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Forensic review · October 2026

Trade245 Review — Is Trade245 a Scam?

Forensics Source Group is not affiliated to this broker. We do not hold this account, we cannot close a balance, and we do not phone you as this firm.

Yes. Trade245 is a South African-facing forex/CFD broker claiming operation under Red Pine Capital (Pty) Ltd with FSCA FSP 46044 — a linkage researchers could not verify — and a documented clone problem running in both directions The notices are written once, in the block below. If you paid trade245.com, the date and how you paid are the part this review cannot see.

Send this to Forensics Source Group
The short answerExhibits core scam red flags
WithdrawalsRefused in a documented case
What to doSend it to Forensics Source Group
The record

What the notices say

  • BrokersView's investigation: the FSCA registry carries no trade names or domains, so the Trade245 ↔ Red Pine Capital link cannot be confirmed — and another brand (ZumaMarkets) uses the same Red Pine licence details. WikiFX (1 Sep 2026): “No forex trading license found”, score 2.01.
  • WikiFX's exposure series (Jun–Aug 2026): “accepts deposits smoothly but blocks withdrawals, deactivates profitable accounts… unverified FSCA licences and a BAPPEBTI blacklist entry” — plus BrokersView-documented withdrawal complaints and “fake data on MT4 mobile vs desktop” allegations.
  • The clone problem is documented both ways: scammers clone Trade245 (TradersTrusted notes FSCA cautions about impostors), while the affiliate FAQ site trade245.org currently outranks the brand with its own “support” contacts. A reader cannot reliably tell real from fake.
  • Aggregators disagree — SA Shares (2026) gives 7/10 “trustworthy”, Pippenguin calls the picture mixed — which is precisely why the licence linkage matters more than any rating.
Loss or this pattern

A trading loss and this pattern are not the same

A trading loss is a real position that moved against you. You can see the trade. The pattern below is a different event.

  • smooth deposits, then withdrawal rejections or delays
  • profitable accounts deactivated
  • requotes during news and support silence
  • a search-results page where an impostor FAQ site outranks the broker itself
FAQ

Frequently asked questions

Can you close my Trade245 account, or have the person who phoned me call again?

Forensics Source Group is not affiliated to this broker. We do not hold an account at trade245.com. We cannot confirm a balance, close an account, or phone you as Trade245.

Trade245 says I must pay a tax or fee before withdrawing — should I?

No. A real broker deducts a fee from the balance. A new payment to release your own money is a second charge. Keep the message that asked for it.

What do you do with what I send?

We place it next to the record above. Where the same payment shows up from other people, those files can sit together as a class action. The first look is free.

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Forensics Source Group is not affiliated to this broker. We cannot close an account or confirm a balance. Write the date and how you paid.

Office5615 Concord Pike, Wilmington, Delaware 19803, USA
CoverageUnited States · United Kingdom · European Union · Germany
Forensics Source Group operates lawfully and only on systems, devices and accounts our clients own or are legally authorized to examine. This review is a forensic assessment of publicly observable information as of October 2026; it is not investment advice.