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Trade245
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Rating
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|---|---|
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| 3.6/5 |
| Website | https://www.trade245.com/ |
| Live Chat | No |
| Telephone | +270878288245 |
| Account Type | Bonus 100, Bonus Rescue, No Bonus, Swap Free, Zero Spread, Cent, VIX 75 |
| Regulations | FSCA |
| Min Deposit | No minimum deposit |
| Account Base Currency | USD, EUR, GBP |
| Max Leverage | 1:500 |
| Trading Platforms | MT4, MT5 |
| Markets | Forex Currency, Commodities, Indices , Stock, Cfds |
| Bonus Offered | Available |
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Trade245
|
Rating
|
|---|---|
|
| 3.6/5 |
Overview
Trade245 states that they are one of the largest stock exchange listed Forex and CFD brokers in the world.
With over 220,000 clients from around the world Trade245 started operating in 2002. It has grown to be a popular broker for retail traders.
They are a multi regulated forex broker with regulations in the UK under the FCA, CySEC in Cyprus, IFSC in belize and under the KNF in Poland. Trade245 has offices in over 13 countries including Poland, UK, Germany, France and Chile.
Accounts
This broker offers a standard and professional account types.
The standard account has fixed spreads as low as 0.3 pips and minimum lot size of 0.01 with no commissions.
Pro accounts have variable spreads starting as low as 0.3 pips. Islamic accounts are also available.
Minimum Deposit
No Minimum Deposit
Maximum leverage
1:500
Features
Negative balance protection is offered by Trade245 on every account type. There are over 1500 tradable instruments offered.
Trade245 offers its award winning proprietary platform xStation 5 and metatrader 4 in select countries.
The platform is available on desktop, mobile and web versions, which has superiors speeds and is easy to use. Trade245 also has client money protection under the financial services compensation scheme of up to £85,000 per person in the event of the company going into insolvency.
Education
Trade245 has an extensive education section on their site starting from basic, intermediate, expert and premium education.
Subsections of there education section include: Trading Academy, Live webinars, Help Center and Articles.
Deposits/Withdrawals
Like many brokers Trade245 offer these deposit methods: Credit/Debit Card, Skrill, Bank Wire Transfer, Paysafe, PayPal , Neteller and Other e-payments based on country.
All deposit methods do not incur and fees though Paypal and paysafe will incur a 2% fee on deposits.
Withdrawal fees are waived if the withdraw amount is above the currency threshold: 100usd, 80eur, 60gbp and 12000huf.
Customer service
Live chat is available 5 days a week 24 hours a day. Their customer support services are offered in over 18 different languages. They can also be reach via telephone and email.
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Trade245
|
Rating
|
|---|---|
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| 3.6/5 |
Founded In 2002, Trade245 Is Publicly-traded And Regulated In One Tier-1 Jurisdiction, Making It A Safe Broker (Low-risk) For Trading Forex And Cfds. ... Trade245 Is Also A Viable Option For Cryptocurrency Trading. Trade245 Provides Outstanding Customer Service And Won Our Award For #1 Phone Support.
Cryptocurrencies Trading Can Be Easier On The Xstation Mobile App. Get Access To 16 Instruments And 9 Individual Coins In A Few Seconds With The Push Of A Button.
Switching Between Accounts Is Quick And Easy, And You Won't Have To Re-enter Your Accounts Details. The Top-left Module Is The Market Watch Section, Where You'll Find A List Of Instruments Available To Trade On The Mt4 Platform In Trade245. ... With Mt4, You Can Choose From Forex, Commodities, Indices, Share Cfds And Etfs.
Founded In 2002, Trade245 Is Publicly-traded And Regulated In One Tier-1 Jurisdiction, Making It A Safe Broker (Low-risk) For Trading Forex And Cfds.
Trade245 Is A Solid Choice For Traders That Want To Minimize Their Costs, Whether It Be The Inherent Cost Of Placing A Trade (Bid/ask Spread) Or Not Having To Be Burdened With Extraneous Costs, Such As Wire Fees. Trade245 Offers Maximum Leverage Of Up To 500:1 For Non-u.k. Accounts While U.k. Accounts Get Up To 30:1 Leverage.
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Trade245
|
Rating
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|---|---|
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| 3.6/5 |