There are many Forex brokers in the market today, each better than the other. Every day, new brokers are being established, offering traders a chance to try something new. But, not all of the brokers are equally good. There are some that are simply better than others.
Today, we are going to review TradedWell, which is a company that was established just recently, in 2020. Although it does not have a long history, TradedWell has already managed to offer traders some of the most amazing services. Today, we are going to review TradedWell, and we will try to talk about every little detail about this company.
If you want to learn more, follow our extensive review and start trading with TradedWell today!
The regulatory framework of TradedWell reviewed
While looking for a trustworthy Forex broker, it is very important to use the one that is regulated. There are many regulatory bodies around the world and all of them have different regulatory frameworks. As we were able to find out, TradedWell is registered in Cyprus, which means that it is regulated by CySEC.
Cyprus Securities and Exchange Commission is a famous regulatory agency, licensing dozens of Forex brokers in Europe. It is one of the best-known Forex regulatory agencies, and since it is based in Europe, it offers brokers the ability to be available in the whole region of the EU with just one license.
CySEC strictly follows the regulatory framework of ESMA and is a part of the Markets in Financial Instruments Directive II, MiFID II. Every regulatory body in the EU is required to follow this directive and it makes sure that all of the financial markets in different states of the EU are harmonized and are transparent. This makes trading Forex easier and safer for investors throughout the region.
What does TradedWell offer to traders?
While trading Forex, it is very important to use the broker that is ready to offer you well-developed Forex trading services. While reviewing TradedWell, we found out that this broker cares about the experience that its clients have. To be able to start trading at TradedWell, you will first have to create a live trading account and deposit funds on it.
There are several different options available for fund deposits. The Forex broker offers Credit/Debit card payments, bank transfers, as well as virtual wallets, like Neteller for example. Because of this, you can easily find something that works for you. The minimum deposit at the Forex broker is $250, and there are no fees nor commissions applied to the payments made by the traders. This way, you can be sure that all of your funds can be used for the actual trading.
Trading at TradedWell is conducted through a browser-based trading platform, which is called a WebTrader. WebTrader is a great solution for those who do not want to download additional applications or software to their computers. If you are one of those people, you can simply go to the website of the Forex broker, click the trading platform and start trading in just a few clicks.
The WebTrader is very user-friendly and can be used very easily even by most amateur traders. The broker also offers traders a mobile trading option. This can be done with the help of specially created trading applications for both iOS and Android devices. The application can be downloaded in just a few clicks from App Store and Play Store.
Mobile trading has become largely popular in recent years. If you are someone who is constantly on the go, you will love the mobile trading platform. It gives you the ability to stay in touch with the Forex trading market any time of the day.
Reviewing TradedWell’s trading accounts
To start Forex trading, no matter which broker you are using, you will first have to create a live trading account. The process of signing up at TradedWell is very simple and only takes a few minutes. The broker also follows the KYC policy, which means that traders will have to provide some type of documentation to verify their identity.
The Forex broker offers several different types of accounts. For retail traders, there are silver, gold, and platinum account types available. These three are very different from one another and were created for traders with different experiences. While beginners might enjoy the offerings of silver account, experienced and advanced traders will prefer gold or platinum accounts. The leverage for all three of these accounts can go up to 1:30.
If these offerings are not enough for you, the broker also offers a professional trading account. But not everyone is able to create this account. You will gave to prove to the broker that you are a well-experienced Forex trader and you are willing to put a certain amount of money in this market.
If you open a live trading account, the leverage for you can go up to 1:500. The broker also offers different types of special services to Forex traders using a professional trading account. In addition to regular services, you will also be able to enjoy a dedicated customer support representative, who will always be ready to assist you at any moment.
Available assets at TradedWell reviewed
When it comes to trading at TradedWell, a great thing is that this broker offers different types of trading assets. You can trade the following trading assets with TradedWell:
- More than 30 cryptocurrencies
- Over 45 currency pairs
- 20+ commodities
- Stocks of leading companies
- Precious Metals
trading such diverse assets is possible thanks to the CFDs trading. While trading CFDs, you do not have to own any assets. Rather, you are able to earn profits through speculating about the price movements of the assets.
How to contact the customer support team?
There are three ways you can contact the customer support team of TradedWell. They are:
- Hotline – +448000318499
- Live Chat
- Email – email@example.com
We have tested all three of these options and were glad to find out that they are very helpful. The customer support team of the Forex broker got back to us very fast and the answers that they provided were very helpful and detailed.
Learn more while trading Forex at TradedWell
Education is one of the most important things in Forex trading. The team behind the Forex broker seems to know this very well. There are different types of educational material available TradedWell, and as our review shows, anyone can very easily learn something new with this broker.
The educational material of TradedWell includes Webinars, special video classes, conferences, E-Books, guides, and many other things that might be very helpful for traders. Going through the educational material offered by the broker can be a great help for traders as it includes very diverse material.
Is TradedWell a legit Forex broker?
After reviewing TradedWell and discussing every little detail about the Forex broker, we are able to say that this broker can be trusted by traders. TradedWell is a legit Forex broker, working very hard towards creating a diverse and well-developed platform for traders of all backgrounds.
The broker works very hard to make sure that the funds of its clients are kept safe. Because of the great job that the broker has done, it has already received numerous awards and was named as one of the fastest-growing brokers by many. We believe that TradedWell is a legit Forex broker and we recommend trading with this broker.