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.
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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
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| Crypto Betting Platform (CFDs) |
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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. 
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.
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| Crypto Betting Platform (CFDs) |
| Best International Crypto Exchange - Buy/Sell BTC & other Cryptocurrencies |
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.
I am coming with an update. Tradewell has returned me the initial funds on my card! But the profits made on my account I would be able to touch only until the turnover of 20 000 times the bonus given has been reached 🙁
But at least I got my money back although it took 3 months time.
Josef, Im in the same boat – how did you do it – send them an email cancelling your account?
Die sind aus Amerika und Englang
Hallo Jimmy,
können wir etwas zusammen machen? Ich hab’ 243 Euro zurückbekommen aber mehr wird es leider nicht geben….
Ist jemand aus Arizona 14455 N.Hayden Road in Arizona 85260 dort kannst du nachfragen wer der Eigentümer ist von Tradewell.
The 14455 N. Hayden Road is Digital Solutions in Scottsdale, Arizona. Web site design is the business. It does come up on Google Maps. Digital Solutions is a copyright name. Nothing with Tradewell comes up other than Tradewell Tax and Finances in Indiana.
They are in South Africa
Gib bitte die adresse ein da kommt nur ein court appartment in south africa. die Betrüger sind in Amerika ich bin bald so weit ich habe bereits ein Mail an die Polizei in Arizona geschickt
It seems I am not the only one lost my money because of this scam company, is there anything we can do to protect others from failing in the same mistake, and stop this shit.
Kann mir jemand sagen wo diese Betrüger leben nicht in south africa die sind in America oder in England hat jemand eine Adresse. Ich habe jedes gespräch aufgenommen. Ich vermute sie treten unter einem falschen Namen auf. Ich habe genug kraft und power die leute auf die Strecke zu bringen.
I think the mother company Invest Support Ltd. is bogus. I tried Google Maps to locate 5, 1B Dimcho Debelyanov street, 1113 Sofia, Bulgaria. Could not find the name and any part of the address used together. I tried finding the phone number +3726094190. It was in Estonia.
I had aVery bad experience with…
I had aVery bad experience with tradewell proker, please take care before you deal with them, after i gain a good profit almost 100% of my investments my account manager intentionally lost all my money just to force me to invest more (suddenly he raises my leverage to 1:40 then put a position last for less than a second to find my account lost 14000).
it didn’t stop at this point as after I recover my account to 11000 they have another surprise for me i was told that all I can withdraw from my account is 3400$ and the rest of the money is belong to the company and even this amount I am not sure I can get them, please take care and don’t repeat my mistake.
Carefull yasser.once they they force to upgrade your leverage to 1:40.then they will instruct you to trade a scamm crypto..that is the sign that they will your balance going to zero and cannot widthraw.
Your experience sounds similar to mine. My account manager just wanted to show me something or so she said. All of a sudden I clicked the mouse and $8000 of my $8050 was gone. Now I am given the option to bring my account back to the point where it was. I think only a maximum of 45% of that money I is actually mine. I accidentally clicked sell. Their platform must be rigged.
Same happen to me.when my manager cannot manipulate to bring up my account..he used another manager to bring down my balance.in less than a second..from $5000 balance it went to $800.this is organized syndicate.everyone of them must me broght to justice.
Its not accident.they intentionally destroted your account sothat you cannot widthraw and thry will force to deposit more money..they call it recovery specialist..that is theur modus..they will intentionally wipeout the account if their client..they will increase the leverage to 1:40.thrn they will instruct you to buy/sell scamm crypto.then in one second your balance goes to zero.be carefull to the account manager justine block and david johnson.they are scammer ..they will manipulate untill they destroy your account.
Actually I read all what was written here after depositing the first 250$ after being redirected to them through a link in article that was speaking about Quantum AI and I tried to withdraw the money but the account manager Adam Lange tried to convince me that it’s just a people who lost their money and they were working on their own without listening to advice of the company and he asked me to give him just a 5% of trust and he told me that the amount of money is not big as an investment comparing to the revenue and he convinced me to add more money so as a stupid I put another 400$ and this is how the story goes. it’s really an organized crime of fraud as someone have mentioned here and I don’t think that any legal action might get any result.
– the company is not regulated ” I think most of the crypto companies that work only in crypto currencies are not regulated ”
– The account is verified by your identity and bills of a dress and copy of your credit card “that was in my case I don’t know about the othere’s”
– they make you sign on everything they do and that you agree about it.
– After making sure that your account is verified, they will make make trades and of course we’re as naive people and we think that we’re new clients for the company and they want to help us making some profit to stick with them so they go through a sharing screen program and they
will raise the leverage for you “so any trade will be done will be with a big amount and the commission that goes to the company is high and he will make you open the big trades and close it after one second so it will close in lose making all this money goes to the company as a spread and commission and that’s how they play it to look legal 100% the money went to the company as a commission of a wrong trades that you made it by yourself. Thank God that I didn’t put a lot of money i feel so sorry for the people here who were victims for such thieves
BIG SCAM and ORGANIZED FRAUD
Bitte beachte es wird in Amerika ein neues Gesetz geben wo alle von der SEC überprüft werden ich werde es verhinder das Sie die Plattform Lizenz bekomnen. Ich habe alle aufzeichnungen von jedem trade. Es kommt die Zeit wo sie sich anmelden müssen dann werden auch die namen bekannt. Ich lasse diese Leute verhaften. Ich kann alles nachweise wo ein sell signal war hat er gekauft das sind straftaten die niemand akzeptieren muss. Ich bleibe über Jahre hinweg dran ich habe Zeit ich habe bei der höchsten Polizei instanz gearbeitet. Jeder bekonmmt was er verdient. Ich werde sie zerstlören wie sie es mit uns gemacht haben.
File a complaint in visa and mastercard..fuke also complaint in your country in securit and exchange comiision to blocklist this site.report this in anti cyber crime division.
Did you get back your money
busy.org/@ava77/attention-guys-new-active-scams-the-scams-of-the-day-10
The reviews say it all, it is a scam site, lost most of my money in one day on trades they picked and they had the nerve to ask me to deposit more money to get back what they lost. I can’t get back what I have left because of the so-called bonus contracts they get you to sign. Stay well clear of this site.
The same happened to me, Lee. Definitely a scam. When you’ve lost everything and refuse to deposit any more, they won’t touch you with a bargepole.
I think I’m about to get back some of the money I deposited but let’s wait and see.
I would be interested to know if you do get anything back.
I got about €243 back but they immediately closed my account. I’m going to ask for it to be reopened. I am not going to just sit back and let them run off with my money.
I think your lucky you got anything back. The way they have set it up mean you can’t do anything to them.
Has someone the an Idea where the destination is. Has someone the address and the street. This guys have to be disappear from this planet.
I think they are in Cape Town, South Africa but I’m not sure. They could be anywhere really.
Die adresse ist nur ein court apartment schau auf google erath. Die sin in England oder in Amerika bitte nenne mir alle Traders namen
Einer heisst Costa Franco.
Brad Sawyers ist noch ein Name
Did you received your money yet