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.

Verdict3.9 / 5

Tickmill Review

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. 

CountriesNorthern Mariana IslandsBelizeBahamasNigeriaIndonesiaEgyptSt. Barthélemy
DevicesAndroidApple
Bonus Welcome Account by TickmillMax insured No

Our Verdict 3.9 / 5

Commissions & Fees3.7 / 5
Deposit & Withdrawal3.7 / 5
Customer Support4 / 5
Account Opening3.7 / 5
Regulation & Safety4.6 / 5

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

Type of accountsUnlimited Demo AccountsStandard AccountsVIP accounts
Trading platformsMetaTrader 4MetaTrader 5
Execution modelNDD
Deposit currencyUSDEURGBPPLN
Regulatory complianceFCAFSA
Deposit payment systemsVisaMasterCardSkrillNeteller
Withdrawal payment systemsVisaMasterCardSkrillNeteller
Support languagesEnglishArabicVietnameseIndonesianSpanishItalianChineseKoreanPolishRussianThai
Auto tradingMyfxbook AutotradezulutradeSignal Start
Contact details[email protected]+852 5808 7849Customer service ↗

Customer reviews

Overall score 4.6 / 5 · 12 customer reviews

Read real reviews from traders all over the world:

Naomi Uchida ★ 5/5

Excellent platform and communication overall. Withdrawals are extremely fast .My Neteller payment cleared in under 30 minutes with no extra fees

Amina Siddiqui ★ 5/5

My five-month trading experience has been excellent thanks to tight spreads and reliable customer support. They truly exceeded my expectations

Tomoya Kawaguchi ★ 5/5

Their wide range of payment options makes withdrawals very convenient. All my previous payouts were processed smoothly without a single issue

Musa Bello ★ 5/5

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

Dimas Nugraha ★ 4/5

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

Celeste Fontaine ★ 4/5

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

Umar Saleem ★ 5/5

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

Umar Saleem ★ 5/5

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

Jonas Hoffmann ★ 5/5

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

Areeba Tanveer ★ 5/5

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

Leyim ★ 5/5

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.

Iman ★ 2/5

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.

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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.

Tickmill Trader RAW - Tickmill

Swap-free account VIP account Phone trading Scalping Hedging Trading with expert advisers Trading 24 hours a day Trailing stop Interest on free balance Mailing the documents
Trading platformsMetaTrader 4MetaTrader 5WebTrader
Deposit currencyUSD
Trading instruments
  • 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

Swap-free account VIP account Phone trading Scalping Hedging Trading with expert advisers Trading 24 hours a day Trailing stop Interest on free balance Mailing the documents
Trading platformsMetaTrader 4MetaTrader 5WebTrader
Deposit currencyUSD
Trading instruments
  • 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

Swap-free account VIP account Phone trading Scalping Hedging Trading with expert advisers Trading 24 hours a day Trailing stop Interest on free balance Mailing the documents
Trading platformsMetaTrader 4MetaTrader 5WebTrader
Deposit currencyUSD
Trading instruments
  • 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
✓Currencies62
✓Indices20
✓Commodities17
✓Bonds4
✓Cryptocurrencies13

Tickmill bonuses and promotions

All Tickmill offers (3) →

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.

Tickmill compared with alternative brokers

Key figures for Tickmill and 3 similar brokers. Open them all in the comparison tool to see every spec side by side, or compare Tickmill with one of them using the links under the table.

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Tickmill logoTickmill12 customer reviewsStart trading
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Highlights
  • Free VPS hosting
  • Specialized trading accounts
  • Specialized trading accounts
  • Free VPS hosting
  • 24/7 instant money withdrawal
  • Specialized trading accounts
  • 24/7 instant money withdrawal
Overall verdict3.9 / 53.9 / 54.4 / 53.7 / 5
Minimum deposit————
Maximum leverage————
Withdrawal fee————
Deposit fee————
Safety4.6 / 54.6 / 54.6 / 53.7 / 5
Top-tier regulatorsFCA, SIBAVFSCASIC, FCANo
Investor protectionYesYesYesYes