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I can't log in to the PowerRich website right now. Is it impossible to check the information?
Pomme Reysbosch
巴拿马
2026-07-24
ANSWER Dear Investor, We do not recommend having any dealings with the PowerRich platform. During our investigation, we found that PowerRich has not provided any verifiable regulatory or licensing information, merely claiming to be incorporated in the Marshall Islands. Upon searching the Marshall Islands Registry (IRI), we discovered that this registration has been annulled, which suggests that the company may already be experiencing operational issues. Furthermore, this broker has not obtained any authorization or valid licenses, posing a high risk of illegal operations. Therefore, we strongly advise you to avoid engaging in any transactions with this platform or sharing any personal information with them to protect your financial security.
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Do they offer negative balance protection?
Maxx
希腊
2022-12-02
ANSWER PowerRich is the trade name of PowerRich Market Limited, an unlicensed broker who claims to be an authorized forex broker under regulation of Marshall Islands Banking Commission (IRI). Regarding to IRI, we'd like to remind traders that IRI does not issue forex licenses or regulate forex activites. For more details of this broker, you can check our full PowerRich review.We keep on reminding traders to be wary of offshore brokers in IRI as they don't provide any funds protection as well as withdrawals guagrantee. That means investors' funds in the broker is unsafe and cannot be protected by any laws. We would recommend traders stay away from unregulated brokers like PowerRich and trade with licensed brokers. If you are looking for brokers to trade with, we would recommend brokers regulated by top-tier regulators like UK FCA, CySEC, ASIC, etc.
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