Global Broker Regulation Inquiry App
WikiFX
joalund
1-2 years
What are the pros and cons of Trade245?
Broker Issues
Regulation
2025-07-20
United States
WikiFX
Reply
Trade245 provides MT4/MT5 support, high leverage, and multiple account types, which are attractive features for active traders. However, the platform’s suspicious clone status, lack of transparent fee structures, and missing demo account pose serious drawbacks and potential risks.
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