Tickmill Review 2023 – Pros and Cons

UPDATED ON :

Tickmill is a global forex and CFD broker that provides access to a range of financial instruments, including forex, commodities, indices, and shares. The company was founded in 2014 and is headquartered in London, UK, with additional offices in Seychelles and Cyprus.

Tickmill is regulated by several financial authorities, including the UK’s Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Seychelles Financial Services Authority (FSA). This ensures that the company adheres to strict regulatory requirements and provides a safe and secure trading environment for its clients.

The broker offers commission-based trading, with low spreads and competitive commission rates. It also provides multiple trading platforms, including MetaTrader 4, MetaTrader 5, and the WebTrader platform, as well as free demo accounts for clients to practice their trading strategies.

In addition to its trading services, Tickmill is committed to providing quality education and support to its clients, offering regular webinars, educational materials, and a dedicated customer support team available 24/5 to assist clients with any questions or issues they may have.

Tickmill

Brokers Name

Tickmill

Regulation

CySEC, FCA, LFSA, FSCA

Established

2014

Headquarters

Seychelles

Trading Desk

STP

USA Clients

no

24H Support

Yes

Weekend Support

no

Website Language

English, Malay, Polish, Indonesian, Arabic, Thai, Chinese, Vietnamese, Portuguese, Spanish

Account Details

Accounts

Classic Account, Pro Account, VIP Account, Islamic Account, Demo Account

Min. Deposit

$100

Base Currencies

USD, EUR, GBP, PLN

Leverage

1:500

Spreads

1.6 pips

Fixed Spread

Yes

Margin Call / Stop Out

100% / 30%

Trading Platform

MT5, MT4, WebTrader

Trading Instruments

Bonds, Stock CFDs, Forex, Futures, Indices, Metals

Pros

  • Low spreads
  • Competitive commission rates
  • Multiple trading platforms
  • Good customer support
  • Regulated by reputable authorities
  • Wide range of tradable instruments

Cons

  • Limited educational resources
  • No social trading functionality
  • No copy trading functionality
  • Limited account types
  • No bonuses or promotions offered

Trading Features

Commission

Yes

Mini Accounts

Yes

Standard Accounts

Yes

VIP Accounts

Yes

Pro Accounts

Yes

Islamic Accounts

Yes

Segregated

no

Managed Accounts

no

Demo Accounts

Yes

Trading Services

Hedging

Yes

News Trading

Yes

Scalping

Yes

Automated Trading

Yes

Trading Signals

no

Educational Service

Yes

Copy Trading

no

Mobile Trading

Yes

Trading Markets

Indices

Yes

Forex

Yes

CFDs

Yes

Commodities

Yes

ETFs

Yes

Stocks

Yes

Bonds

Yes

Crypto

Yes

Funding

Deposit

Bank Transfer, Crypto, Visa, MasterCard, Skrill, Neteller, Sticpay, FasaPay, WebMoney, UnionPay

Withdrawal

Bank Transfer, Crypto, Visa, MasterCard, Skrill, Neteller, Sticpay, FasaPay, WebMoney, UnionPay

Contacts

Phone

+852 5808 7849

Email

support@tickmill.com

Address

3, F28-F29 Eden Plaza, Eden Island, Mahe, Seychelles

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