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245 Trades Review: Can 245 Trades Turn Ideas Into Automation?

245 Trades Review

Join us for an insightful review of 245 Trades. This is a MetaTrader terminal tools provider with over a decade of experience since 2007.

Their team says this company is popular for offering free forex trading tips and analysis. Are they as good as they claim to be? Let’s dive into the intricacies to uncover the true essence. Keep reading this insightful 245 Trades review for more interesting facts!

Introduction to 245 Trades

With over 10 years of expertise, 245 Trades emerged with a mission in 2007. Namely, this mission was to provide top-quality trading tools. We must say that this is a real motivator!

Positioned as a hub for free forex trading tips and analysis, it aspires to guide traders toward consistent profits. This sounds quite good in terms of the dynamic currency trading landscape. We’re just getting started, but the tangible proof of their reliability remains a focus.

Warning: We must note that this firm received a warning from the FCA. This just confirms our suspicion that they may not be reliable after all. 

General information
Name 245 Trades
Type of company Trading Tool
Regulation status Not expected
Warnings from Financial Regulators FCA
Website link https://245trades.com/
Active since 2018
Registered in 19-188 Cole St, London SE1 4YH, United Kingdom
Contact info [email protected], +(44) 20-3218-0617
Trading platforms MT4, MT5
Majority of clients are from South Africa, Namibia, Botswana, United States, Lesotho
Customer support Phone and email 
Compensation fund No

Exploring Quick Trading Pad for MT4

A highlight in their toolkit is the Quick Trading Pad for MT4. We can see that this one apparently includes benefits like speed and efficiency. That indeed sounds good!

It claims to boost the trading experience by offering instant trade orders, pending orders, and order management. Still, the question remains: are there superior tools waiting to be found? We think there are.

245 Trades Signals and MT4 Tools

245Trades offers an array of tools designed to simplify analysis and trading. Let’s take a closer look at some of them below.

  • Buy/Sell Trade Provider
  • Reversal Scalping Indicator
  • Forex Trend Analyzer
  • Free Forex Signals
  • Quick Trading Pad
  • MQL Coding Services
  • Economic Calendar

Indeed, you can see that the suite is extensive.

Note: UberChains is an unlicensed and unregulated broker. We can see that it falsely claims to have 21 years of experience and 18 prestigious awards.

Telegram Forex Signals

For those in pursuit of FX signals, this trading tool extends an invitation through their Telegram channel. We can see that they talk about reliability, accuracy, and instant alerts.

We also see coverage of major forex assets, web app support, compatibility with all FX brokers, and a dedicated support team.

The promises are indeed interesting! Still, the real test is how these signals perform in the real world, a factor that’s still a mystery.

Pips Gainer V1.0 – Momentum Trading Strategies

So, speaking of 245 Trades trading tools, what is Forex Pips Gainer V1.0? We see that their advanced momentum trading strategies promise an 80% minimum profit ratio.

It claims to deliver instant scalping trades. However, we need to be cautious and evaluate its performance independently. As we said before, there is little proof that this company is actually as good as it seems. 

MQL Coding Service

This tool can apparently convert your trading strategy into MQL Code. Notably, they say that this would automate your system and save time on market analysis. But, can they deliver on this promise?

Their team of MQL4 and MQL5 developers promises quick turnaround, offering services like creating MQL Scripts and fixing bugs. With over 7+ years of experience, they boast 24/5 support. This sounds good after all.

Tip: Lumina Group claims to offer a wide range of trading tools, including FX, stocks, indices, and commodities. However, this is a fraudulent broker. You are unlikely to make any profits, and you may not be able to withdraw the funds you invested in the first place. 

Pricing

Complete MQL Indicator or Script code – €49

  • Developer support
  • Direct chat with MQL developer
  • Delivery within 24-48 hours
  • Support 24/5 hours
  • Get your license now

Complete MQL Expert Advisor code – €99

  • Developer support
  • Direct chat with MQL developer
  • Delivery within 24-48 hours
  • Support 24/5 hours

Reviews from Trustpilot

So, what are traders saying about this tool? Trustpilot gives 245 Trades an average rating of 3.3 stars, indicating somewhat mixed sentiment. In our opinion, this does not instill much confidence.

In finance, relying on platforms with ratings below 4.5 stars can be risky. Are these reviews reflective of real experiences, or is there more beneath the surface? Nobody knows for sure.

Mastering Safe Investments

Exploring different investment platforms requires a cautious approach. Not all that glitters is gold, especially when it comes to trading bots and tools. Numerous scams involve the creation of fake bots or platforms that vanish with investors’ hard-earned money. To steer clear of these potential pitfalls, consider these practical tips:

  • Stay alert: Don’t trust platforms claiming extraordinary returns. Many are designed to deceive unsuspecting investors.
  • Knowledge matters: Equip yourself with information about common bot scams.
  • Do your own research: Take the time to dig around for legitimate trading platforms. Be cautious if an offer sounds too good to be true.
  • Reviews matter: Check out user reviews to gain insights into the credibility and performance of a platform. This is a must!
  • Invest in safety: Strengthen your defenses against fake entities by investing in robust bot detection software. A proactive approach can help keep scams at bay.

By following these steps, you significantly reduce the risk of falling victim to a bot scam. Keep that in mind! 

Earning Money Trading – A Closer Look

So, are you willing to make money from online trading? We are here to offer informative Zoom consultations, tailored for you!

Now, there’s something much more interesting – our new proprietary trading offer! We aim to provide a chance for you to earn up to $180,000. You can test it out now, and enjoy all the benefits of prop trading!

Final Words

In wrapping up, 245 Trades showcases an array of services. They have integrations with the best platforms on the market. Moreover, we indeed liked their features and trading tools. However, before jumping in, it’s essential to question the validity of their claims. There is mixed sentiment among traders, and this tool is not so popular after all.

After all, we offer a distinctive alternative with potentially greater benefits. So, check out our prop trading offer today, and boost your trading game! Choose wisely for a secure and rewarding experience.

FAQ

What is 245 Trades?

This is a shady trading tool that has many features.

How Does 245 Trades Work?

It offers trading tools and services on MT4 and MT5.

How Much Does 245 Trades Cost?

Pricing varies and goes up to €99.

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