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Tickmill Review
Tickmill general information
Founded in: | 2014 year |
Headquarters: | Seychelles |
Offices in the country: | United Kingdom |
Minimum Deposit: | 25 $ |
Website: | www.tickmill.com |
Website languages: |
English, Arab, Vietnamese, Indonesian, Spanish, Italian, Chinese, Korean, Polish, Russian, Thai |
Execution model: | NDD |
Deposit currency: | USD, EUR, GBP, PLN |
Regulated by: |
FCA (United Kingdom) license №717270 SIBA (Seychelles) license №SD008 |
Mobile trading: | iOS, Android |
Types of offered accounts: |
Unlimited Demo Accounts, Standard Accounts, VIP accounts |
Affiliate program: | Yes |
Tickmill Forex broker description
Tickmill is a global group of companies that trade in forex instruments of trade from indices, commodities, and shares among many more. Tickmill was founded in Seychelles in 2014 and despite being young in the industry it has moved in giant strides to become a force to reckon with.
Trading Accounts
For a client who is willing to execute trades using the Tickmill platform, they are required to sign up for an account that they ill deposit funds to and execute trades on the various instruments available. Among the accounts that a client can opt for include:
- The classic account.
- The pro account.
- The VIP account.
- Islamic account.
- The demo account.
The Tickmill Classic Account
This is one superb account that will give you an opportunity to access instruments globally all commission free. The features of this account include:
- Minimum of deposit of 100 units of your respective base currency.
- Accepts the dollar, the pound and euro as base currencies.
- Spreads from 1.6 pips.
- Maximum leverage of 1:500.
- No commissions are charged at all.
The Tickmill Pro Account
Another lucrative account that gives you access to a range of trading instruments and also tighter spreads. This is an account type for high-rollers or those that want to stake more in trading.
The features of the pro account include:
- Minimum deposit of 100 units of your respective base currency.
- Spreads from 0.0 pips.
- Commissions of 2 per side for every 100000 traded.
- Maximum leverage of 1:500.
The Tickmill VIP Account
The VIP account is an account designed for the most loyal client who are experienced and trade using high amounts. For this account, you will fill up an online form and you will be alerted if your application has been approved. The features of this account type are:
- Have a minimum balance of 50000 units of your respective base currency unit.
- Accepts the dollar, the euro, and pound as base currencies.
- Maximum leverage of 1:500.
- Spreads starting from 0.0 pips.
- Minimum lots of 0.01.
- A commission charged at $1 per side for 100000 traded.
- Market execution type.
The Demo Account
The demo account is an account type for beginners to learn about the basics or trading and also for traders who seek to polish their skills in trading. This account will let you trade as a demonstration using virtual cash in a simulated trading condition resembling the real trading conditions. The difference is that you will not be required to deposit any funds so no gain neither any losses incurred while trading.
The Islamic Account
The Islamic account is an account type designed for clients of the Islamic faith that operates in accordance to the sharia law.in this I does not have features that support interest gains which is against the Islamic law. It also is swap-free.
The Company. Security Of Funds.
Tickmill is a trading name for Tickmill UK that was formed with the need of providing exceptional trading conditions to all clients worldwide. Sticking true to its mission, Tickmill has been able to provide the best trading conditions that have seen it expand to a lot of countries worldwide with clients appreciating the service it offers.
Established by traders with experience in trading worldwide and also in the prestigious markets of North America and Europe, it has been able to borrow a leaf from these traders' combined ideas to provide a service that leaves all clients satisfied. This satisfaction is also achieved by having the best workforce that caters for the needs of all their client and shows them a way through when needed.
Tickmill is top firm when it comes to legitimacy with valid and updated licenses from the respective regulatory bodies in all countries and territories it carries out its operations from. This licenses set out rules that enable Tickmill to operate harmoniously with all its clients. Among the licenses Tickmill has in its possession include:
- A valid license from the United Kingdom's financial conduct authority (FCA).
- A valid license from Seychelles’ financial services authority (FSA).
- A clean bill of operation from the Cyprus Securities and Exchange Commission (CySEC) from Cyprus.
In keeping up with the set rules and standards from these regulatory bodies, Tickmill has put a major insistence on the security and safety of clients’ funds entrusted to them. Among the measures employed to maintain the safety of these funds include:
- Use of segregated accounts to keep clients’ funds separated from the company’s funds.
- Negative balance protection.
- Using the services of credible banks in the storage of client’ funds.
Trading Conditions
Minimum Initial Deposit
The minimum initial deposit is $100 that will serve as your base trading capital in the execution of trades.
Leverage
The maximum leverage is at 1:500 while the minimum is at 1:30.
Spreads
Spreads starting from 0.0 pips.
Trading platforms
Tickmill has the best selection in trading platforms that gives clients an access to among the most lucrative features that enhance their trading experience. The platforms that Tickmill uses are the Meta Trader 4 platform and the webtrader platform.
The Meta Trader 4 Platform
This is one of the best trading platforms from Metaquotes that comes with a host of features under its wings promising a very comfortable trading experience. Among its features include:
- Easily customizable platform.
- User-friendly interface.
- Available for both pcs and mobile phone devices.
- Has a host of advanced features in charting, drawing and analytical tools.
- Offers expert advisors trading facilities.
The Tickmill Webtrader Platform
The webtrader platform is also supported by the Meta Trader 4 platform and is accessible as a webpage. It is easily accessible and compatible with a host of devices and browsers. The features of the Tickmill webtrader platform are:
- Easily accessible.
- Compatible with a host of browsers.
- Customizable price charts.
- Provides real-time quotes.
Promotions
The following are the promotions currently being offered by Tickmill.
- The $30 welcome account bonus without having to make a deposit.
- Trader of the month cash price of $1000 for the best client in risk and money management.
Deposits And Withdrawals
Deposits and withdrawals are very easy to handle and are totally hassle-free. Tickmill utilizes the services of the most credible payment channels in the processing of your funds and includes Dotpay, Neteller, Visa and MasterCard, and Bankwire among others. No commissions are charged at all in either transactions and processing time ranges from a matter of seconds to being instant.
BRIEFLY ABOUT Tickmill
Despite being a newcomer to the sector, Tickmill can surely hold its place in the table of the best forex traders. This is a commendable trader for both new and experienced clients. A peek into Tickmill customer comments and reviews will encourage you to deal with this credible brokers.
Trading accounts of Tickmill
- Classic
- Pro
- VIP
Trading platforms: | MetaTrader 4 |
Minimum Deposit : | 25 $ |
Deposit currency : |
USD - US Dollar EUR - Euro GBP - British Pound PLN - Polish Zloty |
Trading instruments:
| Forex1:500
Number of currency pairs: 62
CFD's1:500 Amount of assets : 84
Metals1:500
|
Stop Out:
| 30 % |
Minimum position size:
| 0.01 лотов |
Execution type:
| Market Execution |
Swap Free:
| Not |
VIP Account:
| Not |
Spread type:
| Floating |
Decimal places:
| 4 characters |
Margin Call:
| 100 % |
Speed of execution:
| 0.1 sec. |
Phone trading:
| Not |
Trading platforms: | MetaTrader 4 |
Minimum Deposit : | 25 $ |
Deposit currency : |
USD - US Dollar EUR - Euro GBP - British Pound PLN - Polish Zloty |
Trading instruments:
| Forex1:500
Number of currency pairs: 62
CFD's1:500 Amount of assets : 84
Metals1:500
|
Stop Out:
| 30 % |
Minimum position size:
| 0.01 лотов |
Execution type:
| Market Execution |
Swap Free:
| Yes |
VIP Account:
| Not |
Spread type:
| Floating |
Decimal places:
| 4 characters |
Margin Call:
| 100 % |
Speed of execution:
| 0.1 sec. |
Commission:
| $ 2 per lot |
Phone trading:
| Yes |
Trading platforms: | MetaTrader 4 |
Minimum Deposit : | 50000 $ |
Deposit currency : |
USD - US Dollar EUR - Euro GBP - British Pound PLN - Polish Zloty |
Trading instruments:
| Forex1:500
Number of currency pairs: 62
CFD's1:500 Amount of assets : 84
Metals1:500 Energy sources1:500 |
Stop Out:
| 300 % |
Minimum position size:
| 0.01 лотов |
Execution type:
| Market Execution |
Swap Free:
| Yes |
VIP Account:
| Yes |
Spread type:
| Floating |
Decimal places:
| 4 characters |
Margin Call:
| 100 % |
Speed of execution:
| 0.1 sec. |
Commission:
| 1.6$ |
Phone trading:
| Yes |
Recent customer reviews of Tickmill
Advantages: I WAS ABLE TO RECOVERY MY FUNDS
Disadvantages: NIL
Comment: Hello everyone it is possible to retrieve your stolen bitcoins. I never believed in bitcoin recovery because I was made to understand that it is not possible. But sometime in DECEMBER I fell for a binary options scam which promised a higher return and I lost close to $75,000. I read an article on (reddit) as regards to a recovery expert and genius so I reached out to SCAM RECOVERY SITE, and to my surprise I got all bitcoins recovered within 24hours frame. I don’t know if I’m allowed to share the links on here but you can contact them if you are finding it very difficult to withdraw your funds at, Scamrecoverysite at fastservice dot com All thanks to them.
Advantages: I was able to withdraw my funds
Disadvantages: Scam
Comment: Hello everyone I will advice you to contact One Standard Finance, for better understanding because their strategies really helped me to withdraw my money that was stuck in my broker account and I even made more huge profits. They are genuine and honest. you can contact them if you discover that your broker is scamming you or having withdrawal problem.via (support at onestandardfinance. com
Advantages: Execution, support, withdrawal
Disadvantages: None
Comment: Trading with Tickmill for a few months now and earning decent profits. So far, I’ve never experienced any problem with execution and withdrawal. Trading environment I must say is better in this broker than other brokers regulated by CySec. Support is very much helpful. They never miss a single email. They respond in a timely manner.
Most recovery companies will take your money again. I personally think they are the same set of people that run all of them, seems like an unending cycle and its too sad. The most crazy thing about the whole internet thing is how you can clone a website to make it look like the real one, I discovered so many people fell into this kind of scams. The only recovery company I know that works is Freddictine At gmail dot com I have been to their physical address to meet them before and the good thing about them is that they will let you know if they can handle your case or not. So they will not just take your money when they already know they wont help you out. email them on Freddictine At gmail dot com
Most recovery companies will take your money again. I personally think they are the same set of people that run all of them, seems like an unending cycle and its too sad. The most crazy thing about the whole internet thing is how you can clone a website to make it look like the real one, I discovered so many people fell into this kind of scams. The only recovery company I know that works is Freddictine At gmail dot com I have been to their physical address to meet them before and the good thing about them is that they will let you know if they can handle your case or not. So they will not just take your money when they already know they wont help you out. email them on Freddictine At gmail dot com