Trading in financial markets requires brokers to have support. But as the technology grows, so is the number of brokers in the market. As a result, it becomes difficult for traders to choose the best.
Clicktrades is a forex broker that we’ll be analyzing with the article. With the Clicktrades short review, traders will briefly understand the broker and its services.
So, let’s dive in and learn more about Click Trades.
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What is Clicktrades?
Clicktrades is a forex broker in Cyprus. The broker was established in 2018 offering various trading services for clients. Seychelles Financial Services Authority regulates it for secure trading.
Traders can access advanced facilities like MetaTrader5, a proprietary web platform, and several products. The broker operates under KW Investments Limited and has the licence number SD020 to trade.
The broker’s headquarters lies in Cyprus and has registration number HE 388418.
Advantages and Disadvantages of Clicktrades
Clicktrades are gradually becoming known to traders. Within four years of its market services, it has achieved a lot. Moreover, the technology and services it offers for traders are secure.
But is it enough to trade? Indeed, no, traders need comprehensive options to make investments. To get an overview of the broker, we have its advantages and disadvantages below:
Advantages
- Offers seven categories and 2100 instruments to trade. There are 100 popular stocks, commodities, and cryptocurrencies to trade.
- Traders can use the broker in web form or through mobile apps.
- The web terminal of the broker is available in browser and application form.
- Provides ten charts simultaneously.
- Different types of orders
- Regulations and industry-standard operations
- FSA licence to trade in the market
- It provides an economic calendar.
- News feed and up-to-date analytics
- Offers clients technical support individually
Disadvantages
- High minimum deposit of $1000
- Does not have a cent (micro) account
- Low leverage facility in the beginning
Available Countries
Clicktrades is available in several countries. However, it majorly works in some of them. Below is the distribution of its operations in the countries it serves:
- India: 68%
- United Arab Emirates: 17%
- Vietnam: 10.6%
- Others: 4.4%
Countries Prohibited are:
- Japan
- Canada
- USA
Products to Trade
Clicktrades offer its clients a range of products to invest in. From bonds and stocks to cryptocurrencies, traders can choose the right one. Below is the list of products that traders can have with the broker:
- Bonds
- Commodities
- Forex
- Indices
- Shares
- ETFs
- Cryptocurrencies
The forex broker provides 55 currencies, 20+ digital coins, and 2095+ instruments for CFDs.
Payment Methods
To make transactions online, it is necessary to have a payment method. At Clicktrades, users can have several methods to select their payment procedure. So, let’s know what methods the broker offers:
- Neteller
- Skrill
- Wire Transfer
- YuuPay
- Fast Bank Transfer
- Credit Card
- APM
Using these, traders can make payments online easily anywhere around the world.
The deposit and withdrawal of funds are easy with Clicktrades. The minimum deposit to begin trade is $1000. Afterward, traders can withdraw by informing the broker and getting the funds.
Features
Clicktrades offers clients many services and features. Some of the best features of the broker include:
Referral
Clicktrades has the facility of referral for the new joiners of the platform. They can refer the broker to other friends or relatives to trade. When traders refer to it, they get 40% of the first deposit.
Isn’t it a fantastic trading facility for investors?
Leverage
Traders can use leverage to open high market positions with Clicktrades. In the beginning, the broker offers a 1:2 leverage ratio. But as the trader volume of investment increases, they get maximum leverage of 1:300.
WebTrader Platform
Clicktrades offers an intuitive and easy-to-trade platform. Traders can have everything on the trading platform.
It has new technology with fast execution, thus, excellent trading quality for the broker.
Traders can have the following in it:
- Range of instruments
- Free analysis tools
- Economic calendar
- Trading central
- Order types
Award-Winning Broker
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Clicktrades is an award-winning broker with the best market analysis. Traders can easily invest with the award-winning broker in three steps:
- Select asset
- Enhance trading strategies
- Learn to correlate market data using tools and diversify your portfolio
Conclusion
Clicktrades is a great trading platform with the best technology. Users can easily open their accounts and invest in the financial markets. The article briefs on Clicktrades short review.
Thus, increasing market knowledge and having a new trading platform to make investments. Traders can use the broker with the best tools and services to earn profits.