Tickmill Review 2023

Uncovering one of the leading Forex brokers TickMill, which is well known across the globe. With TickMill trade up to (over 60+ pairs, 20+ CFDs) as well as take maximum advantages from all the exciting features. Catch the complete TickMill review now.

Tickmill

Regulated by FSA, FCA, CySEC, LFSA

Overall Rating 3.5
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Introduction

Tickmill, a reliable broker of the current time, is operating as the number one platform for retail investors and traders while offering services like Forex, CFD, Social trading, and much more! 
 

The brokerage was founded back in late 2008 and since then they are operating globally that consists of more than 200 countries along with an approximately monthly trading volume of 122 bn. 
 

As per its primary headquarters, it's primarily based in London, UK but they own multiple operating stations in several countries including Australia, Vietnam,  South Africa, Tanzania, Estonia, and finally in Malaysia.

Broker Details

  • Minimum Trade Size: 0.01
  • Maximum Leverage: 500:1
  • Minimum to Open Live: $100
  • Established: 2015
  • Address: 3, F28-F29 Eden Plaza, Eden Island, Mahe, Seychelles
  • Contact: support@tickmill.com, +852 5808 2921
  • Regional offices:
  • Prohibited countries: United States
  • Trading platforms: MT4
  • Web Trading: Yes
  • Mobile Trading: Yes
  • Currencies: (60+)
  • Cryptocurrencies:
  • CFD: (20+) Gold, Silver, Stock Indexes, Bonds, Oil
  • EAs/Robots: Yes
  • News Spike Trading: Yes
  • Scalping: Yes
  • MAM: Yes
  • PAMM: No
  • ZuluTrade: No
  • Deposit Methods:

    Bank Wire, VISA, MasterCard, FasaPay, Globe Pay, Local Bank Transfers, Neteller, Ngan Luong, Qiwi, Skrill, SticPay, UnionPay

  • Withdrawal Methods:

    Bank Wire, VISA, MasterCard, FasaPay, Globe Pay, Local Bank Transfers, Neteller, Ngan Luong, Qiwi, Skrill, SticPay, UnionPay

Trading Conditions

Tickmill, which is widely known for its EMPATHIC trading accounts is providing three individual types of trading accounts including,
 

  • Classic
  • Pro 
  • Vip


Note: Keeping in mind all Muslims across the globe, the brokerage is committed to providing Islamic trading accounts at the time of need.
 

Let's get a closer look at the accounts provided by Tickmill. 
 

Here are the deets...
 

First of all, the classic trading accounts are BEST suited for amateur traders but it's also pretty prominent for experienced traders as well. 
 

Furthermore, the account contains availability of more than 62 currencies and the spreads start from 1.6 pips where no commissions are charged.
 

Then the Pro accounts come into action which is mainly designed for the expert market traders. As a reason, the spreads of these accounts start from 0.0 pips where commissions are applicable except indices, oils, and bonds.
 

Tickmill also provides high-volume trading accounts that are known as "VIP accounts'' for certain groups of traders who are in need of HUGE transactions. Besides, the account requires a minimum deposit amount of $50,000 along with zero commissions ( for Oil, Stock, Indices, and CFDs only).
 

And last but not least the leverage ratio that Tickmill offers is 1:500 which can vary depending on the asset.
 

Apart from all these, Tickmill offers two varieties of executions which include the NDD ( No Dealing Desk) Execution along with market executions. Besides, you won't be getting any instant execution procedure with the brokerage.

Products:
 

Just like all the profound Foreign exchange brokerage, Tickmill is also HUGELY known for giving access to an ultra-wide range of trading accessories to its clients.
 

Which entirely covers:
 

  • Forex: You'll be eligible to trade on more than 60 currency pairs including the exotic ones (EUR/GBP, GBP/USD, and ZAR/USD) also.
     
  • Stock and Indices: Tickmill grants you access to more than 14 Indices including NASDAQ, FTSE, Dow, DAX, and Jones.
     
  • Commodities: You''ll be able to trade on precious metals such as gold and silver along with WTI oil.
     
  • Bonds: You'll be given access to trade on a few selected German bonds.
     

Regulations: 
 

It's no doubt that Ticmill can simply compete with the tightest regulated brokers as the brokerage itself is regulated with tight regulatory bodies including:
 

  • FSA 
  • CySEC
     

Tickmill global is regulated by FSA on the other hand the brokerage is also regulated with CySEC in the United Kingdom region. And out of all people, you should know that these two regulatory bodies ensure the most secure trading experience.
 

Still, waiting? Hop on with Tickmill from this very moment

Products

Just like all the profound Foreign exchange brokerage, Tickmill is also HUGELY known for giving access to an ultra-wide range of trading accessories to its clients.
 

Which entirely covers:
 

  • Forex: You'll be eligible to trade on more than 60 currency pairs including the exotic ones (EUR/GBP, GBP/USD, and ZAR/USD) also.
     
  • Stock and Indices: Tickmill grants you access to more than 14 Indices including NASDAQ, FTSE, Dow, DAX, and Jones.
     
  • Commodities: You''ll be able to trade on precious metals such as gold and silver along with WTI oil.
     
  • Bonds: You'll be given access to trade on a few selected German bonds.

Regulation

It's no doubt that Ticmill can simply compete with the tightest regulated brokers as the brokerage itself is regulated with tight regulatory bodies including:
 

  • FSA 
  • CySEC
     

Tickmill global is regulated by FSA on the other hand the brokerage is also regulated with CySEC in the United Kingdom region. And out of all people, you should know that these two regulatory bodies ensure the most secure trading experience.

Still, waiting? Hop on with Tickmill from this very moment

Platforms

Though Tickmill is considered as one of the BIG names among all the Foreign exchange brokerages, don't let that get too much of you. Why?
 

When it comes to trading platforms they really messed up on many things and to be specific it's the unavailability of diverse trading platforms.
 

Apart from that, everything is alright as they provide an enhanced Meta Trader 4 trading platform which is made from the cutting-edge technology from the 21st century.

The classic MT4 platform features:
 

  • Several charting tools.
  • More than 50 trading indicators.
  • Availability of Forex EA's.
  • Appropriate order management.
  • Effective notification system.
  • Historical data center.
     

For a better overview follow the image stated below:

Source: Forexbrokers.com
 

Besides that, Tickmill also offers a web trading platform that is preliminary based on the web trading version of the MT4. Therefore, you won't need to undergo any unnecessary installation process.

The Web trader platform features:
 

  • More than 30 trading indicators.
  • More than 9-time frames.
  • Availability of real quotes.
  • Heavily customizable.

Mobile Trading

Tickmill also provides the advantage to trade with mobile devices through its mobile trading app which is obviously available for both android and ios. 
 

The mobile app offered by Tickmill is HUGELY customizable and not only that but you'll also be getting multiple price trends, trading charts, market analysis, and much more!

Source: Forexbrokers.com

Bonus & Promotion

Unlike all the tightest regulated brokerages, Tickmill sure does provide several opportunities for gaining lavish trading bonuses. Even right now they are offering 4 types of trading bonuses including:
 

Welcome bonus of $30
 

  • In order to claim this bonus all you have to do is to create a trading account with Tickmill and start trading from this moment as the bonus will expire pretty soon.
     

Become the "trader of the month"
 

  • If you somehow manage to perform better in terms of trading compared to all the other traders assigned with the brokerage, you'll be awarded as the trader of the month along with that you'll also get $1,000 from the broker.
     

Get promotions with rebates
 

  • Do rebates in all of your trades and win solid cash on each rebate.
     

Try to predict the NFP
 

  • If you can somehow assume the  NFP before anyone else then there's a pretty good chance for you to win $500.


Note: Due to several jurisdictions provided by the brokers, the bonuses may not be available for all sorts of traders.

Deposits & Withdrawals

When it comes to providing a wide range of transaction methods, Tickmill is no exception. They permit most of the vastly popular payment methods including Visa/Mastercard, Neteller, Skrill, QIWI, China Union Pay, Fasapay, Web money, and direct bank transfers.
 

The required minimum deposit of the broker is $100 or equivalent to that amount which is justified for the classic and PRO accounts. Besides, the minimum withdrawal amount is $25 or equivalent.


Note: The payments can be converted to USD, EUR, GBP, and PLN.

Customer Support

Tickmill is well concerned about their clients as a result, they've tried to fabricate an active as well as effective customer support protocol. The support is available only 24/5 though from 7:00 to 16:00 GMT.

You can contact them via:

 

  • Phone Number: +852 5808 2921
  • Email: support@tickmill.com
     

Besides, for any additional queries, you can hop on with a live trading chat to get an even clearer overview of several aspects. Also, for all the latest news and other broker related ifos check out their official youtube channel.

Research & Education

Tickmill's education offering is better than the industry average but not quite good enough to make the cut as Best in Class (top 7).
 

When it comes to offering useful as well as effective educational materials, Tickmill almost does the job.
 

Hold on a bit .... almost but not quite a top-notch.
 

Tickmills' educational sector covers some pretty effective eBooks as well as some Webinars in diverse languages but they lack quality educational posts. 
 

As if that's not enough their educational contents are HUGELY mixed with a lot of market researchers as a result, the primary objective of those contents are not quite clear as they should be.
 

The same can be said for their researches and stuff as they shuffle far behind their competitors in providing accurate market researchers and overviews.

Comparison

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frequently asked questions

Tickmill’s policy is to process withdrawals via the same method that you used to deposit. For example, if you deposited using a credit card, the card will be credited with an amount equal to the deposit amount. Upon request, we can send any profits via other payment methods under your name.

Tcikmill process all withdrawal requests within one working day. The time necessary for the funds to reach your bank account depends on your bank’s policy. Bank withdrawals can take 3-7 working days to be seen on the client’s account. Credit/debit card withdrawals can take up to 8 working days to be seen on the client’s account.

Yes, you can. However, at the moment of withdrawal processing, your free margin must exceed the amount specified in the withdrawal instruction including all payment charges. Free margin is calculated as equity minus the necessary margin (which is required to maintain an open position).

If you do not have sufficient free margin on your trading account, we will not carry out the withdrawal request until you submit a corrected withdrawal form and/or close the open positions on your account.

Tickmill provides you with low spreads starting from 0.0 pips and an ultra-fast execution speed of 0.15 seconds on average. Skrill, Neteller, FasaPay, UnionPay, and credit card deposits are processed instantly while withdrawals are processed within one working day. Tickmill is proud that Tickmill has no restrictions on trading and no requotes. They also allow scalping, hedging, arbitrage, EAs, and algorithms.

Tickmill does offer Cash CFDs that allow you to trade with a continuous price that isn’t subject to an expiration date. The Cash CFD price is derived from the underlying futures contracts.

Tickmill offers FIX API connection to our large private clients and institutional clients. The minimum account balance required is 500,000 £$€ and the required minimum monthly commission fee generated should be 5,000 £$€. Tickmill does not offer a demo version. If a client generates 5,000 £$€ or more in monthly commissions, then they do not charge any fees for using this service. However, if the monthly commissions are less than 5,000 £$€, then a fee applies (5,000 £$€ – the amount of commission generated).

Tickmill Ltd is regulated as a Securities Dealer by the Seychelles Financial Services Authority (FSA). As such, our internal systems are in compliance with the FSA regulations, which means that your funds are held in segregated accounts to protect your assets.

Tickmill is a trading name of Tickmill Ltd, which is regulated by the Seychelles Financial Services Authority (FSA).

Tickmill is also a trading name of Tickmill UK Ltd, which is authorized and regulated by the Financial Conduct Authority (FCA) of the United Kingdom and of Tickmill Europe Ltd which is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC).

All review here

Sort By:

Michael R. Edelson

Krefeld , Germany 2022-05-18 15:51:18

Happy with this broker

  • Service use : Live
  • Length of use: More Than 1 Year

Quite pleased with their core Marketscope 2.0 platform. There have never been any complaints about monies being withdrawn. They have no restrictions on outstanding orders.

Carl Maslow

Via Melisurgo , Italy 2022-04-26 10:30:57

Skilled broker

  • Service use : Live
  • Length of use: 6-12 Months

Skilled broker, reasonable spreads and fees, and quick execution.

Harry E. Bradford

Vestmannaeyjar , Iceland 2022-04-19 13:29:35

Alter from con artists.

  • Service use : Live
  • Length of use: 3-6 Months

The disadvantage of this low-spread broker is that you cannot withdraw if you deposit.

Roger C. Greenwood

HALDEN , Norway 2022-04-17 08:13:21

Best for professional broker

  • Service use : Live
  • Length of use: 6-12 Months

I have a Pro account on Tickmill. They offer a very competitive commission-based pricing for professionals.

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