9 /10
Overall Rating

Tickmill Review

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Tickmill is a global provider of financial services with a prime focus on CFDs on Forex, Stock Indices, Commodities and Bonds as well as Futures and Options. The broker is regulated by the Financial Conduct Authority (FCA) of the United Kingdom, the Cyprus Securities and Exchange Commission (CySEC), the Seychelles Financial Services Authority (FSA), the Labuan Financial Services Authority and the Financial Sector Conduct Authority of South Africa.

Based on our readers-first policy, putting their safety as a priority in our business line, we, as AtoZ Markets, scrutinize not only the broad headline with which a brokerage platform identifies itself, but even the smallest details about it. This comes from our belief in values in the first place, and the must-have truth and transparency in what we publish on our website, en route of keeping the trust our readers put in us, which of course has contributed much to our name and stands behind its continuous ascendance. 

For the above mentioned, we stand on our toes checking all the ins and outs in a broker’s business history, biography and reputation, when it comes to presenting our audience with an overview about a brokerage firm. In this review, we host the Tickmill forex broker.

Overview

Company
9 /10
Trust
9 /10
Trading Platform
9 /10
Account Types
9 /10
Costs
9 /10
Customer Support
8 /10
Regulation
9 /10

Company

9 /10

Established in 2014 and holding licenses from reputed regulators in the forex industry, Tickmill provides first-class products and services, catering to the needs of the most sophisticated retail and professional clients around the world. The broker is headquartered in Seychelles and offices in UK, Cyprus, Seychelles, Malaysia, South Africa. As an industry acclaimed broker with more than 15 awards under its belt. Tickmill offers superior trading conditions such as spreads from 0 pips, ultra-fast execution averaging 0.20s. and outstanding client support in more than 15 languages.

Pros

  1. Customer support is responsive, multilingual and 24/5.
  2. Payment options are good
  3. Secured deposit and fast withdrawal.
  4. Welcome account bonus
  5. Low spread & High leverage. 

 

Cons

  1. Doesn't provides MT5 platform

Trust

9 /10

Trust is the most important factor that plays a critical role for beginner traders to open a new account with any broker. As per our research, Tickmill has been operating as a broker for a long period of time and even though other companies came and overtook it in terms of trade, it's still standing strong. Many traders trust it as an honest and reliable broker because it's fully licensed and regulated. It adheres to all the industry standards and only delivers quality services to its customers.

Tickmill is licensed and regulated by some of the most reputable authorities in different parts of the world hence its global reach. 

It currently has a total of 263000+ registered accounts with 111000+ customers satisfied with its services and platform. Over the many years, it's been operational, this broker has managed to trade more than $215Million and has 150+ employees spread all over the world.

Trading Platform

9 /10

Like other forex brokers in the market, Tickmill provides MetaTrader 4 terminal (for Windows, iOS and Android). Tickmill allows users to trade in the financial markets (Forex & CFD). It provides the necessary tools and resources for analyzing the pricing dynamics of financial instruments, making trade transactions, and creating and using automated trading programs (Expert Advisors).

Combined with Tickmill’s enhanced trading conditions, the user gets access to a globally recognized trading platform accompanied by spreads from 0 pips and 0.20s execution.

Account Types

9 /10

Tickmill offers three types of accounts for their clients, they are Classic account, Pro account, and VIP account, the last one accommodating users willing to invest serious funds. All the accounts are well suited for the beginner and expert trader. There are also swap-free Islamic accounts, which is a nice inclusion that lets even more traders enjoy their services.

CLASSIC

  • Minimum deposit: $100
  • Minimum balance: N/A
  • Spread: 1.6 pips
  • Maximum leverage: 1:500
  • Commissions: Zero Commissions

PRO

  • Minimum deposit: $100
  • Minimum balance: N/A
  • Spread: 0.0 pips
  • Maximum leverage: 1:500
  • Commissions: 2 per side per 100,000 traded

VIP

  • Minimum deposit: N/A
  • Minimum balance: $50000
  • Spread: 0.0 pips
  • Maximum leverage: 1:500
  • Commissions: 1 per side per 100,000 traded

Costs

9 /10

Tickmill trading conditions really seem good. The leverage levels provided are high, reaching 1:500, which will suffice the needs of almost all types of traders. Yet, it is important to note that the higher the leverage, the greater the risk of loss.

Besides, the cost of trading with this broker seems low – the initial deposit required is not high, and the benchmark EUR/USD spread is floating around 0.7 pips (no commission applies).

Customer Support

8 /10

Representatives are available to help traders and investors via email, chat and local telephone numbers 24/5. 

Regulation

9 /10

Tickmill holds a regulatory licence from Tier1 regulator, which plays as a trust factor for most of their customers. The broker is regulated by the Financial Conduct Authority (FCA) of the United Kingdom, the Cyprus Securities and Exchange Commission (CySEC), the Seychelles Financial Services Authority (FSA), the Labuan Financial Services Authority and the Financial Sector Conduct Authority of South Africa.

Conclusion

Tickmill team has more than decades of experience across different markets, and a clear understanding of what makes the difference when you open a trade. Most importantly, the client's success is the main focus. The firm has created a place where we aggregate technology innovation, ultra-low spreads, fast execution and exceptional customer service, offering the opportunity to know yourself as an investor or a trader.  

The company provides Forex, Metals, Indices, Commodities, and Cryptos through MT4 with lower brokerage cost, indeed!  We, at AtoZ Markets, provide totally unbiased reviews of the forex broker. By doing deep research for the forex broker, we have learned that Tickmill is a reliable forex broker. However, based on your requirements and choice you should figure out by looking at the pros and cons, costs, customer support, etc before opening an account with Tickmill.

Reviewed By

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