Trade 245 Review 2026

Item: Trade245
Rating: 5.12
Author: Oleg Tkachenko

By: Oleg Tkachenko
Updated: May 06, 2026

Top Brokers Overview — United States

Min. deposit $100
Fees 8 /10
Account types 4 /10
Regulation 7 /10

5.1 /10

Moderate risk

Trade245 User Reviews 4.0
Commissions and Fees 8.0
Regulation and Safety 7.0
Account Types 4.0
Deposit and Withdrawal 6.7
Markets and Tradable Assets 4.8
Trading Account Opening 9.0
Customer Support 2.3

Trade245 Pros & Cons

Works under the license of a reputable financial regulator.
Availability of training and cent accounts.
Narrow floating spreads are on par with its competitors.
Protection against a negative balance on all types of accounts.
High leverage on all financial instruments.
Provision of MT4 and MT5 trading terminals.
Free education webinars and articles on the website.

The minimum deposit amount is $100, including cent accounts specifically for beginners.
No online chat for quick communication with technical support.
Deposit bonuses are awarded only for one account type.

TU Expert Verdict

Trade245 demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.

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Trade245 User Reviews

Score:

4 /10

4 total

5-star

0%
4-star

0%
3-star

50%
2-star

0%
1-star

50%

The fact that Trade245 operates under license from a reputable financial regulator truly inspires confidence. It shows that the broker adheres to established standards and guarantees the safety of customer funds. The platform seems reliable and trading conditions are generally attractive. But the minimum deposit of $100, even for cent accounts, which are generally designed for beginners. For some, this is a small amount, but for me, as a beginner trader, it's still a bit too much. It would be more practical if the broker offered more affordable entry options to try trading with minimal risk.

Le fait que Trade245 opère sous licence d'un régulateur financier réputé inspire vraiment confiance. Cela montre que le courtier adhère aux normes établies et garantit la sécurité des fonds des clients. La plateforme semble fiable et les conditions de trading sont généralement attrayantes. Mais le dépôt minimum de 100 $, même pour les comptes cent, qui sont généralement conçus pour les débutants. Pour certains, c'est un petit montant, mais pour moi, en tant que trader débutant, c'est encore un peu trop. Il serait plus pratique que le courtier propose des options d'entrée plus abordables pour s'essayer au trading avec des risques minimes.

A major drawback is the lack of online chat for rapid communication with technical support. It seems that Trade245 isn't particularly concerned with customer convenience, as the ability to get help quickly is very important, especially in trading. You have to use other methods of communication, which isn't always convenient, but it has everything I need at this stage. The trading conditions are satisfactory, the platform works stably and, so far, my experience of cooperating with the broker has been generally positive. That's why I'm staying here, despite the drawbacks.

L'absence de chat en ligne pour une communication rapide avec le support technique est un inconvénient important. Il semble que Trade245 ne se préoccupe pas particulièrement du confort de ses clients, car la possibilité d'obtenir rapidement de l'aide est très importante, en particulier dans le domaine du trading. Vous devez utiliser d'autres méthodes de communication, ce qui n'est pas toujours pratique.
Néanmoins, il dispose de tout ce dont j'ai besoin à ce stade. Les conditions de trading sont satisfaisantes, la plateforme fonctionne de manière stable et, jusqu'à présent, mon expérience de coopération avec le courtier est généralement positive. C'est pourquoi je reste ici malgré les inconvénients.

The broker is bad, very picky in paperwork. $100 deposit, fools are lured! Employees are intrusive. I do not advise.

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Commissions and Fees

Score:

8 /10

The trading and non-trading commissions of Trade245 have been analyzed and rated as having Low fees, with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.

Low Forex trading fees
Tight EUR/USD market spread
No inactivity fee
No deposit fee
No withdrawal fee

Complex fee structure

Trading Fees and Spread

Below, we evaluated and compared the trading commissions of Trade245 with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.

Standard Account Spread

For Standard accounts, Trade245’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.

Trade245 Standard spreads
	Trade245	OANDA	FOREX.com
EUR/USD min, pips	0.1	0.1	0.7
EUR/USD max, pips	0.5	0.5	1.2
GPB/USD min, pips	0.1	0.1	0.9
GPB/USD max, pips	0.5	0.5	1.4

RAW/ECN Account Commission And Spread

The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.

Trade245 RAW/ECN spreads
	Trade245	OANDA	FOREX.com
Commission ($ per lot) The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency).	3	3.5	5
EUR/USD avg spread	0.1	0.15	0.2
GBP/USD avg spread	0.15	0.2	0.4

Non-Trading Fees

We conducted a detailed analysis of the non-trading fees associated with Trade245. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.

Trade245 Non-Trading Fees
	OANDA	FOREX.com
Deposit fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks.	0	0
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks.	0-15	0
Inactivity fee ($, per month)	0	15

Is Trade245 Safe?

Score:

7 /10

Trade245 has a safety score of 7/10, which corresponds to a Medium security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.

Is regulated
Negative balance protection
Track record over 10 years

Not tier-1 regulated

Trade245 Regulators and Investor Protection
Abbreviation	Full Name	Country of regulation	Investor Protection Fund	Regulation Level
FSCA SA	Full Name Financial Sector Conduct Authority of South Africa	Country of regulation South Africa	Investor Protection Fund No specific fund	Regulation Level Tier-2
The Financial Commission	Full Name The Financial Commission	Country of regulation International	Investor Protection Fund Up to €20,000	Regulation Level Tier-3

Trade245 Security Factors
Foundation date	2016
Negative balance protection	Yes
Verification (KYC)	Yes

Account Types

Score:

4 /10

Trade245 offers the following account options: Demo, Standard, ECN/Raw spread, Cent, Micro, Swap Free.

Trade245 covers the core account types, making it convenient for traders with different preferences and strategies.

Cent account for beginners
Tight spread ECN account
Demo account

No VIP account option

Trade245 account types vs top competitors
	Trade245	Trading.com	Plus500
Standard	Yes	Yes	Yes
ECN/Raw spread	Yes	No	No
Demo	Yes	Yes	Yes
Cent	Yes	No	No
Micro	Yes	No	No
Swap Free	Yes	No	Yes
VIP	No	No	No
Managed	No	No	No

Trade245 accounts trading conditions

Trade245 offers a choice of six types of accounts. All have variable spreads and allow trading with leverage up to 1:500. Trade245 clients can have an unlimited number of accounts.

Account types:

Account Type	Description
Cent	Is an account for trading micro lots in the MT4 terminal.
VIX 75	Is a 24/7 account for transactions, available on the MT5 platform.
Zero Spread	Is an MT4 account for experienced traders with near-zero spreads and a commission per lot of $10.
Bonus 100	Is a standard MT4 account where a deposit bonus is available.
No Bonus	Is an account with the same Bonus 100 trading conditions but without accrual of bonus funds.
Swap-Free	Is a trading account for free next-day swaps that can be opened in the MT4 terminal.

The broker's clients can create an unlimited number of demo accounts on MT4 and MT5 platforms.

Trade245 has adapted the conditions of accounts for various groups of traders, which allows both beginners and professionals to trade Forex comfortably.

Deposit and Withdrawal

Score:

6.7 /10

Trade245 received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.

Trade245 provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.

USDT (Tether) supported
Bitcoin (BTC) accepted
Low minimum withdrawal requirement
Bank card deposits and withdrawals

Wise not supported
BTC not available as a base account currency
Limited deposit and withdrawal flexibility, leading to higher costs

What are Trade245 deposit and withdrawal options?

Trade245 provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller, BTC, USDT, Ethereum.

Trade245 Deposit and Withdrawal Methods vs Competitors
	Trade245	Trading.com	Plus500
Bank Wire	Yes	Yes	Yes
Bank card	Yes	Yes	Yes
PayPal	No	No	Yes
Wise	No	No	No
BTC	Yes	No	No

What are Trade245 base account currencies?

A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs. Trade245 supports the following base account currencies: USD, GBP, ZAR, USC.

What are Trade245's minimum deposit and withdrawal amounts?

The minimum deposit on Trade245 is $100, while the minimum withdrawal amount is $10. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact Trade245’s support team.

Markets and Tradable Assets

Score:

4.8 /10

Trade245 offers a limited selection of trading assets compared to the market average. The platform supports 0 assets in total, including 50 Forex pairs.

50 supported currency pairs
Crypto trading
Indices trading

No ETFs
Copy trading not available

Supported markets vs top competitors

We have compared the range of assets and markets supported by Trade245 with its competitors, making it easier for you to find the perfect fit.

	Trade245	Trading.com	Plus500
Currency pairs	50	69	60
Total tradable assets The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions on CFDs.		69	2800
Stocks	Yes	No	Yes
Commodity futures	Yes	No	Yes
Crypto Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.	Yes	No	Yes
Stock indices	Yes	No	Yes
Options	No	No	Yes

Investment options

We also explored the trading assets and products Trade245 offers for beginner traders and investors who prefer not to engage in active trading.

	Trade245	Trading.com	Plus500
Bonds	No	No	No
ETFs	No	No	Yes
Copy trading	No	No	No
PAMM investing	No	No	No
Managed accounts	No	No	No

Trading Account Opening

Score:

9 /10

We successfully registered an account with Trade245 in 12 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at Trade245 is $100.

This is one of the most accessible and hassle-free onboarding procedures on the market.

Low minimum deposit requirement
Fully online account opening process
Fast registration time (up to 15 minutes)

Account approval may require extra time depending on the documentation.

Trade245 account opening
	Trade245	Trading.com	Plus500
Online Registration	Yes	Yes	Yes
Minimum deposit	$100	$50	$100
Mandatory KYC	Yes	Yes	Yes
Registration time (min)	12	20	5
KYC time (days)	2	2	3

Is Trade245 available in my country?

If you are a citizen of United States, the broker accepts clients from your country.

Please note that availability may vary due to regulatory requirements, so we recommend confirming directly with the broker for the most accurate and up-to-date information.

Account opening details

If you plan to start Forex trading through Trade245, then you need to create a user account. It is possible to open an account, pass verification and download a trading terminal from there. A quick guide to creating a user account:

Go to the main page of the Trade245 website. Scroll down a little and you will see the registration form. Enter your name and surname, email address, and select the country you live in. Also, come up with a password to protect your user account and enter it into the form. Confirm that you are over 18 years of age and click the "Register now" button.
Now you have an account with Trade245, but it still needs to be confirmed. The broker will send an email with a confirmation link right after you complete the registration form.
Find the email from Trade245 in the inbox. If the message is not received from the broker, check your "Spam" folder. If there is still no message, make sure that the mailbox is not overfilled and active.
After clicking on the link in the message, the system will redirect you to the main page of the Trade245 website. Click the "Login" button to log into your user account. Enter your email address and login password.
First steps after creating a Trade245 user account:
- Passing verification.
- Opening an account for Forex trading.

Buttons and features of your user account:

Dashboard. This section is used to create new accounts, and view news and quotes.
My Profile. Using this section, you can change or add personal and financial details, or link a bank account.
My Wallet. This is a section for making payments, containing such functions as making deposits, transferring funds between open accounts, and submitting a withdrawal request.
Trading accounts. This section shows trading statistics for open accounts.
MetaTrader. This section contains installation files for MT4 and MT5 desktop terminals.

Customer Support

Score:

2.3 /10

Trade245 demonstrates a low level of customer support reliability. Contacting support can be difficult, and responses may be significantly delayed or incomplete.

During testing, managers were slow to respond or failed to provide sufficient assistance. Such a support level may create risks for traders who require timely issue resolution.

Information

Traders can ask their questions to the support service at any time, as operators work around the clock. However, this can be done only 5 days a week, from Monday to Friday.

Representatives of the broker actively answer questions from users on Instagram
Email responses are provided within 1-2 hours

Saturday and Sunday are days off
There is no online chat
Few communication channels

This broker provides the following communication channels for its clients:

phone call;
email.

The brokerage company has profiles on Instagram and Facebook.

Contacts
Foundation date	2016
Registration address	Red Pine Capital (PTY) Ltd, St Andrews Office Park Block A, 39 Wordsworth Avenue, Senderwood, Gauteng, 2007, South Africa
Official site	https://www.trade245.com/
Contacts	support@trade245.com

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FAQs

How competitive are Trade245’s forex commissions and non-trading fees?

Trade245’s overall fee level is described as low, with a commissions and fees score of 8/10. Standard accounts use floating spreads, with typical EUR/USD and GBP/USD spreads ranging from 0.1 to 0.5 pips, while RAW/ECN accounts have average spreads of about 0.1–0.15 pips plus a $3 commission per lot. Non-trading fees are limited, as there are no deposit, withdrawal, or inactivity fees specified for Trade245 in this section.

What types of trading accounts does Trade245 provide and how do they differ?

Trade245 offers six main account types, including Cent, VIX 75, Zero Spread, Bonus 100, No Bonus, and Swap-Free accounts, all with variable spreads and leverage up to 1:500. The Cent account is designed for micro-lot trading on MT4, Zero Spread has near-zero spreads with a $10 commission per lot, and Swap-Free accounts remove next-day swaps. The broker also allows an unlimited number of live and demo accounts on MT4 and MT5, and does not provide VIP or managed account options according to this section.

What do Trade245 user reviews and feedback indicate about overall satisfaction?

Trade245 has a user satisfaction score of 4/10 based on four reviews, with 50% rated 3 stars and 50% rated 1 star. This distribution suggests that overall impressions are mostly negative, with no 4- or 5-star ratings reported. According to user reviews, experiences appear mixed to unfavorable rather than strongly positive.

What deposit and withdrawal methods and conditions are mentioned in Trade245 reviews and feedback?

The deposit and withdrawal section notes that Trade245 supports bank cards, bank wire, Skrill, Neteller, BTC, USDT, and Ethereum, with no stated deposit or withdrawal fees. The minimum deposit is $100 and the minimum withdrawal is $10, though these may vary by account type and payment method. User-oriented comments in this section highlight that PayPal and Wise are not supported and that funding flexibility is described as limited, contributing to a medium score of 6.7/10 for this area.

What markets and instruments can be traded with Trade245, according to available feedback?

Trade245 is reported to offer 50 currency pairs along with access to stocks, commodity futures, cryptocurrencies, and stock indices, but not options. The review notes that the overall selection of trading assets is limited compared with the market average, and that there are no bonds, ETFs, copy trading, PAMM investing, or managed accounts. Based on available user reviews in this section, the product range may suit straightforward trading needs but is not positioned as a broad multi-asset or investment platform.