Tickmill Review

 

Tickmill is a trustworthy broker that provides Contracts for Difference (CFDs) with tight spreads on more than 62 trading instruments. It is regulated in one tier-1 jurisdiction and two tier-2 jurisdictions.

 

🛡️Regulated and trusted by FSA.
🛡️2408 new traders chose this broker in the last 90 days.
🛡️Available for global Traders.

 

🔎 Broker	🥇 Tickmill
📌 Year Founded	2014
👤 Amount of Staff	Approximately 100
👥 Amount of Active Traders	Over 100,000
📍 Publicly Traded	None
📈 Regulation	FCA CySEC FSA
📉 Country of Regulation	UK Cyprus Seychelles
📊 Account Segregation	✅Yes
💹 Negative Balance Protection	✅Yes
💱 Investor Protection Schemes	✅Yes
🅰️ Institutional Accounts	✅Yes
🅱️ Managed Accounts	None
💴 Minor Account Currencies	5+
💶 Minimum Deposit	$100
⚡ Average Deposit/Withdrawal Processing Time	1-2 business days withdrawals
💵 Fund Withdrawal Fee	Generally free
📌 Spreads From	0.0 pips (ECN accounts)
💷 Commissions	Variable
🔢 Number of Base Currencies Supported	Over 50
💳 Swap Fees	Applicable
⭐ Leverage	Up to 1:500 (Forex trading)
📍 Margin Requirements	Varies
☪️ Islamic Account	✅Yes
🆓 Demo Account	✅Yes
🖥️ Order Execution Time	Milliseconds
💻 VPS Hosting	Available for a fee
📈 CFDs - Total Offered	80+
📉 CFD Stock Indices	✅Yes
🍎 CFD Commodities	✅Yes
📊 CFD Shares	✅Yes
💴 Deposit Options	Bank transfer credit/debit e-wallets
💶 Withdrawal Options	Bank transfer credit/debit e-wallets
🖥️ Trading Platforms	MetaTrader 4 (MT4) MetaTrader 5 (MT5)
🖱️ Forex Trading Tools	Advanced charting, market analysis tools
⭐ Customer Support	✅Yes
🥰 Live Chat Availability	✅Yes
☎️ Customer Support Contact Number	+44 20 8089 0385
💙 Social Media Platforms	Facebook, Twitter, LinkedIn
⚙️ Languages Supported on Tickmill Website	Multiple
↪️ Education and Research	✅Yes
📔 Forex Course	✅Yes
✏️ Webinars	✅Yes
📚 Educational Resources	Comprehensive
🤝 Affiliate Program	✅Yes
🫰🏻 IB Program	✅Yes
⭐ Do They Sponsor Any Notable Events or Teams	✅Yes
🎁 Rebate Program	✅Yes
🚀Open an Account	👉 Click Here

 

Overview

Tickmill is a well-established online trading service provider known for offering high-quality trading products and services, supported by advanced technology. As part of the Tickmill Group and regulated by the Seychelles Financial Services Authority (FSA), the company has earned a strong reputation for financial stability and consistent growth.

Tickmill caters to both retail and institutional traders worldwide. It provides excellent trading conditions, fast execution, and a secure trading environment. With over 400,000 satisfied clients, Tickmill continues to empower traders by supplying the necessary tools and resources to help them achieve their trading goals.

 

Frequently Asked Questions

 

What types of trading instruments can I access on Tickmill?

Tickmill provides access to over 180 trading instruments, including Forex pairs, indices, commodities, and more. Traders can benefit from some of the lowest spreads starting at 0.0 pips.

 

How fast is trade execution on Tickmill?

Tickmill offers ultra-fast trade execution, with an average execution time of just 0.20 seconds and no requotes, ensuring traders can make the most of every market opportunity.

 

Can I use automated trading strategies on Tickmill?

Yes, Tickmill allows all trading strategies, including Expert Advisors (EAs), scalping, and hedging. This flexibility gives traders the freedom to use the strategy that best fits their trading style.

 

Is my money safe with Tickmill?

Tickmill prioritizes client security by holding funds in segregated accounts with top-tier banks and offering Negative Balance Protection to ensure your capital is safeguarded.

 

Our Insights

Tickmill stands out as a trusted and reliable trading platform, offering numerous benefits, including superior trading conditions, fast execution, and a secure environment. The platform’s unwavering commitment to customer safety, along with its innovative technology and dedicated support team, makes it an excellent choice for both novice and experienced traders.

Moreover, with competitive spreads and flexible strategy options, Tickmill is perfectly suited for anyone seeking a professional, efficient, and seamless trading experience.

 

 

Advantages Over Competitors

Tickmill sets itself apart from competitors by offering ultra-low spreads starting from 0.0 pips and competitive commissions, making it an ideal choice for traders focused on reducing trading costs. Regulated by leading authorities such as the FCA, CySEC, and FSA, Tickmill upholds a high level of trust and transparency with its clients.

Additionally, Tickmill offers flexible trading conditions, including leverage of up to 1:500, negative balance protection, and no restrictions on strategies like scalping or hedging, accommodating a wide range of trading styles. With advanced platforms like MetaTrader 4 and MetaTrader 5, which come equipped with powerful charting and analysis tools, Tickmill provides comprehensive resources to enhance the trading experience.

The broker also offers multilingual customer support through live chat, phone, and email, ensuring that traders receive prompt assistance whenever necessary.

 

Frequently Asked Questions

 

How does Tickmill compare to other brokers in terms of trading costs?

Tickmill stands out with its ultra-low spreads starting from 0.0 pips and competitive commission rates, which are some of the best in the industry.

 

What regulatory bodies oversee Tickmill?

Tickmill is regulated by the FCA, CySEC, and FSA. The Broker provides a high level of security and credibility.

 

Can I trade with high leverage on Tickmill?

Yes, Tickmill offers leverage of up to 1:500, allowing traders to manage larger positions with smaller capital compared to many competitors.

 

Does Tickmill offer fast order execution?

Yes, Tickmill provides millisecond order execution times, ensuring that trades are executed with speed and precision, a key advantage over other brokers.

 

Our Insights

Tickmill stands out as a broker dedicated to offering competitive pricing, exceptional customer service, and reliable technology. Its diverse range of account types, including options for institutional traders, along with its flexibility in supporting various trading strategies, distinguishes it from many of its competitors.

 

 

Safety and Security

Tickmill prioritizes the protection of client funds by implementing stringent security measures. The broker offers insurance coverage for funds ranging from $20,000 to $1,000,000 in the unlikely event of insolvency.

Client funds are held in segregated accounts with reputable banks, ensuring they remain separate from the company’s assets. Additionally, Tickmill provides negative balance protection, ensuring that traders can never lose more than their initial deposit.

Financially stable and well-capitalized, Tickmill maintains adequate liquidity to weather challenging market conditions. With regulation across several jurisdictions, including the FCA, CySEC, FSA, and FSCA, the broker guarantees a high level of security and trust for its clients.

Frequently Asked Questions

 

How are my funds protected at Tickmill?

Tickmill ensures the protection of your funds by offering insurance coverage through Lloyd’s, with amounts ranging from $20,000 to $1,000,000 in the event of insolvency. Additionally, funds are stored in segregated accounts with reputable banks.

 

What does negative balance protection mean?

Negative balance protection means that if your account balance goes below zero, Tickmill will reset your account balance to zero, ensuring that you can never lose more than you deposit.

 

Are my funds safe if Tickmill faces financial difficulties?

Yes, Tickmill is financially robust and well-capitalized with enough liquidity to manage through tough periods.

 

Is Tickmill regulated?

Yes, Tickmill is regulated across four jurisdictions by the FCA, CySEC, FSA, and FSCA, ensuring a high level of oversight and compliance with international financial standards.

 

Our Insights

With these robust security measures in place, Tickmill demonstrates a strong commitment to safeguarding client assets, making it a trustworthy and reliable choice for traders looking for a secure trading environment.

 

 

Sign-up Bonus and Promotions

Tickmill offers a range of promotions aimed at enhancing the trading experience. These include the Trader of the Month award, the NFP Machine promotion to capitalize on NFP volatility, and a Welcome Account Bonus for new clients. Active traders can also benefit from the Rebate Promotion, which offers cashback based on trading volume. These promotions demonstrate Tickmill’s dedication to rewarding and supporting its traders.

 

Frequently Asked Questions

 

What is the “Trader of the Month” promotion?

Each month, Tickmill selects a standout trader and rewards them with a special prize to celebrate their achievements and motivate continued success.

 

What is the NFP Machine promotion?

The NFP Machine allows traders to take advantage of volatility during Non-Farm Payroll (NFP) releases with enhanced trading conditions for potential profit opportunities.

 

Does Tickmill offer a bonus for new clients?

Yes, new clients can receive a Welcome Account Bonus when they open a trading account, giving them a great start to their trading experience.

 

What is the rebate promotion at Tickmill?

Tickmill offers a rebate program that rewards active traders with cash back based on their trading volume, helping reduce overall trading costs.

 

Our Insights

Tickmill offers various promotions for traders of all levels, including Trader of the Month, NFP Machine, and Rebate Promotion. These incentives highlight Tickmill’s commitment to rewarding clients and enhancing their trading experience, making it an attractive choice for traders looking to maximize their potential.

 

 

Minimum Deposit and Account Types

Tickmill offers a variety of live Forex trading accounts designed to suit different trading styles and experience levels. Whether you’re a beginner or an experienced trader, you can select from several account types, including Classic, Raw, and Tickmill Trader Raw accounts.

These accounts feature competitive conditions such as low minimum deposits, tight spreads, and high leverage options. With spreads starting from as low as 0.0 pips and no commissions on the Classic account, Tickmill ensures traders benefit from excellent trading conditions.

Moreover, all accounts support a wide range of strategies, including scalping and hedging, and offer the option of a swap-free Islamic account.

 

Frequently Asked Questions

 

What are the account types offered by Tickmill?

Tickmill offers Classic, Raw, and Tickmill Trader Raw accounts, each designed to meet different trader needs and preferences.

 

What is the minimum deposit required for Tickmill accounts?

The minimum deposit starts at $100 for all accounts, but the amount may vary depending on the base currency, with lower minimum deposits available for certain currencies like ZAR.

 

What is the spread on the Raw account?

The Raw account offers spreads starting from 0.0 pips, which is ideal for traders who prefer tight spreads and cost-effective trading.

 

Can I use an Islamic account with Tickmill?

Yes, all of Tickmill’s accounts, including the Classic and Raw accounts, offer a swap-free Islamic account option.

 

Our Insights

Tickmill provides traders with the flexibility to choose an account that best suits their needs. The availability of swap-free Islamic accounts and the ability to trade both CFDs and Forex add significant value. With competitive pricing and robust account features, Tickmill stands out as an ideal choice for traders seeking a reliable and versatile trading environment.

 

 

How to Open a Tickmill Account

 

1. Step 1: Account Creation

To start, click the green “Create Account” button located at the top right of the Tickmill homepage.

 

2. Step 2: Registration

Fill out the registration form, providing details such as your country of residence and client type.

 

3. Step 3: Confirmation

After submitting the form, you will receive a confirmation email to verify your account creation.

 

 

Trading Platforms

Tickmill provides a range of trading platforms that meet the diverse needs of traders. MetaTrader 4 (MT4) offers a user-friendly experience with advanced charting tools, technical indicators, and automated trading capabilities, making it suitable for both beginners and experienced traders. MetaTrader 5 (MT5) builds on the MT4 experience by adding features such as more timeframes, an economic calendar, and improved order management tools, creating a more comprehensive trading environment.

The Tickmill Trader platform is a mobile app that offers secure login options and seamless switching between demo and live accounts. It also provides real-time market data, account management, and trading features, giving traders the flexibility to manage their trades and accounts from anywhere.

 

Frequently Asked Questions

 

Which trading platforms does Tickmill offer?

Tickmill offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and Tickmill Trader (mobile app).

 

Can I trade on Tickmill using my mobile device?

Yes, Tickmill provides a mobile app (Tickmill Trader) for managing accounts and trading while on the move.

 

Is Tickmill’s platform suitable for beginners?

Yes, MetaTrader 4 is beginner-friendly due to its intuitive interface and powerful trading tools, making it an excellent choice for new traders.

 

Does Tickmill support automated trading?

Yes, both MetaTrader 4 and MetaTrader 5 support automated trading through Expert Advisors (EAs), allowing for automated strategies and trading execution.

 

Our Insights

Tickmill offers a comprehensive range of trading platforms to suit traders of all levels. Whether you’re starting with MT4, seeking advanced features with MT5, or prefer the convenience of trading on the go with Tickmill Trader, the platform provides versatile tools for every trader.

With mobile access and support for automated trading, Tickmill creates an ideal environment for traders to succeed in the fast-paced financial markets.

 

 

Deposits and Withdrawals

Tickmill offers a wide variety of secure and convenient deposit and withdrawal methods, allowing traders to manage their funds with ease. Whether you prefer bank transfers, cryptocurrency, or e-wallets such as Visa, MasterCard, Skrill, and Neteller, Tickmill ensures fast processing times for both deposits and withdrawals.

For deposits of $5,000 (or equivalent) and above, Tickmill offers a Zero Fees Policy, covering transaction fees up to $100 per month. Withdrawals are typically processed within one business day and are completed in the base currency of the trader’s wallet.

 

Frequently Asked Questions

 

What are the minimum deposit and withdrawal amounts at Tickmill?

The minimum deposit and withdrawal amounts for most methods are $100 for deposits and $25 for withdrawals.

 

How long does it take to process a withdrawal?

Withdrawals are processed within 1 working day, regardless of the method used.

 

Are there any fees for deposits and withdrawals?

Tickmill does not charge any fees for deposits or withdrawals. If a deposit is under $5,000, the fees may not be covered under the Zero Fees Policy.

 

What payment methods does Tickmill support?

Tickmill supports a variety of payment methods, including bank transfers, credit/debit cards, Skrill, Neteller, crypto payments, and more.

 

Our Insights

With quick processing times, low minimum amounts, and zero fees for larger deposits, Tickmill ensures that traders can manage their funds efficiently. The range of available payment options provides flexibility for both local and international traders.

 

 

Fees, Spreads, and, Commissions

Tickmill offers competitive fees, tight spreads, and transparent commission structures across its various trading accounts. The Classic account, for example, comes with no commissions and spreads starting from 1.6 pips.

In contrast, the Raw and Tickmill Trader Raw accounts feature spreads as low as 0.0 pips, with commissions of $3 per lot per side for the Raw account and $3.50 per lot per side for the Tickmill Trader Raw account. These low spreads and competitive commissions make Tickmill an attractive option for traders seeking cost-effective trading conditions.

 

Frequently Asked Questions

 

What are the spreads like on Tickmill accounts?

The Classic account offers spreads starting from 1.6 pips, while the Raw and Tickmill Trader Raw accounts feature spreads from 0.0 pips.

 

Are there any commissions on Tickmill accounts?

The Classic account has zero commissions, while the Raw and Tickmill Trader Raw accounts charge commissions of $3 per lot per side and $3.5 per lot per side, respectively.

 

Does Tickmill offer competitive spreads?

Yes, Tickmill offers very competitive spreads, with the Raw and Tickmill Trader Raw accounts offering spreads as low as 0.0 pips.

 

Can I trade with no commissions on any Tickmill account?

Yes, the Classic account is commission-free, making it an ideal choice for traders who prefer low-cost trading with spreads starting at 1.6 pips.

 

Our Insights

The broker’s transparency in commission rates and spread offerings, combined with the flexibility to trade multiple strategies, ensures that Tickmill remains an excellent option for cost-conscious traders looking for competitive trading conditions.

 

 

Customer Reviews

 

🥇 Outstanding Broker

The low spreads and fast execution have significantly improved my trading results. Their customer support is always prompt and efficient, providing me with a strong sense of security. I highly recommend Tickmill to both novice and experienced traders. – Ahmed

 

🥈 Extremely Satisfied Client

The wide range of trading instruments is impressive, and I value the flexibility to implement various strategies. The platform is intuitive, and the educational resources are incredibly helpful.  – Laura

 

🥉 Highly Recommended

As an institutional trader, I greatly appreciate Tickmill’s transparency and reliability. Their account segregation and negative balance protection give me peace of mind, knowing my funds are secure. The trading conditions are excellent, and their support team is always responsive whenever I need assistance. I wholeheartedly recommend Tickmill to serious traders! – Mark

 

Pros and Cons

 

✅ Pros	❌ Cons
Strong regulation	Limited platform options
Full MetaTrader suite	Less competitive pricing on Classic account
Low minimum deposit	Commission fees on Raw Accounts
Competitive spreads	Limited educational resources

 

In Conclusion

Tickmill offers a wide range of financial instruments, effectively catering to both retail and institutional traders. Thanks to its flexible account types and low-cost trading features, Tickmill provides a tailored trading experience for all. Tickmill stands out as a reliable choice for traders seeking a trusted and efficient broker.

 

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