Tradewill offers 3 account types [Standard, Pro, Tradewill] with 0 trading commission on the Pro account; the spreads start from 0.0 pips on other 2 accounts.
The minimum deposit is $3 on the Tradewill account.
Tradewill Company Details and Regulating Authorities
Tradewill is a Forex broker with 1.2M+ monthly active clients, $80B+ monthly trading volume, and over 16.8M registered traders. Founded in 2019, It operates under two entities. Each one will be introduced here:
Tradewill Global Limited:
- Registered in Seychelles
- regulated by the Financial Services Authority (FSA) of Seychelles under license number SD111
- The legal address is Room B11, 1st Floor, Providence Complex, Providence, Mahe, Seychelles.
Tradewill Global LLC:
- Registered in St. Vincent and the Grenadines under the registration number 1365 LLC 2021
- The legal address is Euro House, Richmond Hill Road Kingstown, St Vincent and the Grenadines.
Tradewill Specifications and Details
In every Forex broker review, we have an overview of the company's features. Here is Tradewill's:
Broker | Tradewill |
Account Types | Standard, Pro, Tradewill |
Regulating Authority | FSA |
Based Currencies | USD |
Minimum Deposit | $3 |
Deposit Methods | Credit/Debit Cards, Wire Transfer, Cryptocurrencies, E-Payment Systems, etc. |
Withdrawal Methods | Credit/Debit Cards, Wire Transfer, Cryptocurrencies, E-Payment Systems, etc. |
Minimum Order | 0.01 Lots |
Maximum Leverage | 1:500 |
Investment Options | None |
Trading Platforms & Apps | MetaTrader 4, Proprietary Platform |
Markets | Forex, Commodities, Stocks, Indices |
Spread | From 0 on Standard and Tradewill Accounts |
Commission | Zero on the Pro Account |
Orders Execution | Market |
Margin Call / Stop Out | N/A |
Trading Features | Economic Calendar, Trading Glossary, Profit Calculator, Margin Calculator |
Affiliate Program | Yes |
Bonus & Promotions | None |
Islamic Account | No |
PAMM Account | No |
Customer Support Ways | Live Chat, Email, Ticket, Phone Call |
Customer Support Hours | 24/7 |
Account Types and Details
Tradewill offers three main account types. We will discuss these accounts in the table below:
Account Type | Standard | Pro | Tradewill |
Platform | MetaTrader 4 | Proprietary | |
Order Execution | Market | ||
Max. Leverage | 1:500 | ||
Min. Deposit (USD) | 10 | 200 | 3 |
Support for EAs | Yes | No | |
Moreover, a free demo account is available for testing trading strategies and getting familiar with the environment.
Account Opening and Identity Verification on Tradewill
Here's how to sign up with the broker:
- Visit the broker's official website;
- Click on "Register" or "Start Trading";
- Choose your country, provide your email address, and set a strong password;
- Confirm the two statements.
After these stages, your account will be created. For identity verification, submit the required documents and provide additional information.
Trading Platforms on TradeWill
Tradewill offers 2 trading terminals accessible on various devices. We will investigate them briefly in the next sections.
MetaTrader 4
MT4 is one of the most widely used platforms available in the industry with a decent range of technical tools and indicators. The platform is available on these operating systems:
Proprietary Terminal
The broker has developed a platform with signal alerts, funding options, and other necessary features, which is available on:
Spreads and Commissions
Usually, the most important difference between various account types in a broker is in their spreads/commissions. Let's review these on Tradewill:
Account Type | Standard | Pro | Tradewill |
Min. Spread | 0.0 Pips | 10 Pips | 0.0 Pips |
Commission per Lot | $10-15 | 0 | $10-15 |
Based on our investigations, there are no other fees for deposits, withdrawals, or inactivity periods.
Funding Methods and Withdrawal Options on Tradewill
The brokerage does not go into detail regarding the payment choices; it has just stated that these methods are available:
- Credit/Debit Cards
- Wire Transfer
- Cryptocurrencies
- E-Payment Systems
- And more
The exact options might be different regarding the client's region.
Are There Any Copy Trading Options or Other Investment Methods Provided on Tradewill?
Unfortunately, at the time of writing this article, the broker does not offer copy trading or any other investment features. We will update this webpage in case of any changes in this regard.
Are There Any Bonuses or Promotions Offered by Tradewill?
As of this review, this broker does not offer any specific bonuses or promotions. While this might seem like a drawback, remember that it is not a necessary feature in a financial brokerage.
Support Channels and Open Hours
Tradewill provides 24/7 customer support through multiple channels:
- Email: support@trade-will.com
- Live Chat: Available on the website
- Phone: +248 4224249
- Ticket System: Accessible via the site
The round-the-clock support is a nice touch, especially for traders operating in different time zones.
Trust Scores and User Evaluations
TradeWill's scores on Trustpilot and other reputable sources indicate a generally acceptable picture. Here is an overview:
- Trustpilot: 3.9/5 with +40 user reviews
- ScamAdviser: 56/100 Trustscore
- ForexPeaceArmy: 1.8/5 (3 reviews)
The number of scores on FPA is too low; therefore, we cannot consider that rating as a reliable one.
Conclusion And Final Words
Tradewill provides a list of 300+ financial instruments across 4 markets [Forex, commodities, stocks, indices].
The ScamAdviser platform has given a Trustscore of 56/100 to the brokerage and 40+ users have given an average rating of 3.9/5 to it on "Trustpilot".
