Unlockables

Trophies - Complete each condition to get the allotted Trophies. There are 35 Bronze Trophies, 10 Silver Trophies, 2 Gold Trophies, and 1 Platinum Trophy.

10 Years Too Early (Silver) Win 50 online battles. (ranked match or player match)
10 Years Too Late (Gold) Win 100 online battles. (ranked match or player match)
All Dolled Up (Bronze) Set your Title and Icon.
Arcade Rat (Bronze) Clear Arcade Mode with 1 character on Medium or higher difficulty.
Challenge Expert (Bronze) Clear all Challenges in Challenge Mode.
Challenger (Bronze) Clear a Challenge in Challenge Mode.
Color Guard (Bronze) Unlock all Colors.
Crowd Pleasing Master (Bronze) Perform 10 Personal Actions.
EX-cellent Master (Bronze) Perform 100 EX Special Moves.
First Victory (Bronze) Win 1 ranked match.
Focus Master (Bronze) Perform 100 successful Focus Attacks.
Hard Fought Battles (Bronze) Play 200 online battles. (ranked match or player match)
I Got Next! (Silver) Win 5 ranked matches in a row.
Icon Master (Silver) Collect all Icons.
Last Man Standing (Bronze) Cleared HARD Survival in Challenge Mode.
Legendary Champion (Silver) Defeat Gouken and clear Arcade Mode in Hardest difficulty.
Lobbyist (Bronze) Create 10 multiplayer lobbies.
Medal Collector (Bronze) Collect 100 Medals.
Medal Hunter (Bronze) Collect 500 Medals.
Medal Master (Bronze) Collect 1,000 Medals.
Medals Get! (Bronze) Collect all Medal types.
No Challenge Too Hard (Bronze) Cleared HARD Trial in Challenge Mode.
No Sweat (Bronze) Unlock all Personal Actions.
Playing To Win! (Silver) Win 10 ranked matches in a row.
Proof of Battle (Bronze) Play 500 online battles. (ranked match or player match)
Rapid Fighter (Bronze) Clear NORMAL Time Attack in Challenge Mode.
Save Your Quarters (Silver) Clear Arcade Mode without using a single continue on Medium or higher difficulty.
Simply Perfect (Bronze) Achieve 10 Perfect victories.
Special Move Master (Bronze) Perform 100 Special Moves.
Speed King (Bronze) Cleared HARD Time Attack in Challenge Mode.
Storied Reputation (Silver) Clear Arcade Mode with all characters on Medium or higher difficulty.
Sunny Daze (Silver) Perform 365 flashy background finishes.
Super Combo Champion (Bronze) Perform 50 Super Combo finishes.
Super Combo Master (Bronze) Perform 100 Super Combos.
Taking On All Comers (Bronze) Fight 10 opponents via fight requests.
Technical Fighter (Bronze) Clear NORMAL Trial in Challenge Mode.
The Gold Standard (Gold) Earn gold medals in all challenges.
The Journey Begins (Bronze) Win 10 online battles. (ranked match or player match)
The Line Starts Here (Bronze) Win 3 ranked matches in a row.
The Road to Battle (Bronze) Play 100 online battles. (ranked match or player match)
The World Warrior (Bronze) Unlock all characters.
Title Master (Silver) Collect all Titles.
Tough Cookie (Bronze) Clear NORMAL Survival in Challenge Mode.
Ultra Combo Champion (Bronze) Perform 50 Ultra Combo finishes.
Ultra Combo Master (Bronze) Perform 100 Ultra Combos.
Unbeatable Fist (Platinum) Ruler of All
Way of the Fist (Bronze) Win 5 online battles. (ranked match or player match)
World Champion (Silver) Clear Arcade Mode on Hardestb difficulty.

Unlocking Characters - With every character you beat the game, another one gets unlocked, heres who unlocks what.

Akuma After unlocking Sakura, Dan, Cammy, Fei Long, Gen and Rose, Fight him on arcade mode, to do that, Get at least 2 perfects and 2 Ultra Finishes.
Cammy End the arcade mode with Crimson Viper
Dan End the arcade mode with Sakura
Fei Long End the arcade mode with Abel
Gen End the arcade mode with Chun-Li
Gouken After unlocking Akuma, Sakura, Dan, Cammy, Fei Long, Gen and Rose, Fight him on arcade mode, to do that, Get at least 2 perfects and 3 Ultra Finishes.
Rose End the arcade mode with M.Bison
Sakura End the arcade mode with Ryu
Seth End the game with all the other characters