Tradedwell Review 2022: Best CFD Broker


TradedWell was created in 2020 and is the trading name of iTrade Global, a Cyprus Securities and Exchange Commission-authorized and regulated company (CySEC). Proper research in the form of news and market-related blogs is provided by the broker, as well as a number of educational tools such as trading videos, tutorials, eBooks, and courses.

Through the worldwide recognized MetaTrader4 platform and the broker’s web-based interface, clients can trade on more than 170 financial instruments, including Forex, CFDs for Cryptocurrency, Indices, Shares, and Commodities. The information is of good quality, and it is appropriate for both novice and experienced traders.

The majority of deposits and withdrawals are free of charge. However, it should be noted that a withdrawal fee may be charged in some situations. In addition, inactivity fees are also charged after 60 days of no trading activity. However, a TradedWell review is required since, with all of these advantages, the question arises: is it too good to be true?

Pros and Cons


  • Over 170 tradable assets
  • No hidden fees
  • Customized trading terminals
  • Advanced trading analytics
  • Negative balance protection
  • Free education center
  • Flexible leverage according to the account type and asset class
  • One-click trading operations
  • Fast trade execution


  • No MetaTrader5 (MT5)
  • Overnight charges may be applied

Is TradedWell A Scam Or Safe?

iTrade Global (CY) Ltd, a company, approved and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 298/16, is the brand name of TradedWell. In addition, the financial provider is regulated by other reputed authorities like AFM (Authorities of Financial Market), FCA (Financial Supervisory Authority), BaFin (Federal Financial Supervisory Authority), etc. 

As the brokerage firm offers MetaTrader 4 trading platform, the broker is secured because the MT4 platform uses high-end security for clients’ data safety. In addition, TradedWell also keeps clients’ funds in segregated bank accounts. 

The broker’s registration number is HE335424. In addition, the financial service provider provides negative balance protection to its clients, which is a significant feature for clients’ fund safety. So, trading with TradedWell is safe, and it is not a fraud. 

Trading Account Types

TradedWell clients can choose from four different types of accounts: Bronze, Silver, Gold, and Platinum, and also Demo and Islamic trading accounts. Each account has its own set of features and benefits.

Bronze trading account

  • 750 Assets available
  • 0.07 Minimum spreads
  • Leverage up to 1:30
  • Full business day support
  • Dedicated account manager 
  • Investment news

Silver trading account

  • 750 Assets available
  • 0.07 Minimum spreads
  • Leverage up to 1:200
  • Hedging is allowed
  • Full business day support
  • Dedicated account manager 
  • Investment news

Gold trading account

  • 750 Assets available
  • 0.05 Minimum spreads
  • Hedging is allowed
  • 25% Swap discount
  • Webinars and Videos
  • Leverage up to 1:200
  • Dedicated account manager
  • Investment news
  • Free VPS
  • Fifth decimal

Platinum trading account

  • 750 Assets available
  • 0.03 Minimum spreads
  • Dedicated account manager
  • Hedging is allowed
  • 50% Swap discount
  • Webinars and Videos
  • Investment news
  • Leverage up to 1:200
  • Free VPS

How To Open Trading Account?

In only a few steps, anyone can create a new account. First, users must register with their name, email, phone number, and password after selecting the ‘Open Account’ option on the broker’s webpage. Users will then be asked to enter further personal information, such as their home address and date of birth, as well as complete a suitability questionnaire.

Identification verification, which includes presenting proof of identity and proof of address, as well as depositing cash, are the final steps.

Trading Platform

Webtrader, MT4, and Mobile app are the three trading platforms offered by TradedWell. Let’s take a look at each platform and see what perks and features they provide.


WebTrader is a web-based trading platform that works with any web browser without requiring additional software. This platform is convenient because it may be used at any time. You have access to the same toolkits and tools as other platforms, and these tools will aid you in performing technical analysis and predicting movement when trading.

  • Multilingual support in 11 languages
  • Automated stop loss
  • Live support
  • 30 analytical tools
  • 7-time frames
  • Track your entire trade history
  • One-click operations
  • In-built platform support
  • Customizable user panel
  • Several execution modes
  • Real-time balance level

MetaTrader 4 (MT4)

MT4’s popularity is at an all-time high in the business. Because it is simple to use, you can readily access this platform. With a simple interface and one-click trade execution, you’ll be up and running in no time. There is a multitude of tools available, all of which can be customized. It supports a variety of platforms and languages, as well as hedging and backtesting. The workflow of MT4 is transparent, making it simple to use for both technical and non-technical users.

  • Multiple trading modes
  • Activate trading alerts
  • Live chat support
  • Real-time balance level
  • One-click trading
  • Multiple intrinsic technical indicators
  • Track your trade history
  • Access to user-panel customization
  • Automated Stop/loss
  • Multiple charts to compare various financial instruments
  • Advanced analytical tools

Mobile App

Clients can access mobile trading on the go using TradedWell’s mobile trading app, which is available for both Android and iOS platforms. The program can be downloaded from Google PlayStore or the Apple AppStore.

  • One-click trading options
  • Customized user interface
  • Analytical tools and technical indicators
  • Real-time balance
  • Multilingual support in 11 languages
  • Trade news and updates
  • Live chat support 
  • Access to 7 timeframes from one minute to one month

Trading Instruments

Clients can trade on more than 170 markets, including Forex, and CFDs for commodities, indices, stocks, and cryptocurrency. Spreads and swap or overnight financing rates vary based on the account type and item being traded and are discussed further in this TradedWell review.

Foreign exchange: You can trade in all types of currency pairs, including majors, minors, and exotic. It is the largest market where you can trade and increase your chances of getting higher returns. 

Stock trading: TradedWell provides opportunities to invest in mega stocks like Google, Facebook, and Apple. In addition, you can get your hands on all kinds of businesses, from small to large-cap companies.

Indices trading: TradedWell offers its clients to get exposure to a basket of various securities by providing the facility to trade in popular indices like Dow Jones Industrial Average, Nasdaq, S&P 500, ASX 100, DAX 30, FTSE 100, Nikkei 225, and more.

Cryptocurrency trading: With TradedWell, you have the opportunities to trade on popular cryptocurrencies like Bitcoin, Ethereum, and others. Be aware of the cryptocurrencies which do not have a solid underlying blockchain. Do proper research before investing in any new cryptocurrency. 

Commodities trading: You can trade on both hard and soft commodities by signing up with the reputed brokerage firm TradedWell. There are a lot of options available like precious metals (Gold, Silver, and Platinum), natural oil, coal, soy, sugar, and more. 

Commission and Spreads

TradedWell offers commission-free trading, although spread and swap prices vary based on the product and account type. For example, when trading in currencies, TradedWell offers 30 pips for the bronze account, 30 pips for the silver account, 25 pips for the gold account, and 20 pips for the platinum account. However, for EUR/GBP, the silver account is 41, the gold account is 26, and the platinum account is 19.

For gold, it is 300 for the silver account, 250 for the gold account, and 200 for the platinum account. For crude oil, TradedWell offers spreads of 60 pips for the silver account, 50 pips for the gold account, and 40 pips for the platinum account.


The leverage varies between different financial products and accounts with varying trade sizes. As a result, traders can take advantage of TradedWell’s leverage based on their trading experience and the amount of risk they are ready to take.

For regular investor accounts in all four account tiers (bronze, silver, gold, and platinum), the online brokerage firm offers leverage up to 1:30. In addition, leverage up to 1:200 is available for professional accounts.

To gain access to additional leverage, professional traders can contact specialist customer service representatives.

How To Deposit and Withdrawal With Tradedwell Forex Broker?

TradedWell accepts fee-free deposits and withdrawals using debit/credit cards, bank transfers, and e-wallets like Neteller, Skrill, Trustly, iDeal, and others. The majority of payment options offer instant deposits, but bank transfers can vary based on the client’s bank.

Only business days are used to process withdrawals. Therefore, requests received before 07:00 GMT are handled the same day, while those received after the particular time are processed the next business day.

It should be noted that the broker may levy withdrawal fees in some situations if the client’s trading account has had little or no trading activity prior to the withdrawal request. However, once logged into the client portal area, funds can be deposited and withdrawn.

Educational and Research Support

Chapters, articles, editorials, and columns are available to help traders comprehend the fundamentals of financial trading. Furthermore, the content supplies members with in-depth information and knowledge, as well as raises their trading standards. There are also trading schools and asset centers that can help a trader improve their skills.

There are various articles about the financial market that can assist you in your education. There is an economic calendar where you can find out about all of the economic events and all of the economic data releases. Earnings season and trading ideas aid in in-depth market analysis.

Customer Support

From 7:00 to 18:00 GMT, TradedWell offers customer service via email, phone, and live chat. Monday through Friday, TradedWell provides customer service. The brokerage firm believes in providing world-class multilingual support to its clients. Therefore, it is necessary to give the customers what they want. And the best way to do this is to provide a good level of customer support so that clients can never forget the broker and build a healthy relationship between them. 

Email: [email protected] 

Phone: +448000318499

Live chat support is available on the TradedWell website.

Final Verdict

TradedWell is a broker to keep an eye on because it offers low-cost trading with no hidden costs. For beginning, intermediate, and advanced traders, several types of accounts and features are advantageous. The MT4 trading platform is very user-friendly. These platforms allow you to trade while on the move.

Accounts have a lot of leverage, allowing traders to trade prominent positions with a small amount of money. TradedWell also aids shariah adherents by providing an Islamic account with no overnight or other fees. Furthermore, account holders are allowed to hold an unlimited number of roles.

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