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trade245 , FXTF Broker Comparison

Do you want to know which is the better broker between trade245 and FXTF ?

In the table below, you can compare the features of trade245 , FXTF side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
 2 / 3  forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Swap
Swap Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
trade245
2.02
Unverified
Under guarantee
--
5-10 years
FSCA,FSCA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
Micro,Micro bonus 100,Micro bonus 300,VIP,Bonus 100,No Bonus,Bonus 300,Zero Stop-Out
--
R100
1:500
From 2
30.00
Variable
0.01
--
FXTF
8.38
Regulated
Under guarantee
--
15-20 years
FSA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--

trade245 、 FXTF BrokerRelated News

trade245 、 FXTF BrokerRelevant Exposures

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do trade245 and fxtf have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

trade245
Trade245 Review Summary
Founded2020
Registered Country/RegionSouth Africa
RegulationFSCA (Unverified)
Market InstrumentsForex, indices, stocks, commodities, CFDs
Demo Account/
LeverageUp to 1:500
SpreadFrom 0.0 pip
Trading PlatformMT4, MT5
Minimum Deposit$0
Customer SupportTel: +27(0) 87 828 8245
Email: support@trade245.com
Social Media: Instagram, Facebook
Address: Wetton Works, 14 Mercury Crescent, Wetton,Cape Town, South Africa, 7780
Address: Menlyn Square, Building B, 1st Floor, 132 Aramist Ave, Menlyn, Pretoria, South Africa, 0063

Founded in 2020, Trade245 was registered in South Africa. Its market instruments include forex, indices, stocks, commodities, and CFDs. Customers can use MT4 or MT5 to trade, with seven account types available, whose leverage is 1:500, with no minimum opening deposit requirement. However, investors still need to be cautious, since Trade245's license is unverified.

info

Pros and Cons

ProsCons
Various trading productsUnverified status
Seven account typesNo demo account
MT4, MT5 support
No minimum deposit requirement
Multi-lingual support

Is Trade245 Legit?

Regulated AuthorityFinancial Sector Conduct Authority (FSCA)
Current StatusUnverified
Regulated CountrySouth Africa
Regulated EntityRed Pine Capital (PTY) LTD
License TypeFinancial Service Corporate
License No.46044
license

What Can I Trade on Trade245?

Tradable InstrumentsSupported
Forex
Indices
Stocks
Commodities
CFDs
Bonds
Cryptocurrencies
ETFs
assets

Account Type

Account TypeLeverageSpreadPlatform
Bonus 1001:500From 1 pipMT4
No Bonus1:500From 1 pipMT4
Swap Free1:500From 1 pipMT4
Zero Spread1:500From 0 pipMT4
Bonus 2451:500From 1 pipMT4
Bonus Rescue1:500From 1 pipMT4
Micro1:500From 1 pipMT4 & MT5
Account Type
Account Type

Leverage

For all account types, the leverage is 1:500. The use of leverage can both maximize profits and also increase losses. Therefore, customers still need to consider carefully before investing.

Trade245 Fees

Account SpreadBonus
Bonus 100From 1 pipIncluded (100%)
No BonusFrom 1 pipExcluded
Swap FreeFrom 1 pipExcluded
Zero SpreadFrom 0 pipExcluded
Bonus 245From 1 pipIncluded (245%)
Bonus RescueFrom 1 pipIncluded (25%} Drawdown)
MicroFrom 1 pipExcluded

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT4PC, web, mobileBeginners
MT5PC, web, mobileExperienced traders
Trading Platform
Trading Platform

Deposit and Withdrawal

Investors can deposit and withdraw via VISA, Mastercard, PESA, OZOW, Skrill, Global cryptocurrency.

Deposit and Withdrawal

fxtf

FXTF Information

Founded2006
Registered Country/RegionJapan
RegulationFSA
Market InstrumentsCryptocurrency CFDs, Commodity CFDs, option, Forex
Account TypeIndividual Account, Corporate Account
Trading PlatformMT4 trading system, GX trading system
Customer SupportPhone: 0120-445-435
Email: support@fxtrade.co.jp

FXTF Information

FXTF, founded in 2006, is a brokerage registered in Japan. The trading instruments it provides cover cryptocurrency CFDs, commodity CFDs, option, forex. It is regulated by Japan.

FXTF Information

Pros and Cons

Pros Cons
RegulatedNo commission information
Wide range of trading instrumentsNo clear information about accounts
2 types of trading systemsLimited account types offered
Low spreadsNo Islamic account

Is FXTF Legit?

FXTF is regulated by FSA in Japan. Its current status is regulated.

Regulated CountryRegulated AuthorityRegulated EntityLicense TypeLicense NumberCurrent Status
JapanFSAゴールデンウェイ・ジャパン株式会社Retail Forex License関東財務局長(金商)第258号Regulated
Is FXTF Legit?

What Can I Trade on FXTF?

FXTF offers traders cryptocurrency CFDs, commodity CFDs, option, forex to trade.

Tradable Instruments Supported
Cryptocurrency CFDs
Commodity CFDs
Option
Forex
Stocks
Metals
Indices
Futures
What Can I Trade on FXTF?

Account Types

FXTF offers 2 different types of accounts to traders - Individual Account, Corporate Account. But there is no more information about accounts.

Trading Platform

FXTF's trading platforms are MT4 trading system, GX trading system, which support traders on PC, Mac, iPhone and Android.

Trading PlatformSupported Available Devices
MT4 Margin WebTraderWeb, Mobile
GX trading systemWeb, Mobile
MT5
Trading Platform

Do trade245 and fxtf have lower transaction costs?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive trade245 and fxtf are, we first considered common fees for standard accounts. On trade245, the average spread for the EUR/USD currency pair is From 2 pips, while on fxtf the spread is --.

Which broker between trade245, fxtf is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

trade245 is regulated by FSCA,FSCA. fxtf is regulated by FSA.

Which broker between trade245, fxtf provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

trade245 provides the Micro,Micro bonus 100,Micro bonus 300,VIP,Bonus 100,No Bonus,Bonus 300,Zero Stop-Out platform with products like --; fxtf offers the -- platform featuring assets including --.

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