OptionsClick was first launched in 2011 so it has been around for a few years. However, the broker, which is owned and managed by Lead Capital Markets and headquartered in Nicosia, Cyprus, gained the relevant license and became a properly regulated entity by the Cyprus Securities and Exchange Commission in 2014. During its presence in the online retail binary options market it has improved, enhanced and expanded its offering and has managed to gain increased popularity as well as several awards. Offering a secure and safe trading environment, in accordance with EU standards and also featuring innovative and user friendly tools, OptionsClick can be comfortably characterized as an “above-average” broker, which keeps progressing and improving for the dual benefit of itself and its clients. Let us have a closer look at what it has to offer in the fiercely competitive environment that it is called to operate in:
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The platform
Platform used by OptionsClick is the TechFinancials platform. This is less widely used than those of other platform providers, but it is characterized by a simplicity and ease of use that makes it particularly accessible to all traders. User friendly, yet rich in additional features and tools, the particular platform makes the trading experience both enjoyable and effective. It has an incorporating nature and allows its users to have direct access to their trading history at the mere click of a button from their trading screen. Moreover, an additional perk is the fact that the economic calendar is also displayed on the same screen and thus traders can have access to the information contained therein instantly, without having to switch screens. As most of its competitors, OptionsClick also offers a special mobile application which enables traders who wish to trade on the go via their smart device to do so easily and effectively at any time and from any location.
Types of trading
Although not as extensive as those offered by other brokers in the market, OptionsClick does offer a wide range of types of trading as well as expiry times. In terms of the latter, traders can choose between expiry times ranging from super fast such as 30 seconds and up to longer expiries of end of day, week or month. Coupled with the fact that the assets offering is extensive and that assets can be traded not only in as classic high/low binary options, but also in the one touch and range trading methods, traders can tailor make their trading to best suit their risk tolerance level. In total you can choose between 8 different trading methods meaning that traders of all experience and skill levels can find something to best fit their needs.
Asset list
When it was first launched the tradable assets offering at OptionsClick was not as extensive. However, over the years new assets were added, always focusing on making available assets that have a high trading volume, thus offering traders the best opportunity to make a profit. Currently, the tradable assets list on offer range from across all the four categories of assets, i.e. forex currency pairs, stocks, indices and commodities. More specifically, there are over 100 assets to choose from, meaning that the offering can satisfy the needs and preferences of most clients who can choose between 32 different forex currency pairs, 11 commodities, 22 market indices and 45 stocks of well known companies from across the globe, offering a selection which is quite impressive and definitely above average and satisfactory.
Account types
Binary options traders interested in opening an account with OptionsClick can choose between the three main account types offered by the broker. These are the Standard, Gold and Platinum Accounts. The three types have different minimum deposit requirements and also offer different deposit bonus levels and different payout ratios. More specifically, the minimum deposit for a Standard account is $200 and traders can expect to receive a maximum of 85% in returns. For a Gold Account the minimum deposit of $2500 and returns can be up to 87%, while for a Platinum Account a Minimum Deposit of $5000 is required and the holders of this type of account are entitled to the maximum level of payout ratio which is 89%.
OptionsClick also offers VIP & Custom Trading Programs which can be tailored made to the specific needs of a trader. These plans come with additional perks and are particularly suitable for heavy traders. Moreover, the broker rewards your loyalty so it runs a lucrative “Bring a Friend” promotional program, rewarding with a cash bonus those account holders who refer their friends to OptionsClick and convince them to open a live trading account.
Deposits and Withdrawals
The minimum deposit requirement when depositing funds in your OptionsClick account is set at a very reasonable 200 USD or EUR or GBP. The relevant maximum amounts for the daily, weekly and monthly basis are 10.000, 25.000 and 80.000 respectively. Deposits as well as withdrawals are conducted through all the major credit and debit cards such as Visa, Maestro, Mastercard, CartaSi, Carte Bleue, Dankort, Diners Club, Discover, JCB and others. Moreover, payments can be made via electronic wire transfers. In terms of charges, one withdrawal per month is offered free of charge, while additional withdrawals incur a $30 fee or the equivalent in local currency. Moreover, a handling charge of $30 or its equivalent in the local currency is applied for supplemental withdrawals of less than $250 or the equivalent in local currency. The same applies to multiple withdrawals requested during the same calendar month.
Customer Support
The OptionsClick website is designed having in mind the need and desire of binary options traders to be able to trade in their own language and this is why it is multilingual, currently being available in six different languages, namely English, Arabic, Russian, French, Italian and German. Besides resorting to the site’s FAQs section to resolve their queries, traders can also contact the customer support department, offered on a 24/7 basis in a prompt a friendly manner. The OptionsClick team can be contacted either via live chat online, through email or on the phone to one of the three toll free numbers available in the UK, France and Italy.
OptionsClick also puts at the disposal of its customers a useful and helpful Trading Academy that serves as an online education centre containing video tutorials in several languages as well as a useful e-book also available as a mobile app for use on smart devices. Clients may use these resources in order to lean the fundamentals as well as the more advanced skills necessary to improve their trading experience and maximize their chances for success.
Conclusion
In a nutshell, OptionsClick may not be a fancy and spectacular broker but in this fiercely competitive industry that is often plagued by fraudsters, it can boast of providing a robust, secure and reliable trading environment that has come to be valued by many traders. Its offering does not lack in any particular field and can be termed to be above average in all respects. Moreover, its track record shows an adaptability and a willingness to grow, expand and improve with the aim of satisfying the needs of customers and keeping up to pace with industry developments. Therefore, OptionsClick could well worth a try to be given the chance to convince traders to make it their broker of preference.
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