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Trade245 reviews

Trade245 customer reviews

Updated: April 1, 2026

842

Written byChristine Richards

GlobeGain rating:

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Summary

Most reviewers describe Trade245 as a fraudulent and manipulative broker. Many users report severe issues with withdrawals, with funds being held for weeks or months, sudden account suspensions, or complete refusal to pay out. Several reviewers claim that trades are unfairly manipulated—spreads widen before stop-outs, profitable trades are blocked or reversed, and manual closures are rejected until losses occur. Customer service is described as unresponsive, robotic, or mocking, with nonexistent live chat and no reliable contact options. Bonuses and promotions are said to be deceptive, disappearing along with client funds. A few comments mention external recovery services allegedly helping victims, but overall, users strongly warn others to avoid the broker, calling it a scam operation that preys on traders.

Kaleohano Naik

11.10.2024 | 08:03

They are not paying anything back, Once you put in your monie just forget about it, header did the refvnd after i open a ticket with them.

Hlubie Dlamini

05.07.2024 | 17:04

SCAM BROKER!! Avoid using them at all costs, they don't allow you to enter trades during news releases and if you already had trades running they close some of them. Too many excuses when you want to withdraw your money. The 1/5 is too generous in my opinion, if it were possible I'd give them a 0/5. DO NOT USE THIS BROKER❗️❗️

santos

24.06.2024 | 15:55

Hi, I have been waiting for my withdrawal for approximatelly 2 months. I don´t know why in this last withdrawal request they asked me a BTC wallet ownership verification. I provided all the notary documentation requested and proved to them that the wallet is mine. But they are still holding my withdrawal. And they simply doesn´t answer me. This isn´t the only problem I had with them. The withdrawal before this one they are holding, I requested 1 withdrawal and they divided into 2 and charged me 2 withdrawal fees. (approximatelly 20 usd each)

Mz Sib MD

13.06.2024 | 15:18

REFUSES WITDRAWALS ,THEY OWE ME 250K

Enigma LS

13.05.2024 | 20:22

Bonus is a scam , better go to XM or HFM. Being a pro with a experience. At least your bonus won't get swallowed. I placed positions and they were swallowed including the broker bonus . Don't use them better to use another broker .

customer

04.05.2024 | 03:16

I warn you fellow traders, DO NOT trade with Trade245!! Especially when there is a news release...I traded Gold and price went to my Take Profit and they did not close the trades...I tried to manually close the trades & they blocked those attempts too, when price reversed and went in the opposite direction towards my stop loss...they closed all trades with no issues. This broker manipulates and finesses its clients...BE WARNED!! I am currently seeking legal advice with regards to the way forward.

Nelson James

15.04.2024 | 22:16

A real scammer broker whenever my trades are headed to the right direction they stretch the spread on me until i get stopped out no matter how big my deposit is. It's more like they hunting my deposit yet i have a loyal client for 4 years despite being on a loosing streak all the time. It's painful because we work so hard to accumulate the capital then only to be taken away from you in a blink of an eye because of the spread.