Tickmill Review: Online Trading Provider Updated 2025
In this section, you’ll find video tutorials covering different topics such as the basics of trading and trading strategies, copy trading, and trading platform tutorials. This review delves into Tickmill’s key features, potential drawbacks, and whether it’s the right choice for your trading needs. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs.
Tickmill’s Execution Model
No, Tickmill does not charge inactivity fees, which is a significant advantage compared to many other brokers. It’s not readily apparent from their FAQs if restrictions exist on switching account types. It’s best to contact Tickmill directly to inquire about their policy on changing account types.
TickMill Prime is the liquidity provider for the trading service which is also run by the company as their own forex and CFD liquidity provider. This helps ensure consistently deep liquidity that can result in you getting the very best asset prices available. When it comes to a VPS, this is provided by BeeksFX who offers a 20% discount if you are a TickMill client. The broker will also issue a margin call if you are trading on leverage and your position reaches a certain amount of account equity.
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We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. For beginner traders, Tickmill offers a range of educational tools, including webinars, video tutorials, and a trading glossary. The broker’s demo account is also available, allowing new traders to practice trading without risking real money. However, beginner traders should be cautious of the high leverage options, which can lead to significant losses if not managed carefully. Tickmill offers a range of account types to suit different trading styles and experience levels. Whether you are a beginner looking for simple trading conditions or an advanced trader seeking low spreads, Tickmill has an option for you.
Tickmill is a global broker that boasts 668,000 registered accounts from over 200 countries. Founded in 2014, the broker enables the trading of over 500 forex and CFD instruments on its MetaTrader platforms. Autochartist, Daily market outlook, signal center tools, advanced trading toolkit, etc are some of the tools provided for traders. The bonds market is one of the largest securities markets that allows investors to speculate on the stability of government treasuries.
Does Tickmill have Research and Education services?
These are some of the best-known and loved trading platforms with a huge wealth of experience in the industry. They are highly customizable, yet extremely easy to navigate and use for traders at all levels. They also support the EAs feature through which you can engage many auto trading strategies from around the industry. Tickmill offers excellent trading conditions tickmill review with a seamless user experience. Their educational resources are a great addition for traders at any level. The Classic account operates under the market maker model with the minimum spread listed at 1.6 pips, which is not as low as the spreads offered by most other brokers.
Withdrawal Fees
Tickmill is regulated by the FCA, CySEC, and FSA, providing a high level of security and credibility, which many other brokers may not offer. 🛡️Regulated and trusted by FSA.🛡️2408 new traders chose this broker in the last 90 days.🛡️Available for global Traders. Tickmill offers a no-limit, free demo account with a virtual balance of up to $50,000. Similarly, the provision of only gold and silver fail to provide adequate commodity exposure, but should be more than adequate for new traders.
Regulation & Deposit Protection
- Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com.
- Note that the commission-free Classic account has a much higher average spread on EUR/USD at 1.76 pips.
- Trading financial products carries a high risk to your capital, particularly when engaging in leveraged transactions such as CFDs.
- New traders need to confirm their identity by sending a copy of their ID as well as one proof of residency document.
- Tickmill offers Classic, Raw, and Tickmill Trader Raw accounts, each designed to meet different trader needs and preferences.
- Tickmill has made real strides in its expansion of platform offerings, putting it in competition with the brokers that lead the industry – despite its lack of a proprietary trading platform.
- This Tickmill UK review finds that the broker is transparent with its fees, something that we highly appreciate and feel that potential clients will also.
There is a dedicated page of the website that is easy to find and lists the spreads and swaps for all assets. Forex is where Tickmill performs best out of all the financial instruments available to trade. In total, there are over 60 currency pairs on offer, drawn mainly from the minor and major currency pairs. Tickmill does not currently offer much support for exotic currency pairs. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.
- An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.
- They can also take advantage of the broker’s top-of-the-line market research and actionable trading signals.
- This can enable an EA to immediately be placed within MT4 and you will instantly be able to see the features and commands involved.
- It provides the same features as the MT4 platform but runs directly in your browser.
- Tickmill has become a trusted market-leading broker because of its commitment to seeking regulations in several jurisdictions.
- Tickmill does not apply fees on deposits and withdrawals to and from Tickmill Wallets.
I’m impressed with Tickmill’s transparent pricing structure, which makes it easy to understand my trading costs. We are so please to hear you are satisfied with Tickmill’s offerings. We are so thrilled to hear that you are happy with Tickmill and their offerings. Wow, Thank you for taking the time to share your experience with us. Easy reports are curtail, we are go glad to hear you are getting the support you need to make informed decisions. Tickmill supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both of which are widely used for Forex and CFD trading.
Copy Trading
With copy trading, this can be done through Myfxbook and the MT4 trading platform for all TickMill traders thanks to their partnership. Overall there are over 80 assets to choose from with generally good spreads. The average is 0.9 pips on the UK100, and the same on Gold/XAU for example. Tickmill’s robust trading platform is perfect for both beginners and seasoned traders looking for an efficient trading environment. Tickmill’s trading platform is both reliable and user-friendly, making trading straightforward and efficient.
Futures and Options
The platform also has an intuitive strategy tester, allowing experienced algo traders to tweak the parameters of their strategies so that they can be used under different market conditions. I find Tickmill’s trading fees to be competitive overall, though they vary depending on the instrument and account type. Additionally, the broker does not impose a handling fee for deposits or withdrawals. Tickmill achieves fast execution speeds and provides VPS hosting for low-latency trading. Moreover, the MetaTrader 4&5 platforms support one-click trading, making Tickmill an ideal choice for scalping.