Trade Well Review – Trustworthy Crypto Broker?

Trade Well is an emerging Crypto CFD broker. They offer more than 100+ pairs and provide upto 1:40 leverage. Their platform is web based and it’s unique functionality brings a new touch of practicality to trading.

However, there are few things you should know before joining them. Read our detailed review to know everything about this broker and make an informed decision.

Disclosure: We get commissions for purchases made through links in this post.

Trade Well Review

License and Custom Support

It is always best for you to trade with licensed brokers. So, that you are always under the protection of the local regulatory body. However, we are not stating that all the unregulated brokers are outright frauds.

Considering the risks, it is better to avoid them. The parent company of this broker is Invest Support LTD. Below are the details regarding their registration.

Registration Number – 205538955

Address – 5, 1B Dimcho Debelyanov street, Metropolitan Municipality Izgrev Region, 1113 Sofia City, Bulgaria

Phone –  +3726094190

Email – customersupport@tradewell.io

Traders can contact the support team via telephone, telegram app or email. However, as there are no testimonials as of now, we do not have any feedback regarding them.

Account Types and Leverage

This broker offer 5 types of accounts. The distinguishing factors are starting capital, trading terms, account manager and educational content.

As a rule of thumb, you will get more professional services, if you start out with more up-front capital. Trading bonus is available across all the account types.

However, make sure that you have completely understood with the terms and conditions first. We strongly recommend our readers never to accept bonus because most of the time it acts like a double edged sword. The amount of leverage ranges from 1:10 to 1:40. This might sound low, but in the world of cryptos it is enough.

Remember cryptocurrencies have a lot of volatility. So it is important for you to adhere to strict risk management. Otherwise, the consequences will be severe. Moreover, most of the brokers do not offer 1:40 leverage so it is not a deal breaker.

Educational Material

All of the clients of this broker can access an educational outlet. There are both in the format of video tutorials and books. This kind of gesture shows their commitment and integrity. Although, the quality of the material available is a subject to one’s opinion. Trade Well Educational Outlet

If you are a complete beginner, then you will benefit a lot from it. Remember to backtest every strategy before you decide to use them on a live account. Though, past results does not guarantee future actions, it is good to know the statistics.

Charting Tools and Platform

The platform offered by this broker is web based. It runs on most of the modern devices which has an active internet connection. However, if you are used to algorithm trading, then you might be disappointed. As an alternative, they offer account management, but the exact performance records are something you should keep an eye on.

There will always be execution delays in any type of copy trading. So, be prepared for that in advance or avoid trading during those times. As far as charting is concerned, there is nothing to worry about.

TradingView charts offer some of the best tools which will be more than enough for most traders. Moreover, with tradingview you can set for price charts as well so that you don’t have to stay glued to the screen. This feature will be helpful especially for swing traders.

Domain Insight

Tradewell.io domain was registered on 15/05/2018. The registrant details are completely masked for privacy reasons. However, you can always contact the support team if you have any concerns. Since this website is relatively new, they do not have high ranking on similar web and alexa.com yet. So, we cannot trace at their main traffic sources.

Deposit and Withdrawals

Trade Well offers accounts in 4 base currencies which are AUD, USD, EUR and GBP. The minimum deposit amount is $250 or equivalent. Deposit and withdrawals can be done through wire transfer, credit cards and Bitcoin.

They state that the withdrawals are usually processed in 2 days, but sometimes can take as long as 5 business days. Unfortunately, the minimum withdrawal amount is not specified.

Trade Well Review conclusion

Trade Well is a decent broker who brings a lot to the table while their leverage might seem capped for smaller accounts, it really comes down to the strategy you employ. If you are planning to trade with this broker, then start with the minimum deposit and then scale it up if it’s necessary. The sole reason why we are recommending this is because of the lack of feedback. It’s always better to be safe than sorry.

We invite you forward to share your experience with us in the comments section.

118 thoughts on “Trade Well Review – Trustworthy Crypto Broker?”

    1. Guten Tag
      Ich hatte in 2 Wochen von 25,000 einen Gewinn von über 120,000 USD gemacht alles alleine auf der Plattform. Sie haben mein Geld innert 20 minuten auf 7000 USD heruntergehandelt. Es war absicht. Ich wollte ein Teil des Geldes beziehen. Das sind Betrüger sie haben alles genommen. Bitte nicht investieren.

    2. They Cheated me over 100´000 USD. I took a lawyer. This is organized crime. I have recordet all the records and also the trades.

      1. Hi,did you get your money back.can share with what is your plan or startegy to get back your money..can we report them at visa and mastercard?

  1. Please don’t trust this company Tradewell. There are scammers and for me they tried to tell me how Elon Musk gave to them a special access to Quantum AI. It’s a big bullshit. Do not invest the money with them! Just think: If someone found a way to earn 1 million in 1 day, why to share it this? You will share it? Come on … don’t be naive

  2. Josef Zounek

    Hello all, just coming with an update. Another 3 weeks passed and I still do not have my money!!
    As Tony correctly stated above, YOU NEED TO MAKE 20 000 TIMES THE TURNOVER OF THE BONUS THEY GAVE YOU IN ORDER TO GET YOUR PROFITS!!! You can read it in bonus acceptance policy if you like.
    Example: The Client deposited 1,000 USD and received a 1,000 USD Bonus, then, the Required Leverage Amount will be 40,000,000 USD (= (1,000+1,000)*20,000)
    That practically means that you have to turnover 40million leveraged USD in order to be able to withdraw for the first time…

    After I posted my first comment, they finally tried to reach me, wanted me to trade again which I refused. I am giving the customer support last week to act and return at least the rest of my initial funds of USD1000.
    Then I will contact my lawyers and antifraud companies to protect the others who might be scammed in the future.

    1. I did 40,000,000 USD volume after I reached 125´000 the cheaded me in 25 min and my account was only worth 7´000 USD. The reason they did not want me to take the profit.

      1. Yes before you reach at volume goal they will cheat you.sothat all your profits and invesment will burn.they will not stop until your balance will gone sothat you cannot withraw.can we name all the account manager that scamm us sothat all their client still trading at them will aware on their scheme.

  3. Captain Crunch

    are you Taylor or Rose or Martin a few comments up? why would you leave the same comment with different emails? you look like a scam yourself mister. Or maybe just jealous?

  4. Concern also..but i believe the platform have potential..there are problem in widthrawal but some can succesfully widthraw.give it some time

  5. They are a scam! If the author would have chekced the registry information of the company they would found that the company has a Capital of 100€… I am sure any legit company would need to have a Capital of ten-thousands of euros at least, or even more. do not send them money or if you did… well i dont know. just dont give your account information to them or any private information (ID number, Photo of ID, bank statement, or such). they might try to steal your identity.

  6. its a scam for sure Ive lost 5000euros with them they just want you to invest more money and thats it . I cannot even log in to my account any more it seems like they have changed their website…

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