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Is Clicktrades a Scam Broker?

Know Your Options and Recover Your Funds


Is FRCM Management a Scam Broker?

Clicktrades provides traders with a wide variety of trading products and claims it has low spreads. It says it has an award-winning platform, but this is because it offers MetaTrader, which is an independent platform and does not belong to Clicktrades. Also, some consumers were unhappy with Clicktrades’ spreads, which are high by industry standards. Clicktrades has a license from the FSA. 

Is Clicktrades a Scam or Legit Broker?

Clicktrades’ FSA license does seem to be legitimate. It is not as highly valued as an FCA license but having a decent license is the minimum requirement for any broker. We, therefore, conclude that Clicktrades does not seem to be a scam. Whether it is an excellent or mediocre broker is another question and it is up to the consumer to research this broker further and decide for themselves. 

Our experts found out the following about Clicktrades

  • It has a license from the FSA
  • Its spreads are high
  • It boasts about Metrader, which is a platform offered by many brokers

Our experts have determined that Clicktrades may be safe, but it may or may not be the right choice for you. We encourage visitors to do research, read our broker reviews and select regulated brokers. If you have been scammed by Clicktrades or any other broker, contact Broker Complaint Registry right away and we can advise you on fund recovery. 

Reason to suspect a scam broker is in action:
  • The broker froze your account
  • The broker blocked your account
  • You cannot login back into your account
  • Money has been taken out from the account
  • The broker doesn’t take your calls
  • The broker shut down his website
  • You noticed the broker took money out from your bank account with out your permission
  • The broker is offering you a bonus
  • The broker is offering you to fund more money into the account after you lost a large sum

Don’t give up. You can fight back and get your money refunded. Start by filling the form above and we will get in touch with you and provide you with information on how to start the process.

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