On-line since: About the company: ClickTrade.es offers to trade stocks and derivatives (Forex, options, CFDs, and futures). Company. Security of funds ClickTrade.es is a Spanish broker which is belong to iBroker Global Markets SV, SA that also owns another broker, iBroker. Despite the fact that ClickTrade and iBroker are legally separated and have different domains, in fact, they represent a single trading platform. ClickTrade specializes in stock trading, while iBroker is focused on derivatives. Integration simplified the process of opening an account. The single contract includes trading both types of assets. iBroker Global Markets is regulated by the National Securities Market Commission (CNMV, registration number 260). The CNMV is an independent agency but falls under the Ministry of Economy and Finance of Spain. Licensed financial services providers in Spain are required to keep client funds in segregated accounts. Besides, as Spain is a member of the EU, traders can be certain of the MiFID compliance. This European Directive is designed to regulate investment services across all EU member states with the goal of increasing competition and consumer protection. Moreover, ClockTrade is entitled to provide its services throughout the European Union. In addition, iBroker Global Markets is a member of FOGAIN, the investors compensation scheme for clients of Spanish investment firms, which guarantees the return of up to EUR 100,000, in case a regulated company becomes insolvent. The broker is headquartered in Madrid. Trading conditions ClickTrade offers a single live account. You can also start trading with a demo account. Minimum initial deposit ClickTrade sets no minimum initial deposit; however, we recommend traders to begin with EUR 100. Spreads and commissions ClickTrade claims to provide spreads from 0 pips. In fact, spreads averaged 0.2 pip for EUR/USD, and there is a commission of $7 per lot. Thus, trading costs are about 0.9 pip. This is a very good offer in the industry. Leverage We could not find information about leverage freely available on the website of ClickTrade. Apparently, it could be seen only after registration. Trading platforms You will not find the popular MT4 platform with this broker. iBroker provides its clients with its own web-based platforms: the first one is used to trade stocks and the second one - derivatives. Professional and easy-to-use platform allows customers to work with several products: futures, options, CFDs, and Forex. Traders can use advisors. News, macro calendar, scripts, viewing of balances, orders, and positions - all this is available with the platform. It is accessible from PC and MAC from any browser. Analytics and news ClickTrade holds free seminars on forex and technical analysis. Webinars are also accessible on the site, and any trader registered with the company can watch them. Support service The support service is available via live chat, phone, or email. It works from 8 am to 10 am five days a week. Payment options There is no information on payment methods on the website. Advantages:
Disadvantages:
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ClickTrade have several issues. The major problem of this broker is they will do a margin call and close my positions even though not even close to use the limit. When I tried contacting their customer support to ask some basic questions and I am, surprised that it took them one month to respond.
I started work with Click Trade from last seven months and still working with this broker cause they are best they offer minimum spread and best offers every month to their clients. I totally love their trading conditions that are very pleasant with withdrawals process run fast without fees and when I use wire transfer payment instrument, they gives me bonus. I will keep on improve and learn new strategy to get more profit and bonus in this broker. I only have good experience with them because even when the market is volatile, I don't experience any freezing issues. Execution was exceptionally good: never had any problem, always filled - no overquotes. A day ago, I requested a withdrawal of $500 via Bank Transfer and they processed it within 1-2 working days as I have seen it in my bank account.
ClickTrade platform given me a horrible experience in the market so far. Their Web Trader forex trading platform isn't suitable for me, As my orders executions could be frozen or spread could be high any time. Even sometimes the order could be unable to close on a profitable position too. As I can't trade with the ClickTrade platform. I say please avoid their platform.
No disconnection or any other problem. Just avoid news trading because the spreads are crazy. Deposit processed very fast. It is much more convenient than MT4. Also, their trading conditions are quite well. Also never heard about any cheating our manipulations from them. Thanks to Click Trade for developing such an access to world marketplace. Now my profit rate is much higher.
ClickTrade is a regulated broker which made me feel at ease to start a trading journey with them. This broker provides an easy and comfortable trading environment. Their platform is not complicated an is stable. I also appreciate that they have lower fees than their competitors.
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