Tickmill Review
Tickmill Review
Tickmill is a new broker that has been around 2014. The company strives to offer its clients the best trading experience possible, while also understanding traders’ rights as the major part of the trade.
Indeed, Tickmill has been quickly growing and achieving impressive yearly achievements recently. Recently management responsibilities have expanded since an additional branch in the “Tickmill family” was added in the name of TickMill Europe Ltd (ex Vipro Markets Ltd.)
Tickmill Pros and Cons
Tickmill forex is one of the most reputable brokers on the market with good trading conditions and a globally recognized reputation. Tickmill forex has an excellent learning center and great EA trading resources, but there are not 24/7 support available. Additionally, spreads are higher than in other brokers for Forex trades.
Awards
Tickmill is a new broker that has grown rapidly in only a few years and already been recognized by industry publications. This is great for building successful portfolios! Tickmill also runs interesting promotions to boost trading and help even beginning traders grow their accounts.
Is Tickmill safe or a scam
Tickmill forex Broker is not a scam, but rather a secure broker with good reputation and low risk Forex and CFD trading environment.
Is Tickmill legit?
Tickmill is a regulated broker in multiple jurisdictions and considered to be safe for trading. Tickmill Trading Limited, an entity of TickMill UK Ltd and TickMill Ltd Seychelles regulated as a Securities Dealer.
The broker authorized and regulated by two major UK Financial Conduct Authority (FCA) entities (the FCA of the United Kingdom) plus the Financial Services Authority of Seychelles, hence including strict regulations. Besides this, they now have expanded into Asian markets with their establishment in Taiwan which will cover all proposals there while being regulated by CySEC- Cyprus Securities Exchange Commission
Customer Protection
Tickmill secures clients’ transactions by keeping their funds in segregated accounts with trusted financial institutions, following FCA regulations. In addition, Tickmill’s customers are covered by the FSA up to £50k.
Tickmill Leverage
As the UK and European regulated broker, Tickmill follows strict guidelines set by ESMA. The latest update from the EU regulator has set limitations about maximum offered leverage levels, as they recognize there is a potential risk in case very high leverages are used.
Clients of Tickmill Europe may use up to 1:30 leverage for Forex products, 1:5 leverage for CFDs, and 1:10 leverage for commodities.
International traders since they serve entities through Seychelles and other jurisdictions so clients with opened accounts under this jurisdiction can enjoy higher Tickmill leverage than those who trade elsewhere.
Tickmill Account types
There are three tickmill account types. You can choose either account based on the Tickmill spread only Classic Account or with commission per trade Pro Account. The third account is designed for high-volume traders and is named VIP Account, tailored to their needs and conditions as agreed upon by both parties involved.
Additionally, Islamic Accounts or Swap-Free Accounts have been added to the broker features recently too; these accounts comply with Sharia law which has exactly the same trading terms but there’s no swap interest on overnight positions – this against religion rules according to faith beliefs/conditions.
Fees
Different account types will have different prices and different commission charges. All of the conditions are always in accordance with regulations that authority imposes and what broker requires to do. This is why it’s so important to verify specific conditions before anything else because they can vary according to type of account you have chosen.
Tickmill Spread
There are different price modes for accounts depending on what type of account it is. Account-specific information also varies depending on the regulatory rules authority imposes and broker obliges to, so make sure you verify specific conditions too! A brief overview of spreads and commission charges that can vary by account type:
Trading Instruments
Tickmill Europe Ltd is licensed and able to provide investment services of Agency Only Execution which deliver high-grade trading instruments, 62 currency pairs with an opportunity to trade CFD on Bitcoin. Stock indices, bonds, CFDs and precious metals are also available with a minimum deposit requirement of only 25$, fluctuating spreads from 0 pips.
The commissions can be as low as 0% for deposits below 500 million JPY or 1% for deposits above that threshold. No requotes happen when there is a lack of liquidity in the market even if it means you’d pay more than expected during your trades; delays or interventions are not allowed under any circumstance?
Tickmill Deposits and Withdrawals
Brokers can deposit or withdraw funds through different methods, such as cash, wire transfer, or debit card.
Deposit Options
You can choose from a variety of popular payment options when you trade with Tickmill Ltd. These include UnionPay, dotpay, and NganLuong. vn (only for clients of Tickmill Ltd Seychelles). It also includes E-wallets Neteller, fasapay, and credit/debit cards as well as Bank Transfers in USD, EUR, or GBP currencies.
What is the Tickmill Minimum Deposit?
The Tickmill minimum deposit is 100$, which is a great opportunity for traders of all sizes, including those who have very little to put down. For example, withdrawals are set at 10$ per withdrawal.
Withdrawals
Tickmill withdrawals, deposits or requests are submitted through your online account area. While Tickmill processes withdrawals within 1-2 business days as per regulatory obligations. Tickmill Broker has a zero fee policy for all transactions of up to 100$. All deposit from 5,000$ also including the same zero fee policy and any fees up to 100$ will be covered by us.
Trading Platforms
Tickmill broker that offers traders use of the well-tested and trusted tickmill MT4 trading platforms on desktop or tablet, as well as their web browser. It also provides mobile support for smartphones. Tickmill Broker also puts an emphasis on features like stop and limit orders close to market prices, which is another good point in its proposal.
Web Platform
Web platforms are very useful for any size of trade, because they don’t require installation, but you can access them right from your browser. Yet, this platform is more limited with tools and drawing instruments so to make a full analysis you would need the desktop version.
Customer Support
You should also take into account customer support, where Tickmill shows a pro team available around the clock and supporting international languages accessible via live chat, email, and phone lines in various regions including UK-based.
Customer service isn’t available weekends though so you can leave your request via contact form to be advised.
Education
Tickmill’s proposal and offering also includes a professional trading blog where traders will find recent updates, various educational materials, and educational programs that are designed to develop skills. There is an established learning center in Tickmill as well as webinars. A trader community of individuals who share the same goal of bettering their lives through trade is available on Tickmill with regular seminars being held for this purpose too.
Conclusion – Tickmill Review
Tickmill’s main attractive features for clients are their low minimum deposit, technical solutions, and a great range of instruments. The company also promotes best forex broker trading using interesting promotional campaigns from time to time. In addition to that, they strive in achieving targets quickly while posing Tickmill as a high-tech and trustworthy broker with an emphasis on achieving objectives effectively.
