Rating Index
Pros
Regulated by the Cyprus Securities and Exchange Commission (CySEC), ensuring a level of security and trust for traders.
Offers a wide range of over 170 tradable assets, including forex, stocks, commodities, and cryptocurrencies, catering to diverse trading interests.
Provides a free demo account and quality educational resources, allowing both beginners and experienced traders to enhance their skills and strategies.
Cons
Absence of the MetaTrader 5 (MT5) platform, which may limit advanced trading functionalities for some traders.
High leverage options, while appealing, can increase the risk of significant losses, particularly for inexperienced traders.
Potential withdrawal fees may apply in cases of low trading activity, which could be a drawback for infrequent traders.
TradedWell broker Accounts
Tradedwell Account Type
Tradedwell offers three main types of trading accounts designed to cater to different trading needs: Silver, Gold, and Platinum. Each account type comes with distinct features and benefits:
- Silver Account:
- Minimum Deposit: $250
- Retail Forex Leverage: 1:30
- Professional Forex Leverage: 1:200
- Spread: Starting from 2.8 pips
- Dedicated Account Manager: No
- Swap Discount: 0%
- Access to Educational Resources: Yes
- Gold Account:
- Minimum Deposit: $250
- Retail Forex Leverage: 1:30
- Professional Forex Leverage: 1:400
- Spread: Starting from 2.0 pips
- Dedicated Account Manager: Yes
- Swap Discount: 25%
- Free VPS: Yes
- Access to Educational Resources: Yes
- Platinum Account:
- Minimum Deposit: $250
- Retail Forex Leverage: 1:30
- Professional Forex Leverage: 1:500
- Spread: Starting from 1.8 pips
- Dedicated Account Manager: Yes
- Swap Discount: 50%
- Free VPS: Yes
- Access to Educational Resources: Yes
Visit the Website: Go to www.tradedwell.com and click on the "Open Account" button located at the top right corner.
Fill in the Application Form: Provide the required personal information, which may include:
- Full Name
- Email Address
- Phone Number
- Country of Residence
- Password
- Complete the KYC Process: Answer a questionnaire regarding your trading experience and upload necessary documents for verification, such as:
- A scanned copy of your passport or national ID
- A utility bill or bank statement (not older than six months) for address verification
Account Verification: After submitting your documents, you will wait for verification, which may take some time.
Deposit Funds: Once your account is verified, you can make a minimum deposit of $250 using various payment methods, including credit/debit cards and e-wallets.
Start Trading: After funding your account, you can begin trading across the various instruments offered by Tradedwell.
All account types allow trading in multiple asset classes, including Forex, commodities, cryptocurrencies, and indices.
Tradedwell Broker Account Opening Process
Opening an account with Tradedwell is a straightforward process that involves the following steps:
This simple process allows traders to quickly get started in the financial markets.
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