If you’re searching for a trustworthy Forex and CFD broker, you may have come across Tickmill. In this detailed Tickmill review, we’ll examine its features, trading conditions, fees, and overall reliability to help you decide if it’s the right broker for you.
Tickmill Overview
Tickmill is a globally regulated Forex and CFD broker known for its low spreads, fast execution, and strong regulatory compliance. Founded in 2014, Tickmill has gained a solid reputation among traders for offering competitive trading conditions across various financial instruments, including Forex, commodities, indices, and cryptocurrencies.
Tickmill Regulation & Safety
One of the most important factors when choosing a broker is regulation and security. Tickmill is regulated by several top-tier financial authorities, including:
- Financial Conduct Authority (FCA) – UK
- Cyprus Securities and Exchange Commission (CySEC) – EU
- Seychelles Financial Services Authority (FSA) – Global clients
These regulations ensure that client funds are kept in segregated accounts, and the broker follows strict financial standards. Tickmill also offers negative balance protection for retail traders under FCA and CySEC regulations.
Tickmill Trading Platforms
Tickmill provides traders with MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the two most popular trading platforms in the industry. Both platforms are available on:
- Desktop (Windows & Mac)
- WebTrader (browser-based)
- Mobile (iOS & Android)
Key Features of MT4 & MT5 on Tickmill
- Advanced charting tools (30+ indicators, multiple timeframes)
- One-click trading & fast execution
- Automated trading (Expert Advisors – EAs)
- Customizable interface
Tickmill also offers a VPS (Virtual Private Server) service for traders who want to run automated strategies 24/7 without interruptions.
Tickmill Account Types
Tickmill offers three main account types to cater to different trading styles:
- Classic Account
- No commission (spreads from 1.6 pips)
- Minimum deposit: $100
- Suitable for beginners
- Pro Account
- Ultra-low spreads (from 0.0 pips)
- Commission: $2 per side per 100,000 traded
- Minimum deposit: $100
- Best for scalpers and high-volume traders
- VIP Account
- Lowest spreads & commissions
- Commission: $1 per side per 100,000 traded
- Minimum deposit: $50,000
- Designed for professional traders
Additionally, Tickmill offers a demo account for practice and a Sharia-compliant Islamic account (swap-free) for Muslim traders.
Tickmill Spreads & Fees
Tickmill is known for its competitive spreads and low trading costs:
- EUR/USD spreads start from 0.0 pips on Pro and VIP accounts.
- No hidden fees – Tickmill charges only spreads and commissions (where applicable).
- No deposit or withdrawal fees (though third-party payment providers may charge).
Overnight Fees (Swap Rates)
Like most brokers, Tickmill charges swap fees for positions held overnight. These vary depending on the instrument and account type.
Tickmill Deposits & Withdrawals
Tickmill supports multiple fast and secure payment methods, including:
- Bank Transfers
- Credit/Debit Cards (Visa, Mastercard)
- Skrill
- Neteller
- Cryptocurrencies (Bitcoin, USDT, etc.)
Key Points:
- No deposit fees (except for bank transfers in some cases).
- Withdrawals are processed within 1 business day.
- Minimum withdrawal amount is $25.
Tickmill Leverage
Leverage varies based on the regulatory jurisdiction:
- Up to 1:500 (FSA-regulated clients)
- Up to 1:30 (FCA & CySEC-regulated retail clients)
- Higher leverage for professional traders (upon request)
While high leverage can increase profits, it also increases risk, so use it wisely.
Tickmill Customer Support
Tickmill offers 24/5 multilingual customer support via:
- Live Chat (fastest response)
- Email (support@tickmill.com)
- Phone (multiple regional numbers)
The support team is responsive and knowledgeable, helping traders with account-related and technical issues.
Tickmill Education & Research
Tickmill provides free educational resources, including:
- Webinars & video tutorials
- Market analysis & trading signals
- Economic calendar
- Blog with trading tips
These resources are great for both beginners and experienced traders.
Pros & Cons of Tickmill
✅ Pros:
✔ Strong regulation (FCA, CySEC, FSA)
✔ Low spreads & commissions
✔ Fast execution (no requotes)
✔ MT4 & MT5 available
✔ No deposit/withdrawal fees
✔ Good customer support
❌ Cons:
✖ Limited product portfolio (no stocks or ETFs)
✖ Higher minimum deposit for VIP account
✖ No cTrader or proprietary platform
Final Verdict: Is Tickmill a Good Broker?
Based on this Tickmill review, the broker is a solid choice for Forex and CFD traders who value low costs, fast execution, and strong regulation. It’s especially suitable for:
- Scalpers & high-frequency traders (thanks to tight spreads)
- EA traders (with VPS support)
- Beginners (due to its demo account and educational materials)
If you’re looking for a reliable, low-cost broker, Tickmill is definitely worth considering.
Open a Tickmill Account Today
Ready to start trading? Visit Tickmill’s official website to sign up and take advantage of their competitive trading conditions.
This Tickmill review covers all the essential details to help you make an informed decision. Whether you’re a beginner or an experienced trader, Tickmill offers a secure and cost-effective trading environment.
Did you find this review helpful? Share your thoughts in the comments!
