Clicktrades Review

General Information

Owned by Key Way Solutions and operated by KW Investments Limited, Clicktrades is a CFD trading broker, which offers access to a wide range of instruments, including cryptocurrencies. We’ve decided to integrate the company among our reviews because it offers a personalized trading solution and comes with a series of features that are not seen with many other brokers.

We must mention, however, that this is a useful broker when it comes to diversifying a portfolio using crypto among other assets, given that Clicktrades only offers fiat-crypto pairs for some of the most popular tokens.

Trading Platform

Clicktrades promotes a proprietary trading software that’s web-based but still accessible from desktop, laptop, phone, or tablet. The company claims that with the WebTrader clients can stay connected to the markets on the go or from the comfort of their workspace. Although it’s a platform used only by Clicktrades clients, it has most of the features seen with other solutions: advanced chartist methodologies, complex risk management tools, user-friendly trading systems, negative balance protection, and others.

On top of that, Clicktrades had also integrated the Trading Central, a popular technical analysis tool providing complex indicators for a wide range of assets, into the platform. However, at the present time, only Signature account holders have access to it.

Cryptocurrency Trading

At the time of writing, clients of Clicktrades are able to trade 6 different cryptocurrency contracts: Bitcoin futures, Bitcoin Cash, Dash, Ethereum, Litecoin, and Ripple. The maximum leverage available for all of them is 1:2 while the minimum lot size is 0.01 (for Bitcoin and Bitcoin Cash) and 1 for the rest of the contracts. Spreads are variable and mostly influenced by the market’s volatility.

As with any other CFD broker, traders must be aware of the overnight swaps, which are relatively low with Clicktrades, as compared to other brokers. Although we don’t see as many crypto contracts as with other brokers, this one covers the most popular cryptocurrencies, which is where most of the traders are active.

Education

Although Clicktrades offers access to a series of educational resources, not all are available for all clients. Essential account holders get access to daily market reviews and financial research, full access to a video library, and daily analysts’ recommendations provided by a third party.

Original account holders get open access to research and special trading conditions, on top of the features previously mentioned. Only Signature account holders get access to the Trading Central and one-to-one meetings with account representatives. With this respect, clients holding an Essential account are a little bit at a disadvantage, if we consider the minimum deposit of $1,000.

Summary

Overall, Clicktrades offers a personalized trading offer with the most important cryptocurrencies included in its offer. Trading conditions are better as compared to other brokers, but we must highlight the relatively-high initial deposit. Educational materials are enough for any beginner to learn how to trade, while the trading platform manages to perform in line with other pieces of software. As a broker operating for European customers, in particular, Clicktrades is reliable to trade with.