ClickTrades Broker Review 2022: Scam Or Safe? Pros & Cons



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ClickTrades is an online forex broker that offers a diverse selection of 2,100+ Forex and CFD products for trading using their proprietary WebTrader platform and the sophisticated MetaTrader 5 platform for desktop, web, and mobile devices. In addition, the broker offers very favourable trading circumstances as well as a broad range of trading tools. 

Click Trades is an online brokerage that offers Forex and CFD trading to clients around the globe. The broker offers market news, tools, and technical & fundamental analytics to assist traders with their trading strategies and judgments. They also offer narrow spreads, quick trade execution, large leverage, and no deposits or withdrawal commissions.

Clients also get full access to Online Trading Central, which offers deep market information as well as practical trading suggestions along with rich analytics tool for technical analysis. We are going to provide you with all insights and features of the brokerage firm in this detailed ClickTrades review.

ClickTrades Review: Pros and Cons


  • Over 2100 CFDs on various asset classes
  • Easy-to-use platform
  • Fast execution
  • No commission
  • Offers robust data safety
  • Trading central
  • Member of Investors Compensation Fund
  • Fast and safe payment methods
  • Weekly CFD expiration rollover


  • Not available for residents in U.S., Canada, and Japan
  • No educational materials except a financial dictionary
  • Broker charges overnight and inactivity fee 
  • Minimum initial deposit $1000
  • No MetaTrader 4 (MT4)
  • Low leverage

Is ClickTrades a Scam? Regulation

ClickTrades operates under its parent company – KW Investments Limited, a financial service provider authorized and regulated by the Seychelles Financial Services Authority (FSA) under license number SD020. Its partner company – Key Way Solutions Ltd, supplies content and manages the business from Nicosia, Cyprus.

ClickTrades Review: Trading Account Types

There are three main retail investor accounts available at ClickTrades. The three types of accounts include essential account, original account, and signature account. Additionally, the brokerage platform doesn’t establish accounts for residents of certain jurisdictions, including the USA, Canada and Japan.

Click Trades suggests that the essential account is suitable for all trading style; traders can pick the original account type if they want to. The signature account type is ideal for seasoned traders.  

Essential Account

  • Minimum Deposit $1000
  • Demo account
  • Access to the video library
  • Third-party analyst recommendations daily
  • 2 days/week dedicated account support
  • Daily news updates and research 

Original Account

  • Minimum Deposit $5000
  • Demo account
  • Access to the video library
  • Third-party analyst recommendations daily
  • 3 days/week dedicated account support
  • Daily news updates and research 
  • Open access to research

Signature Account

  • Minimum Deposit $25000
  • Demo account
  • Access to the video library
  • Third-party analyst recommendations daily
  • 5 days/week dedicated account support
  • Daily news updates and research 
  • Trading central
  • Special trading conditions
  • Track market movements based on multiple daily updates
  • Access to one-to-one meetings with the account representative

Islamic Accounts

The broker also offers a (Swap-Free) Islamic Account. The account is specially created for traders of the Muslim Faith. In order to become eligible for such an account, the broker reserves the right to investigate your current situation.

ClickTrades Review: How To Open An Account? 

The platform’s user-friendly trading system makes it simple to open a trading account. Here’s a step-by-step process to start trading on a real account:

  • You must fill out a brief online application form provided by the broker.
  • As part of knowing customers’ procedures, you will be required to give some personal information as well as documentation. 
  • Now, make the first deposit in your account.
  • Following that, log in to your account to start trading online utilizing the provided platforms once validated.

ClickTrades Review: Available Trading Platforms

On both desktop and mobile devices, Click Trades provides complete access to WebTrader, a high-tech and user-friendly platform that allows trading sessions from a wide selection of over 2,100+ assets. They also provide the advanced MetaTrader 5 trading platform, which is utilised by millions of traders all around the world.


ClickTrades offers an intuitive and simple-to-use platform with all of the features you’d expect from a platform built on the latest technologies and designed for dependable execution.

Clicktrades WebTrader allows you to stay connected to the markets through a good internet connection and a web browser, with access to a variety of world-class assets such as Forex, commodities, indices, ETFs, and bonds. Here are salient features of WebTrader.

  • Trading central
  • Stop and limit orders
  • Wide range of instruments
  • Central economic calendar
  • Instant execution of trades
  • Technical analysis tools
  • Innovative tools
  • Trading Signals
  • Negative balance protection
  • Advanced Interactive charts

MetaTrader 5 (MT5)

MetaTrader 5 (MT5) is a well-known trading platform used by Forex, stock, and CFD traders of different levels of experience from across the world. It was created by MetaQuotes, a Russian software company, and is known for having a user-friendly interface that can be entirely customised to meet the demands of individual traders, so they can start trading conveniently.

You can easily monitor your whole portfolio in real-time with the help of navigators and asset control services. In addition, over 30 built-in indicators, 2,000+ free custom indicators, and nine timeframes are available in MT5.

You get to design your own interface, so pick your favourite chart kinds, colours, and technical components for quick and easy access to the information that matters most to you. Here are the key features of the MetaTrader 5 trading platform. 

  • A large number of technical indicators and free analysis tools
  • 24/5 market access
  • Intuitive and easy platform
  • Multiple timeframes
  • Extended market coverage through updates
  • Limit and stop orders
  • Economic Calendar for market analysis
  • Built-in extensive analysis tools
  • Stop loss and take profit functions
  • Quick trade execution
  • Compatible with all devices

ClickTrades Review: What Trading Instruments Are Available?

ClickTrades offers CFD (Contracts for Difference) on 2100+ trading instruments to trade. When you trade CFDs, you are betting on the price movement, up or down, rather than purchasing or owning the underlying asset. A contract for difference (CFD) is an agreement between two parties to pay the difference between the current and future prices.

Forex Trading

Choose from three popular FX pairs: majors, minors, exotics, and trade currencies on a worldwide, decentralised market with competitive spreads and high liquidity with ClickTrades. Apply all your trading strategies to get the most out of this market. 


ClickTrades allows you to trade the most popular stocks on the international stock exchanges (across Europe, Asia, Australia, and the U.S Market).


At least one financial index exists in the majority of developed and developing countries. Moreover, CFDs on Indices cover over 26 worldwide indices, with attractive spreads and substantial leverage if you prefer to trade these instruments.


Banks or governments issue bonds to raise cash; consequently, every trader who chooses to trade CFDs on bonds should be aware that the bond market offers a variety of chances. These are among the best investment instruments. 


When trading CFDs on commodities, you have two options: soft commodities, which include grown goods like wheat or rice, and hard commodities, which include mined products like precious metals, gas, and oil.

Exchange-Traded Funds (ETFs)

Trading CFDs on ETFs (Exchange Traded Funds) can be appealing to certain traders because they have high daily liquidity and low fees.


Clicktrades offers trading opportunities only in six cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Dash, Bitcoin Cash, and Ripple.

ClickTrades Review: Commission and Spreads

Although various factors may determine the size of the spread, ClickTrades has tight spreads. This is because there are no transaction fees or commissions at ClickTrades. In addition, there are no deposit fees charged by the broker. However, users are subject to pay bank charges for using specific payment methods such as bank transfer. 

When the currency of your account differs from the currency of the traded instruments, ClickTrades will charge a conversion fee. The conversion fee is a fixed fee of 0.5% that applies to Webtrader users.

If you keep a position open overnight, ClickTrades will charge you a swap fee, which will be added to or deducted from your account. In addition, if a customer account has been inactive for three months or more due to a lack of order execution, you will be charged for an inactive account a maintenance fee.

ClickTrades Review: Maximum Leverage 

There is flexible leverage of up to 1:300. To be assigned to a specific Leverage category, you must pass the suitability test, which will demonstrate to ClickTrades your expertise of CFD trading online. In addition, according to the applicable rule, the broker must acquire information about its customers and their trading experience in order to determine whether the services they provide are appropriate for their clients.

ClickTrades Review: Deposit And Withdrawals

The broker has a much smaller selection of alternatives.

  • Bank wire transfers
  • Credit/debit cards (Visa, Mastercard)
  • Online payments processors, such as Trustly, Neteller and Paysafecard,

There are no fees for depositing funds in the account. If you want to deposit funds into your ClickTrades account, you must use a payment account that is registered in your name. You can withdraw your capital as long as you meet the broker’s regulatory standards. Your profits will be released using the same method that you used to deposit them.

ClickTrades Review: Educational And Research Support

On the Clicktrades website, there are no educational resources. It can be a significant disadvantage for new clients who are unable to obtain assistance with trade knowledge. Every trader can have access to educational resources. Trading in the financial markets will be difficult without it since every trader must understand the dynamics of the market and the various trading techniques.

The broker provides only the most basic research tools. It just serves as an economic calendar for the traders. However, it might be a significant setback because a thorough analysis is essential for successful trading and investing. Without analysis, it is impossible to establish the entry and departure points, as well as the price movement of the assets. 

Other top brokers provide a variety of research tools to aid traders in comprehending market activity and successfully executing trading methods.

ClickTrades Review: Customer Support

ClickTrades customer support is available in multiple languages, including English, Spanish, etc. In addition, you can get in touch with the support team via phone, live chat, and email. The account representative team is very supportive and responds quickly. Also, the team has fewer negative reviews on the internet. 

Users can contact the customer support team from Monday to Friday via:

  • Email: support[email protected]
  • Phone Numbers: +507 838 8578, +965 22 06 89 97
  • Live Chat
  • Address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe Seychelles
  • Social Networks: Facebook, Twitter, LinkedIn


As CFD trading involves a significant risk of loss, finding a good broker becomes even more important. In this way, ClickTrades is an online forex broker that provides a diverse choice of assets to clients all over the world. They offer several user-friendly and robust trading platforms to choose from, as well as a number of built-in trading tools, including Trading Central.

The broker does not charge commission fees since the mark-up spreads are fair given the lack of a commission cost. In addition, the broker offers a wide range of funding choices and account kinds to meet the demands of different traders.

In our opinion, you can easily trade with the most popular and common platform – MetaTrader 4 (MT4), which is offered by a reputed brokerage firm Investby.


Is Clicktrades Legit?

Clicktrades is a legit broker as it is authorised and regulated by the Seychelles Financial Services Authority (FSA), license number SD020.

How Good Clicktrade Reviews Are?

Clicktrades is a decent broker with plenty of good reviews from its existing users.

Is Clicktrade App Available in The USA?

No, the platform doesn’t provide services in the US.

Who Owns Clicktrades?

The platform is owned and operated by KW Investments Limited.

Can I Lose Money With Clicktrades?

CFD trading on any platform carries a high risk of loss, along with good profits. There are many reasons for losing money quickly, including a lack of good trading strategies, trading decisions and market knowledge. So, it is always good to have a trading strategy to mitigate market risks.

Do Clicktrades Offer Any Bonus?

The platform gives a bonus on deposited funds.

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