Tradewill

TradeWill Overview

Established in 2024 and registered in Saint Vincent and the Grenadines, TradeWill is an online brokerage firm regulated by the Seychelles Financial Services Authority (FSA, offshore) and the Australian Securities and Investments Commission (ASIC). The broker provides access to forex, metals, indices, and stock trading through MetaTrader 4 (MT4) as well as its proprietary platform, Trade W.

The company offers leverage of up to 1:500 and allows traders to start with a minimum deposit as low as $3 on the Trade W account. Spreads begin from 0 pips, though detailed information about deposit and withdrawal fees is not disclosed. Customer support is available 24/7 via live chat, phone, and email.

Pros

• Licensed under ASIC and offshore regulated by FSA

• Multiple account types with a very low entry deposit (from $3)

• MT4 supported along with Trade W platform

• Demo accounts offered for practice

• 24/7 live chat customer service

Cons

• Offshore regulation (FSA) poses higher risk

• No transparency regarding deposit and withdrawal fees

Regulation & Legitimacy

TradeWill is authorized under FSA Seychelles (License SD111) and also holds an Appointed Representative (AR) license regulated by ASIC in Australia (License 001292696). While ASIC regulation adds credibility, the offshore license from Seychelles should be considered with caution.

Tradable Instruments

The broker supports over 250 trading instruments across four categories:

• Forex

• Metals

• Indices

• Stocks

Other markets such as cryptocurrencies, bonds, ETFs, and options are not offered.

Account Types

TradeWill provides three account structures tailored to different trading needs:

• Standard Account: Minimum deposit $10, spreads from 0 pips, commission $10–$15 per lot.

• Pro Account: Minimum deposit $200, spreads from 10 pips, zero commission.

• Trade W Account: Minimum deposit $3, spreads from 0 pips, commission $10–$15 per lot.

All accounts support market execution, allow trading strategies such as EAs, and require a minimum lot size of 0.01. The minimum withdrawal is $10 across accounts.

Fees & Spreads

Spreads start at 0 pips on Standard and Trade W accounts, while Pro accounts carry a higher spread (10 pips). Commissions vary depending on account type, ranging from none to $15 per lot.

Trading Platforms

• Trade W: Available on desktop, web, iOS, and Android.

• MetaTrader 4: Supported on Windows and MacOS, making it suitable for beginners.

• MetaTrader 5: Not supported.

Deposits & Withdrawals

Deposit requirements range from $3 to $200 depending on the account type. Withdrawals start at $10. Details on transaction fees or processing times are not clearly outlined by the broker.