TickMill Overview
| Attribute | Details |
|---|---|
| Year Founded | 2014 |
| Regulatory Authority | FCA, CySEC, FSA, FSCA |
| Segregated Client Funds | ✅ |
| Spreads | Raw Account from 0.0 pips, Classic Account from 0.6 pips |
| Leverage | Up to 1:1000 |
| Execution Type | Market Execution |
| Hedging Allowed | ✅ |
| Scalping Allowed | ✅ |
| Negative Balance Protection | ✅ |
| Trading Platforms | MT4, MT5, TickMill Trader |
| Copy Trading Available | ✅ |
| Minimum Deposit | $100 |
| Account Types | Classic Account, Raw Account, TickMill Trader Raw |
| Islamic (Swap-Free) Accounts | ✅ |
| Demo Account | ✅ |
| Forex Pairs | Major, Minor, Exotics |
| Stock CFDs | ✅ |
| Crypto CFDs | ✅ |
| Commodities CFDs | ✅ |
| Indices CFDs | ✅ |
| Deposit & Withdrawal Fees | No fees charged by TickMill (third-party fees may apply) |
| Support Availability | 24/5 |
| Support Channels | Live Chat, Email, Phone |
| No-Deposit Bonus | ✅ |
| Deposit Bonuses | ❌ |
| US Traders Accepted | ❌ |
| Partners Program | ✅ |
Tickmill Review: Is This Broker Worth Your Time and Money?
Introduction
Choosing the right broker is one of the most important decisions traders make, and with so many options available, it can be overwhelming. That’s why we’ve created this Tickmill review, so you can get a detailed look at everything this broker has to offer. Whether you’re a beginner looking for an easy-to-use platform or an experienced trader seeking the lowest spreads and commissions, Tickmill might just be the broker for you. But before you jump in, let’s go over all the crucial details to ensure you make an informed decision.
What Is Tickmill?
Founded in 2014, Tickmill has grown into a well-known brokerage firm, providing access to a diverse range of financial instruments. The broker offers Forex, commodities, indices, bonds, cryptocurrencies, and stocks, catering to traders of all experience levels. With its emphasis on low-cost trading, fast execution, and strict regulation, Tickmill has positioned itself as a strong competitor in the online trading space.
Is Tickmill a Regulated Broker?
Regulation is a key factor when choosing a broker, and Tickmill has taken solid steps to ensure compliance with global financial authorities. Here’s where they’re regulated:
Tickmill UK Ltd
– Authorized by the Financial Conduct Authority (FCA) in the UK
Tickmill Europe Ltd –
Regulated by the Cyprus Securities and Exchange Commission (CySEC)
Tickmill Ltd Seychelles
– Overseen by the Financial Services Authority (FSA) of Seychelles
Tickmill South Africa (Pty) Ltd
– Licensed by the Financial Sector Conduct Authority (FSCA) of South Africa
This multi-regulatory framework ensures that Tickmill follows strict financial standards, prioritizing client security and transparency. For traders, this adds an extra layer of confidence, knowing their funds are held in segregated accounts and protected under various financial safeguards.
Account Types and Features
Tickmill offers several account types, making it easier for traders to find a setup that suits their trading style. Let’s take a closer look at each one:
1. Classic Account
- Minimum Deposit: $100
- Spreads: Starting from 1.6 pips
- Commission: None
- Leverage: Up to 1:1000 (varies by location)
- Base Currencies: USD, EUR, GBP, ZAR
Perfect for beginners who prefer a simple, commission-free trading experience.
2. Raw Account
- Minimum Deposit: $100
- Spreads: As low as 0.0 pips
- Commission: $2 per side per 100,000 traded
- Leverage: Up to 1:1000 (varies by location)
- Base Currencies: USD, EUR, GBP, ZAR
Ideal for traders who want ultra-low spreads and don’t mind paying a small commission
3. Tickmill Trader Raw Account
- Minimum Deposit: $100
- Spreads: Starting from 0.0 pips
- Commission: $2 per side per 100,000 traded
- Leverage: Up to 1:1000 (varies by location)
- Base Currency: USD
Designed for mobile traders who use the Tickmill Trader app, this account offers the same benefits as the Raw Account but is optimized for mobile trading.
4. Islamic Account
Tickmill also offers swap-free Islamic accounts, which are fully compliant with Sharia law. Traders who require interest-free trading can benefit from this account while still enjoying Tickmill’s competitive pricing.
Trading Platforms Available
Tickmill provides access to some of the most widely used trading platforms, ensuring a smooth and efficient trading experience.
1. MetaTrader 4 (MT4)
- Advanced charting tools
- Multiple timeframes
- Customizable indicators
- Expert Advisors (EAs) for automated trading
- Available on desktop, web, and mobile
2. MetaTrader 5 (MT5)
- More order types compared to MT4
- Built-in economic calendar
- Faster execution speeds
- Improved charting tools
- Supports desktop, web, and mobile
3. Tickmill Trader App
- User-friendly interface
- Live market data
- Fast execution
- Optimized for mobile trading
With these platforms, traders have the flexibility to execute trades efficiently, whether on a computer or mobile device.
Available Trading Instruments
Tickmill provides a broad range of financial instruments, giving traders plenty of opportunities to diversify their portfolios:
- Forex – Over 60 currency pairs with leverage up to 1:1000 (varies by location)
- Stock Indices – More than 15 global indices with competitive spreads
- Commodities – Includes gold, silver, and crude oil
- Bonds – German government bonds available for trading
- Cryptocurrencies – Trade Bitcoin, Ethereum, and more with leverage up to 1:200 (varies by location)
- Stocks & ETFs – Over 500 stocks and ETFs with zero commissions
Fees and Commissions
Tickmill is well-known for its low-cost trading environment, making it one of the most cost-effective brokers available.
- Spreads: Start from 0.0 pips on Raw accounts
- Commissions: $2 per side per 100,000 traded
- Swaps: Overnight positions may incur swap charges
Deposit and Withdrawal Methods
Tickmill offers a range of convenient deposit and withdrawal options with zero deposit fees:
- Bank Transfer
- Credit/Debit Cards
- E-Wallets (Skrill, Neteller, FasaPay, UnionPay)
- Cryptocurrency Payments
Withdrawals are processed quickly, typically within one business day, depending on the method used.
Customer Support
Tickmill provides excellent customer support through multiple channels:
- Live Chat – Available on the website
- Email Support – Contact via [email protected]
- Phone Support – Available during business hours
The support team is responsive and knowledgeable, ensuring traders receive assistance whenever needed.
Final Thoughts: Is Tickmill the Right Broker for You?
This Tickmill review highlights why the broker has gained popularity among traders worldwide. With tight spreads, low commissions, strong regulation, and a variety of trading instruments, it’s clear that Tickmill offers a compelling trading experience. The availability of different account types, advanced trading platforms, and secure deposit/withdrawal methods make it a solid choice for both beginner and professional traders.
If you’re looking for a reliable, cost-effective, and regulated broker, Tickmill might just be the perfect fit for your trading needs. However, as with any trading decision, make sure to do your own research and assess whether it aligns with your strategy. Happy trading!