TradedWell is a new European licensed Forex / Crypto CFD broker that opened to new investors in October 2020.
Owned & operated by Itrade Global (Cy) Ltd, TradedWell is located at: Isiodou, Andrea Laskaratou & Emmanouil Roides Street 10-12, 2nd Floor, Agia Zoni, 3031 Limassol, Cyprus. Their main phone number is: +448000318499. Official Website is: https://TradedWell.com. The contact email address is: [email protected].
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Our review of TradedWell shows that they offer Forex CFD day traders and investors, the popular and user friendly MetaTrader4 (MT4) trading platform. They make available both the web-based MT4 trading app, along with standard MetaTrader mobile apps. They offer CFD trading in more than 170 underlying assets, including; Major Forex pairs, Exotic Forex pairs, Crypto Currencies, Shares, Metals and Indices.
Maximum leverage offered on Forex is limited at 30:1, in accordance with European standards. Professional traders can apply to have their leverage rate increased to 400:1. Trading with leverage can be very risky, and new traders should make sure they fully understand the risks associated with using margin. Three trading account types are offered, with the minimum deposit for a Silver account starting at $250.
As a European forex broker, their website is localized and translated into Italian, Spanish, German, Portuguese, Nederlands and English.
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Is TradedWell Regulated?
Yes, TradedWell is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC), with license number 298/16.
The way that the Scam Broker Investigator reviews a new CFD broker to determine if they are a legitimate broker or a scam, is be checking for a valid brokers license. In recent months, we have seen many scam brokers that were not regulated, go out of business and take their client funds with them.
The best brokers are always licensed by the FCA in United Kingdom or BaFin in Germany. Smart investors will only use a licensed broker, because of the protection you are afforded from their financial regulator.
Smart investors always review a few different brokers before making a final decision, See the best brokers list.
Go try a Free Demo Account at: ForTrade.com.
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