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Tickmill Broker Review 2024: (In-Depth Analysis) Regulations, Fees & More

Best Tickmill broker review of 2024, the well-established brand was started in 2014 and based in the USA, authorized and regulated by several financial authorities globally. It offers a diverse range of assets like forex, CFDs on stock, commodities, indices, cryptocurrencies, bonds, futures, and options.
Tickmill

Tickmill scam or legit, low-cost Forex and CFD broker with low forex and non-trading fees. It offers a variety of trading platforms, including MT4, MT5, and mobile apps. Various deposit and withdrawal options are available free of cost.

Tickmill---intro

Tickmill Awards 2023

Tickmill account opening guide

tickmill--account-opening

Tickmill regulation

Tickmill legit is regulated and authorized by several financial bodies including:

Countries of Operation Regulatory Body Abbreviation

UK, EU, Middle East, South America

Financial Conduct Authority

FCA

Cyprus

Cyprus Securities and Exchange Commission

CySEC

Seychelles

Financial Services Authority of the Seychelles

FSA Seychelles

African countries

Financial Sector Conduct Authority

FSCA

Asian countries

Financial Services Authority of Labuan Malaysia

LFSA

Dubai

Dubai Financial Services Authority

DFSA

Tickmill is affiliated with the following organizations:

Tickmill asset and instrument

The available instruments are listed below:

tickmill--instruments
Asset Class No. of Instruments Subcategories

Tickmill Forex

62

Minor

Major

Exotic currencies

Commodities

11

Metals - (Gold, Silver)

Energy - (Crude Oil, Brent Oil)

Copper

Natural Gas

Tickmill CFD shares

494

Finance (Apple, Tesla, JP Morgan Chase)

Tech (Microsoft, Amazon.com Inc.)

Retail (Caterpillar Inc., Alibaba Group Holding Ltd)

Other (Goldman Sachs, Blackrock Inc.)

ETFs

23

Europe (iShares MSCI Emerging Markets Index Fund, iShares Russell 2000 Index Fund)

U.S. (SPDR Gold Trust), Other

Indices

20

UK (UK 100)

Europe (Dow Jones 30, Germany 40, France 40)

U.S. (S&P 500)

Asia (China 50)

Other

Cryptocurrencies

9

Major and Minor cryptocurrencies (*Available for Tickmill UK Ltd Professional Clients only)

Bonds

4

European bonds (EURBOBL, EURBUND, EURBUXL, EURSCHA)

Tickmill Futures and Options

124

Indices (EURO STOXX 50 Index)

Interest Rates (Soybean Oil)

Metals (Micro Gold)

Energy (Micro E-MINI S&P 500 SMALL US CRUDE OIL)

Other

Tickmill Forex broker review

Tickmill forex broker is mainly focused on CFDs and forex and offers 62 tradable currency pairs categorized into major minor and exotic.

tickmill - forex

Available maximum leverage is 1:500; spreads start from 0.0pips, trading hours are 24/5, and available trading sessions are Sydney, London, New York, and Tokyo.

Forex currency pairs

USDTRY

USDZAR

GBPCZK

GBPUSD

USDJPY

EURNZD

USDNOK

USDRUB

USDHKD

USDJPY

USDMXN

USDPLN

USDDKK

USDHUF

GBPCHF

GBPTRY

USDCHF

EURNOK

GBPCAD

GBPSEK

USDCAD

EURMXN

GBPAUD

GBPPLN

GBPUSD

EURJPY

EURZAR

GBPNZD

GBPJPY

EURHUF

EURUSD

GBPNOK

GBPAUD

EURHKD

EURTRY

GBPJPY

EURUSD

EURGBP

EURSGD

GBPHUF

EURJPY

EURDKK

EURSEK

GBPHKD

EURGBP

EURCZK

EURPLN

GBPDKK

AUDUSD

EURCHF

-

-

Tickmill trading platform

Tickmill offers award-winning trading platforms that are:

Meta trader 4

Tickmill metatrader 5

MetaTrader web trader

Meta trader for Mac

Tickmill mobile app

Tickmill - mob app

Tickmill account types

Tickmill offers 3 types of live trading accounts and a free demo account. A futures account and an Islamic account are also offered by Tickmill. Classic and Pro account minimum balance is not specified. First, you need to know which account type is right for you!

Account Type Classic Account PRO Account VIP Account Futures Account Raw Account

Explanation

Suitable for beginners and experienced traders. Zero-commission CFD trading.

Suitable for experienced traders and allows all trading strategies.

For high-volume traders.

Available for Tickmill UK clients. Low trading commissions, and flexible trading hours.

Allowed all strategies, swap-free Islamic account option is avail

Tickmill minimum deposit in base currency

100 /EUR/GBP

100 /EUR/GBP

50,000 /EUR/GBP

1,000

100 USD/EUR

GBP/ZAR

Maximum leverage

1:500

1:500

1:500

Not specified

1:1000

Minimum lot size

0.01

0.01

0.01

1 Contract

0.01

Tickmill Commission

None

Trading commission on 2 base currencies per side per 100,000 traded

Trading commission on 1 base currency unit per side per lot (100,000).

From $0.85

$3 per lot per side

Spreads

From 1.6 pips

Not specified

From 0.0 pips

Not specified

0.0 pips

Available financial instruments

Forex, Stock Indices & Oil, Metals, Bonds, Cryptocurrencies

All financial instruments

All financial instruments

Futures contracts (Exchanges: CME, NYMEX, COMEX, CBOT, EUREX, Small Exchange)

All financial instruments

Islamic account

All types of live accounts support Islamic accounts. They offer numerous instruments like Forex, Currency pairs, Stock indices, Precious Metals, Bonds, and Cryptocurrencies. The base currency is USD, EUR, and GBP.

tickmill -account types

Tickmill demo account

Yes, they provide a free demo account along with virtual currency. It grants over 80+ trading instruments and all trading tools and strategies. The Tickmill demo account works similarly to a live account that provides a real-time trading experience. In MT 4 and MT5, the trading platform’s demo account will expire after 7 days.

Tickmill payment methods and fees

The deposit and withdrawal methods are listed below, some options are only available for certain countries. Check before investing!

Methods Currencies Minimum deposit for Tickmill Tickmill minimum withdrawal Tickmill commission Processing time

Deposit

Tickmill withdrawal

Deposit

Withdrawal

Bank Transfer

USD, EUR, GBP, ZAR

100Units of base currency

25

Nil

Nil

Within 1 working day

Within 1 working day

Crypto payments

EUR, USD, GBP

100

25

Nil

Nil

Instant

Within 1 working day

FasaPay

USD, IDR

$100 or 1,500,000

25

Nil

Nil

Instant

Within 1 working day

NETELLER

USD, EUR, GBP

100

25

Nil

Nil

Instant

Within 1 working day

Skrill

USD, EUR, GBP

100

25

Nil

Nil

Instant

Within 1 working day

STICPAY

USD, EUR, GBP

100 EUR, USD, GBP

25

Nil

Nil

Instant

Within 1 working day

Union Pay

CNY

700 ¥ or €/ $/ £ 100

25

Nil

Nil

Instant

Within 1 working day

VISA

USD, EUR, GBP

100

25

Nil

Nil

Instant

Within 1 working day

WebMoney

USD, EUR

100

25

Nil

Nil

Instant

Within 1 working day

tickmill---deposit-and-withdrawal

Tickmill bonus

Tickmill offers a sign-up bonus of $30. It is a welcome account only for selected countries. A Trader does not need to deposit to earn $30. 

Tickmill pros and cons

The top pros and cons are listed below:

Pros Cons

Strong regulatory framework

Limited platform choices

Comprehensive MetaTrader suite

Geographic Restrictions

Choice of trading instruments

Extended verification process

Negative balance protection

Limited range of tradable assets on classic account

Competitive spread fees

Pricing for classic accounts is not as competitive

High leverage opportunities

The TradingView platform was discontinued for futures and options

Free deposit and withdrawal

Outdated platform design and functions

Average execution speed of 20 milliseconds

Basic news feed

Tickmill customer service

Tickmill offers multilingual customer support through Live Chat, Phone, and Email, available 24/5.

The website is accessible in 14 languages including English, Deutsch, Indonesian, Chinese, Russky, Espanol, Arabic, Polski, Italiano, Korean, Thai, Melayu, Tieng Vietnam, and Portuguese.

Tickmill’s various social media platforms are Facebook, Twitter, LinkedIn, YouTube, and Instagram.

For contacting Tickmill, international phone number is +44 203 995 2388.

Country-specific contact numbers are UK (+44 203 995 2388), Limassol (+357 25041710), Malaysia (+6087-504 565), and Seychelles (+852 5808 2921).

tickmill -contact

Conclusion

Best Tickmill review has a strong regulatory framework, a complete MetaTrader suite, flexible funding options like Tickmill forex review, stocks, cryptocurrency, and commodities, negative balance protection, competitive spread fees, and high leverage opportunities. However, it has limited platform choices, geographic restrictions, an extended verification process, and less competitive fees on the Classic account.

Additionally, it provides low forex fees, fast account opening, and free deposits and withdrawals; it also has drawbacks like an outdated platform design and discontinued trading platform options for futures and options trading.

Pro Tip

Now that you’re familiar with Tickmill broker, stay connected with our trusted forex broker for authentic broker reviews, insights into CFDs, forex, trading, investing, and stocks, among others. We’re here to keep you informed and equipped for your financial journey.

Frequently Asked Questions

1. Does Tickmill accept US clients?

No, Tickmill does not accept clients from the USA.

2. Is Tickmill regulated in the UK?

Tickmill is regulated and authorized by FCA in the UK by the trading name of Tickmill UK Ltd.

3. Is Tickmill legit?

Yes, Tickmill is legit. It is regulated by various financial authorities worldwide.

4. Is Tickmill FCA regulated?

Yes, Tickmill is regulated by the Financial Conduct Authority FCA in various countries UK, EU, Middle East, South America, and Dubai.

5. Is a Tickmill regulated?

Yes, it is regulated by several financial authorities, including FCA, CySEC, FSCA, LFSA, and DFSA.

6. Is a Tickmill safe?

Tickmill’s trusted score is 83/99, so it is safe.

7. How to get a Tickmill bonus?

You can get $30 as a signing-up bonus in Tickmill.

8. How to withdraw from a Tickmill?

9. Is Tickmill a good broker?

Yes, Tickmill is a good broker. It has various regulations, and negative balance protection, and offers various instruments, free for deposit and withdrawal.

10. What is the minimum deposit in Tickmill?

The Tickmill minimum deposit is 100 units of account base currency.

11. What time does Tickmill open for trading?

View trading hours in the MT4 or MT5 terminal (Market Watch > Right-click on the symbol > Specification).

Forex – 24/5 MT4 server time

Cryptocurrency – 24/5 MT4/MT5 Server time

Stocks – Monday – Friday 13:35 – 19:55 (GMT)

Commodities – 24/5 Trading

12. Who are Tickmill's competitors?

The closest competitors to tickmill.com are cqg.com, hfm.com, and icmarkets.com. 

13. Does Tickmill have copy trading?

Tickmill allows copy trading via the social trading platform.

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