Tickmill review

Tickmill is a regulated offshore broker that provides brokerage services to clients worldwide. The broker is known for its focus on innovative trading solutions and excellent trading conditions. Tickmill offers multiple Tickmill account types, including demo accounts, and supports MetaTrader 4 for trading.

Traders can access various trading instruments in four asset classes: forex, commodities, indices, and cryptocurrencies. Tickmill offers a bonus program for new clients and up to 1:500 leverage, making it an ideal choice for traders looking for high-leverage trading. 

The broker also provides a mobile trading app for Android and iOS users, allowing traders to trade on the go. 

Tickmill is a popular choice for traders who need brokers that support their native languages. The broker offers multiple language choices, making it easier for traders to communicate with their support team and access trading resources in their preferred language. 

This Tickmill review provides more information about Tickmill and everything you need to know.

Supported Countries

Tickmill has two entities: Tickmill Seychelles, regulated by the Financial Services Authority (FSA) of Seychelles, and Tickmill Europe Ltd., regulated by the Cyprus Securities and Exchange Commission (CySEC).

 The global forex and CFD broker that serves clients from over 200 countries worldwide, including South Africa, Nigeria, Malaysia, Indonesia, United Arab Emirates, Thailand, Vietnam, and many more. 

However, there are some countries where Tickmill does not provide services. These countries include the United States of America, Canada, Japan, Brazil, Australia, and Belgium. The residents of countries where Tickmill does not have regulatory approval can also not use the platform.

Tickmill’s website and trading platform support multiple languages to cater to its global clientele. The website is available in English, Arab, Vietnamese, Indonesian, Spanish, Italian, Chinese, Korean, Polish, Russian, and Thai. The Tickmill trading platform also supports these languages, ensuring clients can easily navigate and trade on the platform in their preferred language.

Customer Service Rating

Tickmill Broker has a 4.2-star rating out of 5 based on 472 Tickmill reviews on Trustpilot, which strongly indicates their excellent customer service. Many customers have left positive reviews, praising the broker for their transparency, competitive spreads, and fast execution speeds. Some customers have also mentioned the helpfulness and professionalism of the customer support team, which is available 24/5 via phone, email, and live chat.

In addition to Trustpilot, Tickmill Forex has also received positive ratings and reviews on other popular review sites such as Forex Peace Army and Investimonials. Customers have praised the broker for their user-friendly platforms, extensive range of trading instruments, and low fees. 

Tickmill Trading Platforms

Tickmill offers its clients a range of trading platforms that cater to the diverse needs of traders. The trading platforms available on Tickmill are MetaTrader 4, MetaTrader 5, and WebTrader.

• MetaTrader 4: MetaTrader 4 (MT4) is a widely used trading platform offering various tools and features that make trading more accessible and efficient. The MT4 platform provides traders with a customizable interface, advanced charting capabilities, and various technical indicators. MT4 also offers automated trading through the use of Expert Advisors (EAs), which can be programmed to execute trades based on predefined criteria. Traders can also use MT4 to monitor their trading history, analyze performance, and track their progress.

• MetaTrader 5: MetaTrader 5 (MT5) is the successor to MT4 and offers several new features and enhancements. The MT5 platform provides traders with an expanded range of technical indicators, advanced charting capabilities, and improved analytical tools. MT5 also offers more order types than MT4, including market, pending, and stop orders. 

• WebTrader: WebTrader is Tickmill’s web-based trading platform, allowing traders to access their accounts from any web browser without downloading or installing any software. The platform provides traders with various tools and features, including advanced charting capabilities, real-time quotes, and the ability to trade directly from the platform.

Trading Denominations on Tickmill

Tickmill supports various trading denominations for its clients. The trading account’s base currency can be in USD, EUR, GBP, PLN, or CHF. Clients can choose their preferred base currency during the account opening process. This means that clients can deposit funds into their accounts in their local currency, which will be automatically converted to their chosen base currency.

In addition to the traditional base currencies, Tickmill Forex offers a cryptocurrency account denominated in Bitcoin (BTC). This account is ideal for clients who want to trade using cryptocurrencies. 

The BTC account allows clients to deposit and withdraw funds in BTC, and all trades are settled in BTC. Clients who choose the BTC account can also use BTC to fund their accounts.

Company Structure

Tickmill is a global forex and CFD broker with headquarters in Seychelles. The company was founded in 2014 and has since expanded to serve clients in over 200 countries. Tickmill operates through multiple entities, including Tickmill Ltd., Tickmill Europe Ltd., and Tickmill South Africa (Pty) Ltd.

The company joined the Financial Conduct Authority (FCA) in the UK in 2015, followed by the Cyprus Securities and Exchange Commission (CySEC) in 2016. The company also obtained a license from the Seychelles Financial Services Authority (FSA) in the same year.

The Tickmill Group is a privately owned company, which means that it is not publicly traded. However, the company has gained a reputation for being transparent and trustworthy in its client dealings. The company focuses on providing retail and institutional clients access to various financial markets, including forex, stock indices, commodities, and bonds.

The Tickmill Group’s management team comprises experienced professionals in the financial services industry who are committed to ensuring that the company’s clients receive the best possible service. The company’s vision is to become a leading provider of online trading services by delivering innovative solutions and exceptional customer support.

Tickmill Licenses and Regulatory Compliance

Tickmill Forex is a regulated and licensed online broker, which means it adheres to strict standards to protect its clients’ funds and operate transparently and fairly. Below are the licenses and regulatory bodies that Tickmill is registered under:

• Seychelles Financial Services Authority (FSA): Tickmill Ltd is regulated by the FSA under license number SD 008.
• Financial Conduct Authority (FCA): Tickmill UK Ltd is authorized and regulated by the FCA under license number 717270.
• Cyprus Securities and Exchange Commission (CySEC): Tickmill Europe Ltd is regulated by CySEC under license number 278/15.
• Labuan Financial Services Authority (LFSA): Tickmill Asia Ltd is regulated by LFSA under license number MB/18/0028.

Tickmill Customer Protection 

As per Tickmill reviews, customer protection is one of the core values of Tickmill. The company offers various account types, including a Tickmill demo account, which allows traders to test their strategies without risking real money. 

Tickmill also provides a bonus program, which rewards clients with various bonuses for their trading activities. The broker uses the popular MetaTrader 4 platform, which allows access to a wide range of trading tools and features. 

Trading Information

Tickmill provides a wealth of trading information to help its clients make informed decisions. The broker offers an economic calendar that is updated in real time to help traders stay up to date with market-moving events. 

In addition to the calendar, Tickmill also provides regular market analysis, educational materials, and a comprehensive FAQ section to help traders learn more about the markets and trading. The broker’s website also features a news section that updates market events and news that may affect trading. 

Tickmill Leverage

Tickmill offers competitive leverage rates across all their account types, which allows traders to increase their buying power in the market. The leverage rates vary depending on the asset class being traded and the account type chosen. 

The maximum leverage for forex trading is 1:500 for retail clients and 1:30 for professional clients, while for stock indices, it is 1:200 for retail clients and 1:20 for professional clients. The maximum leverage for commodities is 1:100 for retail clients and 1:10 for professional clients.

Deposits and Withdrawals on AMarkets

Deposits

Tickmill provides various options for depositing funds into trading accounts. The deposit methods include bank wire transfers, credit/debit cards, and electronic payment systems such as Skrill, Neteller, FasaPay, and UnionPay. 

Withdrawal

Withdrawals can be made through the same methods used for deposits. The processing time for withdrawal requests depends on the method used. 

Tickmill Trading Education and Training

Tickmill provides a trading education and training program that offers traders a range of materials such as guides, videos, webinars, and courses. The program covers various topics such as technical analysis, fundamental analysis, risk management, and trading psychology. 

Conclusion

Tickmill is a reputable forex broker with a user-friendly trading platform, multiple account types, and a wide range of tradable instruments. With the company’s focus on transparency, safety, and customer satisfaction, traders can feel secure knowing that their funds are well-protected and that they have access to excellent customer support. Tickmill also offers competitive pricing and low trading fees, making it a great choice for traders of all levels.

Overall, Tickmill is an excellent choice for traders looking for a reliable and trustworthy forex broker. Its licenses and regulatory compliance, customer protection measures, and efficient deposit and withdrawal options are a testament to the company’s commitment to providing a safe and fair trading environment.