Risk Warning: Your capital is at risk. Statistically, only 11-25% of traders gain profit when trading Forex and CFDs. The remaining 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.
Tickmill review
Overview
Our 5-step process of verification and evaluation – How do we obtain information?
General inspection – 30%
Trading experience – 30%
Technical audit – 20%
Collective experience from collaborations with the broker – 10%
Interviews with real traders – 10%
See the entire process here.
Pros
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Regulated by multiple authorities, including FCA and CySEC
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Low minimum deposit requirement
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Offers a wide range of trading instruments, including cryptocurrencies
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Competitive spreads and commissions
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Negative balance protection for retail clients
Cons
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No social trading platform or copy trading feature
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No fixed spreads are available
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Limited options for account funding and withdrawal
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Limited customer support options outside of regular business hours
General details
Customer reviews
score
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Accounts
Type of Trading Accounts on Tickmill
Tickmill Forex offers multiple account types to meet the needs of different traders. Each Tickmill account type has unique features, and traders can choose the one that suits their trading style and objectives.
- The Classic Account: The classic account is designed for traders who prefer fixed spreads. It offers a minimum deposit of $100, 1.6 pips spread, and up to 1:500 leverage. This account type is ideal for beginners or traders who want to avoid taking high risks.
- The Pro Account: The pro account is suitable for experienced traders who prefer low variable spreads. It offers a minimum deposit of $100, 0.0 pips spread, and up to 1:500 leverage. This account type is ideal for traders who want to trade on news events and volatile markets
- The VIP Account: The VIP account is designed for professional traders who require customized trading solutions. It offers a minimum deposit of $50,000, 0.0 pips spread, and up to 1:500 leverage. This Tickmill account type has a personal account manager and tailor-made trading conditions.
- Islamic Account: Tickmill offers an Islamic account that complies with Sharia law. It is designed for Muslim traders who want to trade without paying or receiving overnight swap rates. The Islamic account has the same features as the other account types but without the overnight swap rates.
- The Demo Account: The Tickmill demo account is a practice account that allows traders to learn and test their trading strategies without risking their money. It offers virtual funds of up to $100,000, and traders can access all the trading instruments and platforms provided by Tickmill.
Tradable instruments
Tradable instruments on Tickmill trading platforms include:
- Forex
- Indices
- Commodities
- Bonds
- Cryptocurrencies
Frequently asked questions
Find the right answer to your question below.
Tickmill doesn’t accept clients from the United States. Tickmill’s decision to exclude U.S. residents is due to the stringent regulatory requirements imposed by the US authorities, including the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC).
Visit the Tickmill website and select “Open Account” from the menu at the top of the page, then select the account type that best suits your needs, fill in your personal information, complete the verification process, fund your account, download and install a trading platform, and start trading.
Tickmill compared with alternative brokers
To see the full broker review click “See review”, to see the complete table and compare more brokers visit our Comparison page.
- Overall verdict
- Trading
- Minimum deposit
- Maximum leverage
- Fees
- Withdrawal fee
- Deposit fee
- Safety
- Top-tier regulators
- Investor protection
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Free VPS hosting
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Specialized trading accounts
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3.9/ 5
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3.7/ 5
- N/A
- N/A
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3.7/ 5
- N/A
- N/A
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4.6/ 5
- FCA, SIBA
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See review
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3.9/ 5
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3.9/ 5
- N/A
- N/A
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3.7/ 5
- N/A
- N/A
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4.6/ 5
- VFSC
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See review
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Free VPS hosting
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Specialized trading accounts
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24/7 instant money withdrawal
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3.9/ 5
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3.5/ 5
- N/A
- N/A
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3.7/ 5
- N/A
- N/A
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4.7/ 5
- ASIC, FCA, BaFIN, CONSOB, CNMV, AMF
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See review
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Free VPS hosting
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24/7 instant money withdrawal
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Specialized trading accounts
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4.4/ 5
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4.6/ 5
- N/A
- N/A
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4.3/ 5
- N/A
- N/A
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4.6/ 5
- ASIC, FCA
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See review
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3.7/ 5
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3.7/ 5
- N/A
- N/A
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3.7/ 5
- N/A
- N/A
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3.7/ 5
- No
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See review