Excellent platform and communication overall. Withdrawals are extremely fast .My Neteller payment cleared in under 30 minutes with no extra fees
Overview
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 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.
Asset Class | Retail Clients | Professional Clients |
Forex | 1:500 | 1:30 |
Stock Indices | 1:200 | 1:20 |
Commodities | 1:100 | 1:10 |
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.
Deposit Method | Currency | Processing Time | Minimum Deposit |
Bank Wire Transfer | USD, EUR, GBP | 2-5 business days | $100 or equivalent |
Credit/Debit Card | USD, EUR, GBP | Instant | $100 or equivalent |
Skrill | USD, EUR, GBP | Instant | $100 or equivalent |
Neteller | USD, EUR, GBP | Instant | $100 or equivalent |
FasaPay | USD | Instant | $100 or equivalent |
UnionPay | USD | Instant | $100 or equivalent |
Withdrawal
Withdrawals can be made through the same methods used for deposits. The processing time for withdrawal requests depends on the method used.
Withdrawal Method | Currency | Processing Time | Minimum Deposit |
Bank Wire Transfer | USD, EUR, GBP | 3-5 business days | $100 or equivalent |
Credit/Debit Card | USD, EUR, GBP | 1 business day | $10 or equivalent |
Skrill | USD, EUR, GBP | 1 business day | $10 or equivalent |
Neteller | USD, EUR, GBP | 1 business da | $10 or equivalent |
FasaPay | USD | 1 business day | $10 or equivalent |
UnionPay | USD | 1 business day | $10 or equivalent |
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.
Algeria
Andorra
Angola
Anguilla
Antigua & Barbuda
Argentina
Armenia
Aruba
Australia
Azerbaijan
Bahamas
Bahrain
Bangladesh
Belarus
Belgium
Belize
Benin
Bermuda
Bhutan
Bolivia
Bosnia & Herzegovina
Botswana
Brazil
British Virgin Islands
Brunei
Bulgaria
Burkina Faso
Burundi
Cameroon
Cape Verde
Cayman Islands
Central African Republic
Chad
Chile
China
Christmas Island
Cocos (Keeling) Islands
Colombia
Comoros
Congo - Brazzaville
Congo - Kinshasa
Cook Islands
Costa Rica
Côte d’Ivoire
Croatia
Cyprus
Czechia
Denmark
Djibouti
Dominica
Dominican Republic
Ecuador
Egypt
El Salvador
Equatorial Guinea
Eritrea
Eswatini
Ethiopia
Falkland Islands
Faroe Islands
Fiji
Finland
France
French Polynesia
Gabon
Gambia
Georgia
Germany
Ghana
Gibraltar
Greece
Greenland
Grenada
Guam
Guatemala
Guinea
Guinea-Bissau
Guyana
Haiti
Honduras
Hong Kong SAR China
Hungary
Iceland
India
Indonesia
Ireland
Isle of Man
Israel
Italy
Jersey
Jordan
Kazakhstan
Kiribati
Kuwait
Kyrgyzstan
Laos
Latvia
Lebanon
Lesotho
Liberia
Libya
Liechtenstein
Lithuania
Luxembourg
Macao SAR China
Madagascar
Malawi
Malaysia
Maldives
Mali
Malta
Marshall Islands
Mauritania
Mauritius
Mayotte
Mexico
Micronesia
Moldova
Monaco
Mongolia
Montenegro
Montserrat
Morocco
Mozambique
Namibia
Nauru
Nepal
Netherlands
New Caledonia
New Zealand
Nicaragua
Niger
Nigeria
Niue
Norfolk Island
North Macedonia
Northern Mariana Islands
Norway
Oman
Pakistan
Palau
Palestinian Territories
Papua New Guinea
Paraguay
Peru
Philippines
Poland
Portugal
Qatar
Romania
Russia
Rwanda
Samoa
San Marino
São Tomé & Príncipe
Saudi Arabia
Senegal
Serbia
Seychelles
Sierra Leone
Singapore
Slovakia
Slovenia
Solomon Islands
South Africa
South Korea
Spain
Sri Lanka
St. Barthélemy
St. Helena
St. Kitts & Nevis
St. Lucia
St. Pierre & Miquelon
St. Vincent & Grenadines
Sudan
Suriname
Sweden
Switzerland
Taiwan
Tajikistan
Tanzania
Thailand
Timor-Leste
Togo
Tokelau
Tonga
Trinidad & Tobago
Tunisia
Türkiye
Turkmenistan
Turks & Caicos Islands
Tuvalu
Uganda
Ukraine
United Arab Emirates
United Kingdom
Uruguay
Uzbekistan
Vanuatu
Vatican City
Venezuela
Vietnam
Wallis & Futuna
Western Sahara
Zambia
Zimbabwe
Our Verdict 3.9 / 5
See our process of evaluating brokers
Pros
- Regulated by multiple authorities, including FCA and CySEC
- Low minimum deposit requirement
- Offers a wide range of trading instruments, including cryptocurrencies
- Competitive spreads and commissions
- Negative balance protection for retail clients
Cons
- No social trading platform or copy trading feature
- No fixed spreads are available
- Limited options for account funding and withdrawal
- Limited customer support options outside of regular business hours
General details
Customer reviews
Overall score 4.6 / 5 · 12 customer reviews
Read real reviews from traders all over the world:
My five-month trading experience has been excellent thanks to tight spreads and reliable customer support. They truly exceeded my expectations
Their wide range of payment options makes withdrawals very convenient. All my previous payouts were processed smoothly without a single issue
I’m very satisfied with this broker because everything works perfectly as expected from commissions and spreads to withdrawals. Customer support was fantastic when I opened my account and I really like the new web design
Trading fees and execution are very reliable. I’d only suggest improving the ticket response time which is why I’m giving four stars for now
The platform is solid and the low fees are a big plus. I’d just like to see more payment options added like Revolut or Wise for faster local transfers
I’ve been trading here for over a year now. No gimmicks or hidden fees just straightforward low-cost trading. Tickmill’s webinars and weekly market analysis have helped me understand trends much better
I’ve been trading here for over a year now. No gimmicks or hidden fees just straightforward low-cost trading. Tickmill’s webinars and weekly market analysis have helped me understand trends much better
I use the desktop app for execution and the mobile one for monitoring and together they work really well. One thing that impressed me was how quickly the funds arrived after I cashed out
Personally I use Tickmill mostly for forex pairs but recently tried a few indices and futures and the spreads were tighter than expected. The education center is full of useful material which is great for someone like me who’s still learning
Advantages: Execution, support, withdrawal
Disadvantages: None
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.
Advantages: Good tools
Disadvantages: Platform freezes, customer service is useless
I’m really disappointed with Tickmill. Though the broker has many useful tools to help traders in their trading, their overall performance is just so so. Platform is also slow at times, and customer service is a little useless. I’ve only been here 2 months, and I feel like I’m leaving anytime soon.
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.
Tickmill Trader RAW - Tickmill
- Forex1:1000
- CFDs Indices1:1000
- Metals Gold, Silver1:1000
- Cryptocurrencies1:200
- Shares1:20
- Stock exchange Indices, Gold, Silver, Bonds, Eurex (EU)
- Min deposit$100
- Max leverage1:1000 for MT5, 1:500 for MT4
- Commission$3 per lot per side
- Execution typeother
- Speed of execution0.20 sec
- Spread typefloating
- Minimum position size0.01 units
- Maximum position size100 units
- Max. number of orders200
- Decimal places5
- Margin Call100%
- Stop Out30%
- Locked margin levelNot specified
RAW - Tickmill
- Forex1:1000
- CFDs Indices1:100
- Metals Gold, Silver1:1000
- Cryptocurrencies1:200
- Shares1:20
- Stock exchange Indices, Gold, Silver, Bonds, Eurex (EU)
- Min deposit$100
- Max leverage1:1000 for MT5, 1:500 for MT4
- Commission$3 per lot per side
- Execution typeother
- Speed of execution0.20 sec
- Spread typefloating
- Minimum position size0.01 units
- Maximum position size100 units
- Max. number of orders200
- Decimal places5
- Margin Call100%
- Stop Out30%
- Locked margin levelNot specified
Classic - Tickmill
- Forex1:1000
- CFDs Indices1:100
- Metals Gold, Silver1:1000
- Cryptocurrencies1:200
- Shares1:20
- Stock exchange Indices, Gold, Silver, Bonds, Eurex (EU)
- Min deposit$100
- Max leverage1:1000 for MT5, 1:500 for MT4
- Commission0
- Execution typeother
- Speed of execution0.20 sec
- Spread typefloating
- Minimum position size0.01 units
- Maximum position size100 units
- Max. number of orders200
- Decimal places5
- Margin Call100%
- Stop Out30%
- Locked margin levelNot specified
Tradable instruments
Tradable instruments on Tickmill trading platforms include:
- Forex
- Indices
- Commodities
- Bonds
- Cryptocurrencies
Tickmill bonuses and promotions
Frequently asked questions
Find the right answer to your question below.
Can U.S residents use Tickmill?
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).
How do I open a Tickmill Forex trading account?
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.
