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Tradedwell Review 2024

TradedWell
4.7
Excellent90%
Very good0%
Average0%
Poor10%
Terrible0%
rb-badge
TradedWell
4.7
Excellent90%
Very good0%
Average0%
Poor10%
Terrible0%

Tradedwell Review 2024

71% of retail investor accounts lose money, …

TradedWell

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5

5/5

27 Rating

TradedWell

Tradedwell

4.7

10
Rating

Overview

Tradedwell is a legitimate broker which offers 170+ underlying assets for trading. It is a new-generation forex and CFD broker founded in 2020. The Broker is registered by Cyprus Securities and Exchange Commission (CySEC) with license number 298/16.

Trading instruments consist of 170+ forex & CFDs assets such as Commodities, Indices, Shares, and Cryptocurrency. In addition, the Broker offers a web-based platform and MetaTrader 4 Platform. Traders will get their choice between a free demo trading account and a live account.

Additionally, TradedWell also offers an Islamic account for shariah followers. The broker provides good leverage for both retail and professional account holders. 

To get more detailed information about the broker, read this in-depth TradedWell Review till the end.

Is TradedWell Scam? Regulations

TradedWall is a legit brokerage firm regulated by Cyprus Securities and Exchange Commission (CySEC). The firm is owned and operated by iTrade Global CY Ltd.

The company headquarters is in Isiodou, Andrea Laskaratou & Emanuel Roides Street 10-12, 2nd Floor, Ayia Zoni, 3031 Limassol, Cyprus.

The broker uses ultra-modern technologies, engines, and software. The company provided Secure Socket Layer (SSL), SAS 70 Data Services, & Firewalls, and Data Encryption for protecting clients’ funds.

Thus, having been regulated by a top-tier financial regulator, it is clear that TradedWell is a legit broker.

Our recommendation: Trading at Tradedwell Review 2024

  • Leverage offered to professional traders touches 1:200 (maximum)
  • You can deposit money through the wire transfer, Skrill, debit card etc.
  • Mobile trading is compatible with Android and iOS
  • Users get a demo account for practicing
  • You get a swap discount of 50 per cent (maximum)

 

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Advantages and disadvantages of Tradedwell Review 2024

  • 170+financial Instruments
  • Quality Research & Educational Material
  • MetaTrader 4 Platform
  • No Commission
  • MetaTrader5 Absent

Trading Account Types Offered: 

The Broker offers a demo account and a live account option to the traders. A Live account option consists of Silver, Gold, & Platinum options. All these categories contain different features as per traders’ requirements.

Check the complete detail about all three live accounts.

Silver Account:

  • Hedging
  • FX Leverage (Retail): 1:30
  • FX Leverage (Professional): 1:200
  • Dedicated Account Manager
  • Investment News
  • Available Currencies: EUR/USD/GBP

Gold Account:

  • Hedging
  • FX Leverage (Retail): 1:30
  • FX Leverage (Professional): 1:200
  • Dedicated Account Manager
  • Investment News
  • Free VPS
  • Fifth Decimal
  • Swap Discount: 25%
  • Available Currencies: EUR/USD/GBP

Platinum Account:

  • Hedging
  • FX Leverage (Retail): 1:30
  • FX Leverage (Professional): 1:200
  • Dedicated Account Manager
  • Investment News
  • Free VPS
  • Fifth Decimal
  • Swap Discount: 50%
  • Available Currencies: EUR/USD/GBP

Professional Account:

The Broker also offers professional account options for pro traders. It offers access to its products and services, including higher leverage for CFD instruments on all assets and enhanced trading flexibility.

Professional dealers will get fast and consistent execution of orders( 100GBs bandwidth). The Broker offers a personal service manager facility to the pro traders only.

The professional accounts are available only for traders who fulfill two requirements: Trading Volume and Investment Size. In addition, pro Traders must have a financial instruments portfolio of more than 50,000 EUR. The traders must have a least one year of work experience in the finance sector to qualify for professional accounts.

Demo Account:

A Demo account is the best choice for beginner traders to sharpen their trading skills and understand the trading system.

Due to similar features and platforms, traders can experience the same trading environment as live trading on demo accounts. It helps traders understand the trading strategies to protect themselves from losing money when trading. 

How to Open An Account on TradedWell?

The account opening process on this trading platform is quite convenient and hassle-free. Dealers have to make their choice from the three trading account options.

  • Firstly, visit the official website and click on the “Open Account” Option, the new page will open, consisting of an account opening form.
  • In that form, traders need to enter their personal information: First name, Last Name, Phone number, Country code, Residence address, E-mail Address, and password. Now click on the “create an account” option given below on the form.
  • Now, you will be asked some trading-related questions you need to answer. After this, they will ask you to submit your identity proof documents.
  • Finally, make a minimum deposit through different payment systems available on the Broker’s website. Now you can start online trading after you sign in to your account.

Our recommendation: Trading at Tradedwell Review 2024

  • Leverage offered to professional traders touches 1:200 (maximum)
  • You can deposit money through the wire transfer, Skrill, debit card etc.
  • Mobile trading is compatible with Android and iOS
  • Users get a demo account for practicing
  • You get a swap discount of 50 per cent (maximum)

 

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Available Trading Instruments:

TradedWell is the best path for entering the financial market. The broker offers online trading on various financial instruments, including stocks, forex, cryptocurrencies, indices, precious metals, and commodities.

However, CFDs are complex instruments that consist of high risk of losing money. Here’s a list of all major tradable instruments available on the platform. 

  • Cryptocurrencies
  • Commodities
  • Stocks
  • Indices
  • Metals
  • Forex trading

Risk Warning: CFDs are complex instruments and come with a high threat of losing money rapidly due to influence. the utmost new retail investor accounts lose money when trading CFDs.

Commission & Spreads:

TradedWell doesn’t charge any commission from the dealers. Rather, the broker earns profits via spreads and barters. Beginner traders, who do not know what exchange charge is? Must know that exchange charges are the penalty amount that trading brokers apply on inactivity and overnight trading.Gold & Platinum account consists of a swap discount of 25% & 50%.

The spreads for popular products such as EUR/USD average:

  • Silver from 2.8 pips
  • Gold from 2.0 pips
  • Platinum from 1.8 pips

Leverage:

The broker offers different leverages for a retail and professional accounts. For instance, the retail accounts get leverage of 1:30 in all three accounts.

In contrast, Professional account holders will get minimum leverage of 1:200 in a Silver account, 1:400 leverage in a Gold Account, & 1:500 leverage in a Platinum account.

Deposit and Withdrawal:

The broker does not charge any deposit and withdrawal fee through Debit/Credit Card, wire transfer, & e-wallets. The deposition will take place in less than a minute via all modes, but sometimes bank transfers may take time. It depends upon a client’s bank. The minimum deposit is $250 for opening an account.

Withdrawal will be processed in 3 business days and the request for withdrawals will be accepted before 07:00 GMT and processed on the same day, whereas requests after this time will be processed next business days.

This financial service provider charges an additional fee for investors who want to withdraw less than 100 EUR. Therefore, traders need to inform the broker in advance for withdrawal.

In some cases, a broker will ask for a withdrawal fee which includes a 50 EUR charge if any insignificant are present. Traders need to submit a withdrawal request for an inactivity account. Deposit and withdrawal will take place only when the traders log into their accounts.

Providers Tradedwell
Swap charges Traders can avail of a maximum of 50 percent discount
Spreads Applicable (minimum 0.05)
Deposit Not required to pay any commission
Currency conversion There are charges

Trading Platform:

The Broker offers trading services through three platforms: MetaTrader 4, WebTrader & Mobile-App. MetaTrader4 is one of the famous trading platforms preferred by most online traders. MT4 trading platform is popular for its inbuilt features such as current news/events updates, and chart analysis.

It may work on both desktops And MAC. The MT4 platform is in demand because of its fully functional, transparent, and quick control of financial market features. Collect detailed information about the trading platform from the given below points.

MetaTrader4:

  • Multiple Chart windows to compare various assets
  • Real-Time Balance Level
  • In-Platform price alert
  • One-Click account switching
  • Fast Access to Financial Markets
  • High order execution speed
  • Dedicated Customer Support
  • Automatic Stop Loss/take profit functions
  • Live Chat

WebTrader:

  • A complete history of Trade
  • On-Time balance Level
  • Automatic Stop Loss/Take profit functions
  • Multi-lingual support
  • 1 Click account switching
  • Inherent platform support
  • Live Chat

Company Details

Assets

  • Forex
  • Stocks
  • Indices
  • Commodities
  • Cryptocurrencies
  • Metals

Basics

  • Country: Cyprus
  • License: 198/16
  • Regulation: CySEC

Customer Service

Our recommendation: Trading at Tradedwell Review 2024

  • Leverage offered to professional traders touches 1:200 (maximum)
  • You can deposit money through the wire transfer, Skrill, debit card etc.
  • Mobile trading is compatible with Android and iOS
  • Users get a demo account for practicing
  • You get a swap discount of 50 per cent (maximum)

 

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Recommended Broker

Mobile App:

Apart from powerful web-based trading platforms, this great broker also offers a mobile trading facility to its users via advanced and intuitive mobile apps.

Top Features: 

  • Customizable trading habits
  • On-Time balance level check
  • Set up Loss/Take Profit Functions
  • User-friendly and Intuitive Interface
  • Fast Access to Financial Markets
  • Refer questions to multilingual support
  • Trade CFDs on 170+ various assets
  • Use 60+ Professional analytical tools

Educational and Research Support:

TradedWell provides a good range of quality educational resources for professional and beginner traders for developing their trading skills, and knowledge.

In fact, trading Videos, E-Books, Articles, Tutorials, and courses are available on the broker’s website. Collect complete details regarding educational material from the given below points.

  • Trading Videos: It may consist of a large number of topics such as trading risks, technical analysis, and strategies to help start trading.
  • E-Books: Extensive coverage of trading basics, analysis, trading psychology, and many more.
  • Tutorials: Articles about MetaTrader 4 Desktop and Mobile application.
  • Courses: Various course consist of trading Strategies, CFDs, Stocks, trading tools, and many more.

The research tool consists of Economic Calendar, and Report Season Calendar. Through the Daily News feature, traders can enhance their strategies and can easily review the market for making the right decisions.

Customer Support:

The broker offers customer support in multiple languages, including English, Spanish, German, Swedish, Italian, etc. Customers can connect to the support team through email, call, and live chat. The inquiry form is also available on the website of broker for queries.

In fact, the live chat process will take only 30 seconds to answer any question quickly. Additionally, technical support works efficiently and perfectly. 

TradedWell offers its support team service from Monday to Friday from 07:00 to 16:00 GMT. Withdrawal requests can also be submitted through the given contact details. Contact Details are provided below:

  • Phone Number:  +44 8000318499
  • Email: [email protected]
  • Live Chat
  • Head Office: Isiodou, Andrea Laskaratou & Emanouel Roides Street 10-12, 2. Floor, Ayia Zoni, 3031 Limassol, Cyprus

Conclusion: 

After going through the detailed TradedWell review, we found this broker to be legit and the best for every sort of trader. The broker’s customer services, product offering, and trading platforms are what make it a market maker.

Overall, this good and reliable broker is safe for trading. So, start your extremely pleasant trading journey with TradedWell today.

Risk Warning: CFDs are complex instruments and come with a high threat of losing plutocrat fleetly due to influence. Most new retail investor accounts lose money when trading CFDs.

Stay updated with market volatility and current conditions. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Disclaimer

At Trending Brokers, our aim is to provide you with diverse perspectives, unbiased assessments, and in-depth scrutiny. We maintain our commitment to precision through stringent data validation and consultations with industry mavens. It’s important to acknowledge that, though infrequent, minor fluctuations may occasionally manifest. Rest assured, our resolve to deliver impartial evaluations, thorough analysis, and well-informed viewpoints remains steadfast.

We feel compelled to offer some guidance on the subject of investing in financial instruments, commodities, and assorted assets, which inherently entail a significant degree of risk. There exists the potential for a complete loss of your invested capital. We strongly advise engaging in such ventures only if you possess a comprehensive understanding of the associated hazards. Please bear in mind that Trending Brokers refrains from providing investment advice or any semblance of financial counsel.

Your financial security is of paramount importance to us, and we emphatically advocate for the exercise of due diligence and the pursuit of professional guidance when making investment decisions.

Yes, TradedWell is a good and reliable broker that provides online trading services on various CFDs and forex. The broker is run by iTrade Global CY Ltd and regulated & authorized by Cyprus Securities and Exchange Commission.

The broker was founded in 2020 and operates under iTrade Global CY Ltd. Read this detailed TradedWell review for more information. 

Ans. The “Login” and “open account” options are available on the right-hand side of the official website of TradeWell. Traders need to enter their password and ID at the time of login. New traders can open accounts through the button available on the right-hand side of the website.

 The broker offers three types of live accounts: Silver, Gold, & Platinum for Retail and professional traders. For complete details, read TradeWell Review from this article.

The minimum deposit is $250

Experiences
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