OptionsClick Review
Introduction
OptionsClick is the binary options operation of Striding Limited, which commenced business in the binary options arena in 2010. Tech Financial Ltd provides the trading platform used by this broker.
Trade Types
What binary options contracts can be traded with OptionsClick?
a) High/Low: There are two variants of this contract on OptionsClick: the conventional High/Low trade as well as the Above/Below trade type.
b) One Touch: This is actually a Touch/No Touch trade type.
c) The Range option: Only the In/Out variety is available for trading.
There are no high yield options on OptionsClick. There are also no short term contracts on OptionsClick as is the case with some of the other Tech Financial partner brokers.
Asset Index and Expiry Times
Assets that can be traded on the OptionsClick platform are:
a) Commodities: In addition to crude oil and silver, gold is traded as pairings with the US Dollar, Euro and Japanese Yen.
b) Currencies: In addition to the major currency pairs (GBPUSD, EURUSD, AUDUSD, EURGBP, GBPJPY, EURJPY), there are other pairs involving the Canadian Dollar (EURCAD, USDCAD, CADJPY) as well as exotics (EURNOK, USDNOK, USDTRY, EURTRY, EURZAR, USDZAR).
c) Indices: The indices that are traded include the US indices (Dow, S&P500, NASDAQ100), Asian indices (NIFTY, ASX-200, Tadwul, Hang Seng, Nikkei225) and the European indices (CAC40, FTSE100, DAX30, IBEX-35).
d) Stocks: Amazon, Amex, Apple, AXA, Baidu, Barclays, BNP-Paribas, BP, CITIGROUP, Coca-Cola, EXXONMobil, Facebook, Fiat, France-Telecom, Google, IBM, ICICI JPMorgan Chase, McDonalds, Microsoft, NIKE, Societe-Generale, Sony, SONY, Sumitomo, TATA, Vodafone.
Trade Requirements
When it comes to deposits and withdrawals, traders will like to know what options they have and what will work for them. OptionsClick understands this and has provided three means of transacting on their platform:
- E-wallets: Ukash is the only e-payment option offered by OptionsClick.
- Credit cards: With $200 or 200 Euros/British Pounds, credit cards issued by the major providers will serve as a means of kick-starting a trading career.
- Bank wires for making deposits of $500 and above. If the account is denominated in Euros or British Pounds, it will also require 500 units of these currencies as minimum deposit amount.
There are daily, weekly and monthly transaction limits on deposits, as well as monthly transaction limits on free withdrawals. Supplementary withdrawals in a month will incur a $30 handling charge. OptionsClick allows at least $100 to be withdrawn by the trader without charge once a month. Trade amounts vary from $10, to a maximum of $1000 for every trade.
Customer Support
The customer service dept is a multi-lingual platform, through which traders and site visitors can reach OptionsClick as follows:
– A Live chat facility.
– Via email on support@OptionsClick.com
– Phone (operations dept): +44-800-088-5583
There is a special email for use in making inquiries or handling issues pertaining to deposits and withdrawals. This is at banking@optionsclick.com.