Trade245 offers a sign-up bonus. Trade245 is also referred to as a welcome bonus, to every new trader that chooses to register for a real account with the broker.
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
As a general explanation, a bonus can be best understood as a way of compensating traders for having decided to open an account with a chosen broker.
Once an account has been opened with a Forex broker, clients will have access to trading of currency pairs, and will therefore have to incur some expense for this trading. The bonus is just a way for the broker to reward the trader’s choice and give all or some of these expenses back to the trader.
Trade245 Sign-up bonus – 9 key points quick overview:
Trade245 at a Glance- Trade245 Sign-up bonus – 9 key points quick overview:
- Trade245 Sign-up Bonus
- Trade245 Referral Bonus
- Trade245 Additional broker bonuses, promotions, and rewards
- Trade245 Customer Reviews
- Trade245 Pros and Cons
- Conclusion
- Frequently Asked Questions
Trade245 Sign-up Bonus
Trade245 offers a sign-up bonus, also referred to as a welcome bonus, to every new trader that chooses to register for a real account with the broker.
As such, a deposit bonus will be applied to all deposits for the duration of this promotion. This bonus will be applied up to a cumulative maximum of R 285 000 on Bonus 100 and R50 000 on Bonus Rescue account, or equivalent currency per trading account.
Trade245 Referral Bonus
Referral bonuses allow existing traders of a given broker to earn greater rewards by referring a “friend” friend to a broker. The trader is compensated by the broker when this referral results in the friend signing up for a real account.
However, at the time of writing Trade245 does not appear to offer a referral bonus to its loyal customers.
That said, the broker appears to rely heavily on bonus schemes, and therefore it might be useful to check back in the future for possible referral programs being introduced to the bonus structure.
Trade245 Additional broker bonuses, promotions, and rewards
Trade245 provides two accounts that are specifically tailored around the offering of a bonus. These accounts are the Bonus 100 account and the Bonus Rescue account.
Apart from incorporating a bonus into their structure, these accounts also provide complete access to the broker’s trading features, including leverage, variable spreads, and full access to the MetaTrader 4 platform.
As such, the Bonus 100 account includes a 100% Bonus, as the name suggests, while the Bonus Rescue account featured a tiered bonus structure. Traders should note that bonuses are not made available on any of the other broker accounts from Trade245.
Because this is a deposit bonus, of course, the client must make a Forex deposit through an account manager, after they have accepted the terms & conditions and their application has been successful.
In general, once the account has been deposited, it may take a few hours to receive the bonus on your account.
Once the bonus has been deposited into the trader’s account, they can immediately start to open and close positions with the aim to trade the required volume, to claim the bonus as their own profit.
Once a trader has completed the required volume, the bonus money can be transferred from the broker to the trader.
These bonuses are not available on the demo 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 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
Trade245 Pros and Cons
| ✔️ Pros | ❌ Cons |
| Specialized bonus accounts available | No deposit bonus not available |
| No trading bonus available | |
Conclusion
Overall, Trade245 offers a sign-up bonus.Trade245 is also referred to as a welcome bonus, to every new trader that chooses to register for a real account with the broker.
You might also like: Trade245 Review
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You might also like: Trade245 Islamic Account Overview
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Frequently Asked Questions
Does Trade245 offer bonuses?
Trade245 offers a sign-up bonus, also known as a welcome bonus to new traders who opens a real live trading account with them.
Can you withdraw a bonus offered by a broker?
No, a bonus is NOT intended as trading credit, and as such, it cannot be withdrawn.
Does Trade245 have a Partner/ Affiliate/ program?
Yes.Affiliate Program. Become a partner and grow your business, we offer high-level client satisfaction and retention.
Can South African traders sign up for a trading account with Trade245?
Yes, traders from South Africa are allowed to sign up for a Trade245 trading account.
How can a Trade245 bonus benefit my trading?
Once the bonus has been deposited into your account, you can immediately begin to open and close positions with the aim to trade the required volume, to claim the bonus as your own property. Once a trader has completed the required volume, the bonus money can be transferred from the broker to the trader.
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