TickMill review
TickMill is a Multi-Assets Trading Platform with over 600+ Assets
TickMill is a multi asset platform with 600+ tradable Assets.
Assets available on TickMill include Forex trading, CFD trading, Spread Betting, Social trading, .
TickMill trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex trading, CFD trading, Spread Betting, Social trading, are considered financial assets.
Features of TickMill
- Virtual Portfolio, or what is commonly known as a Demo Account
- Social Trading available
- Copy Trading available
- TickMill offers Advanced Financial Chart comparison tools
- TickMill offers Research-backed analysis on financial markets and investments from top analysts
- The TickMill platform is available to use on multiple devices including Apple Mac computers, and online through a Web Browser.
- TickMill offers a trading platform with tools for both New Traders and Seasoned Experts
- TickMill users benefit from using the TickMill platform in over 15 different languages
TickMill review
What you should know
TickMill offer five ways to trade: Forex trading, CFD trading, Spread Betting, Social trading, . The assets and products available to you on the TickMill trading platform depends on the region of the world, you are in and the TickMill entity you have an account.
With TickMill you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with TickMill platform.
TickMill are able to accommodate various levels of traders whether you are experienced or a beginner.
Are TickMill safe?
When considering TickMill for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as TickMill, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.
Established in 2008, and in operation for 16 years TickMill have a head office in Seychelles.
TickMill is regulated. This means TickMill are supervised by and is checked for conduct by the FSA (Seychelles Financial Services Authority) (SD008), FCA (Financial Conduct Authority) (717270), DFSA (Dubai Financial Services Authority) (F007663), CySEC (Cyprus Securities and Exchange Commission) (278/15), Labuan FSA (Labuan Financial Services Authority) (MB/18/0028), FSCA (Financial Sector Conduct Authority) (FSP 49464) regulatory bodies.
TickMill withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like TickMill are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. TickMill are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of TickMill and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. TickMill has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, TickMill will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like TickMill, you can enjoy peace of mind and focus on your trading activities. If TickMill violate any regulatory rules their regulated status could be stripped.
Your capital is at risk
Is my money safe with TickMill?
All payments made to TickMill by traders are securely held in a segregated bank account.
TickMill uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.
What are Tier 1 banks and why should TickMill use them?
TickMill partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their TickMill clients' funds.
TickMill clients can have greater confidence in their financial security when working with a Tier 1 bank because TickMill are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.
What does it mean to have your funds in TickMill deposited in a Tier 1 bank?
Depositing funds with TickMill ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if TickMill were to go out of business unexpectedly.
Based on the information presented, it is safe to conclude that TickMill is a secure and safe platform.
Please be aware that trading in financial assets with TickMill carries a risk of loss. TickMill trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, CFD trading, Spread Betting, Social trading, due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.
TickMill emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about TickMill, let's closely examine its features.
To better understand the TickMill trading platform, you can create two separate accounts - one with real money and the other a TickMill demo account. A TickMill demo account provides a risk-free environment for experimenting with the TickMill platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in TickMill trading decisions.
Open a demo account Visit TickMill
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How TickMill as a Company Compare Against Other Brokers
| Broker |
tickmill
|
IC Markets
|
Roboforex
|
eToro
|
|---|---|---|---|---|
| Year Established | 2008 | 2007 | 2009 | 2007 |
| Head Office | Seychelles | Australia | Belize | Cyprus, UK |
| Regulation | FSA (Seychelles Financial Services Authority) (SD008), FCA (Financial Conduct Authority) (717270), DFSA (Dubai Financial Services Authority) (F007663), CySEC (Cyprus Securities and Exchange Commission) (278/15), Labuan FSA (Labuan Financial Services Authority) (MB/18/0028), FSCA (Financial Sector Conduct Authority) (FSP 49464) | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 |
| Used By | 275,000+ TickMill users | 200,000+ IC Markets users | 730,000+ Roboforex users | 35,000,000+ eToro users |
| Negative balance protection | Yes | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No |
| Learn More | Visit TickMill | Visit IC Markets | Visit Roboforex | Visit eToro |
| Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
TickMill review
TickMill Pros and Cons
TickMill review
TickMill Regulation and Licensing in more detail
TickMill is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of TickMill going into insolvency. TickMill compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like TickMill to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for TickMill traders.
- FSA (Seychelles Financial Services Authority) (SD008)
- FCA (Financial Conduct Authority) (717270)
- DFSA (Dubai Financial Services Authority) (F007663)
- CySEC (Cyprus Securities and Exchange Commission) (278/15)
- Labuan FSA (Labuan Financial Services Authority) (MB/18/0028)
- FSCA (Financial Sector Conduct Authority) (FSP 49464)
TickMill is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like TickMill you should be sure they're legitimate online agent.
Is TickMill Global?
Yes, TickMill is global as TickMill is available in over 193 countries.
TickMill is a global trading platform in the sense that it operates in 193 countries including nations in Africa, Asia, . Major countries TickMill covers include Germany, South Africa, Thailand, the United States China . TickMill has a total of more than 275,000 users.
TickMill review
TickMill Awards
TickMill have won numerious industry awards over the 16 years they have been operating as a financial broker. We have listed the most notable awards and mentions for TickMill below.
- #1 Broker for Commissions and Fees - ForexBrokers - 2024
- Best Trading Spread - Brokersview - 2024
- Best Forex Broker - Rankia Argentina - 2024
- Best Spreads for Gold Trading - FX Empire - 2024
- Best Spreads in the UK - FX Empire - 2024
- Best Partner Program Africa - Finance Magnates Africa Summit - 2023
- Best Forex Spreads MEA - Ultimate Fintech Awards MEA - 2023
- #1 Broker for Commissions and Fees - ForexBrokers Annual Forex Broker Review - 2024
- Best Forex Broker - QualeBroker Awards - 2023
- Best Customer Service - Global Forex Awards - 2023
- Best Trading Experience - Global Forex Awards - 2023
- Top 100 Trusted Financial Institutions - Middle East Financial Markets Awards - 2023
- Best Broker Middle East - Forex Expo Dubai - 2023
- Best CFD Broker - Rankia Awards - 2023
- Best Trading Conditions - FxScouts Forex Awards - 2023
- Best Professional Trading Account Execution - Professional Trader Awards - 2023
- Best Brokerage Outside of the US - Benzinga Global Fintech Awards - 2023
TickMill review
TickMill Fees Explained
- TickMill doesn't charge withdrawal fees.
- TickMill does charge a fee for inactive accounts.
- TickMill doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from TickMill are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.
TickMill Costs To Check
Modern brokers like TickMill provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, TickMill may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall TickMill trading profitability.
How TickMill Fees Compare Against Other Brokers
| Broker |
tickmill
|
IC Markets
|
Roboforex
|
eToro
|
|---|---|---|---|---|
| Min Deposit | 100 | 200 | 10 | 50 |
| Withdrawal Fees | No | No | No | Yes |
| Inactivity Fees | Yes | No | No | Yes |
| Deposit Fees | No | No | No | No |
| CFD Commission Fees | Yes | No | Yes |
TickMill Minimum Deposit
TickMill requires a minimum deposit of 100 GBP/USD/EUR when opening an TickMill trading account.
A minimum deposit is the minimum amount of money required by TickMill to open a new online brokerage account with them.
Don't be scared off by brokers like TickMill charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.
In the trading world, brokers like TickMill, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.
Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.
However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.
TickMill Withdrawal Fees
TickMill doesn't charge withdrawal fees.
TickMill Withdrawal rules may vary across different brokers when it comes to transferring funds from your TickMill or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with TickMill may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.
In addition, currency conversion fees may apply if the TickMill withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from TickMill. Researching and comparing TickMill withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing TickMill funds frequently or dealing with large sums of money. Awareness of these TickMill fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your TickMill funds.
For example, TickMill allows you to withdraw your funds to Bank Transfers, Crypto Payments, Debit Cards, VISA, MasterCard, Skrill, Neteller, SticPay, FasaPay, UnionPay, Web Money.
TickMill Inactivity Fees
TickMill does charge a fee for inactive accounts.
When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by TickMill terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.
Make sure you're fully aware of all TickMill fees and services. It's recommended that you check the TickMill website before signing up. If you decide to close your TickMill account, it's important to do so with the TickMill broker customer support and obtain confirmation that no remaining TickMill fees are due.
Brokers like TickMill must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.
Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.
TickMill Deposit Fees
TickMill does not charge deposit fees. Although bank / 3rd party merchant fees may apply.
Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.
Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.
TickMill Commission Fees
TickMill does charge commission on CFD instruments.
Brokerage firms like TickMill may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the TickMill trading account level held by the trader.
TickMill may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing TickMill terms and conditions to understand the commission fees and any other charges that may apply is essential.
TickMill review
What can you trade with TickMill?
It's essential to note that the trading instruments offered under the TickMill brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the TickMill trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.
You can trade a wide variety of instruments with TickMill over 600 instruments in fact.
If you want to trade currency pairs on global Forex markets, TickMill offer over currency pairs.
TickMill Compared To Other Brokers
Compare TickMill with IC Markets and Roboforex below.
How TickMill Trading Options Compare Against Other Brokers
| Broker |
tickmill
|
IC Markets
|
Roboforex
|
eToro
|
|---|---|---|---|---|
| Instruments Available | 600 | 2250 | 12000 | 6000 |
| Platforms | MT5, MT4, WebTrader, PC, Apple MAC, Tickmill Mobile Apps, iOS (App Store), Android (Google Play), Tickmill Trader, Tickmill VPS | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web |
| FX / Currencies | ||||
| Forex pairs offered | 61 | 35 | 50 | |
| Major Forex pairs | Yes | Yes | Yes | Yes |
| Minor Forex pairs | No | Yes | Yes | Yes |
| Exotic Forex pairs | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | Yes | No | Yes |
| Commodity CFDs | ||||
| Commodities Offered | 0 | 20 | 21 | 31 |
| Metals | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | No | Yes |
| Agricultural | Yes | Yes | No | Yes |
| Indiced & Stock CFDs | ||||
| Stocks Offered | 2100 | 0 | 2042 | |
| UK Shares | Yes | Yes | Yes | Yes |
| US Shares | No | Yes | Yes | Yes |
| German Shares | No | Yes | Yes | Yes |
| Japanese Shares | No | Yes | Yes | Yes |
| Risk Warning |
Visit TickMill
Your capital is at risk |
Visit IC Markets
Losses can exceed deposits |
Visit Roboforex
Losses can exceed deposits |
Visit eToro
51% of retail investor accounts lose money when trading CFDs with this provider. |
TickMill review
Trading on TickMill web platforms and other applications
TickMill is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5. To see how the two platforms compare, you can read our comparison of MT4 vs MT5 here.
A TickMill iOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device.
TickMill also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.
See TickMill's platformsIs the TickMill Trading Platform Secure?
You should take the security of your personal information seriously and check SSL encryption is enabled on the TickMill trading platform to protect you on PC and mobile TickMill platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using TickMill web trading platforms.
TickMill Trading Platform Options
After logging into your TickMill account, you'll find a range of trading platform options available below.
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
TickMill does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.
Let's explore each of these trading platforms in detail and what options TickMill gives you.
TickMill review
TickMill MetaTrader 4 (MT4)
TickMill MetaTrader 4 (MT4) In Detail
MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on TickMill offers traders comprehensive features and tools to enhance their trading performance. The TickMill MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the TickMill platform to their needs. One of the standout features of MT4 is its charting functionality, which allows TickMill traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give TickMill traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 TickMill trading platform.
MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the TickMill MetaTrader 4 (MT4) trading platform. MT4 is a platform available with TickMill, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The TickMill MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. TickMill allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.
You can start using the MetaTrader 4 platform with TickMill in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. TickMill MetaTrader 4 is compatible with the latest macOS. TickMill allows traders to trade on mobile devices through Android and iOS devices like the iPhone.
Metatrader 4 Webtrader on TickMill
MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.
The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.
Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.
Trade TickMill MetaTrader 4 on iOS Devices
You can download the TickMill app or trade with TickMill through the MetaTrader 4 application on the Apple app store.
Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. TickMill customers have instant access to the financial market and can completely manage a Portfolio on the go.
Trade TickMill MetaTrader 4 on Android Devices
Millions of people worldwide use Android mobile devices and tablets, and TickMill offers its clients access to the MetaTrader 4 platform on these devices. With the TickMill MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing TickMill traders to stay on top of their trades and react quickly to changes in the market. With the TickMill MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.
Trade TickMill MetaTrader 4 Trading Central
Trading Centrals Alpha Generation Indicators available on TickMill are a powerful bundle of three major indicators designed to help traders make informed decisions. TickMill MT4 Trading Central indicators include:
- Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
- Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
- Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.
Trading Centrals Alpha Generation Indicators can help TickMill traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing TickMill traders to potentially stay one step ahead.
TickMill MetaTrader 4 Advanced Trading Tools
The TickMill MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give TickMill traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, TickMill provides traders with everything they need to succeed. The TickMill MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing TickMill traders to analyze the market at any level of complexity.
Trade TickMill MetaTrader 4 MultiTerminal
MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.
It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.
This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.
TickMill MetaTrader 4 & MetaTrader 5 AutoChartist
Autochartist on the TickMill platform is a powerful tool designed to help traders find trading opportunities quickly and easily.
Available for TickMill MetaTrader 4 and MetaTrader 5 Autochartist can scan the market using an expert advisor script.
With Autochartist, TickMill traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save TickMill users time and makes the trading process more efficient.
The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. TickMill traders can navigate the platform and find the information they need to make informed trading decisions.
TickMill Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for TickMill traders of all experience levels.
TickMill review
TickMill MetaTrader 5 (MT5)
TickMill MetaTrader 5 (MT5) In Detail
TickMill MetaTrader 5 (MT5) is a multi-asset trading platform with an extensive range of trading features and financial research tools. Besides the ability to trade Forex and CFDs, TickMill MT5 offers access to trade Futures, Stocks, Algorithmic Trading, ETFs, and Indices. MT5 was launched in 2010 and came with advanced charting tools, additional timeframes, and an updated version of MetaTrader 4.
MT5 on TickMill provides the convenience of using automated trading systems and copy trading, giving TickMill traders competitive research tools in the financial markets.
You can learn more about the MT5 Platform here. You can also learn more about the differences between MT5 and MT4 here.
Trade TickMill MetaTrader 5 WebTrader
Access your TickMill MetaTrader 5 accounts from any web browser. MT5 on TickMill features a massive range of tools like additional timeframes and the most up-to-date technical indicators to give you all the trading resources you need to trade on and analyze the financial markets.
TickMill review
TickMill MT5 Buying and Selling
TickMill MetaTrader 5 on iOS Devices
TickMill MetaTrader 5 Can Operate on newer iOS devices like the iPhone and iPad. MetaTrader 5 requires a mobile internet connection or a connection to Wi-Fi. You should upgrade the iOS MetaTrader 5 app regularly. New versions provide improved functionality and increased stability. TickMill MetaTrader 5 allows traders to look at market statistics of financial instruments traded in the market execution mode.
TickMill MetaTrader 5 on Android Devices
The TickMill MetaTrader 5 trading platform is available on Android smartphones or tablets powered by the Android 5.0 or higher operating system. Additionally, to connect to the TickMill trading server. Take the time to understand all of the TickMill Android MetaTrader 5 features. With TickMill MetaTrader 5 for Android, you can trade various financial instruments anytime, anywhere.
TickMill Metatrader Mobile Application Features
MetaQuotes, the developers of Metatrader, have listened to the feedback of their millions of users and have built what has become one of the most popular mobile trading platforms in the world. MetaTrader features include :
- TickMill Financial instrument quotes
- View in-depth price charts of financial instruments with TickMill MetaTrader
- Manage trades and open positions on TickMill MT4 & MT5
- View your TickMill trading history
- View market news
- MetaTrader internal messaging on TickMill
- View and research market statics of TickMill financial instruments
- TickMill Position opening and closing
- Lookup symbols in the TickMill MetaTrader quotes section
- Display of deals on TickMill graphs
- TickMill Timeframe selection for graphs and charts
- Additional vertical scaling of TickMill graphs
- Capability to transfer TickMill accounts to other devices using QR codes
- Information is available only if it's supplied by TickMill
- Access the OTP generator through FaceID or fingerprint with TickMill
TickMill MetaTrader 5 Advanced Trading Tools
TickMill MetaTrader 5 has many advanced trading tools for more advanced users. Understanding these tools can give you a competitive edge.
- TickMill MT5 Depth of market bids and asks
- Financial Price Data on TickMill
- Margin Calculation, Futures, Forex on TickMill
- Advanced Techincal Analysis on TickMill MT5
- One click trading on TickMill MT5
- TickMill Spreads
- TickMill Futures
- TickMill Trading Reports
TickMill Trading benefits
- TickMill Low min deposit
- TickMill Offers Negative Balance Protection
TickMill Trading Accounts Offered
Below we give an overview of the account types that TickMill offer. Whatever you are looking to trade, the varying TickMill account types will be able to provide you with what you need.
- TickMill Demo account
- TickMill Mini account
- TickMill Standard account
- TickMill ECN account
- TickMill Islamic account
Can I try TickMill?
TickMill provides a demo account that enables individuals to explore trading before investing their funds. By creating a TickMill practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the TickMill demo account can help individuals to make informed decisions before investing their money.
Open a demo TickMill account to practice and trade.
Your capital is at risk
TickMill withdrawal and funding methods
It's essential to remember that the payment methods provided by TickMill vary based on the TickMill entity and the TickMill client's country of residence. To view the TickMill payment options available, you can log into your TickMill member's area.
TickMill offers various funding payment methods listed in your TickMill dashboard if available in your region. To learn more about the TickMill funding and withdrawal options available in your area, you can explore the TickMill website.
TickMill provides several payment methods for funding your TickMill account. You may utilize any of these deposit options if they are available in your region. TickMill ensures that users have multiple payment methods to choose from, making it more convenient for verified TickMill account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the TickMill user's location. learn more about TickMill funding and withdrawal methods.TickMill Payment Methods
Some TickMill payment methods are local and are available only to specific regions. TickMill account holders should check which payment methods are provided in your region.- TickMill accepts Bank Transfers
- TickMill accepts Crypto Payments
- TickMill accepts Debit Cards
- TickMill accepts VISA
- TickMill accepts MasterCard
- TickMill accepts Skrill
- TickMill accepts Neteller
- TickMill accepts SticPay
- TickMill accepts FasaPay
- TickMill accepts UnionPay
- TickMill accepts Web Money
| Broker |
tickmill
|
IC Markets
|
Roboforex
|
eToro
|
|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes |
| Credit Cards | No | Yes | No | Yes |
| Paypal | No | Yes | No | Yes |
| Skrill | Yes | Yes | Yes | Yes |
| Payoneer | No | No | No | No |
| Neteller | Yes | Yes | Yes | Yes |
*please note available TickMill and other broker payment methods depend on the clients country of residence.
How can I start trading with TickMill?
To open a trading account with TickMill, individuals can sign up on the TickMill website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.
The next step involves submitting identification documents for TickMill account validation and making a deposit. Once completed, TickMill users can download the trading platform of their choice.
It's important to note that TickMill requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps TickMill maintain a trustworthy financial environment for its 275,000 users. Detailed information on the TickMill trading platforms is available on their website.
Your capital is at risk
Performing trades with TickMill
When using TickMill, the minimum trade size is typically varies units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. TickMill have a max trade of varies. By offering ECN execution, TickMill provides traders with tighter spreads and increased transparency regarding trade pricing. It's worth noting that ECN accounts typically come with a commission fee and tend to be favoured by traders who use high-volume strategies, such as scalpers and those utilizing automated trading.
Like other brokers, TickMill margin requirements can differ depending on the traded instrument.
CFD Trading on TickMill
We will show you an example of the basics of using TickMill leverage.
CFD trading on TickMill allows traders to speculate on the price movements of various financial instruments against the broker TickMill, without actually owning real assets. With CFDs, TickMill traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.
TickMill provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.
The effect of leverage on profits and losses magnifies them in both directions. In other words, TickMill leverage profits and losses are magnified when trading. For instance, using CFDs, you use the TickMill trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.
On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, TickMill leverage magnifies both profits and losses in trading.
Trading CFD trades on the TickMill platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.
Experienced TickMill traders can trade high risk CFD trades to hedge items in their portfolio.
Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Your capital is at risk
Limiting Your Risk When Trading with TickMill Negative Balance Protection
Negative balance protection is important for traders using leverage on platforms like TickMill. In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a TickMill trading position does not go in your favour, this is where negative balance protection comes in handy.
Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, TickMill trading losses are always limited to the current balance of funds in the trader's account.
Even if an TickMill trader experiences a significant loss, they will never owe more money than what is available in their TickMill account balance.
It's important for TickMill traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that TickMill losses are limited to the funds available in your TickMill account when negative balance protection is in place.
Education Resources at TickMill
TickMill offer educational resources which include Webinars, Articles, Market Insights, Ebooks, Video Tutorials, Seminars, Blogs. Please bear in mind that these resources provided by TickMill do not guarantee any results when trading. When we checked on the TickMill website, these educational resources were not available in every language. Also some financial instruments mentioned in any TickMill educational resources may not be available in your region.
To trade effectively with TickMill, it's important to have a good understanding of the TickMill trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with TickMill and externally.
TickMill . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with TickMill. Familiarizing yourself with the TickMill trading platform is crucial to use it effectively.
While learning, you can also use global trading times to practice making live buy or sell trades using TickMill. This hands-on experience can help you gain confidence and become more comfortable with trading.
Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with TickMill involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.
Learning about the financial markets, trading platforms like TickMill, and risk management techniques can help you become a more confident and successful trader.
Take an analytical approach to trading with TickMill. Explore the TickMill platform and train yourself to think systematically and logically about the markets.
While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with TickMill, before live trading.
Customer Support at TickMill
As part of our TickMill review, we review customer service options, response times and problem resolution effectiveness on the TickMill trading platform. The TickMill trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.
TickMill Available Support Types
Based on our experience, we have given TickMill a D grade for customer support. We encountered some slow response times or TickMill queries that were left unanswered.
Compared to other brokers, TickMill offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow.
email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.Livechat Support at TickMill
Our team tested the live chat support of TickMill and found it to be satisfactory. While we received a response within 25 minutes on most occasions, there were instances where we did not receive a response at all.
In addition, we tested TickMill support services in various countries and languages and found that TickMill were able to effectively resolve our customer issues.
Email Support at TickMill
We tested the email support of TickMill by sending 25 emails simultaneously, and our experience was mixed. While the answer times were generally excellent, with the fastest response being 3 hours, the slowest response was 6 days. We also encountered some instances where we did not receive any TickMill response.
The TickMill team did resolve and answer our queries, but the email support from TickMill was overall average compared to other brokers we have tested.
Phone Support at TickMill
We contacted TickMill via phone and received quick assistance within 10 minutes of our call.
The TickMill phone support team proved to be helpful and able to resolve our queries and issues over the phone. We also tested the multilingual support provided by TickMill and found that they could assist us in various languages.
While we found the TickMill phone support satisfactory, there is room for improvement in response time.
See how TickMill Support Compares Against Other Brokers
| Broker |
tickmill
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IC Markets
|
Roboforex
|
eToro
|
|---|---|---|---|---|
| Support |
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| Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian |
| Learn More | Visit TickMill | Visit IC Markets | Visit Roboforex | Visit eToro |
| Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
What you will need to open an account with TickMill
As TickMill is regulated by FSA (Seychelles Financial Services Authority) (SD008), FCA (Financial Conduct Authority) (717270), DFSA (Dubai Financial Services Authority) (F007663), CySEC (Cyprus Securities and Exchange Commission) (278/15), Labuan FSA (Labuan Financial Services Authority) (MB/18/0028), FSCA (Financial Sector Conduct Authority) (FSP 49464).
As a new client of TickMill, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with TickMill in your region. During the TickMill account opening process, you will be asked to provide TickMill with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.
When registering with TickMill have the following documents available.
- TickMill require a scanned colour copy of your passport, driver's license or national ID card.
- A recent utility bill or bank statement that confirms your residential address for TickMill compliance. This must be dated within the last six months.
- If you plan to fund your TickMill account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the TickMill platform.
It's worth noting that the expiration date of the proof of address document may differ for different entities under TickMill Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring TickMill's platform.
However, remember that you won't be able to make trades on TickMill until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the TickMill KYC compliance process as soon as possible to avoid any delays in accessing the TickMill platform's features.
It is important to note that TickMill may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the TickMill platform and features immediately. However, you must pass the verification process to start live trading with TickMill, which can take up to a few business days.
To start the process of opening an account with TickMill you can visit the TickMill trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.
CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://tickmill.com/ on December 19, 2024.
Watch this TickMill Explainer Video
Is TickMill A Good Broker?
We have spent over 5 years examining TickMill in depth. Although we found some very useful aspects of the TickMill platform that would be useful to some traders. We feel that a alternative to TickMill may better suit you.
- TickMill have a good track record of offering Forex trading, CFD trading, Spread Betting, Social trading, .
- TickMill has a history of over 16 years.
- TickMill has a reasonable sized customer support of at least 10.
- TickMill are regulated by the FSA (Seychelles Financial Services Authority) (SD008), FCA (Financial Conduct Authority) (717270), DFSA (Dubai Financial Services Authority) (F007663), CySEC (Cyprus Securities and Exchange Commission) (278/15), Labuan FSA (Labuan Financial Services Authority) (MB/18/0028), FSCA (Financial Sector Conduct Authority) (FSP 49464). TickMill is subject to strict regulatory oversight from its respective jurisdiction, which holds TickMill (the broker) accountable for misconduct. This regulatory framework helps ensure that TickMill operates fairly and transparently and provides TickMill customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and TickMill.
- TickMill have regulation from reputable regulators.
- One of the advantages of using TickMill is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from TickMill are particularly important as TickMill traders want to receive their money quickly. With the efficient TickMill payment processing system, traders can enjoy faster access to their TickMill funds.
- TickMill have an international presence in multiple countries. Including local TickMill seminars and training.
- TickMill can hire people from various locations in the world who can better communicate in your local language.
TickMill Risk Disclosure
Your capital is at risk
Trading Risk Disclaimer
Trading financial instruments such as foreign currency markets and other financial instruments involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.
You will be exposed to a high risk of loss regarding leverage and margin-based trading.
Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.
It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.
Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.
TickMill not quite right?
If after reading this TickMill review, TickMill does not fulfill your needs check out these TickMill Alternatives.
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We have spent years researching the best alternatives to TickMill. Click the links below to learn more.
After extensive research over several years, we have compiled a list of the most effective TickMill alternatives available today. If you are unsatisfied with TickMill or want to explore other options, we recommend checking out our carefully curated list of highly-rated TickMill alternatives. Follow the links below to learn more about these TickMill broker alternatives and choose the one that best suits your trading needs.
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Related TickMill Vs Comparisons
Throughout our comprehensive TickMill review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.
If you're interested in comparing TickMill against other popular brokers in the industry, check out our TickMill Vs pages. Our team has compiled a series of detailed TickMill comparison articles, pitting the TickMill platform against some of the best-rated TickMill competitors in the market. Dive into our informative TickMill Vs pages below to find out how TickMill stacks up against other leading brokers.
- TickMill vs ICMarkets
- TickMill vs Roboforex
- TickMill vs eToro
- TickMill vs XTB
- TickMill vs XM
- TickMill vs Pepperstone
- TickMill vs AvaTrade
- TickMill vs FPMarkets
- TickMill vs easyMarkets
- TickMill vs SpreadEx
- TickMill vs FxPro
- TickMill vs AdmiralMarkets
- TickMill vs ThinkMarkets
- TickMill vs FXPrimus
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- TickMill vs ForexMart
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- TickMill vs InteractiveBrokers
- TickMill vs Forex.com
- TickMill vs IG
- TickMill vs Robinhood
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- TickMill vs Binance
- TickMill vs Oanda
- TickMill vs CMCMarkets
- TickMill vs HargreavesLansdown
- TickMill vs Ayondo
TickMill review
TICKMILL Frequently Asked Questions
Read our detailed TickMill FAQ Section updated for 2025.
Can I try TickMill?
TickMill offer a demo account so you can try the TickMill platform with virtual trading before you put down a payment. Virtual trading with TickMill is zero risk. Learn more here
What funding methods do TickMill accept?
Please note that the list of payment methods below depends on the TickMill Entity and the client's Country of Residence.
TickMill offer the following funding payment methods Bank Transfers, Crypto Payments, Debit Cards, VISA, MasterCard, Skrill, Neteller, SticPay, FasaPay, UnionPay, Web Money, among other payment methods.
Learn more here
Is TickMill safe?
TickMill have over 275,000 users. TickMill are considered reliable as they are regulated by and checked for conduct by the FSA (Seychelles Financial Services Authority) (SD008), FCA (Financial Conduct Authority) (717270), DFSA (Dubai Financial Services Authority) (F007663), CySEC (Cyprus Securities and Exchange Commission) (278/15), Labuan FSA (Labuan Financial Services Authority) (MB/18/0028), FSCA (Financial Sector Conduct Authority) (FSP 49464). Any payments funded to TickMill accounts by traders are held in a segregated bank account. For added security,TickMill use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with TickMill is risky, and because the market is so volatile, losses could happen at any time. Do not invest with TickMill unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Your capital is at risk
Is TickMill trading good?
TickMill is considered good and reputable to trade with TickMill. TickMill is used by over 275,000 traders and TickMill users. TickMill offers Forex trading, CFD trading, Spread Betting trading, Social trading, and trading. Minimum deposit with TickMill is 100.
Is TickMill trading Legit?
TickMill was founded in Seychelles in 2008. TickMill has been facilitating trade on the financial markets for over 16 years. TickMill offers clients Forex trading, CFD trading, Spread Betting trading, Social trading, and trading. All funds deposited to TickMill are held in segregated bank accounts for security. TickMill is regulated by FSA (Seychelles Financial Services Authority) (SD008), FCA (Financial Conduct Authority) (717270), DFSA (Dubai Financial Services Authority) (F007663), CySEC (Cyprus Securities and Exchange Commission) (278/15), Labuan FSA (Labuan Financial Services Authority) (MB/18/0028), FSCA (Financial Sector Conduct Authority) (FSP 49464) so can be considered legit.
Is TickMill a good broker?
TickMill allows Forex trading, CFD trading, Spread Betting trading, Social trading, and trading. TickMill is overseen by the top tier financial regulators FSA (Seychelles Financial Services Authority) (SD008), FCA (Financial Conduct Authority) (717270), DFSA (Dubai Financial Services Authority) (F007663), CySEC (Cyprus Securities and Exchange Commission) (278/15), Labuan FSA (Labuan Financial Services Authority) (MB/18/0028), FSCA (Financial Sector Conduct Authority) (FSP 49464) so can be considered a good broker.
Is TickMill trustworthy broker?
TickMill is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to TickMill, money is in a segregated bank account that is separate from TickMill company's funds. As a regulated broker, TickMill cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by TickMill. Instead, your TickMill funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with TickMill. Also TickMill is regulated in its local jurisdictions including major financial regulators like FSA (Seychelles Financial Services Authority) (SD008), FCA (Financial Conduct Authority) (717270), DFSA (Dubai Financial Services Authority) (F007663), CySEC (Cyprus Securities and Exchange Commission) (278/15), Labuan FSA (Labuan Financial Services Authority) (MB/18/0028), FSCA (Financial Sector Conduct Authority) (FSP 49464).
What is the minimum deposit for TickMill?
The minimum deposit to trade with TickMill is 100.
How long do TickMill withdrawals take?
Withdrawing money from TickMill processing time varies depending on the method but averages 1-5 days.
Is TickMill regulated?
TickMill is regulated by the FSA (Seychelles Financial Services Authority) (SD008), FCA (Financial Conduct Authority) (717270), DFSA (Dubai Financial Services Authority) (F007663), CySEC (Cyprus Securities and Exchange Commission) (278/15), Labuan FSA (Labuan Financial Services Authority) (MB/18/0028), FSCA (Financial Sector Conduct Authority) (FSP 49464). Regulatory bodies conduct regular reviews and audits as part of TickMill maintaining their regulatory status. You can learn more about these reviews on the regulator websites.
Is TickMill a market maker?
TickMill is not a market maker. A market maker speeds up trading as a market maker will purchase or sell your stocks and commodities even if a buyer or seller is not lined up.
How can I start trading with TickMill?
When opening a trading account with TickMill, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on TickMill trading platforms, you can follow the link provided below: Learn more about signing up with the TickMill trading platform here. This will provide useful information and insights into the various trading platforms offered by TickMill, enabling you to make an informed decision about which platform to choose for your trading needs.
Is my money safe with TickMill?
Yes your money is safe with TickMill.
Overall, strict financial regulation is essential for ensuring that trading platforms like TickMill operate fairly, transparently, and responsibly, which ultimately benefits all TickMill stakeholders involved.
Trading platforms like TickMill must have strict financial regulation for several reasons:
- Protecting TickMill Investors: Strict financial regulation ensures that investors who use the TickMill trading platform are protected against fraudulent or unethical behavior by the TickMill platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the TickMill platform.
- Maintaining TickMill Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the TickMill trading platform. Regulatory procedures reduce the likelihood of the TickMill platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
- Enhancing TickMill Transparency: Regulations require trading platforms like TickMill to maintain detailed records and disclose TickMill client information. Financial regulatory requirements enhances transparency and helps to build trust between the TickMill platform and its investors.
TickMill is regulated by the FSA (Seychelles Financial Services Authority) (SD008), FCA (Financial Conduct Authority) (717270), DFSA (Dubai Financial Services Authority) (F007663), CySEC (Cyprus Securities and Exchange Commission) (278/15), Labuan FSA (Labuan Financial Services Authority) (MB/18/0028), FSCA (Financial Sector Conduct Authority) (FSP 49464). When selecting a broker such as TickMill, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, TickMill ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like TickMill.
Is TickMill a con?
TickMill is regulated and well established, having been in business for over 16 years. TickMill is not a con.
Can you make money with TickMill?
Although traders have had great success with TickMill, trading on the financial markets with TickMill is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.
Does TickMill have fees?
TickMill doesn't charge withdrawal fees. TickMill does charge a fee for inactive accounts. TickMill doesn't charge deposit fees.
When was TickMill founded?
TickMill was founded in 2008.
How many people use TickMill?
TickMill is used by over 275,000 registered TickMill users.
What is TickMill Headquarters country?
TickMill has its head quarters office in Seychelles .
Does TickMill offer negative balance protection?
TickMill offers negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.
Does TickMill offer guaranteed stop loss?
TickMill does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does TickMill allow scalping?
TickMill does not offer scalping.
Does TickMill allow hedging?
TickMill does not offer hedging.
Does TickMill offer CFD trading?
TickMill offers CFD trading.
Does TickMill offer STP?
TickMill does not offer STP trading.
How many people use TickMill?
TickMill is used by over 275000 TickMill users and traders.
Is TickMill an ECN broker?
TickMill offers ECN trading.
Does TickMill offer a demo account?
TickMill offers a demo account.
Does TickMill offer an Islamic account?
TickMill offers an Islamic account.
What are the funding methods for TickMill?
Please note that funding methods and options available with TickMill can be found in the TickMill Members area and depend on the TickMill client’s country of residence. Please check your specific available payment methods on the TickMill website. TickMill accept the following funding methods : Bank Transfers, Crypto Payments, Debit Cards, VISA, MasterCard, Skrill, Neteller, SticPay, FasaPay, UnionPay, Web Money.
TickMill review written by Andrew Blumer and Mark Hansen
