Tickmill Review

In online trading, the right broker can make or break your success. Tickmill stands out among others with its top-notch services and focus on meeting clients’ needs. This review will dive into the company’s trading platforms, account types, fees and commissions, and regulation and safety practices.

Since its start in 2014, Tickmill has become a key player. It’s closely watched by the Financial Conduct Authority (FCA) in the UK, Cyprus Securities and Exchange Commission (CySEC), and others. This shows Tickmill sticks to tight rules, offering a safe and transparent space for clients.

Tickmill boasts a wide variety of trading options. This includes CFDs on Forex, stock indices, and more. It caters to everyone’s needs, from individual traders to big institutions. Its benefits like tight spreads, quick trading, and excellent support help traders do better.

Key Takeaways

• Tickmill is a globally regulated broker, ensuring a secure trading environment
• The broker offers competitive spreads starting from 0.0 pips and fast execution speeds
• Multiple account types cater to the needs of both novice and experienced traders
• Tickmill provides access to a wide range of trading instruments, including Forex, CFDs, and Futures
• The broker’s educational resources and customer support are designed to help traders succeed

Introduction to Tickmill

Since 2014, Tickmill has been a top online broker. It offers great trading services across the globe. The company focuses on top-notch trading conditions and customer service, making them a go-to in the industry. With time, they have grown a lot, proving their value to both regular and big-time traders.

Background and History

Tickmill started with a clear goal: help traders succeed worldwide. The team behind the company knew the financial markets like the back of their hands. They used this knowledge to build a brokerage that cares about its clients deeply. So far, Tickmill has won over 50,000 traders from more than 200 countries because it puts their needs first.

Regulation and Safety

When it comes to safety, Tickmill doesn’t cut corners. They are approved by top financial authorities, including:

• Financial Conduct Authority (FCA) in the UK
• Cyprus Securities and Exchange Commission (CySEC)
• Seychelles Financial Services Authority (FSA)
• Labuan Financial Services Authority (Labuan FSA)
• Financial Sector Conduct Authority (FSCA)

Tickmill doesn’t just stop at getting these approvals. They also keep client funds very safe. Your money is kept separate from the company’s money in trusted banks. This way, if the company ever faces trouble, clients’ funds are not at risk.

By staying true to their focus on safety, care, and excellent trading, Tickmill has become a major player. They promise to keep improving and offering the best trading experience globally.

Account Types and Features

Tickmill has many account types for both new and experienced traders. They offer great spreads, fast order execution, and let traders use different strategies. This means the trading conditions are just right for everyone.

Classic Account

The Classic account is for traders at all levels. It gives you many CFDs to trade, like currency pairs, stock indices, oil, metals, bonds, and crypto. With spreads from 1.6 pips and no commissions, it’s a great way to trade without extra costs. The account also lets you trade fast and use any strategy you like.

Pro Account

For tighter spreads, there’s the Pro account. It offers CFDs on many assets with spreads starting at 0.0 pips. For FX & Metals, there’s a $3 per lot fee each side, but other assets are commission-free. This makes Tickmill a top choice for saving on trading costs.

VIP Account

High-volume traders might prefer the VIP account, which needs a $50,000 balance. The VIP account has very low commissions, making trades cheaper for those who trade a lot. It also comes with special support and benefits tailored to large traders.

Demo Account

If you’re new to trading or want to try strategies without risk, Tickmill’s demo account is perfect. It lets you try their trading conditions, learn real-time trading, and test different tools and strategies. This helps new traders get ready for live trading with skills and confidence.

Trading Platforms

Tickmill gives traders access to several powerful and easy-to-use trading platforms. You can choose from MetaTrader 4 (MT4) for trusted features, MetaTrader 5 (MT5) for advanced tools, or WebTrader for online browser trading. Whatever your style is, Tickmill has a platform for you.

MetaTrader 4 (MT4)

Many traders worldwide love Tickmill MetaTrader 4 for its excellent features. It allows for a fully tailored experience, making your trades smoother. MT4 provides:

• Customization for your unique trading methods
• Charts with advanced analysis tools
• Precise trade order management
• Automatic trades through Expert Advisors (EAs)
• Live market quotes for the latest market info

MetaTrader 5 (MT5)

If you want something more, try Tickmill MetaTrader 5. It includes everything MT4 has and more, like these features:

• A Market tab for easy trade execution
• Advanced programming for robust Expert Advisors
• More chart options and objects for better analysis
• An Economic Calendar to track important market events

WebTrader

If you like trading from your web browser, Tickmill’s WebTrader is perfect. It enables you to:

• Trade directly from any web browser
• See real-time quotes and customizable charts
• Analyze the market with different timeframes
• Use over 30 technical indicators for chart analysis
• Have secure data transmission for peace of mind

With Tickmill, you get tools and features necessary for success in online trading, regardless of the platform you choose.

Tickmill’s Offering of Investments

Tickmill lets traders pick from a wide range of financial tools. They can trade in forex with 62 currency pairs, enjoying small spreads and fast trades. This big selection in forex helps traders build strong portfolios and use their strategies well.

Tickmill also gives the option to trade CFDs in many assets like stock indices, oil, metals, government bonds, and top cryptocurrencies. This way, traders can spread their investments and benefit from market changes without owning the actual assets.

A main benefit of Tickmill is its absence of commissions and requotes on major stock indices and oil trading. This straightforward pricing lets traders focus on their plans without fear of hidden costs. Tickmill combines low spreads, quick trades, and free trading on some assets for an ideal trading space.

At Tickmill, we strive to offer our clients a comprehensive range of trading instruments, empowering them to diversify their portfolios and seize opportunities across various financial markets.

For both new and skilled traders, Tickmill offers a lot to choose from. Whether it’s forex, CFDs, or other assets, Tickmill’s flexible approach and tools are ready. They help traders move confidently through the world of finance.

Commissions and Fees

Tickmill is known for its competitive prices in the forex market. For the EUR/USD pair, the spread is just 0.1 pips. This low spread helps traders earn more by saving on costs.

For those trading crude oil, Tickmill also offers good deals. Spreads are as low as 4 pts on WTI and Brent crude oil.

Tickmill also keeps commission fees low for futures and options. It charges as little as $0.85 for micro contracts. This makes Tickmill a great choice for those watching their trading fees.

For more active traders, the Pro account might be better. It has a $3 commission per lot for forex and metals. But, other types of trading are commission-free.

At Tickmill, we believe in providing our clients with the most competitive pricing possible. Our low spreads and commissions are a testament to our commitment to helping traders succeed in the markets.

Here’s a look at Tickmill’s competitive commissions and fees:

As shown in the table, Tickmill’s fees are very competitive. This makes Tickmill a top choice for traders who want to keep costs down. It shows Tickmill’s goal to offer fair trading for everyone.

Deposits and Withdrawals

Tickmill makes it simple to handle funds for traders through various payment methods. These include credit/debit cards, bank transfers, and e-wallets like Skrill and PayPal. Traders can easily pick what suits them best.

One big plus with Tickmill is they don’t add fees to deposit or withdraw your money. Traders save on costs and keep more of their earnings. All financial moves are bonus, your funds stay safe.

Payment Methods

Tickmill has a large collection of payment options for easy money management. You can use:

• Credit and Debit Cards (Visa, Mastercard)
• Bank Wire Transfer
• Skrill
• Neteller
• SticPay
• FasaPay
• UnionPay
• PayPal
• WebMoney

With plenty of options, traders find what works globally. International traders find this very helpful due to their specific needs.

Processing Times

How fast money moves in and out depends on how you do it. For example, credit/debit card deals start fast. E-wallet transfers through Skrill or Neteller also move quickly, often within a few hours.

However, bank wire transfers take a bit longer. They need time for the banks in between. This means banking operations can take 2-5 business days to wrap up. Remember, third parties may charge their own fees, not Tickmill.

Altogether, Tickmill’s fees-free system and quick processes make trading efficient. Especially with cards and e-wallets, money handling is swift. This lets traders focus on their investments, not the transactions.

Customer Support

Tickmill is all about top-notch customer service. They make sure clients feel secure in the trading world. Their support team is both dedicated and wise, always ready to answer any question or solve a problem quickly.

You can contact Tickmill support in different ways. Pick whichever suits you best. For near-immediate help, live chat on their website is fantastic. It puts traders in touch with a support team member right away. If you prefer writing, you can opt for email support.

Some traders like speaking directly with someone. For them, there’s telephone support at Tickmill. It’s available during working hours. This option gives clients one-on-one help and advice, making their trading smoother.

Tickmill’s customer service stands out for offering help in sixteen languages. They acknowledge that their client base is diverse. This language variety ensures traders’ communication is clear and accessible to all.

• English
• Arabic
• Chinese
• German
• Indonesian
• Italian
• Korean
• Polish
• Portuguese
• Spanish
• Thai
• Turkish
• Vietnamese
• Malay
• Russian
• Filipino

Thanks to this diverse language support, traders across the globe find it easy to talk to Tickmill’s team. It promotes a feeling of belonging and easy access to support.

At Tickmill, we know great customer support matters a lot. That’s why our team speaks many languages and is always here to offer you personal help and advice. We’re with you every step of your trading journey.

Tickmill is deeply committed to making its clients happy. They offer several ways to get in touch for help. This dedication makes them a leader in service quality. No matter your trading level, Tickmill support is here for you. They provide the know-how and assistance to reach your trading dreams.

Tickmill’s Educational Resources

Founded in 2014, Tickmill is a leading online broker that helps clients grow their trading skills. They offer lots of educational tools like webinars, video tutorials, and eBooks. These are for traders at any level, with the aim of teaching more about trading.

Webinars

Tickmill’s webinars help traders learn new things and keep up with the market. They cover everything from basic to advanced trading skills. The webinars are in many languages, making them accessible to traders worldwide.

Video Tutorials

For those who learn by watching, Tickmill has video tutorials. These cover topics like how to use trading platforms and manage risks. They’re great for building a strong trading foundation and getting better over time.

eBooks

Tickmill’s eBooks offer detailed info on trading. They cover a lot, from easy concepts to more advanced strategies. You can download these eBooks from Tickmill’s site to learn at your own pace.

Tickmill wants to help traders succeed with plenty of educational resources. Their platform is easy to use, with low spreads and many trading options. To find out more and start using their resources, visit Tickmill’s website.

Research and Analysis Tools

Tickmill gives traders strong research tools for better trading choices. This includes a deep economic calendar and smart market news and analysis. They help traders get ahead in forex trading’s quick world.

Economic Calendar

Tickmill’s economic calendar is key for traders wanting to stay updated on big market events and releases. It shows upcoming events that might change currency pairs and other investments. Traders can use this to guess market movements and adapt their strategies.

The calendar is easy to use, letting traders sort events by date, currency, and importance. Each event includes a full description, past and future values, and market impact. This helps traders understand each event’s importance for their trades.

Market News and Insights

Tickmill also offers a lot of market news and analysis. Skilled analysts and market experts write about the newest forex market happenings. They cover topics from economic shifts to technical analysis.

All this news and analysis is offered in many languages. This way, traders worldwide can learn in their preferred language. Content comes as articles, videos, and webinars to match different learning styles.

What stands out is the quality of Tickmill’s market news and analysis. The analysts provide in-depth fundamental and technical insights based on their experience. They give practical trading ideas for traders to use.

With Tickmill’s news and analysis, traders get the latest market info and discover new trading chances. This, along with the economic calendar, helps in making informed trading decisions.

Mobile Trading Apps

Tickmill has mobile apps for trading on iOS and Android. This lets traders use their accounts anytime, anywhere. The iOS and Android apps work smoothly. They help traders watch markets, look at charts, and make trades on their phones or tablets.

The Tickmill mobile apps have cool features:

• Real-time quotes and updates
• Charts you can change with many indicators
• Placing and handling trades right from the app
• Seeing your account details and trading history
• Safe login and double-check security for more safety

The iOS and Android apps by Tickmill are simple to use. They’re made to help traders easily move around and do their plans. These apps are updated regularly. This keeps them running great and working with the newest phone and tablet systems.

Tickmill’s mobile trading apps make it easy for traders to be in touch with markets and swap positions, no matter where they are.

You can grab the Tickmill iOS and Android apps for free from the App Store or Google Play. Just log in with your Tickmill account to start trading anywhere, anytime.

Having apps for both iOS and Android, Tickmill gives traders all the tools they need. Even without their computer, they can keep up their trading work.

Algorithmic Trading and EAs

Tickmill offers algorithmic trading. This lets traders automate their strategies with Expert Advisors (EAs) on MetaTrader 4 and MetaTrader 5. EAs are strong tools that let traders use complex rules and manage positions on their own. This makes Tickmill a great choice for those looking at automated trading.

On Tickmill’s MetaTrader platforms, traders can make, test, and better their EAs. They use the built-in strategy tester and advanced charting tools. This lets you make strong algorithmic trading strategies ready for real-time use. You get to take advantage of market chances 24/7.

Tickmill’s support for algorithmic trading through Expert Advisors has been a game-changer for many traders, enabling them to streamline their trading processes and implement sophisticated strategies with ease.

Tickmill brings several benefits for algorithmic trading:

• Works seamlessly with MetaTrader 4 and MetaTrader 5 platforms
• Offers a large choice of trading instruments, including forex, indices, and commodities
• Has low spreads and quick execution, which is great for EAs
• Creates a reliable, safe trading setting with high regulation

No matter if you’re new or experienced in algorithmic trading, Tickmill has you covered. Its easy-to-use platforms, educational resources, and support team are here for you. Tickmill is ready to guide you through the exciting world of algorithmic trading.

Tickmill Review: Pros and Cons

Tickmill is a brokerage started in 2014. It has many good points that attract traders. One of its main strengths is how it offers low costs, with cheap spreads and commissions on its 725 trading options.

It has 61 currency pairs, 18 indices, and more. This range meets the different needs of traders.

Another good thing about Tickmill is its quick trade executions. This means you can open and close trades fast. Tickmill also lets you use automated trading strategies with MetaTrader 4 and 5. People who like to use Expert Advisors will find this feature useful.

Tickmill is regulated by several top authorities. This ensures your money is safe and that trading is fair. Its high Trust Score of 86 out of 99 shows it cares about a safe trading space.

It offers two account kinds, Classic and Raw, with at least $100 to start. The Raw account gives a small spread for the EUR/USD pair and has a $3 commission for every 100,000 units traded. The different account types might not be enough for some traders. They might prefer brokers that offer more options.

Tickmill also has trading apps for iOS and Android devices. These apps have 30 indicators and 15 drawing tools for charts. Although it supports MetaTrader, some traders might miss a unique trading platform from Tickmill.

For research and learning, Tickmill offers a lot. You can find market analysis and insights on their blog, YouTube, and social media. If you want to learn more about what Tickmill offers, read this detailed review.

Overall, Tickmill stands out for its low costs, quick trades, and many trading options. It may not have everything, like more account choices or a unique platform. However, its strong points, like being well regulated and allowing algorithmic trading, make it a good choice for many.

Comparison with Other Brokers

Tickmill is a standout choice when compared to other brokers. It shines with its low-cost structure for trading. It offers very low spreads and commissions, which helps traders save. Spreads begin at 0.0 pips on the Pro account and 1.6 pips on the Classic account. This puts Tickmill at an advantage.

Tickmill provides a range of trading options. You can trade forex, stock indices, and more. This variety means traders can try different markets and strategies. While some competitors match these offerings, Tickmill does so comprehensively, meeting most traders’ needs.

In algorithmic trading support, Tickmill is ahead. It allows Expert Advisors on the MetaTrader 4 and 5 platforms. This lets traders automate their strategies, which is great for advanced traders who prefer automated systems.

While Tickmill excels in pricing, instrument selection, and algorithmic trading support, it is essential to consider other factors when comparing the broker to its alternatives.

Some brokers not adverse to Tickmill might offer more account types. These include micro accounts or specialized accounts that might suit beginners or traders with specific needs. For instance, there are accounts suited for Islamic trading.

Sometimes, your preference for a trading platform can affect your choice. Tickmill uses MetaTrader, but others have their platforms. These could have extra features that might appeal to those who like to customize their trading experience.

Choosing between Tickmill and others depends on what you’re looking for, your trading habits, and needs. Although Tickmill offers great prices, varied instruments, and supports algorithmic trading, it’s wise to assess your needs fully. Look at account types, platforms, regulations, and customer service when picking the right broker for you.

Conclusion

This Tickmill review points out its strong points. It’s regulated by top authorities and offers many trading options. Also, it supports fast trading using algorithms.

Its low costs and quick trades make it good for all traders. They have lots of tools for learning, like webinars and eBooks. Their support team speaks 16 languages, which is great for help.

Not having its own trading platform might not be good for some. But overall, Tickmill is seen as a trusted and secure broker. It’s a top choice for many looking for a solid broker. Just remember, always do your research before making any financial choices. This ensures you pick the best one for you.