Tickmill Review 2022

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Tickmill is FCA & CySEC regulated and offers trading in CFDs, FX and commodities.

Current Promotions

Tickmill Offers $30 No Deposit Welcome Bonus For New Traders

Awards
  • Best Commodities Broker 2020 - Rankia Markets Experience Expo
  • Best Trading Experience 2020 - Forex Brokers Award
  • Best Forex Execution Broker 2019 - CFI.co Awards
  • Best CFD Broker Asia 2019 - International Business Magazine
  • Best Forex CFD Provider 2019 - Online Personal Wealth Awards
Bonus30% deposit bonus
InstrumentsForex, CFDs, indices, commodities, bonds
Demo AccountYes
Min. Deposit$100
Payment Methods
Min. Trade0.01 lots
Regulated ByFCA, CySEC, FSA, LFSA, SC
MetaTrader 4Yes
MetaTrader 5No
cTraderNo
OmniTraderNo
AlgoTraderNo
TradingViewYes
Trading CentralNo
AutochartistNo
eSignalNo
STP AccountNo
ECN AccountYes
DMA AccountNo
MAM AccountNo
PAMM AccountYes
LAMM AccountNo
Demat AccountNo
Mobile AppsYes
Margin TradingNo
Volatility IndexNo
Spot TradingYes
Perpetual SwapsNo
ELWsNo
REITsNo
AI / Machine LearningNo
Robo AdvisorNo
P2P TradingNo
Negative Balance ProtectionNo
VPS HostingNo
TournamentsNo
Demo CompetitionsNo
Managed AccountsNo
Market MakerNo
Auto TradingYes
Social TradingYes
Copy TradingNo
Trade SignalsYes
Islamic AccountYes
Account Currencies
  • USD
  • EUR
  • GBP
  • PLN
Inactivity Fee0
Guaranteed Stop LossNo
Commodities
  • Gold
CFD TradingTrade on 80+ CFD instruments across FX, stock indices, & commodities.
CFD FTSE Spread0.9
CFD GBPUSD Spread0.3
CFD Oil Spread0.4
CFD Stocks SpreadN/A
CFD Leverage1:500
Forex TradingTrade on majors, minors and exotics with up to 1:500 leverage.
Forex GBPUSD Spread0.3
Forex EURUSD Spread0.1
Forex EURGBP Spread0.4
Forex Assets62
Risk Warning – Your capital is at risk

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

Tickmill Company Summary

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

Its headquarters are in London but the company has multiple offices worldwide and its clients can be found everywhere from Indonesia, South Africa, and Tanzania, to Vietnam, Estonia, Australia, and Malaysia.

Also part of the Tickmill Group Ltd is Tickmill Prime and Tickmill UK, registered in the Isle of Man.

Trading Platforms

MT4 Platform

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

Traders benefit from:

WebTrader Platform

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

Features include:

Assets

Clients have access to a range of tradeable instruments:

Spreads & Fees

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

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

Leverage

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

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

Mobile App

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

Tickmill mobile trading
Tickmill mobile trading

Payment Methods

Accepted payment methods include bank transfer, Visa/Mastercard, Skrill, Neteller and QIWI. The minimum deposit for Classic and Pro accounts is $100 and for a VIP account, it’s $5,000. The minimum withdrawal is $25. Payments are processed in EUR, GBP, USD and PLN.

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

Demo Account

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

Deals & Promotions

Four promotional offers are available:

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

Note, deals are not available to all account holders and in all jurisdictions. For clients trading with Tickmill UK and Tickmill Europe, access to promotions will be limited due to regulatory oversight.

Regulation & Licensing

Tickmill Ltd is regulated by the Seychelles Financial Services Authority (FSA). Tickmill UK Ltd is authorised by the Financial Conduct Authority (FCA). Tickmill Europe Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC). These are reputable regulatory agencies and help contribute to the broker’s high trust rating.

Additional Features

Tickmill offers multiple additional features to assist traders, including:

Tickmill economic calendar
Tickmill economic calendar

Account Types

Tickmill offers three account types:

An Islamic trading account is also available.

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

Benefits

Advantages of trading with Tickmill include:

Drawbacks

Disadvantages of trading with Tickmill include:

Trading Hours

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

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

Customer Support

Customer support is available Monday to Friday 7:00 – 16:00 GMT via:

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

Additional information can be found on Tickmill’s LinkedIn and YouTube platforms.

Security

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

Tickmill Verdict

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

Accepted Countries

Tickmill accepts traders from Australia, Thailand, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use Tickmill from United States, Canada, Japan, Bangladesh, Nigeria, Pakistan, Kenya.

Compare Tickmill

Compare Tickmill with similar brokers that accept traders from your location. Among available brokers these are the most similar to Tickmill:

  1. LQDFX – LQDFX offers online trading with multiple STP accounts and MT4 analysis tools.
  2. AAAFx – AAAFx offers CFD trading in forex, commodities, indices and cryptocurrencies.
  3. eToro – eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs. eToro USA LLC does not offer CFDs, only real crypto assets available.
  4. IG Group – IG-US offer spread betting, CFD and Forex trading across a range of markets. They are FCA regulated, boast a great trading app and have over 47 year track record of excellence.

Tickmill Comparison Table

Compare Tickmill With Similar Brokers
Tickmill LQDFX AAAFx eToro IG Group
Rating 4.7 4.4
Markets Forex, Stocks, Commodities Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto Forex, Stocks, Commodities, Crypto
Demo Account Yes Yes Yes Yes Yes
Minimum Deposit $100 $20 $10 $10 £250
Minimum Trade 0.01 lots 0.01 lots 0.01 lots $10 0.1 lots
Regulators FCA, CySEC, FSA, LFSA, SC HCMC (Greece), FSCA (South Africa) FCA, CySEC, ASIC, FSA FCA, ASIC, MAS, FSCA, JFSA, FMA, CFTC, NFA, BMA, DFSA, FINMA, BaFin
Bonus 30% deposit bonus 100% deposit bonus up to $20,000 100% Deposit Bonus available for Global clients
Education Yes Yes No Yes Yes
Platforms MT4 MT4 MT4, MT5 MT4
Leverage 1:500 1:100 – 1:500 1:30 EU, 1:500 Global 1:30 EU 1:30
Payment Methods 14 8 8 14 6
Detailed Comparison Tickmill vs LQDFX Tickmill vs AAAFx Tickmill vs eToro Tickmill vs IG Group
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Compare Trading Instruments

Compare Tickmill Trading Instruments
Tickmill LQDFX AAAFx eToro IG Group
CFD Yes Yes Yes Yes Yes
Forex Yes Yes Yes Yes Yes
Stocks Yes Yes Yes Yes Yes
Commodities Yes Yes Yes Yes Yes
Oil No Yes No Yes Yes
Gold Yes Yes Yes Yes Yes
Copper No Yes No Yes Yes
Silver No Yes No Yes Yes
Corn No No No Yes No
Crypto No Yes Yes Yes Yes
Futures No No No No Yes
Options No No No No Yes
ETFs No No No Yes Yes
Bonds No No No No Yes
Warrants No No No No No
Spreadbetting No No No No Yes
Volatility Index No No No Yes Yes

Tickmill vs Other Brokers

Compare Tickmill with any other broker by selecting the other broker below.

Tickmill vs

FAQ

Does Tickmill offer an Islamic account?

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

Is Tickmill a true ECN broker?

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

Is Tickmill available to US clients?

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

Is Tickmill a good broker?

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

Does Tickmill have the NASDAQ?

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

Tickmill is FCA & CySEC regulated and offers trading in CFDs, FX and commodities.