TradeWiseFx reviews

TradeWiseFx_logo TradeWiseFx 6/10 (votes 2521)

On-line since: 2015
Country of origin: Saint Vincent and the Grenadines
Regulation: FSA
Payment options: bank transfers, Skrill, Neteller (Giropay, Bitcoin), OKPay, FasaPay
Minimum account size: $25
Minimum lot size: 0.01 lots
Leverage: 1:500
Spreads: from 0 pips

TradeWiseFX is owned by Tradewise Ltd, based in Saint Vincent and the Grenadines and serving customers around the world.

TradeWiseFX offers trading in over 60 currency pairs, gold, silver, crude oil, copper, natural gas, and also main index CFDs such as DAX 30, FTSE 100, Dow Jones 30, S&P 500, Nasdaq 100, ASX, IBEX35, CAC 40, MIB and SMI.

The company is registered in St. Vincent and the Grenadines with the local Financial Services Authority as an International Business Company.

Types of trade accounts of TradeWiseFX:

  • CLASSIC. A classic account has variable spreads starting from 1.2 pips. The account can be used by beginners or traders who want to start with a smaller initial deposit and avoid paying commissions.
  • ECN PRO. The account has spreads starting from 0.0 pips. It is the best choice for scalpers, automated traders and other professional forex participants. The liquidity comes from global banks.
  • AUTOTRADE. These accounts are developed in cooperation with Myfxbook. The minimum deposit is $1,000. Clients can trade with proven profitable automated strategies or employ their own strategies.
  • PAMM/MAM. Owners of these trading accounts can manage several accounts at a time.
  • ISLAMIC ACCOUNT. The swap-free account.

Trading conditions of TradeWiseFX:

  • Trading platform MetaTrader 4, which comes in PC and mobile versions;
  • Execution models ECN, DMA, NDD, and STP;
  • Base currencies USD, EUR;
  • Average execution speed is 0.2 seconds;
  • Market execution;
  • All trading styles are accepted, hedging is allowed, the FIFO rule is not applicable.

TradeWiseFX runs a variety of promotions:

  • Cash rebates amounting to $2/$6 per lot traded for ECN/Classic account holders, respectively, with the minimum $250 deposit. The service applies to forex trades only.
  • The 50% welcome bonus for clients with deposits of at least $100. The bonus may be withdrawn when certain trading volume is reached.

The site of the broker is available only in English.

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Comments about broker

Harrya trader
review TradeWiseFx
09-06-21

TradeWiseFX is a recommended broker. They are handling clients nicely and professionally. I have been trading with them for more than 2 years, and I never get into huge trouble since I joined them. I'm trading in main currencies such as EUR/USD and USD/GBP. I'm trading in a Standard account, and I got a lot of benefits. Their platform keeps stable. Also, I like their average 1.5 pips on EUR/USD. I used to withdraw my fund through bank transfer and never had a problem with that. I'm so pleased and satisfied to trade with them. For sure, I will keep trading with them.

Nukas trader
review TradeWiseFx
10-03-21

I do really trust that TradeWiseFX is one of the best in the field of forex market. With USD3500 initial investment, trading for 4 months I have withdrawn USD 2500 in profit and my account balance at the moment is USD4021. They provided me with an account manager and he respond all my queries about trading which is just awesome.

Prateek trader
review TradeWiseFx
03-02-21

The minimum initial deposit at TradeWiseFX and it attracted a lot of clients. But the downside of trading with this broker is their high fees. I also invested on this broker but I closed my account after two month because the fees are no longer reasonable. It is not worth it to trade at this broker.

Verza trader
review TradeWiseFx
15-09-20

Before I joined this broker, they explained that I can get a bonus when my trading volume has been reached, and I have reached that trading volume, but they have reasons that make me not trust this broker anymore. I will stop all my trading activities. The company kept delaying it and they don't answer promptly.

Ruben trader
review TradeWiseFx
15-09-20

I have been trading with TradeWiseFx for 6 months, and I would say that TradeWiseFx has the best customer support service which always helps me fix my problem during trading. I got 50% welcome bonus at the beginning. I started to trade following their guidance and it brings me to earn profit. They have a stable platform with fast execution and lowest spreads. I have made profits 4 times and calculated the profit I earned, it's already around $670. They also process my withdrawal requests easily and quickly. Thanks to TradeWiseFx, I have a side income now. It's really profitable. I would recommend TradeWiseFx.

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