CLICK TRADE Broker Review

CLICK TRADE Review 3

Latest All(3) Neutral(1) Exposure(2)

Neutral

I have been using Clicktrade for almost two weeks and I can simply say that this broker is best. I did not try its demo account and directly opened the real account. I was afraid of being scammed at first, but thankfully, everything is good. my account manager helped me take care of my trades, and I feel that I am so lucky to find this broker. Yes, I am a lucky guy.

迈特总部招商

2023-03-23

Exposure

Do not allow to withdraw

I went to withdraw $7000 and he will not let me do it. I saw the message and it says that my investment is also not returned to me which was $3000. Likewise, I see that the board has already removed the withdraw function.

+1

FX3823388445

2021-12-22

Exposure

ALERT

Don't trust them. They scammed me and I won't be able to get my money back. I already assumed it. Also, when looking for reviews on BizzTrade, we did not find any other reviews. In short, I suggest you to be careful that the same thing does not happen to you.

Erí Kínn

2021-12-20

Click Trade 2025 Review: Everything You Need to Know

　　Click Trade has garnered mixed reviews since its inception in 2018, with a range of opinions from users and experts alike. While some praise its diverse asset offerings and trading platforms, others raise concerns about its regulatory status and user experiences. Key features include a minimum deposit requirement of $1,000 and a maximum leverage of 1:300, which may not appeal to all traders.

　　Note: It is crucial to recognize that Click Trade operates under different entities across various regions, which can significantly impact user experiences and regulatory oversight. This review aims to present a fair and accurate assessment of Click Trade based on multiple sources.

Ratings Overview

Category	Rating (out of 10)
Account Conditions	4.0
Tools and Resources	5.5
Customer Service and Support	5.0
Trading Setup	6.0
Trustworthiness	3.5
User Experience	4.5
Overall Experience	4.5

　　How We Rate Brokers: Our ratings are based on user feedback, expert opinions, and factual data regarding the broker's offerings and performance.

Broker Overview

　　Founded in 2018, Click Trade is operated by KW Investments Limited and is regulated by the Seychelles Financial Services Authority (FSA) under license number SD 020. The broker provides access to a variety of trading platforms, including its proprietary WebTrader and MetaTrader 5 (MT5). Traders can access a wide selection of assets, including forex, stocks, commodities, indices, ETFs, and cryptocurrencies.

Detailed Overview

Regulated Regions: Click Trade is primarily regulated in Seychelles, which is often considered an offshore jurisdiction. The regulatory framework here is less stringent compared to major jurisdictions like the UK or the US.
Deposit/Withdrawal Currencies: Click Trade accepts deposits and withdrawals in USD and several other popular currencies, but does not currently support cryptocurrency transactions.
Minimum Deposit: A minimum deposit of $1,000 is required to open an account, which may deter novice traders looking for lower entry points.
Bonuses/Promotions: Click Trade does not appear to offer substantial bonuses or promotions, which is a common feature among many brokers.
Asset Classes: The broker provides access to over 2,100 instruments, including major forex pairs, commodities like gold and oil, and a selection of cryptocurrencies.
Costs: Spreads vary depending on the asset class, with forex spreads starting from 0.0001 pips, although some reviews suggest they can be as high as 2-4 pips.
Leverage: Click Trade offers leverage of up to 1:300, which is appealing to experienced traders but may pose risks for those unfamiliar with leveraged trading.
Trading Platforms: Click Trade offers its proprietary WebTrader platform and MT5, but lacks support for other popular platforms like MetaTrader 4 (MT4).
Restricted Regions: The broker does not accept clients from the USA, Canada, and Japan, which is a common limitation for many offshore brokers.
Customer Support Languages: Click Trade provides customer support in multiple languages, including English, Spanish, Arabic, Russian, and Indonesian.

Detailed Ratings Breakdown

Account Conditions: 4.0/10

　　The minimum deposit requirement of $1,000 is relatively high compared to other brokers, making it less accessible for new traders. While the broker offers three account types—Essential, Original, and Signature—many users have noted that the features do not justify the high entry costs.

Tools and Resources: 5.5/10

　　Click Trade provides a reasonable set of tools, including an economic calendar and access to Trading Central for market analysis. However, the lack of comprehensive educational resources and tutorials is a significant drawback, particularly for novice traders.

Customer Service and Support: 5.0/10

　　Customer support is available via email and phone, but many users have reported slow response times and a lack of dedicated assistance. The absence of live chat is also a notable disadvantage.

Trading Setup: 6.0/10

　　The trading experience on Click Trade is generally smooth, with the WebTrader platform being user-friendly. However, the absence of MT4 and other popular platforms may limit options for some traders.

Trustworthiness: 3.5/10

　　Click Trade's regulatory status raises concerns, as it operates under the Seychelles FSA, which is not considered a top-tier regulatory authority. This has led to skepticism regarding the safety of funds and the overall reliability of the broker.

User Experience: 4.5/10

　　User experiences vary widely, with some traders praising the platform's execution speed and asset selection, while others report difficulties with withdrawals and account management. Negative reviews regarding service quality are prevalent, impacting overall user satisfaction.

Conclusion

　　In summary, Click Trade presents a mixed bag of offerings and experiences. While it provides access to a wide range of assets and competitive leverage, the high minimum deposit, regulatory concerns, and varying user experiences may deter potential traders. As always, it is advisable to conduct thorough research and consider personal trading needs before committing to any broker.

　　For those considering Click Trade, it is essential to weigh the pros and cons carefully and to remain vigilant about the potential risks involved in trading with an offshore broker.