Learn Forex Trading with TradedWell

Tradedwell

TradedWell was founded in 2020, and it is the representative name of iTrade Global. It is regulated and approved by the Cyprus Securities and Exchange Commission (CySEC). The brokerage company offers 170+ CFDs on various assets, including forex, stocks, cryptocurrency, commodity, and indices.

The brokerage giant mainly provides three types of trading accounts: silver, gold, and platinum. In addition, and on the particular demand of the investor, the broker also provides an Islamic account.

The company uses MetaTrader 4 platform for trading. In addition, the broker provides the facility of the customer support service to traders for solving the query related to the trading. The available base currencies of the TradedWell broker are EUR, USD, GBP.

The traders of the professional account have an offer of a 50% swap discount. With this broker, hedging is allowed for minimising the risk of losing into the market. 

Cryptocurrency: 30+ CFDs crypto is available for trading.

Commodity: 20+ CFDs commodities

Forex: 170+ currency pairs are available for trading. 

Stocks: 70+ CFDs stocks for traders.

Metals: 10+ precious metals for trading.

How to open a trading account with TradedWell?

The brokerage giants generally offer five types of trading accounts to the investors. The trader knows very well which types of trading account are suitable for trading (all the things depend on the trading goal and plans). After choosing the account type, the trader has to deposit the minimum amount of money for $250.

This is the procedure to open a trading account with TradedWell:

  • Firstly, a trader has to login to (www.tradedwell.com) and apply for the online application form and needs to fill in all the information, including name, age, address, country, etc.(when you fill the form, you should be aware that the information is correct because it will remain unchanged. 
  • After submitting the form, a trader has to fill in the answers in the questionnaire related to the trading plans and goals.
  • In this process, the trader has to verify the document on the broker platform through the government ID card. This process is essential for the traders.
  • A trader has to choose the payment motion method for the trading transactions such as Credit Card, Cryptocurrencies, Neteller, Skrill, Wire Transfer.
  • In the end, the trader has to deposit the minimum amount of money to traders that are $250.

Here is the list of various types of trading accounts:

  • Silver account
  • Gold account
  • Platinum account
  • Demo account 
  • Islamic account 

All trading accounts have unique features and services for traders. It all depends on traders and their trading plan, which account is suitable for trading. 

The brokerage company offers Free VPS to platinum account holders. All accounts have a slight difference in terms of features and services.

The platinum account is the best account for trading in which has all the advanced features and services which are great for trading.  

Before entering into the trading, the trader has to practice on the demo account first and learn something important while trading. 

How to get a demo account with TradedWell?

The brokerage company offers the demo account to the newcomers because it is very helpful to learn the trading in a better way. With the help of the demo account, the trader knows all the rules and regulations which are essential for trading. 

The trader sees the advantages of a demo account in real trading where the trader of the actual trading follows the selected strategy for trading. 

The key feature of the demo account:

  • The trader understands the market terminology that helps to make a quick decision in trading. 
  • In the demo account, the traders use fake currency in which there is no risk of losing money in the market. 
  • While trading in a demo account, find out the best strategy which suits your trading style. 
  • The trader has no stress in the demo account. 
  • A demo account is completely the same as an actual trading account. 

According to a professional investor in the market, the demo account is essential for the newcomers to learn forex trading on an advanced level. After learning the trading, the traders know the best strategy used mostly in the trading. 

The brokerage company offers the updated demo account for trading in which it has all the advanced levels of tools and indicators. 

How to use charts with TradedWell?

TradedWell provides various types of charts, tools, and indicators for trading.

MetaTrader 4 platform

  • Toolbar: The toolbar shows the variety of shortcuts to command on the MetaTrader 4.
  • Charts: On MetaTrader 4, most of the screen displays the various types of charts for trading.
  • Bar charts: The bar charts are the most common type of chart used by every investor; it shows the various types of the bar of price movements. 
  • Line charts: The line chart is the continuous flow of the price movements because it is easier for investors to observe. 
  • Candlestick charts: It is the same as bar charts; it also shows the opening, closing, low and high price. 
  • Tick charts: The tick chart is entirely different from the other charts; After the number of trades in the market, it shows the significant price changes chart. 
  1. Market watch: The market list that is shown on the MetaTrader 4 platform on the left side of the windows. (ask and bid price).
  2. Navigator: It is the essential tool where all indicators and expert advisors are situated. The location of the navigator is the bottom of the left side.

The trader of the TradedWell having an advanced level of tools and indicators

  • Average Directional Moving Index
  • Bollinger Bands
  • Envelopes
  • MACD
  • RSI
  • Ichimoku Kinko Hyo
  • Moving Average
  • Parabolic SAR
  • Standard Deviation

These are the research tools that the brokerage company provides 

  • Economic calendar
  • Research Season calendar
  • Trading signals
  • Daily news report

How to use leverage in funds for a broker?

In trading, the importance of leverage increases day by day because a trader needs leverage to increase the actual investments in trading. The brokerage giants offer leverage 1:500 to the professional investor and 1:30 to the retail investors. 

Due to the leverage amount, the trader has only invested the margin money in trading; if the trader’s actual investment is 10000, the trader only invests the $200 into the trading. The remaining amount of trading is paid by the broker itself on behalf of the trader. 

The leverage amount is helpful for a trader to increase the actual investment.

Leverage in the silver account 

  • FX 1:500
  • Gold & Silver (Metals) 1:125
  • Indices 1:125
  • Commodities 1:125
  • Stocks / Equities 1:50

Leverage in the gold account 

  • FX 1:500
  • Gold & Silver (Metals) 1:125
  • Indices 1:125
  • Commodities 1:125
  • Stocks / Equities 1:50

Leverage in the platinum account 

  • FX 1:500
  • Gold & Silver (Metals) 1:125
  • Indices 1:125
  • Commodities 1:125
  • Stocks / Equities 1:50

How to Deposit funds in the broker account?

There is no limit on depositing the money into the account by the broker. The brokerage company doesn’t offer commission-free trading to all the traders. 

The deposit method of the TradedWell is:

  • Credit Card 
  • Cryptocurrencies
  • Neteller
  • Skrill
  • Wire Transfer

The deposit account of the TradedWell is completely safe and secured for the trader in which they are free to deposit their money. 

Most platinum account holders deposit a large amount of money into the trading account. The trader can deposit the money from any device through a web trader, mobile trader; they only need to log in to the ID. The trader can blindly trust the TradedWell related to the money because the broker traders are satisfied with their services in the market. 

How to contact customer support in TradedWell?

The trader only has to click on the “contact us” option to talk with the agent in many ways. In addition, the brokerage company provides customer support services to the traders between 08.00 to 18.00 GMT, five days a week. 

The customer support offers multilingual languages to traders. In addition, they provide the live chat option in which the agent will reach within 30 seconds to solve their query. 

  • Email: [email protected] 
  • Phone number: +44 8000318499
  • Address: Isiodou, Andrea Laskaratou & Emanouel Roides Street 10-12, 2. Floor, Ayia Zoni, 3031 Limassol, Cyprus. 

The customer support employees have a lot of experience in trading and solve the problem in the best way. In addition, the gold and platinum accounts’ holders have a dedicated account manager for trading who manages all the things related to the trading.  

What is the procedure to withdraw funds from a trading account?

The withdrawal method of the TradedWell is via:

  • Credit Card 
  • Cryptocurrencies
  • Neteller
  • Skrill
  • Wire Transfer

A trader has to request before withdrawing the money because it takes some time for the withdrawal.

The brokerage company charges the withdrawal fee if the trader withdraws a large amount of money from a trading account. However, according to the policy of TradedWell, the deposit and withdrawal policies are entirely different for traders.  

The Bottom Line 

This article is all about the key features and functions of TradedWell. It is a new broker in the market with exceptional services. The account opening process in TradedWell is relatively easier for investors; only you need to follow a few steps to open minimising trading account. 

As we know, TradedWell is a new broker in the market. So, if we compare it with any other broker, it is sure that TradedWell has the best options for trading and has fantastic technology. 

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