TradedWell Review

CFD Broker

  • Cross-platform trading
  • Easy withdrawal and deposits
  • Flexible leverage
  • The absence of Meta trader 5
  • High swap charges

Overview

CHAPTER 1

TradedWell Introduction

CHAPTER 2

How TradedWell Works

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CHAPTER 3

How to Sign up for TradedWell

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CHAPTER 4

TradedWell Features

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CHAPTER 5

TradedWell Conclusion

CHAPTER 1

TradedWell Introduction


TradedWell is a fully licensed CFD and Forex brokerage firm offering financial investment services. Being among the latest market entrants, the firm brings the benefits of advanced technological advantages enabling its clients to stay ahead of the competition. The company is located in and operates from Cyprus; it’s regulated by the Cyprus Securities and Exchange Commission (CySEC).

The firm offers its clients over 170 financial products ranging from Cryptocurrency, Forex, Shares, Indices, and CFDs for commodities. All its financial products are offered via the renowned MetaTrader4 platform besides their web-based platform.

The brokerage operates three distinct account types, namely silver, gold, and platinum, and the Islamic and Demo accounts. The main feature that differentiates the accounts are additional features and discounts; they include discounts on overnight swap charges and access to a virtual private server.

The firm enriches its client experience through daily research and market-oriented educational resources such as high-quality trading videos, tutorials, eBooks, and courses. Traded currencies include EUR/USD, GBP/USD, USD/CAD, and cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Dashcoin.

CHAPTER 2

How TradedWell Works


If you want to make money on TradedWell.com, you can. However, you must understand how cryptocurrency exchanges operate. TradedWell allows you to speculate on the price movement of any asset of your choice using cryptocurrency.

A good example would be making an ETH/BTC speculation. You start by theorizing that the price of ETH could rise or fall in value compared to BTC using your Bitcoin deposit. Let’s say that you speculate using 1 Bitcoin, the Ethereum’s value will increase against Bitcoin within a given period, let’s say 24 hours. If things go according to your theorizing, and the price increases by 20%, you’ll end up making a profit of 0.2 BTC, meaning that your balance will be 1.2BTC.

If and when that happens, you’ve no business buying or selling ETH/BTC. You make profits or losses by theorizing price valuations using your cryptocurrency deposits. The good news is that once you become an expert, you can speculate price movements using a high level of leverage, in this case over 125x for cryptocurrencies and up to 500x when using Foreign exchange. Most users love leverage trading because you don’t have to undergo thorough AML/KYC scrutiny since your digital assets don’t leave your wallet.

CHAPTER 3

How to Sign up for TradedWell


Opening a new account is as simple as ABC. Once you click on the “Open Account” button on the broker’s homepage, you’ll be asked to register your name, email address, phone number, and password. The system will prompt you to give more personal details like date of birth, residential address and filling a suitability questionnaire.

Finally, you’ll be asked to verify your identity by submitting proof of residence using a bank’s statement or utility bill and your identity using a driving license or passport. Currently, the broker doesn’t accept users based in the USA. The minimum deposit to create a live trading account is $250.

Deposit and Withdrawals Options

TradeWell offers several deposit and withdrawal methods that are fee-free. They include bank transfers, debit/credit cards, and e-wallets like iDeal, Skrill, Neteller, and Trustly. Most of these payment methods offer instant deposits, but bank transfers could vary from one bank to another.

The broker processes withdrawals only on business days, with requests made before 7:00 GMT being processed within 24 hours and the rest on within 48 hours. Clients withdrawing mounts below €100 are charged an additional fee.

The broker also charges a fee in some withdrawal cases, such as €50 when there is insignificant or no trading activity in your account before submitting a withdrawal request. To deposit or withdraw funds, you need to log in to your client portal area, click on “Payments” and choose ‘Deposit’ or ‘Withdraw’ accordingly.

CHAPTER 4

TradedWell Features


TradedWell offers salient features and functions. These make the platform stand head over shoulders above the rest. These include:

  • A Lower entry fee: Initial deposits are affordable, and you can open your account
  • Limited fees: No trading fees or commissions for making deposits. Even though the broker charges no activity fees. All swaps qualify for a 50% discount.
  • 500x leverage: The broker’s clients can do margin trading on their own risk allowance. Expert , traders can grow the leverage on their professional accounts to 500x.
  • Varied deposit methods: MasterCard, Visa, Neteller and Maestro, etc.
  • Multiple Languages: All major European languages.

On functions

Web: TradedWell runs an amalgamated interface that’s highly optimized for computers, and Mobile users and clients can quickly move between both devices. The firm also offers support using charts and diverse analytical tools.

Mobile App: An easy to use mobile app enables trading on the go. It’s user-friendly and has adaptable trade features. The features on the App are the same in functionality as the main web platform.

CHAPTER 5

TradedWell Conclusion


TradedWell maybe a new entrant in the market, but it has positioned itself well because of a string management team. The broker ensures its users receive the highest quality support and exclusive educational materials. The diverse account types are appealing to a large client base.

Traders who have used the platform appreciate its interactive and intuitive user interface that makes trading an enjoyable experience. By supporting the leading cryptocurrencies like Ethereum and Bitcoin, the firm offers users access more than 30 other types of cryptocurrencies. Since the platform is still growing, there are all chances that it will continue to introduce new products and features.

Frequently Asked Questions

Is your question not answered here? Let us know!

TradedWell is a safe platform. However, please take note that CFD trading itself is a risky venture, and cryptocurrencies are speculative. Always be cautious when trading online.

It takes only a few simple steps to open a TradeWell account. Contact customer care if you get a problem. You contact the customer support team from Monday to Friday between 07:00 and 16:00 GMT.

You can make your payments with you credit/debit card, via bank transfers, or several e-wallets.

You can make your withdrawals using debit/credit card, bank transfer, and several e-wallets.

Screenshots of TradedWell

Pros and Cons with TradedWell

  • Cross-platform trading
  • Easy withdrawal and deposits
  • Flexible leverage
  • The absence of Meta trader 5
  • High swap charges

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