Global Broker Regulation Inquiry App
WikiFX
joalund 
1-2 years
What are the pros and cons of Trade245?
Broker Issues
Regulation
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.
Similar Questions
What are the pros of SGT?
Five8
08-11
What are the pros and cons of GBE's regulation?
DoreenVanDenHeever
07-31
Is Multigain overseen by any regulatory bodies, and if so, which financial authorities are responsible for its regulation?
RichN
06-28
Is Nissan Securities regulated?
Interbank Trader
06-19
What are the pros of using Tracxn?
MarceloD
07-04