OptionsClick is a seven year old binary options broker with office at Treppides Tower, 5th Floor, 9 Kafkasou Street, 2112, Nicosia, Cyprus.The name of the parent company is Leadtrade Ltd, which is licensed and regulated by the CySec. The license number of Leadtrade Ltd is 227/14 (issue date: 17.02.2014).
OptionsClick is also registered with German regulatory authority BaFin, under the name Leadcapital Markets Ltd. The BaFin ID is 137403. In France, the company is registered in the financial firms register (Regafi) as an investment firm. The company is registered under the name Leadtrade Ltd. The id number is 75624.It does not end there.
The binary broker is also registered as a financial service provider with the Netherlands Authority for the Financial Markets (AFM). The service is registered under the business name Lead Capital Markets Ltd. OptionsClick is also registered with the Spanish regulatory authority ComisiónNacionaldel Mercado de Valores. The registration number is 3698. In Finland, Lead Capital Markets Ltd is registered as an investment firm with Finansinspektionen.
Since 13.05.2014, the company is also registered with FCA as an overseas service provider. The reference number is 622533. So, we can safely assume that it is one of the highly regulated binary brokers in the industry.
The binary broker does not accept residents or citizens of the United States as its clients.
The OptionsClick offer assets under four different categories, namely currencies, commodities, stocks, and Indices.
As of date, OptionsClick offers 9 currencies, 2 commodities, 8 stocks, and 5 indices for trading.
Kind of trades:
The binary broker offers four types of binary option instrument:
- High/Low (+Above/Below).
- Short Term (60 seconds, 2 minutes, 5 minutes).
- One Touch (Touch).
- Range (or Boundary)
OptionsClick offers contracts with an expiry period beginning at 60 seconds. The broker also offers contracts with expiry period of 2 mins, 5 mins, 30 mins, 1 hour, 1day, 1 week, and even 1 month. The data provider is Morning Star for commodities, currencies, and stocks. For Indices, the data provider is Leverate.
Unfortunately, OptionsClick is yet another broker who believes that a good customer service and not a demo account which draws a client towards it. So, it does not offer a demo account.
The additional features offered by the broker includes, early closure facility, real-time economic calendar, financial news, analysis, education materials (online tutorial, e-book), and webinars.
OptionsClick also uses the trading platform offered by the software developer TechFinancials. The platform is known for its simplicity and ease of use.
Type of accounts:
The binary broker offers the following kind of accounts:
- Standard account: It can be opened with an investment ranging from $200 to $1000.
- Gold VIP trader account: Any investment between $1001 and $2000 will fetch a Gold VIP trader account. Notable benefits include increased payouts and returns on loss making trades. The trader is also entitled to a cash bonus of up to $100, provided the account is opened through a promotional program.
- Custom Platinum VIP account: Any investment above $2001 would be sufficient to receive a Custom Platinum VIP account. The trader will also receive a cash bonus of up to $300, provided the account is opened through a promotional program. All other Gold VIP trader account benefits will be provided as well. The binary broker is also willing to provide tailor made accounts to suit high net worth traders.
Offers email (firstname.lastname@example.org, email@example.com) and live chat support on a 24×5 basis. Fully interactive website is offered in 6 languages (English, French, German, Italian, Arabic, and Russian). The representatives of the company can be contacted using the local numbers in several countries.
A minimum deposit of $200 (€200 or £200) is required to open a real trading account with OptionsClick.com. The maximum amount that can be transferred daily by credit card is $10,000. Up to $25,000 can be transferred weekly and $80,000 monthly.
OptionsClick offers a bonus of up to 100%. However, along with bonus comes the terms and conditions such as the need for the completion of 30x-50x (depending on the bonus percentage) volume to initiate a withdrawal. As mentioned in almost every article related to various brokers, it is always better to avoid bonus unless and otherwise you are absolutely confident of your trading strategy and risk management practices. If not, it will be quite difficult to complete the volume there by leading to frustration and bad trading decisions.
Minimum and maximum trade size:
The minimum trade size is $10. The maximum trade size is $1,000.
In general, depending on the nature of trade and the target price, the payout can vary from 62% to 85%.
Yes. The platform supports automated trading.
Once a withdrawal request is placed, it normally takes up to five banking days for the payout to be completed. The trader can receive only an amount equivalent to the deposited amount in the original funding method. The rest of the amount requested for withdrawal would be sent by wire transfer to the client’s bank account. If the withdrawal amount is less than $250, then a service charge of $30 will be taken by the company. If the withdrawal amount is greater than $250, then no transaction fee will be levied as long as it is the first withdrawal request of the month.