Tickmail

Join live discussion of tickmill.Com on our forum aug 17, 2020 - 1 star this is SCAM company and it should be put where it belongs, to SCAM brokers.

Top-3 forex bonuses

Their ratings erased.

Tickmill review

Tickmill is forex broker. Tickmill offers the MT4 and MT4 webtrader trading currency platforms. Tickmill.Com offers over 60 currency pairs, gold, sliver, bonds and cfds for your personal investment and trading options.

Broker details

established:	2015
address:	3, F28-F29 eden plaza, eden island, mahe, seychelles
contact:	support@tickmill.Com, +852 5808 2921
regional offices:
regulators:	cysec #278/15, FSA-S #SD 008, FCA #717270
prohibited countries:

deposit methods:

bank wire, VISA, mastercard, fasapay, globe pay, local bank transfers, neteller, ngan luong, qiwi, skrill, sticpay, unionpay

withdrawal methods:

bank wire, VISA, mastercard, fasapay, globe pay, local bank transfers, neteller, ngan luong, qiwi, skrill, sticpay, unionpay

Live discussion

Join live discussion of tickmill.Com on our forum

Tickmill.Com profile provided by tickmill, nov 10, 2016

Tickmill is an award-winning global ECN broker, authorized and regulated by the FCA of the united kingdom and the FSA of seychelles. Tickmill offers its retail and institutional clients various trading services with a prime focus on forex, stock indices, commodities, cfds and precious metals. The company has distinguished itself among global ECN forex brokers by providing excellent services with low spreads, some of the industry’s lowest ECN commissions and ultra-fast execution with the state-of-the-art london trading servers located at equinix LD4 data center. Our team members have trading experience that goes back to 1989 and we have successfully traded all major financial markets from asia to north america.

In june 2016, tickmill recorded a monthly trading volume of $49.1 billion, followed by a record-high trading volume of $51.7 billion in july, which makes it one of the largest retail forex brokers in the world.

Video

Your company video here? Contact ad sales

Let other traders know if this service is worth checking or should be avoided.

Traders reviews

Length of use: over 1 year

I have been with tickmill over 5 years and they are my experience with them is excellent.
They provide direct market trading with minimal commission and almost no slippage.

Deposits and withdrawals are fast if using skrill or neteller even faster.

They do have a client outreach and communicate with you occasionally on promotions or events they hold.

I have had no qualms' with them at all.

Commendable and one of the best. Keep up the good work.

Length of use: over 1 year

Tickmill threatens with legal action against me because I expose truth on social media how they refuse to pay me my funds, $35 966! Funds are not paid for more then 6 months already, and they now even threaten with legal action against me. I fight this SCAM company hard with regulators and I am going also to bring my case on court. This unjustice and fraudulent behavior must be stopped!

I strongly advise everyone to stay away from tickmill. This is SCAM company and I kindly ask forexpeacearmy to mark this company with SCAM label and their ratings erased to 0.

Aug 17, 2020 - 1 star this is SCAM company and it should be put where it belongs, to SCAM brokers. Their ratings erased.

Their price at the moment is on 24.10 $. Also straight forward crippled price action. While at same time december futures 2020 contract price which they claim they follow is on 43.22 $ with very much visible dips during upside movement. Something which we do not see in tickmill's price action!

For situation to be even worse, they charge insane swap for long positions of more then 14 points! Total SCAM! This must be punished!

Tickmill continues their fraudulent activity by offering imaginary, fake, and wrong spot WTI price. Price which has nothing to do with reality, or with any futures contract price. Random number they transmit.

I am in close contact with FSA regulator which works on my case, and hopefully this week there will be some real progress regarding my case, and my funds paid in full.

Tickmill must pay me funds they owe me, $35 966 must be paid to my trading account # 3033967.

For more information about my case, you can follow it here: scam - scam alerts - tickmill SCAM! Offers invalid WTI price in close only mode, wrong price execution for all bigger trades.

May 11, 2020 - 1 star I am going to describe 2 problems I ran into with tickmill. My trading account # 3033967.

First and main problem is fake and imaginary WTI CFD price they offer in the moment. Their price currently is at 9.64$ for barrel, while true WTI CFD price is 26$ for barrel, it can be checked with any other broker, or simply by looking at CME futures prices for WTI, all contracts are above 25$ for barrel. Tickmill have applied close only mode on WTI, and since I have 3 long positions I am not able to close my positions with significant profit of 26 000$, and trader can not open new long positions on that absurd, fake, low price they offer because it is only close only mode applied. I would have no problems with their close only mode if they offer true WTI CFD price, instrument I was trading with. Their excuse is that they follow movement of december 2020 futures price, which is also invalid since price for december futures is over 30$ for barrel, and also price movement is completely different. They refuse to pay my winnings after weeks of annoying conversations and invalid arguments they try to provide. I am experienced trader who has account with over 10 brokers, and what they say is completely absurd and not acceptable! Difference in their price from true price is almost 300%, no LP can justify that. There is only one true WTI CFD price and it is between 26$ and 27$ for barrel at the moment I am writing this review.

Second problem I encountered with wrong price execution for trades bigger then 1 lot size. This applies for all FX pairs and metals. Order is executed on price NOT SHOWN in MT4, but on price worse for client by 1-2 points. This happens every time, for manually opened positions and pending positions. They stole from me on over 500 trades these 1-2 point. It is not slippage, it is wrong price execution! I brought this issue also to them, and gave them chance to refund what they were stealing from me for years, but they refused with no true explanation provided, only fake arguments which has nothing to do with reality. Experienced trader like me can not be fooled or tricked like that.

I am going to continue to fight with them with these two problems and claim my funds via court if necessary if they continue to refuse to pay what they owe me.

Everyone can feel free to contact me directly here on FPA if further details about tickmill are wanted.

Reply by tickmill submitted may 15, 2020 hi deltoid88,

We have provided all necessary clarifications and have assisted with detailed explanation in regards to your trades.

If you have any additional concerns, you can reach out to our support team.

Tickmill

Educational section is a little limited.

No cfds on individual stocks.

$50,000 deposit required to access really low commission.

Min deposit

Max leverage

Mini account

Bonus

Platforms

Withdrawal options

Review

Comparison

Review

Introduction

Tickmill is a relatively new broker which was founded in 2015. There are two entities with a UK company complying with new CFD and forex regulations and the seychelles registered company offering greater levels of leverage.

Tickmill is regulated by the FCA in the UK and the FSA in the seychelles. They are also authorised by cysec in cyprus.

Tickmill is managing to establish a name for themselves and were awarded the best forex execution broker at the UK forex awards in 2018.

The easy to navigate website is available in 15 languages.

Trading conditions

Tickmill charges floating spreads for all accounts, though the spreads for pro and VIP are zero on some instruments. Stop loss and take profit orders can be entered with no limitations. Trailing stops are only active while MT4 is open.

Leverage for accounts held with tickmill UK complies with ESMA regulations. Maximum leverage for major FX pairs is 1:30, for other currencies, major indices and gold it is 1:20, for silver, oil and other indices 1:10 and for bonds it is 1:5. UK accounts are stopped out at 50% of margin.

Accounts held in the seychelles can increase their leverage to 1:500 and the stop out level falls to 30%.

A new client bonus of $30 is currently offered.

Tickmill offers 4 different types of accounts, including demo accounts.

Classic accounts require a minimum deposit of $100 and offer spreads starting at 1.6 pips with no commission.

Pro accounts require a minimum deposit of $100 and spreads starting at 0, but charge commission.

VIP accounts require a minimum deposit of $50,000 and spreads starting at 0 and charge lower commissions.

All of these accounts can be converted to islamic swap free accounts. They can also all be funded in USD, EUR, GBP and PLN.

Demo accounts allow newbie clients to practice their trading with all the available platforms, instruments and with real time pricing.

Tickmill also offers bespoke solutions for money managers and institutions.

Newbie traders should start with the classic account in the UK which offers competitive spreads, a relatively low deposit requirement and modest leverage.

Products

Tickmill offers more than 60 currency pairs and cfds on 14 stock indexes, oil, precious metals, bonds and cryptocurrencies.

The currency pairs include all major pairs and all the minor and exotic pairs that are favoured by forex traders. Indices include the dow 30, S&P500, FTSE 100 and most other major global indices. These cfds are based on the index futures contracts.

Clients can also trade west texas oil, gold, silver, german government bonds and cfds on bitcoin.

Cfds on individual stocks are not available from this broker.

Regulation

Tickmill UK is based at 1 fore street, london, EC2Y 9DT. This entity is regulated by the financial conduct authority (register number: 717270). UK accounts also benefit from deposit protection.

Tickmill seychelles is based at 3, F28-F29 eden plaza, eden island, mahe, seychelles and regulated by the financial services authority (with licence no. SD 008).

Platforms

Tickmill offers clients a choice of two platforms, metatrader 4 and web trader, which is a browser-based version of the same platform. Tickmill doesn’t seem to have any proprietary platforms on offer.

Metatrader 4 is an award-winning trading platform widely recognised as the gold standard for forex trading. It offers 9 time frames and more than 85 indicators. Users can access and share eas (expert advisors) and automated trading systems, and back test their own trading strategies.

MT4 can be installed on windows and OS X pcs, as well as mobile devices.

Mobile trading

As far as mobile accessibility goes, tickmill’s offering is fairly standard.

The website is reasonably easy to access and navigate using mobile devices. MT4 can be installed as an app on ios and android devices. This allows traders to access their accounts while on the go, with nearly all the functionality of the desktop platforms.

The browser-based version of MT4 is also mobile friendly.

Pricing

Tickmill’s pricing is competitive when compared to other brokers. The spreads charged on the classic accounts are higher, but about average for small accounts.

Both the pro and VIP accounts are ECN accounts and offer lower spreads but charge commission. The low commission on the VIP account is especially attractive, but a $50,000 deposit is required. The higher commission on the pro account is about average for similar accounts, though spreads can add an unknown factor.

The typical spreads for ECN accounts on the EUR/USD pairs seems to be 0.2 pips which is toward the lower end of the range when compared to other brokers.

We didn’t find complaints about the spreads, though some people commenting in online forums complained about slippage.

Deposits & withdrawals

Tickmill offers the usual range of deposit and withdrawal options, including credit and debit cards, wire transfers, neteller, skrill, and a few other ewallet solutions. Minimum deposits are generally $100, and minimum withdraws $10. No fees are charged for any deposits or withdrawals apart from wire deposits below $5,000.

The broker claims deposits are all processed instantly and withdrawals within 1 working day. We did find some complaints online about withdrawals taking longer which tickmill said was due to service providers.

Customer support

Customer support is available via email, phone, call back and live chat. The broker can also be reached on social media channels. Support is advertised as being available 24 hours a day on business days.

Support is available in english, indonesian, italian, chinese, russian, spanish, and polish.

We did find a few complaints regarding the level of professionalism and knowledge of the support staff.

Research & education

Tickmill’s education section consists of an extensive glossary, video tutorials and educational articles. For the most part these are fairly basic and cover the fundamentals clients will need to get started.

Regular webinars are also hosted to discuss the market, though these all appeared to be in portuguese and german when we checked.

The educational resources are sufficient for newbies to get started, but to become a competent trader more material will be needed. That’s not necessarily a problem as there are plenty of educational resources available around the web for free.

Noteworthy points

For the most part tickmill’s offering is very standard, but there are a few unique features. The broker runs a trader of the month competition with a prize of $1,000. The prize is based not only on profits but on risk management as well.

Another unique competition is the NFP machine competition in which clients predict the price of a specific instrument 30 minutes after US non-farm payrolls are released. The prize is $500 for an exact match or $200 for the closest guess.

In 2016 tickmill won the chinese forex expo awards for “the most trusted forex broker” and “the best ECN/STP broker.”

In 2017 they won the “most trusted broker 2017” award from the UK global brands magazine.

IN 2017 tickmill was awarded the ‘best forex trading conditions’ prize at the UK forex awards, and in 2018 they won “best forex execution broker” at the same event.

In general, the broker seems to have a good reputation and most complaints we found seemed to be relatively trivial. They don’t appear to be the subject of any major investigations or disputes

Conclusion

Tickmill is a very standard broker in many respects. For newbie traders the range of instruments is good, and the pricing is fair for small account sizes. The UK entity’s low leverage is ideal for those still learning the ropes. The educational resources are enough to get started. Another advantage for new traders is that the offering is simple without an endless range of platforms and instruments which can be confusing.

More advanced traders may also find the pro account feasible depending on the frequency of their trades. The spreads are very low and the commission reasonable.

Comparison

Broker comparison maecenas porta rhoncus dui ut congue. Donec luctus non sem eu euismod. Ut rhoncus mauris non bibendum congue. Donec maximus ipsum a lectus sollicitudin.

Tickmill – $30 welcome bonus

Tickmill

Promotion name: welcome bonus

Note: this promotion is available to clients of tickmill ltd (FSA SC regulated) only.

How to get:
1. Start registering your client area at tickmill.
2. Tick the “yes” box to the welcome account question.
3. Click the validation link you’ll receive via email.
4. Enjoy trading on your welcome account.

Withdrawal requirements:
you can withdraw 30-100 USD of profits after you pass verification process and make at least $100 deposit.

More information:
welcome bonus is not available in algeria, armenia, australia, azerbaijan, belarus, bulgaria, columbia, georgia, hong kong, iceland, israel, kazakhstan, liechtenstein, macau, moldova, morocco, norway, state of palestine, switzerland, taiwan, tunisia, yemen, north korea, iran, USA, indonesia, venezuela, vietnam, lesotho, pakistan, bangladesh, ghana, egypt, russia, ukraine, uzbekistan, kyrgyzstan, tajikistan, turkmenistan, kenya and european union countries. This no-deposit promotion is available to new clients. Hedging trading is prohibited.

Information about the broker:
tickmill is a forex broker operated by tickmill ltd. Located in seychelles and regulated by the financial services authority of seychelles. Tickmill is also a trading name of tmill UK limited a company regulated by the financial conduct authority (FCA). Broker offers classic, ECN pro and VIP accounts. The minimum starting deposit is $€£100, spreads start from 0.0 pips, maximum leverage is 1:500. Broker review.

Tickmill review and tutorial

Tickmill is an award-winning ECN broker offering trading in forex, indices and commodities. This review explores the metatrader 4 (MT4) trading platform, spreads, bonuses, plus deposit and withdrawal options. Find out whether you should sign up for a tickmill account.

Tickmill company summary

Trading platforms
- MT4 platform
- Webtrader platform

Assets

Spreads & fees

Leverage

Mobile app

Payment methods

Demo account

Deals & promotions

Regulation & licensing

Additional features

Account types

Benefits

Drawbacks

Trading hours

Customer support

Security

Tickmill verdict

Accepted countries

FAQ
- Does tickmill offer an islamic account?
- Is tickmill a true ECN broker?
- Is tickmill available to US clients?
- Is tickmill a good broker?
- Does tickmill have the NASDAQ?

Tickmill company summary

Tickmill ltd is a member of the global tickmill group, which consists of several trading companies established in the 1980s. Today, the broker operates in over 200 countries with an average monthly trading volume of 121bn+.

Its headquarters are in london but the company has multiple offices worldwide and its clients can be found everywhere from indonesia, south africa, and tanzania, to vietnam, estonia, australia, and malaysia.

Also part of the tickmill group ltd is tickmill prime and tickmill UK, registered in the isle of man.

Trading platforms

MT4 platform

Hugely popular due to its ease of navigation, dashboard customization, and a suite of features, MT4 is the leading forex trading platform.

EA trading

Charting tools

50+ indicators

Historical data centre

Order management tools

Advanced notification system

Webtrader platform

As an online platform, the web-based interface doesn’t require a software download.

30+ indicators

9 time frames

Real-time quotes

Intuitive interface

Customisable price charts

Assets

Clients have access to a range of tradeable instruments:

Forex – trade on 60+ major, minor and exotic currency pairs, including GBP/USD, EUR/GBP, and ZAR/USD

Stock indices – access 14+ indices including the FTSE, DAX, dow jones (US30), and NASDAQ (nas100)

Commodities – trade on WTI oil and precious metals, such as gold (XAUUSD) and silver (XAGUSD)

Bonds – trade a selection of german bonds

Spreads & fees

The tickmill classic account is commission-free with variable spreads starting from 1.6 pips. For pro and VIP account holders, spreads begin at zero pips with low commissions.

Transaction fees are covered up to $100, but dormant accounts may be charged an inactivity fee. Triple swap charges apply to positions held overnight.

Leverage

The maximum leverage available is 1:500, but varies depending on the asset:

Stock indices – 1:100

Metals – 1:500

Bonds – 1:100

Oil – 1:100

FX- 1:500

A margin calculator and detailed information regarding margin requirements can be found on the tickmill website.

Mobile app

Mobile trading is available on android (APK) and apple (ios) devices and makes trading on the move straightforward while retaining almost all of the desktop features. Users can analyse markets, price trends, and trade directly from charts. Mobile traders can also deposit funds, withdraw profits, and use available bonuses.

Tickmill mobile trading

Payment methods

Accepted payment methods include bank transfer, visa/mastercard, skrill, neteller and QIWI. The minimum deposit for classic and pro accounts is $100 and for a VIP account, it’s $5,000. The minimum withdrawal is $25. Payments are processed in EUR, GBP, USD and PLN.

To make a deposit or withdrawal, head to the client area. Customer reviews of the payment process are generally positive.

Demo account

The broker offers a forex and CFD demo account. The practice account is a great opportunity to test the MT4 platform, new strategies, and explore additional features, without the risk of losses. You can open a demo account from the broker’s homepage. The demo server also has rich market history data.

Deals & promotions

Four promotional offers are available:

$30 welcome bonus – set up and login to your account to withdraw your welcome bonus

Trader of the month – the top-performing trader earns a $1,000 free trading bonus

Rebate promotion – earn cash rebates on your trades

Predict the NFP – win $500

For any issues claiming your deposit bonuses, see full bonus terms and conditions under the ‘promotions’ tab. The customer support team can also assist with bonus queries.

Note, deals may not be available to all account holders and in all jurisdictions.

Regulation & licensing

Tickmill ltd is regulated by the seychelles financial services authority (FSA). Tickmill UK ltd is authorised by the financial conduct authority (FCA). Tickmill europe ltd is regulated by the cyprus securities and exchange commission (cysec). These are reputable regulatory agencies and help contribute to the broker’s high trust rating.

Additional features

The broker offers multiple additional features to assist traders, including:

Free VPS

News blog

Copytrade

Tradingview

Economic calendar

One-click (EA) trading

Video tutorials & seminars

Forex & pip calculators

tickmill economic calendar

Account types

Tickmill offers three account types:

Classic – trade cfds on 62 currency pairs, major indices, bonds and commodities. Variable spreads start from 1.6 pips and there are no commissions. A classic account is suitable for both beginners and experienced traders.

Pro – aimed at experienced traders. Spreads from zero pips, commission payable on 2 currency units per side per lot (0.0020% notional). Stop and limit levels are 0. No commission on stock indices, oil and bonds.

VIP – an exclusive account for high volume traders. Commission payable on 1 currency unit per side per lot. No commission on cfds, stock indices, oil and bonds. Spreads from zero pips, minimum deposit $50,000.

An islamic trading account is also available.

For issues regarding invalid account requests, check the list of accepted countries below or contact the customer support team.

Benefits

Advantages of trading with tickmill include:

Demo account

Hedging & scalping

Straightforward login

Multiple promotional offers

Competitive average spreads

A good range of educational tools

Drawbacks

Disadvantages of trading with tickmill include:

No cent or micro account

Spread betting unavailable

No metatrader 5 (MT5) platform

No cryptocurrency and bitcoin trading

Services not available to clients from the US, japan, or canada

Trading hours

FX trading is available 24 hours, 5 days a week. German bonds can be traded between 00:00 to 23:00 GMT. Gold markets are open from monday to friday, 01:02 to 23:57 GMT and silver monday to thursday from 01:00-24:00 GMT, and friday 01:00 to 23:57 GMT.

Opening times for cfds will depend on their respective market. Head to the official tickmill website for more information. Trading hours can also be viewed in the MT4 terminal.

Customer support

Customer support is available monday to friday 7:00 – 16:00 GMT via:

Phone – +852 5808 2921

Email –[email protected]

Live chat – chat logo on the right of the homepage

The support team can help with a range of queries, from registration and verification documents to swap-free conditions, forgotten passwords, and account faqs.

Additional information can be found on tickmill’s linkedin and youtube platforms.

Security

Their internal systems are FSA compliant, so client funds are held in segregated accounts. The broker adheres to industry safety standards and only offers secure deposit and withdrawal options. Negative balance protection is available to all clients.

Tickmill verdict

Tickmill is a regulated broker offering the MT4 trading platform, a suite of additional resources, plus multiple account options. Take tickmill’s services vs pepperstone, XM, zulutrade, or IC markets, and traders benefit from competitive fees but sacrifice such a diverse product list.

Accepted countries

Tickmill accepts traders from australia, thailand, united kingdom, south africa, singapore, hong kong, india, france, germany, norway, sweden, italy, denmark, united arab emirates, saudi arabia, kuwait, luxembourg, qatar and most other countries.

But traders from united states, canada, japan, bangladesh, nigeria, pakistan, kenya are not allowed by the broker.

Does tickmill offer an islamic account?

Yes, tickmill offers a swap-free account, compliant with sharia law. See the broker’s website for instructions on how to open an account.

Is tickmill a true ECN broker?

Yes, tickmill is an ECN broker and not a market maker. This arguably means clients benefit from lower fees and operate in a more transparent trading environment.

Is tickmill available to US clients?

No, services are not available to those from the US. Traders from canada, japan and some other countries are also unable to open real-money trading accounts.

Is tickmill a good broker?

Tickmill is a highly regulated and well-established broker, offering the popular MT4 platform. With decent welcome bonuses and customer support also available, tickmill a solid online broker.

Does tickmill have the NASDAQ?

Yes, clients can trade on the NASDAQ. Tickmill traders also have access to a dozen or so other stock indices, plus 62 currency pairs, commodities, and german bonds.

Tickmill is FCA & cysec regulated and offers trading in cfds, FX and commodities

Octafx is a forex, CFD and copy trading broker offering the MT4, MT5 and ctrader platforms. In this broker review, read more

Fxglory is an online forex broker providing clients with trading in forex and commodities. This review will look at the read more

101investing.Com is a cysec-regulated broker offering over 250 cfds on the MT4 trading platform. This review unpacks the login process, read more

Axi offers forex and CFD trading to retail and professional traders. Our review includes all you need to know, from read more

Vincent nyagaka is a professional trader, analyst &. He has been actively engaged in market analysis for the past 7 years. He has a monthly readership of 100,000+ traders and has taught over 1,000 students since 2014. Vincent is also an experienced instructor and public speaker. Checkout vincent’s professional trading course here.

Tickmill

Educational section is a little limited.

No cfds on individual stocks.

$50,000 deposit required to access really low commission.