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TradedWell Review 2022

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FX/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82.78% of retail investor accounts lose money when trading CFDs with this Provider. You should consider whether you understand how FX/CFDs work and whether you can afford to take the high risk of losing your money.

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“TradedWell is a CySEC regulated broker offering clients to trade on more than 170+ financial instruments covering Forex, CFDs for Commodities, Indices, Shares and Cryptocurrency on the MetaTrader 4 trading platform and the broker’s own web-based trading platform.”

TradedWell was founded in 2020 and is the brand name of iTrade Global, a company authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC).

The broker offers clients access to trade on more than 170+ financial instruments covering Forex, CFDs for Commodities, Indices, Shares and Cryptocurrency all through the globally recognised MetaTrader 4 platform and the broker’s own web-based platform.

Clients can choose between three main account types called Silver, Gold and Platinum as well as Demo and Islamic trading accounts. The main difference between each account is the additional features such as access to a virtual private server (VPS) and discounts on overnight swap charges.

The broker offers daily research in the form of news and market-related articles but also a variety of educational resources including trading videos, tutorials, eBooks and courses. The material is of high quality and suitable for both beginner and advanced traders.

Deposits and withdrawals are generally fee-free. However, it should be noted in some cases a withdrawal fee will be charged. There are also inactivity fees that accrue after 60 days of trading inactivity. Customer support is offered in multiple languages via phone, email and live chat between 08.00 to 18.00 (GMT), 5 days a week.

Pros: Cons:
  • 170+ markets to trade on.
  • Great research and education material.
  • MetaTrader 4 platform
  • Commission-free trading
  • No 24/5 customer support

 

About the Author

Jitan Solanki
Author
Jitan is a currency trader and an accredited Market Technician with more than 15 years of experience working with fund managers and on several proprietary trading floors. He is regularly quoted in the financial media for his currency market insights and forecasts and is based in London.
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TradedWell Main Features
☑️
Regulations
CySEC (Cyprus)
️🗺
Supported Languages
English, Spanish, German, French, Portuguese, Italian, Dutch, Swedish
💰
Products
Crypto, Currencies, Commodities, CFDs, Indices, Stocks
️💵
Min Deposit
$250
💹
Max Leverage
1:500 (CySEC)
🖥
Trading Desk Type
STP
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FX/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82.78% of retail investor accounts lose money when trading CFDs with this Provider. You should consider whether you understand how FX/CFDs work and whether you can afford to take the high risk of losing your money.

TradedWell Full Review

TradedWell Video Review

Investor Protection & Regulations

“TradedWell is the brand name of iTrade Global (CY) Ltd, a company authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC).”

TradedWell is the brand name of iTrade Global (CY) Ltd, a company authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC), as confirmed on the regulators register below:

TradedWell provides further security of client funds by following the below regulatory requirements:

  • Holding client funds in segregated accounts from company funds.
  • Providing a negative balance protection policy.
  • Membership to the Investor Compensation Fund.

Tradable Products

“TradedWell offers clients the ability to trade on more than 170+ markets covering Forex, CFDs for Commodities, Indices, Shares and Cryptocurrency.”

TradedWell offers clients the ability to trade on more than 170+ markets covering Forex, CFDs for Commodities, Indices, Shares and Cryptocurrency. Below is a list of just some of the available markets for trading:

Currencies Commodities Indices
EURUSD Brent Crude S&P 500
GBPUSD Natural Gas Nasdaq
AUDJPY Silver FTSE 100
NZDUSD Gold Dow Jones
EURCAD Stocks Crypto
GBPNZD Amazon Bitcoin
USDCAD Tesla Litecoin
USDJPY Microsoft Ethereum
AUDUSD eBay Dashcoin

* Details regarding the available assets are taken from the TradedWell website and trading platform and are correct at the time of this review. You can find a more detailed list here.

Trading costs such as spreads and overnight funding (swap) rates vary depending on the account type opened and instrument being traded and are covered further down this review.

Account Opening

“TradedWell offers clients three main account types called Silver, Gold and Platinum as well as Demo and Islamic trading accounts.”

TradedWell offers clients three main account types called Silver, Gold and Platinum as well as Demo and Islamic trading accounts. Each account comes with different features and benefits, as highlighted below:

Silver Gold Platinum

Average Spread

(EUR/USD)

2.8 pips 2.0 pips 1.8 pips
Leverage

Retail: Up to 1:30

Professional: Up to 1:500

Retail: Up to 1:30

Professional: Up to 1:500

Retail: Up to 1:30

Professional: Up to 1:500

Base Currency EUR/USD/GBP EUR/USD/GBP EUR/USD/GBP
Additional Features
  • Dedicated Account Manager
  • Investment News
Silver Features plus:

  • Free VPS
  • Fifth Decimal
  • Swap discount 25%
Silver and Gold Features plus:

  • 50% Swap discount

The minimum deposit required to open an account is $250.

Users can open a new account in just a few steps. After clicking the ‘Open Account’ button on the broker’s homepage, users are asked to register with their name, email, phone number and password. Following this, users will be prompted to provide further personal details such as residence address, and date of birth, and fill in a suitability questionnaire.

The final steps include identity verification by submitting proof of identity (passport or driving licence) and proof of residence (utility bill or bank statement – not more than 6 months old) and depositing funds.

TradedWell does not accept clients from the USA.

Deposit & Withdrawals Options

“TradedWell offers a variety of fee-free deposit and withdrawal methods via debit/credit card, bank transfer and e-wallets such as Neteller, Skrill, Trustly, iDeal and more.

TradedWell offers a variety of fee-free deposit and withdrawal methods via debit/credit card, bank transfer and e-wallets such as Neteller, Skrill, Trustly, iDeal and more. Deposits are instant for the majority of payment methods but can vary with bank transfers depending on the client’s bank.

Withdrawals are processed only on business days. Requests submitted before 07:00 GMT will be processed the same day whereas any requests after this time will be processed the following business day. Further, in case the client wishes to withdraw less than €100, additional fees may apply and you will be informed in advance accordingly.

It should be noted that the broker does charge withdrawal fees in some cases, including a 50 EUR charge if there is insignificant (only one single position placed on the trading account) or no trading activity in the client’s trading account prior to the submission of the withdrawal request.

Funds can be deposited and withdrawn once logged into the client portal area and clicking on ‘Payments’ followed by ‘Deposits’ or ‘Withdrawal’.

Web & Desktop Trading Platforms

“TradedWell offers users the ability to trade on the globally recognised MetaTrader 4 platform and its own web-based trading platform.”

TradedWell offers users the ability to trade on the globally recognised MetaTrader 4 platform and its own web-based trading platform. The features of each platform are highlighted below:

TradedWell Web Platform

The TradedWell Web trading platform is available across most browsers and offers features such as:

  • 9 timeframes
  • Trade multiple asset classes
  • Great range of technical tools and indicators
  • Can use on PC or Mac

TradedWell MetaTrader 4

  • Fully customisable
  • Advanced charting
  • Automated Trading
  • Over 50 built-in indicators

A screenshot of the TradedWell MetaTrader 4 platform is shown below and is covered in more detail in the video review.

Mobile Trading Platforms

“TradedWell offers users the ability to access mobile trading on the go from the TradedWell mobile trading app for Android and iOS systems.”

TradedWell offers users the ability to access mobile trading on the go from the TradedWell mobile trading app for both Android and iOS systems. The app download links can be found in the Google PlayStore or Apple AppStore.

The TradedWell mobile trading app provides a range of different features including:

  • Trade and manage your account on the go
  • Access real-time pricing and trading
  • Access market news and events
  • 60+ analytical tools

The TradedWell mobile trading app is covered in more detail in the video review.

Trading Features

“TradedWell provides all clients with a dedicated account manager and Gold and Platinum account clients can also access a Virtual Private Server (VPS) for low latency trading.”

All clients have a dedicated account manager and Gold and Platinum clients can also access a Virtual Private Server (VPS) for low latency and superior execution speeds. A VPS also allows traders to have zero downtime when trading which is useful to those who have automated strategies that are continuously running.

Traders can also access the features from the MetaTrader 4 Market place which can be accessed from the MetaTrader 4 platform. This includes copy trading services, customised programming services and auto trading strategies.

Commissions & Spreads

“Trading is commission-free with TradedWell but spread and swap costs vary depending on the instrument being traded and account type opened.”

Trading is commission-free with TradedWell but spread and swap costs vary depending on the instrument being traded and account type opened. 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

For Non-Islamic accounts, overnight funding or ‘swap’ fees are charged on positions that remain open overnight (22:00) GMT. If positions are being held over the weekend a three-day swap charge will be charged on Wednesdays.

In the event no trading activity takes place for at least 60 days, inactivity account fees will be applied to the account. A shortened breakdown is shown below:

Inactivity Period Monthly Trading Account Inactivity Fee
Over 61 Days An Inactivity Fee of 160 EUR or the equivalent amount in the client’s currency as per the exchange rate that day, will be imposed for over 61 days of inactivity, retroactive for the whole dormant/inactive period
Over 181 Days An Inactivity Fee of 200 EUR or the equivalent amount in the client’s currency as per the exchange rate that day, will be imposed for over 181 days of inactivity
Over 271 Days An Inactivity Fee of 500 EUR or the equivalent amount in the client’s currency as per the exchange rate that day, will be imposed for over 271 days of inactivity

Bonus & Promotions

“In accordance with regulatory restrictions, TradedWell does not offer any bonuses or promotions.’’

In accordance with regulatory restrictions, TradedWell does not offer any bonuses or promotions.

Customer Support

“TradedWell offers multilingual customer support via phone, email and live chat, and allows clients to submit enquiries through a form on the ‘Contact Us’ page. The live chat function also features a FAQ section covering Account, Trade and Verification related questions.

TradedWell offers multilingual customer support between 08.00 to 18.00 GMT, 5 days a week via phone, email and live chat, and allows clients to submit enquiries through a form on the ‘Contact Us’ page. Common questions regarding Account, Trading or the Verification Process are also pre-set and have answers detailed within the live chat function.

After submitting a question through the live chat we were connected to an agent who answered our question within 30 seconds, as shown below:

Contact Information:

  • Address: Isiodou, Andrea Laskaratou & Emanouel Roides Street 10-12, 2. Floor, Ayia Zoni, 3031 Limassol, Cyprus
  • Email: support@tradedwell.com
  • Phone: +44 8000318499
  • Social Media:
    • https://www.facebook.com/TradedWellEU/
    • https://twitter.com/Tradedwellcom

Research

“TradedWell offers trader research through its Daily News Section, Articles Portal, Report Season Calendar and an Economic Calendar.”

TradedWell offers trader research through its Daily News Section, Articles Portal, Report Season Calendar, and an Economic Calendar. The daily news section provides articles covering a wide variety of different asset classes and also includes an Asia Daily Market Review, US Daily Market Review and European Daily Market Review.

Clients can also keep up with current and future events with the economic calendar and use the reporting season calendar to track upcoming events for US stocks.

Trader Education

“TradedWell offers a variety of educational resources for both beginner and advanced traders through regular Trading Videos, eBooks, Tutorials and Courses.”

TradedWell offers a variety of educational resources for both beginner and advanced traders through regular Trading Videos, eBooks, Tutorials and Courses. Below is a small summary of the main educational resources on offer:

  • Trading Videos: Beginner to advanced videos covering trading risks, technical analysis, and strategies.
  • eBooks: Comprehensive coverage of trading basics, analysis, trading psychology and more.
  • Tutorials: MetaTrader 4 desktop and mobile videos.
  • Courses: Multiple courses for beginner and advanced traders on topics covering trading strategies, CFD’s and stocks, trading tools and more.

Trading Experience

“TradedWell provides clients commission-free trading to over 170+ markets across Forex, CFDs for Commodities, Indices, Shares and Cryptocurrency through the popular MetaTrader 4 platform. There is also a good amount of daily research and educational material.”

TradedWell provides a competitive edge with commission-free trading across 170+ markets covering Forex, CFD’s for Commodities, Indices, Shares and Cryptocurrency all through the globally recognised MetaTrader 4 trading platform and the broker’s own web-based platform which is feature-rich and easy to use.

The broker also offers a good range of daily research and educational material. Traders of all levels from beginner to advanced can benefit from the daily news section including a daily market update for Asia, Europe, and America. Further, clients can engage in trading videos, tutorials, eBooks and courses on demand through the education section of the broker’s website.

FAQ

Is TradedWell regulated?

TradedWell is the brand name of iTrade Global (CY) Ltd, a company authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC).

Where is TradedWell based?

Isiodou, Andrea Laskaratou & Emanouel Roides Street 10-12, 2. Floor, Ayia Zoni, 3031 Limassol, Cyprus

How does TradedWell make money?

TradedWell makes money mainly through spreads and swaps on certain asset classes.

How do I deposit in TradedWell account?

Funds can be deposited via debit/credit card, bank transfer and e-wallets such as Skrill, Neteller., Trustly and more.

What is the min. deposit for TradedWell?

The minimum deposit is $250.

How do I withdraw money from TradedWell?

Withdrawals can be made via debit/credit card, bank transfer and e-wallets such as Skrill, Neteller., Trustly and more.

What is the max leverage in TradedWell?

Retail clients have maximum leverage of 1:30. Professional account clients are offered leverage up to 1:500.

How do I open an account with TradedWell?

An account can be opened at the click of a button on the TradedWell website and can be done in just a few steps.

Does TradedWell use MetaTrader?

Yes, MetaTrader 4.

Conclusion

“TradedWell is a CySEC regulated broker offering clients to trade on more than 170+ financial instruments covering Forex, CFDs for Commodities, Indices, Shares and Cryptocurrency on the MetaTrader 4 trading platform and the broker’s own web-based trading platform.”

TradedWell was founded in 2020 and is the brand name of iTrade Global, a company authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC).

The broker offers clients access to trade on more than 170+ financial instruments covering Forex, CFDs for Commodities, Indices, Shares and Cryptocurrency all through the globally recognised MetaTrader 4 platform and the broker’s own web-based platform.

Clients can choose between three main account types called Silver, Gold and Platinum as well as Demo and Islamic trading accounts. The main difference between each account is the additional features such as access to a virtual private server (VPS) and discounts on overnight swap charges.

The broker offers daily research in the form of news and market-related articles but also a variety of educational resources including trading videos, tutorials, eBooks and courses. The material is of high quality and suitable for both beginner and advanced traders.

Deposits and withdrawals are generally fee-free, however, it should be noted in some cases a withdrawal fee will be charged. There are also inactivity fees that accrue after 60 days of trading inactivity. Customer support is offered in multiple languages via phone, email and live chat between 08.00 to 18.00 (GMT), 5 days a week.

  • CySEC regulated.
  • 170+ CFDs to trade on.
  • Can trade on MetaTrader 4.
  • Easy to use online web-based trading platform.
broker

FX/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82.78% of retail investor accounts lose money when trading CFDs with this Provider. You should consider whether you understand how FX/CFDs work and whether you can afford to take the high risk of losing your money.

See TradedWell Full Information
Broker General Information
Trading Features
Other Details
Headquarters Country
Cyprus
Foundation Year
2020
Regulations
CySEC (Cyprus)
Publicly Traded
No
Number Of Employees
50-100
Trading Desk Type
STP
Trading platforms
MT4
Restricted Countries
United States
Supported Languages
English, Spanish, German, French, Portuguese, Italian, Dutch, Swedish
Min Deposit
$250
Max Leverage
1:500 (CySEC)
Deposit Options
Wire Transfer, Credit Card, Skrill
Withdrawal Options
Wire Transfer, Credit Card, Cryptocurrencies, Skrill, Neteller
Cryptocurrencies
Bitcoin Cash, Bitcoin Gold, Bitcoin, NEO, Litecoin, Zcash, Ripple, Monero, Stellar, Dash, Ethereum
Fixed Spreads
No
Commission On Trades
No
Products
Crypto, Currencies, Commodities, CFDs, Indices, Stocks
Mini Account
No
Premium Account
Yes
Demo Account
Yes
Islamic Account
Yes
Segregated Account
Yes
Managed Account
No
Institutional Account
No
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