Trade245 Real Account Registration

Trade245-real-account-registration
1.
4.9 stars from 785 ratings

Broker Verified

AvaTrade is truly a global broker, regulated across 5 continents. Their Cryptocurrency markets are available for trading 24/7. Local support.
CFD service. Your capital is at risk.
71% of retail investor accounts lose money when trading CFDs with this provider.
3.4 stars from 83 ratings

up to 100%

Trade245 was established in July 2020 as a new forex and CFD trading platform that is still trying to earn people's trust.

Sign upSign up
CFD service. Your capital is at risk.
Remember that CFDs are a leveraged product and can result in the loss of your entire capital. Please ensure you fully understand the risks involved.

Would you like to know about the Trade245 real account registration? In this article, we have provided details of Trade245 account opening and registration.

With Trade245, you need to complete the simple registration process, provide a document proving your identity and provide a document proving your address, and your trading account will be immediately opened. Read on to find more about account registration and verification

How to set up a real account – step by step

Trade245 does offer a free real account to beginners for training purposes. A real account interface is ideal for traders who wish to learn trading basics without taking any risk. The platform enables a completely risk-free forex trading environment.

A prospective trader must register at a broker before opening a real account. The registration process is relatively easy and includes the following steps:

  • Visit the Trade245 website to access the registration portal.
  • Identify yourself by providing your full name and surname.
  • Your real account and your live account in the future will be accessible by a password you create and confirm.
  • Please indicate where you reside.
  • Verify that you are 18 years old by reading the broker data security protocols and accepting them.
  • Click “Proceed” to complete the registration process to set up a real account.

Account types

Keyboard with hot key for account set up

Broker
Rating
Regulated
Bonus
Min. Deposit
Max. Leverage
1.
AvaTrade Broker Review
4.9 stars from 785 ratings

Broker Verified

FSCA, ASIC, B.V.I FSC, FSA

up to $2000

USD 100

1:400

Review Sign up Sign up
CFD service. Your capital is at risk.
71% of retail investor accounts lose money when trading CFDs with this provider.

You can choose from various customised accounts at Trade245, including Bonus 100, Bonus Rescue, No Bonus, Swap Free, Zero Spread, Cent, and Weekend Trader Accounts.

Trading prospects should be aware that the selection of accounts may change at the broker’s discretion at any time and that some options, such as Swap Free and Weekend Trader Accounts, may only be available for a limited time.

Bonus 100 Account

  • Leverage: 1:500
  • Spread types: Variable
  • Spreads: From 1 pip
  • Bonus: Included (100%)
  • Platform: MT4

Bonus Rescue Account

  • Leverage:1:500
  • Spread Types: Variable
  • Spreads: From 1 pip
  • Bonus: Included (tiered)
  • Platform: MT4

No Bonus Account

  • Leverage:1:500
  • Spread Types: Variable
  • Spreads: From 1 pip
  • Bonus: Excluded
  • Platform: MT4

Swap-Free Account

  • Leverage: 1:500
  • Spread Types: Variable
  • Spreads: From 1 pip
  • Bonus: Excluded
  • Platform: MT4

Zero Spread Account

  • Leverage: 1:500
  • Spread Types: Variable
  • Spreads: From 0 pips
  • Bonus: Excluded
  • Platform: MT4

Cent Account

  • Leverage: 1:500
  • Spread Types: Variable
  • Spreads: From 1 pip
  • Bonus: Excluded
  • Platform: MT4

Weekend Traders Account

  • Leverage: 1:500
  • Spread Types: Variable
  • Spreads: From 1 pip
  • Bonus: Excluded
  • Platform: MT5

Real account features

Trade245 offers a real account for traders to practice using the MetaTrader4 platform. In addition, MetaTrader 4 provides the following trading features:

  • Trading robots allow traders to run complex trading operations, analyse financial markets, copy deals made by other traders and run advanced trading operations.
  • There are three modes for trade execution, including Instant Execution, two market orders, four pending orders, two stop orders, and a trailing stop order.
  • You can send trading orders directly from the chart using the quick trading functions.
  • With the built-in tick chart, you can accurately determine when to enter and exit your trade.
  • Traders have access to 9 timeframes to view the price dynamics in-depth.
  • For the most comprehensive analysis of price dynamics, there is a selection of 30 technical indicators and 24 graphic objects built into the software
3.4 stars from 83 ratings

up to 100%

Trade245 was established in July 2020 as a new forex and CFD trading platform that is still trying to earn people's trust.

Sign upSign up
CFD service. Your capital is at risk.
Remember that CFDs are a leveraged product and can result in the loss of your entire capital. Please ensure you fully understand the risks involved.

Islamic account

In addition, Islamic accounts will give traders full access to the popular Metatrader4 platform that allows traders to trade forex, futures, indices, equities, and other CFD transactions.

The Metatrader 4 trading software offers a wide range of features and is flexible enough to meet the needs of traders of all skill levels. Traders new to the platform will appreciate its user-friendly interface, while seasoned veterans will enjoy its charting features, technical analysis tools, and automated trading capabilities.

With trade245, opening an Islamic account is easy and straightforward. First, you need to complete the client registration, and upon accepting the registration, you can open an Islamic account.

Unfortunately, the broker only offers the Islamic account for a limited period.

Muslims can trade forex online, complying with Sharia law using Islamic trading accounts, also known as ‘no swap accounts.’

Since the Islamic faith is practised by 25% of the global population, Islamic forex trading is increasingly popular.

Islam prohibits swapping or rolling over positions in the forex market overnight. Certain accounts, however, impose an administrative fee for opening positions.

Steps involved in opening a Trade245 Islamic account?

Trade245 makes opening an Islamic account easy and straightforward. After completing the client registration process and accepting the registration, clients can open an Islamic account.

However, the Islamic Account is only available from the broker for a limited time.

What are Trade245’s spread costs on an Islamic Account?

There is a variable spread on Islamic accounts, and it starts at 1 pip. All other accounts have the same spread cost.

Islamic account features

With an Islamic account, traders can access the popular MetaTrader 4 platform, which supports trading in Forex, Futures, Indices, Equities, and other CFD instruments.

The MetaTrader 4 trading software offers a wide range of features and is flexible enough to meet the needs of traders of all skill levels.

Traders new to the platform will appreciate its user-friendly interface, while seasoned veterans will enjoy its charting features, technical analysis tools, and automated trading capabilities.

Bonuses available

Bonuses, in general, function as a means of compensating traders who open accounts with a particular broker.

To trade currency pairs, clients have to open an account with a Forex broker, which means incurring some expense. Brokers award traders with bonuses as a way to reward their choices and return them all or part of these expenses.

Sign-up Bonus

Traders who open real accounts with Trade245 can take advantage of the sign-up bonus, also called a welcome bonus.

Consequently, this promo will grant a deposit bonus on all deposits made during the promotion period. Each trading account can receive this bonus up to a cumulative maximum amount of R 245000 or equivalent currency.

Referral Bonus

Traders of a particular broker can earn better rewards when referring friends to their broker, known as referral bonuses. For example, the broker will compensate the trader if a friend signs up for a real account after this referral.

Despite this, it does not appear that Trade245 offers referral bonuses to its loyal customers.

To that end, the broker appears reliant heavily on referral programs, and it might be helpful to keep an eye on future referral programs that might be added to this bonus structure.

Additional broker bonuses, promotions, and rewards

Trader245 offers two accounts with bonuses specifically designed for the benefit of traders. The Bonus 100 account and the Bonus Rescue account are two of these.

Along with offering a bonus, these accounts also provide full access to the broker’s trading capabilities, such as leverage, variable spreads, and the MetaTrader 4 platform.

Bonus 100 accounts include a 100% Bonus, as the name implies, and Bonus Rescue accounts feature tiered bonuses. In contrast, trader accounts with Trade245 will not receive bonuses.

After agreeing to the terms and conditions and submitting the application, the client must make a Forex deposit to receive the deposit bonus via an account manager.

The bonus will generally be credited to your account within a few hours after your account has been deposited.

Following the bonus deposit into a trader’s account, they can immediately begin opening and closing positions to trade the required volume to claim the bonus as their profit.

Traders can receive the bonus money from their broker after completing the required volume. The real account does not offer these bonuses.

How to trade on Trade245 MT4 and MT5 accounts?

When you decide to trade with Trade245, you must check several things first.

Be sure that you have completed the following checklist before trading on MT4 or MT5 accounts with Trade245.

Have you already made a deposit?

To start trading, you must place a deposit of at least $5 in your live trading account to trade. If you have not made a deposit yet, please go to Trade245’s member’s area from the Trade245 Official Website and follow the instructions.

Have you downloaded a platform yet?

Forex and CFD trading will be conducted through Trade245’s MT4 and MT5 platforms. Trading will not be possible without these platforms. On the Trade245 Official Website, you can find links to download MT4 and MT5 platforms.

Have you logged incorrectly?

If you wish to place an order, you will need to have logged into Trade245’s MT4 or an MT5 platform. Trade245’s multilingual support team can assist you if you are experiencing difficulty logging in.

Do you have a strategy?

Trading strategies are crucial. Is it possible that you need to read the latest analysis from Trade245 or learn more about trading Trade245? When you trade online, be careful of what you do.

When you complete the above checklist, you should be ready to trade Forex and CFDs on  Trade245’s MT4 and MT5 platforms.

How to place a trade (order) on XM MT4 and MT5?

The trades can be placed in MetaTrader4 (MT4) quickly and easily.

First, it is necessary to create a “new order,” which can be done by pressing “F9” on your keyboard.

Choose “Tools” and then “New Order” from the upper toolbar, and it will open a dialogue box.

Following that, each of the six parameters is reviewed before deciding whether to purchase (long) or sell (short) the asset or cancel the order.

  1. Select the instrument you want to trade from the drop-down list under “Symbol.”
  2. The trade size is determined by the “Volume” amount, which is a pip or point amount, as well as profit or loss that may result from the trade.
  3. Include a “Stop Loss” value as well as a “Take Profit” (Limit) value. These values will cause the trade to close early if these values are met.
  4. The comment field can optionally include a “Comment.”
  5. You can choose either “Market Execution” as the order type (to execute immediately at the available market price) or “Pending Order,” and a set of additional parameters will appear (pending type, price, and expiry) for pending-order trades.
  6. Choose “Market” from the order “Type” drop-down box within the “Market Order” box. Order types are set to “Market” by default.
  7. Review the selected parameters and then to confirm the order-click either “Sell by Market” or “Buy by Market,” which will submit the order to establish a short (selling) position, or click either “Buy by Market,” which will submit the order to establish a long (buying) position.

In the case of no buy/sell buttons, the market hours of that trading instrument may have closed it, or one of the parameters may have been wrong. Last but not least, you can cancel the order by simply clicking on the X in the top right corner of the window.

Following a successful order submission, an “Order Confirmation” window appears, followed by a “Trade” tab that can be accessed from the “Terminal” and which can be used to manage the order.

FAQs

Frequently asked questions board showing directions

What documents are required to open a corporate account?

Company registration documents, director/s identification documents are required for all corporate registrations

If you entered the wrong email address, how to correct this?

If you’d like your email address verified, please create a new account

How long does it take for my account to be approved?

The information you provided on sign-up can be verified and validated using our 3rd party verification process so that you can be approved instantly.

What documents are required to approve my personal account?

You will also need to provide a copy of your passport/ID (front and back for ID cards) and a copy of your bank statement verifying your address during registration

Does your credit deplete your balance?

It is impossible to delete a credit balance, but you can lose credit to deplete your equity.

For example, are clients allowed to over-leverage their account with R1000/R500? How many positions are they allowed to open up on NAS 100?

There is no restriction on how many positions a client may open per instrument type. However, when opening additional positions, be aware of the risks involved.

Pros

  • The registration process is easy and quick
  • MT4 and MT5 version of Meta Trader is available with real accounts
  • Deposits are not required
  • Free accounts are available, having minimum spreads

Cons

  • Only a limited time is available for the Islamic account

Bottom line

Trade245 requires you to open a real trading account before you can begin trading. As a trader, you must determine your key goals, as well as your financial capabilities, before opening the account.

Beginners should open a demo account with Trade245. With the demo version, you can become familiar with the broker’s interface and learn about the broker’s key principles.

If your budget is tight, consider a Cent account. You can gradually increase your investment. In addition, it will protect you from serious financial losses.

3.4 stars from 83 ratings

up to 100%

Trade245 was established in July 2020 as a new forex and CFD trading platform that is still trying to earn people's trust.

Sign upSign up
CFD service. Your capital is at risk.
Remember that CFDs are a leveraged product and can result in the loss of your entire capital. Please ensure you fully understand the risks involved.

Relevant Posts

Leave a Reply

AvaTrade Logo

Traders’ #1 Broker

AvaTrade Logo

Traders’ #1 Broker

Traders’ #1 Broker

Minimum
Deposit

USD100

Welcome Bonus

Up to $2000

Let us help you get started!

Traders’ #1 Broker

AvaTrade Logo

Minimum Deposit

USD100

Max. Leverage

1:400

Welcome Bonus

up to $2000

Let us help you get started!