Tickmill Review: Forex Broker & Trading Markets

Score

3/5

Min Deposit

$100

Min Spread

Variable

Regulation

FSCA, CySEC, FCA

Max Leverage

1:500

Positive Ratings

70%

Neutral Ratings

20%

Negative Ratings

10%

Company Summary

Aspect	Information
Registered Country/Area	United Kingdom
Founded Year	2014
Company Name	Tickmill
Regulation	FSCA, CySEC, FCA
Demo Account	Available
Minimum Deposit	$100
Maximum Leverage	1:500
Spreads	Variable spreads
Trading Platforms	Tickmill Trader and Mobile App, MetaTrader 4 and MetaTrader 5.
Customer Support	Email, Live Chats, and Calls
Payment Methods	Cards, Ewallets, and Wire Transfers

Introduction

Tickmill is an online broker. It is known to offer multiple trading opportunities. The platform is created with a user-friendly approach for traders. Tickmill Broker provides multiple trading assets, advanced tools, various account types, and extensive customer support.

This Tickmill review talks about the key features of the trading platform.

It includes security, transaction, and fee structures on the platform. Lastly, we will be able to understand whether the platform is legit.

Tickmill Overview

Tickmill is a well-regulated trading platform. It has offered services for over a decade. The platform is registered under top financial authorities providing a safer trading environment.

Apart from these, the platform offers multiple security measures making it easier for traders. Tickmill offers various educational resources that help traders make informed decisions and learn.

Trading Instruments on Tickmill

At Tickmill, you can access a variety of trading products. This helps traders create diversified portfolios. The instruments available are Forex, Indices, stocks, Bonds, Cryptocurrencies, and commodities. The major features of these assets are:

You can access over 60 FX currency pairs from the global markets. These are all minor, major, and exotic pairs for a better trading experience.
You can trade in raw materials, energy resources, and natural products like gold and oil.
You can get a better understanding of the global market movement.
You can also trade in the digital market of cryptocurrencies. The platform offers top digital currencies.
You can invest and trade in stocks from international companies. This helps in investing in different sectors.

Withdrawals and Deposits

The platform offers traders a variety of transaction methods during withdrawals and deposits. This includes bank transfers, cards, wire transfers, cryptocurrencies, and e-wallets.

The platform has a minimum deposit of 100 dollars, which is basic and perfect for trades with different budgets. Also, it has a minimum withdrawal amount of 25 dollars. These amounts might differ with payment methods.

Overall, the platform offers an instant transaction process. It takes not more than two to three business days for traders to transfer funds. Also, the platform provides a transparent structure with no hidden fees involved.

Account Types by Tickmill

The platform offers traders with a variety of trading accounts. These accounts help align with the trading goals of different traders. The accounts are:

Classic Account

These accounts are suitable for beginners. The account provides commission-free trading with spreads starting from 1.6 pips.

Raw Account

These accounts are ideal for experienced traders. The account offers tighter spreads (from 0.0 pips) and a low commission of $3 per side per lot traded.

Tickmill Trader Raw Account

These accounts are created for trades with higher budgets and goals. The account provides variable spreads from 0.0 pips and a commission of $3.5 per side per lot.

Apart from these, the platform offers demo accounts for traders beginning their journey. These demo accounts help them trade in real-time markets with virtual funds. This eliminates the risk of loss.

Also, the platform offers an Islamic account for the mentioned account. This Islamic account adheres to the Shariah law.

Well Regulated Trading Platform
Dedicated Customer Support
Multiple Account Types

High Deposit Amount
Involvement of the Fees in Different Accounts

Security and Regulations

The platform ensures the safety of the clients. Tickmill is known for its advanced security measures and regulatory status. The platform is regulated by tip financial authorities. These include the Financial Securities Authority, Cyprus Securities and Exchange Authorities, Fianacila Condust authorities, and more.

The platform has advanced features that make it a safe platform. These include:

Segregated accounts of the clients and the broker. This ensures the safety of clients’ funds.
Negative balance protection is a great feature. It reduces the risk of loss on the platform.
Regulations ensure the management of the security measures on the platform.

Fees and Commissions

Tickmill is known for offering traders a transparent and clear fee structure. The platform offers competitive spreads, and high leverage making your trading experience smoother.

Tickmill does not charge commissions on the Classic account. Whereas, it has some small amounts of commission involved for other account types. The platform does not incur any hidden charges. This makes it easier for traders to trade efficiently without getting scams.

This overall fee structure and commission are designed to cater to both traders and the trading platform.

Customer Support of Tickmill

Tickmill offers excellent customer support through multiple channels, including:

Live Chat

Accessible directly through their website, live chat offers quick responses for immediate queries.

Email Support

Traders can reach out via email (support@tickmill.com), and responses are generally swift, within 24 hours.

Phone Support

Tickmill offers phone support (+852 5808 7849) for those who prefer verbal communication. The team provides multilingual support to trades around the globe.

Apart from these, the platform also provides traders with FAQ sections and educational resources. These help in learning and resolving common issues. It makes trading easier for all. you can check out other similar brokers like tickmill on our website such as SmartSTP, TradeEU Global and Capitalix.

Is Tickmill a Scam?

Tickmill is not a scam. This can be included due to its safe and secure trading environment. Tickmill offers traders a well-regulated and registered trading platform. Its regulatory status and security measures make it a credible trading choice.

The platform offers traders dedicated customer support that makes it easier to resolve trading issues. Additionally, the platform also provides educational resources for trades to learn and invest better.

Overall, Tickmill is a trustworthy trading platform.

Conclusion

Tickmill is a well-regulated trading platform. It is designed to cater to traders with different experience levels. The platform provides the trader with advanced tools and features that make it a reliable choice.

Tickmill allows traders to expand their trading opportunities with multiple account types, trading assets, and a safe trading atmosphere. Lastly, the Tickmill is a reliable choice for traders making it perfect for beginners and experienced traders.

FAQS

FAQs

Is Tickmill regulated?

Yes, the platform is regulated and registered under top financial authorities. These include FCA, CySEC, and FSA.

What is the minimum amount required to open an account at Tickmill?

The platform requires a minimum of 100 US dollars. This is the same for all account types.

Does Tickmill charge for the transaction?

No, the platform does not charge extra for transactions on the platform. The payment methods might incur some fees.

What trading platforms does Tickmill offer?

The platfrom operates on multipel pltform. This inludes MT4, MT5, Tickmill webtraders, and mobile application.

Is Tickmill suitable for beginners?

Yes, with its Classic account and educational resources, Tickmill is beginner-friendly.

What is the maximum leverage at Tickmill?

The platform offers leverage of up to 1:500. It depends on location and regulatory requirements.

Does Tickmill offer Islamic accounts?

Yes, Tickmill provides swap-free Islamic accounts.

How long do withdrawals take at Tickmill?

The platform offers fast execution of withdrawals. They are processed within 24 hours of execution.

What instruments can I trade on Tickmill?

The platform offers multiple trading assets that help in diversifying the portfolios.

Is Tickmill a safe broker?

The advanced tools and comprehensive security measures make it easier for traders. They make the platform a safe trading space.