Trade245 Review 2023

Trade245 is a brokerage company that was founded in 2020. It operates under a license granted by the FSCA, the most reputable regulator in South Africa. The set of assets available for trading includes Forex and CFDs for various classes such as stocks, metals, commodities, cryptocurrencies, and stock indices. Trade245 provides the MetaTrader 4 and 5 platforms, leverage of 1:500, and accounts for various trading needs. The company stores client deposits in segregated bank accounts, transfers liquidity from Tier 1 suppliers, and executes orders moderately fast.To get more news about trade245 review, you can visit wikifx.com official website.

Trade245 is a fresh brokerage company from South Africa that serves traders worldwide. It offers trading CFDs on currencies, indices, stocks, metals, and raw materials with leverage. Clients are provided with the MetaTrader platforms, which can be used not only for active trading but also for algorithmic and automated trading activities.

Trade245 is regulated by the South African Financial Sector Conduct Authority (FSCA), which does not impose strict requirements on the available leverage and does not limit the choice of payment methods. So, traders can use borrowed funds in the amount of up to 1:500, or make deposits and withdrawals using electronic wallets and cryptocurrencies. All types of accounts have negative balance protection, so the client cannot lose more than what they invested, even when trading with leverage.

Trade245 offers cent, standard, and professional accounts with zero spreads, so it may be of interest to traders with various levels of trading experience and knowledge. The initial deposit is $100, but in the future, the client will be able to deposit in the amount of 5 USD or 95 ZAR. If a trader prefers transactions in cryptocurrencies, then there is an opportunity to deposit an amount from $60 in a digital equivalent.
Trade245 aims to become a versatile broker both for beginners and experienced traders. The broker is a partner of major liquidity providers, analytics, and news portals, so its clients have access to the best quotes and tools for professional market analytics. Trade245 is a regulated broker that ensures the security of clients’ funds, personal and payment data, and also offers a wide range of assets and trading accounts.

More than 12,000 financial instruments can be traded through Trade245. The broker does not give investment advice and does not accept capital in trust management. The trader independently builds a trading strategy and chooses a trading style, while the broker only provides the necessary tools. First, clients have access to various types of accounts: cent, classic, and swap-free, with near-zero spreads and bonuses. Trade245 also has apps with the same name for Android and iOS, but they are intended only for account management and payment transactions, and you cannot trade using them.

The regulator monitors the activities and financial indicators of Trade245. Its clients' deposits are stored in segregated bank accounts, which means the funds will be safe because the brokerage company cannot use them to pay off corporate expenses.