Broker Details
- Company Name: Tickmill Ltd
- Broker Name: Tickmill
- Broker Type: ECN/STP
- Regulation: FCA (UK), CySEC (Cyprus)
- Established: 2014
- Address: 1 Fore Street London EC2Y 9DT, United Kingdom
- Phone Number: +44 20 3198 0950
- Email: support@tickmill.com
- Homepage: www.tickmill.com
Tickmill is a well-established online forex and CFD broker known for offering competitive trading conditions. Founded in 2014, the company provides a robust trading environment to traders globally. Tickmill’s reputation is built on its commitment to transparency, low spreads, and a variety of trading platforms. The broker operates under various financial regulations, ensuring that its services are safe and trustworthy. With multiple account types and a broad range of instruments, Tickmill aims to meet the needs of both beginner and experienced traders.
Trading Account Specifications
- Leverage: Up to 1:500 (Retail), Professional Clients up to 1:500
- Minimum Deposit: $100
- Account Currencies: USD, EUR, GBP, PLN, CHF
- Available Instruments: 60+ currency pairs, commodities, indices, stocks, cryptocurrencies
- Payment Methods: Skrill, Neteller, PayPal, Bank Transfer, Credit/Debit Cards
- Spread Type: Fixed and Variable (depending on account type)
- Trading Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader
- Supported Languages: English, German, Russian, Arabic, Chinese, and more
Account Types
| Account Type | Deposit | Spread | Leverage | Commission |
| Classic Account | $100 | From 1.6 pips | 1:30 (Retail), 1:500 (Pro) | No commission |
| Raw Account | $100 | From 0.0 pips | 1:30 (Retail), 1:500 (Pro) | $2 per lot per side |
Key Features
- Low Spread: Tickmill offers some of the tightest spreads in the industry, starting from 0.0 pips on the Raw account.
- Multiple Platforms: MT4, MT5, and WebTrader allow traders to access their accounts on any device.
- Risk Management Tools: Includes a range of advanced trading tools and risk management features.
- No Deposit Fees: Tickmill does not charge any fees on deposits or withdrawals.
- Fund Protection: Tickmill provides an insurance policy covering up to $1,000,000 for clients’ funds.
Bonuses and Promotions
- Welcome Bonus: Tickmill offers new clients the opportunity to take advantage of various promotional offers from time to time.
- Referral Program: Traders can refer friends to receive bonuses.
Review Summary: Pros and Cons
Pros:
- Low Spreads: Particularly beneficial for scalpers and day traders.
- Flexible Leverage: High leverage options for professional clients.
- Regulated: Fully regulated under FCA and CySEC, ensuring safety and compliance.
- Multiple Platforms: Traders can choose from MT4, MT5, or WebTrader.
Cons:
- Limited Research Tools: While the broker provides educational materials, the research tools are not as extensive as some competitors.
- Inactivity Fee: Accounts with no activity for 12 months may incur a fee.
Frequently Asked Questions (FAQ) Tickmill
What is the minimum deposit to open an account with Tickmill?
The minimum deposit is $100.
What trading platforms does Tickmill offer?
Tickmill offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and WebTrader.
Is Tickmill regulated?
Yes, Tickmill is regulated by the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC).
What is the maximum leverage offered by Tickmill?
Tickmill offers leverage of up to 1:500 for professional clients and up to 1:30 for retail clients.