Global Broker Regulation Inquiry App
About WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
اردو
trade245 , SBI SECURITIES Broker Comparison
Do you want to know which is the better broker between trade245 and SBI SECURITIES ?
In the table below, you can compare the features of trade245 , SBI SECURITIES 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
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
--
7.98
Regulated
Under guarantee
--
--
15-20 years
FSA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
trade245 、 SBI SECURITIES BrokerRelated News
trade245 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 sbi-securities 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 | |
| Founded | 2020 |
| Registered Country/Region | South Africa |
| Regulation | FSCA (Unverified) |
| Market Instruments | Forex, indices, stocks, commodities, CFDs |
| Demo Account | / |
| Leverage | Up to 1:500 |
| Spread | From 0.0 pip |
| Trading Platform | MT4, MT5 |
| Minimum Deposit | $0 |
| Customer Support | Tel: +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.
Pros and Cons
| Pros | Cons |
| Various trading products | Unverified status |
| Seven account types | No demo account |
| MT4, MT5 support | |
| No minimum deposit requirement | |
| Multi-lingual support |
Is Trade245 Legit?
| Regulated Authority | Financial Sector Conduct Authority (FSCA) |
| Current Status | Unverified |
| Regulated Country | South Africa |
| Regulated Entity | Red Pine Capital (PTY) LTD |
| License Type | Financial Service Corporate |
| License No. | 46044 |
What Can I Trade on Trade245?
| Tradable Instruments | Supported |
| Forex | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Commodities | ✔ |
| CFDs | ✔ |
| Bonds | ❌ |
| Cryptocurrencies | ❌ |
| ETFs | ❌ |
Account Type
| Account Type | Leverage | Spread | Platform |
| Bonus 100 | 1:500 | From 1 pip | MT4 |
| No Bonus | 1:500 | From 1 pip | MT4 |
| Swap Free | 1:500 | From 1 pip | MT4 |
| Zero Spread | 1:500 | From 0 pip | MT4 |
| Bonus 245 | 1:500 | From 1 pip | MT4 |
| Bonus Rescue | 1:500 | From 1 pip | MT4 |
| Micro | 1:500 | From 1 pip | MT4 & MT5 |
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 | Spread | Bonus |
| Bonus 100 | From 1 pip | Included (100%) |
| No Bonus | From 1 pip | Excluded |
| Swap Free | From 1 pip | Excluded |
| Zero Spread | From 0 pip | Excluded |
| Bonus 245 | From 1 pip | Included (245%) |
| Bonus Rescue | From 1 pip | Included (25%} Drawdown) |
| Micro | From 1 pip | Excluded |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | PC, web, mobile | Beginners |
| MT5 | ✔ | PC, web, mobile | Experienced traders |
Deposit and Withdrawal
Investors can deposit and withdraw via VISA, Mastercard, PESA, OZOW, Skrill, Global cryptocurrency.
sbi-securities
| SBI Securities Review Summary | |
| Founded | 1999 |
| Registered Country/Region | Japan |
| Regulation | FSA |
| Market Instruments | Forex, Stocks, Bonds, ETFs, Mutual Funds, CFDs, Gold/Platinum, NISA, iDeCo |
| Demo Account | Available |
| Leverage | Up to 1:25 (for FX) |
| Spread | From 1 pip (FX pairs),0.5 pips(CFDs) |
| Trading Platform | Proprietary web and mobile platforms, HYPER SBI |
| Min Deposit | ¥10,000 |
| Customer Support | Phone: 0120-104-214 |
| Email: contact@sbisec.co.jp | |
| 24/7 Online Chat: No | |
| Physical Address: Japan | |
SBI Securities Information
Established in 1999 with a headquarters in Japan, SBI Securities is under FSA control. Forex, equities, bonds, ETFs, mutual funds, and more are among the several market tools it provides with leverage up to 1:25 for FX trading. The platform offers proprietary web and mobile trading systems including HYPER SBI and enables a minimum deposit of ¥10,000.
Pros and Cons
| Pros | Cons |
| Over 150+ financial products and services | Limited leverage for FX (max 1:25) |
| Provide NISA and iDeCo accounts for tax advantages | No 24/7 customer support |
| Regulated by FSA |
Is SBI Securities Legit?
| Current Status | Regulated |
| License Type | Retail Forex License |
| Regulated By | Japan |
| License No. | 関東財務局長(金商)第44号 |
| Licensed Institution | 株式会社SBI証券 |
What Can I Trade on SBI Securities?
SBI Securities offers a 150+ stocks, 30+ currency pairs, and various ETFs, mutual funds, and bonds.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Stocks(Overseas and Japan stock) | ✔ |
| ETFs(Overseas) | ✔ |
| Mutual Funds | ✔ |
| Bonds | ✔ |
| Commodities | ✔ |
| Options | ✔ |
| Cryptocurrencies | ❌ |
Leverage
SBI Securities only provides 1:25 leverage for FX pairs.
Account Types
SBI Securities offers multiple account types: regular investment accounts, NISA accounts, and iDeCo pension accounts.
Demo accounts are also available.
| Account Type | Minimum Deposit | Features |
| Regular Account | ¥10,000 | Access to all products and services |
| NISA Account | ¥0 | Tax-advantaged investing |
| iDeCo Account | Variable | Pension-specific tax benefits |
SBI Securities Fees
With specified fees for domestic stock transfers under different names and ¥3,300 for investment trust transfers, SBI Securities offers free account administration, deposits, withdrawals, and most transfers.
Trading Fees
| Service | Fee |
| Domestic Stocks | Starting from ¥99 per trade |
| Investment Trusts | Varies by fund (management fees apply) |
| FX (Foreign Exchange) | From 1 pip (spread only) |
| ETF/ETN | Varies by issuer |
| REITs | Varies by issuer |
| Bonds | Depends on bond type |
| CFDs | From 0.5 pips (spread only) |
Non-Trading Fees
| Service | Fee |
| Account Opening and Management | Free |
| Bank Transfer Deposits | Customer-borne transfer fees |
| Instant Deposits/Real-Time Deposits | Free |
| Withdrawals | Free |
| Domestic Stock Transfers | Free (same-name) |
| Domestic Stock Transfers (different names) | ¥2,200 per brand (tax incl.) |
| Investment Trust Transfers | Free (same-name) / ¥3,300 per brand (tax incl.) |
| Foreign Stock Transfers | Free (same-name) / ¥2,200 per brand (tax incl.) |
Paid Services (Optional)
| Service | Fee |
| Premium News | ¥37,125/month (tax incl.) |
| Real-Time US Stock Prices | ¥550/month (tax incl.) |
| BroadNewsStreet | ¥330/month (tax incl.) |
Trading Platform
SBI provides different App for different products.
| Trading Platform | Supported | Available Devices | Suitable for |
| HYPER SBI | ✔ | Windows, macOS | Stock traders |
| SBI Mobile App | ✔ | iOS, Android | On-the-go trading |
| Unique App for different products(SBI stock App, Domestic socks smartphone site.etc) | ✔ | Web | General and retail traders |
Deposit and Withdrawal
SBI Securities does not charge withdrawals or deposits fees. Account type determines the minimum deposit; it ranges from ¥10000 in standard account.
Do trade245 and sbi-securities 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 sbi-securities 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 sbi-securities the spread is --.
Which broker between trade245, sbi-securities 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. sbi-securities is regulated by FSA.
Which broker between trade245, sbi-securities 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 --; sbi-securities offers the -- platform featuring assets including --.
