Tickmill regulation

My list of forex bonuses

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. Licence number: FSP 49464

Tickmill group licenses
& regulation

Group licenses

Seychelles financial services authority (FSA)

Tickmill ltd is regulated as a securities dealer by the seychelles financial services authority.

FSA is established under the financial services authority act 2013. The regulator’s key responsibilities include the licensing, supervision and development of non-bank financial services in seychelles through a solid regulatory regime.

Financial conduct authority (FCA)

Tickmill UK ltd is authorised and regulated by the financial conduct authority.

FCA register number: 717270

The FCA is an independent public body given statutory powers by the financial services and markets act 2000, regulating the conduct of both retail and wholesale financial services firms in the UK. The regulator’s mission is to make financial markets work well with the aim to protect consumers, enhance market integrity and promote competition.

Cyprus securities and exchange commission (cysec)

Tickmill europe ltd is authorised and regulated by the cyprus securities and exchange commission as a CIF limited company.

Cysec is the financial regulator of the republic of cyprus, established according to section 5 of the securities and exchange commission (establishment and responsibilities) law of 2001. The purpose of cysec is to safeguard investor protection and facilitate the sound development of the securities market through the exercise of efficient supervision.

Labuan financial services authority (labuan FSA)

Tickmill asia ltd is authorised and regulated by the labuan financial services authority.

Labuan FSA acts as the central regulatory, supervisory and enforcement authority of the international business and financial services industry in labuan. The authority plays a vital role in ensuring all entities operating under labuan IBFC abide by the highest financial standards.

Financial sector conduct authority (FSCA)

Tickmill south africa (pty) ltd is authorised and regulated by the financial sector conduct authority (FSCA).

Licence number: FSP 49464

The financial sector conduct authority (FSCA) serves as the dedicated market authority in south africa with a mission to enhance the efficiency and integrity of financial markets, promote fair customer treatment by financial institutions and assist in maintaining financial stability.

Registrations

Financial conduct authority

Federal financial supervisory authority

Commissione nazionale per le società e la borsa

Autorité de contrôle prudential

Comisión nacional del mercado de valores

Directives and memberships

Mifid II

The european union’s markets in financial instruments (mifid II) directive 2014/65/EU provides a harmonised regulatory regime for the provision of investment services within the european economic area. The key objectives of the directive are to maximise efficiency, increase financial transparency, encourage competition and offer greater consumer protection. Mifid II allows investment firms to provide investment and ancillary services within the territory of another member state and/or a third country, provided that such services are covered by the investment firm’s authorisation.

Financial services compensation scheme (FSCS)

Tickmill UK ltd is a member of the financial services compensation scheme (FSCS). The FSCS is an independent compensation fund of last resort for customers of authorised UK financial services firms, set up under the financial services and markets act 2000. The FSCS’s objective is to pay compensation up to the value of £85,000 per client if a firm is unable or likely to be unable to pay claims against it in the event the firm has stopped trading or has declared to be in default.

Investor compensation fund (ICF)

Tickmill europe ltd is a member of the investor compensation fund (ICF). The ICF has been set up according to article 59(1) and (2) of law 144(Ι)/2007 as an investor compensation fund for CIF clients and its functions are regulated by the directive DI87-07 of cysec. The fund’s objective is to secure the claims of covered clients against the ICF members through the payment of compensation for any claims arising from the failure of a member of the fund to meet its obligations.

START TRADING with tickmill

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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.

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.

Honest tickmill forex broker review – scam or not?

Review:	regulation:	min. Deposit:	forex pairs:	spreads:
(5 / 5)	FCA (UK), cysec (EU), FSA (SE)	100$	50+	0.0 pips + 1$ commission per 1 lot

Are you looking for real experiences and a critical test to the tickmill broker? – then you are exactly right on this page. As traders with more than 7 years of experience in the financial markets, we have tested the provider in detail for you with real money. Learn more about the conditions and seriousness of the broker. Is it really worth it to invest in forex broker tickmill money or not? – inform yourself in detail now.

Official website of tickmill

What is tickmill? – the company presented

Tickmill is an international broker for trading derivatives financial forex and cfds. The main headquarters are located in london: 1 fore street, london EC2Y 9DT, united kingdom. For many years, the company has proven itself to offer traders professional trading on the best terms. Also, there are branches in cyprus and seychelles.

According to the website, tickmill should provide an excellent trading experience with the cheapest spreads and commissions, which we will take a closer look at in the following test. Furthermore, the broker shines with many different awards in the industry and allows his traders to pursue any trading strategies.

Facts about tickmill:

Forex broker from great britain (london)

Made by traders for traders

Specialized in forex trading with special conditions and lowest spreads

Worldwide branches in different countries

114 billion average trading volume per month

(note: get 5% spread rebate with the codes: IBU13836682 (EU) & IB60353132 (international))

Is tickmill a regulated forex broker?

Regulations and licenses are important for traders and brokers so that a trusting relationship can be created. When a broker applies for a license, certain criteria and requirements must be met. A violation of the policy means in most cases a direct loss of the license.

Tickmill is even regulated several times. The broker has licenses from the FCA (UK), cysec (cyprus) and FSA (seychelles). It gives us a positive direct impression. European traders have to trade with the english license (FCA) or cysec license, which brings further benefits. On the other side, international traders have to choose the FSA license.

The safety of customer funds

The security of client funds should be given to a trusted broker. In online investments, trust in a broker is very important. Many smaller brokers with no license and experience sometimes handle money incorrectly. In order to avoid such a fraud, one should pay attention to certain criteria in broker selection.

Tickmill insures client funds separately from corporate funds to manage. For this purpose, the barclays bank is used, which operates internationally and is always liquid. In addition, client funds will be protected in the unlikely event of a bankruptcy or financial dilemma of tickmill with the financial services compensation scheme (FSCS) of up to £ 75,000. This is a very high value compared to other brokers, which usually have no deposit guarantee or a smaller one.

Regulation and safety:

Regulated by FCA, cysec, and FSA

Customer funds are managed by barclays bank

High deposit guarantee of 75,000 GBP (FCA license)

Safe website communication

Review of the tickmill conditions for traders

Tickmill is a true NDD broker (non-dealing desk) with well-known liquidity providers. It is traded herewith excluded conflict of interest between broker and customer. This is a big advantage as it is not a market maker.

There are more than 84 instruments available on the market. The broker is constantly trying to expand its offer and, for example, integrate new assets such as bitcoin. The offer is quite manageable and the tickmill tries to specialize with its offer on currencies (forex). Cfds (contracts for difference) are also available for commodities, government bonds or stock indices. Individual shares cannot be traded on this broker, so here’s a small smear in the rating that must be made.

Tickmill is characterized by its extremely tight spreads and low commission. We have compared many providers in recent years and tickmill is and remains the cheapest. The typical spread in the EUR/USD is only 0.00 – 0.01 pips small and the commission is a maximum of $ 2 per traded $ 100,000 (1 lot) in the pro account. Traders with higher deposits can even benefit from even smaller commissions ($ 1).

In addition, there are no requotes, as it is a true forex broker. This means you will always be able to open and close a position for the next best price in the market. The liquidity is always given by the various liquidity providers and the slippage is also very low on business news.

The best conditions:

Very low spreads starting at 0.0 pips

The extreme low commission in pro and VIP account is a huge advantage

Pay only 2$ (pro) or 1$ (VIP) commission per 1 lot traded

Fast execution and high liquidity

More than 50 forex pairs

Max. Leverage of 1:500

(note: get 5% spread rebate with the codes: IBU13836682 (EU) & IB60353132 (international))

Tickmill trading platform test

As a trading platform, the metatrader 4 is offered to you. This is a proven and worldwide trading platform for private and professional traders. The platform is available for the browser (web), desktop (download), android (app) and ios (app). With the metatrader, you can easily and flexibly access the markets of tickmill from anywhere in the world.

The metatrader is perfect for any trader who wants to earn sustainable money in the markets. Even with small capital can be traded, because there are micro lots available. In addition, there is always a guaranteed execution at tickmill and no partial execution.

Professional charting and analysis

A trading platform should be user-friendly and flexible. This can offer the metatrader. Several chart settings for the technical analysis are adjustable. Use the well-known candlesticks for an even better analysis of the markets. Tickmill also provides educational tutorials for beginners.

In addition, use free indicators, which are adjustable for your personal strategy. The metatrader comes with a lot of tools after installation. If you do not have enough, you can add additional tools to metatrader 4. Use self-programmed indicators for every chart.

Facts about the platform:

Flexible and user-friendly trading platform

Available for every device

Free indicators

Very many different analysis tools

Automated trading possible

Available for any device

In addition, tickmill offers education material and webinars for its clients.

Trading tutorial: how do forex and CFD trading work?

Forex is the largest market worldwide. Daily several trillions of dollars are being transacted in this market. That is why it is also highly liquid and interesting for beginners and experienced traders. Tickmill offers over 60 different currency pairs. Including many currencies from emerging markets. This is a huge advantage for those who are looking for an exotic currency pair for trading. For currencies, you can bet on falling or rising prices. Buy one currency and sell the other currency from the currency pair. The difference in the price is well written as profit.

Cfds are also offered. They are leveraged derivatives that can be traded on a variety of values. For the opening of a CFD trade, you do not buy directly the underlying asset, but only the contract to that value. This has several advantages because you can act with a high level of leverage and very easily place short trades. The broker rounds off the offering with cfds on stock indices, commodities, precious metals, and bonds.

Invest in falling or rising prices and secure the position with a stop loss and take profit. These are limits that automatically close your position. Since the calculation is sometimes confusing, tickmill offers a forex calculator. With this calculator, you can determine your risk and the position size in just a few seconds.

Tickmill offers fast order execution and high liquidity

Tickmill has several data and data centers around the world. In metatrader 4 you can choose the best access (server) for you. The broker is also characterized by its low latency. With the connection to the live server in london I have a latency of under 30 ms. If that is still too slow, you can rent a VPS server.

Personally, we had no problems with the order execution. The website also emphasizes that there are no requotes. Even with large position sizes 30 lot + can be traded easily. You always get a direct and immediate execution at the best prices.

Tickmill is a non-dealing desk broker, which has a similarity to an ECN broker. The difference between NDD and ECN is that the broker still sits between the market and clients. An obligation to pay additional funds can be excluded.

Use a VPS-server for the best connection

The provider allows any strategies and automatic programs. Expert advisors (eas) can run 24 hours a day automatically through a VPS server at tickmill. The latency is very low and the price from $ 22 a month too.

The best choice for automatic programs

Low latency

Cheap fees (22$ per month)

Tickmill automated trading is possible

Tickmill allows every strategy and also automated programs. As mentioned above you can rent a VPS server very cheap. In connection with the metatrader 4 it works without problems and the setup is very simple. Program automatic programs for your trading or use provided trading systems. Today, more than 50% of the order executions are made automatically in the forex market.

Here you can see again that tickmill is a serious NDD broker. Dubious brokers forbid strategies or automatic programs. In addition, tickmill has no limit for stop-loss and take-profit brands. So it can be traded very small movements. Due to the low fees, it is worthwhile to scalping and day trading.

VPS-server allows you trading 24/7 on tickmill.

How to open your free tickmill account:

Another plus point for tickmill is the simple depot opening. According to the website, you need a maximum of 3 minutes for this and we can confirm this personally. Fill in the form with your personal data. Then you get direct access to the customer portal of tickmill. In addition, your email must be confirmed.

After that, the account has to be verified. Thanks to the strong regulations, brokers are not allowed to pay out to unverified customers. Even after the first deposit, the account must be verified urgently. Since our account is a bit older, we can not tell you whether a deposit without verification is possible.

For verification, it is sufficient to upload your ID and proof of address. The broker confirms the documents within 24 hours (weekdays). For even faster verification, contact support and say that your documents have been uploaded. Then you have access to the full functions of the trading account.

Unlimited demo account for beginners at tickmill

The free demo account of tickmill is perfect for beginners or experienced traders. It is unlimited and without expiration time. Traders can trade the markets with virtual assets and simulate real trading. Experienced traders learn new strategies or test new markets. For the demo account, no deposit or verification is necessary.

(note: get 5% spread rebate with the codes: IBU13836682 (EU) & IB60353132 (international))

3 different account types – which one you should choose?

Tickmill offers 3 types of accounts for traders. Interesting for us is only the pro and VIP account. From our experience, it is not worth the classic account to open, because the fees are accordingly higher than in the pro account. In the following text, we will inform you about the terms of each account.

As described above, the fees are sensationally low. Read the table below for more details. The pro accounts commission is only $2. So you pay only a fee of $4 per completed trade. When you open a VIP account, you save another 50%, because you only pay $2 for each completed trade. Even with our code (under the registration button) can save another 5%.

Tickmill gives you the exact interbank spreads from 0.0 pips. Trading is smooth and fast processing is provided by european servers. Upon request, an islamic account without swaps (interest) can be created.

Classic	pro	VIP
min. Deposit:	100$	100$	50.000$
spreads:	1.6 pips	0.0 pips	0.0 pips
leverage:	max. 1:500	max. 1:500	max. 1:500
commission:	0$	2$ per 1 lot traded	1$ per 1 lot traded

Info: tickmill also offers its european customers to sign up as a professional trader and keep the high leverage of 1: 500.

The VIP account is the best choice for high volume forex traders

High-volume traders or companies can open a VIP account. From a deposit of 50,000$, you have even cheaper fees. You then only pay $ 1 per traded lot. This makes $ 2 per completed trader. These low costs can generate an increased profit. In addition, stop orders and limit orders are allowed close to market prices. This is a very good offer in comparison.

In summary, tickmill account types offer a great opportunity for every trader. The terms are very good and much better than other forex brokers. No matter if you want to trade the markets with small or big capital, tickmill is the right decision for beginners or advanced traders.

Compare the terms between tickmill and other brokers yourself. Tickmill is always the cheapest and has, therefore, made the first place in my forex broker comparison. With no other broker, you get so cheap trading fees without conflict of interest.

Review of the deposit and withdrawal of tickmill

At tickmill you can deposit and withdraw using the same methods. Bank transfer, credit card, skrill and neteller are available. On the payment and deposit, there are no fees.

My tests and experiences have shown that the payouts are very fast and the money is sent on the journey within 24 hours. You will receive a confirmation email after payment when the payout has been made.

How high is the minimum deposit? – trading with a small amount of money

The minimum deposit is regularly 100$/€. You can trade in the trading platform as low as 0.01 lot. This is a very small position size and the risk is in most cases only a few cents high. The provider is thus broadly positioned because even larger investors can trade without problems at this broker.

Tickmill deposit and withdrawal methods

Questions and tips for your transactions:

Open your free account at tickmill. Complete your data and verify the account. After verification, all functions of the broker are available to you.

How much money should you deposit? – this is entirely up to the goals and ideals of the trader. Some trading strategies, for example, are not feasible with a small sum of € 100. Be sure to test the demo account before making your first deposit.

Are my transactions with tickmill safe? – yes, tickmill works only with the best banks and verified payment providers. You can check all transactions in the customer portal.

Also, open several trading accounts in the customer portal. Thus it is possible to use different accounts for different strategies. An internal transfer takes only a few minutes.

New: now use sofortüberweisung (klarna) or paysafecard to capitalize your account even faster.

Is there negative balance protection?

The negative balance of an account is very feared by many traders. And this is also very justified. For some brokers, traders in the past have been able to build up debt or negative balance through extreme market conditions, which had to be balanced.

At tickmill there is no additional funding and you are thus protected against a negative balance.

With tickmill you cannot lose more money than your deposit.

Tickmill service and support for traders

One of the last important points in this review is trader support and service. Tickmill offers support in more than 10 different languages (also africa, asia, india, thai clients). From our experience, the broker employs international employees who exclusively look after every customer.

Support is available to customers 24 hours a week, 7 days a week. The support is provided by chat, phone or email. A trader should not lack anything here. My tests showed that the support is always fast and reliable!

Tickmill presented itself in different countries, for example at the world of trading in frankfurt. The broker had his own stand there and sought direct contact with his clients. Service is one of the most important things for traders and tickmill shows confidence and seriousness.

To further improve its service, well-known and professional traders are invited to hold webinars or other information sessions. Well-known names are giovanni cicivelli or mike seidel. The saying “by traders for traders” also applies here. Tickmill tries to give its customers the best performance combined with good service.

In summary, the support from tickmill is very good and professional. Our personal concerns were always resolved very quickly and we can make a clear recommendation here. Overall, the overall package is rounded off with a great service.

Support:	available:	phone number:	special:
phone, chat, email	24/5	+44 (0)20 3608 6100	webinars, 1 to 1 support, events

Conclusion of my review: tickmill is one of the best forex brokers

My experience and tests show on this page that tickmill is a very good broker. He gets from us a 5-star rating. We recommend this forex broker with a clear conscience. Tickmill offers an offer for every type of trading.

With the world’s cheapest fees, the broker is currently topping any competitor. The trading experience is unique with this broker and you save a lot of money on the order execution. For every trader who trades forex, this is the right provider.

If you have further questions, contact support by phone or chat. International employees are ready to help you.

Tickmill is a trusted Forex Broker (Stamp)

Advantages:

UK regulation and high customer safety

The cheapest forex broker of the world

No requotes and high liquidity

The best execution

Good service and support

The best conditions for forex traders

Very low trading fees

Disadvantages:

No stocks for trading

Tickmill is the best forex broker in the world because of the cheap trading fees and good execution. (5 / 5)

Read our other articles about tickmill:

Tickmill regulation

Tickmill regulation – tickmill has already introduced you to the broker. Based in the UK, this broker is internationally recognized and popular. But even if it is not so popular in bangladesh, many are interested in trading this broker today. We have already provided some details about this broker for your benefit. If you would like to know more about this broker, please see the tickmill broker section. In today’s article, we will detail the details of this broker’s regulation. So let’s get started.

What is regulation?

Regulation is the process by which a broker is governed by or by any rules. That is, any regulation or policy that a broker operates in is called a regulation. If, for example, all the banks and financial institutions of bangladesh are operated through a central bank, that is, “bangladesh bank”.

If a bank creates a problem for you or if you have a complaint about a bank, you can report it directly to the central bank. In that case, the central bank will handle your complaint.

From this, we can understand that regulation is important. Now the question is, what are the requirements of the regulation for forex brokers?

The answer is simple if you can understand. Whatever brokers we choose to trade with, we start depositing our funds on the real trade. There is no forex broker direct office in our country right now. Now how do you know if a broker will kill your money?

Regular regulation is needed to prevent this problem. The brokers that are regulated, those brokers are very transparent to their customers. That is, there is no chance of concealment here. As a result, these regulated brokers are very confident about their customers.

If your broker is not regulated

In a word, if the broker does not have a regulation, the broker cannot be traded in any way or deposit of any kind of fund. Because such a broker has no trust in him. Many today may not be tomorrow. Hope you understand.

If your broker is not regulated then it is better not to trade in that broker. Now whether such a broker offers you any kind of opportunity. All of these brokers, in a word –

Stay away

Tickmill regulation

As everyone who is trading forex knows, regulation is very important in choosing a broker. This regulation is governed by a broker. The most powerful regulation of a forex broker is the FCA, known as the UK-based financial conduct authority. Forex brokers there are very few brokers who have this FCA regulation.

The tickmill broker is regulated by the FCA regulation. Also, this broker is regulated and regulated through cysec and FSA. For your benefit, I present the information of this broker’s regulation below to you.

Financial conduct authority (FCA): register number: 717270 (reference)

Seychelles financial services authority (FSA): licence number: SD008 (reference)

Cyprus securities and exchange commission (cysec): licence number: 278/15 (reference)

Also, this broker is bafin (germany); CONSOB (italy); ACPR (france); registered by CNMV (spain) and is managed by the committee. For more detailed information on this, please visit the broker’s official website – www.Tickmill.Com.

So, through tickmill regulation, you can capture the reliability of this broker. This is why this broker is so popular and very trusted internationally.

Tickmill headquarter

Tickmill is a trading name of tickmill ltd seychelles. Registered and head office: 3, F28-F29 eden plaza, eden island, mahe, republic of seychelles. Tickmill ltd is a company registered in the republic of seychelles, number: 8414279-1. Authorized and regulated by the seychelles financial services authority.

UK office: fore street, EC2Y 9DT, london, united kingdom

Cyprus office: kedron 9, mesa geitonia 4004, cyprus

Seychelles office: 3, F28-F29 eden plaza, eden island, mahe

Note: the above information is presented as the address of the broker’s office. You can also find detailed information on the broker’s website. For more information on this broker’s details, please visit the tickmill review article.

If you want to know more details about the broker you can email us or tell us in the comments section below. We will try our best to assist you.

Tickmill review

Established in 2015, tickmill is an online forex and CFD broker that is regulated in multiple jurisdictions. They provide online trading services to their retail and institutional clients across the globe, offering over 80 tradable instruments across currency pairs, stocks, indices, bonds, metals, energies, and other commodities via flexible trading platforms. The broker offers quality trading conditions, including competitive spreads and commissions, good execution speeds without requotes, prompt customer support services, and helpful trading tools. However, they do not provide enough educational resources.

Tickmill review – metatrader 4 (MT4) mobile platform

Tickmill review introduction

In this tickmill review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.

You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including tickmill.

Tickmill platforms & tools

Tickmill provides their clients with the metatrader 4 (MT4) platform, which is the most popular trading platform among forex traders. MT4 is available as a web trading terminal that runs on most modern browsers, desktop applications for mac and windows computers, and mobile apps for ios and android compatible devices. The broker also provides a FIX API connection to private and institutional who maintain a minimum account balance of $500,000.

Tickmill review – autochartist

In addition to the tools that come with the trading platforms, the broker provides a selection of useful tools, such as autochartist, technical chart patterns, fibonacci patterns, volatility analysis, key levels, market reports, performance statistics, myfxbook autotrade, economic calendar, trading calculators, tickmill VPS, and one-click trading

Tickmill research & education

The broker has an FAQ section on their website, which answers some common trading questions. Apart from that, and probably the news section, there are no education materials provided by this broker.

Tickmill review – trading calculators

Tickmill trading accounts

The broker offers 3 account types:

Classic account: minimum deposit $100, minimum lot size 0.01, max leverage 1:500, floating spreads from 1.6 pips and no commissions

Pro account: minimum deposit $100, floating spreads from 0 pips, a $2 commission, minimum lot size 0.01, and max leverage 1:500

VIP account: floating spreads from 0 pips, a $1 commission, minimum deposit $50,000, minimum lot size 0.01, max leverage 1:500,

Non-professional EU traders have a maximum leverage of 1:30. There may be additional fees, so check with the broker.

Tickmill account funding

Tickmill accepts a good variety of deposit and withdrawal methods, including bank transfer, credit card, and online payment processors, such as skrill, neteller, fasapay, and unionpay. Bank transfers may take 3-7 business days to be processed, while credit cards and online payment methods are processed in less than a day.

Tickmill customer service

Customer support service is available from monday to friday during trading hours. Support is offered in english, italian, spanish, russian, chinese, indonesian, vietnamese, and arabic. You can reach the support team via phone, online chat, and email

Tickmill regulation

Tickmill is a brokerage brand operated by 3 related companies within the tickmill group, which are regulated in different jurisdictions, as follows:

Tickmill UK ltd is authorized and regulated by the financial conduct authority (FCA) — the agency that supervises financial service firms in the UK

Tickmill europe ltd is licensed and regulated by the cyprus securities and exchange commission (cysec) as a CIF limited company.

Both tickmill uk and tickmill europe also abide by the ESMA rules and follow the mifid II

Tickmill ltd is regulated as a securities dealer by the financial services authority (FSA) of seychelles

Tickmill review summary

Tickmill is an online broker that is regulated in multiple jurisdictions. They provide trading services in over 87 instruments via the MT4 platform, offering competitive spreads and commissions, advanced trading tools, and fast executions.

It is worth mentioning that some of the trading products and services in this tickmill review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the tickmill broker website which you can visit by using the link below.

Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.

Tickmill

Spreads

Liquidity

Commissions

Support

Regulation

Features

MT4 platform

Advanced trading tools like autochartist, technical chart patterns, fibonacci patterns, and volatility analysis

A good selection of tradable instruments

Multi-regulated broker

Competitive trading conditions

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Tickmill expands global footprint with FCA regulated UK entity

Tickmill's UK entity is now licenced and regulated by the UK's financial conduct authority.

Tickmill, a seychelles based online forex and CFD broker, has announced that its UK entity, tmill UK limited, is now licenced and regulated by the financial conduct authority (FCA).

FCA licence

The FCA is the UK’s financial regulatory body, the framework within which the country’s financial services firms must operate. FCA regulated brokers must adhere to the strictest financial standards, including capital adequacy requirements, full segregation of client funds and transparency of business operations.

In a statement issued by tickmill today, the company said that the acquisition of the prestigious FCA licence is an important milestone its global organisation which currently serves a client base of over 20,000 clients and processes more than 3 million trades a month.

As an STP and ECN broker with a strong presence in key markets in asia, the middle east and africa, the company is now set to expand its reach in the UK and the european union, providing traders with the opportunity to benefit from competitive pricing, high levels of financial security, superior execution speed and personalised customer support.

New clients from the european union and many other countries will be able to open a trading account with the UK entity with immediate effect.

New appointment

Tickmill UK will be headed up by duncan anderson, who has been appointed as the chief executive officer of tickmill’s UK operations. With extensive experience in financial industry, anderson held various management positions in the financial industry, bringing with him strong industry knowledge that will support tickmill’s vision to become the provider of choice.

Tickmill review 2020

Tickmill is a NDD (no dealing desk) forex and CFD broker. They are regulated with top-tier regulators i.E. FCA (UK) & cysec. They offer demo account and live account with minimum deposit of $100. Read our tickmill review to find if they are good for south african traders.

Tickmill is a UK based forex & CFD broker established in 2014. Tickmill ltd. Is regulated with FSA in seychelles, as tckmill UK ltd. With FCA in UK, and with cysec in cyprus.

Tickmill is a no dealing desk (NDD) broker, which means that all orders will be passed to their third party liquidity providers. This means that tickmill have no conflict of interest with their traders.

They offer metatrader 4 as trading platform to their clients, but they don’t offer the latest MT5 platform. Moreover tickmill offers 24/5 support via email, chat, international phone support.

Read our indepth review on tickmill to know more about them before choosing them. We have compared their fees, support, platforms & more.

South african clients can open trading account with tickmill with minimum deposit of $100.

Tickmill is a NDD broker so there is no conflict of interest with their clients.

Competitive spread of 1.6 pips on average for EUR/USD with their classic account. The spread is even lower with their pro account (but includes commissions per lot).

No deposit and withdrawal charges.

Large trading instruments including currencies & cfds.

Tickmill is not regulated with FSCA. But they have applied with FSCA (FSP no. 49464) since 20/04/2018 & their application status is currently “processing”.

No local phone number for support.

Tickmill does not offer the latest metatrader5 version.

Tickmill – a quick look

broker name	tickmill ltd
year founded	2014
website	www.Tickmill.Com
registered address	3, F28-F29 eden plaza, eden island, mahe, seychelles
tickmill minimum deposit	$100
maximum leverage	1:500
major regulations	bafin, cysec, FCA.
Trading instruments	currencies, cfds on commodities, stock indices, bonds
trading platforms	MT4 (metatrader4), webtrader

Regulation and safety of funds

We consider tickmill to be a safe forex broker for south africans based on their regulation with tier 1 regulator FCA. But they are not yet regulated with local regulator FSCA.

Financial conduct authority (FCA):

Cyprus securities exchange (cysec): tickmill europe ltd is registered with cyprus securities exchange under licence number 278/15 since 2015.

Financial service provider/FSCA (pending): tickmill is not regulated with FSCA currently. But we have checked & they have an application under processing status. Tickmill south africa (PTY) LTD had applied for FSCA regulation on 20-april-2018 (FSP no. 49464).

The german federal financial supervisory authority(bafi): tickmill also registered with the german federal financial supervisory authority under registration number 146511.

Note: south african traders that sign up on tickmill are registered under FSA seychelles regulator.

Tickmill fees and spread

Tickmill’s fees depends on your account type with them. We have researched & following is a breakdown of their trading & non-trading fees with all their account types.

Average spread:

Commission with pro & VIP accounts: tickmill only charges commission on trade only with their pro & VIP accounts. But there is no commission on classic account. There is a commission of $2 per side of the trade (for open & close) i.E. $4 for a trade. The comission is lower with their VIP account ($50,000 deposit required) i.E. $1 commission per side per traded lot, which makes it $2 for a trade.

No inactivity fee: tickmill does not charge any inactivity from their clients. There are many brokers in south africa who charge inactivity from their clients for no trading activity after few months.

Rollover charges: this fees is charged or credited to your tickmill trading account when you have an open position overnight. Depending on the currency pair you are trading, rollover fees would be credited or debited from your account at the end of the forex day i.E. 5 PM. There is no rollover fees only for islamic accounts.

No withdrawal fees: tickmill does not charge any transfer fees on deposit or on withdrawals. But in case of wire transfers, the intermediary banks ma charge fees or ewallets (like skrill, neteller etc.) may also charge you fees, which is not covered by tickmill.

Tickmill account types

Tickmill demo account

Demo account is also provided by the tickmill to help beginner to practice and learn forex trading.

You can signup with them on their website and start testing your trading strategies using the demo account. Once experienced, you can swap anytime to live account.

In demo account MT4 trading platform is offered by them. You can download it on your PC and laptop and start your trading in just one click.

Tickmill live accounts

Market execution: tickmill is the NDD (no dealing desk) forex broker so they offer direct market execution. Tickmill claims that it doesn’t have any requotes.

Account base currency: tickmill does not offer ZAR accounts. But you can choose USD, EUR or GBP as your base currency.

Classic account: classic account start with minimum deposit of $100 and with the maximum leverage of 1:500. Spread start from 1.6 pips in this account. There is no commission in this account and swap-free islamic account option is also available.

Pro account: spread in pro account start from 0.0 pips. The base currency of this account can be select from USD, EUR, GBP, PLN. Market execution offered in this account and average execution speed is 0.15 seconds. This account is the most popular and recommended account types as per the broker.

VIP account: this VIP account start with minimum balance of 50,000 units of your selected account currency i.E. $50,000 if your account currency is USD. You can choose and select any of the base currency from USD, EUR, GBP, PLN in this account. You can trade 62 currency pairs, cfds on 15 stock indices, precious metals, bonds in vip account with spread of 0.0 pips.

How to open account with tickmill

Step 1) click on create account: open the home page of the tickmill and click on create account link at the top of the page.

Step 2) client area registration 1/2: now you will be redirected to page where you need to enter your personal details and choose your regulator as shown in the below screenshot.

Step 3) client area registration 2/2: after filling your personal details, you need to fill your financial details and set a password for your account with them.

Step 4) validate your e-mail address: now you need to verify your email by clicking on the link sent to them on your mentioned email.

Step 5) complete account verification: at last you need to verify your account by submitting your ID proofs. You can upload the scanned copy of your ID proof like passport, driving licence etc. And address proof like post paid phone bill, electricity bill etc.

That all! Your account has been created now. You can check your email to check all the details to start trading with them.

Tickmill trading platforms

Metatrader 4 (MT4): you can download the MT4 trading platform and install it on your PC, android and ios mobile. You can start using their demo account with MT4 trading platform. Traders can see charts with multiple time frame in there MT4. Moreover various indicators and can monitor various trading process is available in MT4.

Web trader: if you don’t want to download it in your device then you can access it online using the login details provided to you by them. This platform will give access you to do your task using a browser and just a internet connection.

Tickmill deposit & withdrawals methods

Tickmill offers various deposit & withdrawal methods. Let’s first look into their deposit methods.

Deposit methods

Credit/debit cards: you can use your debit and credit cards offered by VISA and master card. The payment will be processed within working day made using this method.

Bank transfer: traders can also add the funds using the transfer from their bank account to tickmill bank account. You can contact them and informed them after payment has been made.

E-wallets: you can also transfer the funds using the E-wallets like skrill, neteller, paysafecard, fasapay, china unionpay. The processing time is 1 working day.

Withdrawal methods

Credit/debit cards: you can send your card details while requesting for the withdrawal. And this can take 1 working day.

Bank transfer: traders can also send their bank account details to them by contacting them on chat, email, etc.

E-wallets: you can also send your E-wallets details like skrill, neteller, paysafecard, fasapay, china unionpay. The processing time is 1 working day.

Tickmill bonus

Tickmill has a no deposit bonus offer for new traders, and it is available in south africa as well.

$30 welcome account:

To avail this bonus, you just need to create an account with them, and submit your KYC documents for verification. The bonus amount will automatically credited to your account once your account has been verified.

You can use this welcome bonus for your trading. And the profit earned from trading using this deposit can be withdrawn.

Tickmill customer support

We found tickmill’s support to be lacking in some parts. We tested their chat support & email support. For both chat & email, we asked them basic questions, below is a review our overall experience with their support.

Slow chat support:

Email support: tickmill offers support via email as well. You can also send a mail to their support team at email [email protected] they normally reply within the same business day.

No local phone number: tickmill does not have a local phone number in south africa. So if you want to call them, you would need to call on their international phone number +852 5808 2921 & +65 3163 0958, available from monday to friday.

Tickmill is not a bad broker.

On the good side, they are a 100% NDD broker that is regulated with FCA. Their overall trading fees is competitive with some accounts. Also, they do not charge any deposit and withdraw fee, which is good.

But they don’t only offer MT4 platform for now. Also, their instruments other than forex are very limited. Their support also is not the best out there.

Overall, there are better forex brokers for south african traders to choose from.

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Tickmill research & education

The broker has an FAQ section on their website, which answers some common trading questions. Apart from that, and probably the news section, there are no education materials provided by this broker.

Tickmill review – trading calculators