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Tickmill

Company Tmill UK Limited
Website
Broker type ECN NDD
Minimum deposit 25 USD
Regulations FCA (United Kingdom), CySEC (Cyprus), FSA (Seychelles), FSCA (South Africa), FSA (Labuan)
Discount -

Average rating

View ratings
9.5
Total average

9.5/10

Credibility ( 9.9 )
No problems with withdrawals. No suspicious practices.
Customer Service ( 9.6 )
Contact with the support. Deposit/withdrawal process. Reliability.
Offer ( 9.4 )
Level of spreads and commissions. Product Range.
Platform ( 9.2 )
Ease of use, fast execution, reliability.

Description

Tickmill is a broker that started operating in 2015. Thanks to a very good offer, low spreads and good order execution, he quickly gained a lot of trusted clients.

Offers negative balance protection. It is licensed in 5 jurisdictions, Great Britain (FCA), Cyprus (CySEC), Seychelles (FSC), Labuan (Labuan FSA) and South Africa (FSCA). The broker operates in the ECN model and offers very favorable trading conditions.

Tickmill offer

Tickmill offers access to CFD products from various sectors, such as forex, stock indices, precious metals, bonds, cryptocurrencies and stocks. You can see the full list of available instruments with a spread table here.

Forex

The broker offers access to over 60 currency pairs with favorable spreads. According to information from the website, the typical spread on the EUR / USD pair is 0.1 pip, but in practice we will see values ​​in the area of ​​0.3-0.5 more often.

Indices and oil

Tickmill offers access to over 14 stock indices, including oil quotes, with a maximum leverage of 1:20 for individual clients and 1: 100 for professional clients.

Precious metals

The broker’s offer also includes CFD instruments based on gold and silver. Here, too, the leverage is 1:20 for individual clients and 1: 100 for professional clients.

Bonds

If you want to trade bonds, at Tickmill you will get access mainly to bonds from Europe. In this case, the leverage ratio for a retail client is a maximum of 1: 5.

Cryptocurrencies

Following the needs of clients, Tickmill also introduced access to CFDs based on cryptocurrencies. We will find there some of the most popular coins, incl. bitcoin, ethereum, cardano or XRP.

Stocks

The broker also offers access to CFDs on stocks. We will find many of the largest and most liquid companies there. There are about 100 of them in total. The leverage in this case is 1:20.

Trading accounts in Tickmill

The Tickmill offer includes three types of accounts, each possible to set up with EUR, USD, GBP or PLN as the base currency of the account:

PRO account

It is an account with low spreads, but with an additional commission as befits an ECN broker. The amount of the commission is a total of EUR 4 for a contract of EUR 100,000. It is worth adding that the commission does not apply when trading CFDs on stocks, indices, cryptocurrencies or bonds.

Classic account

This is the simplest account where the broker does not charge a commission, but uses slightly larger spreads, starting at 1.6 pips.

VIP account

It is an account intended for traders with high turnover. The minimum account balance must be 50,000 of base currency. In this case, the turnover commission is half that on the PRO account and amounts to EUR 2 in total for a contract of EUR 100,000.

In addition, the broker also offers less popular accounts, i.e. professional and Islamic accounts. Of course, you can also test the broker’s offer on a demo account.

Is Tickmill safe?

Yes, the broker has been operating on the market since 2015 and is regulated in many countries.

Is Tikcmill legal?

It depends on your jurisdiction. The broker is licensed in 5 jurisdictions - FCA (UK), CySEC (Cyprus), FSA (Seychelles), FSCA (South Africa), FSA (Labuan).

What can you invest in on Tickmill?

The broker offers CFDs on currencies (Forex), stocks, indices, commodities, precious metals, bonds and cryptocurrencies.

Is the Tickmill account free?

Yes, the broker only charges commission on the transactions made on the account.

ForexRev Team

Specifications

Company Tmill UK Limited
Website
Broker type ECN NDD
Leverage 1:500
Minimum deposit 25 USD
Negative balance protection Yes
Regulations FCA (United Kingdom), CySEC (Cyprus), FSA (Seychelles), FSCA (South Africa), FSA (Labuan)
Trading platforms MT4, Web Trader
Payments Wire transfer, Cards, Skrill, Neteller, dotpay, FasaPay, UnionPay
EUR/USD Spread From 0 pips
Min lot 0.01
Country UK
Established in 2015
Number of instruments 500+
Discount -

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Tickmill - Reviews (10)

8.0
Partial ratings
Credibility:9
Customer Service:8
Platform:7
Offer:8

Really tight spreads and good support. But I think that they don't develop enough some tools for traders. But if you are looking some broker for Day or Intermi trading they are pretty good.

Plusses No plusses
Minors No minors
Posted on
10.0
Partial ratings
Credibility:10
Customer Service:10
Platform:10
Offer:10

Best broker for intraday trading. I tested few of them and Tickmill have best execution and spread. Moreover there never happen any suspicious event like stop loss hunting.

Plusses No plusses
Minors No minors
Posted on
10.0
Partial ratings
Credibility:10
Customer Service:10
Platform:10
Offer:10

I tested 3 brokers before and I have to say that Tickmill is still the best. Really good execution and spreads!

Plusses
  • execution
Minors No minors
Posted on
9.8
Partial ratings
Credibility:10
Customer Service:10
Platform:10
Offer:9

Really good services. I tested them for 2 month with lower deposits and since then I am trading with them for next 6 months. So far everything is OK!

Plusses No plusses
Minors No minors
Posted on
9.8
Partial ratings
Credibility:10
Customer Service:10
Platform:10
Offer:9

One of the best brokers I've ever used. I didn't seen any bad ticks or similar stuff. Execution is good and spreads really low.

Plusses No plusses
Minors No minors
Posted on
9.5
Partial ratings
Credibility:10
Customer Service:10
Platform:9
Offer:9

Really good broker for EU clients. Great execution and low trading costs!

Plusses No plusses
Minors No minors
Posted on
9.5
Partial ratings
Credibility:10
Customer Service:9
Platform:9
Offer:10

Very low spreads especially on VIP account after last markdown. Support is also OK.

Plusses
  • low costs
Minors No minors
Posted on
9.5
Partial ratings
Credibility:10
Customer Service:10
Platform:9
Offer:9

Low spreads and good support. For me one of the best and most transparent brokers.

Plusses
  • Spreads
  • Support
Minors No minors
Posted on
9.5
Partial ratings
Credibility:10
Customer Service:9
Platform:9
Offer:10

Really low spreads and negative balance protection. Very good for day trading.

Plusses
  • Negative Balance protection
  • Spreads
Minors No minors
Posted on
9.8
Partial ratings
Credibility:10
Customer Service:10
Platform:9
Offer:10

Since January I am trading with tickmill on VIP account. Low spreads, no requotes and lags. IMO very good broker.

Plusses
  • Low spreads
Minors No minors
Posted on

Submit your own review

No problems with withdrawals. No suspicious practices.
Contact with the support. Deposit/withdrawal process. Reliability.
Level of spreads and commissions. Product Range.
Ease of use, fast execution, reliability.

 

I confirm that this review was written based on my own experience and was not solicited in any way by any broker.

Forum Tickmill - questions and answers

  1. Maverick

    I have some problems with spreads for 2-3 weeks. They can be really extended some times. Do you also have such problems?

    Posted on 19 January 2018
    • ForexRev Team

      Hello Maverick,
      Not only you have such a problem. Tickmill (and Vipro Markets also) claims that they have problem with the liquidity provider and they are working on it right now.

      Posted on 19 January 2018

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