Introduction
If you are looking for a broker that has lots of accounts to choose from, various features and analyzing tools to make use of, is regulated & safe, and is trusted by its users, then you might be at the right place. Tickmill is one such broker that checks into all these requirements and is trusted globally.
But what exactly makes Tickmill unique and the right forex broker for you? Stay invested in this Tickmill review to learn more about this broker.
What is Tickmill?
Trickmill is one of the most trusted forex brokers that has proved itself through its performance and in-built strategies. Its mission is to build traders one after the other with its user-friendly platform interface and to empower them with their educational resources. FSA, Seychelles, regulates the Tickmill broker. Here is an overview of Tickmill:
Features | Accessibility |
Website | https://www.tickmill.com/ |
Islamic Account | Yes |
Demo Account | Yes |
Supports MT4 | Yes |
Supports MT5 | Yes |
Max forex leverage | 1:1000 |
Spreads start from | 0 pips |
Initial Deposit | $100 |
Minimum lot size | 0.01 |
Countries serviced | Over 180 |
Advanced tools | Yes |
Customer Support | support@tickmill.com |
Some achievements of Tickmill are:
Trading Instruments
Forex: One of the most popular choices here is Forex trading. At Tickmill, there are more than 60 currency pairs to trade from. Traders can get a leverage of upto 1:1000 with a typical 0.0 pips on major currency pairs.
Stock Indices: Users have the option to select from over 15 stock indices to trade. Traders can get a leverage of upto 1:100 and low spreads.
Commodities: There are various commodities traders can select from including gold, silver, and platinum. Leverage goes upto 1:1000 with spreads starting from 0.0 pips.
Bonds: Bond trading starts at very low spreads with a leverage of upto 1:100.
Cryptocurrencies: Traders have various options including Bitcoin, Ethereum, Litecoin, Cardano, Ripple, Stellar, Chainlink, EOS, and Solana. Traders can trade for 24*7 and get leverage of 1:200 with no commission and tight spreads.
Stocks: With 500+ stocks, users can trade and get a leverage of 1:20 and enjoy dividend payments with zero commissions.
Security and Regulation
Insured Funds:
In an unlikely event, Tickmill provides insurance of funds from $20,000 – $1,000,000 with Lloyd’s
Segregated and Secured Funds:
Tickmill works wonky with reputed and well-established banks. It segregates user’s bank accounts from the ones made by the company.
High Regulation:
Tickmill is a secured and transparent broker that is regulated by jurisdictions such as FSA, FSA (Labuan), FCA, FSCA, and CySEC.
Types of Accounts
Traders can access these 4 account services to start their trading journey at Tickmill.
Raw Account:
Traders who wish to strengthen their trading game can opt for a Raw account. It allows the users to practice all types of strategies. Spreads start from 0.0 pips and just a $3 commission per lot.
Classic Account:
With its classic account, traders can trade commission-free and get access to global markets. Spreads start from just 1.6 pips.
Islamic Account:
Be it a Raw or a Classic trading account, both can be turned into Islamic accounts. The only difference between them is the swaps. It also abides by the Sharia law in order to keep the trading Halal for traders of the Islamic faith.
Demo Account:
Not ready to trade in the live market yet? Worry not! With the Tickmill Demo trading account users can now get an experience of live trading without serious risks to worry about. Not only Tickmill but there are various other brokers such as FXROAD and Equiity that provide free demo accounts.
How to make a trading account on Tickmill?
Traders can start their trading journey with Tickmill by following these steps:
Step-1: Visit the official website and click on Open Account.
Step-2: Select the account type and proceed with the process by entering the required details.
Step-3: User will then receive a conformation mail.
Step-4: Upload the necessary documents and complete the process.
Step-5: The process is now complete. You habe created for yourself your trading account on Tickmill successfully.
Tickmill Login
Users can login to their trading accounts by visiting the Tickmill login page and entering their registered Mail ID and password.