TRADEWISEFX

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About company:

The TradeWiseFX broker appeared in the online trading industry relatively recently, in 2015, but has already attracted the attention of many traders with its trading conditions. The brand is owned by Tradewise Ltd, registered in Saint Vincent and the Grenadines. TradeWiseFX is an STP / ECN broker that offers services to clients in over 50 countries. Trading instruments: currency pairs, metals, oil, natural gas, CFDs.

The company has three types of trading accounts. The first one, ECN Pro, offers variable spreads (the minimum spread for the EUR / USD pair is 0.1 pips), a small minimum deposit of $ 25, a commission of $ 2 per lot for Forex, $ 0.35 per lot for CFDs, $ 5 for metals. Scalping, hedging, and the use of automated advisors for trading are allowed. The leverage level depends on the trading instrument: for currencies and metals it is 1: 500, for CFDs - 1: 300. The number of currency pairs is about 60. The stop-out level is 100%. The Classic account offers similar trading conditions and opportunities: variable spreads, but higher than on ECN accounts (from 1.6 pips). However, no commission is charged on transactions. Leverage levels, the size of the minimum deposit are the same. On the third Autotrade account, you can trade using your own strategies or automated ones. Deposit size - $ 1,000, Spreads from 2 pips, no commission is charged. In addition, Islamic accounts, PAMM / MAM-accounts are available to clients, and if a trader makes a deposit of $ 5,000, he can use VPS-hosting for free.

Trading is carried out on the MetaTrader 4 terminal. The platform is the most popular among brokers and traders. MetaTrader 4 offers charting capabilities, over 30 signals and many other useful functions. The terminal is compatible with Windows OC. Also available on Android and Apple smartphones and tablets.

The support service is available by phone and email, and there is also a section with frequently asked questions on the site. The news section on the site informs about the current changes in the market. The site is presented in English.

You can deposit funds, along with bank transfers and credit cards, using electronic payment systems. The broker accepts USD and EUR for payment.

Among stocks, a trader receives $ 50 for each new client brought to the company. The welcome bonus is 50%, but you can withdraw funds by fulfilling certain conditions.

Read the latest traders' feedback on TradeWiseFX in the Comments section.

FAQ - BROKER QUESTIONS TRADEWISEFX

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Can the broker TRADEWISEFX be considered honest?
Before any trading and choosing a broker, you should always read reviews on our portal, as well as on other resources. Brokers that are honest have a rating above 3.8. There is also always a risk of losing investments when trading CFDs. Be careful and read the risk warning on the broker's website. TRADEWISEFX received a rating of 1 out of 5 on our resource.