Tickmill

Official website Open account

4/10

5/10

$25

MT4

FCA, FSCS

Features

  • Islamic accounts
  • Segregated accounts
  • ECN-accounts
  • Scalping
  • Affiliate program
  • Wide selection of trading instruments

Pros

  • broker regulated by the FCA
  • fast money
  • high speed execution and tight spreads
  • support in English

Cons

  • frequent slippage

Information

Tickmill: Your Gateway to Forex Trading Excellence

Introduction to Tickmill
Since 1994, Tickmill has been a prominent player in the international financial services arena, offering private clients direct access to the Forex currency market. With a wealth of experience in the financial markets, Tickmill has positioned itself as a broker that provides some of the most favorable trading conditions in the industry.

Unique Business Model
Tickmill’s success lies in its unique business model, combining STP (Straight Through Processing), NDD (No Dealing Desk), and DMA (Direct Market Access). This innovative approach ensures maximum transparency in trading, low spreads, freedom from re-quotes, and a robust level of cash security, making it an attractive choice for both beginners and experienced traders alike.

Awards and Recognitions
In 2016, Tickmill earned accolades at the China Forex Expo exhibition, winning titles such as “Best ECN/STP Broker” and “Most Reliable Forex Broker.” These awards are a testament to the broker’s commitment to excellence in the Forex industry.

Tickmill’s Services
Tickmill offers a wide range of services to cater to the diverse needs of traders:

  • Forex Trading: With 62 currency pairs, precious metals, and CFDs on oil and stock indexes, Tickmill provides ample opportunities for traders to diversify their portfolios.

  • Low Minimum Deposit: Start trading with as little as $25, making it accessible for traders with varying capital levels.

  • Competitive Spreads: Tickmill boasts some of the lowest spreads in the industry, starting from 0 pips.

  • Leverage: Enjoy leverage of up to 1:500, allowing you to amplify your trading potential.

  • Diverse Trading Instruments: Choose from over 80 trading instruments to tailor your trading strategy.

  • Instant Execution: Trades are executed swiftly, ensuring you seize market opportunities.

  • Islamic Accounts: Tickmill offers Swap-Free Islamic accounts for those who require them.

  • Multi-Currency Accounts: Open accounts in US dollars, euros, British pounds, and Polish złoty.

  • VIP Conditions: For accounts with a minimum balance of $50,000, Tickmill provides VIP-level benefits.

  • VPS-Server: Gain access to a VPS server for uninterrupted trading.

  • MetaTrader 4: Trade on the renowned MetaTrader 4 platform, suitable for all trading strategies, including scalping, hedging, and arbitrage.

  • Segregated Accounts: Rest easy knowing your funds are held in segregated accounts for enhanced security.

  • No Fees: Tickmill doesn’t charge fees for deposits or withdrawals.

  • Quick Withdrawals: Withdrawals are processed in as little as 1 to 8 days.

  • Contests and Rewards: Participate in weekly contests on demo accounts, and you might just become the most successful trader, earning a $1,000 reward.

  • Partner Program: Explore Tickmill’s partner program for additional opportunities.

Regulation and Security
Tickmill operates under Tickmill Tmill UK Ltd., registered with the “Office of Financial Supervision Seychelles” (FSA) as a dealer (License № SD008). Additionally, their UK division, Tmill UK Limited, is licensed by the FCA (Financial Conduct Authority) with license number 717270. Furthermore, all Tickmill customer accounts are insured for up to £50,000 in the event of bankruptcy, ensuring added protection for traders.

Final Thoughts
In conclusion, Tickmill stands as a reliable and transparent broker with appealing trading conditions. While it is registered in an offshore zone, its affiliation with the FCA makes it a trustworthy choice. However, traders should exercise caution, particularly when selecting the jurisdiction. Opting for Tmill UK Limited ensures essential guarantees in the event of bankruptcy. Additionally, it’s important to remember that Tickmill does not protect traders from negative balances, emphasizing the importance of risk management. Don’t forget to share your feedback and experiences with Tickmill, contributing to the trading community’s knowledge base. Happy trading!

Tickmill