Aspect | Details for Tickmill Group |
Regulation and License | FSA, FCA, CySEC, BaFin and others in various jurisdictions |
HQ Location | 3rd Floor, 27 - 32 Old Jewry, London, England, EC2R 8DQ |
Founding Year | 2014 |
Leverage Range | Up to 1:500 (depending on Tickmill entity) |
Deposit Fee | No |
Withdrawal Fee | No |
Inactivity Fee | Yes |
Fee Ranking | Low/Average |
Tickmill Ltd is an established multi-asset broker, offering CFDs across various asset classes, including forex, stock indices, commodities, bonds, cryptocurrencies, and stocks. The Tickmill Group operates under multiple entities—Tickmill Ltd Seychelles, Tickmill UK, Tickmill Europe, and Tickmill South Africa—the broker is recognized for its low spreads and high leverage options.
The Tickmill Group operates under several authorities, including the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), the Financial Sector Conduct Authority (FSCA) in South Africa, and the Financial Services Authority (FSA) in Seychelles.
Committed to providing an outstanding trading experience, Tickmill offers access to over 600 tradable instruments, ultra-low spreads, and fast execution times. The platform supports various trading strategies, including scalping and hedging, and protects client assets through segregated accounts and Negative Balance Protection (NBP).
With a global presence and adherence to regional regulatory frameworks, Tickmill serves a diverse clientele in key regions such as the United Kingdom, Europe, and South Africa. This review will thoroughly analyze Tickmill's offerings, from trading platforms to customer support, to provide traders with a clear understanding of what to expect and how it suits their trading needs.
Tickmill's stringent regulatory oversight is a cornerstone of its reputation in the forex trading market. The broker adheres to strict rules to ensure a safe and compliant trading environment for its clients.
The regulatory framework for Tickmill includes:
Tickmill Ltd (Seychelles): Regulated as a Securities Dealer by the Seychelles Financial Services Authority (FSA) under license number SD008.
Tickmill UK Ltd: Authorized and regulated by the Financial Conduct Authority (FCA) in the United Kingdom under register number 717270 .
Tickmill Europe Ltd: Authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 278/15.
Tickmill South Africa (Pty) Ltd: Authorized and regulated by the Financial Sector Conduct Authority (FSCA) under license number FSP 49464.
Additionally, Tickmill UK Ltd has a representative office regulated by the Dubai Financial Services Authority (DFSA) under reference number F007663.
These regulatory authorities ensure that Tickmill complies with the highest standards of financial transparency and client protection. To safeguard customer funds, the broker maintains segregated accounts with reputable banks and provides Negative Balance Protection, ensuring clients cannot lose more than their deposited funds.
Furthermore, Tickmill adheres to strict Anti-Money Laundering (AML) and Know Your Customer (KYC) procedures as mandated by regulators such as the FCA and CySEC.
Tickmill provides a comprehensive choice of tradable instruments to cater to the diverse interests and strategies of traders worldwide. This choice assures that traders have access to a wide range of markets, increasing their ability to diversify and capitalize on various investment opportunities.
The key categories of tradable instruments at Tickmill include:
Forex: Tickmill offers trading on 62 currency pairs, encompassing major, minor, and exotic pairs. Traders benefit from leverage up to 1:1000 and spreads starting from 0.0 pips.
Stock Indices: Tickmill provides access to over 20 global stock indices, allowing traders to speculate on the performance of major corporations worldwide with low spreads and leverage up to 1:100.
Stocks & ETFs: Tickmill offers trading on 500 stocks and ETFs across multiple industries. Traders can benefit from no commissions, dividend payments, and leverage up to 1:20.
Bonds: Tickmill offers trading on German government bonds with spreads from 0.0 pips and leverage up to 1:100, providing opportunities to participate in fixed-income assets.
Commodities: Tickmill provides access to commodities, including precious metals like gold and silver, and energy commodities such as oil, with leverage up to 1:1000.
Cryptocurrencies: Tickmill offers trading on popular cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Cardano, Ripple, Stellar, Chainlink, Solana, and EOS. Traders can leverage up to 1:200.
Tickmill's extensive range of tradable instruments ensures that traders of all preferences and experience levels can find markets that align with their trading styles and objectives. This variety is a significant advantage for those looking to explore and capitalize on diverse market dynamics.
Tickmill recognizes traders' various preferences and demands by providing a variety of adaptable trading platforms. Each platform is tailored to different trading styles and degrees of skill, ensuring a smooth and effective trading experience. Here's a rundown of the trading platforms offered by Tickmill:
MT4 is renowned for its user-friendly interface, advanced charting tools, over 50 built-in indicators, and support for automated trading through Expert Advisors (EAs). It remains a preferred choice for traders across various experience levels.
MT5 enhances the MT4 experience by offering 38+ integrated indicators, 21 timeframes, multiple customizable charts, an integrated economic calendar, and support for six types of pending orders. It also features an improved strategy tester for EAs, catering to traders seeking a comprehensive trading platform.
Tickmill offers a native MetaTrader 4 application for Mac users, providing the same functionality as the Windows version. This includes advanced charting, technical analysis tools, and support for EAs, ensuring a seamless trading experience on macOS.
Tickmill Trader is a proprietary platform designed for a modern trading experience across multiple devices. It offers a user-friendly interface, multiple order execution types, and customizable charting tools. The platform is available as a WebTrader and a mobile app for both iOS and Android, ensuring seamless access to trading accounts.
Tickmill caters to diverse customers by providing a variety of account types, each targeted at distinct trading styles and experience levels. This flexibility means that both newcomers and experienced traders can pick an account that fits their trading style and goals. Tickmill's account kinds are broken out as follows:
Ideal for traders seeking a straightforward trading experience.
No commission on trades.
Minimum deposit of $100.
Spreads starting from 1.6 pips.
Leverage up to 1:1000.
Suitable for experienced traders desiring tighter spreads.
Commission of $3 per lot per side.
Minimum deposit of $100.
Spreads starting from 0.0 pips.
Leverage up to 1:1000.
Swap-free options available for both Classic and Raw accounts.
Complies with Islamic finance principles.
Risk-free platform for practicing trading strategies.
Simulates real market conditions with virtual funds.
Access to the same tools and features as live accounts.
Ideal for testing trading platforms and familiarizing with Tickmill's offerings.
Seamless trading experience on Tickmill's proprietary platform, available on smartphones.
Starting Deposit: $100.
Available Base Currency: USD.
Spreads From: 0.0 pips.
Max Leverage: 1:1000.
Minimum Lot Size: 0.01.
Commissions: $3.5 per lot per side.
Note: The minimum deposit may vary depending on the base currency.
Tickmill provides its clients with a variety of safe, efficient, and user-friendly deposit and withdrawal options. Tickmill has designed its deposit and withdrawal processes to be simple and hassle-free, recognizing the importance of financial comfort for traders. Here's a more in-depth look at the options and conditions:
Minimum Deposit: The minimum deposit is $100 or equivalent in USD, EUR, GBP, or ZAR, making it accessible to a wide range of traders.
Minimum Withdrawal: The minimum amount for withdrawals is $25 in the various currencies, ensuring easy access to funds.
Tickmill takes pride in its straightforward fee structure, which includes no commissions on deposits or withdrawals.
Deposits: Most deposits are processed within one business day, except cryptocurrency deposits which are processed instantly 24/7 allowing traders to begin or get back to their trading activity quickly.
Withdrawals: These are normally processed within one business day as well.
Tickmill's Mobile App enables traders to manage their accounts on the go, including creating accounts, depositing, withdrawing, and transferring funds. It features fast fingerprint and facial recognition login, providing a secure and convenient way to monitor equity and balance, as well as manage live trading accounts.
Considering the importance of mobility in trading, Tickmill provides a mobile app that allows traders to monitor their accounts and make transactions on the go. The app contains crucial features such as interactive charts, a full variety of trading orders, and access to trading history.
Higher volume traders can benefit from Tickmill's "Zero Fees Policy" in particular. Tickmill covers transaction fees up to $100 or equivalent for deposits starting at $5,000 USD or equivalent, made in a single bank wire transfer.
Bank Wire Transfer: A safe approach that is available in several currencies (USD, EUR, GBP, and ZAR).
Crypto Payments: Crypto payments are accepted in EUR, USD, and GBP for both deposits and withdrawals.
Credit/Debit Cards (Visa/Mastercard): Widely used and accepted in USD, EUR, and GBP.
E-Wallets: Skrill, Neteller, Sticpay, and FasaPay are all options that accept a variety of currencies (USD, EUR, GBP, IDR for FasaPay).
Country-Specific Availability: Some deposit and withdrawal options may be restricted depending on the trader's country of residence.
Base Currency: Withdrawals are performed in the client's trading account's base currency.
Inactivity Fee: Tickmill reserves the right to charge an inactivity fee where there is a lack of trading activity.
Tickmill offers a comprehensive suite of trading tools and educational resources designed to enhance the trading experience and support informed decision-making. Here's an overview of the key tools and services available to clients:
Webinars and Seminars: Interactive sessions covering a range of trading topics suitable for traders at all levels.
Ebooks and Video Tutorials: Self-paced materials that delve into various trading principles, catering to both novice and experienced traders.
The T-Show: A series providing trading insights, presenting complex information in an accessible format.
Infographics and Forex Glossary: Visual aids and a comprehensive dictionary to help traders grasp essential terms and concepts.
Fundamental and Technical Analysis: Resources to assist traders in understanding and evaluating market dynamics.
Articles and Market Insights: Regular updates and analyses on market trends, keeping traders informed about the latest developments.
Advanced Trading Toolkit: A suite of powerful tools for MT4 and MT5 platforms, including real-time market data, economic calendars, sentiment analysis, intuitive charting tools, and over 100 indicators.
Acuity Trading Tool: An AI-driven platform that combines news articles, diverse data sets, and natural language processing to provide market sentiment analysis, helping traders identify opportunities as they arise.
Signal Centre: Combines human and AI-driven analysis to offer actionable entry and exit points across multiple assets, including indices, stocks, currencies, commodities, and cryptocurrencies. Each trade idea comes with detailed analysis to support informed decision-making.
Economic Calendar: Keeps track of significant economic events and news that may impact the markets, aiding traders in staying informed about upcoming releases.
Forex Calculators: A collection of calculators to assist in computing margins, pip values, and other critical trading metrics.
Tickmill VPS: A Virtual Private Server service that enhances trading execution, particularly beneficial for traders employing automated strategies.
Tickmill offers a variety of partnership programs tailored to meet the needs of individuals and institutions, fostering mutually beneficial relationships. Here's an overview of their key partnership opportunities:
Designed for individuals or entities aiming to refer clients to Tickmill, the IB Program offers competitive commission rates and advanced tracking tools. Partners can earn commissions for every trade executed by their referred clients. The program provides access to a range of marketing materials and an intuitive IB portal for efficient client management.
Ideal for those with a strong online presence, such as bloggers or influencers, Tickmill's Affiliate Program allows partners to earn commissions by introducing new traders. Affiliates receive unique referral links to promote Tickmill and benefit from uncapped payouts, reliable payments, and performance tracking through the CellXpert platform.
Tailored for professional traders and investment firms authorized to manage client funds, the MAM program integrates seamlessly with MT4, enabling the management of multiple accounts from a single interface. It supports various allocation methods, allows the use of Expert Advisors (EAs), and accepts all standard order types, providing flexibility and efficiency in fund management.
For established businesses looking to offer trading services under their own brand, Tickmill's White Label program provides a customizable solution. Partners can tailor the trading platform and services to align with their brand identity, leveraging Tickmill's infrastructure to expand their service offerings without the need to develop their own trading systems.
To reward Introducing Brokers for their ongoing efforts, Tickmill offers an IB Loyalty Program featuring multiple tiers with cash prizes. As IBs grow their network and meet specific milestones, they can ascend through the tiers, earning additional rewards alongside their standard commissions.
Tickmill Prime provides institutional clients with access to premium liquidity and advanced trading solutions. This service is tailored for hedge funds, brokers, and professional traders seeking superior execution and bespoke liquidity arrangements to meet their specific trading needs.
Tickmill is committed to providing prompt and effective customer support, ensuring clients receive assistance whenever needed. Here's an overview of their customer service offerings:
Operating Hours: Support is available 24 hours a day, Monday through Friday, aligning with global forex market hours.
Email: For detailed inquiries, clients can reach out to support@tickmill.com. Responses are typically provided within 24 hours on business days.
Web Form: A 'Contact Us' form is available on Tickmill's website, allowing clients to submit various queries conveniently.
Telephone: Direct support is available through the client support line at +852 5808 7849. Support hours are Monday to Friday, 7:00 am – 4:00 pm GMT during Daylight Saving Time.
Live Chat: For immediate assistance, clients can utilize the online chat feature accessible directly on the Tickmill website.
FAQ Section: A comprehensive FAQ section on the website provides quick answers to common questions, assisting clients in finding information efficiently.
Pros | Cons |
Wide Range of Regulations | Inactivity Fee |
Demo Account | Not Publicly Traded |
No Deposit and Withdrawal Fees | |
Multiple Trading Platforms |
Tickmill distinguishes itself in the FX and CFD trading sectors by offering a comprehensive range of instruments and robust trading platforms, including MT4 and MT5. The company's commitment to regulatory compliance is evident through its oversight by reputable authorities such as the Seychelles Financial Services Authority (FSA), the Financial Conduct Authority (FCA) in the UK, and the Cyprus Securities and Exchange Commission (CySEC).
The broker's diverse account types cater to traders of varying experience levels, from beginners to professionals. Efficient deposit and withdrawal processes facilitate seamless fund management. Tickmill also offers comprehensive customer support, available 24/5, along with a variety of educational and trading tools to assist in skill development.
Overall, Tickmill presents itself as a reliable and competitive choice for traders seeking a complete trading experience.
Crypto flash crash: BTC down 12%, ETH 16%, altcoins 20-40% on tariff fears. $7B liquidated!
US slaps up to 270% tariffs on Chinese cranes! Trade war escalates, impacting global shipping valuations.
Trump slaps 100% tariff on China, limits software exports. S&P 500 tumbles 2.7% on trade war fears.
Wheat futures slide on commodity spillover & ample supplies. CBT, KC, MPLS down 5-9 cents. Planting nears completion.
Lean hog futures dipped, Oct down $1.975/week. Pork cutout up $1.78, but bellies fell. Slaughter down.
Live cattle futures rally $2-$3.45 on cash strength; feeders gain $1.47-$2.90. Oct cattle up $7.45 wkly.
Crypto and stocks dump as Trump eyes China tariffs. Bitcoin down 1.7%, ETH/SOL 5%. $773M crypto liquidations in 24hrs!