Whether you are a traditional trader who likes to buy and sell shares, or a new trader from generation Z who understands cryptocurrencies and enjoys trading them, you need a reliable broker to help you execute your trades safely and efficiently in the market. Your chosen broker should meet several criteria that we will discuss in this review, focusing on a well-known brand in this domain that goes by the name ClickTrades.
ClickTrades is a trading brand that operates under a registered and licensed financial-services company. It caters mainly to clients in many countries in Europe, among other geographical locations. Although it is still young, it has gained traction relatively quickly among traders.
ClickTrades takes special care of the client’s funds and data. It abides by the strictest regulations regarding protecting the privacy and data of clients, and it does not share the data of the users with third parties. No violations or concerns have been reported around ClickTrades in this area.
ClickTrades also takes good care of the client’s funds. The account is supplied with two-factor authentication, which is highly secure, and the password is encrypted. Client funds are separated from the operating funds of the brand to ensure the highest degree of integrity and security and to meet regulatory requirements.
ClickTrades clients, especially those with advanced accounts, have access to great support features. ClickTrades deploys skilled support professionals who are very knowledgeable and experienced in trading and investing. They usually provide guidance and assistance so that the clients can make informed decisions about their trades and portfolios at large. The team at ClickTrades speaks several languages including Arabic, English, and Spanish.
Other forms of support are available, too. These include the economic calendar and access to Trading Central, a sophisticated platform used by big institutions for analyzing the markets. However, ClickTrades support offering can be supplemented by adding periodic webinars to analyze the markets in our opinion.
ClickTrades offers a wide range of trading instruments. They include forex pairs, indices, shares, Exchange Traded Funds (ETFs), which are suitable for passive investors, and even cryptocurrencies, all available through CFDs. Those contracts have advantages such as low spreads and high leverage.
In addition, ClickTrades website offers a unique tool that helps traders build their portfolios. Each trader has different risk appetites, and this tool enables them to build the most suitable portfolio to their own risk preferences. It shows how different portfolio structures lead to different returns.
Pros and cons
- Wide range of trading instruments including cryptocurrencies
- Two available platforms rich in features
- Excellent support team
- Lack of webinars
- PayPal is not available as a payment method
- The mobile platform is only available for Android
Technically speaking, ClickTrades is a good choice, especially for technical traders who focus on technical analysis to generate trades. From a security standpoint, the brand meets all of the regulatory requirements to ensure the client’s funds and data security. Overall, despite a few shortcomings, we definitely recommend giving the ClickTrades platform a try.
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.