Meet our new Powered Consultancy Group analysis, featuring a Forex/CFD broker that promises traders the opportunity to unlock their potential in the global financial market. As expected, they claim to provide strong support, high-quality educational materials, a modern trading terminal, and secure transactions. It all sounds great — except for one major issue. This project was created by scammers, and its only goal is to collect as much money as possible before funneling it into the pockets of fraudsters. Let’s break down why this so-called company cannot be trusted.
Key Features
- Company Name: Powered Consultancy Group
- Website: https://poweredconsultancygroup.com/
- Available Contacts: [email protected]; +442080686058 (UK), +61863757207 (AU)
- Foundation: 2025
- Services: Forex/CFD trading
- License: No
- Initial Deposit: Unspecified
From Sign-Up to Payout
Lately, the design of official broker websites has become almost irrelevant to discuss. Like most similar platforms, Powered Consultancy Group uses a well-optimized, high-quality template. However, just like many scam brokers before them, they seem to have forgotten that a sleek appearance is not enough. Traders also expect informative content, but in this regard, the company fails miserably.
See for yourself:
- No trading account details. There is a section dedicated to account types, and links to different account options exist. However, clicking on them only leads to a registration form. Even after creating an account, there are no descriptions of the accounts or the option to select one. A truly “original” approach.
- Market Overview page is useless. Instead of providing insights into markets and trading instruments, this section merely tells visitors how “excited” they should be about discovering new opportunities with Powered Consultancy Group. There isn’t a single byte of useful information. Even the materials the broker awkwardly attempts to promote are missing actual links.
- Dubious legal documents. The site features a Privacy Policy stating that users must provide accurate personal information, yet it offers no guarantees regarding data protection. There’s also a Cybersecurity Policy, oddly labeled as a KYC Disclaimer. However, essential documents such as Terms & Conditions or any form of user agreement are completely absent. Even the registration form contains a non-functional link to the supposed terms.
Things don’t get any better in the client area. For example, you can’t even deposit funds manually — the Cashier section lacks input fields for entering amounts or selecting a payment method. Meanwhile, the tab for submitting withdrawal requests doesn’t open at all.
Simply put, even at the initial stage of exploring the official website and client dashboard, Powered Consultancy Group shows a concerning number of issues. These problems stem from the broker’s approach to disclosing critical information — an approach characteristic of scams. Based on these red flags, we have strong reasons to suspect that this platform was also created by fraudsters.
Our Trading Experience With Powered Consultancy Group
The broker has not provided a single specific detail about its trading platform. The only thing mentioned on the website is that the “modern terminal” offers tools for advanced market analysis. Clients are left to discover the software’s features, strengths, and weaknesses entirely on their own. However, we will try to shed some light on what to expect.
The platform is built around a TradingView charting widget. This allows the developers to offer a wide range of technical indicators and graphical tools for market analysis. Users also have no trouble selecting their preferred timeframes or choosing how market prices are displayed.
However, the software has several significant flaws:
- Market instruments are not sorted into categories. Finding the necessary asset takes a considerable amount of time. Adding symbols to Favorites and using the search function only partially solve the problem.
- No multi-chart mode. This creates additional difficulties for traders managing asset portfolios.
- No one-click trading. On fast-moving markets, this lack of functionality can lead to unnecessary financial losses.
- Despite using TradingView’s base framework, users cannot add custom scripts (indicators or trading bots). This means traders relying on custom strategies may need to reconsider their approach.
Visually, the terminal looks decent, but it cannot compete with top-tier trading platforms like MetaTrader or cTrader. The only reason the broker may have chosen this solution is that it allows them to operate without official company registration.
We’ve already mentioned that Powered Consultancy Group does not disclose its trading conditions. However, it turns out, they are not available anywhere — not on the official website, nor within the trading platform itself. The only information found in the instrument description includes:
- Minimum spread.
- Maximum leverage.
- Minimum and maximum trade size.
There is no indication of which account types these figures apply to. It is also unclear which of the three supposed tariff plans is assigned by default when an account is created.
The Reality Check
Powered Consultancy Group provides no verifiable details about the company itself. There is no information on its place and date of registration, licensing, or financial performance. The only available details are a Swiss office address and two phone numbers — one with an Australian area code and another with a UK code. Such a random mix of contact details does not inspire confidence.
However, we took the extra step of verifying the company’s existence through official business registries. A search in the Swiss commercial registry yielded no results.
Checks in the Australian financial regulator’s database and the UK’s Companies House were also unsuccessful. Even a lookup in OpenCorporates, which stores records for over 222 million companies, showed no firm by the name Powered Consultancy Group. This confirms that the broker is operating without official registration and provides its services exclusively through its website.
A company that is not officially registered cannot obtain a license — not even an offshore one. It also lacks access to essential financial services like corporate bank accounts, liquidity provider agreements, or pricing feeds. This means its operations are illegal, and it cannot facilitate actual trading. What traders see in the terminal is merely a simulation, while their funds are most likely being funneled into the scammers’ pockets.
Important! During the registration process, we discovered that the firm does not accept clients from the USA or other jurisdictions where brokers are strictly regulated. This is unsurprising, as scammers prefer to avoid legal scrutiny.
How Long Has Powered Consultancy Group Been in the Game?
As we previously mentioned, the founding date of this company remains unknown. The only way to estimate how long the broker has been operating online is by checking its domain registration date using a WHOIS lookup.
According to WHOIS records, the official domain poweredconsultancygroup.com, which hosts the pseudo-company’s website, was registered on January 15, 2025. This means the scam platform has existed for no more than 1.5 months.
Perhaps this explains the numerous flaws and unfinished features on the Powered Consultancy Group website. However, we strongly believe that no one will bother fixing them. Scammers have no reason to waste time, money, or other resources on a project that is unlikely to last more than six months.
Extra Fraud Indicators
Since Powered Consultancy Group has only been active for 1.5 months, it’s unrealistic to expect a large number of reviews online. Nevertheless, we managed to find some publications about the company.
The authors of these reviews hold contradictory opinions. Some social media posts and even articles on certain news portals speak positively about the broker. However, upon closer examination, it’s clear that these materials were written by hired copywriters fulfilling an order from the project’s owners. The lack of fact-checking and outright false information in some texts make this evident.
On the other hand, industry experts hold a different view. They easily recognize the platform’s flaws, the broker’s lack of registration and licensing, and the issues with its trading terminal. As a result, the company has received extremely low ratings, along with the clear “scam” label.
Is Powered Consultancy Group the Right Fit?
After reading this Powered Consultancy Group analysis, there should be no doubts left — this broker was created by scammers to steal users’ money. The evidence is overwhelming: hidden trading conditions, no official legal entity or license, inability to deposit funds independently, no option to submit a withdrawal request. Protecting yourself from this scam is easy — do not open an account here, and definitely do not deposit any money.
Even if you’re an expert trader, there’s no point in using Powered Consultancy Group. Due to the fraudulent nature of this platform, it is not designed for traders at all! Its trading conditions are hidden and making a profit is practically impossible. You could risk large sums of money to earn something, but these scammers will make sure you lose everything. It’s easy for them: they may advise you to open losing trades (possibly multiple) and drain your deposit to zero. If you start making successful trades, expect the quotes to always move against you. And when you try to withdraw your remaining balance, your account will simply be blocked.