Tickmill asia

Overall, the feedback received from our valued guests was positive, with many of them commending our client-centric service and support, unique trading conditions and diverse product offering that resonate well with their needs.

My list of forex bonuses

Tickmill’s 1st Asia Client Celebration Dinner, tickmill asia.

Our team consisting of our partnerships manager, global head of business development, chief marketing officer, local country manager and tickmill ltd CEO, mr sudhanshu agarwal, caught up with clients, discussed business opportunities and new areas of collaboration in the ever-changing financial services industry.

Tickmill’s 1st asia client celebration dinner!

In recognition of some of our most loyal clients in asia, tickmill hosted a VIP gala dinner in malaysia’s capital city, kuala lumpur on 11 th october 2019. As a broker who always goes the extra mile to build meaningful connections with our clients, we organised this festive gala dinner to reconnect with our ever-expanding malay client base and celebrate collaborative relationships.

We are delighted to have welcomed guests from all over malaysia who all enjoyed a unique evening of entertainment, fine food and fellowship at the marini's on 57, kuala lumpur’s most iconic rooftop bar and restaurant.

Fostering deeper connections with our clients

Mr agarwal extended the company’s appreciation for our client’s outstanding support and loyalty throughout the years and shared his personal perspective on tickmill’s success story – a company that was once built from scratch to become today one of the most dynamic players in the industry. Also, karen foo, the famous motivational speaker, trader and author from singapore joined the event as a guest-star, inspiring the audience with her engaging stories and personal experiences in financial investment.

The event was complemented with a set of extraordinary live performances including an intriguing play of instrumental classical music by a group of local musicians, dance show and several other team bonding activities.

We take this opportunity to thank our esteemed guests who joined us in this special evening to celebrate business success, teamwork and strong relationships.

Enjoy highlights from our gala dinner in the gallery below.

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.

Tickmill asia

Tickmill is the trading name of tickmill group of companies.

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

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 broker 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

Evaluation method

Tickmill risk statement

Overview

Summary

Tickmill offers very low spreads and commission, a 30 USD welcome bonus for all new traders, fast market execution on the MT4 platform and has an excellent reputation in the industry.

All accounts can be converted to islamic accounts and all clients have access to free autochartist and copy trading (via myfxbook) – great tools for traders of all experience levels. A regular winner of trade execution and trading conditions awards, tickmill has the reputation, and the performance, traders should look for in a broker.

Reviews

Account information

Trading conditions

Company details

Deposit & withdrawal methods

Supported platforms for tickmill

Is tickmill safe?

Founded in 2014 by the former head of brokerage for admiral markets, tickmill is a relatively young broker, but it has expanded very quickly to become one of the more popular brokers in many global markets.

The company is split into three divisions:

Tickmill ltd, which is regulated by the seychelles FSA (license: SD 008)

Tickmill UK ltd, which has been regulated by the UK FCA (license: 717270) since 2016

Tickmill europe ltd, which has been regulated by cysec (license: 278/15) since 2015

Tickmill’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 execution broker 2018 (UK forex awards) and best forex trading conditions 2017 (UK forex awards).

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

Trading conditions

All accounts at tickmill offer STP market executed trades in an average of 0.15 seconds on 62 currency pairs; in addition to forex, other tradeable assets include cfds, stock indices, metals, and bonds. All trades at tickmill are completed using a fully automated no dealing desk (NDD) execution model, providing liquidity from global, top-tier banks and hedge funds with no requotes.

The margin call and stop-out percentage differ for the retail and professional versions of the accounts, the margin call to stop-out for retail clients is 100% to 50%, and professional is 100% to 30% – but all accounts benefit from having up to 1:500 leverage.

Clients can choose from three wallet currencies – USD, EUR and GBP.

Account types

Tickmill offers three different live accounts in addition to the demo account and all accounts are available with a swap-free islamic option. The main differentiating factor between the accounts is that the pro and VIP accounts are commission-based accounts with much tighter spreads, whereas the classic account is commission-free, but the broker’s fee is incorporated into a wider spread.

Demo account – A demo account is available for new traders and will remain open until there is no login for seven consecutive days and you can change the balance on your demo account whenever you want by writing to the tickmill support team. You can keep your demo account open once you open a live account by installing your MT4 live account and MT4 demo account in different folders on your computer.

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

Pro account – this account, also with a swap-free islamic option, requires a 100 USD minimum deposit and is the entry-level account for more advanced traders. Tighter spreads are available in exchange for a commission of 2 USD per side per lot (100,000) traded, so 4 USD round turn. This commission pricing and structure is an industry-standard and is on the cheaper end of what other STP brokers offer clients for the same services.

VIP account – this account, with the same swap-free islamic option, is for high volume professional traders and requires a 50,000 USD minimum balance. The commission is reduced to 1 USD per side per lot traded, making trading even more profitable. This is a very competitive professional account which offers excellent trading conditions and one of the lowest commissions in the world.

Spreads and commissions

As explained above, spreads and commission change between accounts:

Classic account: the minimum spread is 1.6 pips with no commission charged.

Pro account: the minimum spread is 0.0 pips with a commission of 2 USD per side per standard lot traded

VIP account: the minimum spread is 0.0 pips with a commission of 1 USD per side per standard lot traded

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 for any deposit over 5000 USD. If you were charged, submit a copy of the bank statement showing the charge, and the amount will be credited.

Tickmill for beginners

Tickmill does not have a traditional forex trading course, but it does hold frequent webinars in a range of languages and hosts seminars all over the world for traders of all experience levels. It has also published a detailed ebook which new traders will find useful and maintains a video library of tutorials, again in a number of languages.

Additionally, while the analysis blog and tradingview analysis tools do not explain the basics of trading, they do offer valuable learning experiences for traders – beginners will also find the weekly market outlook helpful when thinking about how to develop a trading strategy.

Educational material

For new traders, tickmill’s main resource is its ebook, but the beginners will also find the webinars and seminars of great benefit.

The 46-page ebook, titled the majors – insights & strategies, is well presented and will be a viable trading course replacement for those who enjoy reading. The ebook covers subjects such as the forex trading basics, how forex trading works, the major currency pairs, common trading strategies and the methodology behind forex analysis. The ebook ends with a selection of tips designed to give new traders more confidence in their decision-making.

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 basic concepts like news trading strategies to more complex technical analysis and chart theories.

Tickmill also has a schedule of free seminars around the world, many of which will be helpful for more experienced traders – these are also presented in a number of languages, depending on location.

The education section is rounded off by a decent glossary of forex terms that will be a useful reference for new traders.

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 unusual for broker analysts, who typically shy away from direct contact with traders, especially 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 forex CFD traders even though its successor, metatrader 5, has been available for some time. Metatrader 4 has been the industry standard for CFD trading since 2005 and most brokers will still support it.

The advantages of using MT4 are numerous but most centre around the community support and the number of users that the platform boasts. Support is available for MT4 from tickmill customer support and you will also find a wealth of guidance online.

The main advantages of MT4 include:

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.

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.

Trading tools

Tickmill also provides a number of useful trading tools.

Autochartist

Autochartist is a third-party automated chart analysis tool which scans the markets for volatility and notifies traders of relevant trading opportunities. It integrates very well into MT4, with information available from inside the chart view without detracting from the other important aspects of the platform. Autochartist is a common technical analysis tool among traders, so training videos are easy to find online and new traders will be able to start using it almost immediately. 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 through tickmill is the myfxbook autotrader – a cross-broker social trading platform that allows new traders to follow and copy more experienced, successful, traders without the need for additional software. As an investor, you are able to look at the performance of a variety of trading systems that have been created by other successful traders. You’re given the choice between a diverse range of trader systems and can choose a system to follow based on your own trading style.

Channel down on US dollar south african rand

One click trading

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.

VPS service

Tickmill VPS has partnered with beeksfx to provide a discounted VPS service to clients. As one of the largest forex VPS providers, beeksfx gives users access to very low latency networks, where expert advisors can still be easily used.

Tickmill clients are entitled to the following exclusive benefits with beeksfx:

20% discount on all packages.

Quick setup and a 24/7 live chat and email support.

Negligible latency due to VPS servers’ adjacent location to tickmill.

100% uptime guarantee.

No shared resources, and increased control.

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: trading financial products on margin carries a high degree of risk and is not suitable for all investors. Losses can exceed the initial investment. Please ensure you fully understand the risks and take appropriate care to manage your risk.

Overview

Tickmill is an award-winning and trustworthy non-dealing desk broker with a strong focus on transparency, quality and fast execution. With a good education section, additional premium tools offered to traders for no extra cost, and some of the best trading conditions in the world, tickmill should be a tempting choice for all traders considering a new broker.

Tickmill’s 1st asia client celebration dinner!

Fostering deeper connections with our clients

We take this opportunity to thank our esteemed guests who joined us in this special evening to celebrate business success, teamwork and strong relationships.

Enjoy highlights from our gala dinner in the gallery below.

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.

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

Asian markets focus on US stimulus, discount news about stricter lockdown in japan

Equity markets in the asia-pacific region were mostly in upbeat mood on friday thanks to expectations of additional government stimulus in the united states after congress approved the victory of democrat joe biden which agenda is known for its expansionary fiscal policy bias.

US congressmen certified the results of the US presidential election at the joint meeting on wednesday. The meeting was interrupted due to protests by supporters of donald trump, who were able to overcome the police cordon and break into the capitol building. The security service was forced to evacuate senior members of congress for a while. Trump has said he will ensure an orderly transfer of power to biden on his inauguration day on january 20, 2021.

Meanwhile, the democratic party gained a majority in the US senate thanks to victories in georgia run-off elections, according to calculations by NBC and associated press. According to their projections, the democratic candidates will receive both senatorial seats from georgia.

Japanese prime minister yoshihide suga has announced a state of emergency in tokyo and three surrounding areas in response to the rise in coronavirus infections. The regime, which will run from friday, january 8, until february 7, provides for the closure of restaurants and bars no later than 20:00. In his statement, the prime minister urges the nation to stay at home whenever possible and avoid crowded places. No penalties are planned. At the same time, shopping centers and schools remain open, cinemas, museums and other similar institutions are recommended to reduce attendance.

Disclaimer: the material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other group or individual or company.

High risk warning: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% and 65% of retail investor accounts lose money when trading cfds with tickmill UK ltd and tickmill europe ltd respectively. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.

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POPULAR TAGS

Tickmill is the trading name of tickmill group of companies.

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

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.

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

Tickmill group awards

Take a glance at our awards & recognitions gallery.

Tickmill:
an industry-acclaimed broker

Tickmill is part of a global group of companies (tickmill ltd, tickmill UK ltd, tickmill europe ltd, tickmill asia ltd, tickmill south africa (pty) ltd) each of which have won several prestigious awards for demonstrating excellence and leadership in key areas of the foreign exchange business, including but not limited to client service and support, trading conditions and technology.

The continuing support of our clients and the hard dedication of our workforce are some of the major driving forces behind our every success and an extra motivation to constantly raise the bar higher and exceed our clients’ expectations.

Check out the full list of awards and recognitions that we have received over the years, pointing to our strong position in the highly dynamic foreign exchange industry.

Our awards

Best commodities broker

Rankia markets experience expo

Best trading experience

Forex brokers award 2020

Most reliable broker

Online personal wealth awards

Best forex education provider

Best trading conditions

Best forex execution broker

Best trading platform provider

Fxdailyinfo.Com broker awards

Best CFD broker asia

International business magazine

Best forex CFD provider

Online personal wealth awards

Best forex broker asia

Most transparent broker

Best forex execution broker

Best forex CFD broker

Jordan forex expo awards

Top CFD broker

Fxdailyinfo.Com broker awards

Best forex trading conditions

Most trusted broker in europe

START TRADING with tickmill

It's simple and fast to join!

REGISTER

Complete registration, log in to your client area and upload the required documents.

CREATE AN ACCOUNT

Once your documents are approved, create a live trading account.

MAKE A DEPOSIT

Select a payment method, fund your trading account and start trading.

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.

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

Tickmill review

Our tickmill review found this forex broker has a choice of 2 accounts and 1 forex trading platform with metatrader 4. While they have over 60 currency pairs, the range of markets is limited with 2 metals, 4 bonds, 14 indices but no crypto or shares

��️ regulation	UK, europe, south africa, malaysia
�� trading fees	low spreads
�� trading platforms	MT4
�� minimum deposit	$100
�� deposit/withdrawal fee	$0
��️ instruments offered	forex, cfds, bonds
�� credit card deposit	yes

Tickmill account types

Tickmill offers you the choice of three account types for trading forex and cfds using a no dealing desk model with ECN style pricing. These include the pro account, the classic account, and the VIP account. Each of these account types will suit a different level of trading experience.

When trading with tickmill, all accounts include the following features:

Minimum lot size of 0.01 (micro-lots)

Available base currencies: USD, EUR, GBP

Hedging, scalping, arbitrage, expert advisors permitted

Swap-free islamic account options

Pro account

You can get started with a pro account with a minimum deposit of $100. The pro account offers low spreads from 0.0 pips EURUSD and charges commission fees of $2.00 per side ($4 round-turn) per lot. This account offers the best pricing for retail traders, as it has ECN pricing.

This account is the most popular among traders because of the low commission rate and tight spreads.

Classic account

The classic account is the same as the standard account that many brokers offer. This means you will not pay commission fees. To open a classic account, you will require a minimum deposit of $100. Spreads start from 1.6 pips. The classic account is more suitable for beginner traders with little experience.

VIP account

There is no minimum deposit required for the VIP account, however, you will require a minimum account balance of $50,000 to trade. This makes this trading account more suitable for experienced traders. Spreads start from 0.0 pips, and the commission fees are only $1.00 per side.

Islamic account

Tickmill also offers islamic accounts for traders of the muslim faith. You can select from a pro account, classic account, or VIP account and convert it to an islamic account. Trading conditions remain the same as with the other trading accounts, along with compliance with the sharia law.

Our rating

The overall rating is based on review by our experts

Spreads

Tickmill offers competitive spreads across a range of 62 currency pairs, stock indices, oil, metals, and bonds. The classic account offers slightly higher average spreads on the range of currency pairs. Typical spread data from the pro account and VIP account shows an offering of 0.10 pips on the EUR/USD pair.

Commission spreads

The following table compares the average spreads across a range of commission-based account types, including the pro account and VIP account from tickmill.

Data taken from broker website. Accurate as at 05/01/2021

Non-commission spreads

The following table displays average spreads from non-commission accounts with the classic account from tickmill and others.

Leverage

What is leverage?

Price movements in the forex market can be small. Leverage is a tool that allows you to access borrowed equity to trade with higher without investing an exorbitant amount of using your own funds. For example, trading with 1:100 leverage will allow you to trade up to $100,000 with only $1,000 in your account. Remember that this invokes a high risk as price movements can turn unfavourably in certain trading environments.

What determines leverage?

The maximum leverage that a CFD broker can offer depends on what the regulator of the country you are trading from will permit. Tickmill uses the following regulators: FCA, cysec for clients in the UK and europe, FSCA for clients in south africa, LFSA for malaysia clients and FSA for clients in other regions.

Retail investor accounts (for clients in the UK and europe):

Up to 1:30 on forex in the UK and europe

Up to 1:20 on stocks indices and oil

Up to 1:20 on metals

Up to 1:5 on bonds

FCA and cysec regulations are tighter than most regulators in other countries require. However, if you are in the UK or europe, you may be eligible for a professional account which will allow you to access leverage in line with tickmill clients in other regions.

Professional investor accounts (UK and europe clients) and retail investors accounts (outside the UK and europe):

Up to 1:500 on forex

Up to 1:100 on stocks indices and oil

Up to 1:500 on metals

Up to 1:100 on bonds

Trading platforms

Tickmill only allows you to trade using the most popular trading platform: metatrader 4. Despite the minimal selection of trading platforms, metatrader 4 is the most commonly used system and provides a range of features to help you trade the financial markets.

Metatrader 4

Metatrader 4 is the first and most popular trading platform developed by metaquotes software. Metatrader 4 is user-friendly, customisable, and designed to let you trade with ease on desktop or mobile trading (including ios and android). This platform is the favourite among many forex traders around the world because of its sophisticated level of trading analysis tools, customisable interface, charting functionality, and access to expert advisors through the accompanied metatrader marketplace.

Along with the advanced trading conditions from tickmill, you can enjoy many features from using the metatrader 4 trading platform:

Fast order execution on a range of cfds including forex, stock indices, commodities, and bonds

Expert advisor trading facilities and advanced trading signals (run on tickmill VPS) suitable for scalping

Provision of fundamental and technical analysis tools including over 50 indicators and customisable charting

Metatrader 4 webtrader

The metatrader 4 webtrader platform allows you to access the markets online directly through your web browser. The webtrader trading platform through tickmill makes trading more accessible as the metatrader system is available directly in your browser. Equipped with all the same functions as the original, the webtrader version has enhanced security with data encryption. However, the trade execution time is a little more lagged.

The metatrader 4 webtrader trading platform offers:

Access to one-click trading through all modern browsers

Real-time quotes on customisable price charts

Over 30 indicators to use across 9 different time frames

Trading history and encrypted data transmission

Other platform

Myfxbook copy trading

If you prefer to copy the trades of other successful traders, then myfxbook is available within your metatrader 4 trading account.

Myfxbook works by providing you with tools to find and follow other traders in their social network. You can then use filters which will allow you to replicate their trades within the conditions you set. Social trading is popular for those that don’t have the experience or time to invest in trading themselves, instead, you can leave the work to other traders.

Third-party tools

Tickmill clients can access third-party technical analysis tool autochartist. This is one of the most comprehensive forex trading tools that can add some value to your trading. Authochartist uses advanced technology to analyze past market trends and identify real-time trading opportunities across a wide selection of CFD instruments.

Some of the best tools included in the autochartist market analysis pack include:

Automated trade alerts

Volatility analysis for SL and TP optimization

Fibonacci patterns

Market reports delivered 3 times per day

Historical performance statistics

The key support and resistance levels

Customizable searches to only get the data you need

Autochartist is offered free of charge to all tickmill live account holders. This tool is offered as an MT4 plugin as well as a standalone web application.

Financial products

A range of trading instruments including forex, stocks indices and oil, precious metals, and bonds are available.

Tickmill does lack some diversity in the cfds on offer. For example, you cannot trade popular cfds such as cryptocurrencies, stocks, etfs or soft commodities (such as crops and livestock) through tickmill. This can limit your ability to spread your risk through investment diversity.

Forex

The forex market is the most popular financial market because of its volatile price movements and 24/5 availability for trading. When trading forex, you are simultaneously buying and selling currencies for profit. Tickmill offers you access to over 60 currency pairs, allowing you to trade popular currencies such as USD, EUR, and GBP. Spreads start from 0.0 pips, and the average trade execution speed is 0.20 seconds.

At tickmill, trading minor and exotic forex pairs is also available with no requotes and ultra-fast execution speed of 20ms.

Stock indices and oil

Stock indices allow you to track a group of stocks to buy and sell them as an aggregate, rather than picking single stocks. Where stocks show the performance of a company, stock indices are useful to determine the economic health of sectors, industries, or countries. Tickmill offers 14 stock indices with no commission fees.

Trading WTI oil serves a similar purpose. Variations of oil are available to trade as an amassed average across sectors. Speculating on the price of oil enables you to trade on highs or lows, as you would any other asset.

Trading oil serves a similar purpose. Variations of oil are available to trade as an amassed average across sectors. Speculating on the price of oil enables you to trade on highs or lows, as you would any other asset.

Precious metals

Gold and silver metal commodities against the USD are available through tickmill. These trading instruments are relatively uniform across the world and are typically safer assets during periods of market uncertainty. With the metatrader 4 trading platform, you can trade gold and silver from 0.0 pips spreads, no commissions, and an average trade execution speed of 0.20 seconds. Much like the forex market, you can trade precious metals 24/5.

The tickmill range of precious metals is small. Other popular metals such as copper, palladium, platinum are not available.

Bonds

Tickmill offers 4 types of government bonds (also known as treasury cfds) which are agreements between borrowers and lenders that you can trade over the counter. These bonds are futures (cash) contracts. Tickmill provides access to german bonds from 0.0 pips spread and no commissions.

Customer service

Hours of support

Tickmill provides extensive trading services and customer support with the head office in london, united kingdom. You can contact the CFD broker through the client support number or office number during 7:00 to 16:00 GMT monday to friday. Tickmill also provides a support email with a response time within 24 hours on business days. A livechat is also available through their website tickmill.Com, one can choose from 14 different languages.

Education and research

Tickmill provides a range of educational resources to help you improve your trading experience with tickmill. Some of these tools are available for download and some require registration. These tools can help you improve your trading strategies.

Ebooks – topics include introduction to fibonacci analysis, know your trading costs, risk management, trading forex

Videos – forex trading, market analysis, trading psychology, trading strategies, social trading, stocks, MT4

Webinars – hosted by forex experts, these webinars are in a range of languages including english, german, polish, portuguese, turkish

Seminars – these seem to have stopped at least for 2020 but are allow you to hear from forex experts online

Infographics – these are visual graphics that visualise data, charts and statistics on trading topics

Minimum deposit – funding

Tickmill has a zero fees policy for deposits and withdrawals. This means there are no costs from the brokers’ end for using when transferring funds. If your wire transfer and your deposit are greater than $5000, tickmill will refund any fees up to $100 with if you can provide a bank statement.

To open an account with tickmill, you will require a minimum deposit of $100. To access a VIP account, your balance will need to be $50,000 to open your position. Tickmill accepts 4 different deposit currencies EUR, GBP, USD and PLN. Deposits made in unsupported currencies will be converted incurring a conversion fee to the previously mentioned currencies.

Tickmill offers a range of deposit and withdrawal methods, and there is a minimum withdrawal requirement of $25. Fund transfer will be instant or up to 1 working day:

Bank transfer

Visa and mastercard

Skrill

Neteller

Dotpay

Paysafecard

Sofort

Rapid transfer

Paypal

Unionpay

Fasapay

Qiwi

Tickmill doesn’t have any official inactivity fees however tickmill may apply charges if they believe you are not actively using your account.

Regulation and risk management

Global regulation

Tickmill has regulation in several countries including:

Tickmill UK ltd: financial conduct authority (FCA) for the UK (register number 717270)

Tickmill ltd: seychelles financial services authority (FSA) for seychelles (licence number SD008)

Tickmill europe ltd: cyprus securities and exchange commission (cysec) for cyprus (licence number 278/15)

Tickmill asia ltd: labuan financial services authority (LFSA) for labuan (licence number MB/18/0028)

Tickmill south africa (pty) ltd: financial sector conduct authority (FSCA) for south africa (licence number FSP 49464)

Tickmill asia applies for clients in malaysia, all clients outside tickmill subsidiaries that have FCA, cysec, LFSA and FSCA regulation will have FSA regulation. While tickmill policies for FSA will be in line with other regulators, you need to remember that FSA is an offshore regulator. So if you have any complaints, you may not have the protection you need to settle disputes in case of scams.

If you are australian or from dubai, then you may note that tickmill does not have ASIC or DFSA regulation. We don’t advise using regulators outside your country. So tickmill may not be a suitable broker for your situation.

Risk management features

If an account falls below a zero balance, tickmill will cover the debt by providing negative balance protection. This means that tickmill will cover any losses below a zero balance on your account in the event of trading losses or excessive slippage. The forex broker also uses a risk department to monitor traders’ risk appetite and may notify the client of excessive risk-taking or even reduce the leverage.

Tickmill provides a degree of risk management to improving trading conditions. The range of educational resources and research-based features helps you to improve your trading ability on a demo account before testing your skills with a live account. These tools are a form of risk management as they ensure you understand the nature of trading before getting started.

Furthermore, tickmill allows the maximum leverage depending on the relevant regulatory entity. For retail clients trading forex, leverage is capped at 1:30 whereas professional clients can access leverage up to 1:500. Tickmill also provides a simple and transparent calculation of the required margin for clients to visualize the risk of trades.

Tickmill FAQ

Is tickmill an ECN broker or market marker

Tickmill is an ECN pricing. Tickmill doesn’t advertise themselves as an ECN broker or STP broker but they offer ECN pricing because they connect you with forex liquidity providers without a dealing desk. This is why spreads are low. As there is no dealing desk, tickmill is not a market maker.

If you are looking for other forex brokers with ECN pricing then see our best ECN brokers. All these brokers offer ECN trading execution using the MT4 trading platform.

What trading platforms does tickmill offer?

Tickmill only offers one trading platform. This is metatrader 4 (MT4). Metatrader 4 is the world most popular platform with brokers and traders so is a solid choice for a trading platform.

Some traders may wish to consider metatrader 5 over metatrader 4 as metatrader 5 allows you to deal with exchange-traded cfds and has superior trading features and speed.

Is tickmill good for beginners?

Tickmill can be a good option for beginners as they have a commission-free account (called the classic account), negative balance protection ensures you account balance never goes below zero, metatrader 4 trading platform and a demo account.

If you are looking for other suitable trading platforms for beginners, see out best trading platforms for beginners.

Is tickmill a good choice for australian traders?

You can certainly use tickmill if you are in australia, however, you will be using seychelles financial services authority (FSA) as your regulator. Compareforexbrokers never recommend using an offshore regulator. If you are trading in australia then we suggest our best brokers australia who all have regulation with the australia securities investments commissions (ASIC).

Overall

With a choice of a classic account which is commission-free and ECN pricing accounts all which allow hedging, scalping and eas, tickmill is a suitable forex broker for traders of all levels of experience. The $2 commission per lot to open your position is some of the best in the market. However, tickmill has a few weaknesses. The broker only offers the metatrader 4 trading platform, which many consider the gold standard for trading platforms however it would be nice to have another trading platform to choose from. Tickmill also limits the range of cfds you can choose from. Overall, tickmill is one of the better brokers, but pepperstone exceeds the broker in most areas.

Justin grossbard has been investing for the past 20 years and writing for the past 10. He co-founded compare forex brokers in 2014 after working with the foreign exchange trading industry for several years. He also founded a number of fintech and digital startups including innovate online and SMS comparison. Justin holds a masters degree and an honours in commerce from monash university. He and his wife paula live in melbourne, australia with his son and siberian cat. In his spare time, he watches australian rules football and invests on global markets.

5 key facts about tickmill

Minimum deposit
- $100

Forex platforms
- metatrader 4

Trading fees
- low commissions

Regulated by
- cysec
- FCA
- FSCA
- LFSA

Trading account
- classic
- pro

Tradable instruments
- forex
- cfds
- bond CFD

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