Recommended for: Forex trading 4.1/5
Highly Trusted broker: Well Regulated
Tickmill is the trading name of Tickmill Ltd, a member of Tickmill Group, a Forex and CFD broker providing premium trading products and services with transparency and innovative technology. The broker offers over 180 trading instruments including Forex, Stock, Indices, Metals, Bonds, Cryptocurrencies, and more.
The company was established in 2014 with its headquarters in London, UK as well as offices in Seychelles. Tickmill strives to innovate a unique trading experience for its clients while understanding traders’ rights as the major part of the trade, for this purpose company, continuously facilitates trading conditions.
Is Tickmill a legit broker?
See how Tickmill is regulated and whether you should have any concerns using it.
Tickmill pros and cons
Pro
- \Fully regulated broker
- Globally recognized and multiple awarded broker
- Standard and Pro trading conditions
- Competitive trading costs and commissions
- Excellent support, learning, and research tools
Cons
- Conditions vary according to regulation and entity
- No 24/7 customer support
Fees
Tickmill has low forex and non-trading fees, including no inactivity or account fees. However, CFD financing rates are high for a few assets. Tickmill also does not apply non-trading fees.
Account opening
Tickmill’s account opening process offers a rewarding experience. It is fully digital, user-friendly, and requires no minimum deposit for the Standard account.
Deposit and withdrawal
Tickmill has a zero-fee policy, where no charges or fees are applicable to monetary transactions.The Tickmill minimum deposit is $100, which is a great opportunity for traders of even very small sizes. However, to get a VIP account, you have to reach a minimum balance of $50,000.
Web trading platform
Tickmill’s web trading platform is provided by MetaTrader. It is highly customizable, available in many languages, and has a clear fee report. On the other hand, it lacks a two-step login and price alerts, and its design is outdated.
Mobile trading platform
Pepperstone has a great mobile trading platform offered by MetaTrader 4 and MetaTrader 5. It is well-designed and user-friendly. However, it lacks a safe login.
Tickmill offers highly secured and powerful trading platforms MetaTrader 4 and MetaTrader 5 available via desktop, web, and mobile versions.
Desktop trading platform
In design and functionality,Tickmill’s MetaTrader 4 and MetaTrader 5 desktop platform is almost the same as the web trading platform. One major difference is that you can set price alerts on the desktop trading platform.
Markets and products
At Tickmill, you can only trade forex and a range of CFDs (commodity, stock index, ETF, share, and crypto CFDs). This means that many popular asset classes such as real stocks and ETFs are missing.
Research
You can find trading ideas based on technical tools and read market reports written by Tickmill’s research team.
Customer service
Tickmill’s customer service is great. You can reach them on several channels and will get quick and relevant answers.
Education
Tickmill proposal and offering is the established Learning Center along with a professional Trading Blog where traders can find recent updates, various educational materials, and educational programs designed to develop skills and knowledge.
Online webinars, live market analysis, technical analysis, regularly held seminars, and traders community of minded traders are all at a very good level and available for all.
Safety
Tickmill is considered a good broker with safe and very favorable trading conditions with transparency and innovative technology.
