TICKMILL DETAILED REVIEW

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    Tickmill Review

     

    What is Tickmill?

    It’s easy to see why Tickmill is a new player in the online trading world. The company was established in 2014, but it has already made a name for itself.

    The company strives to innovate a unique trading experience for its clients while understanding traders’ rights as the major part of the trade. This is evident in how they continually facilitate trading conditions. As a result, Tickmill has been able to develop rapidly over the years while maintaining an impressive track record of achievement.

    Recently, Tickmill management responsibilities expanded when an additional part of “Tickmill family” was added in the name of a Tickmill Europe Ltd (ex Vipro Markets Ltd).

     

    The official website of the Forex Broker Tickmill

    ➔ Open your free trading account with Tickmill now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Tickmill Pros and Cons

    Tickmill is one of the most regulated brokers in the industry and has a very good reputation. Tickmill offers great trading conditions for both professional traders or regular size traders.

    Tickmill has one of the best learning and research materials, so it’s great for EA trading. There are no 24/7 support and spreads for Forex are a little higher than average, but these two negatives do not outweigh all the positives of this broker, especially if you’re looking for a regulated broker with good reputation and great trading conditions.

     

     

    ➔ Open your free trading account with Tickmill now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Awards

    Tickmill is a new company, but it’s already well-known in the industry. It has grown rapidly over the past few years, and has been recognized by industry publications for its success.

    One of the things that sets Tickmill apart from other brokers is that it constantly runs promotions that help boost trading and enhance even beginning traders’ possibilities.

     

    Tickmill promotion

     

    ➔ Open your free trading account with Tickmill now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Is Tickmill safe or a scam

    No, Tickmill is not a scam.

    Tickmill is a secure broker with good reputation and low risk Forex and CFD trading environment.

    Tickmill is one of the most innovative brokers in the industry. The company employs cutting-edge technology to deliver a superior customer experience. It offers low spreads, high leverage and advanced trading features to its clients.

    Is Tickmill legit?

    Tickmill is a regulated broker, which means it complies with strict laws and regulations. In fact, Tickmill is regulated by two major regulators: the Financial Conduct Authority (FCA) and the Financial Services Authority (FSA) of Seychelles. These regulators ensure that Tickmill’s activities are monitored carefully to maintain integrity and protect investors.

    Tickmill is also growing its presence in Asia by establishing a new entity called Tickmill Ltd Hong Kong. This new entity is authorized and regulated by the Securities & Futures Commission (SFC) of Hong Kong, another major regulator that ensures all activities are safe for investors.

    Lastly, Tickmill Europe Ltd (ex Vipro Markets Ltd), has been approved as well by the Cyprus Securities and Exchange Commission (CySEC). CySEC members are required to have enough capital to maintain their business operations without causing financial troubles for their clients or other members of the industry at large; this means that everything Tickmill does falls under these stringent rules as well!

    Customer Protection

    Tickmill is a forex broker that offers a number of different trading accounts to fit your needs, including Standard and ECN. The broker offers a variety of trading options, including spot trading and CFDs, as well as leverage of up to 1:500. In addition, Tickmill offers access to the SpotOption platform through its MT4 platform.

    The company keeps clients’ funds in segregated accounts with trusted financial institutions, as per FCA regulations. In addition, clients are covered by the FSCS with investments up to £50,000.

     

    Tickmill licenses

     

    ➔ Open your free trading account with Tickmill now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Leverage

    Tickmill is a UK and European-regulated broker. They are committed to following strict guidelines set by the European Authority ESMA, including a limitation on the maximum leverage offered to their clients. Clients may use leverage up to 1:30 for Forex products, 1:5 for CFDs, and 1:10 for commodities—depending on their jurisdiction.

    Tickmill serves international customers through Seychelles and other jurisdictions, which means that individual traders can enjoy high levels of leverage under these jurisdictions as well.

    Account types

    You have a choice of three account types when you open an account at TICKMILL. The first is a Classic Account, which costs nothing to open and has no commissions on trades. The second is a Pro Account, which has all the same features as the Classic Account, but also charges a commission per trade. The third is the VIP Account, where you and the broker agree on your trading conditions before opening an account.

    Additionally, TICKMILL recently added Islamic or Swap-Free Accounts to their offer. These accounts comply with Sharia law and have exactly the same trading conditions and terms as other accounts—but there’s no swap or rollover interest on overnight positions against faith.

     

    Tickmill accounts

    How to open account at Tickmill

     

    Tickmill account opening

    ➔ Open your free trading account with Tickmill now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Fees

    When you open an account with Tickmill broker, you can choose between three account types: Standard, Premium and VIP. The price modes vary according to the account type you choose. Besides, fee conditions always vary according to the regulatory rules authority impose and broker obliges to. So be sure to verify specific conditions as well. Here we will check a brief of spreads and commission charges that are defined by the account type.

    Fees Tickmill Fees GO Markets Fees XM Fees
    Deposit Fee No No No
    Withdrawal Fee No No No
    Inactivity Fee Yes Yes Yes
    Fee ranking Low Average High

    Spreads

    Tickmill offers different pricing models based on the type of account you have. In general, Standard spread conditions apply to all accounts, while Pro accounts are based on a commission of 2 per side and interbank spreads from 0 pips. The overnight fee should be considered as a cost as well, e.g. EURUSD swap for long position is -11.742 while for short is 6.693 US$.

    You can also compare Tickmill trading fees to another popular broker Pepperstone:

    -Pepperstone: EURUSD swap for long position is -11.742 while for short is 6.693 US$

     

    Comparison between Tickmill fees and similar brokers

     

    Asset/ Pair Tickmill Fees GO Markets Fees XM Fees
    EUR USD Spread 0.3 pips 1.2 pips 1.6 pips
    Crude Oil WTI Spread 4 1.9 5
    Gold Spread 20 1.4 pip 35

     

    ➔ Open your free trading account with Tickmill now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Trading Instruments

    Tickmill Europe Ltd is a fully licensed, UK-based broker that offers trading in 62 currency pairs, as well as Bitcoin. With a minimum deposit of only $25, you can trade CFDs on stocks and indices, bonds, and precious metals. The company has no requotes, delays or interventions policy.

    You’ll also find some of the lowest commissions in the industry at Tickmill Europe Ltd. Plus, they offer an opportunity to trade CFDs on Bitcoin with margin up to 20% and commission-free on both sides per 1 CFD.

     

     

    Tickmill instruments

    Deposits and Withdrawals

    With Tickmill, you can deposit your funds into your trading account from a variety of convenient methods. You can also withdraw your funds from your trading account with ease.

    Deposit Options

    Tickmill is a broker with multiple payment options. They accept credit/debit cards, e-wallets Neteller, fasapay, UnionPay, dotpay, and NganLuong. vn (only for clients of the Tickmill Ltd Seychelles). The available currencies are USD, EUR, GBP, and PLN.

    What is the Tickmill minimum deposit?

    The Tickmill minimum deposit is 100$, which is a fantastic opportunity for the trader of even very small size, in reverse 10$ is set for withdrawals.

    In practice, this means that if you want to make a deposit of 100$, you can do so without having to worry about the fees. If you want to withdraw 10$ from your account, then you will pay a fee of $10.

     

    Tickmill minimum deposit vs other brokers

     

    Tickmill Most Other Brokers
    Minimum Deposit $100 $500

    Withdrawals

    Tickmill is a broker that offers you the opportunity to trade Forex, Commodities and Indices. They are regulated by the FCA and have been in business since 2001.

    Tickmill has a zero fee policy, where no charges or fees applicable to monetary transactions. All deposits from 5,000$ also including zero fee policy and all fees up to 100$ will be covered.

    Tickmill withdrawals, deposits or requests are submitted via your online account area. While Tickmill process withdrawals within 1-2 business days as per regulatory obligations.

     

    Tickmill payment methods

     

    ➔ Open your free trading account with Tickmill now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Trading Platforms

    Tickmill is a broker that can be trusted, as it has been on the market for a long time and has been served by many traders. It is important to know that Tickmill uses as mainstay trusted and well-tried MT4. Trading platform available on desktop or tablet, in web or on the go with a smartphone. As well, though many among the brokers do not allow stop and limit orders placing close to market prices, Tickmill allows so, so it is another good point in Tickmill’s proposal.

     

    Pros Cons
    MT4 and WebTrader No alternative platform or proprietary software
    Copy Trade, Social Trading and Technical Indicators
    No restrictions on strategies
    Fast execution
    Available in various languages

    Web Platform

    Tickmill is a broker with a web platform, so you can trade from just about any computer with an internet connection. The platform is very easy to use and does not require any installations, so you can start trading in just a few minutes.

    However, the Tickmill web platform has limited features and drawing instruments compared to its desktop counterpart. Therefore, if you are looking for a comprehensive analysis of the market situation or want to plan your trades in advance, we recommend using the desktop version of this broker.

    Desktop Platform

    Tickmill is one of the most popular trading platforms in the world. It has been around since 2007, and it was one of the first brokers to offer MetaTrader 4.

    It has more than 200 payment methods available, including PayPal and Skrill. You can use any of these to fund your account and start trading.

    Tickmill is based in London, United Kingdom. They have a UK Financial Conduct Authority license, which means they are compliant with all UK regulatory standards and requirements.

     

    • Autochartist – powerful technical analysis tool with automatic recognition feature
    • Myfxbook AutoTrade – allows following of the strategies developed by the successful trader
    • One Click Trading – trading through EAs (by the company statistics about 63% of the executes are placed by algorithms and EAs)
    • Tickmill VPS – keeps EAs and signals active even while the trader is offline
    • Forex Calendar – plugging market insights and news
    • Forex Calculators – displays currency converter, margin calculators, etc.

     

    Tickmill is a broker that strives to be the best in the industry. They want their clients to succeed, and won’t impose restrictions on how much you can profit. They allow all types of trading strategies, including hedging, scalping and arbitrage. However, you should always verify the rules with any particular entity’s regulatory restrictions as those may apply.

    Mobile Platform

     

    Tickmill platform

     

    ➔ Open your free trading account with Tickmill now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Customer Support

    Tickmill’s customer support is also worth considering. They have a professional team available around the clock, and their support team members can help you with international languages via Live Chat, email, and phone lines in various regions including the UK and International as well.

    Yet, customer service isn’t available during the weekends, so you can leave your request via the contact form to be advised.

    Education

    Tickmill is a great choice for traders looking to expand their knowledge and keep up with the latest industry trends.

    It’s easy to see why: Tickmill offers a Learning Center, where traders can find recent updates, various educational materials and educational programs designed to develop skills and knowledge.

    The Learning Center is accompanied by a professional Trading Blog where traders can find all kinds of information about the market and its movements.

    Online webinars, live market analysis, technical analysis, regularly held seminars and traders community of minded traders are all available for all Tickmill customers.

     

    Tickmill education

     

    ➔ Open your free trading account with Tickmill now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Conclusion

    Tickmill is a UK-based Forex broker which is regulated by the Financial Conduct Authority. The company has a minimum deposit of $10 and offers its clients a great range of instruments, including currency pairs and precious metals.

    The company offers its clients with technical solutions such as MetaTrader4 and WebTrader, so that they can trade from anywhere in the world. Furthermore, it has a great support team that provides 24/5 customer service via e-mail or telephone.

    In addition to this, Tickmill also offers promotional campaigns for its clients to get started with their trading business. The company strives to achieve targets quickly and effectively while posing Tickmill as a high-tech and trustable Forex broker, either to start or to gain new apex with.

     

    IC Markets & Tickmill

    BROKER: REVIEW: ADVANTAGES: FREE ACCOUNT:
    1. IC Markets
    (5 / 5)
    Read the review
    # Spreads from 0.0 pips
    # No commissions
    # Best platform for beginners
    # No hidden fees
    # More than 6,000 markets
    2. Tickmill
    (5 / 5)
    Read the review
    # Spreads from 0.0 pips
    # No commissions
    # Best platform for beginners
    # No hidden fees
    # More than 6,000 markets

    Pepperstone & Capital.com

    BROKER: REVIEW: ADVANTAGES: FREE ACCOUNT:
    1. PEPPERSTONE
    (5 / 5)
    Read the review
    # Spreads from 0.0 pips
    # No commissions
    # Best platform for beginners
    # No hidden fees
    # More than 6,000 markets
    2. Capital.com
    (5 / 5)
    Read the review
    # Spreads from 0.0 pips
    # No commissions
    # Best platform for beginners
    # No hidden fees
    # More than 6,000 markets

    Top FX & HFM

    BROKER: REVIEW: ADVANTAGES: FREE ACCOUNT:
    1. TOP FX
    (5 / 5)
    Read the review
    # Spreads from 0.0 pips
    # No commissions
    # Best platform for beginners
    # No hidden fees
    # More than 6,000 markets
    2.HFM
    (5 / 5)
    Read the review
    # Spreads from 0.0 pips
    # No commissions
    # Best platform for beginners
    # No hidden fees
    # More than 6,000 markets

    AMarkets & FXTM

    BROKER: REVIEW: ADVANTAGES: FREE ACCOUNT:
    1. AMARKETS
    (5 / 5)
    Read the review
    # Spreads from 0.0 pips
    # No commissions
    # Best platform for beginners
    # No hidden fees
    # More than 6,000 markets
    2.FXTM
    (5 / 5)
    Read the review
    # Spreads from 0.0 pips
    # No commissions
    # Best platform for beginners
    # No hidden fees
    # More than 6,000 markets
    wdt_ID # Broker Website Forex Broker Year Regulation
    1 1 Open an Account FBS 2.009 IFSC, CySEC, ASIC, FSCA
    2 2 Open an Account EXNESS 2.008 CySEC, FCA
    3 3 Open an Account OCTA FX 2.008 SVG
    4 4 Open an Account INSTA FOREX 2.007 VI FSC, CySec
    5 5 Open an Account FX OPEN 2.008 CySEC, FCA
    6 6 Open an Account AXI 2.008 CySEC, FCA
    7 7 Open an Account FX PRIMUS 2.008 CySEC, FCA
    8 8 Open an Account HFM 2.010 CySEC, FSC, FSB, FCA, BaFin, DFSA
    9 9 Open an Account FXTM 2.011 CySEC, FCA, IFSC
    10 10 Open an Account JUST FOREX 2.012 IFSC
    11 11 Open an Account CAPITAL.COM 2.016 FCA, FSA, ASIC, and CySec
    12 12 Open an Account TASTY WORKS 2.017 CySEC, FCA
    13 13 Open an Account MOOMOO 2.018 FINRA & SEC, SFC, MAS, ASIC
    14 14 Open an Account AVATRADE 2.006 MiFiD, CBI, FSA, ASIC, SFB, BVI, ADGM, FSRA, CySEC
    15 15 Open an Account EASY MARKETS 2.001 CySEC, MiFID, ASIC
    16 16 Open an Account EIGHT CAP 2.009 ASIC, VFSC
    17 17 Open an Account FP MARKETS 2.007 CySEC, ASIC, FSA
    18 18 Open an Account HYCM 1.977 CySEC, FCA, MiFID, DFSA, SFC
    19 19 Open an Account ICMARKETS 2.007 CySEC, ASIC, FSA
    20 20 Open an Account IRON FX 2.010 FCA, ASIC, FSCA, CySEC
    21 21 Open an Account LITE FINANCE 2.007 CySEC
    22 22 Open an Account REVOLUT 2.015 CySEC
    23 23 Open an Account IG 1.974 ASIC, JFSA, MAS, FINMA, FCA, FMA, CFTC
    24 24 Open an Account MONETA MARKETS 2.009 ASIC, FCA
    25 25 Open an Account AMARKETS 2.007 The Financial Commission
    26 26 Open an Account PEPPERSTONE 2.010 CYSEC, BAFIN, CMA, SCB, DFSA, ASIC, FCA
    27 27 Open an Account PLUS 500 2.008 CySEC, ASIC, FMA, FSCA
    28 28 Open an Account TICKMILL 2.014 FCA UK, CySEC, FSA Seychelles
    29 29 Open an Account TMGM 2.013 ASIC, FMA
    30 30 Open an Account TOP FX 2.010 FCA
    31 31 Open an Account TRADE NATION 2.014 FCA
    32 32 Open an Account TRADE 360 2.013 CySEC
    33 33 Open an Account VANTAGE 2.009 CIMA, SIBL
    34 34 Open an Account VT MARKETS 2.015 ASIC, CIMA
    35 35 Open an Account XM 2.009 ASIC, CySEC, IFSC
    # Broker Website Forex Broker Year Regulation