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ClickTrades Review: If trading CFDs is for you, check out ClickTrades
Trading CFDs is not for everyone and requires good knowledge of the financial markets. However, many people start trading without the proper knowledge and guidance.
If you wish to start trading or change your trading style, you will need to join a broker that offers the right asset classes, trading platform, and resources, to enable an easy transition
ClickTrades wants to change the way investors see online trading and their goal is to constantly improve their platform and trading conditions. We have reviewed these so you can determine if this brand is for you.
About the brand
ClickTrades is a financial broker that offers trading in CFDs of over 2100 assets. Their mission is to change the online experience for beginner and experienced traders. Because of their focus on customers’ needs, they aim to provide the necessary resources and develop strategies to educate their clients.
As mentioned, over 2100 CFD assets across 7 categories, these are: cryptocurrencies, bonds, shares, forex, indices, commodities, and ETFs.
Platform
ClickTrades has designed a WebTrader platform to allow online CFD trading on-the-go. Besides the WebTrader, trading is possible through the MetaTrader 5 platform as well, both are downloadable mobile applications.
The WebTrader has features such as Trading Central, which is a third-party analysis tool which has advanced indicators and resources to assist with technical analysis.
Live news feeds are embedded in the platform which allows you to stay connected to current events.
Deposit and withdrawals
ClickTrades payment options are adapted to your location, and they offer multiple methods for deposit and withdrawals. You can deposit using debit/credit cards, bank wire and other online payment services like Skrill and Neteller.
They don’t charge deposit fees, however if you deposit in a different currency than the one your account is denominated in, you may be subjected to pay commissions to cover the conversion.
Withdrawals are done via the platform and you have to withdraw using the same method as for funding, to comply with anti-money laundering policies. To ensure the funds are returned to the legal owner, ClickTrades might request additional documents to verify your identity.
Accounts
ClickTrades offers several accounts which are categorised as Essential, Original, and Signature. Each account type has a set of defined benefits such as dedicated account representatives, daily market research and analysis, and full access to the video library.
Signature accounts, which require a minimum deposit of $25000, have additional benefits such as Special trading conditions, Trading Central, and One-to-One account representative.
When opening an account, ClickTrades requires you to perform an appropriateness test which determines your CFD trading knowledge. This information is used to determine the leverage category for your account.
Summary
To summarize, ClickTrades offers multiple features to enable a smooth trading experience. They take care to ensure they remain legally compliant and ensure client’s best interests are protected, thereby living up to their promise to be client focused. ClickTrades is definitely a brand to partner with as you start your trading journey.
The materials appearing in this document are not written by ClickTrades but by an independent third party and should not in any way be construed, either explicitly or implicitly, directly, or indirectly, as investment advice or a recommendation or suggestion of an investment strategy concerning a financial instrument, in any manner whatsoever. Trading CFDs involves a significant risk of loss.
ClickTrades Overview
Product Name: ClickTrades
Product Description: ClickTrades is a financial broker that offers trading in CFDs of over 2100 assets. Their mission is to change the online experience for beginner and experienced traders. Because of their focus on customers’ needs, they aim to provide the necessary resources and develop strategies to educate their clients.
Brand: ClickTrades
Offer URL: https://clicktrades.com/
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Trading Platform
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Accounts
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Assets
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Customer Support
Summary
To summarize, ClickTrades offers multiple features to enable a smooth trading experience. They take care to ensure they remain legally compliant and ensure client’s best interests are protected, thereby living up to their promise to be client focused. ClickTrades is definitely a brand to partner with as you start your trading journey.
Pros
- Cutting edge WebTrader platform
- Trading is possible on WebTrader and MT5 apps
- Multiple payment methods
- Affiliate program to benefit from referral income
Cons
- Higher initial deposit of $1000
- Trading Central is only available for Signature account holders
