Tickmill – The Best Forex Broker?
Read our Tickmill Forex broker review below...
...Tickmill is a Forex and CFD trading provider offering the best trading conditions for trading. Today, the broker is actively developing as a high-tech ECN broker, providing the entire range of services for online trading in the international foreign exchange market. The broker offers its customers low spreads, fast execution of orders and guarantees complete transparency of relationships with traders.
The Group of specialists has experience in the field of trade since 1994 and is actively involved in the financial markets and also holds licenses for financial services in the UK (FCA), Cyprus (CySEC), South Africa (FSCA) and operates an offshore entity in Seychelles.
Professional customer support
Spreads starting at 0 pips
Very low trading fees
Possible automated trading
No requotes and high liquidity
Limited platform options
No CFDs on individual stocks
No cryptocurrency trading
MetaTrader 5 not available
Does not accept US traders
Tickmill this company belongs to the British company of the same name Tickmill UK Ltd. and has been operating in the global financial markets since 2014. Previously, this company existed under the name Armada. The broker operates from reputable regulators FSA SC, FCA UK, CySEC, LFSA, FSCA. Tickmill is a new brand with extremely low spreads, no requotes at all, STP and ECN, transparency and the latest trading technologies. The broker promotes its brand worldwide from over 120 countries in 14 languages. All transactions are carried out directly through liquidity providers. The largest banks are liquidity providers: JPMorgan, Goldman Sachs, Deutsche Bank, HSBC, Barclays, UBS… Tickmill is constantly striving for innovative improvements and has a high level of security to ensure stable trading. Tickmill is also offering negative balance protection, in the event of a failure or non-payment, traders can receive compensation up to £85,000 from the Financial Services Compensation System (FSCS). Tickmill received the best international awards:
- «The Most Reliable Broker in Europe 2017» by Global Brands Magazine;
- «Best Conditions for Forex Trading 2017» from the UK Forex Awards;
- «Best CFD Broker 2018» by FxDailyInfo.
Tickmill offers three types of trading accounts for trading various assets: Classic, Pro and VIP. Opening a trading account for the first two accounts is $100, and for the last $50,000. The spread provided by the broker is very tight and starts from 0 pips for Pro and VIP accounts and 1.6 pips for Classic. There are also Islamic accounts without swaps, which is a good addition that allows even more traders to use their services. Any trading strategy can be used on all accounts, including scalping, hedging and a maximum leverage of 1:500. Each trader can create a free demo account to test trading conditions. On the Tickmill website, you can look at all the conditions and decide whether to trade with this broker or not.
Tickmill only has the MetaTrader4 platform and its Web version. It is the most famous platform worldwide for both private traders and professionals. The web platform can be opened directly in a browser window without installing it on a PC. You can also copy trades of successful traders using the Autotrade system owned by Myfxbook. Tickmill offers major currency pairs, commodities, global indices such as DAX, NASDAQ, EURO STOXX 50, FTSE 100, S&P 500, as well as metals and bonds.
Tickmill offers many different payment methods for transactions, among which are: Skrill, Neteller, Unionpay, Bank Transfer, Credit Cards, SticPay, NganLuong, Webmoney and others. The deposit and withdrawal procedure takes 1-3 business days and the withdrawal fee is not charged if you replenish your account from $5000. The minimum withdrawal amount is $25. Traders can open accounts in: US Dollar, Euro, British Pound, Polish Zloty. All transactions when transferring funds are carried out from the secure client area Tickmill.
Online chat and email are available on the site, as well as phone numbers for a call back. Languages are available in Indonesian English, Chinese, Russian, Spanish. Support is also available on social media: Facebook, Twitter, LinkedIn, YouTube and Instagram. The support system of this broker is very good and simple.
Tickmill is a high-tech and reliable Forex broker, suitable for both beginners and professionals. The broker will actively introduce activities in Asia, the Middle East and Africa. As a global broker with international awards, Tickmill regularly hosts educational seminars around the world. In addition, the company strives to achieve its goals quickly and efficiently. The broker is created by experienced professionals who have extensive experience in the financial markets and a deep understanding of client’s needs to succeed. The support team is fast and will answer any questions you may have.
Tickmill FAQ on the broker
1 Is Tickmill a regulated broker?
Yes, Tickmill is regulated by FSA SC, FCA, CySEC, LFSA, FSCA in United Kingdom and others.
2 What trading platforms does Tickmill offer?
Tickmill offers the full suite of MT4, Web, Mobile.
3 What is Tickmill maximum leverage?
Maximum leverage at Tickmill is 1:500.
4 What methods can I use to deposit and withdraw funds on Tickmill?
Deposits and withdrawals with this broker can be done using these methods: Maestro, Visa, Mastercard, Bank Transfer, Neteller, Skrill, WebMoney, PayPal, Qiwi, FasaPay, UnionPay, DotPay, SticPay, NganLuong.
5 What is the spread of the Tickmill broker?
The spread for this broker is on average Tickmill is 0.0 - 1.6 pips.
6 What’s the minimum deposit to open a Live account at Tickmill?
The minimum deposit to open a Live account is 100 USD.
7 What cryptocurrencies are available at Tickmill?
Sorry, but this broker does not support cryptocurrency trading.
8 In what currency can I open an account with Tickmill?
With this brokers you can open an account in currencies: USD, EUR, GBP, PLN.
9 What Trading Instruments are available at Tickmill?
On Tickmill, you can trade financial instruments such as: Forex, CFDs, Stock, Indices, Metals, Commodities, Bonds.