TickMill Review

Tickmill is a global award-winning Forex and CFD provider established in 2015 by the Tickmill Group. Tickmill also offers CFDs on stock indices, oil, precious metals, bonds and cryptocurrency.

Along with a variety of asset classes, Tickmill is also known for offering superior trading services and solutions which all clients can benefit from. These include industry trading platforms, ultra-fast trade execution flexibility for all trading strategies, variety of asset classes, tailored account types with great trading conditions, transparent fee structure, competitive spreads & low commissions, flexible leverage with leverage as high as 1:500, negative balance protection, vital educational and research resources, and a dedicated multi-lingual customer support service.

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Tickmill Broker Details

BrokerTickmill
Established2015
Head Office3, F28-F29 Eden Plaza, Eden Island, Mahe, Seychelles
RegulationsFCA (United Kingdom), CySEC (Cyprus), FSCA (South Africa), LFSA (Malaysia), FSA (Seychelles), BaFin (Germany), CONSOB (Italy), ACPR (France), CNMV (Spain).
Publicly ListedNo
Broker TypeSTP, NDD
Product OfferingForex and CFDs
Trading PlatformsMetaTrader 4, MetaTrader 5, MetaTrader WebTrader
Asset ClassesForex, Indices, Oil, Precious Metals, Bonds, Cryptocurrencies
Minimum DepositClassic – $100
Pro – $100
VIP – $50,000
Account CurrenciesUSD, EUR, GBP, PLN
Maximum Leverage1:500
Pricing ModelSpreads and Commissions
Spreads FromClassic – 1.6 pips
Pro – 0.0 pips
VIP – 0.0 pips
CommissionsClassic – Zero Commissions
Pro – 2 per side per 100,000 traded
VIP – 1 per side per 100,000 traded
Lot SizesMicro, Mini, Standard
Deposit &
Withdrawal Methods
Bank Wire Transfer, Credit and Debit Cards, Skrill,
Neteller, FasaPay, UnionPay, Qiwi, Sofort,
Islamic AccountYes
Demo AccountYes
ScalpingYes
HedgingYes

Pros

  • Strong regulatory framework.
  • Hassle-free account registration process.
  • Beginner-friendly.
  • All trading strategies allowed (including EAs, hedging and scalping).
  • A variety of asset classes.
  • Industry-standard trading platforms.
  • Transparent fee structure, with no hidden charges.
  • Tailored account types with superior trading conditions and tools.
  • Competitive spreads and low commissions.
  • Flexible leverage with leverage as high as 1:500.
  • Ultra-fast trade execution
  • Segregated client fund.
  • Negative balance protection.
  • Great educational and research offering.
  • Dedicated multi-lingual customer support service.

Cons

  • Does not accept traders from the United States, Cuba, Iraq, Myanmar, North Korea and Sudan.
  • No proprietary trading platform.
  • Limited range of instruments.