TickMill Review 2020

TickMill Rated 3/5
learn more Learn more about eToro. 71% of retail investor accounts lose money when trading CFDs with this provider.
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TickMill Guide - Read our In Depth TickMill Review

This TickMill review was written by industry experts with over 20 years of financial experience in Forex trading, CFD trading, Spread Betting, Social trading, .

What is TickMill?

TickMill are an a global online financial trading platform and multi asset broker founded in 2008

Over 12 years later TickMill has grown to offering retail investors Forex trading, CFD trading, Spread Betting trading, Social trading, and trading.

TickMill are a global broker and have a head office in Seychelles.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

We will dive deep in this TickMill review and assess how well the TickMill platform functions in its role as an international multiple financial asset trading platform for traders in 2020.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like TickMill can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of TickMill we breakdown the pros and cons. What TickMill are able to offer, what countries TickMill are available in. Who TickMill are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate and analyse and trust your hard-earned cash with only the safest and best of brokers. We hope you find this TickMill review useful.

This review of the TickMill platform is very detailed. If you are interested in trading with TickMill in any capacity please take the time to read and research the whole TickMill review.

We have tried to explain the ins and outs of financial trading through the TickMill platform as plainly as possible so that you the trader are as informed as possible before you start to use the TickMill trading tools and depositing and withdrawing funds from TickMill.

Benefits of trading with TickMill

Open TickMill's Website

Your capital is at risk

Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with TickMill like Forex trading, CFD trading, Spread Betting trading, Social trading, and trading. you should have confidence in TickMill and know that the management of your financial investments on the TickMill platform is in good hands.

At the bottom of this TickMill review you can also learn about some pretty good alternatives to TickMill

With this TickMill review we hope to help you see if TickMill is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding TickMill that will help you get off to a good start in the world of online trading.

TickMill Review Table of Contents

TickMill review
TickMill is a Multi-Assets Trading Platform with over 225+ Assets

Learn more about TickMill. TickMill is a multi asset platform with 225+ tradable Assets. Assets available on TickMill include Forex trading, CFD trading, Spread Betting, Social trading, .

TickMill trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Forex trading, CFD trading, Spread Betting, Social trading, are considered financial assets.

TickMill review
Features of TickMill

TickMill review
What you should know

TickMill offer five ways to trade: Forex trading, CFD trading, Spread Betting, Social trading, .

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.

TickMill review
Are TickMill safe?

When choosing a broker like TickMill the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2008, and in operation for 12 years TickMill have a head office in Seychelles.

TickMill is regulated. This means TickMill are supervised by and is checked for conduct by the Financial Conduct Authority (FCA) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to TickMill, this will be honored. If TickMill violate any regulatory rules their regulated status could be stripped.

TickMill review
Is my money safe with TickMill?

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 banks financial health and strength.

What are Tier 1 banks and why should TickMill use them?

A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.

What does it mean to have your funds in TickMill deposited in a Tier 1 bank?

Having any money you deposit with TickMill means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if TickMill goes out of business for some reason.

Therefore, we can safely conclude that TickMill is secure and safe.

That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.

While trading in financial investments, losing money rapidly due to trading Forex trading, CFD trading, Spread Betting, Social trading, is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. TickMill also clearly state on their platform that Your capital is at risk.

Now that we have answered some important questions regrding TickMill. let us look at the TickMill features in more detail.

Try creating two accounts when you are working with TickMill. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit TickMill

Your capital is at risk

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 eToro IC Markets XTB
Year Established 2008 2006 2007 2002
Head Office Seychelles Cyprus, UK Australia Poland
Regulation Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)
Used By 10,000+ TickMill users 12,000,000+ eToro users 60,000+ IC Markets users 250,000+ XTB users
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No No
Learn More Visit TickMill Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

TickMill review
TickMill Pros and Cons

What we like about TickMill

  • Used by over 10,000 TickMill users and traders
  • Established in 2008
  • Regulated by Financial Conduct Authority (FCA)
  • Min. deposit from $100

What we don't like about TickMill

TickMill review
TickMill Regulation and Licensing in more detail

We have checked and TickMill is regulated and supervised by reputable organisations. You are able to check every TickMill supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with TickMill. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect TickMill traders and provide a safe trading environment.

TickMill is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as TickMill you should be sure they're legitimate online agent.

TickMill review
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 nations including nations in Europe, Asia, Oceania, and Africa. Major countries TickMill covers include the UK, Germany, Australia, South Africa, Thailand, the United States and China. TickMill has a total of more than 10,000 users.

TickMill review
TickMill Fees Explained

  • TickMill withdrawal fees varies on payment method
  • TickMill does charge a fee for inactive accounts.
  • TickMill does charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company, brokers may charge clients various fees.

How TickMill Fees Compare Against Other Brokers

Broker tickmill eToro IC Markets XTB
Min Deposit 100 200 200 0
Withdrawal Fees varies Yes No varies
Inactivity Fees Yes No No
Deposit Fees No fees No Varies No
CFD Commission Fees No Yes Yes

TickMill review
TickMill Minimum Deposit

TickMill require a minimum desposit of 100 GBP/USD 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.

Dont be scared off by brokers like TickMill charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

TickMill review
TickMill Withdrawal Fees

TickMill withdrawal fees vary depending on your selected withdrawal payment method.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees and processing times.

TickMill for example allow you to withdraw your funds to Debit cards, Credit cards, Skrill, Neteller, Sticpay, Fasapay, China Union Pay, Qiwi, Web Money, Bank Transfers, Cheques or Checks.

TickMill review
TickMill Inactivity Fees

TickMill does charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

TickMill review
TickMill Desposit Fees

TickMill does charge deposit fees.

Some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

TickMill review
TickMill Commission Fees

TickMill does charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

TickMill review
What can you trade with TickMill?

Be aware that Different entities under TickMill Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

You can trade a wide variety of instruments with TickMill over 225 instruments infact.

If you are looking at trading currency pairs TickMill offer over currency pairs.

Compare TickMill with eToro and IC Markets below.

Your capital is at risk

How TickMill Trading Options Compare Against Other Brokers

Broker tickmill eToro IC Markets XTB
Instruments Available 225 2000 232 4000
Platforms Mac,iPhone,iPad,WEB,Desktop Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 50 65 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs No Yes Yes Yes
Exotic Forex pairs Yes Yes Yes Yes
Cryptocurrencies Yes Yes Yes Yes
Commodity CFDs        
Commodities Offered 0 31 19 21
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural Yes Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 957 100 1696
UK Shares Yes Yes No 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 eToro
71% of retail investor accounts lose money when trading CFDs with this provider.
Visit IC Markets
Losses can exceed deposits
Visit XTB
82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

TickMill review
Trading on TickMill web platforms and other applications

TickMill offer a user-friendly custom trading platform, available as a browser based web application. If you would rather see a comparison of MT4 brokers, you can so here.

An 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 making it easier to keep an eye on and execute your trades while you’re on the move.


See TickMill's platforms

TickMill review
Is the TickMill Trading Platform Secure?

TickMill safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. TickMill also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating TickMill.

TickMill review
TickMill Trading Platform Options

TickMill does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.

TickMill offer an their own custom trading platform developed and tested in house. The TickMill trading platform allows traders to track their portfolios, track the current markets, locate trade ideas and place trades. The TickMill platform allows traders to filter the financial marketplace for trade opportunities that match a criteria. With TickMill you can look for and examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the TickMill platform including news and quotes. Discover possible trades with the strong charting tools found with TickMill. TickMill is available as downloadable applications or online through the cloud. Monitor your orders with TickMill and receive breaking news in your positions.

TickMill Trading benefits :

  • Low min deposit

TickMill Trading Accounts Offered :

  • Demo account
  • Mini account
  • Standard account
  • Islamic account

Can I try TickMill before I buy?

TickMill offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Your capital is at risk

TickMill withdrawal and funding methods.

Please note that the list of TickMill payment methods below depend on the TickMill Entity and the Clients Country of Residence.

TickMill offer the below funding payment methods. learn more about TickMill

TickMill Payment Methods

  • TickMill accepts Debit cards
  • TickMill accepts Credit cards
  • TickMill accepts Skrill
  • TickMill accepts Neteller
  • TickMill accepts Sticpay
  • TickMill accepts Fasapay
  • TickMill accepts China Union Pay
  • TickMill accepts Qiwi
  • TickMill accepts Web Money
  • TickMill accepts Bank Transfers
  • TickMill accepts Cheques or Checks
Broker tickmill eToro IC Markets XTB
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes Yes
Skrill Yes Yes Yes Yes
Payoneer No Yes No Yes
Neteller Yes Yes Yes Yes

How can I start trading with TickMill?

When opening a trading account with TickMill, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on TickMill trading platforms here.

Your capital is at risk

Performing trades with TickMill

TickMill allow you to execute a minimum of trade of varies. This may vary depending on the account you open. TickMill allow you to execute a maxium trade of varies.

As a market maker, TickMill may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically have larger capital and minimum trade requirements. Market makers typically have lower minimum deposit, smaller minimum trades requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the instruments.

TickMill Leverage and TickMill CFDs Explained

let's take a look at some of the basics of using TickMill leverage.

TickMill offer CFD are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

TickMill leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the TickMill trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The TickMill leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

TickMill CFDs are typically used for short to medium term trades. For example TickMill intraday trading.

Education resources at TickMill

To trade effectively with TickMill, it's important to get a have a good understanding of the TickMill trading tools and the markets.

TickMill offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with TickMill.

Take time to look around the TickMill platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at TickMill

TickMill support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian

TickMill have a D grade support rating because because sometimes the response was slow or our query wasnt answered. TickMill less customer support features compared to other brokers like live chat, phone and email support. 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

We tested the TickMill live chat and it works well. We sent messages to TickMill livechat through their app and website and recieved a response within 20 minutes. Sometimes there was no response.

We tested communicating with TickMill support in multiple languages in multiple countries. TickMill where able to resolve our customer issues.

Email Support at TickMill

We sent several emails to TickMill and answer times overall were excellent. The fastest response from TickMill was 4 hours and the slowest response was 5 days. Sometimes there was no response. Support response times may vary for you with TickMill, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall average email support from TickMill.

Phone Support at TickMill

We called TickMill and the call was answered very quickly. The call was answered in less than 5-10 minutes.

The TickMill phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual TickMill team by calling in varying languages. TickMill made an effort to make sure our queries were answered.

Overall the phone support from TickMill was okay.

See how TickMill Support Compares Against Other Brokers

Broker tickmill eToro IC Markets XTB
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, German, Spanish, French, Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
Learn More Visit TickMill Visit eToro Visit IC Markets Visit XTB
Risk Warning Your capital is at risk 71% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What you will need to open an account with TickMill

As TickMill is regulated by Financial Conduct Authority (FCA), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under TickMill Brand may be different.

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore TickMill's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with TickMill you can visit the TickMill trading platform here.

CFDs are leveraged products and can result in the loss of your 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 as investment advice. All information collected from https://tickmill.com/ on November 25, 2020.

TickMill review
Is TickMill A Good Broker?

We spent over 3 months examining TickMill in depth. Although we found some very useful aspects of the TickMill platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative TickMill broker.

  • TickMill have a good track record of offering Forex trading, CFD trading, Spread Betting, Social trading, .
  • TickMill has a history of over 12 years.
  • TickMill has a reasonable sized customer support of at least 10.
  • TickMill are regulated by Financial Conduct Authority (FCA). This means TickMill fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • TickMill have regulation from a Tier 1 reputable country.
  • TickMill has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • TickMill have an international presence in multiple countries. This includes local TickMill seminars and training.
  • TickMill are able to hire people from various locations in the world who can better communicate in your local language.

TickMill Risk Disclaimer

Your capital is at risk

TickMill review
TickMill not quite right?

If after reading this TickMill review, TickMill does not fulfill your needs check out these TickMill Alternatives.

Click here to view the best TickMill Alternatives

We have spent years researching the best alternatives to TickMill. Click the links below to learn more.

If you feel some of the above TickMill are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of TickMill alternatives below.

TickMill review
Related TickMill Vs Comparisons

We have covered allot in this TickMill review, If you want to see how TickMill compares side by side with other brokers check out our TickMill Vs pages.

If you would like to see how TickMill stands up against other brokers you can read some of our TickMill comparisons below. We compare side by side some of our top rated TickMill versus comparisons. Read our indepth TickMill VS pages below.

TickMill review
TICKMILL Frequently Asked Questions

Can I try TickMill before I buy?

TickMill offer a demo account so you can try the TickMill platform before you put down a payment. Learn more here

What funding methods do TickMill accept?

Please note that the list of payment methods below depend on the TickMill Entity and the Clients Country of Residence.

TickMill offer the following funding payment methods Debit cards, Credit cards, Skrill, Neteller, Sticpay, Fasapay, China Union Pay, Qiwi, Web Money, Bank Transfers, Cheques or Checks, among other payment methods.
Learn more here

Your capital is at risk

Is TickMill safe?

TickMill are considered safe as they are regulated by and checked for conduct by the Financial Conduct Authority (FCA). 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 banks financial health and strength.

Is TickMill trading good?

TickMill is considered good and reputable to trade with TickMill. TickMill is used by over 10000 active 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 12 years. TickMill offers clients Forex trading, CFD trading, Spread Betting trading, Social trading, and trading. All funds deposited to TickMill are held in segregated tier 1 bank accounts for security. TickMill is regulated by Financial Conduct Authority (FCA) so can be considered legit.

Is TickMill a good broker?

TickMill is overseen by the top tier financial regulators Financial Conduct Authority (FCA) so can be considered a good broker. TickMill allows Forex trading, CFD trading, Spread Betting trading, Social trading, and trading.

Is TickMill trustworthy broker?

TickMill can be considered trustworthy. All money funded to TickMill is placed into a segregated tier 1 bank account. this means your money in not held by TickMill directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also TickMill is regulated by Financial Conduct Authority (FCA).

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 but averages 2-5 days.

Is TickMill regulated?

TickMill is regulated by Financial Conduct Authority (FCA).

Is TickMill a market maker?

TickMill is a not a market maker. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer 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. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on TickMill trading platforms here.

Is my money safe with TickMill?

TickMill is regulated by Financial Conduct Authority (FCA). One of the most important criteria for traders when choosing a broker like TickMill is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to TickMill, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is TickMill a con?

TickMill is regulated and well established having been in business for over 12 years. TickMill is definitely 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 withdrawal fees varies on payment method. TickMill does charge a fee for inactive accounts. TickMill does charge deposit fees.

When was TickMill founded?

TickMill was founded in 2008.

How many people use TickMill?

TickMill is used by over 10000 registered TickMill users.

What is TickMill Headquarters country?

TickMill has its head quarters office in Seychelles.

Does TickMill offer negative balance protection?

TickMill does not offer negative balance protection. With Negative balance protection means 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 guarenteed 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 10000 TickMill users and traders.

Is TickMill an ECN broker?

TickMill does not offer ECN trading.

Does TickMill offer a demo account?

TickMill offers a demo account.

Does TickMill offer an Islamic account?

TickMill offers a Islamic accounts.

What are the funding methods for TickMill?

TickMill accept the following funding methods : Debit cards, Credit cards, Skrill, Neteller, Sticpay, Fasapay, China Union Pay, Qiwi, Web Money, Bank Transfers, Cheques or Checks.

TickMill review written by Andrew Blumer and Mark Hansen

We hope you found our review of the TickMill brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

TickMill review written by Mark Hansen of Comparebrokers.co