Score

1.45 /10
Danger

TradedWell

Cyprus

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

D

Add brokers

Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index6.56

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

TradedWell

Company Abbreviation

TradedWell

Platform registered country and region

Cyprus

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

TradedWell · Company summary

General Information

TradedWell is allegedly a broker based in Cyprus that provides its clients with some trading platforms (MT4, Webtrader) , leverage up to 1:400, variable spreads on over 170 tradable assets, as well as a choice of three different account types.

Market Instruments

TradedWell advertises that it offers 170+ CFDs on trading instruments in financial markets, which include 40+ forex pairs, 30+ cryptocurrencies, 70+ stocks, 15+ commodities and more. Cryptocurrencies includes Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash.

Account Types

Apart from demo account and professional accounts, there are three basic account types offered by TradedWell, namely Silver, Gold and Platinum. Unluckily, we didnt find any useful information about the minimum initial capital amount for different account types on the Internet.

Leverage

The maximum leverage ratio provided by TradedWell is 1:30 for retail clients, while for professional traders, it is much higher, up to 1:400. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads

According to the information displayed on the Internet, the spread for the major currency pair-EUR/USD seems to be fixed at 3.2 pips.

Trading Platform Available

When it comes to trading platforms available,TradedWell gives traders three choices: MetaTrader4, Webtrader and Mobile apps available both on Android and iOS devices. MT4 is known as one of the most successful, efficient, and competent forex trading software. providing advanced features like Expert advisors, many complex indicators, excellent charting tools and more. While with Mobile apps, trading can be done from anywhere and at any time through right mobile terminals.

Deposit & Withdrawal

From the logos showed at the bottom of home page on TradedWell‘s official website, we found that this broker seems to accept deposit and withdrawal via VISA, V Pay, MasterCard, Maestro, Neteller and Skrill. The minimum deposit amount says to be €215, while there is no minimum withdrawal requirement, but clients will have to pay additional taxes if they take less than €100 at a time. Note that TradedWell also charges clients who haven’t traded at all or have placed a single trade but wish to make a withdrawal, a fee of €50.

Deposit

Fees

Also, TradedWell charges an inactivity fee. The account with 60 inactivity days becomes dormant and will be subject to dormant account fees, ranging from €160 to €500.

Fees

Customer Support

TradedWells customer support can be reached through telephone: +43800232902, email: support@tradedwell.com. Besides, you can also follow this broker on some social media platforms like Facebook and Twitter. Company address: Isiodou, Andrea Laskaratou & Emanouel Roides Street 10-12, 2nd Floor, Ayia Zoni, 3031 Limassol, Cyprus.

News

NewsGoodbye, TradeWell

Another CySEC-registered broker closed down since the start of 2023.

WikiFX
2023-04-17 17:16
Goodbye, TradeWell

User Reviews

More

User comment

2

Comments

Write a review

(「・ω・)「嘿
more than one year
TradedWell has said goodbye to me, all of a sudden! I traded with it two years ago, and remembered that I met some problems with payment then, support staff helped me out quickly.
TradedWell has said goodbye to me, all of a sudden! I traded with it two years ago, and remembered that I met some problems with payment then, support staff helped me out quickly.
Translate to English
2023-03-02 09:49
Reply
0
0
alex552
more than one year
Regarding trading, there is nothing better that I can think of. The very finest is Tradedwell. It makes the funding and withdrawal processes incredibly simple. The platform is very user-friendly and intuitive.
Regarding trading, there is nothing better that I can think of. The very finest is Tradedwell. It makes the funding and withdrawal processes incredibly simple. The platform is very user-friendly and intuitive.
Translate to English
2022-11-24 11:38
Reply
0
0