Powerwealth has license, right??

https://www.powerwealth.ch/    

No, Powerwealth operates without licenses.

This platform doesn't provide any information regarding its regulatory status. While it claims to be domiciled in Switzerland, it is red-flagged by the Swiss Financial Market Supervisory Authority (FINMA) as it hasn't obtained the required license from this authority to operate as a broker (the FINMA warning can be accessed here).

Therefore, it is highly risky trading with Powerwealth. Investors' funds entrusted with this platform are not protected by rules and regulations. To mitigate risks, it is recommended choosing fully regulated brokers with solid reputations.