Reviewed broker: Tickmill
Operated by Tmill UK Limited
Established in 2014
Location: Seychelles
USA traders: not accepted
STP: yes
ECN electronic communication network: yes
No dealing desk NDD: yes
Regulated: FCA UK, FSA Seychelles
Trading instruments: Forex. Stock Indices. Commodities. Bonds. Cryptocurrencies.
Currency pairs: 62
Maximum leverage is up to 1:500
Tickmill Review : Account Types
Classic
For beginners who want to trade commission-free
85 Trading Instruments
Trade 62 currency pairs, 16 CFDs as well as Gold and Silver on your Classic account with variable spreads starting from 1.6 pips and no commissions.
Though many brokers do not allow placing stop and limit orders close to market prices, we allow you to do just that.
Please note that Classic account charts show market spreads without the markup.
- Minimum deposit of $100
- Available currencies: USD, EUR, GBP, PLN
- Spreads from 1.6 pips
- Leverage up to 1:500
- Min lots 0.01
- Commissions Zero commissions
- Islamic account available upon request
Trading Conditions
- Execution model: NDD
- Account currency: USD, EUR, GBP, PLN
- Execution type: market execution
- Average execution speed: 0.1 seconds
- Margin call / Stop-out: 100% / 30%
Pro
For more experienced traders who want professional advantage
85 Trading Instruments
Trade 62 currency pairs, 16 CFDs as well as Gold and Silver on your Pro account with fluctuating spreads starting from 0.0 pips.
Though many brokers do not allow placing stop and limit orders close to market prices, we allow you to do just that. So stop and limit levels for Pro account users are zero.
- Minimum deposit of $100
- Available currencies: USD, EUR, GBP, PLN
- Spreads from 0.0 pips
- Leverage up to 1:500
- Min lots 0.01
- Commissions 2 per side per 100,000 traded
- Islamic account available upon request
Trading Conditions
- Execution model: NDD
- Account currency: USD, EUR, GBP, PLN
- Execution type: market execution
- Average execution speed: 0.1 seconds
- Margin call / Stop-out: 100% / 30%
VIP
For bigger traders who want more personalized approach
85 Trading Instruments
Trade 62 currency pairs, 16 CFDs as well as Gold and Silver on your VIP account with spreads starting from 0.0 pips.
Though many brokers do not allow placing stop and limit orders close to market prices, we allow you to do just that. So stop and limit levels for VIP account users are zero.
- Minimum deposit of $50,000
- Available currencies: USD, EUR, GBP, PLN
- Spreads from 0.0 pips
- Leverage up to 1:500
- Min lots 0.01
- Commissions 1.6 per side per 100,000 traded
- Islamic account available upon request
Trading Conditions
- Execution model: NDD
- Account currency: USD, EUR, GBP, PLN
- Execution type: market execution
- Average execution speed: 0.1 seconds
- Margin call / Stop-out: 100% / 30%
Demo Account available at Tickmill Forex Broker
Polish your skills and test your strategies risk-free before entering the real market
Tickmill Review : Trading platforms
MetaTrader 4
Tickmill’s MT4 platform is fully customisable and is designed to give you an edge in trading
Key Features
- CFDs on forex, stock indices and commodities
- No partial fills
- EA trading facilities
- Micro lots available
Web Trader
Online platform that gives quick and easy access to trading with no need for downloading or installing
Key Features
- Real-time quotes in the Market Watch
- Customizable price charts
- 9 chart timeframes
- Basic analytical objects: horizontal, vertical and trend line, equidistant channel and Fibonacci lines
Benefits of MT4 Web Trader Platform
- Fast and easy access to financial markets from any desktop
- Convenient interface of a familiar MT4 platform
- One-click trading
- Complete safety – any transmitted information is securely encrypted
Trade easier and faster with Autochartist
Make informed decisions and stay on top of the game with the world’s most versatile technical analysis tool. Autochartist uses its advanced recognition engine to sift through large amounts of data to identify chart patterns and key price levels across a wide range of Forex and CFD instruments, so you never miss an opportunity again.
Tickmill VPS
Keep your MT4 EAs and signals running even if you are offline
Why choose Tickmill VPS by BeeksFX
As Tickmill client, you are entitled to the following exclusive benefits:
- 20% discount on all packages
- Quick setup and a 24/7 live chat and email support
- Negligible latency due to VPS servers’ adjacent location to Tickmill
- 100% uptime guarantee
Advanced charting: yes
Build-in indicators: yes
Expert advisors: allowed
Automatic trading: yes
Social trading: yes, via myfxbook Autotrade copy-trade platform
Payment methods: wire transfer (commission are charged), credit/debit cards, Skrill, Neteller, FasaPay, UnionPay and WebMoney
Minimum deposit requirement: $100
Bonus and promotions: $30 welcome account
One click trading: yes
Scaling: allowed
Hedging: allowed
Islamic swap free account: available
Tickmill Review : Bonus and Promotions
TRADERS OF THE MONTH
Trade yourself to the top and bask in your glory with a $1,000 prize. Believing that remarkable achievements deserve special acknowledgment, every month we choose the best of the best among our skilled clients and award the top 2 traders with a $1,000 prize each.
Tickmill’s NFP Machine
Test your instincts and get cash. The rules are simpler than ever. During every NFP week, we will choose one instrument and challenge you to guess its price in our MT4 platform at 16:00, exactly 30 minutes after the NFP release. A perfect hit will bring you as much as $500 to your trading account. If no one breaks the bank by an exact figure, the trader with the closest prediction will cash in a $200 prize.
$30 Welcome Account
Experience one of the best trading environments in the industry risk-free with our $30 Welcome Account
Jump-start an exciting trading journey with Tickmill and explore our world-class services with the $30 Welcome Account.
New clients have the opportunity to trade with free trading funds, without having to make a deposit. The Welcome Account is very easy to open and the profit earned is yours to keep.
Tickmill Review : Customer Assistance
Customer support: live chat, email, skype, phone, skype
Tickmill Review : FAQ
Find answers to the most popular questions regarding trading with Tickmill
Will my funds be protected at Tickmill?
Tickmill UK Ltd is authorised and regulated by the Financial Conduct Authority (FCA) and is required to segregate retail client funds from the company’s own funds.
As a member of the Financial Services Compensation Scheme (FSCS) in the UK, all clients of Tickmill UK Ltd are covered in the event of default by Tickmill UK Ltd. Clients are covered up to the value of £50,000.00.
Where is Tickmill regulated?
Tickmill is the trading name of Tickmill UK Ltd which is authorised and regulated by the UK Financial Conduct Authority (FCA).
Tickmill is also the trading name of Tickmill Ltd, regulated by the FSA of Seychelles.
Can I have a demo and live account working at the same time?
Yes. In order to do so, install an MT4 platform in different folders on your computer for each of your trading accounts.
Can I change the balance of my demo account?
Yes. Simply send an email with your demo account number and decided balance to our Support team.
Is broker to broker transfer allowed?
We do not support broker to broker transfer, we only offer our standard payment methods.
What is the minimum deposit?
The minimum deposit for all account types is $25. However, to get a VIP account, you have to reach a balance of minimum $50,000.
How fast do you process my withdrawals?
We process all withdrawal requests within one working day.
What are the limits of setting SL, TP, and TS?
You can set Stop Loss and Take Profit orders with no limits on all account types. SL and TP orders will still be active, even if your computer is switched off. The minimum Trailing Stop level is 1.5 pips or 15 points. It is possible to set only 1 trailing stop per order. You need to have the MT4 platform open to keep the trailing stop active.
Do you offer FIX API connection?
We offer FIX API connection to our large private clients and institutional clients.
Are hedging and scalping allowed?
Hedging is allowed (arbitrage trading). The required margin for hedging positions on Classic, Pro, and VIP accounts is 0. Scalping is also allowed. There are no time limitations for keeping the positions open.
What are the minimum and maximum account leverage you offer?
The minimum leverage is 1:1. The maximum and default leverage is 1:500.
How was the rating of Tickmill performed compared to other brokers?
This 2023 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Tickmill FX broker performance and features. Overall our online Tickmill review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Tickmill or you find inaccurate details Tickmill Capital broker review please get in touch with us and the changes will be applied
