Tickmill Review and Tutorial

Tickmill is an honor-winning ECN agent offering exchanging forex, lists, and products. This survey investigates the MetaTrader 4 (MT4) trading stage, spreads, rewards, in addition to store and withdrawal choices. See if you should pursue a Tickmill account.

Tickmill Company Summary

Tickmill Ltd is an individual from the worldwide Tickmill Group, which comprises a few exchanging organizations set up during the 1980s. Today, the specialist works in more than 200 nations with an average month-to-month exchanging volume of 121bn+. 

Its base camp is in London; however, the organization has various workplaces worldwide. Its customers can be found wherever from Indonesia, South Africa, and Tanzania to Vietnam, Estonia, Australia, and Malaysia. 

Likewise, Tickmill Group Ltd is Tickmill Prime, and Tickmill UK enlisted in the Isle of Man.

Trading Platforms

MT4 Platform

Enormously mainstream because of its simplicity of route, dashboard customization, and set-up of highlights, MT4 is the leading forex exchanging stage. 

• Merchants profit with: 
• EA exchanging 
• Outlining apparatuses 
• 50+ markers 
• Verifiable server farm 
• Request the board apparatuses 
• Progressed notice framework

WebTrader Platform

As an online stage, the electronic interface doesn’t need a product download. 

• Highlights include: 
• 30+ markers 
• Nine-time periods 
• Continuous statements 
• Instinctive interface 
• Customizable value graphs

Assets

Customers approach a scope of tradeable instruments: 

• Forex – Trade on 60+ major, minor and extraordinary money sets, including GBP/USD, EUR/GBP, and ZAR/USD 
• Stock indices– Access 14+ records including the FTSE, DAX, Dow Jones (US30), and NASDAQ (Nas100) 
• Commodities – Trade on WTI oil and valuable metals, like gold (XAUUSD) and silver (XAGUSD) 
• Bonds – Trade a choice of German bonds

Spreads & Fees

The Tickmill Classic record is without commission with variable spreads beginning from 1.6 pips. For Pro and VIP account holders, spreads start at zero pips with low commissions. 

Exchange expenses are concealed to $100, yet lethargic records might be charged an inertia expense. Triple trade charges apply to positions held for the time being.

Leverage

The most potent influence accessible is 1:500, yet changes relying upon the resource: 

• Stock indices – 1:100
• Metals – 1:500
• Bonds – 1:100
• Oil – 1:100
• FX- 1:500

An edge number cruncher and point by point data regarding edge prerequisites can be found on the Tickmill site.

Mobile App

Portable exchanging is accessible on Android (APK) and Apple (iOS) gadgets and makes exchanging moving clear while holding practically the entirety of the work area highlights. Clients can examine markets, value patterns and exchange straightforwardly from graphs. Versatile dealers can likewise store reserves, pull out benefits, and utilize accessible rewards.

Payment Methods

Acknowledged installment strategies incorporate bank move, Visa/Mastercard, Skrill, Neteller, and QIWI. The base store for Classic and Pro records is $100, and for a VIP account, it’s $5,000. The base withdrawal is $25. Installments are handled in EUR, GBP, USD, and PLN. 

To put aside an installment or withdrawal, head to the Client Area. Client audits of the installment cycle are, for the most part, sure.

Demo Account

Tickmill offers a forex and CFD demo account. The training account is an extraordinary chance to test the MT4 stage, new techniques and investigate extra highlights without the danger of misfortunes. You can open a demo account from the specialist’s landing page. The demo worker likewise has rich market history information.

Deals & Promotions

Four limited time offers are accessible: 

• $30 welcome bonus– set up and log in to your record to pull out your welcome reward 
• Trader of the month– the top-performing broker acquires a $1,000 free exchanging reward 
• Rebate promotion – bring in money refunds on your exchanges 
• Predict the NFP – win $500 

For any issues guaranteeing your store rewards, see full extra agreements under the ‘Advancements’ tab. The client care group can likewise help with additional inquiries. 

Note, arrangements may not be accessible to all record holders and in all locales.

Regulation & Licensing

Tickmill Ltd is controlled by the Seychelles Financial Services Authority (FSA). Tickmill UK Ltd is approved by the Financial Conduct Authority (FCA). Tickmill Europe Ltd is directed by the Cyprus Securities and Exchange Commission (CySEC). These are legitimate administrative offices and help add to the dealer’s high trust rating.

Additional Features

Tickmill offers various extra highlights to help merchants, including: 

• Free VPS 
• News blog 
• Copytrade 
• TradingView 
• Financial schedule 
• A single tick (EA) exchanging 
• Video instructional exercises and classes 
• Forex and pip number crunchers

Account Types

Tickmill offers three record types: 

• Classic– Trade CFDs on 62 cash sets, essential files, bonds, and items. Variable spreads start from 1.6 pips, and there are no commissions. A Classic record is reasonable for the two amateurs and experienced dealers. 
• Pro – Aimed at experienced dealers. Spreads from zero pips, commission payable on 2 money units for each side per part (0.0020% notional). Pause and cutoff levels are 0—no commission on stock lists, oil, and bonds. 
• VIP – An elite record for high-volume brokers. Commission payable on 1 cash unit for each side per parcel. No commission on CFDs, stock lists, oil, and bonds. Spreads from zero pips, most miniature store $50,000. 

An Islamic exchanging account is additionally accessible. 

For invalid record demands, check the rundown of acknowledged nations underneath or contact the client assistance group.

Benefits

Benefits of exchanging with Tickmill include: 

• Demo account 
• Supporting and scalping 
• Direct login 
• Various special offers 
• Serious normal spreads 
• A decent scope of instructive apparatuses

Drawbacks

Inconveniences of exchanging with Tickmill include: 

• No Cent or Micro record 
• Spread wagering inaccessible 
• No MetaTrader 5 (MT5) stage 
• No digital money and Bitcoin exchanging 
• Administrations not accessible to customers from the US, Japan, or Canada

Trading Hours

FX exchanging is accessible 24 hours, 5 days seven days. German bonds can be traded between 00:00 to 23:00 GMT. Gold business sectors 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 occasions for CFDs will rely upon their market. Head to the authority Tickmill site for more data. Exchanging hours can likewise be seen in the MT4 terminal.

Customer Support

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

• Phone – +852 5808 2921
• Email – support@tickmill.com
• Live chat – chat logo on the right of the homepage

The help group can assist with a scope of inquiries, from enrollment and check archives to trade-free conditions, failed to remember passwords, and record FAQs. 

Extra data can be found on Tickmill’s LinkedIn and YouTube stages.

Security

Tickmill’s inside frameworks are FSA consistent, so customer reserves are held in solo records. The merchant sticks to industry wellbeing norms and offers secure store and withdrawal choices. Negative equilibrium assurance is accessible to all customers.

Tickmill Verdict

Tickmill is a controlled dealer offering the MT4 exchanging stage, a set-up of different assets, in addition to various record alternatives. Take Tickmill’s administrations versus Pepperstone, XM, ZuluTrade, or IC Markets, and brokers profit with serious expenses yet penance a notably different item list.

Accepted Countries

Tickmill acknowledges dealers 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, etc. most different nations. 

Merchants can not utilize Tickmill from United States, Canada, Japan, Bangladesh, Nigeria, Pakistan, Kenya.

Alternatives to Tickmill

Suppose you are searching for options in contrast to Tickmill. We have ordered a rundown of the best 5 specialists like Tickmill underneath. This rundown of intermediaries like Tickmill is arranged by likeness and incorporates organizations that acknowledge merchants from your area. 

1. RoboForex – RoboForex is a multi-resource online agent offering incredible exchanging helpers. 
2. OctaFX – OctaFX offers multi-resource exchanging on a scope of stages and portable arrangements. 
3. FP Markets – FP Markets is a multi-resource dealer offering a decision of exchanging stages. 
4. VantageFX – Reliable and reasonable exchanging since 2009. Join more than 400,000 others exchanging 300+ CFD items over resources like forex, gold, lists, and offers from 0.0 spreads through TradingView, MT4, or MT5. Vantage FX is ASIC controlled, and customer reserves are isolated. Open a record in less than 5 minutes. 
5. FXOpen – FXOpen is an exceptionally cool FX, and CFD agent is offering numerous exchanging stages.

FAQ

Does Tickmill offer an Islamic account?

Indeed, Tickmill offers a trade-free record, agreeable with Sharia law. See the intermediary’s site for directions on the best way to open a document.

Is Tickmill a true ECN broker?

Indeed, Tickmill is an ECN intermediary and not a market producer. This seemingly implies customers profit with lower charges and work in a more straightforward exchanging climate.

Is Tickmill available to US clients?

No, administrations are not accessible to those from the US. Brokers from Canada, Japan, and some different nations are likewise unfit to open genuine cash exchanging accounts.

Is Tickmill a good broker?

Tickmill is an exceptionally managed and grounded specialist, offering the well-known MT4 stage. With good greeting rewards and client service additionally accessible, Tickmill is a robust online intermediary.

Does Tickmill have the NASDAQ?

Indeed, customers can exchange on the NASDAQ. Tickmill dealers likewise approach twelve or somewhere in the vicinity of other stock records, in addition to 62 cash sets, wares, and German bonds.