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Tradedwell Review 2021- Is Tradedwell a Good Broker?

Introduction

Amongst various trading platforms available in the market, and new ones getting introduced, the decision to choose one can be quite tedious. Hence this article brings you an honest review of a new entrant platform Tradedwell.

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TradedWell is a forex and contracts for differences broker, This recently founded platform provides a wide range of financial investment services with technological benefits. with mobile and web platform options. It offers services to most of the European Union. Already has more than a thousand clients, it has risen into popularity in a very short span of time, which has also won them awards.

The performance, account types, customer services, trading products, everything you need to know in case you are looking for a new trader, the below review takes you through the complete and detailed information.

Overview 

HeadquartersEmanouel Roides Street 10-12, second floor, Ayia Zoni, Limassol 3031, Cyprus
Operated byiTrade Global.
License number298/16.
Regulated ByCySEC
Foundation Year2020

About Firm

Tradewell is a brokerage firm providing services in an affordable range to its customers, it offers to trade in CFD and FX too. founded in 2020 under Cyprus Securities and Exchange Commission (CySEC).The firm is a part of investors compensation fund, follows account segregation, and insures upto 20000 euros of client money.

This new trading platform is designed to meet the demand of different trading expectations, providing services to a wide range of traders from beginners to experts, and gives exposure to a wide range of financial markets.

Salient Features

  • 300+ assets, 30+ analytical tools.
  • One-click trading.
  • Multilingual support
  • Educational videos, articles, and webinars.
  • Transparency and security with firewall and SSL 
  • Mobile trading
  • Encrypted transactions.
  • Automatic stop loss
  • Customized trading terminal.
  • Trading analytics
  • Access to various global markets 

Account Types

Tradedwell offers 3 types of account plans, silver, gold, and platinum suitable for a beginner to a pro accordingly, the broker offers a service of an account manager who apparently advises or determines which level of account is suitable and also helps to do a speedy setup.

  • SILVER ACCOUNT

Suitable for beginners, is provided with minimum and necessary options.

  •  Maximum leverage for a retail account 1:30
  • Maximum leverage for a professional account 1:200
  • Customized investment news
  • Dedicated account manager
  • Hedging
  • Available currencies GBP/EUR/USD.
  • GOLD ACCOUNT

This second-level package offers extra features than the silver account.

  • Maximum leverage for a retail account 1:30
  • Maximum leverage for a professional account 1:400/ 1:500
  • Customized investment news
  • Dedicated account manager 
  • Hedging
  • Swap discount 25%
  • Fifth decimal
  • Free VP’s
  • Available currencies GBP/EUR/USD
  • PLATINUM ACCOUNT 

Designed for pro-level traders with increased swap discounts

  • Maximum leverage for a retail account 1:30
  • Maximum leverage for a professional account 1:400/1:500
  • Customized investment news
  • Dedicated account manager 
  • Hedging
  • Swap discount 50%
  • Fifth decimal 
  • Free VP’s
  • Available currencies GBP/EUR/USD.

Commissions and Fee

Tradedwell does not charge any commission and fee on trade, it earns through spreads and swaps.

Deposits and Withdrawals

Deposits are instant, with the minimum amount being $250, withdrawals take three to five business days for processing of the request.

Tradewell provides various options such as

  • VISA
  • VPAY
  • Maestro
  • Mastercard
  • Skrill
  • SSL
  • NETELLER
  • Secure code
  • Verified by VISA

Trading Platforms

Tradedwell provides two platforms to access the financial market i.e mobile app and web trading

Web trading features:

  • A wide selection of charts
  • Dynamic analytics
  • Full synchronization
  • Automatic stop loss
  • Live chat
  • One-click account switching
  • A full history of trades
  • Inherent platform support
  • Real-time balance level
  • Trade mode alternatives 
  • A wide selection of charts.

Mobile trading features :

  • one-click trading
  • Multiple timeframes
  • Market events and news
  • Wide choice of technical indicators
  • Information of trading account balance in real-time.
  • 60+ analytical tools
  • Multilingual support
  • Stop-loss setup
  • Balance level check

Customer services

Here are some of the details available about the customer services offered by tradedwell.

  • Service available: 07.00 to 16.00 GMT on Monday to Friday.
  • Phone number: +448000318499
  • Email id: support@tradedwell.com
  • Live chat option
  • Contact form( if none of the above options work)

Pros 

Tradedwell offers various options and diverse services,

Pros

  • no hidden fees.
  • cross-platform trading.
  • flexible leverage.
  • easy withdrawal and deposits.
  • 170+ asset CFO’s
  • customer support
  • speedy mobile trading
  • educational services
  • customized news
  • good swap discount
  • one-click trading operations
  • customized trading terminals
  • setup support

Cons

  • The absence of Meta trader 5.
  • high swap charges.

Products for trade and Research Tools

Tradedwell provides access to a huge international finance market, allowing trading of stocks, cryptocurrencies, indices, metals, and commodities. A user can choose from a diverse option of stocks available in the market.

Tradedwell gives various tools as an option to evaluate, review and get knowledge about various trades they wish to make, some research tools would be

  • Economic calendar
  • Report section calendar
  • Customized news updates
  • Educational options.

Is Tradedwell safe?

The platform predominantly is safe and legitimate as it is regulated by CySEC and runs on SSL Technology, A secure network with firewalls and data encryption, uses a conventional Meta trader 4 software, Although there could be an issue with the trading plan suit as there are reports about past customers being offered with unprofessional plan suits.

If the majority of information, review, rating, features, and functioning is considered traded well is verified and a good platform for traders.

Conclusion

In a nutshell, Tradedwell is a good option to gain yourself access to a wide, vivid range of trading options. It is a protected and regulated platform which makes it reliable and safe. The huge band of benefits, services, research tools, and options it provides, Tradedwell holds a steady place among many other available platforms in the market.

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Sara K

Sara is steadily working on cryptocurrency evaluations, news, and fluctuations in digital currency prices. She is guest author associated with many cryptocurrencies admin and contributes as an active guide to readers about recent updates on virtual currencies.

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