Wikilix
trade245 logo

trade245

No Regulation
Cyprus
Since 2020
Last Updated:

Trading Conditions

Min Deposit:
N/A
Max Leverage:
500
Account Types
N/A

Official website

Homepage of trade245.com as we captured it

trade245.com

Online · checked Sep 10, 2026

7 pages archived · Sep 30, 2026

Funding Methods

4 methods

Skrill/Neteller

e wallet
Instant
Fee:Not recorded
Fee:Not recorded

LetKnowPay

crypto
Instant
Fee:Not recorded
Fee:Not recorded

Ozow/Capitec Pay/Peach Payments

other
Instant
Fee:Not recorded
Fee:Not recorded

Bank Transfer

bank transfer
Instant
Fee:Not recorded
Fee:Not recorded

Trust rating

Fair

50 out of 100 · 79% checked

Our investigation rated it high risk and could not verify it, and our investigation found it is high risk and could not be verified.

Capped at 50 · High risk, unverified

Regulation—Not shown

We checked trade245 on 2026-10-27 across its company record, client terms, trading offer and service, and could verify 79% of its record. The score was held at 50 because our investigation rated it high risk and could not verify it. What would move the score: verified age, withdrawal rails, pricing disclosed per account type. Our published investigation found it is high risk and could not be verified. Its client terms carry high risk, with 3 critical clauses.

Score last calculated 2026/10/27

No regulation
Your deposit is not protected by any financial authority.
What this means

Company Information

Full Name:Trade245 (Pty) Ltd
Founded:2020
Headquarters:Cyprus
Enterprise Offices:1offices

Customer Support

Phone:
—
Live Chat:
24/7
Response Time:
—
Languages:
English
Scroll Down

Is trade245 a scam?

Wikilix independent safety report

Read the full report
55%Scam risk
High risk (unverified)Confidence: MEDIUM
3.0/5Safety rating 3 out of 5

Trade245 is a genuinely FSCA-regulated South African broker, but it carries a serious and unresolved pattern of withdrawal complaints, so we rate it high risk rather than safe. It operates as an auth…

Risk scorecard · each area scored 0 (clean) to 10 (worst)

Regulation5/10 · ModerateIdentity & transparency4/10 · ModerateWithdrawals & conduct8/10 · CriticalReputation7/10 · HighWebsite claims4/10 · ModerateOperational history3/10 · Low

What trade245 legally published, but does not want you to read

Wikilix contract reading ·

High contract risk

Trade245's homepage promises negative balance protection. Four of its own documents say losses can exceed your deposit and you owe the shortfall. You contract with RocketX (Pty) Ltd, not Trade245. The contract bans trading robots on a MetaTrader 5 platform and lets RocketX void the trades. You get two business days to dispute a trade. No document says how long a withdrawal takes.

3Critical clauses
12Clauses flagged
15Documents read
7.2/10Contract risk
Read the full terms report8 more clauses, each with its wording, clause number and source
Editorial review
Updated

Broker Summary

What Wikilix has recorded about trade245: its history, the licences it holds, its trading conditions and its fees.

Overview

Trade245 claims to be an online broker offering forex, CFDs, commodities, and indices trading amongst others. From what is written on its own website, it operates under the legal entity Red Pine Capital (PTY) LTD and, allegedly, is regulated by the Financial Sector Conduct Authority of South Africa (FSCA) with FSP No. 46044.

Trade245 also advertises access to popular trading platforms, including MetaTrader 4/5, flexible leverage, and a host of trading instruments at leverage as high as 1:500, its marketing material states.

Key Features & Services (as Claimed)

• Asset Coverage: Forex pairs, CFDs on commodities, indices, possibly other asset classes.

Trading Platforms: MT4 and MT5 compatible, desktop, and mobile device access is provided according to the broker's website.

•Leverage & Entry Conditions: up to 1:500 leverage is advertised.

Account Services & Payment Methods: Some sources show that Trade245 supports multiple payment and withdrawal methods, such as bank transfers, e-wallets, and possibly crypto to facilitate access for international traders.

Regulatory Status & Transparency Issues

• Disputed Regulatory Legitimacy: While Trade245 claims FSCA regulation through Red Pine Capital (PTY) LTD, independent reviews raise a number of serious doubts. It would seem there is no evidence on the official registries of the FSCA that links the domain/trading name to a license in good standing, which would indicate misleading/misused claimed regulation.

• Flagged by Independent Reviewers: Many reviewers and watchdog analyses refer to Trade245 as a “clone-scammer” or a high-risk brokerage owing to issues such as fund withdrawal problems, poor transparency of the company, and suspicious business structuring.

• Low Website Trust Score: The web-site reputation scan returns the website with a very low trust rating, since concerns have been flagged for reasons of low traffic and visitor count, negative reviews, and association with "high risk" financial services.

Complanits & Issues Reported

• Withdrawal Problems & Account Blocks: Customers complain of either delays, declines, or complete disregard for withdrawals; some even claim to have faced account suspension upon withdrawing.

• Poor or Unresponsive Customer Support: Many reviews made mention that support from trade245 is unresponsive or sends generic responses, once money is deposited, and support will disappear once there is an issue in withdrawing it.

• Misleading and Unfair Trading Conditions: Some traders complain of suspicious behavior-for example, widening spreads, nonfilled orders, or requotes-around news events that caused the constant losses ("they hunt your deposit").

Mix/Negative reputation: Trade245 has extremely poor ratings on user-review platforms like Trustpilot, circa 1.5 stars out of 5-star reviews, where clients left a 1-star review for the purpose of warning others about this broker.

Summary & Recommendation

Trade245 markets itself with many features typical of modern online brokers: a variety of assets, access via MT4/MT5, leverage, and flexible payment options. This may sound attractive on paper to traders seeking high flexibility and broad market exposure.

Taken together, dubious regulatory claims, problems with credibility pointed out by independent reviewers, and innumerable user complaints about withdrawals and service raise very serious questions about the broker's reliability and integrity.

Based on the volume and consistency of the negative reports, including what many describe as the withdrawal "roadblocks" or alleged manipulation, Trade245 should be regarded as high-risk and possibly unsafe. If one is considering brokers now, or someone is, it would be much safer to rely on a firm presenting clear, verifiable regulation, transparent fund protection, and documented user satisfaction instead of trusting a platform bearing as many red flags as Trade245.

Website archive
Captured

Website snapshots

7 full-page captures of trade245's own site, archived so what they said can still be read after the pages change.

7 pages
Homepage
Legal Documents
Account Types
Trading Conditions
Contact Us
Promotions & Bonuses
Trading Platforms
Captured by Wikilix from the broker's live site. Open any shot to read it full size.
Regulation check

Regulatory Licenses

We have not confirmed any regulation for trade245. Money deposited with an unregulated broker is protected only by the company itself.

No regulation

Trading with an unregulated broker puts your deposit at risk.

No regulation

We have not confirmed any regulation for trade245. An unregulated broker is not supervised by a financial authority, and money you deposit is protected only by the company itself.

What this means for you

  • No compensation scheme covers your funds.
  • No regulator to escalate a complaint to.
  • No audit of how client money is held.
View other brokers
Deposits & withdrawals

Funding Methods

4 ways to fund an account. 4 credit instantly.

4 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Skrill/NetellerE-WalletNot recordedNot recordedNot recordedNot recordedNot recordedInstant
LetKnowPayCryptocurrencyNot recordedNot recordedNot recordedNot recordedNot recordedInstant
Ozow/Capitec Pay/Peach PaymentsOtherNot recordedNot recordedNot recordedNot recordedNot recordedInstant
Bank TransferBank TransferNot recordedNot recordedNot recordedNot recordedNot recordedInstant
Fees, limits and processing times as published by trade245, recorded by Wikilix.
Trading software

Trading Platforms

2 trading platforms on record: MetaTrader 5 and MetaTrader 4.

2 platforms
  • MetaTrader 5 logo

    MetaTrader 5

    by MetaQuotes Software Corpsince 2010Developer site

    MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.

    Details
  • MetaTrader 4 logo

    MetaTrader 4

    by MetaQuotes Software Corp.since 2005Developer site

    MetaTrader 4 (MT4) is a popular trading platform for Forex and CFDs, offering advanced charting, automated trading via Expert Advisors, and fast, reliable execution.

    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Legal entities

Corporate Network

One legal entity behind the trade245 brand.

1 entity
  • Red Pine Capital (PTY) LTDActiveCyprusRegistration 46044Established Jan 31, 2020
Entities named in the broker's own documents and company registers, recorded by Wikilix.
Company registry check
Checked

Company Registration

trade245 names Trade245 (Pty) Ltd as the operating company. We could not confirm that registration on the registry.

Not confirmed on registry
Legal entity
Trade245 (Pty) Ltd
Registration number
2020/539887/07
Jurisdiction
South Africa
Registry
CIPC (Companies and Intellectual Property Commission)
Registered address
Flexisuites, 141 Corobay Avenue, Menlyn, Gauteng, 0181, South Africa
From our latest investigation
Frequently Asked Questions

Frequently Asked Questions

Common questions about trade245

Most Popular Questions
Trade245 offers a maximum leverage of 500. This leverage applies to their trading accounts.
Trade245 supports several instant processing deposit and withdrawal methods including Skrill/Neteller e-wallets, LetKnowPay crypto payments, Ozow/Capitec Pay/Peach Payments, and Bank Transfers.
Trade245 offers MetaTrader 4 and MetaTrader 5 platforms, both available on desktop. These platforms support Forex and CFD trading with features like advanced charting and automated trading.
Trade245 holds licenses from the Moroni International Services Authority in Australia and the Financial Sector Conduct Authority in South Africa.
Still Need Help?

Can't find what you're looking for?

Our support team is here to help you get the answers you need.

Comments

Share your thoughts and experiences with trade245