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TradedWell

Tradedwell Review
Positive
Neutral
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4.5

4.5/5
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Tradedwell Review

4.5

4.5/5
Positive
Neutral
Negative

TradedWell Review 2023

CySEC

Regulation

198/16

License

Customer Support

Tradedwell Review

TradedWell

4.5

4.5/5
Tradedwell Review

TradedWell

4.5

4.5/5

Overview

TradedWell offers quick and secure trading services over a good range of CFDs like forex, stocks, indices, cryptocurrencies, precious metals, and commodities. Collect regulation, leverage, spreads, and other details from TradedWell Review 2022. 

The broker’s name is the brand name of iTrade Global (CY) Ltd. It started its operations in 2020. The firm’s head office is situated in Cyprus. The broker offers high leverage for retail and professional account holders. 

For further information regarding the broker, read the full article.

Is TradedWell A Scam? Must Read

TradedWell is owned and operated by iTrade Global (CY) Ltd. The broker is regulated by the Cyprus Securities and Exchange Commission (Cyprus) under license number 298/16. The broker head office is situated at Isiodou, Andrea Laskaratou & Emanuel Roides Street 10-12, 2nd Floor, Ayia Zoni, 3031 Limassol, Cyprus. The registration number of the brokerage firm is HE 335424. 

The broker provides a fast, technically secured, and strong gateway to the foreign financial markets. The broker offers its trading services commission-free without any hidden charges. The financial service provider uses SSL and SAS 70 for data encryption and transmissions. TradedWell is an award-winning broker that offers quality educational material and research support. Thus, it is legit for traders.

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Tradedwell Review
4.5
4.5/5

Our recommendation: Trading at TradedWell

  • Receive the latest news for investment and earn
  • Hedging helps in making profits when the market plunges 
  • Trade with MetaTrader4 platform, top one
  • Pay zero as commissions
  • Base currencies: EUR, USD, GBP

Advantages and disadvantages of TradedWell

  • Speedy mobile trading
  • Education courses including articles, VODs, webinars
  • The regulated financial provider
  • Customized trading terminals
  • Advanced trading analytics
  • Free demo account
  • Multilingual support
  • dedicated account manager
  • leverage: 1:400/500
  • More than 170 cfds (cfds are complex instruments) for trading
  • MT5 Absent

Trading Account Types

Three types of accounts are available on the TradedWell broker’s platform: Silver account, Gold account, and Platinum account. All three accounts have a demo account and Islamic account features. The broker offers different leverage for retail and professional traders. Collect complete detail of all three accounts from the given below points. 

Silver Account

  • The minimum deposit is $250.
  • Hedging
  • 170+ CFDs on assets 
  • FX leverage (Retail): 1:30
  • FX leverage (Professional): 1:200
  • Dedicated Account Manager
  • Investments News
  • Available currencies: EUR, GBP & USD
  • No commission on deposit
  • Flexible spreads 
  • Access to the educational hub
  • Customer Support 24/5
  • Average execution speed: 0.08

Gold Account

  • The minimum deposit is $250.
  • Hedging
  • 170+ CFDs on assets 
  • FX leverage (Retail): 1:30
  • FX leverage (Professional): 1:200
  • Dedicated Account Manager
  • Investments News
  • Free VPS
  • Fifth decimal 
  • Swap discount 25%
  • Available currencies: EUR, GBP & USD
  • No commission on deposit
  • Flexible spreads 
  • Access to the educational hub
  • Customer Support 24/5
  • Average execution speed: 0.06

Platinum Account 

  • The minimum deposit is $250.
  • Hedging
  • 170+ CFDs on assets 
  • FX leverage (Retail): 1:30
  • FX leverage (Professional): 1:200
  • Dedicated Account Manager
  • Investments News
  • Free VPS
  • Fifth decimal 
  • Swap discount 50%
  • Available currencies: EUR, GBP & USD
  • No commission on deposit
  • Flexible spreads 
  • Access to the educational hub
  • Customer Support 24/5
  • Average execution speed: 0.05

A Demo Account

A demo trading account feature comes with all three accounts. Through this feature, traders can improve their trading skills and experience the environment of live trading. Professionals can also use this feature for testing their new strategies and skills. 

An Islamic Account 

TradedWell may also offer Islamic account features with all three accounts. Followers of sharia law can activate the Islamic account feature in their selected account. The broker does not charge any swap fee from Islamic account users.  

How To Open Account? 

Traders can open an account on TradedWell by following these simple steps for filling up the registration form. 

  • Click on the “Open account” option available on the right-hand side of the broker’s website homepage.
  • Now enter your first name, last name, email address, country code, phone number, and password. Then click on the “Create an account” button available under the form. 
  • On the next page, traders need to answer some questions related to their past trading experience. After that, the document page will open on your device.
  • Submit documents as per the instruments given by the broker. Now submit the lowest deposit required and start trading.
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Tradedwell Review
4.5
4.5/5

Our recommendation: Trading at TradedWell

  • Receive the latest news for investment and earn
  • Hedging helps in making profits when the market plunges 
  • Trade with MetaTrader4 platform, top one
  • Pay zero as commissions
  • Base currencies: EUR, USD, GBP

Trading Instruments and Markets

Here are some major trading instruments and markets available on this brokerage platform:

Cryptocurrency

Symbol Description  Leverage offered  Spread up to Trading hours
BSVUSD Crypto 1:2 Floating 00:00-23:59
BABUSD Crypto 1:2 Floating 00:00-23:59
BTCGBP Crypto 1:2 Floating 00:00-23:59
BTCEUR Crypto 1:2 Floating 00:00-23:59

Commodities

Symbol Description  Leverage offered  Spread up to Trading hours
Cocoa Cocoa (ICE-US) 125 30 11:45 – 20:30
Brent Oil Brent Crude Oil (ICE-EUR) 125 0.03 03:00 – 01:00
Corn Corn (CME) 125 0.45 03:00 – 15:45 & 16:30 – 21:25
Copper Copper (CME) 125 0.0041 01:00 – 00:15
Coffee Coffee (ICE-US) 125 0.3 11:25 – 20:30

Shares

Symbol Description Leverage offered Spread up to Trading hours
ADOBE Adobe Systems Incorporated, NYSE(USA) 50 0.21 16:30-23:00
3M 3M Company. NYSE (USA) 50 0.21 16:30-23:00
Alcoa Alcoa Inc. NYSE (USA) 50 0.21 16:30-23:00
AIG American International Group Inc. NYSE (USA) 50 0.21 16:30-23:00

Indices

Symbol Description Leverage offered Spread up to Trading hours
DOW 30 MINI-SIZE DOW Index Future (CME) 125 1.45 01:00 – 23:15 & 23:30 – 00:15
DAX 30 DAX 30 Index Future (Eurex) 125 1 09:00 – 23:00
FTSE 100 FTSE 100 Index Future (ICE-EU) 125 1 09:00 – 23:00
ASX 200 ASX SPI 200 Index Future (ASX) 125 1.3 01:50 – 08:30 & 09:10 – 23:00

Metal

Symbol Description Leverage offered Spread up to
XAUUSD Gold vs. US Dollar 60 01:00-24:00
XAGUSD Silver vs. US Dollar 60 01:00-24:00
PALLAD Palladium 75 01:00-24:00
PLAT Platinum 75 01:00-24:00

Forex

Symbol Description Leverage offered Spread up to Trading hours
GBPUSD Great Britain Pound vs. US Dollar 1.3 500 24H
EURUSD Euro vs. US Dollar 0.7 500 24H
AUDUSD Australian Dollar vs. US Dollar 1.1 500 24H
USDJPY US Dollar vs. Japanese Yen 0.8 500 24H

Commission & Spreads

Traders can enjoy commission-free trading at TradedWell. But the spreads and swap costs fluctuate based on instruments and account type.

The broker may also provide an Islamic swap-free Islamic account. Gold and platinum account holders will get a swap discount of 25% to 50%. Traders must note that swap charges change on Wednesday. Check here account-wise swap charges from the below points.

Silver Account Spreads in points

Minimum spread: 28 points 

Maximum spread: 250 points 

Gold Account Spreads in points

Minimum Spread: 20 points

Maximum Spread: 200 points

Platinum Account Spreads in points

Minimum spread: 18 points

Maximum spread: 200 points

Providers TradedWell
Swap charges Traders can avail of a maximum of 50 percent discount
Spreads Applicable (minimum 0.05)
Deposit Zero commission
Currency conversion There are charges

Maximum Leverage?

The broker offers high leverage for professional account holders. The retail account holder will get leverage of 1:30 for all accounts with TradedWell. Due to high leverage, traders will lose money. So must handle high leverage properly at the time of the trade. Check here the maximum leverage for all instruments. 

  • Forex: 1:200
  • Silver & Gold (Metals): 1:125
  • Indices: 1:125
  • Commodities: 1:125
  • Stocks / Equities: 1:50

Deposit and Withdrawal Methods?

TradedWell broker does not charge any additional fees for deposition and withdrawal. Traders can withdraw and deposit through various methods through Debit Card/Credit Card, bank wire transfers, and e-wallets such as Skrill, Neteller, Trustly, iDeal, and others.

The deposition will be processed instantly in most payment methods. Some bank wire transfers may take time, depending on the trader’s bank. 

Withdrawal will be processed only within business days. Traders must note that withdrawal requests filled at or before 07:00 GMT will be processed the same day, but if the request is filed after this time, the request will be processed the following business day. Read this article carefully for detailed information about the trading platforms offered by the brokerage firm.

Trading Platform

TradedWell offers mainly two trading platforms and a mobile app for the convenience of the traders. The two major trading platforms are Web Trader and MetaTrader 4 (MT4). You can get familiar with both these platforms using the free demo account provided by the brokerage firm.

MetaTrader4

MetaTrader 4 is one of the best trading platforms which provides customized trading, transparent, functional, and fast access to different markets. It supports both Mac and PC. It consists of four execution modes: Instant, Request, Market, & Exchange for performing quick orders. It also keeps track records of your previous trading activities. Check here the key features of the MT4 trading platform.

  • Multiple chart windows 
  • In-platform price alerts
  • One-click account switching
  • Real-time balance level
  • Dedicated customer assistance
  • Automatic Stop Loss/Take Profit facility

WebTrader

WebTrader trading platform provides one-click access to the international finance market. Traders do not need to download any other software for using the WebTrader platform on various browsers. In addition, it provides a consistent connection for quick order placement and data transmission. WebTrader also offers a wide range of analytical instruments and market news alerts. Check here the key features of the WebTrader trading platform. 

  • Full history of trades
  • Real-time balance level
  • Multilingual support
  • One-click account switching
  • Automatic Stop Loss/Take Profit functions
  • Inherent platform support
  • Live chat

Company Details

Assets

  • Forex
  • Shares
  • Indices
  • Commodities
  • Cryptocurrencies
  • Metals

Basic

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

Customer Service

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Tradedwell Review
4.5
4.5/5

Our recommendation: Trading at TradedWell

  • Receive the latest news for investment and earn
  • Hedging helps in making profits when the market plunges 
  • Trade with MetaTrader4 platform, top one
  • Pay zero as commissions
  • Base currencies: EUR, USD, GBP

Mobile Application 

TradedWell has its mobile application, which provides you with a cutting-edge trading experience that helps you track market trends. Through this application, traders can access the market at any time from anywhere. In addition, on this mobile application, traders can control Stop loss and take profit levels. Check here the key features of the mobile trading platform.

  • Customize your trading habits
  • Set up Stop Loss/Take Profit functions
  • Check your balance level in real-time
  • Trade CFDs on 170+ various assets
  • Use 60+ professional analytical tools
  • Refer questions to multilingual support

Educational and Research Support

TradedWell is an award-winning platform that consists of knowledgeable educational and research material. Educational materials consist of VODs, trading articles, tutorials, various courses, E-books.

 Beginners can improve their trading skills and strategies through these given courses and articles. Professional traders can also grab knowledge about new market trends and movements. 

The research resources section of the brokerage firm consists of impressive tools such as Daily News Section, Report Season Calendar, and Economic calendar. The daily news section consists of trendy news about different assets and market reviews of Europe, Asia, and the US.

Customer Support

Traders can take help from the TradedWell Customer management team if they face any trading problems. The help desk is available Monday to Friday from 07:00 to 18:00 GMT.

Clients can also contact them through the “Contact form” available on the broker’s website. Technical support works efficiently for traders. Customers can also contact the support executives through email, phone calls, and live chat. Check here the contact details of the customer support team.

  • Address: Isiodou, Andrea Laskaratou & Emanuel Roides Street 10-12, 2nd Floor, Ayia Zoni, 3031 Limassol, Cyprus. 
  • Email: [email protected]
  • Phone calls: +448000318499
  • Live chat support

Final Verdict

The Broker Traded Well is one of the best brokers that a novice, as well as a veteran, can trade with. The account types are all designed very carefully and are executed in a proper manner. The parent firm of the Broker (iTrade Global) is wholly regulated. The broker offers segregation in all of its account types, and also, all the accounts come with a dedicated accounts manager.

Disclaimer

At FxReviews, our primary objective is to furnish you with impartial and objective assessments, commentary, and in-depth analysis. Our unwavering commitment to precision is maintained through meticulous data validation coupled with insights from industry authorities. It is essential to acknowledge that, albeit infrequent, minor fluctuations may occur. Please be assured that our dedication to delivering unbiased appraisals, exhaustive scrutiny, and well-informed viewpoints remains unwavering. 

We feel compelled to counsel you on the matter of investing in financial instruments, commodities, and other assets, which carry a significant degree of risk. There exists the potential for a complete depletion of your deposited funds. We recommend engaging in such undertakings exclusively if you possess an exhaustive comprehension of the associated hazards. It should be noted that FxReviews refrains from dispensing investment advice or any semblance of financial guidance.

Your financial security is of paramount significance to us, and we strongly advocate the exercise of due diligence and the pursuit of professional guidance when arriving at investment determinations.

Throttll

FAQs

As already mentioned above in the review of TradedWell, the broker offers MetaTrader 4 for mobile and web trading.

Yes, one can trade CFDs with this broker. It offers trading instruments like stocks, CFDs, indices, cryptocurrencies, ETFs, commodities, metals, and more.

Yes, the financial service provider is regulated with a top-tier regulatory authority, CySEC.

Most investors lose money when trading on cfds because they use high leverage. Leverage is a double-ended sword it surges losses along with profits.

Traders can open accounts on the TradedWell broker through the “open account” link given on the right side of the broker website homepage.

TradedWell offers 170+ tradable assets such as forex, commodities, indices, stocks, and precious metals in the form of CFDs. 

Traders have to submit withdrawal requests to the broker’s website through their accounts. The withdrawal request gets processed within 2 to 3 business days. 

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