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So, we can safely assume that it is one of the highly regulated binary brokers in the industry. 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. 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. Offers email banking optionsclick.
The representatives of the company can be contacted using the local numbers in several countries. However, along with bonus comes the terms and conditions such as the need for the completion of 30xx depending on the bonus percentage volume to initiate a withdrawal.
Another improvement that has been made on the site is the addition of some educational resources. Previously the site had nothing more than an FAQ, glossary, and some how-to pages. But now there is an online tutorial available as well along with an eBook and a webinar. Still, a demo account would allow customers to actually take those learning materials and make use of them in a training scenario where real money is not at stake.
As it is, customers have to find somewhere else to practice before they can trade on OptionsClick, which is quite inconvenient. Customer support is an area where OptionsClick seems to have declined, though not much. Last time I checked in on this broker, I never did manage to reach anyone through live chat.
But there was at least a live chat window and a message telling me how far behind in line I was it must have been quite a bit. Now if you click on Live Chat, it does not open at all, suggesting a technical problem of some sort. This leaves only email or telephone as an option to get in contact with someone.
OptionsClick has always been a mixed bag, and it remains one today. On the plus side, it is now a regulated broker, and there are more educational resources for customers. There are a lot more assets to trade as well, and still a great selection of different options types. There are downsides, however. There is no demo account, customer service seems lacking, and bonuses and promotions are no longer as innovative as they were when the company was owned by Striding Limited.
The customized accounts seem innovative, but right now they are not all that well-implemented, at least when it comes to providing information on the site about how they work and what their limitations are. So at this time, I cannot give a recommendation to OptionsClick, though I would not insist on avoiding it either as there are some interesting features. This broker has a lot of work to do however if it wants to be truly competitive in the market.
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