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Is ClickTrades a Good Online Trading Broker?

May 14, 2023

ClickTrades Review

ClickTrades logo

There are a few steps every online trader must take before starting. Choosing the right broker is a vital part of the process, and there are certain aspects that one should consider.

Since you will be trusting a corporation with your funds and information, you would want to be assured that they have your best interests at heart. ClickTrades is an online broker that offers CFD trading on multiple assets.  Let’s see how suitable they are in today’s financial climate.

About the brand

ClickTrades is an emerging online trading broker that offers a diverse selection of CFDs on financial instruments, including cryptocurrencies, bonds, shares, forex, indices, commodities, and ETFs.They allow access to the financial markets via the ClickTrades WebTrader and MetaTrader 5 platforms.

The broker offers very competitive trading conditions as well as a wide range of trading tools. They also give clients access to Trading Central, which provides in-depth market analysis. ClickTrades keeps traders informed about the latest market developments via their market news segment.

About ClickTrades

Trading Platform

ClickTrades users enjoy multiple tools, including the ClickTrades WebTrader and MetaTrader 5 trading platforms. These platforms allow access to over 2100 tradable assets.

The ClickTrades WebTrader is designed with an intuitive interface, has various execution modes, and an up-to-date financial news feed. Both platforms are downloadable as app formats and are Windows and Mac compatible.

In addition, the Trading Central tool is accessible to clients who subscribe to the Signature account. Trading Central is a third-party resource integrated with the ClickTrades WebTrader platform, giving you expert advice on trading analysis and strategies.

Account types

The ClickTrades offer includes the Essential, Original, and Signature account types. Essential account holders have access to the ClickTrades WebTrader, daily market news, daily analyst recommendations, video library, a demo account, and an account representative twice a week.

Original account holders receive the same perks as Essential. However, their account representative is available three times a week. Furthermore, they receive the ‘open access to research’ benefit.

Signature accounts receive additional benefits such as special trading conditions, Trading Central, and one-to-one meetings with account representatives.

The minimum to start trading is $1,000, and this will give you access to the Essential account benefits. However, those who would like more offerings can subscribe to the Original account, which requires the funding of $5,000 (or Signature at $25,000).

ClickTrades account types

Pros

  • Zero commissions on deposits and withdrawals
  • Quick trade execution via the ClickTrades WebTrader platform
  • Fast and secure payment methods
  • Affiliate program to earn referral income

Cons

  • An inactivity fee is valid after three months of no trading
  • There are only three account types

Summary

ClickTrades is an online trading broker that provides quality services to its customers. They offer every trader sufficient resources for the ultimate trading experience.  Their trading platforms allow for access to many tradable instruments; in addition, they provide excellent third-party resources to support your trading decisions.

ClickTrades constantly works hard to improve the platform, trading conditions, and strategies, as well as to promote education. We, therefore, recommend ClickTrades as a reputable brand.

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 Rating

9.7

Overall Broker Rating

9.7/10

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