Tickmill broker minimum deposit

Tickmill's trading fees are low. There are different cost structures for different account types.

Actual forex bonuses

Tickmill Review 2021, tickmill broker minimum deposit.

We tested the pro account, which charges a commission but offers tight spreads. You can also open corporate and swap-free islamic accounts. The main difference between islamic aand other accounts is that instead of daily swap rates, an administration fee is charged if you hold some exotic currencies for more than 3 nights.

Tickmill review 2021

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Summary

Recommended for forex traders looking for low fees and prefer metatrader 4 platform

Tickmill is a global forex and CFD broker, established in 2014. The company is regulated by several financial authorities globally, including the top-tier financial conduct authority (FCA) in the united kingdom.

Tickmill is considered safe because it is regulated by the top-tier FCA.

Disclaimer: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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 pros and cons

Tickmill has low forex and non-trading fees. The account opening is fast, easy, and fully digital. You can use a lot of options for deposit or withdrawal, and they're free of charge.

On the negative side, tickmill has a limited product portfolio as it offers only forex and cfds. Popular asset classes, such as stocks and etfs are missing. Trading platforms are provided by metatrader, and they have outdated designs. Finally, the news feed is basic and not structured.

Pros	cons
• low forex fees	• only forex and cfds
• fast and easy account opening	• trading platforms with outdated design
• free deposit and withdrawal	• basic news feeds

tickmill main features and highlights

��️ country of regulation	UK, cyprus, seychelles, south africa, malaysia
�� trading fees class	low
�� inactivity fee charged	no
�� withdrawal fee amount	$0
�� minimum deposit	$100
�� time to open an account	1 day
�� deposit with bank card	available
�� depositing with electronic wallet	available
�� number of base currencies supported	4
�� demo account provided	yes
��️ products offered	forex, CFD

Author of this review

Ádám nasli

Everything you find on brokerchooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

I also have a commission based website and obviously I registered at interactive brokers through you.

Especially the easy to understand fees table was great!

Tickmill review
fees

Tickmill has low forex, but average CFD fees. There is no fee for deposit, withdrawal, or inactivity.

Pros	cons
• low forex fees	• average CFD fees
• no withdrawal fee
• no inactivity fee

tickmill fees snapshot

assets	fee level	fee terms
EURUSD	low	pro account pricing: €2 commission per trade per lot plus spread cost. 0.1 pips is the average spread cost during peak trading hours.
GBPUSD	low	pro account pricing: £2 commission per trade per lot plus spread cost. 0.3 pips is the average spread cost during peak trading hours.
S&P 500 CFD	average	the fees are built into the spread, 0.4 points is the average spread cost during peak trading hours.
Inactivity fee	low	no inactivity fee

How we ranked fees

We ranked tickmill's fee levels as low, average or high based on how they compare to those of all reviewed brokers.

To get things rolling, let's go over some lingo related to broker fees. What you need to keep an eye on are trading fees, and non-trading fees.

Trading fees occur when you trade. These can be commissions, spreads, financing rates and conversion fees.

Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees.

Below you will find the most relevant fees of tickmill for each asset class. For example, in the case of forex and stock index trading the most important fees are spreads, commissions and financing rates.

We also compared tickmill's fees with those of two similar brokers we selected, axitrader and FXCM. This selection is based on objective factors such as products offered, client profile, fee structure, etc. See a more detailed rundown of tickmill alternatives.

To have a clear overview of tickmill, let's start with the trading fees.

Tickmill trading fees

Tickmill's trading fees are low. There are different cost structures for different account types. We tested the pro account, which charges a commission but offers tight spreads.

We know it's hard to compare trading fees for forex brokers. So how did we approach the problem of making their fees clear and comparable? We compare brokers by calculating all the fees of a typical trade for selected products.

We have chosen popular instruments in each asset class usually provided by the forex brokers:

Forex: EURUSD, GBPUSD, AUDUSD, EURCHF and EURGBP

Stock index cfds: SPX and EUSTX50

A typical trade means buying a leveraged product, holding it for one week and then selling. For the volume, we chose a $20,000 position for forex and a $2,000 position for stock index and stock CFD transactions. The leverage we used was:

30:1 for forex

20:1 for stock index cfds

These catch-all benchmark fees include spreads, commissions and financing costs for all brokers. Let's see the verdict for tickmill fees.

Forex fees

Tickmill has low forex fees. The forex fees are one of the lowest among the brokers we have reviewed.

Tickmill forex benchmark fees of a $20,000 30:1 long position held for one week

tickmill	axitrader	FXCM
EURUSD benchmark fee	$6.8	$5.1	$12.5
GBPUSD benchmark fee	$5.0	$4.3	$5.6
AUDUSD benchmark fee	$5.0	$3.4	$8.8
EURCHF benchmark fee	$4.7	$2.9	$3.3
EURGBP benchmark fee	$7.8	$5.2	$16.4

The low forex fees are mainly due to the low commission tickmill charges. The commission is 2 base currency units (first currency pair) per lot per trade. For example, it's €2 per lot per trade for EURUSD, while £2 per lot per trade for GBPUSD.

CFD fees

CFD fees are average.

Tickmill CFD fees for a $2,000 long position held for one week

tickmill	axitrader	FXCM
S&P 500 index CFD fee	$1.5	$1.3	$1.5
europe 50 index CFD fee	$1.2	$2.3	$1.6

Non-trading fees

Tickmill has low non-trading fees. There is no fee for deposit, withdrawal, or inactivity.

Tickmill non-trading fees

tickmill	axitrader	FXCM
account fee	no	no	no
inactivity fee	no	no	yes
deposit fee	$0	$0	$0
withdrawal fee	$0	$0	$0

Tickmill review
account opening

Tickmill has a fast and easy account opening process. Our account was verified within one business day. The minimum deposit is low, $100 for all account types, except VIP accounts.

Can you open an account?

Open account
73% of retail CFD accounts lose money

Tickmill accepts clients from all over the world. There are only a few exceptions, e.G. Customers from the US or canada can't open an account.

What is the minimum deposit at tickmill?

The required minimum deposit at tickmill is $100 . For a VIP account, you need to maintain a minimum $50,000 balance.

Account types

Tickmill has several account types that differ in pricing, minimum deposit, and minimum account balance.

Tickmill account types

pro	classic	VIP
minimum deposit	$100	$100	-
minimum account balance	-	-	$50,000
pricing	tight spread plus commission	wide spread, but no commission	tight spread plus commission
commission per $100,000 trade	$2	no commission	$1

Retail clients of tickmill ltd can use leverage up to 1:500 while retail clients of tickmill UK ltd and tickmill europe ltd can use maximum leverage of 1:30. If you qualify for a professional trader, you can trade with higher leverage, up to 1:500 (tickmill UK ltd) or up to 1:300 (tickmill europe ltd).

The criteria for professional clients:

An average frequency of 10 trades per quarter in the previous four quarters

Size of your financial instrument portfolio exceeds €500k

You have at least one year experience in a relevant financial position

You can also open corporate and swap-free islamic accounts. The main difference between islamic aand other accounts is that instead of daily swap rates, an administration fee is charged if you hold some exotic currencies for more than 3 nights.

How to open your account

Account opening is fully digital, fast and straightforward. You can fill out the online application form in a matter of minutes. Our account was verified within one day.

To open an account at tickmill, you have to go through these steps:

'choose your regulator' will determine whether you sign up for the tickmill site regulated by the UK, cyprus or the seychelles authority. We recommend going for the UK one or the EU one (cyprus) if available in your country

Fill in your name, country of residence, email address and telephone number

Add your personal information, such as your date of birth and address

Select the base currency

Provide your financial information and answer questions about your financial knowledge

Select your account type: pro, classic or VIP

Verify your identity and residency. You can upload a copy of your national ID, passport or driver's license to verify your identity, while utility bills and bank statements are accepted as proof of residency.

Fxdailyreport.Com

Benefits of trading with small amounts and list of forex brokers with a low minimum deposit

While we would all love to have tons of money in our trading accounts, starting out with a small deposit is highly recommended to ensure you do not blow up your life savings. Trading with small amounts helps you hone your skills and prevent you from blowing up your account in the future. Other than the skill building aspect, there are also other advantages that come with trading with small amounts, including;

Experience is an important factor to consider when trading forex. Trading with small amounts allows you to gain experience while minimizing your losses. Once you have acquired enough experience, you can then proceed to use larger amounts to trade.

Trading small amounts is not just useful for novice traders. An experienced trader may also trade with small amounts when they want to try out a new trading strategy.

Reduce commissions

When trading small amounts, you are usually constricted to put the majority of your money into a single trade. This, however, helps you reduce commissions. Traders are usually more likely to be sloppy when you are going to be making 20 trades in a day. But when trading with small amounts forces traders to be more selective about the trades they take.

These traders are sure to take their time to find and trade with only the cleanest charts, with the best risk to reward. This also means they will be focusing more on perfecting their strategies as to being a jack of all trades and a master of none.

Better management of risk

When trading with a huge account, most traders usually end up using fuzzy math when evaluating risk, reward or prospective trades. This is because they are making many trades and the difference between a good risk and an almost acceptable one feels irrelevant. However, when you are trading with a small amount, you do not get room to fool around.

With a small amount, you are usually putting in all of your capital in a single trade. Hence, if you suffer a loss, it will have a significant impact on your account as a whole. Also, when dealing with a small account, your goal is towards a specific goal which is growing your accounts enough to be able to hold multiple positions at a go. Hence, any loss, no matter how small, feels like a real setback.

As a beginner trader, it is not unlikely that you will probably blow out your first account. Therefore, if you start with a small account, you will lose less, making it a smart business decision.

The trading market has a lot of information circulating every minute. This can become overwhelming, especially for a new trader who is watching a huge number of stocks, listening to the news, and trying to manage their position. This, in turn, can lead them into making bad trades, not trading anything or even having a breakdown.

One of the benefits of trading with small amounts is that you will only be managing one trade at a time. This helps remove a massive amount of stress, allowing you to focus on that particular trade. As a result, you grow accustomed to managing the stress and data of trading, allowing you to slowly increase your ability to manage more concurrent positions.

List of forex brokers with a low minimum deposits 2021

info	bonus	open account
min deposit: $5 spread: from 0.2 pips leverage: 500:1 regulation: FSA (saint vincent and the grenadines), cysec	50% deposit bonus, real contest 1st prize luxury car BMW X5 M, copy trading, trade&win.	Visit broker
min deposit: $1 spread: from 0 pips leverage: 3000:1 regulation: cysec, IFSC	$100 no-deposit bonus, 100% deposit bonus	visit broker
min deposit: $5 spread: from 0 pips leverage: 888:1 “*this leverage does not apply to all the entities of XM group.” regulation: ASIC, cysec, IFSC belize	“50% +20% deposit bonus up to $5,000, loyalty program bonus “*clients registered under the EU regulated entity of the group are not eligible for the bonus and the loyalty program”	visit broker
min deposit: $1 spread: from 0 pips leverage: 2000:1 regulation: FCA UK, cysec, FSP, bafin, CRFIN	35% of the account deposit	visit broker
min deposit: $1 spread: fixed spread from 3 pips leverage: up to 1:1000 regulation: CBR, cysec and FFMS	30% forex deposit bonus	visit broker

When you are just starting out trading, we highly recommend that you seek the services of reputable brokers. While low minimum deposit forex brokers seem attractive, you should be aware that many in the market are scammers. So make sure you trade with a regulated fx broker with a license. Here are our top 5 forex brokers with a low minimum deposit:

Financial brokerage services (FBS)

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.

"do you have experience with tickmill? Please consider sharing your experience with a review below – good or bad – doesn’t really matter as long as it’s helpful to other traders!"

We only accept user reviews that add value to fellow south african traders. Unfortunately, not all reviews that you post with us will be published on the website. For your review to be approved, please share your detailed & honest experience with the broker – either positive or negative. Thank you for helping out other traders with your valueable feedback!

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Tickmill 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

Mobile trading apps

Evaluation method

Tickmill risk statement

Overview

Summary

Built by traders, for traders, tickmill offers low spreads and commission on both ECN and traditional accounts. All accounts feature ultra-fast STP execution (0.15s on average and no requotes) and support for the MT4 platform with all strategies allowed.

Regulated by the FCA in the UK, cysec in europe, and the seychelles FSA internationally вђ“ and a regular winner of trade execution and trading conditions awards вђ“ tickmill also offers 80+ instruments to trade alongside dedicated multi-lingual support and negative balance protection.

Reviews

Account information

Trading conditions

Company details

Deposit & withdrawal methods

Supported platforms for tickmill

Is tickmill safe?

Tickmill ltd is regulated by the seychelles FSA (license: SD 008) and has been regulated by the FCA (license: 717270) since 2016. Cysec has regulated the european entity, tickmill europe ltd (license: 278/15) since 2015.

Tickmillвђ™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 CFD provider 2019 (online personal wealth awards), best forex execution broker 2018 (UK forex awards)В andв best forex trading conditions 2017В (UK forex awards).

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

Trading conditions

All accounts at tickmill offer STP market executed trades in 0.1 seconds on 62 currency pairs in addition to cfds on stock indices, metals, and bonds, without any dealing desk interference. Tickmill does not offer cryptocurrency cfds.

The margin call and stop-out percentage differ for the retail and professional versions of the accounts where the margin call to stop-out for retail clients is 100% to 50%, and professional is 100% to 30%.

Clients can choose between four wallet currencies вђ“ USD, EUR, GBP, and PLN.

Account types

Tickmill offers three different live accounts in addition to the demo account. While trading conditions improve with the account type, the main differentiating factor is the initial deposit required.

Demo account вђ“ A demo account is available for new traders and will remain open until there is no login for seven consecutive days.

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

Pro account вђ“ this account, also with a swap-free islamic option, requires a 100 USD minimum deposit and is the entry-level account for professional traders. Tighter spreads are available in exchange for a commission of 2 USD per side per 100,000 (a standard lot) traded. This commission pricing and structure is an industry-standard and is in line with what other STP brokers offer clients for the same services.

VIP account вђ“ this account, with the same swap-free islamic option, is for high volume professional traders and requires a 50,000 USD minimum deposit. The commission is reduced to 1 USD per side per 100,000 (a standard lot) traded which makes trading even more profitable. This is a very competitive professional account and offers excellent trading conditions.

Spreads and commissions

The minimum spread on the classic account is 1.6 pips with zero commission. The minimum spread on the pro and VIP accounts is 0.0 pips with a commission of 2 USD per side per standard lot trade and 1 USD per side per standard lot traded, respectively.

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. If you were charged, submit a copy of the bank statement showing the charge, and the amount will be credited. Should the trading account become inactive, tickmill reserves the right to start reimbursing transfer fees.

Tickmill for beginners

Tickmill does not have a traditional introductory course, but they do publish webinars and seminars to help new traders get their footing. They have also made available a detailed ebook which many new traders will find useful. Additionally, while the analysis blog and tradingview analysis tools do not explain the basics of trading, they do offer new perspectives on currency markets.

Educational material

For new traders, tickmillвђ™s main resource is its downloadable ebook, but the webinars and seminars are also of great assistance.

The 46-page ebook, titled the majors вђ“ insights & strategies, is well illustrated and a suitable replacement for an online course for beginners. The ebook covers forex trading basics and how forex trading works, an introduction to the major currency pairs, trading strategies and the major types of forex analysis. The ebook ends with a section of top tips which will give traders more confidence in their decisions.

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 more fundamental concepts like news trading strategies to technical analysis and chart theories like standard elliot wave models.

Tickmill has a schedule of free seminars around the world, which introduce traders to new areas of learning and also allows clients to meet brokers in person and create relationships.

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 unique among brokers, who typically shy away from one-to-one contact with traders 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 CFD traders.

There are many advantages of signing up with an MT4 broker and using MT4 for trading:

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.

Trading tools

Tickmill also provides a number of useful trading tools.

Autochartist is a third-party automated chart analysis tool which scans the markets for volatility and notifies traders of relevant trading opportunities. Since it integrates into MT4, information is available inside the trading view and adds little complication to the platform while providing additional analysis. Autochartist is a common technical analysis tool among traders, so training videos are easy to find online. 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 on tickmill is myfxbook autotrade, which is a cross-broker social trading platform that allows for copy trading without the need for additional software.

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.

Tickmill VPS has partnered with beeksfx to provide discounted VPS services to clients. While many brokers will include VPS as a free service for active traders, VPS has chosen to partner with a leading 3rd party provider and asks clients to take on the additional cost.

Mobile trading apps

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.

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: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading cfds with tickmill ltd.

Overview

Tickmill is an award-winning and trustworthy STP broker that relies heavily on industry-standard platforms to enable fast execution. With a strong education section, additional premium tools offered to traders for no extra cost, and good trading conditions, tickmill should be a top choice in forex brokerage.

Tickmill minimum deposit | tutorial

You want to know how to deposit on forex broker tickmill? – then you are completely right on this website. In the next sections, we will show you exactly how it works and the deposit methods. Also, we will discuss the no deposit bonus of tickmill. Learn how to open and capitalize on your trading account to invest in different financial markets.

Tickmill deposit methods (depending on your country)

Overview about the tickmill deposit methods

Tickmill offers more than 10 different deposit methods. You can use electronic wallets, credit cards, online banking, or the bank wire to deposit funds to your trading account. The deposit methods are depending on your country of residence and the regulation of tickmill. The broker got 3 different regulators and also the company is using only regulated payment methods.

Overview about all payment methods:

payment method:	minimum deposit:	minimum withdrawal:
bank transfer:	€ / $ / £ 100	€ / $ / £ 25
credit cards:	€ / $ / £ 100	€ / $ / £ 25
skrill:	€ / $ / £ 100	€ / $ / £ 25
neteller:	€ / $ / £ 100	€ / $ / £ 25
sticpay:	€ / $ / £ 100	€ / $ / £ 25
fasapay:	€ / $ / £ 100 or 1,500,000 rp	€ / $ / £ 25
unionpay:	700 ¥ or € / $ / £ 100	€ / $ / £ 25
nganluong.Vn:	2,000,000 VND	€ / $ / £ 25
qiwi:	€ / $ / £ 100	€ / $ / £ 25
webmoney:	€ / $ 100	€ / $ 25

Are there fees for the deposit?

Tickmill does not charge any fees for the deposit or withdrawal. But sometimes traders deposit with foreign currencies so there can be a currency exchange fee depending on your deposit method. In addition, if you make a international transfer your bank can charge a fee. In conclusion, tickmill is not charge any fees.

Step by step tutorial to open your account and make the deposit

In the following sections, we will show you step by step how to open the account and make the deposit on tickmill. From our experience, it is very easy to do the process but you should pay attention in order to get fully satisfied.

1. Open your free customer account with tickmill

First of all, you have to open the account on the tickmills website. You can use the buttons below to open your account and get a 5% rebate on commission with the broker. In the picture below you see the account form to open your account. Type in your personal detail and check them. They should be correct. Tickmill can only accept real and personal data which will be verified later.

Furthermore, tickmill got 3 regulators. Traders outside the european union should trade with the FSA of seychelles regulator and european clients should be trade with the FCA of united kingdom regulator. After you registered you can can continue with the next step.

Tickmill account opening

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

2. Verify you account

In order to start trading with real money, you have to verify the account fully. To trade with the demo account you do not have to verify. We recommend doing this step quickly.

Verify your email address first and then you get access to the customer area. Tickmill will ask you additional questions about your personal data and trading experience. After you finished the question you should verify your personal data. Upload the required documents. Tickmill accepts photos or scans of passports and utility bills. Also, bank statements are accepted. In the customer area, you will see which documents are required and accepted.

Tickmill will verify the documents within a few hours. To get the account even faster verified you can contact the chat support.

Complete the personal data section

Upload the required documents

Tickmill will verify your account in a few hours

3. Open the real trading account in the customer area

Once you logged into the customer area (traders room) you can open new trading accounts by clicking on “+ open new account”. In the picture below you will see the account dashbord with the marked field.

4. Do the deposit on your account

Now you are finished after opening the trading account. Just click on the deposit to fund your account. Also, you can transfer money between different trading account and make a fast withdrawal. With some methods, the money will be instantly credited to your account balance.

Are your funds safe with tickmill?

As mentioned before tickmill is a regulated broker. So a fraud can be excluded. The client’s funds are managed in european tier 1 banks and separated from the company funds. You always have access to your money. Furthermore, tickmill is a member of the financial service compensation scheme (FSCS) for UK regulations. The funds are compensated by £85,000 per client.

Also, tickmill is part of the investor compensation fund (ICF) regulated by the cysec. Overall, your funds are very safe with tickmill. There is no scam or hidden fees for you.

Multi-regulated forex broker

Member of the FSCS

Member of the ICF

Separated clients funds

Tickmill no deposit bonus – welcome account

Tickmill offers all international traders which are trading with the FSA SC license a free no deposit bonus ($30 welcome account). There are no hidden fees or costs for you. If you registered fully you will get a free $30 bonus to your trading account. Note that you can apply the bonus only once. Existing clients are not allowed to get the $30 bonus.

Tickmill $30 welcome account and bonus

You do not need to deposit any funds in order to get the $30 and there is no risk of losing money. The profits which are made from the bonus can be withdrawn quickly. All in all, tickmill is one of the few brokers who is offering such a special service to its clients. Use the button below to sign up and get the free bonus.

Free and unlimited

No deposits are necessary

Profits can be withdrawn

No risks

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

Conclusion: the deposit on tickmill is quite simple

On this page, we actually showed you how to deposit on the popular forex broker tickmill. It is one of the fastest-growing brands for forex trading because the service and offers of this broker are amazing. You pay very low fees compared to other companies. In addition, there are no fees for your deposit on tickmill.

The deposit is working very fast with different methods. But note that you need a fully verified account in order to use all functions of the broker. Tickmill is regulated and very secure. The funds are managed in big european banks and the company is part of the financial services compensation scheme and investor compensation fund.

What you learned about the tickmill deposit:

Use more than 10 different methods

Fast deposits

No fees

You need a fully verified account

You can apply for a $30 bonus

The regulated and secure company,

The minimum deposit is $100

Traders are allowed to deposit very fast with more than 10 methods to tickmill. Also, the funds are very safe with this broker.

(5 / 5)

Tickmill 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

Mobile trading apps

Evaluation method

Tickmill risk statement

Overview

Summary

Reviews

Account information

Trading conditions

Company details

Deposit & withdrawal methods

Supported platforms for tickmill

Is tickmill safe?

Trading conditions

Clients can choose between four wallet currencies вђ“ USD, EUR, GBP, and PLN.

Account types

Tickmill offers three different live accounts in addition to the demo account. While trading conditions improve with the account type, the main differentiating factor is the initial deposit required.

Demo account вђ“ A demo account is available for new traders and will remain open until there is no login for seven consecutive days.

Spreads and commissions

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

Tickmill for beginners

Educational material

For new traders, tickmillвђ™s main resource is its downloadable ebook, but the webinars and seminars are also of great assistance.

Tickmill has a schedule of free seminars around the world, which introduce traders to new areas of learning and also allows clients to meet brokers in person and create relationships.

Analysis material

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 CFD traders.

There are many advantages of signing up with an MT4 broker and using MT4 for trading:

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.

Trading tools

Tickmill also provides a number of useful trading tools.

Mobile trading apps

Evaluation method

Tickmill risk statement

Overview

A comprehensive tickmill review – is this broker trustworthy?

Minimum deposit

Bonus

Maximum leverage

Year founded

Regulation

Trading platform

When setting out to start trading forex, stocks, or other tradable assets, one of the first things every trader should think about is a broker. The internet is full of scam brokerages that you absolutely need to stay away from, however, given how skilled they are at tricking potential customers, it may not be as easy to spot hidden flaws under their platform.

But it doesn’t mean that you have no means of distinguishing legitimate brokers from fraudulent ones. It just takes a little effort and research into the broker’s offerings to assess their credibility and make the right decision.

On forex trading bonus, we’re trying to make the broker selection process a little bit easier by offering our comprehensive reviews about them. And today, we’ll do the same for the tickmill forex broker.

In order to determine whether tickmill is a trustworthy broker or a scam, we will take a look at its website and software support, then move to the licensing, and finish off by talking about the actual trading conditions. So, let’s get started.

Initial overview

Tickmill is a forex broker established in 2015 in seychelles. The broker brings together a team of professional traders whose experience in this field has started off back in the 80s, therefore, the new clients of tickmill are already in good hands.

While the main focus of tickmil forex broker can be gathered from what we’ve just said – forex trading, the broker also offers many other instruments to its traders: stocks, indices, commodities, and bonds. But before we delve deeper into these instruments and what the actual conditions on them are, let’s do a brief overview of everything we’ll talk about in this article.

A brief tickmill.Com review

When you go to tickmill’s website, the first thing you’re going to notice is how slender and simplistic the interface looks. One image here or there, several visual effects, and very decent font make up a visual that is hardly ever distracting the visitor from getting the information.

And information is certainly there. We have seen websites with decent thematic separation but what we saw on tickmill was something else: the broker has divided the website into the sections that answer all the questions effortlessly. For instance, want to know the conditions for spreads? Go to the spreads & swaps section and find out everything about it.

This level of simplicity is definitely an advantage that we will take into account when making a final tickmill rating.

We were also pretty pleased when we came across 5 different account types on the website. All of them are designed for specific users and make trading a once-in-a-lifetime experience for them.

As for trading platforms, tickmill definitely doesn’t invent a bicycle here: it uses metatrader 4 and webtrader for all the trading executions. And to be fair, it doesn’t need to be original because these pieces of software have proven to be the most effective and efficient in this industry.

The license

Next up, we will take a look at the broker’s licensing material. This is the part that actually reveals a lot about the broker’s code of conduct and its legitimacy issues.

So, the very first line that you read when entering the website is this: “authorised and regulated: FSA SC, FCA UK, cysec.” this means that the broker has regulatory obligations to three separate countries and their financial institutions.

And actually going through these institutions can reveal a lot. For instance, when seeing that one of the main regulators of tickmill is the UK’s financial conduct authority, all the tickmill scam suspicions or suggestions are instantly dissipated for us. There’s just no way of being a scam and having this level of regulatory oversight monitoring your activities.

We will talk about this section more further down below.

Actual tickmill promotions

At last, we’ll discuss every important trading condition available on tickmill. We’ll start with the leverage and spreads. On the broker’s website, we can see that the maximum leverage ratio that the traders can use is 1:500, which is definitely a lucrative offering.

As for spreads, the broker offers two different levels of bid-ask price differences on forex pairs: 1.6 pips for classic account and 0 pips for pro and VIP accounts. Both conditions are pretty decent, although, as you can imagine, the 0-pip offering is far more attractive.

As for the tickmill bonus, the broker offers multiple promotions to its clients, ranging from the $30 welcome account, trader of the month, and many more. These bonuses give additional trading funds to the lucky winners who also can withdraw the bonus money to their personal account.

Finally, we’ll take a look at the minimum deposit requirement, as well as how you can make that deposit, as well as withdrawal. On tickmill, the minimum amount you need to deposit in order to set up a classic account is $100. As for financial platforms, the broker supports bank wire, credit/debit cards, as well as many e-wallets like neteller, skrill, etc.

In short, we think that tickmill is a trustworthy brokerage that offers quite impressive trading conditions to its clients. Now, let’s review each of the above-mentioned points more closely.

What’s the software experience like on tickmill?

As per usual, we’ll begin with the website. As we noted earlier, the visual side of the website is pretty spot-on: it’s not overburdened with unnecessary imagery or transition effects; everything is used moderately and adequately. What this achieves is it makes the navigation through the website much easier.

When it comes to finding the actual information on this website, it’s safe to say that all you need is one mouse click to go where you want. The website is separated into six different sections: trading, platforms, clients tools, promotions, partnerships, and about us. Within those sections, you can find anything about the broker’s regulatory measures, trading numbers, platforms, and payment methods.

As for the account types, there are five different packages that fulfill the demand coming from every type of trader: there are three live accounts (classic, pro, and VIP), one islamic, and one demo account. And all of them are special in their own way; some have lower spreads but higher minimum deposit requirements, some come with no swaps, etc. All in all, these accounts are perfect for specific users.

The last point of this section is trading software. Instead of going all fancy and offering proprietary trading software, tickmill chose a safer and more trustworthy route and gone with metatrader 4. MT4 is a well-tested and widely-used platform that has proven to be the most effective software across the board. What’s more, the broker also offers the MT4-based webtrader that works on all major web browsers.

Is tickmill legit?

Moving on, let’s talk about how legit the broker is based on its licensing materials. As we have already mentioned earlier, there are three separate regulatory pieces that monitor and even direct the broker’s financial activities, and all of them are pretty significant.

These licenses include: FSA from seychelles, FCA from the UK, and cysec from cyprus. Now, if there only was the FSA license, we would at least acknowledge the legitimacy of the tickmill scam suspicions. That’s because for some traders, seychelles isn’t the country with the biggest political or economic prowess to hold the broker accountable for its actions.

However, when we see the licensing materials from the UK and cyprus, all the suspicions are instantly dissipated. Just take a look at the FCA from the UK. Do you think that any brokerage would engage in fraudulent activity and be forgiven by this institution? We certainly don’t think that.

And then there’s the cysec license as some sort of cherry topping as it’s also a very strong licensing material from within the EU. In short, all three of the licenses make sure that the broker abides by the strictest financial rules.

Trading terms and conditions

Finally, let’s talk about what the actual offerings on tickmill are. As noted earlier, the leverage goes as high as 1:500, which is a very impressive and lucrative offering. With it, traders can increase their initial deposits by x500 times, increasing profits by the same multiplication rate.

As for the spreads, the bid-ask price difference for forex pairs is different on different account but the minimum spread can go as low as 0 pips, meaning there’s no actual price difference and traders can buy the same amount of assets as they sell.

When it comes to the bonuses, tickmill FX brokerage offers at least five different promotions: the trader of the month, tickmill’s NFP machine, $30 welcome account, IB contest, and rebate promotion. All of them offer money prizes to the traders, making the experience on tickmill so much better.

And finally, let’s talk about the minimum deposit requirements and financial platforms backing those deposits. On tickmill, the least amount of money you can deposit to your account is $100. This means that even the beginner traders can fire off their career on tickmill without breaking the bank.

The payment platforms that drive those deposits, as well as withdrawals, are also very attractive: the broker offers both traditional (bank wire, debit/credit cards) and e-wallet platforms (neteller, skrill, fasapay, etc). As for tickmill withdrawals, the same platforms can be used for taking out the money you have earned. And transactions are secured with the SSL protocol, which is the highest security standard in the industry.

Should you trade with tickmill?

So, what is our final tickmill opinion? Should you use its services and platforms to trade forex, stocks, and commodities?

Judging from what we’ve just said in this review, it is safe to say that the broker offers some of the most exciting trading conditions you can find on the market right now. Whether you want to leverage large trading positions with fewer of your own money, shallow spreads, or sophisticated financial mechanisms, you can never go wrong by choosing tickmill.

Besides, the broker has three separate licensing materials that ensure that there’s no tickmill fraud going on. In short, we freely recommend this broker with all its offerings and requirements.

Forex brokers lab

BROKERS with LOW SPREADS

ASIC REGULATED BROKERS

BROKERS with MINIMUM DEPOSIT

BEST FOREX BONUSES

Regulators : FCA, FSA, CYSEC

Cryptocurrencies: YES

Minimum deposit: $100

Maximum leverage: 1:500

Spreads: low

My score: 7.9

First thing I can say about tickmill forex broker is that it is one of the fastest growing brokers in the world. Thanks to the company’s aggressive growth policy, tickmill succeeded in reaching thousands of forex traders from a wide range of different countries in a very short period of time. The website has more than a million visitors a month. In this tickmill review, you will find information on tickmill spreads, regulations, account types, deposit and withdrawal methods. Are you wondering is tickmill scam or legit? I would definitely recommend reading this review before opening an account with tickmill.

Tickmill regulation and investor protection

One of the most crucial issues in the forex system is regulation. Because when you have problems with your broker, the regulators help you to solve the problems. Think about; you wanted to withdraw but the broker could not let this. In this situation, the regulator moves in and protects your rights. We can duplicate samples like this. Let’s see what tickmill offers us.

There are two different companies behind the tickmill brand name. One of them is tmill UK limited and the other is tickmill limited. Tmill UK limited regulated by FCA (register number: 717270) in the UK FCA while tickmill limited regulated by FSA in seychelles.

Clients of the UK broker are protected by financial services compensation scheme-FSCS as well as FCA. If the forex broker goes bankrupt, the investors’ money is under the FSCS guarantee. The institution pays investor’s money up to £50,000. This shows your money is in safe if the broker goes bankrupt.

In addition, vipro markets, which operates in cyprus with CYSEC-licenced, joined the tickmill group in 2017. Before joining the tickmill group, this company also had more than 500,000 visitors per month. If a broker wants to have a cysec license, it must keep at least €1,000,000 to prove to clients that they can make a payment. I think it is a reassuring feature for prospective clients who are suspected of not taking their money.

In order to keep your money safe, you must trade with a broker who has a license. Watchdogs allow the brokers to act in accordance with the rules. They periodically inspect the brokers and if the brokers do not obey the rules, they may cancel the licenses.

The tickmill forex broker has grown rapidly in a short period of time and currently serves forex and CFD trading in asia, the middle east and africa.

Tickmill spreads and account types

Tickmill offers customers 4 different account types as follows:

account type	minimum deposit	maximum leverage	spreads (& commission)	swap free
classic	$100	1:500	from 1.6 pips	yes
pro	$100	1:500	0.2 pips + $4 / lot (round turn)	yes
VIP	$50.000	1:500	0.0 pips + $3.2 / lot (round turn)	yes

In all of these 4 account types, you can trade on 85 trading instruments and use USD, EUR, GBP, PLN as base currency of the account. The maximum leverage in the accounts is 1:500.

Classic account is more suitable for newbie investors. Minimum deposit for classic account is $100. It can be called an average deposit. There is no commission, but spreads start from 1.6 pips on EURUSD. If I compare it with fxpro, I can say that spreads are higher in the classic account in tickmill. However, the pro account that we can see as ECN account is quite advantageous compared to other brokers’ ecns.

In the pro account, the minimum deposit is same with classic account and it is $100. You only pay a commission of $ 2 per lot and $ 4 per round turn. I can easily say that this commision is quite low. If we compare with other brokers, tickmill offers better commission fee. For example FXPRO offers $ 3 per lot and $ 4.5 per round turn.

The most advantageous of all is the VIP account. You only pay a commission of $ 1.6 per lot. However, the minimum deposit for this account is $ 50,000. Tickmill also offers personal multi account manager. With the MAM program, professional money managers are assigned to act on behalf of their clients. In this way, a money manager can perform block trades on all accounts with his master account effectively.

If you are an investor with islamic belief and do not want to earn or pay interest, you can apply for a swap free account for all these account types. Tickmill offers the same terms and conditions as their regular account types to its clients who want to use islamic accounts. The only difference is that there are no swaps. Tickmill may ask you to document your belief. It also has the right to reject your application.

Trading products

Tickmill offers to trade cfds on currency pairs, precious metals, crude oil, stock indices, bonds and cryptocurrencies. The broker includes only BTC on cryptos. This is a disadvantage for tickmill. And also, +60 pairs of forex pairs available.

Trading platforms

You can trade with tickmill on desktop or tablet, browser or on-the-go with your smartphone. Metatrader 4 and web trader are available. MT4 is considered to be the world’s most popular forex trading platform because it is easy to use, offers a variety of graphics and indicators, a variety of expert advisors (eas) and most importantly supports the MQL language.

Cfds on forex, stock indices, WTI, commodities, bonds and cryptocurrencies

EA trading facilities

Micro lots available

No partial fills

Promotions

Tickmill offers three promotions to its clients. One of them is ‘trader of the month’ : each month, tickmill selects the best and highest performance among its talented clients and rewards it with a $ 1,000 award. They take into account not only good profits, but also money and risk management skills when selecting the winner. I would say that this promotion enables competition among clients. Available to clients of tickmill ltd (FSA SC regulated) only.

The second one is ‘tickmill’s NFP machine’. This promotion is also available to clients of tickmill ltd (FSA SC regulated) only. During every NFP week, they choose one instrument and challenge you to guess its price in their MT4 platform at 16:00, exactly 30 minutes after the NFP release. A perfect hit will bring you $500 to your trading account. If no one breaks the bank by an exact figure, the trader with the closest prediction will cash in a $200 prize.

And the last one is ‘$30 welcome account’. Available to clients of tickmill ltd (FSA SC regulated) only. If you open a new account tickmill gives you $30 welcome bonus.

All promotions have terms and conditions.

Deposit and withdrawal methods.

Tickmill has a wide range of funding and withdrawal methods. These are wire transfer, credit/debit card, skrill, neteller, fasapay and unionpay. I can say that this is enough but unfortunately, there is no BTC. Also, you do not pay any fees thanks to the zero fees policy of the company. Tickmill offers deposit and withdrawal methods as follows:

I did not have any problems with withdrawing and depositing money during my transactions. When depositing money I preferred to deposit with a credit card. When withdrawing money, they deposit the money in the same day.

Final thoughts

Tickmill is a fast-growing broker. A few years ago, nobody knew tickmill. But now all investors on the forex market know tickmill. If this growth continues fast, I can not imagine what will happen in a few years. They have a good designed website and you can find all information about trading.

FCA license and FSCS registration are two of the broker’s strongest features. The broker has cysec license too. There is no doubt that tickmill is a reliable broker. Tickmill offers enough account types to its clients. The classic account has advantages about minimum deposit and spreads. The pro account also offers a highly advantageous and competitive spread. If you are going to use a pro account, I recommend you open an account at tickmill. Finally, tickmill is a reputable broker who has various product portfolio and effective trading conditions.

Tickmill review

Tickmill is a global forex CFD broker, that has been regulated by the FCA in the united kingdom since 2016.

Headquarters are located at: 1 fore street, london EC2Y 9DT united kingdom. Contact phone number is: +44 203 608 6100. Customer support email address is: [email protected] . Official website is at: https://www.Tickmill.Co.Uk.

Tickmill broker review

A review of the forex brokers tickmill shows, that this broker is offering day traders and investors the classic metatrader4 (MT4) trading platform. There is available both the desktop standalone version, along with the web based and mobile versions. They offer hundreds of underlying assets for trading CFD’s including all the popular major & minor forex pairs, market indexes, individuals shares, and commodities like brent, crude oil, platinum, coffee, sugar etc..

Leverage on all forex pairs is set at 1:30, and can go as high as 1:500 for professional investors. Their spreads are either 0 pips, with commissions or 1.6 pips with no commissions. Depending on your trading style, you will either choose a classic or pro account.

There are three different trading account types offered, with the main difference being commissions and spreads. The minimum deposit requirement for a new trading account is $100. Accounts can be denominated in either USD, EUR, PLN or GBP. Deposits can be done with either bank transfer, credit card or skrill. Withdrawals are processed within one working day.

Tickmill review broker account types

Is tickmill a licensed broker?

Yes, they are a licensed and regulated broker by three different financial regulators.

United kingdom: tickmill UK ltd is authorised and regulated by the financial conduct authority, license number: 717270. An FCA is one of the most prestigious licenses a forex broker can obtain.

European union: tickmill europe ltd is licensed cysec (cyprus securities and exchange commission) with license number: 278/15. With mifid, the cyprus license is recognized by all EU member countries.

South africa: tickmill south africa (pty) ltd, is licensed and regulated by the FSCA with FSP # 49464.

Global: tickmill ltd is licensed as a securities dealer by the seychelles FSA, with license number: SD008

Scam broker investigator has reviews of hundreds of forex brokers, see here. The best way you can know if a broker is a scam or a legitimate broker, is by verifying that they are licensed by your countries financial regulator. The reason why smart people only use a licensed broker, is so that you can be assured your money is safe in a segregated bank account.

Tickmill trading app review

Compare licensed brokers

You should be aware that there are currently a lot of forex and crypto investment scams circulating online, read more. A smart person will always compare a few different brokers, before making a final choice.

Fortrade is a fast growing english broker, that is licensed in canada, united kingdom and australia, learn more.

They offers MT4 and a unique web based trading app, with free signals, signup here.

We ask current tickmill clients to please share your experience with this broker, in the comments section below.

So, let's see, what we have: tickmill review written by investing professionals. Updated for 2021. Everything in one place: pros and cons of fees, trading platform, and investor protection. At tickmill broker minimum deposit