Safeklik Review
| Broker | Safeklik |
|---|---|
| US Traders Accepted | |
| Company Name | SFKK Trading Solutions Ltd. |
| Headquarters | London, UK |
| Regulation | No |
| Bonus Type | Match bonus |
| Bonus Size | 100% |
| Max Payout | 85% |
| Out-of-Money Reward | 10% |
| Trading Platform | SpotOption |
| Deposit Options | Credit/debit cards, wire transfer |
| Deposit Currencies | US dollar, euro |
| Minimum Deposit | $100 |
| Minimum Trade | $5 |
| Maximum Trade | $1,500 |
| Online Since | 2015 |
| Trading Instruments | Currencies, commodities, stocks, indices |
| Number of Trading Instruments | 56 |
| Binary Option Types | High/Low, Pairs, Long Term, 60 Seconds, One Touch, Ladder, FX/CFD |
| Customer Support Types | Email, web form, live chat, phone, paper mail |
| Education Offered | Videos, articles on strategy, glossary, FAQ, training sessions (one-on-one), strategies, daily tips, strategy builder |
| Tools Offered | Double up, rollover, market news, built-in indicators |
| Commission | $25 for wire transfers, no minimum threshold |
| Languages | English, Spanish |
| Demo Account | Yes, with deposit |
If you are interested in trading with a SpotOption broker, but want to work with a company that is going to offer you more than the conventional white label binary broker, you may be interested in Safeklik. Safeklik is operated by a company based in London by the name of SFKK Trading Solutions Ltd. Safeklik provides traders with flexible withdrawal terms, lots of bonuses and promotions, and great trading resources. Safeklik is currently not regulated by any authority.
Deposits and Withdrawals at Safeklik
If you want to trade at Safeklik, you can get started with a minimum deposit of $100 (you can trade in US dollar or euro). The only deposit options are credit or debit card or wire transfer, so unfortunately if you are looking to use an e-wallet, you are currently out of luck.
Four account sizes are available:
- Mini: $200-$999
- Standard: $1,000-$4,999
- Expert: $5,000-$24,999
- VIP: $5,000 and up
Each account includes a welcome bonus, starting at 50% at the Mini level and ranging up to 100% for Expert and VIP. At the Mini tier, you get an eBook, video tutorials, one-on-one training, a demo account, and a $100 trading coupon. All in all, this is excellent. Not a lot of binary brokers provide so many features for customers who make a deposit that is scarcely larger than the minimum.
What is a trading coupon? This is a special promotion that Safeklik offers which is somewhat different from a standard trading bonus. You can select the coupon and place it in the “amount” field instead of just selecting a dollar amount. At that point, you can confirm your trade as usual. If it wins, you keep all the profit, and if it loses, you don’t lose any money, just the coupon. Is there a catch? There’s one, and that is that you can only use the coupon on a single trade. This makes it different from bonus money. So essentially, if you get a $500 coupon, you have to wager the $500 all at once. You get one big shot to win.
What other features are included at the higher account levels? You get larger bonuses and trading coupons, and you also get access to the trading academy. Additional features include daily trading tips (up to 10 at the highest tier), a personal broker, daily market news, weekly webinars, and access to VIP competitions and prizes.
One awesome feature of Safeklik is the fact that they do not charge any fees aside from $25 for wire transfers, which is standard industry-wide. The rest of your deposits and withdrawals are free. There are no minimums or restrictions. You can withdraw as much or as little at a time as you want, as many times as you need. Accessing your money is easy and hassle-free.
Trading on Safeklik
Safeklik uses SpotOption, the most popular binary options trading software. The interface should therefore be familiar to you if you have traded on other sites. On the site, you can trade 56 different currencies, commodities, stocks, and indices. There are many types of trades to participate in, including High/Low, One Touch, Pairs, Long Term, 60 Seconds, and Ladder. FX and CFD trading are also listed, but I do not believe this feature has been fully rolled out yet.
To maintain control over your trades, you can use double up and rollover. I cannot find early close listed for Safeklik trading. Want to copy other traders who are doing well? Social trading is available.
One more cool feature I haven’t recently seen anywhere else is built-in indicators. There are only several of them, but you can display them directly on your chart. I still recommend that traders download MetaTrader 4 instead (it’s free and you will get access to all the indicators you can cream of), but anything that moves in the direction of encouraging smart and strategic trading in the binary universe is good. Safeklik does specifically mention this in several places on their site, encouraging traders to take things to the next level and leave the guesswork to the newbies.
Customer Service
In theory, Safeklik offers 24/7 customer service. You can access it by filling out the web form, sending an email, opening live chat, or calling on the phone. Unfortunately, I am not sure that they really offer service around the clock; I tried live chat, which claimed someone was online and ready to assist me, and no one was there. I finally asked them to email me a reply to my question, and the next day when I checked my inbox, no one had gotten back to me. This is not encouraging, and one of the few detractors I can list for Safeklik.
Unfortunately it is a big one; you really want to make good customer service a priority when shopping around for a broker. Hopefully it was a fluke while they are getting everything up and running. As of the time of this review they are still relatively new.
Conclusion: Worth Considering
There are a lot of great things about Safeklik in spite of the apparently MIA customer service team. I love the abundance of tools and training materials (there are even articles on specific trading strategies). I think it’s great that one-on-one training is available at the lowest account tier. The trading coupons are an innovative promotion.
The only other thing that makes me chary about this broker is the fact that they say that their platform is regulated, but I cannot find them in the CySEC database, nor do they provide a license number. Most brokers display this prominently. Perhaps though they just mean that SpotOption is regulated while Safeklik itself is not regulated. In any case, I can give Safeklik a very cautious recommendation. They may be well worth signing up with once they get a few issues resolved. They have a great foundation set up and look like they are ready to go above and beyond.