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Tickmill Review

Broker Information Security Popularity Payment Spec Instruments Score
Security B
Popularity C
Payment A
Spec C
Instrument A
B
C
A
C
A
score 80
Tickmill
  Regulation 100  
FCA
BaFin
CySEC
FSA (Labuan)
FSA (Seychelles)
FSCA
Dubai
  Security 63  
Segregated accounts
Established 6-10 years
  Instrument 100  
Forex
Stock
Crypto
Oil
Gold
  Platform 81  
MetaTrader 4
MetaTrader 5
  Payment 100  
Credit/debit card
Crypto
Neteller
WebMoney
Skrill
FasaPay
UnionPay
Qiwi
Wire
  Features 100  
PAMM
Bonus
Education
Automated trading
Vps
  Complaint 100  
No Complaint
  Popularity 73  
  Spec 75  
Hedging
Leverage more than 1:500
Swap

πŸ’² Min Deposit $100

βŒ› Year Established 2014

πŸ’Ό Regulation

πŸ’‘ Min Position 0.01 lot

🌐 Website tickmill.com

🌎 Country SeychellesUnited KingdomCyprusGermanySouth AfricaMalaysiaUnited Arab Emirates

βš– Max Leverage 1:500

πŸ’° Bonuses

πŸ‘¨β€πŸ’» PAMM

πŸ† Trading contests

πŸ“ Segregated accounts

πŸ“Š MAM

πŸ“– Free education

πŸ—Ί Vps

Pros

  • Low spreads from 0.0 pips
  • Negative balance protection
  • Comprehensive learning materials and insight
  • 5 trading account types available
  • Trading signals for traders

Cons

  • Limited selection of currency pairs
  • No cent account
  • Not available to traders in the US

Tickmill is a well-established broker since 2014. Tickmill has headquarters in Seychelles, United Kingdom, Cyprus, Germany, South Africa, Malaysia and United Arab Emirates. Tickmill to provide their Forex/CFD trading services to over 4 million clients.

This broker has also been regulated by FSA (Seychelles) SD008, FCA 717270, CySEC 278/15, BaFin 146511, FSCA 49464, FSA (Labuan) MB/18/0028 and DFSA (Dubai) F007663.

Being regulated by multiple licenses provides many advantages, one of which is account protection by the Financial Services Compensation Scheme (FSCS) up to a maximum deposit value of £85,000. This is in accordance with the Financial Instruments Directive 2014/65/EU or MiFID II, as well as the European Union's 5th Anti-Money Laundering Directive. The Investor's Compensation Fund (CIF), as per EU Directive 2014/49/EU, protects deposits of up to €20,000. All deposits remain completely separate from company accounts, plus negative balance protection is in place.

Founded in 2014, Tickmill Group has experienced tremendous growth. Regulated in three jurisdictions, it has over 111,000 traders with over 263,000 accounts. The company managed more than 215 million transactions, not to mention the average monthly trading volume that managed to surpass $123 billion. This CFD broker employs more than 150 staff members worldwide to run its business well while continuously improving trading conditions as best as possible so as not to disappoint clients.

Country of clients Protection amount Regulator Legal entity
UK, EU, South America, Middle East £85,000 Financial Conduct Authority (FCA) Tickmill UK Ltd
Europe, many other countries globally €20,000 Cyprus Securities and Exchange Commission (CySEC) Tickmill Europe Ltd
Globally many countries No protection Financial Services Authority of Seychelles (FSA) Tickmill Ltd Seychelles
African countries No protection Financial Sector Conduct Authority (FSCA) Tickmill South Africa (Pty)
Asian countries No protection Labuan Financial Services Authority (Labuan FSA) Tickmill Asia Ltd

Extensive Review

Tickmill is an award-winning global ECN broker, authorized and regulated by the Financial Conduct Authority (FCA) in the UK, CySEC in Cyprus, and the FSA of Seychelles. Founded in 2014, it offers its retail and institutional clients various trading services with a prime focus on forex, stock, commodities, CFDs, and metals.

For traders who prioritize the value of spreads in broker selection, Tickmill provides excellent services with low spreads, starting from 0.0 pips.

The London-based company has a mission to provide clients with the best possible trading environment, so clients can focus on trading and become successful traders. One way to reach its mission is to offer a fast-execution of 0.15s. With this facility, it's no wonder that Tickmill gets the 2019 Best Forex Execution Broker award by the CFI.co Awards. Also, Tickmill received the achievement as Best CFD Broker Asia 2019 by International Business Magazine, the Best Forex Broker Asia, and the Most Transparent Broker 2019 by Forex Awards.

After registering in Tickmill, traders can choose the most ideal asset among 60 currency pairs that they can trade. If traders aren't sure yet to open a real account, Tickmill recommends learning to trade through a demo account.

There are also educational features such as Webinars, Seminars, Ebooks, and Video Tutorials. All of these facilities can be used by traders to increase knowledge about trading and the financial market as a whole. If traders already have enough knowledge, they have a greater opportunity for earning profit consistently.

For traders registered in real accounts, they can choose between provides three types of accounts, including Pro Account, Classic Account, and VIP Account. Traders can open positions with a minimum order of 0.01 Lots. This applies to all types of accounts.

The company provides recommendations for traders who are still confused when choosing an account. For example, for novice traders, Tickmill encourages clients to choose a Classic Account. It offers optimal conditions with fast order execution while enabling traders to use virtually any trading strategy. Additionally, the account is trade commission-free so traders only pay the bid/ask spread. Other than the 3 main accounts above, Tickmill also provides an Islamic account (swap-free).

The downside is, trading with Tickmill will only enable traders to use MetaTrader 4 as their offered trading platform. Although not much if compared to other brokers, the Tickmill platform provides a user-friendly and highly customizable interface, accompanied by sophisticated order management tools to help traders control positions quickly and efficiently.

The convenience of trading on Tickmill is enhanced by the existence of One-Click EA integrated on MT4. Traders will get Stop Loss and Take Profit calculations automatically. On top of that, Tickmill provides a VPS hosting for automated traders that can't be bothered with technical problems such as troublesome internet connection.

They offer several third-party research solutions, including Autochartist, which is a popular pattern-recognition software that uses automated technical analysis to make forecasts and generate trading signals. Autochartist is available both in Tickmill's web portal and as a platform plugin for MetaTrader 4.

As a Tickmill client, a trader can deposit and withdraw with a variety of payment methods, including Visa, Mastercard, bank transfer, and Skrill. Tickmill accepts deposits and withdrawals in 4 currencies, which include USD, EUR, GBP, and PLN.

Overall, Tickmill is a competitive broker in spreads and provides a safe trading environment with its regulated entities in three different jurisdictions. Although their trading platform is not outstanding, the analytical tools they present to equip traders' needs are considered by retail broker standards.

Account Information

Apart from the forex demo account, this broker offers Classic, ECN Pro, VIP, Classic (UK), ECN Pro (UK), VIP (UK), Classiс (EU), ECN Pro (EU) and VIP (EU). To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by Tickmill is up to 1: 500. Meanwhile, you can open an account with a starting capital of $100.

There are 9 live accounts on offer at Tickmill:

  • Classic: There is a $100 minimum deposit when you first sign up with a minimum position of 0.01 lot. Variable spreads, scalping/hedging capabilities, and Expert Advisors are available. Platform features include trailing stop, pending orders, automated trading, mobile trading, as well as mobile trading. Clients need to be aware of swap rates fees on overnight positions.
  • ECN Pro: Users would need at least $100 to open an ECN Pro account. The minimum trade size is 0.01 lots. There are a number of clear benefits to the account offers, such as fixed spreads, trailing stop, pending orders, one-click trading, mobile trading, and automated trading.
  • VIP: Opening a VIP account requires a $50,000 minimum deposit and a minimum trading volume of 0.01 lots. Spreads at VIP are variable. Traders can benefit from trailing stop, pending orders, one-click trading, mobile trading, along automated trading features.
  • Classic (UK): Classic UK account offers a minimum deposit of $100, a minimum trading volume of 0.01 lots. They also provide variable spreads along with more advanced pending order, trailing stop options, scalping abilities, Expert Advisors, automated trading, one-click trading, and mobile trading.
  • ECN Pro (UK): Users must have at least $100 in their trading account and execute a minimum of 0.01 lots. ECN Pro UK uses fixed spreads. The account boasts an intuitive interface with automated trading, mobile trading, one-click trading, Expert Advisors, and scalping capabilities. They also provide trailing stop and pending orders tools.
  • VIP (UK): The minimum deposit is $50,000 with the minimum market volume lot size is 0.01. Spreads are variable at VIP UK. They also boast an impressive suite of scalping strategies, Expert Advisors, trailing stop, pending orders, one-click trading, mobile trading, and automated trading.
  • Classiс (EU): Tickmill offers Classic EU account for all clients with a minimum deposit requirement of $100, lot sizes of just 0.01, variable spreads, and hedging/scalping capabilities. Traders are blessed with advanced features, such as Expert Advisors, trailing stop, pending orders, one-click trading, mobile trading, and automated trading.
  • ECN Pro (EU): Traders are required to deposit an initial amount of $100, lot sizes from just 0.01, and enjoy variable spreads. The platform features a wide range of Expert Advisors, scalping capability, trailing stop, pending orders, automated trading, mobile trading, and one-click trading.
  • VIP (EU): VIP EU generally requires a minimum deposit of $50,000 and the minimum trade size is 0.01 lots. The account offers variable spreads scalping/hedging capabilities, Expert Advisors and provides full access to trailing stop, pending orders, one-click trading, mobile trading, and automated trading.
pin

Min Deposit

$100

pin

Max Leverage

1:500

pin

Spread

Variable and Fixed

pin

Commission

$1

If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:



πŸ’² Min Deposit $100

πŸ’‘ Min Position 0.01 lot

πŸ”’ Spread Variable

πŸ“‰ Scalping

πŸ€– Expert Advisors

πŸ’± Hedging

πŸ•› Overnight interest rates (swaps)

⏱ Trailing stop

⏳ Pending orders

1️⃣ One-click trading

⚑ Automated trading

πŸ’Έ Commission

Fees

The Classic account operates under the market maker model with the minimum spread listed at 1.6 pips. With Pro and VIP accounts options that deploy the NDD model, commissions can be as low as $4 and $2 per lot. They have the most competitive spreads with average rates on EUR/USD pair at 0.2 pips, tough Tickmill markets both accounts with starting spreads of 0.0 pips. Tickmill also charges swap fees for holding a position open overnight. Third-party payment processor fees may apply, but a zero-fee policy exists for deposits that exceed $5,000.

 
Assets Fee level Fee terms
EURUSD Low Pro account: $2.00 commission per lot per trade plus spread cost. 0.1 pips is the average spread cost during peak trading hours.
GBPUSD Low Pro account: $2.00 commission per lot per trade plus spread cost. 0.3 pips is the average spread cost during peak trading hours.
S&P 500 CFD Low The fees are built into the spread, 0.35 points is the average spread cost during peak trading hours.
Inactivity fee Low No inactivity fee

Instruments Traded

Besides lots of currency pair, Tickmill also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil, Stocks and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

Tickmill users can trade in:  

  • 62 currency pairs
  • 14+ indices
  • Gold and silver
  • 4 bond CFD
  • 3 cryptocurrencies

As for Classic account, Tickmill specifically provides it with the following instruments and leverage:


Forex

Forex
1:500

Gold & silver

Gold & silver
1:500

Crypto

Crypto
1:20


πŸ’² Min Deposit $100

πŸ’‘ Min Position 0.01 lot

πŸ”’ Spread Fixed

πŸ“‰ Scalping

πŸ€– Expert Advisors

⏱ Trailing stop

⏳ Pending orders

1️⃣ One-click trading

⚑ Automated trading

πŸ’Έ Commission $2

Fees

The Classic account operates under the market maker model with the minimum spread listed at 1.6 pips. With Pro and VIP accounts options that deploy the NDD model, commissions can be as low as $4 and $2 per lot. They have the most competitive spreads with average rates on EUR/USD pair at 0.2 pips, tough Tickmill markets both accounts with starting spreads of 0.0 pips. Tickmill also charges swap fees for holding a position open overnight. Third-party payment processor fees may apply, but a zero-fee policy exists for deposits that exceed $5,000.

 
Assets Fee level Fee terms
EURUSD Low Pro account: $2.00 commission per lot per trade plus spread cost. 0.1 pips is the average spread cost during peak trading hours.
GBPUSD Low Pro account: $2.00 commission per lot per trade plus spread cost. 0.3 pips is the average spread cost during peak trading hours.
S&P 500 CFD Low The fees are built into the spread, 0.35 points is the average spread cost during peak trading hours.
Inactivity fee Low No inactivity fee

Instruments Traded

Besides lots of currency pair, Tickmill also offers some instruments you would like to trade on, such as Forex and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

Tickmill users can trade in:  

  • 62 currency pairs
  • 14+ indices
  • Gold and silver
  • 4 bond CFD
  • 3 cryptocurrencies

As for ECN Pro account, Tickmill specifically provides it with the following instruments and leverage:


Forex

Forex
1:500

Crypto

Crypto
1:20


πŸ’² Min Deposit $50000

πŸ’‘ Min Position 0.01 lot

πŸ”’ Spread Variable

πŸ“‰ Scalping

πŸ€– Expert Advisors

⏱ Trailing stop

⏳ Pending orders

1️⃣ One-click trading

⚑ Automated trading

πŸ’Έ Commission $1

Fees

The Classic account operates under the market maker model with the minimum spread listed at 1.6 pips. With Pro and VIP accounts options that deploy the NDD model, commissions can be as low as $4 and $2 per lot. They have the most competitive spreads with average rates on EUR/USD pair at 0.2 pips, tough Tickmill markets both accounts with starting spreads of 0.0 pips. Tickmill also charges swap fees for holding a position open overnight. Third-party payment processor fees may apply, but a zero-fee policy exists for deposits that exceed $5,000.

 
Assets Fee level Fee terms
EURUSD Low Pro account: $2.00 commission per lot per trade plus spread cost. 0.1 pips is the average spread cost during peak trading hours.
GBPUSD Low Pro account: $2.00 commission per lot per trade plus spread cost. 0.3 pips is the average spread cost during peak trading hours.
S&P 500 CFD Low The fees are built into the spread, 0.35 points is the average spread cost during peak trading hours.
Inactivity fee Low No inactivity fee

Instruments Traded

Besides lots of currency pair, Tickmill also offers some instruments you would like to trade on, such as Forex, CFD and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

Tickmill users can trade in:  

  • 62 currency pairs
  • 14+ indices
  • Gold and silver
  • 4 bond CFD
  • 3 cryptocurrencies

As for VIP account, Tickmill specifically provides it with the following instruments and leverage:


Forex

Forex
1:500

Crypto

Crypto
1:20


πŸ’² Min Deposit $100

πŸ’‘ Min Position 0.01 lot

πŸ”’ Spread Variable

πŸ“‰ Scalping

πŸ€– Expert Advisors

⏱ Trailing stop

⏳ Pending orders

1️⃣ One-click trading

⚑ Automated trading

πŸ’Έ Commission

Fees

The Classic account operates under the market maker model with the minimum spread listed at 1.6 pips. With Pro and VIP accounts options that deploy the NDD model, commissions can be as low as $4 and $2 per lot. They have the most competitive spreads with average rates on EUR/USD pair at 0.2 pips, tough Tickmill markets both accounts with starting spreads of 0.0 pips. Tickmill also charges swap fees for holding a position open overnight. Third-party payment processor fees may apply, but a zero-fee policy exists for deposits that exceed $5,000.

 
Assets Fee level Fee terms
EURUSD Low Pro account: $2.00 commission per lot per trade plus spread cost. 0.1 pips is the average spread cost during peak trading hours.
GBPUSD Low Pro account: $2.00 commission per lot per trade plus spread cost. 0.3 pips is the average spread cost during peak trading hours.
S&P 500 CFD Low The fees are built into the spread, 0.35 points is the average spread cost during peak trading hours.
Inactivity fee Low No inactivity fee

Instruments Traded

Besides lots of currency pair, Tickmill also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

Tickmill users can trade in:  

  • 62 currency pairs
  • 14+ indices
  • Gold and silver
  • 4 bond CFD
  • 3 cryptocurrencies

As for Classic (UK) account, Tickmill specifically provides it with the following instruments and leverage:


Forex

Forex
1:30

Gold & silver

Gold & silver
1:30

Crypto

Crypto
1:20


πŸ’² Min Deposit $100

πŸ’‘ Min Position 0.01 lot

πŸ”’ Spread Fixed

πŸ“‰ Scalping

πŸ€– Expert Advisors

⏱ Trailing stop

⏳ Pending orders

1️⃣ One-click trading

⚑ Automated trading

πŸ’Έ Commission $2

Fees

The Classic account operates under the market maker model with the minimum spread listed at 1.6 pips. With Pro and VIP accounts options that deploy the NDD model, commissions can be as low as $4 and $2 per lot. They have the most competitive spreads with average rates on EUR/USD pair at 0.2 pips, tough Tickmill markets both accounts with starting spreads of 0.0 pips. Tickmill also charges swap fees for holding a position open overnight. Third-party payment processor fees may apply, but a zero-fee policy exists for deposits that exceed $5,000.

 
Assets Fee level Fee terms
EURUSD Low Pro account: $2.00 commission per lot per trade plus spread cost. 0.1 pips is the average spread cost during peak trading hours.
GBPUSD Low Pro account: $2.00 commission per lot per trade plus spread cost. 0.3 pips is the average spread cost during peak trading hours.
S&P 500 CFD Low The fees are built into the spread, 0.35 points is the average spread cost during peak trading hours.
Inactivity fee Low No inactivity fee

Instruments Traded

Besides lots of currency pair, Tickmill also offers some instruments you would like to trade on, such as Forex and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

Tickmill users can trade in:  

  • 62 currency pairs
  • 14+ indices
  • Gold and silver
  • 4 bond CFD
  • 3 cryptocurrencies

As for ECN Pro (UK) account, Tickmill specifically provides it with the following instruments and leverage:


Forex

Forex
1:30

Crypto

Crypto
1:20


πŸ’² Min Deposit $50000

πŸ’‘ Min Position 0.01 lot

πŸ”’ Spread Variable

πŸ“‰ Scalping

πŸ€– Expert Advisors

⏱ Trailing stop

⏳ Pending orders

1️⃣ One-click trading

⚑ Automated trading

πŸ’Έ Commission $1

Fees

The Classic account operates under the market maker model with the minimum spread listed at 1.6 pips. With Pro and VIP accounts options that deploy the NDD model, commissions can be as low as $4 and $2 per lot. They have the most competitive spreads with average rates on EUR/USD pair at 0.2 pips, tough Tickmill markets both accounts with starting spreads of 0.0 pips. Tickmill also charges swap fees for holding a position open overnight. Third-party payment processor fees may apply, but a zero-fee policy exists for deposits that exceed $5,000.

 
Assets Fee level Fee terms
EURUSD Low Pro account: $2.00 commission per lot per trade plus spread cost. 0.1 pips is the average spread cost during peak trading hours.
GBPUSD Low Pro account: $2.00 commission per lot per trade plus spread cost. 0.3 pips is the average spread cost during peak trading hours.
S&P 500 CFD Low The fees are built into the spread, 0.35 points is the average spread cost during peak trading hours.
Inactivity fee Low No inactivity fee

Instruments Traded

Besides lots of currency pair, Tickmill also offers some instruments you would like to trade on, such as Forex, CFD and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

Tickmill users can trade in:  

  • 62 currency pairs
  • 14+ indices
  • Gold and silver
  • 4 bond CFD
  • 3 cryptocurrencies

As for VIP (UK) account, Tickmill specifically provides it with the following instruments and leverage:


Forex

Forex
1:30

Crypto

Crypto
1:20


πŸ’² Min Deposit $100

πŸ’‘ Min Position 0.01 lot

πŸ”’ Spread Variable

πŸ“‰ Scalping

πŸ€– Expert Advisors

πŸ’± Hedging

⏱ Trailing stop

⏳ Pending orders

1️⃣ One-click trading

⚑ Automated trading

πŸ’Έ Commission

Fees

The Classic account operates under the market maker model with the minimum spread listed at 1.6 pips. With Pro and VIP accounts options that deploy the NDD model, commissions can be as low as $4 and $2 per lot. They have the most competitive spreads with average rates on EUR/USD pair at 0.2 pips, tough Tickmill markets both accounts with starting spreads of 0.0 pips. Tickmill also charges swap fees for holding a position open overnight. Third-party payment processor fees may apply, but a zero-fee policy exists for deposits that exceed $5,000.

 
Assets Fee level Fee terms
EURUSD Low Pro account: $2.00 commission per lot per trade plus spread cost. 0.1 pips is the average spread cost during peak trading hours.
GBPUSD Low Pro account: $2.00 commission per lot per trade plus spread cost. 0.3 pips is the average spread cost during peak trading hours.
S&P 500 CFD Low The fees are built into the spread, 0.35 points is the average spread cost during peak trading hours.
Inactivity fee Low No inactivity fee

Instruments Traded

Besides lots of currency pair, Tickmill also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD, Oil, Stocks and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

Tickmill users can trade in:  

  • 62 currency pairs
  • 14+ indices
  • Gold and silver
  • 4 bond CFD
  • 3 cryptocurrencies

As for Classiс (EU) account, Tickmill specifically provides it with the following instruments and leverage:


Forex

Forex
1:300

Gold & silver

Gold & silver
1:300

Crypto

Crypto
1:20


πŸ’² Min Deposit $100

πŸ’‘ Min Position 0.01 lot

πŸ”’ Spread Variable

πŸ“‰ Scalping

πŸ€– Expert Advisors

⏱ Trailing stop

⏳ Pending orders

1️⃣ One-click trading

⚑ Automated trading

πŸ’Έ Commission

Fees

The Classic account operates under the market maker model with the minimum spread listed at 1.6 pips. With Pro and VIP accounts options that deploy the NDD model, commissions can be as low as $4 and $2 per lot. They have the most competitive spreads with average rates on EUR/USD pair at 0.2 pips, tough Tickmill markets both accounts with starting spreads of 0.0 pips. Tickmill also charges swap fees for holding a position open overnight. Third-party payment processor fees may apply, but a zero-fee policy exists for deposits that exceed $5,000.

 
Assets Fee level Fee terms
EURUSD Low Pro account: $2.00 commission per lot per trade plus spread cost. 0.1 pips is the average spread cost during peak trading hours.
GBPUSD Low Pro account: $2.00 commission per lot per trade plus spread cost. 0.3 pips is the average spread cost during peak trading hours.
S&P 500 CFD Low The fees are built into the spread, 0.35 points is the average spread cost during peak trading hours.
Inactivity fee Low No inactivity fee

Instruments Traded

Besides lots of currency pair, Tickmill also offers some instruments you would like to trade on, such as Forex and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

Tickmill users can trade in:  

  • 62 currency pairs
  • 14+ indices
  • Gold and silver
  • 4 bond CFD
  • 3 cryptocurrencies

As for ECN Pro (EU) account, Tickmill specifically provides it with the following instruments and leverage:


Forex

Forex
1:300

Crypto

Crypto
1:20


πŸ’² Min Deposit $50000

πŸ’‘ Min Position 0.01 lot

πŸ”’ Spread Variable

πŸ“‰ Scalping

πŸ€– Expert Advisors

πŸ’± Hedging

⏱ Trailing stop

⏳ Pending orders

1️⃣ One-click trading

⚑ Automated trading

πŸ’Έ Commission $1

Fees

The Classic account operates under the market maker model with the minimum spread listed at 1.6 pips. With Pro and VIP accounts options that deploy the NDD model, commissions can be as low as $4 and $2 per lot. They have the most competitive spreads with average rates on EUR/USD pair at 0.2 pips, tough Tickmill markets both accounts with starting spreads of 0.0 pips. Tickmill also charges swap fees for holding a position open overnight. Third-party payment processor fees may apply, but a zero-fee policy exists for deposits that exceed $5,000.

 
Assets Fee level Fee terms
EURUSD Low Pro account: $2.00 commission per lot per trade plus spread cost. 0.1 pips is the average spread cost during peak trading hours.
GBPUSD Low Pro account: $2.00 commission per lot per trade plus spread cost. 0.3 pips is the average spread cost during peak trading hours.
S&P 500 CFD Low The fees are built into the spread, 0.35 points is the average spread cost during peak trading hours.
Inactivity fee Low No inactivity fee

Instruments Traded

Besides lots of currency pair, Tickmill also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

Tickmill users can trade in:  

  • 62 currency pairs
  • 14+ indices
  • Gold and silver
  • 4 bond CFD
  • 3 cryptocurrencies

As for VIP (EU) account, Tickmill specifically provides it with the following instruments and leverage:


Forex

Forex
1:300

Gold & silver

Gold & silver
1:300

Crypto

Crypto
1:20

Payment Methods

Fortunately, there are a number of payment methods available, including bank wires, credit/debit cards, Skrill, Neteller, Sticpay, Fasapay, Unionpay, NganLuong, QIWI, and WebMoney. The minimum deposit and withdrawal amounts are $100 and $25, respectively. Withdrawal times are kept between instant and seven business days. There is no charge for any of the payment methods, however, a thrid-party fee may apply. Tickmill covers fees for wire deposits above $5,000, up to $100. Wire fees on deposits that exceed $5,000 are reimbursed, up to $100.

Deposit

 
Bank transfer βœ”οΈ βœ”οΈ βœ”οΈ
Credit/debit card βœ”οΈ βœ”οΈ βœ”οΈ
Electronic wallets βœ”οΈ βœ”οΈ βœ”οΈ

 

Withdrawal

 
Bank transfer βœ”οΈ βœ”οΈ βœ”οΈ
Credit/debit card βœ”οΈ βœ”οΈ βœ”οΈ
Electronic wallets βœ”οΈ βœ”οΈ βœ”οΈ
Withdrawal fee $0 $0 $0

Tickmill offers a variety of payment methods via:

WebMoney : WebMoney is one of the major online wallet services which many people use to send money around the world. For this reason, there is a large number of forex brokers that accept WebMoney today. Like other online payment services today, WebMoney is supported by mobile applications to make transactions more efficient.

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.

QIWI : Qiwi is an e-wallet or electronic payment service provider from Rusia that is introduced in 2007. The service is mainly used by individuals and businesses in Russia, Ukraine, Kazakhstan, Moldova, Belarus, Romania, the US, and the UAE.

Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.

FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.

Tickmill also provides payment with UnionPay, Ethereum, Crypto and Credit/debit cards



Trading Platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, Tickmill offers you MetaTrader 4 and MetaTrader 5.

  • MT4: The MT4 trading platform is known to be up-to-date and popular in a world-class trading environment. Despite its advanced capabilities, third-party plugins are required to unlock its full functionality. Unfortunately, Tickmill only offers the most basic version of the MT4 platform.

    metatrader 4

 

Here is how Tickmill trading platform compared with other brokers:

Broker
Platform Choice

      

      

     

Copy Trading βœ”οΈ βœ”οΈ βœ”οΈ
Platforms MT4, MT5 MT4, MT5, Avatrade Social, AvaOptions MT4, MT5, cTrader

 

Unique Features

Tickmil has a breadth of unique features:

  • MT4 plugin that enables one-click trading.
  • VPS hosting is provided in partnership with BeeksFX for a 20% discount on all packages.
  • Social trading via Myfxbook, with the benefit of a 1.2 pips mark-up on spreads that are levied on traders on top of the pricing environment in the Pro account.
  • MT4 multi-trader terminal that allows entry-level portfolio management.
  • Tickmill Prime provides services to institutional clients and appears to be the most prominent product maintained.

 

Research and Education

Tickmill is a great brokerage for professionals and beginners due to several factors:

  • The Tickmill blog is divided into many sections, such as Market Insight, Fund Analysis (referring to fundamental analysis), Tech Analysis (referring to technical analysis), and Articles. With a comprehensive look, the blog features daily trading updates, along with a solid mix of written, graphic, and video content.
  • Autochartist complements the analysis provided by Tickmill experts. It is useful for scanning the market independently for predefined patterns, alerting traders of potential upcoming opportunities. Three calculators are available that allow manual traders to calculate margin requirements and pip values.
  • Tickmill's eleven financial experts provide excellent financial market coverage.
  • Webinars are held weekly and cover a wide range of topics.
  • Tickmill also holds seminars globally introducing Forex trading to new and potential clients each year.
  • Two ebooks are available for download.
  • There is a library of video tutorials in English, Spanish, German, Arabic, and Russian.
  • The broker also offers a glossary where basic terms are explained in short sentences.
Broker
Beginner Course βœ”οΈ βœ”οΈ βœ”οΈ
Advanced Course βœ”οΈ βœ”οΈ βœ”οΈ

 

Bonuses and Promotions

At the time of writing, Tickmill does offer 4 deposit bonuses and promotions:

  • The Trader of the Month promotion requires no sign-up as every live account participates. $1,000 is awarded to the winner, but it remains unclear if this is a cash price or a non-withdrawable deposit into the trading account.
  • Tickmill offers global clients a prize of either $200 or $500 (dependent upon the accuracy of the guess) if they manage to be the NFP Machine winner, a contest held during NFP week each month.
  • There is also a $30 deposit awarded to the new clients, which cannot be withdrawn, but any profits generated are for traders to keep.
  • A four-month-long contest focused on referrals, known at Tickmill as the IB contest (Introducing Broker) is also held annually. The prize for the winner is either a complete travel package to London, New York, and Singapore, or else one of over $10,000 (equivalent) in prizes.

Customer Support

Do you have any question or find any trouble related to Tickmill? If you do, you should reach Tickmill's support to get the information that you need. Here is the detail of the broker's customer support:

Support is available 24/5 via e-mail Tickmill, webform, call, or live chat function. There is an FAQ section answers the most basic questions.

Website Languages

Arabic
English
Spanish
Indonesian
Korean
Malay
Polish
Portuguese
Russian
Thai
Vietnamese
Chinese

Office Support

Email Support

Call Support

Chat Support



FAQ About Tickmill

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if Tickmill is a good broker for you or not by reviewing the criteria. In general, Tickmill provides trading service in Forex , Gold & silver , CFD , Oil , Stocks and Crypto . As for the payment methods, you can choose between WebMoney, Skrill, Wire transfer, Credit/debit cards, Neteller, UnionPay, QIWI, FasaPay, Crypto and Ethereum. The customer support is available via Email, Phone, Callback, Live chat and Skype.


The starting capital in Tickmill is $100.


Tickmill is regulated by FSA (Seychelles) SD008, FCA 717270, CySEC 278/15, BaFin 146511, FSCA 49464, FSA (Labuan) MB/18/0028 and DFSA (Dubai) F007663. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.


Tickmill is a brokerage company offering trading services for clients since 2014 with offices in Seychelles, United Kingdom, Cyprus, Germany, South Africa, Malaysia and United Arab Emirates.



Tickmill News
David Tristan
Tickmill UK reports a 19.5% decline in profit in 2022, dropping from Β£7.16 million to Β£6.18 million.
Kyla Yocelyn
Tickmill partners with Lloyd's to offer insurance policies of up to $1,000,000 in the event of unforeseen events, ensuring client funds and increasing security.
Kyla Yocelyn
Tickmill partnered with Jonty Rhodes, the legendary South African coach and former cricketer, who will become its official brand ambassador.
Kyla Yocelyn
Tickmill presents Tickmill Social Trading to enable successful traders to earn additional income as strategy providers.
Kyla Yocelyn
Tickmill ranked as the top 3 Forex Brokers, according to Traders Union. TU experts recommend this broker for its credibility and high customer satisfaction.
Tom Roscar
Tickmill has launched an IBs contest that allows clients from Seychelles and Asia to compete for a grand prize of $10,000.
Tickmill Articles
Diva Nadia
Learning how to trade on your own can be quite challenging and boring. Join Tickmill's Traders Club to gain valuable insights and exchange trade ideas with other traders.
Diva Nadia
Tickmill has partnered with Signal Centre to provide strong daily trading signals suitable for traders of any expertise level. Read further to find out how to benefit from the tool easily.
Aisha Amajida
Tickmill deposit and withdrawal currently rely on nine types of payment methods, including bank transfer, cards, crypto payment, and e-payment.
Diva Nadia
Are you looking to gain extra income? Tickmill's Introducing Broker provides a solution to earn from the forex market without opening any trades.
Diva Nadia
Tickmill mobile app allows you to access the market and manage your trades directly from your phone. Is the app suitable for you?
Diva Nadia
Without having to trade, you can profit from the NFP release just by estimating the price movement during the event. Here's everything you need to know about the Tickmill's NFP Machine.
Testimonials
India
Rahulthorttll
Dec 19 2022
 
Tickmill is undoubtedly the best broker for forex. I have... More
Switzerland
Kent Gill
May 30 2023
 
This review is based on my time using them. In... More
Ukraine
Alexis Stevenson
May 30 2023
 
I have been requesting a withdrawal from Tickmill for a... More
Nigeria
Arturo Obrien
May 24 2023
 
I have become increasingly dissatisfied with Tickmill due to the... More
France
Michael Collier
May 22 2023
 
Depositing funds was a quick and straightforward process. Additionally, they... More
Canada
Kerry Brady
May 19 2023
 
Easily one of the best choices for beginners. They offer... More