Tickmill review: Tickmill is an online forex and CFD broker founded in 2014 with headquarters in London, United Kingdom. The broker offers trading services to clients in over 200 countries, including Europe, Asia, Africa, and the Middle East. Tickmill has become a popular choice for traders due to its low spreads, fast trade execution, and comprehensive educational resources.
One of the key advantages of Tickmill is its competitive pricing. The broker offers low spreads starting from 0.0 pips on major forex pairs, as well as low commissions starting from $0.01 per trade. This makes trading with Tickmill more cost-effective compared to other brokers in the industry. Furthermore, the platform offers a range of trading instruments, including forex, indices, commodities, and bonds, providing traders with a diverse range of options to choose from.
In terms of regulation, Tickmill is licensed and regulated by several reputable authorities, including the UK Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC). This ensures that the broker adheres to strict regulatory standards and that client funds are kept in segregated accounts for maximum security.
Trading Terminals:
| 💵 Currency: | USD, EUR |
| 💰 Min deposit | From $100 |
| ⚖️ Leverage | 1:2000 |
| 💱 Spread | Floating from 0 pips |
| 💹 Markets | Forex, Stocks, Indices, ETFs, Soft Commodities, Energies, Metals, Cryptocurrencies |
| 📱 Mobile apps | iOS, Android |
| 🗺️ Headquarters | United Kingdom |
Overall Tickmill Review
Overall, Tickmill is a reliable and competitive broker that offers low spreads, fast trade execution, and comprehensive educational resources. With its strong regulatory framework and commitment to client safety, Tickmill is a popular choice for traders looking to access the global markets
Go to Tickmill website
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Top Reviews
Best customer reviews of Tickmill
The site administration cannot guarantee review accuracy and lacks the technical means to verify if authors are actual customers. Reviews lacking detail and purely emotional in nature are disregarded.
Tickmill is one of the best platforms I have used for trading. Their platform is user-friendly, and their customer support team is always available and helpful. I appreciate the wide range of markets they offer, including Forex, stocks, and cryptocurrencies. Their spreads are very competitive, and I have never had any issues with order execution. Overall, I am very satisfied with Tickmill's platform and would recommend it to anyone looking for a reliable trading platform.
Poland
I had a bad experience with Tickmill's platform. Their spreads are competitive, but their order execution is slow, resulting in significant slippage. Additionally, their research tools are limited, and I found it difficult to analyze market data effectively. While their customer support is responsive, they were not able to resolve my issues in a satisfactory manner. Overall, I would not recommend Tickmill to traders who require fast and reliable order execution and advanced research tools.
India
Their trading conditions are good and their platform is easy to use, I found that their educational resources are somewhat limited. Also, their research tools are not as advanced as some of the other brokers I have used. On the positive side, their customer service is responsive and friendly, and their trading commissions are competitive. Overall, I would recommend Tickmill to traders for whom usability and customer support come first, but those who need more advanced research tools may want to look elsewhere
Spain
Expert Review
Expert Review of Tickmill
Tickmill is an online trading platform that offers its users access to a wide range of financial instruments, including forex, stocks, and commodities. As a financial expert, I have conducted a thorough analysis of Tickmill's reliability, taking into account various factors, such as its reputation, security measures, and regulatory compliance.
Reputation:
Tickmill has been in operation since 2014 and has established itself as a reputable and trustworthy trading platform. The company has won numerous awards in recognition of its excellent trading conditions and is highly rated by users on various review sites. Additionally, Tickmill is a member of the Financial Commission, an independent organization that provides dispute resolution services, further bolstering its reputation.Security Measures:
The platform has implemented robust security measures to ensure the safety of its users' funds and personal information. The platform uses SSL encryption to protect data and employs two-factor authentication for account logins. Tickmill also keeps users' funds in segregated accounts, ensuring that they are not mixed with company funds.Regulatory Compliance:
The platform is regulated by several prominent financial authorities, including the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, and the Seychelles Financial Services Authority (FSA) in Seychelles. These regulators enforce stringent financial standards, including capital adequacy requirements and client fund protection, ensuring that the platform operates in a transparent and fair manner.
Financial expert and analyst at TradersHero.com
As with any form of trading, there are risks involved when trading on Tickmill. The value of financial instruments can fluctuate rapidly, and traders may lose some or all of their investment. It is important to note that past performance is not necessarily indicative of future results, and traders should not rely solely on historical data when making trading decisions.
Copy Trading
Investment Programs
Tickmill.com offers a copy trading service known as Tickmill Copy Trading. This service allows traders to automatically replicate the trades of experienced and successful traders, known as Strategy Providers, into their own trading accounts. By connecting their accounts to the Copy Trading platform, traders can choose from a wide range of Strategy Providers based on their performance, trading style, and risk appetite.
Tickmill Copy Trading provides a user-friendly interface that allows traders to browse through different Strategy Providers, view their trading performance and historical data, and select the ones they wish to follow. Once a Strategy Provider is selected, the trades executed by the Strategy Provider will be automatically replicated in the follower's trading account in real-time.
This copy trading service offers several benefits, including:
- Access to Expertise: Traders can gain access to the trading strategies and expertise of successful traders, even if they are relatively new to trading themselves. This can help them learn from experienced professionals and potentially improve their own trading performance.
- Convenience: Copy trading eliminates the need for active trading and constant monitoring of the markets. Traders can simply select suitable Strategy Providers and let the platform automatically replicate their trades, saving time and effort.
- Diversification: Copy trading allows traders to diversify their portfolios by following multiple Strategy Providers with different trading styles and approaches. This can help spread the risk and potentially enhance overall trading results.
- Transparency and Control: Traders have full control over which Strategy Providers they choose to follow and can monitor their performance and adjust their portfolio accordingly. They can also set risk management parameters, such as maximum trade size or stop loss levels, to manage their risk exposure.
It's important for traders to conduct their own due diligence and carefully evaluate the performance, risk profile, and trading strategy of each Strategy Provider before choosing to follow them. While copy trading can be a valuable tool, it's essential to understand the associated risks and potential limitations, such as the possibility of incurring losses and the dependency on the performance of the Strategy Providers.
It's important for traders to conduct their own due diligence and carefully evaluate the performance, risk profile, and trading strategy of each Strategy Provider before choosing to follow them. While copy trading can be a valuable tool, it's essential to understand the associated risks and potential limitations, such as the possibility of incurring losses and the dependency on the performance of the Strategy Providers.
Remember to conduct your own due diligence and research when selecting signal providers. Past performance is not indicative of future results, and there are risks involved in copy trading. Keep track of your investments and regularly assess their performance to ensure they align with your trading goals and risk tolerance.
The information provided in this article is for educational and informational purposes only. It does not constitute financial advice or any form of recommendation. Trading and investing in cryptocurrencies, copy trading, and other financial markets involve substantial risks, including the risk of losing the invested capital.
Remember to conduct your own due diligence and research when selecting signal providers. Past performance is not indicative of future results, and there are risks involved in copy trading. Keep track of your investments and regularly assess their performance to ensure they align with your trading goals and risk tolerance.
Best Copy Trading Platforms
Conditions
Trading Conditions for Tickmill Traders
Trading Terminals:
Tickmill provides traders with a range of competitive trading conditions, including low spreads, fast execution, a broad range of trading instruments, leverage, and competitive fees. The platform offers tight spreads on its trading instruments, starting from as low as 0.0 pips on some forex pairs. Traders can benefit from fast and reliable execution of trades, with orders typically executed in milliseconds, as well as a broad range of trading instruments, including forex, stocks, indices, commodities, and cryptocurrencies.
Tickmill provides flexible leverage options, allowing traders to choose their preferred leverage level depending on their risk appetite and trading strategy. The maximum leverage available varies depending on the trading instrument, but can be as high as 1:300 for forex pairs. The platform also charges competitive fees on its trading instruments, with no hidden fees or commissions. Tickmill offers a range of trading platforms to suit different trading styles and preferences, including the popular MetaTrader 4 platform and its proprietary WebTrader platform.
In conclusion, Tickmill offers competitive trading conditions, including low spreads, fast execution, a broad range of trading instruments, leverage, and competitive fees. Traders can choose their preferred leverage level depending on their risk appetite and trading strategy, and benefit from a range of trading platforms to suit different trading styles and preferences. However, traders should always remember that trading carries risks, and it is important to carefully consider investment objectives and risk appetite before trading on Tickmill or any other platform.
| 💵 Currency | USD, EUR |
| 💰 Min deposit | From $100 |
| ⚖️ Leverage | 1:300 |
| 💱 Spread | Floating from 0 pips |
| 💹 Markets | Forex, Stocks, Indices, ETFs, Soft Commodities, Energies, Metals, Cryptocurrencies |
| 📱 Mobile apps | iOS, Android |
| 💵 Replenishment / Withdrawal: | Visa/Mastercard, Bank payments, Electronic payments (Skrill, AstroPay, Neteller, AdvCash) |
| 🏦 Broker Type: | ECN, Market Maker, Dealing |
| 📞 Customer Service | Forums, Call Back, Phone, Chat, Email |
| 👩💼 Support | Multilingual |
| 👨💼 Personal Account Manager | ✅ |
| 🔁 Copy Trading | ✅ |
| 🔓 Demo account | ✅ |
| 🗺️ Headquarters | United Kingdom |
Risk Warning
Comparison
Comparison of Tickmill with other FOREX Brokers
MT5
WebTrader
Broker comparison table of trading instruments
Commissions
Tickmill Accounts, Commissions & Fees
Tickmill is an international Forex and CFD broker that offers several types of trading accounts, each with its own features, commissions and fees.
Commissions for trading in Tickmill accounts depend on the type of account. Some accounts may charge a commission per trade, while other accounts may include a commission on the difference between supply and demand.
Regarding fees, Tickmill does not charge deposit or withdrawal fees, but there may be fees charged by the payment provider. There is also an inactivity fee of $5 per month if the account is inactive for more than six months.
It is important to note that fees and charges are subject to change, so it is recommended that you check the Tickmill website for the most current information.
Types of accounts
- Pro Account: This account is designed for professional traders and requires a minimum deposit of $50,000. The commission for this account is $2 per side per 100,000 traded. Spreads on major currency pairs start from 0.0 pips, and there are no markups or hidden fees.
- Classic Account: This is the standard account type offered by Tickmill, and it requires a minimum deposit of $100. The commission for this account is $0, and the spreads on major currency pairs start from 1.6 pips.
- VIP Account: This account is designed for high-volume traders and requires a minimum deposit of $50,000. The commission for this account is $1 per side per 100,000 traded. Spreads on major currency pairs start from 0.0 pips, and there are no markups or hidden fees.
| Account type | Pro | Classic | VIP |
|---|---|---|---|
| Minimum deposit amount | 100$ | 100$ | – |
| Minimum balance | – | – | 50,000$ |
| Available Base Currencies | USD, EUR, GBP, PLN, CHF | USD, EUR, GBP, PLN, CHF | USD, EUR, GBP, PLN, CHF |
| Spreads from | 0.0 points | ✅ | 0.0 points |
| Maximum leverage for retail clients | 1:30 | 1:30 | 1:30 |
| Maximum leverage for professional clients | 1:300 | 1:300 | 1:300 |
| Min. lots | 0.01 | 0.01 | 0.01 |
| Commissions | 2 in each direction for every $100,000 in transactions | Zero Fees | 1 in each direction for every $100,000 in transactions |
| Any strategy allowed | ✅ | ✅ | ✅ |
| Islamic Swap Free Account Option | ✅ | ✅ | ✅ |
Risk Warning
Final review
Detailed review of Tickmill
Tickmill is a global Forex and CFD broker that offers a wide range of trading instruments, including currencies, commodities, and indices. The broker was founded in 2015 and is regulated by multiple financial authorities, including the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Authority (FSA) in Seychelles.
Tickmill can be a great choice for beginners in forex trading due to its variety of account types and educational resources.
The platform provides a variety of educational resources for traders, including webinars, video tutorials, and eBooks. The broker also offers a demo account for traders to practice their trading strategies without risking real money.
The platform also offers a variety of account types to suit different trading styles and needs. The account types include Pro Account, Classic Account, and VIP Account. The Pro Account is designed for professional traders, and requires a minimum deposit of $50,000. The Classic Account is the standard account type offered by Tickmill, and requires a minimum deposit of $100. The VIP Account is designed for high-volume traders, and requires a minimum deposit of $50,000. Islamic swap-free accounts are also available for clients who follow the Muslim faith.
In terms of fees, Tickmill's commissions and spreads vary depending on the account type and the trading instrument. The Pro Account charges a commission of $2 per side per 100,000 traded, while the VIP Account charges a commission of $1 per side per 100,000 traded. The Classic Account does not charge any commissions, but has wider spreads than the Pro and VIP accounts. Tickmill does not charge any deposit or withdrawal fees, but there may be fees charged by the payment provider. In addition, there is an inactivity fee of $5 per month if the account is inactive for more than six months.
In summary, Tickmill is a well-regulated broker with a variety of account types and trading platforms to suit different trading styles and needs. The broker's commissions and spreads are competitive, and the educational resources and demo account make it a good option for traders of all levels.
Advantages:
Tickmill Regulator
The FCA is the financial regulatory body in the United Kingdom responsible for regulating financial services and protecting consumer rights in the UK. The FCA is one of the world's most reputable financial regulators and has strict requirements for brokers. Regulation by the FCA means that Tickmill UK Ltd is licensed to provide financial services and strictly complies with the regulator's requirements. FCA regulation usually results in a higher level of security and transparency for clients, as well as a higher level of requirements for the broker, including mandatory client fund insurance..
Regulator website: Financial Conduct Authority
Risk Warning
Promotions
Bonuses Paid by the Tickmill
I apologize for my mistake earlier. As a forex and CFD broker, the company offers a variety of bonus programs and promotional offers to its clients. Here are some examples of the bonus programs that Tickmill provides:
Welcome Bonus
Tickmill offers a welcome bonus to new clients who register for an account and meet certain requirements. The bonus amount varies depending on the type of account and the amount deposited, and clients should carefully read the terms and conditions before accepting the offer.
Deposit Bonus
Tickmill also offers deposit bonuses to clients who make a deposit into their trading account. The bonus amount varies depending on the amount deposited and the type of account, and clients must meet certain trading requirements before being able to withdraw the bonus.
Cashback Program
Tickmill offers a cashback program that allows clients to earn cashback based on their trading volume. The more the client trades, the higher the cashback amount they receive.
Education
Review of the Tickmill Education Program
Tickmill is a forex and CFD broker that provides a range of educational resources for its clients. The Tickmill Education Program includes a variety of materials, including webinars, video tutorials, eBooks, and trading guides. In this review, we will take a closer look at the program and evaluate its effectiveness.
Tools for dividing learning into multiple categories:
Overall, the Tickmill Education Program is a comprehensive resource for traders looking to improve their trading skills. The program offers a range of materials that cover various trading topics, and the webinars are an excellent way to learn from experienced traders. The video tutorials and eBooks are also informative, although they may not provide as much depth as some other educational resources. Overall, the Tickmill Education Program is a great resource for traders of all levels, and it can help traders improve their skills and make more informed trading decisions.
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Rating and Comments
Tickmill Users Reviews 2024
Authors:
Roman Mukhin
Financial expert, analyst and author
Jane Emberg
Financial analyst and editor
Tickmill’s trading conditions are generally good, but there are some areas for improvement. While the spreads are competitive, the minimum deposit requirement is higher than some other brokers in the industry. Additionally, the leverage is somewhat limited, which may not be ideal for more experienced traders. However, the platform is reliable and easy to use, and I appreciate the educational resources available to traders. Overall, I am satisfied with the trading conditions at Tickmill but would like to see some improvements in the future.
I have been trading with Tickmill for over a year now and I am very satisfied with my trading experience. The platform is user-friendly and the execution is fast and reliable. The variety of trading instruments available is also impressive, with a good mix of forex, commodities, and indices. I particularly appreciate the competitive spreads and the low commissions, which have helped me maximize my profits. Overall, I would highly recommend Tickmill to any trader looking for a reliable and efficient trading platform.
I had a disappointing experience with Tickmill’s customer support. I had an issue with a trade that was executed incorrectly and I reached out to customer support for assistance. However, the response time was slow and the representative was unhelpful and dismissive of my concerns. I was left feeling frustrated and disappointed with the level of service provided. While I have had some positive experiences with Tickmill in the past, this interaction has left a bad taste in my mouth and I am considering switching to a different broker.
I recently made a withdrawal from my Tickmill account and was very pleased with the process. The funds were transferred quickly and efficiently, with no issues or delays. I appreciate the variety of withdrawal methods available, including bank transfers, credit cards, and e-wallets. The fact that Tickmill does not charge any fees for withdrawals is also a big plus. Overall, I am very satisfied with the withdrawal process at Tickmill and would recommend this broker to other traders.