TickMill, which is a 2014 establishment, hands down has the perfect trading tools, making it a powerful, client-centric broker with great prices, for all its traders. First-time investors find TickMill pretty attractive for many reasons.
To begin with, they have competitive spreads from 0.0 on ECN accounts so that you will earn better by trading less-expensive (TickMill Pricing Overview). For new traders, the user-friendly MetaTrader 4 (MT4) and MetaTrader 5 (MT5) interfaces make the markets more accessible, so even a novice will be able to handle their trades (TickMill Trading Platforms).
Furthermore, TickMill is regulated by top-tier authorities including the FCA (UK), FSA Seychelles, and CySEC (Cyprus) so you can put your trust into a broker worth trading with (FCA Register for TickMill UK, FSA Seychelles License Information, CySEC Registered Companies). With this regulation, new investors can trust that their funds are in safe hands and that they are trading in a well-reputed way.
In a nutshell, you will have all the necessary tools and backup to either study or perform some advanced trading strategies. Mix all of this with the above account types, trading fees, platforms, and why investors would choose TickMill to attain their goals, and this TickMill review has got it all.
| Accounts | Currencies | Min. Deposit | Leverage | Starting Spreads | Demo Account | Rollover Free | Commission | Max. Lot Size | Min. Lot Size |
|---|---|---|---|---|---|---|---|---|---|
| Classic Account (MT4/MT5) | USD, EUR, GBP, ZAR | $100 | 1:1000 | 1.6 pips | Yes | No | $0 | 100 lots | 0.01 lots |
| Raw Account(MT4/MT5) | USD, EUR, GBP, ZAR | $100 | 1:1000 | 0.0 pips | Yes | No | $3 | 100 lots | 0.01 lots |
| Islamic Account | USD, EUR, GBP | $100 | 1:1000 | 0.0 pips | Yes | Yes | $3 | 100 lots | 0.01 lots |
| Raw Account | USD | $100 | 1:1000 | 0.0 pips | Yes | $3.5 | 100 lots | 0.01 lots |
| Broker Type | Minimum Deposit | Forex Majors Spread | Maximum Leverage | Min. Trade Size | Scalping | Hedging | Free Demo | USA Traders |
|---|---|---|---|---|---|---|---|---|
| ECN, STP | $100 | 0.1 pips | 1:1000 | 0.01 lots | Yes | No | Yes | No |
Note: Keeping in mind all the Muslims across the globe, the brokerage is committed to providing Islamic trading accounts at the time of need.
Let's get a closer look at the accounts provided by Tickmill.
Here are the deets...
First of all, the classic trading accounts are BEST suited for amateur traders but it's also pretty prominent for the experienced traders as well.
Furthermore, the account contains availability of more than 62 currencies and the spreads start from 1.6 pips where no commissions are charged.
Then the Pro accounts come into action which is mainly designed for the expert market traders. As a reason, the spreads of these accounts start from 0.0 pips where commissions are applicable except indices, oils, and bonds.
Tickmill also provides high-volume trading accounts that are known as "VIP accounts'' for certain groups of traders who are in need of HUGE transactions. Besides, the account requires a minimum deposit amount of $50,000 along with zero commissions (for Oil, Stock, Indices, and CFDs only).
And last but not least the leverage ratio that Tickmill offers is 1:500 which can vary depending on the asset.
Apart from all these, Tickmill offers two varieties of executions which include the NDD ( No Dealing Desk) Execution along with market executions. Besides, you won't be getting any instant execution procedure with the brokerage.
For more information on the account types and to choose the one that suits your needs, check out TickMill’s Account Types Overview.
| Pro Tip: Start with a Pro Account if you’re an experienced trader and comfortable with commissions—it could save you more in the long run. |
TickMill operates on the popular MT4 and MT5 platforms. MT4 is very user-friendly, so great for newbies. If you want a more advanced setup MT5 has more tools and features to help with market analysis and trading.
| Feature | MT4 | MT5 |
|---|---|---|
| User Interface | Simple, intuitive | Modern, advanced |
| Order Types | Market, limit, stop, trailing stop, stop limit | Market, limit, stop, buy stop, sell stop, buy limit, sell limit |
| Timeframes | 9 timeframes | 21 timeframes |
| Trading Instruments | Forex, CFDs | Forex, stocks, indices, ETFs |
| Economic Calendar | No | Yes |
TickMill creates a difference in the traders' environment with an overt and competitive pricing arrangement suitable for traders at various levels of experience. The accounts' fees and charges can best be understood by categorizing them.
Note: To qualify, traders must maintain a minimum balance of $50,000
TickMill's pricing system is flexible enough to enable traders to ascertain an account type that caters to their trading style and objectives to ensure an affordable route to trading. Look into the official website on pricing .
What really differentiates TickMill as a broker from others? Of course, the spreads are a consideration; however, it is also about the features which include:
One of the best advantages TickMill has is leverage that goes as much as 1:500 so that you can control very big positions with just a small investment. Being complemented with a robust risk management feature like stop-loss orders, this powerful tool would allow you to make informed decisions.
TickMill doesn't have a grand abundance of educational materials, but they cover primary requirements according to levels of traders. On their YouTube channel and resource page, you will find video tutorials that give access to information on trading strategies and usage of the platform.
TickMill has a good name, with many traders praising the broker's reliable and efficient operation. Good reviews often highlight the quality of customer support and the innovative trading solutions TickMill has to offer.
Tickmill is a forex broker that thrives on regulations from reputable jurisdictions. It avails traders a live, secure, and compliant ambience:
Protection of invested funds reassurance becomes a reality for the trader using Tickmill through a combination of investor protection measures and a strong protocol for funds segregation:
Tickmill prioritizes the security of its traders and has implemented these highly advanced technology to protect private and financial information:
| Supported Languages | English, Indonesian, Polski, Melayu, Deutsch, Русский, Italiano, Tiếng Việt, Portuguese, 한국어, Español, 中文简体, 中文繁體, العربية, ภาษาไทย |
| Customer Service By | Live Chat, Email |
| Service Hours | 24/5 |
| Email Response | [email protected] |
| One Click Trading | Yes |
| Stop Order | Yes |
| Limit Order | Yes |
| Trade off Charts | No |
| Market Order | Yes |
| 24hr Trading | Yes |
| Email Alerts | Yes |
| Trailing Stop Order | Yes |
| Charting Package | Yes |
| Mobile Alerts | Yes |
| OCO Orders | Yes |
| Streaming News Feed | Yes |
Tickmill treats deposits and withdrawals in a special way. From bank transfer to credit card deposit, various alternatives exist through which deposits are made in TickMill. E-bill payment solutions like Skrill and Neteller are also possible; these show up at Tickmill very fast.
Withdrawal request processing times are fairly short; still, just as in other brokerage firms, the withdrawal method of choice may delay the withdrawal processing times. Secure transactions are an important point for any broker trying to be trusted by certain traders. This is part of what Tickmill advocates for.
You can access the Deposit and Withdrawal section on the website of TickMill if you need more information in regards to depositing and withdrawing activities on your account.
TickMill is great when it comes to user experience; easy to navigate your account whether you’re a retail trader or an advanced user; you can find what you need in seconds.
TickMill has great reviews across independent review platforms, which shows consistency among users. TickMill has a 4.1 star rating from users who love its reliability, tight spreads and fast withdrawals on Trustpilot.
The platform is easy to navigate - clean dashboard layout makes it easy to find what you need.
TickMill's support is well known for its multi-lingual support and fast response.
The support team knows a lot about various topics including how to register and log in to TickMill, account types and the difference between spreads.
Opening an account with TickMill is very easy and simple. Here is the procedure:
Doing these will allow you to begin trading in practically no time with very low minimum deposits and a rapid setup.
Every trader ought to know the fees and costs applicable to the type of trading they engage in. Thankfully, TickMill has kept a simple yet transparent pricing regime suitable for both novice and seasoned traders. Here are the basics regarding pricing at TickMill:
TickMill accounts for tight spreads which vary by the type of account:
These rates are one of the most competitive and in line with the standards of the industry. For more details see TickMill Trading Fees.
Based on the type of account you have, commissions may apply.
This is great for scalpers and high-volume traders using ECN conditions. See TickMill Trading Conditions.
Also called rollover fees, they are charged if you keep your positions open overnight and are used depending on:
In other words, overnight positions are subject to swap rates depending on instrument and direction. (More Info)
The inactivity fee at TickMill is not imposed, unlike many other brokers.
Good news- this is good for part-timers and long-term traders. Also note that Tickmill reserves the right to charge an inactivity fee as outlined in their terms.
TickMill offers Islamic swap-free accounts that comply with Islamic law. However:
As G. D. Anderson said “Success is not in what you do in life but what you inspire others to do”. With all the possibilities of active trading with all the tools TickMill offers, it’s obvious to say TickMill is a broker who offers great value not only through its online platform but its partnership-like level of service tells it all about low fees, great regulation and everything tailored for beginners and pros to gauge their risk ratios.
Whether you have primitive ambitions or looking for ways to improve your skills, TickMill will lead you to your destination. For full service trading, Visit TickMill’s Homepage to start trading today!
TickMill’s policy is to process withdrawals via the same method that you used to deposit. For example, if you deposited using a credit card, the card will be credited with an amount equal to the deposit amount. Upon request, we can send any profits via other payment methods under your name.
Tcikmill process all withdrawal requests within one working day. The time necessary for the funds to reach your bank account depends on your bank’s policy. Bank withdrawals can take 3-7 working days to be seen on the client’s account. Credit/debit card withdrawals can take up to 8 working days to be seen on the client’s account.
Yes, you can. However, at the moment of withdrawal processing, your free margin must exceed the amount specified in the withdrawal instruction including all payment charges. Free margin is calculated as equity minus the necessary margin (which is required to maintain an open position).
If you do not have sufficient free margin on your trading account, we will not carry out the withdrawal request until you submit a corrected withdrawal form and/or close the open positions on your account.
TickMill provides you with low spreads starting from 0.0 pips and an ultra-fast execution speed of 0.15 seconds on average. Skrill, Neteller, FasaPay, UnionPay, and credit card deposits are processed instantly while withdrawals are processed within one working day. TickMill is proud that TickMill has no restrictions on trading and no requotes. They also allow scalping, hedging, arbitrage, EAs, and algorithms.
TickMill does offer Cash CFDs that allow you to trade with a continuous price that isn’t subject to an expiration date. The Cash CFD price is derived from the underlying futures contracts.
TickMill offers FIX API connection to our large private clients and institutional clients. The minimum account balance required is 500,000 £$€ and the required minimum monthly commission fee generated should be 5,000 £$€. TickMill does not offer a demo version. If a client generates 5,000 £$€ or more in monthly commissions, then they do not charge any fees for using this service. However, if the monthly commissions are less than 5,000 £$€, then a fee applies (5,000 £$€ – the amount of commission generated).
TickMill Ltd is regulated as a Securities Dealer by the Seychelles Financial Services Authority (FSA). As such, our internal systems are in compliance with the FSA regulations, which means that your funds are held in segregated accounts to protect your assets.
TickMill is a trading name of TickMill Ltd, which is regulated by the Seychelles Financial Services Authority (FSA).
TickMill is also a trading name of TickMill UK Ltd, which is authorized and regulated by the Financial Conduct Authority (FCA) of the United Kingdom and of TickMill Europe Ltd which is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC).
Our User Reviews Section is a great way to learn more about our brokers and services from people who have already used them. We encourage our customers to leave honest feedback about their experiences, so that you can make an informed decision about whether or not to purchase from us.
| Philippines
18 Apr, 2025
| South Africa
18 Apr, 2025
| India
17 Apr, 2025
| Nigeria
16 Apr, 2025
| Philippines
18 Apr, 2025
| Qatar
17 Apr, 2025
| Netherlands
18 Apr, 2025
| U.A.E.
16 Apr, 2025
| France
18 Apr, 2025
| Germany
18 Apr, 2025