Trade245: WikiFX found some feedback related to this broker that you should not miss

Trade245 is an online forex broker who is located at Menlyn Square, Building B, 1st Floor 132 Aramist Ave, Menlyn, Pretoria, 0063. Trade245 is owned by Red Pine Capital(PTY) LTD, Johannesburg, South Africa. According to WikiFX, this broker doesn‘t have a legitimate license, and it isn’t regulated by FSCA or any other regulatory institution. We found some feedback about this broker so that you may understand this broker more deeply.

Exposure related to Trade245 on WikiFX

As of March 28, 2022, The complaints received by WikiFX against Trade245 reached 6 in the past 3 months. Below are some cases we found among them.

The trader who comes from South Africa claimed his trading account has been blocked by Trade245.

This trader from Nigeria complained that he/she can not make a withdrawal from Trade245. even worse, his/her profile was deactivated.

One investor who is from Pakistan claimed that Trade245 uses excuses to delay his/her withdrawal requirement. And eventually, the investor can't withdraw money from the broker without carouse.

The broker who comes from South Africa met serious slippage when he/she trade with trade245.

The feedback from Twitter

This trader has more than 46K followers on Twitter. It seems that he has collaborated with Trade245. we are not sure about that.

This trader who comes from South Africa claimed Trade245 is a scam. He suggested people to keep away from this broker.

Lulama Msungwa, a Financial market analyst, he advise people to not invest in Trade245. he claimed traders need to stop supporting a gambling station.

Conclusion:

Please be warned that Trade245 maybe get involved in a scam since it has too many negative comments.We suggest you to do more research and make yourself comfortable before you choose a certain broker to invest in. WikiFX contains details of more than 33,000 global forex brokers, which gives you a huge advantage while seeking the best forex brokers. If you want to know more information about the reliability of certain brokers, you can open our website (https://www.WikiFX.com/en). Or you can download the WikiFX APP for free through this link below (https://www.wikifx.com/en/download.html). Running well in both the Android system and the IOS system, the WikiFX APP offers you the easiest and most convenient way to seek the brokers you are curious about.