1. General Information About the Broker
TradePower broker (tradepower.pro) launched its domain in December 2024. They market forex, crypto, CFDs globally. However, domain age contradicts any long-term experience claim. Such mismatch often signals suspicious intent.
2. Claimed Licenses and Regulation
TradePower broker (tradepower.pro) claims UK regulation presence. But it is not registered with the FCA. In June 2025, Italian CONSOB ordered its website blackout. No genuine license exists under real regulators. Thus, it operates without legal oversight or investor protection.
3. Trading Conditions
The website lists assets but hides costs. They promise automated, high-profit trading outcomes. No spread, fee, or leverage details are provided. This lack of transparency is a classic scam tactic.
4. Trading Platform and Technology
TradePower broker claims algorithmic trading tools. Yet no platform demo or download exists publicly. This prevents any user from verifying software reliability. Opaque tech infrastructure adds to the red flags.
5. Client Reviews and Feedback
Medium warns about losses and withdrawal issues with TradePower. Multiple Instagram warnings call it a “scam platform.” BrokersView highlights lack of regulation and calls it scam. Scam‑Detector gave it a low trust score (7.8/100). No successful withdrawal stories appear online.
6. Potential Scam Strategies
TradePower broker likely uses fake licensure to gain trust. It probably promises easy profits to lure deposits. Once funds are in, withdrawals are delayed or blocked. Without regulation, victims have no recovery options.
7. Expert Opinion
Experts categorize TradePower broker as high risk and likely scam. CONSOB’s blackout suggests clear legal violations in Europe. Unregulated status and hidden trading terms worsen concerns. The overall profile matches known scam broker patterns.
8. Conclusion
All evidence shows TradePower broker is highly suspicious. It is new, unregulated, and lacks operational transparency. Client feedback largely warns of financial harm. We strongly advise avoiding TradePower broker. Instead, choose brokers regulated by FCA, ASIC, or CySEC.
