Tivkmill

My list of forex bonuses

Tickmill have applied close only mode on WTI, and since I have 3 long positions I am not able to close my positions with significant profit of 26 000$, and trader can not open new long positions on that absurd, fake, low price they offer because it is only close only mode applied. I would have no problems with their close only mode if they offer true WTI CFD price, instrument I was trading with. Their excuse is that they follow movement of december 2020 futures price, which is also invalid since price for december futures is over 30$ for barrel, and also price movement is completely different. They refuse to pay my winnings after weeks of annoying conversations and invalid arguments they try to provide. I am experienced trader who has account with over 10 brokers, and what they say is completely absurd and not acceptable! Difference in their price from true price is almost 300%, no LP can justify that. There is only one true WTI CFD price and it is between 26$ and 27$ for barrel at the moment I am writing this review. I strongly advise everyone to stay away from tickmill. This is SCAM company and I kindly ask forexpeacearmy to mark this company with SCAM label and their ratings erased to 0.

Tickmill review

Tickmill is forex broker. Tickmill offers the MT4 and MT4 webtrader trading currency platforms. Tickmill.Com offers over 60 currency pairs, gold, sliver, bonds and cfds for your personal investment and trading options.

Broker details

established:	2015
address:	3, F28-F29 eden plaza, eden island, mahe, seychelles
contact:	support@tickmill.Com, +852 5808 2921
regional offices:
regulators:	cysec #278/15, FSA-S #SD 008, FCA #717270
prohibited countries:

deposit methods:

bank wire, VISA, mastercard, fasapay, globe pay, local bank transfers, neteller, ngan luong, qiwi, skrill, sticpay, unionpay

withdrawal methods:

bank wire, VISA, mastercard, fasapay, globe pay, local bank transfers, neteller, ngan luong, qiwi, skrill, sticpay, unionpay

Live discussion

Join live discussion of tickmill.Com on our forum

Tickmill.Com profile provided by tickmill, nov 10, 2016

Tickmill is an award-winning global ECN broker, authorized and regulated by the FCA of the united kingdom and the FSA of seychelles. Tickmill offers its retail and institutional clients various trading services with a prime focus on forex, stock indices, commodities, cfds and precious metals. The company has distinguished itself among global ECN forex brokers by providing excellent services with low spreads, some of the industry’s lowest ECN commissions and ultra-fast execution with the state-of-the-art london trading servers located at equinix LD4 data center. Our team members have trading experience that goes back to 1989 and we have successfully traded all major financial markets from asia to north america.

In june 2016, tickmill recorded a monthly trading volume of $49.1 billion, followed by a record-high trading volume of $51.7 billion in july, which makes it one of the largest retail forex brokers in the world.

Video

Let other traders know if this service is worth checking or should be avoided.

Traders reviews

Length of use: over 1 year

I have been with tickmill over 5 years and they are my experience with them is excellent.
They provide direct market trading with minimal commission and almost no slippage.

Deposits and withdrawals are fast if using skrill or neteller even faster.

They do have a client outreach and communicate with you occasionally on promotions or events they hold.

I have had no qualms' with them at all.

Commendable and one of the best. Keep up the good work.

Length of use: over 1 year

Tickmill threatens with legal action against me because I expose truth on social media how they refuse to pay me my funds, $35 966! Funds are not paid for more then 6 months already, and they now even threaten with legal action against me. I fight this SCAM company hard with regulators and I am going also to bring my case on court. This unjustice and fraudulent behavior must be stopped!

I strongly advise everyone to stay away from tickmill. This is SCAM company and I kindly ask forexpeacearmy to mark this company with SCAM label and their ratings erased to 0.

Aug 17, 2020 - 1 star this is SCAM company and it should be put where it belongs, to SCAM brokers. Their ratings erased.

Their price at the moment is on 24.10 $. Also straight forward crippled price action. While at same time december futures 2020 contract price which they claim they follow is on 43.22 $ with very much visible dips during upside movement. Something which we do not see in tickmill's price action!

For situation to be even worse, they charge insane swap for long positions of more then 14 points! Total SCAM! This must be punished!

Tickmill continues their fraudulent activity by offering imaginary, fake, and wrong spot WTI price. Price which has nothing to do with reality, or with any futures contract price. Random number they transmit.

I am in close contact with FSA regulator which works on my case, and hopefully this week there will be some real progress regarding my case, and my funds paid in full.

Tickmill must pay me funds they owe me, $35 966 must be paid to my trading account # 3033967.

For more information about my case, you can follow it here: scam - scam alerts - tickmill SCAM! Offers invalid WTI price in close only mode, wrong price execution for all bigger trades.

May 11, 2020 - 1 star I am going to describe 2 problems I ran into with tickmill. My trading account # 3033967.

First and main problem is fake and imaginary WTI CFD price they offer in the moment. Their price currently is at 9.64$ for barrel, while true WTI CFD price is 26$ for barrel, it can be checked with any other broker, or simply by looking at CME futures prices for WTI, all contracts are above 25$ for barrel. Tickmill have applied close only mode on WTI, and since I have 3 long positions I am not able to close my positions with significant profit of 26 000$, and trader can not open new long positions on that absurd, fake, low price they offer because it is only close only mode applied. I would have no problems with their close only mode if they offer true WTI CFD price, instrument I was trading with. Their excuse is that they follow movement of december 2020 futures price, which is also invalid since price for december futures is over 30$ for barrel, and also price movement is completely different. They refuse to pay my winnings after weeks of annoying conversations and invalid arguments they try to provide. I am experienced trader who has account with over 10 brokers, and what they say is completely absurd and not acceptable! Difference in their price from true price is almost 300%, no LP can justify that. There is only one true WTI CFD price and it is between 26$ and 27$ for barrel at the moment I am writing this review.

Second problem I encountered with wrong price execution for trades bigger then 1 lot size. This applies for all FX pairs and metals. Order is executed on price NOT SHOWN in MT4, but on price worse for client by 1-2 points. This happens every time, for manually opened positions and pending positions. They stole from me on over 500 trades these 1-2 point. It is not slippage, it is wrong price execution! I brought this issue also to them, and gave them chance to refund what they were stealing from me for years, but they refused with no true explanation provided, only fake arguments which has nothing to do with reality. Experienced trader like me can not be fooled or tricked like that.

I am going to continue to fight with them with these two problems and claim my funds via court if necessary if they continue to refuse to pay what they owe me.

Everyone can feel free to contact me directly here on FPA if further details about tickmill are wanted.

Reply by tickmill submitted may 15, 2020 hi deltoid88,

We have provided all necessary clarifications and have assisted with detailed explanation in regards to your trades.

If you have any additional concerns, you can reach out to our support team.

Tickmill review

Is tickmill safe?

Trading conditions

Account types

Spreads and commissions

Deposit and withdrawal fees

Tickmill for beginners

Educational material

Analysis material

Trading platforms

Trading tools

Mobile trading apps

Evaluation method

Tickmill risk statement

Overview

Summary

Built by traders, for traders, tickmill offers low spreads and commission on both ECN and traditional accounts. All accounts feature ultra-fast STP execution (0.15s on average and no requotes) and support for the MT4 platform with all strategies allowed.

Regulated by the FCA in the UK, cysec in europe, and the seychelles FSA internationally вђ“ and a regular winner of trade execution and trading conditions awards вђ“ tickmill also offers 80+ instruments to trade alongside dedicated multi-lingual support and negative balance protection.

Reviews

Account information

Trading conditions

Company details

Deposit & withdrawal methods

Supported platforms for tickmill

Is tickmill safe?

Tickmill ltd is regulated by the seychelles FSA (license: SD 008) and has been regulated by the FCA (license: 717270) since 2016. Cysec has regulated the european entity, tickmill europe ltd (license: 278/15) since 2015.

Tickmillвђ™s quality and popularity amongst traders have been noticed and rewarded by its industry peers; in recent years the company has won awards for best CFD broker asia 2019 (international business magazine), best forex CFD provider 2019 (online personal wealth awards), best forex execution broker 2018 (UK forex awards)В andв best forex trading conditions 2017В (UK forex awards).

More importantly for potential customers, tickmill were recipients of the most trusted broker 2017 (global brands magazine) for a continual focus on keeping pricing competitive and maintaining a fair trading environment.

Trading conditions

All accounts at tickmill offer STP market executed trades in 0.1 seconds on 62 currency pairs in addition to cfds on stock indices, metals, and bonds, without any dealing desk interference. Tickmill does not offer cryptocurrency cfds.

The margin call and stop-out percentage differ for the retail and professional versions of the accounts where the margin call to stop-out for retail clients is 100% to 50%, and professional is 100% to 30%.

Clients can choose between four wallet currencies вђ“ USD, EUR, GBP, and PLN.

Account types

Tickmill offers three different live accounts in addition to the demo account. While trading conditions improve with the account type, the main differentiating factor is the initial deposit required.

Demo account вђ“ A demo account is available for new traders and will remain open until there is no login for seven consecutive days.

Classic account вђ“ this entry-level account requires a minimum deposit of 100 USD, and, like all tickmill accounts, offers a swap-free islamic account option. The spreads start at 1.6 pips and maximum leverage is 1:500 вђ“ note that this is the only account that uses wider spreads instead of charging a commission on each trade.

Pro account вђ“ this account, also with a swap-free islamic option, requires a 100 USD minimum deposit and is the entry-level account for professional traders. Tighter spreads are available in exchange for a commission of 2 USD per side per 100,000 (a standard lot) traded. This commission pricing and structure is an industry-standard and is in line with what other STP brokers offer clients for the same services.

VIP account вђ“ this account, with the same swap-free islamic option, is for high volume professional traders and requires a 50,000 USD minimum deposit. The commission is reduced to 1 USD per side per 100,000 (a standard lot) traded which makes trading even more profitable. This is a very competitive professional account and offers excellent trading conditions.

Spreads and commissions

The minimum spread on the classic account is 1.6 pips with zero commission. The minimum spread on the pro and VIP accounts is 0.0 pips with a commission of 2 USD per side per standard lot trade and 1 USD per side per standard lot traded, respectively.

Deposit and withdrawal fees

Tickmill takes deposits through a variety of global and local methods, under a zero fees policy. They include:

Visa/mastercard

Bank transfer

Neteller/skrill

STICPAY

Fasapay

Unionpay

Nganluong.Vn

QIWI

Webmoney

The zero fees policy means that tickmill will reimburse traders for any fees charged up to 100 USD. If you were charged, submit a copy of the bank statement showing the charge, and the amount will be credited. Should the trading account become inactive, tickmill reserves the right to start reimbursing transfer fees.

Tickmill for beginners

Tickmill does not have a traditional introductory course, but they do publish webinars and seminars to help new traders get their footing. They have also made available a detailed ebook which many new traders will find useful. Additionally, while the analysis blog and tradingview analysis tools do not explain the basics of trading, they do offer new perspectives on currency markets.

Educational material

For new traders, tickmillвђ™s main resource is its downloadable ebook, but the webinars and seminars are also of great assistance.

The 46-page ebook, titled the majors вђ“ insights & strategies, is well illustrated and a suitable replacement for an online course for beginners. The ebook covers forex trading basics and how forex trading works, an introduction to the major currency pairs, trading strategies and the major types of forex analysis. The ebook ends with a section of top tips which will give traders more confidence in their decisions.

Webinars are run in four languages (english, arabic, italian and german), and all previous webinars are available in an archive. The webinar subjects vary from more fundamental concepts like news trading strategies to technical analysis and chart theories like standard elliot wave models.

Tickmill has a schedule of free seminars around the world, which introduce traders to new areas of learning and also allows clients to meet brokers in person and create relationships.

Analysis material

The tickmill research team runs a regular blog which covers topics that relate to both fundamental and technical analysis. Research often covers different currency pairs and encourages traders to learn about market-moving events outside of conventional news sources.

The blog is open to all readers and tickmill allows traders to contact the author with questions about their article. This is unique among brokers, who typically shy away from one-to-one contact with traders when it comes to discussing specific investments.

Tickmill is also active on their tradingview pro account where analysts are continually marking up charts. Even if traders are not going to take advantage of these trading opportunities, they are a great way to learn technical analysis from the pros.

Trading platforms

Tickmill supports metatrader4 (MT4) and the associated web and mobile applications. MT4 is the industry leader and the most common trading platform for CFD traders.

There are many advantages of signing up with an MT4 broker and using MT4 for trading:

The MT4 community is vast, as is the amount of the text and video resources to support both new and experienced traders.

The MT4 EA (expert advisor) community of developers is very active, so renting or buying algorithmic trading software is very easy.

MT4 has very low system requirements, so a new device or computer is not necessary to get started.

Trading tools

Tickmill also provides a number of useful trading tools.

Autochartist is a third-party automated chart analysis tool which scans the markets for volatility and notifies traders of relevant trading opportunities. Since it integrates into MT4, information is available inside the trading view and adds little complication to the platform while providing additional analysis. Autochartist is a common technical analysis tool among traders, so training videos are easy to find online. Tickmill offers autochartist free of charge to all live accounts and the demo account on a delay of five candlesticks.

Another common third-party trading tool available on tickmill is myfxbook autotrade, which is a cross-broker social trading platform that allows for copy trading without the need for additional software.

Channel down on US dollar south african rand

The one-click trading MT4 expert advisor (EA) is designed to make common trading mechanisms more accessible, which facilitates trading and removes unnecessary navigation between windows and charts. This EA does not overly simplify MT4, but it does make trading on the platform less complicated.

Tickmill VPS has partnered with beeksfx to provide discounted VPS services to clients. While many brokers will include VPS as a free service for active traders, VPS has chosen to partner with a leading 3rd party provider and asks clients to take on the additional cost.

Mobile trading apps

Metatrader4 (MT4) is also available on IOS, android and windows mobile phone and tablets. The app will connect to the same account as the desktop software, keeping the trading experience synchronised, and traders mobile.

Evaluation method

We value transparency and openness in the way we review the partners. To bring transparency to the forefront, we have published our review process that includes a detailed breakdown of the tickmill offering. Central to that process is the evaluation of the reliability of the broker, the platform offering of the broker and the trading conditions offered to clients, which are summarised in this review. Each one of these is graded, and an overall score is calculated and assigned to the broker.

Tickmill risk statement

Trading forex is risky, and each broker is required to detail how risky the trading of forex cfds is to clients. Tickmill would like you to know that: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading cfds with tickmill ltd.

Overview

Tickmill is an award-winning and trustworthy STP broker that relies heavily on industry-standard platforms to enable fast execution. With a strong education section, additional premium tools offered to traders for no extra cost, and good trading conditions, tickmill should be a top choice in forex brokerage.

Contact us

Got any questions? Let us know how we can help.

Get in touch

Sales line:

Client support:

Office:

Client support hours:

Mon-fri 7:00 - 16:00 GMT during daylight saving time

Registered address:

3, F28-F29 eden plaza, eden island, mahe, seychelles

Regulation:

Financial services authority (FSA seychelles) | licence no. SD 008

Registration number:

Company registration no. 8414279-1

Email:

[email protected] - get a response within 24 hours on business days

Client support:

Client support hours:

Registered address:

Office no. 5, unit 25,1st floor paragon labuan, jalan tun mustapha, 87007 labuan F.T., malaysia

Regulation:

Financial services authority of labuan malaysia | licence no. MB/18/0028

Registration number:

Company registration no. LL14858

Email:

[email protected] - get a response within 24 hours on business days

Still have questions? Find most of the answers in our FAQ section

TRADING INSTRUMENTS

TRADING CONDITIONS

Forex & cfds

TRADING ACCOUNTS

PLATFORMS

EDUCATION

TOOLS

PARTNERSHIPS

PROMOTIONS

ABOUT US

SUPPORT

Tickmill is the trading name of tickmill group of companies.

Tickmill.Com is owned and operated within the tickmill group of companies. Tickmill group consists of tickmill UK ltd, regulated by the financial conduct authority (registered office: 3rd floor, 27 - 32 old jewry, london EC2R 8DQ, england), tickmill europe ltd, regulated by the cyprus securities and exchange commission (registered office: kedron 9, mesa geitonia, 4004 limassol, cyprus), tickmill south africa (pty) ltd, FSP 49464, regulated by the financial sector conduct authority (FSCA) (registered office: the colosseum, 1st floor, century way, office 10, century city, 7441, cape town), tickmill ltd, address: 3, F28-F29 eden plaza, eden island, mahe, seychelles regulated by the financial services authority of seychelles and its 100% owned subsidiary procard global ltd, UK registration number 09369927 (registered office: 3rd floor, 27 - 32 old jewry, london EC2R 8DQ, england), tickmill asia ltd - regulated by the financial services authority of labuan malaysia (license number: MB/18/0028 and registered office: unit B, lot 49, 1st floor, block F, lazenda warehouse 3, jalan ranca-ranca, 87000 F.T. Labuan, malaysia).

Clients must be at least 18 years old to use the services of tickmill.

High risk warning: trading contracts for difference (cfds) on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade contracts for difference (cfds), you should carefully consider your trading objectives, level of experience and risk appetite. It is possible for you to sustain losses that exceed your invested capital and therefore you should not deposit money that you cannot afford to lose. Please ensure you fully understand the risks and take appropriate care to manage your risk.

The site contains links to websites controlled or offered by third parties. Tickmill has not reviewed and hereby disclaims responsibility for any information or materials posted at any of the sites linked to this site. By creating a link to a third party website, tickmill does not endorse or recommend any products or services offered on that website. The information contained on this site is intended for information purposes only. Therefore, it should not be regarded as an offer or solicitation to any person in any jurisdiction in which such an offer or solicitation is not authorised or to any person to whom it would be unlawful to make such an offer or solicitation, nor regarded as recommendation to buy, sell or otherwise deal with any particular currency or precious metal trade. If you are not sure about your local currency and spot metals trading regulations, then you should leave this site immediately.

You are strongly advised to obtain independent financial, legal and tax advice before proceeding with any currency or spot metals trade. Nothing in this site should be read or construed as constituting advice on the part of tickmill or any of its affiliates, directors, officers or employees.

The services of tickmill and the information on this site are not directed at citizens/residents of the united states, and are not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Compare captrader vs tickmill

Online brokers compared for fees, trading platforms, safety and more. See how captrader stacks up against tickmill!

Low stock and ETF fees

Wide range of products

Many great research tools

Low forex fees

Fast and easy account opening

Free deposit and withdrawal

Complicated account opening

Complex desktop trading platform

High forex fees

Only forex and cfds

Trading platforms with outdated design

Basic news feeds

Credit/debit card not available

Electronic wallets not accepted

Only 5 account base currencies

Clear fee report

Good customizability (for charts, workspace)

Order confirmation

Clear fee report

Good customizability (for charts, workspace)

Good variety of order types

Clear fee report

Good customizability (for charts, workspace)

Price alerts

Stock

Forex

Fund

Bond

Options

Futures

Crypto

Warrants

Structured products

Autochartist integrated

Great analysis written by tickmill experts

Superb economic calendar

Majority of clients belong to a top-tier financial authority

High level of investor protection

Negative balance protection

Does not hold a banking license

Not listed on stock exchange

Financial information is not publicly available

Majority of clients belong to a top-tier financial authority

Negative balance protection

Save this comparison!

About

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Disclaimer:
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A comprehensive tickmill review – is this broker trustworthy?

Minimum deposit

Bonus

Maximum leverage

Year founded

Regulation

Trading platform

When setting out to start trading forex, stocks, or other tradable assets, one of the first things every trader should think about is a broker. The internet is full of scam brokerages that you absolutely need to stay away from, however, given how skilled they are at tricking potential customers, it may not be as easy to spot hidden flaws under their platform.

But it doesn’t mean that you have no means of distinguishing legitimate brokers from fraudulent ones. It just takes a little effort and research into the broker’s offerings to assess their credibility and make the right decision.

On forex trading bonus, we’re trying to make the broker selection process a little bit easier by offering our comprehensive reviews about them. And today, we’ll do the same for the tickmill forex broker.

In order to determine whether tickmill is a trustworthy broker or a scam, we will take a look at its website and software support, then move to the licensing, and finish off by talking about the actual trading conditions. So, let’s get started.

Initial overview

Tickmill is a forex broker established in 2015 in seychelles. The broker brings together a team of professional traders whose experience in this field has started off back in the 80s, therefore, the new clients of tickmill are already in good hands.

While the main focus of tickmil forex broker can be gathered from what we’ve just said – forex trading, the broker also offers many other instruments to its traders: stocks, indices, commodities, and bonds. But before we delve deeper into these instruments and what the actual conditions on them are, let’s do a brief overview of everything we’ll talk about in this article.

A brief tickmill.Com review

When you go to tickmill’s website, the first thing you’re going to notice is how slender and simplistic the interface looks. One image here or there, several visual effects, and very decent font make up a visual that is hardly ever distracting the visitor from getting the information.

And information is certainly there. We have seen websites with decent thematic separation but what we saw on tickmill was something else: the broker has divided the website into the sections that answer all the questions effortlessly. For instance, want to know the conditions for spreads? Go to the spreads & swaps section and find out everything about it.

This level of simplicity is definitely an advantage that we will take into account when making a final tickmill rating.

We were also pretty pleased when we came across 5 different account types on the website. All of them are designed for specific users and make trading a once-in-a-lifetime experience for them.

As for trading platforms, tickmill definitely doesn’t invent a bicycle here: it uses metatrader 4 and webtrader for all the trading executions. And to be fair, it doesn’t need to be original because these pieces of software have proven to be the most effective and efficient in this industry.

The license

Next up, we will take a look at the broker’s licensing material. This is the part that actually reveals a lot about the broker’s code of conduct and its legitimacy issues.

So, the very first line that you read when entering the website is this: “authorised and regulated: FSA SC, FCA UK, cysec.” this means that the broker has regulatory obligations to three separate countries and their financial institutions.

And actually going through these institutions can reveal a lot. For instance, when seeing that one of the main regulators of tickmill is the UK’s financial conduct authority, all the tickmill scam suspicions or suggestions are instantly dissipated for us. There’s just no way of being a scam and having this level of regulatory oversight monitoring your activities.

We will talk about this section more further down below.

Actual tickmill promotions

At last, we’ll discuss every important trading condition available on tickmill. We’ll start with the leverage and spreads. On the broker’s website, we can see that the maximum leverage ratio that the traders can use is 1:500, which is definitely a lucrative offering.

As for spreads, the broker offers two different levels of bid-ask price differences on forex pairs: 1.6 pips for classic account and 0 pips for pro and VIP accounts. Both conditions are pretty decent, although, as you can imagine, the 0-pip offering is far more attractive.

As for the tickmill bonus, the broker offers multiple promotions to its clients, ranging from the $30 welcome account, trader of the month, and many more. These bonuses give additional trading funds to the lucky winners who also can withdraw the bonus money to their personal account.

Finally, we’ll take a look at the minimum deposit requirement, as well as how you can make that deposit, as well as withdrawal. On tickmill, the minimum amount you need to deposit in order to set up a classic account is $100. As for financial platforms, the broker supports bank wire, credit/debit cards, as well as many e-wallets like neteller, skrill, etc.

In short, we think that tickmill is a trustworthy brokerage that offers quite impressive trading conditions to its clients. Now, let’s review each of the above-mentioned points more closely.

What’s the software experience like on tickmill?

As per usual, we’ll begin with the website. As we noted earlier, the visual side of the website is pretty spot-on: it’s not overburdened with unnecessary imagery or transition effects; everything is used moderately and adequately. What this achieves is it makes the navigation through the website much easier.

When it comes to finding the actual information on this website, it’s safe to say that all you need is one mouse click to go where you want. The website is separated into six different sections: trading, platforms, clients tools, promotions, partnerships, and about us. Within those sections, you can find anything about the broker’s regulatory measures, trading numbers, platforms, and payment methods.

As for the account types, there are five different packages that fulfill the demand coming from every type of trader: there are three live accounts (classic, pro, and VIP), one islamic, and one demo account. And all of them are special in their own way; some have lower spreads but higher minimum deposit requirements, some come with no swaps, etc. All in all, these accounts are perfect for specific users.

The last point of this section is trading software. Instead of going all fancy and offering proprietary trading software, tickmill chose a safer and more trustworthy route and gone with metatrader 4. MT4 is a well-tested and widely-used platform that has proven to be the most effective software across the board. What’s more, the broker also offers the MT4-based webtrader that works on all major web browsers.

Is tickmill legit?

Moving on, let’s talk about how legit the broker is based on its licensing materials. As we have already mentioned earlier, there are three separate regulatory pieces that monitor and even direct the broker’s financial activities, and all of them are pretty significant.

These licenses include: FSA from seychelles, FCA from the UK, and cysec from cyprus. Now, if there only was the FSA license, we would at least acknowledge the legitimacy of the tickmill scam suspicions. That’s because for some traders, seychelles isn’t the country with the biggest political or economic prowess to hold the broker accountable for its actions.

However, when we see the licensing materials from the UK and cyprus, all the suspicions are instantly dissipated. Just take a look at the FCA from the UK. Do you think that any brokerage would engage in fraudulent activity and be forgiven by this institution? We certainly don’t think that.

And then there’s the cysec license as some sort of cherry topping as it’s also a very strong licensing material from within the EU. In short, all three of the licenses make sure that the broker abides by the strictest financial rules.

Trading terms and conditions

Finally, let’s talk about what the actual offerings on tickmill are. As noted earlier, the leverage goes as high as 1:500, which is a very impressive and lucrative offering. With it, traders can increase their initial deposits by x500 times, increasing profits by the same multiplication rate.

As for the spreads, the bid-ask price difference for forex pairs is different on different account but the minimum spread can go as low as 0 pips, meaning there’s no actual price difference and traders can buy the same amount of assets as they sell.

When it comes to the bonuses, tickmill FX brokerage offers at least five different promotions: the trader of the month, tickmill’s NFP machine, $30 welcome account, IB contest, and rebate promotion. All of them offer money prizes to the traders, making the experience on tickmill so much better.

And finally, let’s talk about the minimum deposit requirements and financial platforms backing those deposits. On tickmill, the least amount of money you can deposit to your account is $100. This means that even the beginner traders can fire off their career on tickmill without breaking the bank.

The payment platforms that drive those deposits, as well as withdrawals, are also very attractive: the broker offers both traditional (bank wire, debit/credit cards) and e-wallet platforms (neteller, skrill, fasapay, etc). As for tickmill withdrawals, the same platforms can be used for taking out the money you have earned. And transactions are secured with the SSL protocol, which is the highest security standard in the industry.

Should you trade with tickmill?

So, what is our final tickmill opinion? Should you use its services and platforms to trade forex, stocks, and commodities?

Judging from what we’ve just said in this review, it is safe to say that the broker offers some of the most exciting trading conditions you can find on the market right now. Whether you want to leverage large trading positions with fewer of your own money, shallow spreads, or sophisticated financial mechanisms, you can never go wrong by choosing tickmill.

Besides, the broker has three separate licensing materials that ensure that there’s no tickmill fraud going on. In short, we freely recommend this broker with all its offerings and requirements.

Tickmill review

In a FAST-MOVING market, choose a STABLE BROKER

Introduction

Tickmill is one of the most credible and reliable forex brokers in the market. Founded in 2014 with its headquarters in london – UK, this company has been providing quality brokerage services to users across the world from the past six years. Users of this broker get to access various financial markets like forex, soft/hard commodities, indices, bonds, etc.

Compared to other brokers with the level of tickmill’s market experience, this broker proved to be heavily regulated with some of the top tier financial regulators. Tickmill offers four types of well curated accounts and users get to pick the ones that is most appropriate to them. Demo trading facility is also available for users which could help novice traders to get the hang of the platform they are going to use.

This broker offers their services on the MT4 trading platform which is highly accepted by traders across the world. Using this platform, users get to trade on both desktops (windows/mac), and smartphones (android/ios). Apart from these, there are various other services this broker provides for their users like trading bot services called autochartist, VPS and many more.

The unique selling proposition of this broker is the lowest fees they offer. When compared to other regulated brokers, tickmill charges very less commissions and trading fees. Options to deposit and withdrawal are also many and are typically not charged. On the flip side, users get to access limited number of asset classes when compared to other brokers of this range.

Tickmill is now in position to claim that it possesses way above 100,000 traders which have jointly opened more than 250,000 active accounts.

Tickmill.Com is owned and operated within the tickmill group of companies.
– tickmill group consists of tickmill UK ltd, regulated by the financial conduct authority (registered office: 3rd floor, 27 – 32 old jewry, london EC2R 8DQ, england),
– tickmill europe ltd, regulated by the cyprus securities and exchange commission (registered office: kedron 9, mesa geitonia, 4004 limassol, cyprus),
– tickmill south africa (pty) ltd, FSP 49464, regulated by the financial sector conduct authority (FSCA)
– tickmill ltd, regulated by the financial services authority of seychelles and its 100% owned subsidiary procard global ltd, UK registration number 09369927
– tickmill asia ltd – regulated by the financial services authority of labuan malaysia (license number: MB/18/0028).

Addresses and phones

Addresses:
tickmill UK ltd, registered office: 3rd floor, 27 - 32 old jewry, london EC2R 8DQ, england
tickmill europe ltd, registered office: kedron 9, mesa geitonia, 4004 limassol, cyprus
tickmill south africa (pty) ltd, registered office: the colosseum, 1st floor, century way, office 10, century city, 7441, cape town
tickmill ltd, registered office: 3rd floor, 27 - 32 old jewry, london EC2R 8DQ, england
tickmill asia ltd, registered office: unit B, lot 49, 1st floor, block F, lazenda warehouse 3, jalan ranca-ranca, 87000 F.T. Labuan, malaysia

Phones:
+852 5808 2921
+6087-504 565
+44 203 608 6100
+357 25041710

Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.

Tickmill

About me tickmill is a new way of trading with extremely low market spreads, no requotes, absolute transparency and innovative trading technology. Tickmill is a trading name of tmill UK limited (FCA register no. 717270) and tickmill ltd. (FSA license no. SD008)

USDCAD: USDCAD facing bullish pressure pressure from upside confirmation

USDCAD is facing bullish pressure from our upside confirmation at 1.2871, in line with the 100% fib extension and horizontal swing high, where we could see a further bounce above this level towards 1st resistance where 127% fib extension is. EMA also shows that price is on support.

Neutral outlook for UKOIL as technical indicators are mixed. Trading cfds on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

XCUUSD: Copper is approaching resistance, potential reversal

Price is facing bearish pressure from our first resistance, in line with our 100% fibonacci extension and 78.6% fibonacci retracement where we could see a reversal below this level to our first support target. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish pressure.

XAUUSD: Gold is approaching support, potential bounce

Price is facing bullish pressure from our first support and we could see a bounce above this level to our first resistance target. Stochastic is approaching support as well where we could see a bounce above this level.

UKOIL: UK Oil is facing bearish pressure, potential for further drop

Price is facing bearish pressure from our first resistance, in line with our horizontal pullback resistance, 38.2% fibonacci retracement where we could see a further drop below this level to our first support target. Ichimoku cloud is showing signs of bearish pressure as well, in line with our bearish bias.

XCUUSD: Copper is pulling back to test resistance, potential reversal

Price is facing bearish pressure from our first resistance, in line with our horizontal pullback resistance, 100% fibonacci extension and 50% fibonacci retracement where we could see a reversal below this level to our first support target. Ichimoku cloud and 20 EMA are showing signs of bearish pressure as well, in line with our bearish pressure.

USDCAD is facing bullish pressure from our upside confirmation at 1.2838, in line with the 78% fib extension and horizontal swing high, where we could see a further bounce above this level towards 1st resistance where 127% fib extension is. EMA also shows that price is on support.

XCUUSD: Copper is approaching support, potential bounce

Price is facing bullish pressure from our first support and a break above our upside confirmation level, in line with our horizontal overlap resistance, 61.8% fibonacci extension and 61.8% fibonacci retracement could provide the bullish acceleration to our first resistance target.

Price is facing bullish pressure from our first support and a break above our upside confirmation level, in line with our horizontal overlap resistance and 38.2% fibonacci retracement could provide the bullish acceleration to our first resistance target.

USDCAD: USDCAD facing pressure pressure from 1st resistance!

USDCAD is facing bearish pressure from 1st resistance level, in line with the 61.8% fib extension and 61.8% fib retracement, where we could see a further drop below this level towards 1st support where 50% fib retracement is. Stochastics also shows that price is near resistance.

UKOIL: UKOIL bounced from support, potential for a further rise

UKOIL bounced off 55.85 where it could potentially rise further to 56.32 trading cfds on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks

USDCAD is facing bearish pressure from 1st resistance level, in line with the 78.6% fib extension and 78.6% fib retracement, where we could see a further drop below this level towards 1st support where the horizontal swing low is. Trendline also shows that price is near resistance

XAUUSD: Gold is facing bullish pressure, potential for further upside

UKOIL: UKOIL approaching resistance, potential drop!

UKOIL reversed off its resistance at 56.00 where it could potentially drop further to 55.07 trading cfds on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

XCUUSD: Copper is facing bullish pressure, potential for further upside

USDCAD is facing bearish pressure from 1st resistance level, in line with the 100% fib extension and 78.6% fib retracement, where we could see a further drop below this level towards 1st support where the horizontal swing low is. Trendline also shows that price is near resistance.

UKOIL reversed off its resistance at 55.58 where it could potentially drop further to 54.48. Trading cfds on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

Tickmill

Neutral outlook for UKOIL as technical indicators are mixed. Trading cfds on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

Tivkmill

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Tickmill is a trading name of tickmill UK ltd (a company registered in england and wales under number 09592225). Principal and registered office: 3rd floor, 27-32 old jewry, london EC2R 8DQ. Authorised and regulated by the UK financial conduct authority. FCA register number: 717270.

High risk warning: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading cfds with tickmill UK ltd. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money. You should be aware of all the risks associated with trading contracts for difference (cfds) and seek advice from an independent adviser if you have any doubts. Please refer to the summary risk disclosure.

The information on this site is not directed at residents of the united states and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Important notice

You are about to leave tickmill europe ltd client area registration page. By clicking “continue” you will be redirected to the registration page of tickmill UK ltd, a company registered in the UK and regulated by the financial conduct authority of the united kingdom.

You are about to leave tickmill europe ltd client area registration page. By clicking “continue” you will be redirected to the registration page of tickmill ltd, a company registered in the seychelles and regulated by the financial services authority of seychelles.

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