain technology investment and offers various cryptocurrency trading services. The main cryptocurrencies traded include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum Classic (ETC), and Ripple (XRP). The company aims to promote the adoption and innovation of blockchain technology, combining the advantages of traditional finance and emerging blockchain technology to provide a unique trading experience for its clients.
Account Types:
dropowermarket is committed to offering diverse trading options to meet the different investment needs and experience levels of its clients. The broker provides four different types of accounts, from beginner to advanced, each equipped with professional tools and round-the-clock customer support.
- Starter Plan
When beginners start, the Starter Plan offers basic trading features and 24/7 customer support, with a minimum deposit of $300 and an average return of $2,778. Professional charting tools and real-time trading alerts help build trading skills and seize market opportunities.
- Silver Plan
For traders seeking higher returns and more trading advantages, the Silver Plan offers 24/7 customer support, advanced charting tools, and real-time trading alerts, with a minimum deposit of $700 to ensure more accurate market analysis and trading decisions. The average return is $4,289, providing more possibilities for trading.
- Gold Plan
The Gold Plan is designed for professional traders, offering more trading advantages and personalized support. 24/7 professional customer support, advanced charting tools, and real-time trading alert systems help traders stand out in the market, with a minimum deposit of $1000. The average return reaches $7,167.
- Premium Plan
The Premium Plan is the highest-level account, tailor-made for professional traders. 24/7 professional customer support, the most advanced charting tools, and real-time trading alert systems help achieve higher investment returns, with a minimum deposit of $1500. The average return is as high as $9,556.
Account Registration:
dropowermarket provides a simple account registration process to ensure users can start trading easily. The registration process involves several steps: first, users need to fill in basic information such as name, gender, email, and phone number. Then, users must set a secure password to protect their account. In the final step of the registration process, users need to choose the currency type for subsequent trading operations. After completing the registration, users can log in using their set account and password to access the dropowermarket trading platform and start using the various trading services offered.
Customer Support:
Customers can contact the platform by sending an email to support@dropowermarket.com, and the support team will respond as soon as possible to provide assistance. Additionally, clients can communicate directly with the broker’s support team via live chat, ensuring faster issue resolution and timely support and service.
Conclusion:
dropowermarket is a trading platform established in 2023 and headquartered in the United States, primarily offering trading services for binary options, forex, and cryptocurrencies. Despite its claims of regulation by the U.S. CFTC, Belize’s IFSC, and Cyprus's CySEC, no registration or regulatory records have been found in these regulatory bodies, raising doubts about its regulatory status. Investors should exercise caution and thoroughly investigate and verify the claimed regulatory status before considering trading on this platform.
Currently, dropowermarket is marked as "suspected fraud" on TraderKnows.
