Tickmill is a Global broker for trading Forex and CFD finacial derivatives.the main head office is located in London UK.over the years,the company has proven itself to offer profesional traders trading on the best terms,also there are branches in cyprus and the seychelles.
According to the website,tickmill must provide a very good trading experience with the cheapest spreads and commissions,which we will take closer look at in the following tests.Furthermore ,brokers shine with many different awards in the industry and allow traders to pursue any trading strategy.
Tickmill has licences from FCA(UK),CySEC (Cyprus) and FSA (Seychelles).This gives us a positive direct impression.European traders must trade with a UK licence FCA or CySEC which brings further benefits.On The other hand,international traders must choose an FSA license.
Tickmill main features
▪ Broker Name: Tickmill
▪ Founded: 2014
▪ Company Office: Mahe,Seychelles
▪ Regulated by: FCA,FSA and CySEC
▪ Instruments: Forex,CFD,Cryptocurrency,Stocks
▪ Minimum Deposit: $100
▪ Platform: Metatrader 4,Web Trader,
▪ Hedging: Yes
▪ Scalping: Yes
▪ Max leverage: 1:500
▪ Islamic Account: Yes
▪ Base currency: USD,GBP,EUR
Average Spread
EUR/USD: 0.2 Pip
GBP/USD: 0.9 Pip
USD/JPY: 0.6 Pip
Account Types
Tickmill offers Three different types of real accounts,of course in addition to demo account types.Although trading conditions are getting better with the increase in the type of account used,the main differentiating factor is the initial deposit value needed.
1. Classic Account
This entry level account requires an initial deposit of 100 USD and like all other type of Tickmill accounts,this type of account also offers interest free options for muslim.Spreads start from 1.6 pips and maximum leverage is 1:500.this is the only type of account that uses large spreads rather than applying commision fees for each trade.
2. Pro Account
This account requires a minimum deposit of 100 USD and is an entry-level account for professional traders.Smaller spreads are also available for commissions of 2 USD per side per 100.000 traded(1 standard lot).The pricing and commission structure are standard and in accordance with what other STPbrokers offer their clients.
3. VIP Account
This type of account is for traders with high trading volume,and requires a minimum deposit of 50.000 USD.Commission is withdrawn at 1 USD per side standard lot traded.this is a type of professional account that has many advantages and offers very good trading conditions.
Trading Platform
Tickmill supports the Metatrader4 (MT4) platform as well as web and mobile application versions of MT4.MT4 is considered a leader in the industry and is the trading platform most commonly used by Traders.There are a number of benefits you get from registering with MT4 broker and using MT4 in trading:
- The MT4 community is huge,so there will be many source in writing and video to help novice and experienced traders
- MT4 has low computer system specification requirements,so you don't have to buy a new device or computer to be able to use it
Deposit and Withdrawal
At Tickmill it’s crucial that you’re able to manage your funds effectively. So, they provide a range of secure, instant and easy to use deposit and withdrawal options.All deposits starting from 5,000 USD or equivalent, processed in one transaction by bank wire transfer, are included in Zero Fees Policy. *
Tickmill will cover your transaction fees up to 100 USD or equivalent. Just email a copy of your bank statement or any other confirmation document for the transferred deposit to Support Team. Within one calendar month after the deposit was made they will compensate your fee.
Tickmill accepts deposit and withdraw through a variety of local and global payment methods,by applying the zero fees policy.Payment methods accepted include:
- Wire Transfer min deposit 100 USD
- Visa/Mastercard
- Neteller
- Skrill
- Fasapay
- STICPAY
- QIWI
- Web Money
- Nganluong.vn
- Union Pay
- Local Transfer Internet Banking
🔵Create An Account🔵
