Trade245 Account types offer an impressive selection of tailored account types, which currently include Bonus 100, No Bonus, Swap Free, Zero Spread, Cent, and Weekend Trader Accounts. Both beginner and advanced traders will certainly appreciate the relatively low spreads
Trade245 at a Glance
🔎 Broker's Name | Trade245 |
📍 Headquartered | Johannesburg, South Africa |
📅 Year Founded | 2020 |
⚖️ Regulating Authorities | FSCA |
🌐 Countries not accepted for trade | Not indicated |
☪️ Islamic account (swap-free) | Yes |
👍 Demo Account | Yes |
📊 Institutional Accounts | No |
📊 Managed Accounts | No |
📈 Maximum Leverage | 1:500 |
💰 Minimum Deposit | $100 / R1683,52. |
💳 Deposit Options | · Visa/Mastercard · Skrill · MPesa · Ozow |
💳 Withdrawal Options | · Visa/Mastercard · Skrill · MPesa · Ozow |
💻 Platform Types | MetaTrader 4 and MetaTrader 5 |
📱 OS Compatibility | Windows, Mobile, Web, iPhone, iPad |
📈 Tradable assets offered | Forex, Indices, Stocks, Commodities and Cryptocurrencies |
👨💼 Languages supported on Website | English Only |
👥 Customer Support Languages | English Only |
📆 Customer Service Hours | 24/5 |
🚀 Open an Account | 👉 Open Account |
Min Deposit
USD 100
Regulators
FSCA
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Trade245 Account types – 11 key points quick overview:
Trade245 at a Glance
Trade245 Account types – 11 key points quick overview:
Trade245 Overview
- Trade245 Account Types
- Trade245 Account Features
- Trade245 Demo Account
- Trade245 Islamic Account
- Trade245 Customer Reviews
- Pros and Cons
- Conclusion
- Frequently Asked Questions
Trade245 Overview
Trade245 provides 7 different account types e.g., Bonus 100, Bonus Rescue, No Bonus, Swap Free, Zero Spread, Cent, and Weekend Trader Accounts.
Based in South Africa, Trade245 is a fairly new online Forex broker launched in 2025 as a product of Red Pine Capital (PTY) LTD. The broker and its parent company are regulated by the Financial Sector Conduct Authority (FSCA) in South Africa.
Since its recent establishment, the broker has already experienced some impressive growth thanks to its strong offering which comes with a range of trade-enhancing services.
Using the broker’s advanced trading environment, traders can take advantage of tailored and customizable features to better meet their trading goals, particularly through the wide range of account types that serve a variety of different specific trading needs.
In the fast-paced world of Forex trading, traders can use the broker’s ultra-low latency networks to open and close positions at the best time.
Beginner traders can benefit from comprehensive training, free of charge, including a regular webinar series complemented by advanced trade analysis that will benefit both part-time beginner traders and advanced market investors.
Both beginner and advanced traders will certainly appreciate the relatively low spreads, commission-free accounts, and ultra-fast execution across an impressive selection of trading instruments including FX pairs, indices, stocks, cryptocurrencies, and commodities CFDs.
Traders are provided full access to the market-leading MetaTrader4 and MetaTrader 5 platforms, as such, MetaQuotes is considered to be the most popular online trading platform to access the global markets, aimed at giving you the control to help you trade with speed, security, and reliability.
Both the MetaTrader 4 platforms and their younger sibling are suitable for beginner or more advanced traders, which is one of the many reasons why they are considered today’s ultimate trading software platforms.
Trade245 Account Types
Trade245 offers an impressive selection of tailored account types, which currently include Bonus 100, Bonus Rescue, No Bonus, Swap Free, Zero Spread, Cent, and Weekend Trader Accounts.
However, interested traders should be aware that the available selection of accounts can be subject to continual change at the broker’s discretion, with some options, such as the Swap Free and Weekend Trader Account, only available for a limited time.
Trade245 Account Features
Bonus 100 Account
Leverage: 1:500
Spread Types: Variable
Spreads: From 1 pip
Bonus: Included (100%)
Platform: MT4
No Bonus Account
Leverage: 1:500
Spread Types: Variable
Spreads: From 1 pip
Bonus: Excluded
Platform: MT4
Swap-Free Account
Leverage: 1:500
Spread Types: Variable
Spreads: From 1 pip
Bonus: Excluded
Platform: MT4
Zero Spread Account
Leverage: 1:500
Spread Types: Variable
Spreads: From 0 pips
Bonus: Excluded
Platform: MT4
Cent Account
Leverage: 1:500
Spread Types: Variable
Spreads: From 1 pip
Bonus: Excluded
Platform: MT4
Weekend Traders Account
Leverage: 1:500
Spread Types: Variable
Spreads: From 1 pip
Bonus: Excluded
Platform: MT5
Trade245 Demo Account
Clients must first register with the broker to open a demo account. However, registration is a straightforward process that consists of the following steps:
Navigate to the registration portal on the broker’s website
Provide your full name and surname
Create and confirm a password that you will use to access your demo account, and possibly your live account in future
Indicate your country of residence
Read and accept the broker data security protocols, and validate that you are above the age of 18
Click “Proceed” in order to finalize the registration process and set up your demo account
Trade245 Islamic Account
Traders who choose to open an Islamic account will have full access to the highly popular MetaTrader 4 platform, with the ability to trade Forex, Futures, Indices, Equities, and other CFD transactions.
MetaTrader 4 is a feature-rich and flexible piece of trading software that will suit traders of all experience levels. Beginners will enjoy its user-friendly interface, while advanced traders will appreciate the charting features, technical analysis tools, and automated trading capabilities.
It is easy and straightforward to open an Islamic account with Trade245 and includes completing the client registration upon acceptance of this registration, they can then elect to open an Islamic Account.
Unfortunately, the Islamic Account is only available for a limited period from the broker.
Also known as ‘no swap accounts’, Islamic trading accounts allow Muslims to engage in online forex trading in compliance with Sharia law.
With 25% of the world’s population practicing the Islamic faith, Islamic forex trading has continued to gain popularity worldwide.
Essentially, an Islamic forex trading account charges no swap or rollover interest on positions held overnight in the forex market. An administration fee is, however, charged on some accounts to open positions.
Min Deposit
USD 100
Regulators
FSCA
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Trade245 Customer Reviews
What I like about them as soon as you…
What I like about them is as soon as you make a withdrawal you get your money as it is no story keep up the good work guys
Pros and Cons
✔️ Pros | ❌ Cons |
High leverage | Islamic Account only available for a limited period |
MetaTrader suite available | Not the tightest spreads on the market |
No minimum deposit | |
Spread free accounts available |
Conclusion
Overall, Trade245 offers an impressive selection of tailored account types, which currently include Bonus 100, Bonus Rescue, No Bonus, Swap Free, Zero Spread, Cent, and Weekend Trader Accounts. Both beginner and advanced traders will certainly appreciate the relatively low spreads
You might also like: Trade245 Review
You might also like: Trade245 Demo Account
You might also like: Trade245 Fees and Spreads
You might also like: Trade245 Islamic Account Overview
You might also like: Trade245 Minimum Deposit
You might also like: Trade245 Sign-up Bonus
Frequently Asked Questions
Does Trade245 offer leverage?
Yes, the broker offers variable leverage with a maximum ratio of 1:500 for all account types.
Which platforms are supported by Trade245?
MetaTrader 4 and MetaTrader 5.
Are there any apps available for a Trade245 trading account?
Trade 245 app is available only on the App Store for iPhone and MetaTrader 4 and MetaTrader 5.
Does Trade245 have ZAR accounts?
Yes.Trade245 does have a ZAR Account Currency
What is the overall rating out of 10 for Trade245?
8/10.
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