Tickmill Broker Review 2024

Tickmill is a multi-asset brokerage with more than 785,000 registered users. It offers spreads from 0.0 pips and up to 1:300 leverage.

There are 6 base currencies [USD, EUR, GBP, ZAR, PLN, CHF] for the accounts on this broker.

Tickmill Company Information & Regulation

Tickmill is a global group of forex and CFD brokers that has garnered numerous industry awards and recognitions over the years.

The company's excellence in client service, trading conditions, and technology has solidified its position as a trusted name in the trading world.

Operating in over 180 countries, Tickmill boasts an impressive average monthly trading volume exceeding $129 billion.

Regarding regulation, this broker has taken a multijurisdictional approach, being regulated by authorities listed below:

• Financial Services Authority (FSA) in Seychelles
• Financial Conduct Authority (FCA) in the United Kingdom
• Cyprus Securities and Exchange Commission (CySEC)
• Labuan Financial Services Authority (LFSA)
• Financial Sector Conduct Authority (FSCA) in South Africa

Tickmill Specifics Summary

In this section, we will have a glance at the broker's main specifics and features. Summary table at Tickmill:

Trading Accounts Available on Tickmill

Different account types offer various specifications for traders. This brokerage offers two main types of trading accounts in addition to a demo account. Live accounts on Tickmill:

• Classic: For commission-free trading with access to global markets
• Raw: Offers trading with tight spreads and competitive commissions

These account types differ in commission and spreads, which will be covered later in the article.

Tickmill Forex Broker Advantages and Disadvantages

Examining pros and cons on a broker helps you to get a balanced view of it. Tickmill benefits and drawbacks:

Tickmill Broker Registration & Verification Tutorial

This brokerage uses a relatively longer process for account opening compared to other companies. Registration guide:

• Visit the Tickmill website and click on "Create Account;"
• Select your account type;

• Enter the required personal details in the form;
• Select your country of residence from the list;
• Provide your phone number;
• Upload images of the required documents.

Wait for the broker to verify your identity details, then your account will be authorized.

Tickmill Platforms & Apps

Traders use different platforms on brokers. Therefore, these companies usually try to offer various platforms to attract more users. Tickmill trading platforms and apps:

MetaTrader 4

"MT4" remains one of the most popular trading platforms globally, and Tickmill's offering includes:

• Order execution with no partial fills;
• EA trading through using the broker's VPS services;
• More than 50 indicators available in 39 languages;
• Automated trading capabilities (Expert Advisors);
• Trading signals.

Download links:

• Android
• iOS
• Windows
• MacOS

MetaTrader 5

The more advanced "MT5" platform offers enhanced features:

• Support for all order types, including 6 pending order types;
• Sophisticated algorithmic applications (Expert Advisors, trading robots, copy trading);
• 38+ integrated technical indicators;
• 21 timeframes;
• Customizable charts;
• Built-in economic calendar.

Download links:

• Android
• iOS
• Windows
• MacOS

Tickmill Mobile App

For traders on the go, the broker's proprietary mobile app provides:

• Account management features;
• Deposit and withdrawal functionality;
• Fast login using biometric authentication;
• 0.02s executions on average;
• Access to trading with all strategies;
• Transaction history for account management.

Download Links:

• Android
• iOS

Spreads & Commission on Different Account Types

Spreads and commissions are very effective in the cost management of the trading. At the table below, we will examine the trading fees on the broker:

Deposit and Withdrawal Methods on Tickmill

The broker offers a range of secure and convenient payment options. List of deposit and withdrawal methods on the broker:

• Bank Transfer: Using local banks
• Crypto Payments: Popular cryptocurrencies supported
• Credit/Debit Cards: Visa, Mastercard
• Electronic Payment Systems: Skrill, Neteller, Fasapay, Webmoney
• Unionpay: For Chinese traders

Does Tickmill Offer Copy Trade and Investment Options?

The broker offers copy trading services through its "Social Trading" section. It allows the user to become a "Strategy Provider" and let other people copy their trades or become a "follower" and copy the provided signals and strategies.

Also, a trader can be a provider and a follower at the same time by opening two different trading accounts. Regarding fees, providers can set up a maximum of 50% of the profit made for a follower as a commission.

Which Markets and Instruments Can You Trade on Tickmill?

This brokerage offers a diverse range of trading instruments with decent specifications and costs:

• Forex: Over 60 currency pairs with leverage up to 1:1000 and spreads from 0.0 pips
• Stock Indices: Over 15 global indices with low spreads and leverage up to 1:100
• Stocks & ETFs: Over 500 stocks and ETFs with leverage up to 1:20 and no commissions
• Bonds: Trade German bonds with spreads from 0.0 and leverage up to 1:100
• Commodities: Trade precious metals and energies with spreads from 0.0 and leverage up to 1:1000
• Cryptocurrencies: 24/7 trading with leverage up to 1:200.

Bonuses & Promotions on Tickmill

The broker periodically offers various bonuses and promotions to attract new clients and reward existing ones. Currently, it offers these bonuses for traders:

• Trader of The Month: a $1,000 prize for the best trader chosen by the broker
• NFP Machine: $500 for the trader who guesses the correct price of a chosen instrument after the NFP release
• $30 Welcome Account: a risk-free trading account for new traders

It's important to note that bonuses and promotions are subject to change and may have specific terms and conditions.

Tickmill Broker Customer Support

The brokerage provides common methods for contacting support. It offers multilingual services for users from around the world. Tickmill support contact methods:

• Live Chat: accessible on the website
• Phone Call: different phone numbers for various regulatory authorities
• Email Address: support@tickmill.com, getting a respond within 24 hours on business days

The support team is available 24/5.

Tickmill Restricted Countries List

While the broker operates globally, there are certain countries where its services may be restricted due to regulatory or legal reasons.

As of the last update, Tickmill does not provide any services to the countries listed below:

• Iraq
• North Korea
• Syria
• Myanmar
• Cuba
• Iran
• Sudan
• United States

Tickmill Trust Scores on Reliable Websites

This company has garnered positive trust scores on various reliable review websites, including ForexPeaceArmy. In this section of Tickmill review, we will have an overview of these scores:

• Trustpilot: 3.2 out of 5, based on over 500 reviews
• ForexPeaceArmy: 3.34/5, with over 200 votes

Educational Content and Materials Offering

Tickmill offers a comprehensive section dedicated to educational resources to help traders of all levels improve their skills. The broker's educational content:

• Market analysis and trading psychology guides
• Basic tutorials for working with a trading terminal and indicators
• Glossary of technical terms in the industry
• Market insights, infographics, webinars, and seminars

Conclusion and Final Words

Tickmill, a financial brokerage with a 3.2/5 trust score on "Trustpilot" based on more than 500 reviews, has a minimum order size of 0.01 lots.

The company provides +15 global indices in addition to +500 stocks and ETFs, with an 0.2 sec average execution time.