Tickmill Review 2025 Forex Trading Platform

Tickmill Review 2025 Forex Trading Platform

We understand that informed decisions with TickMill are the key to successful trading, so we’ve provided this detailed TickMill review. So, take a seat, grab a cup of coffee, and dive in to learn about TickMill and how it can benefit you or if TickMill is not for you. The closest competitors to tickmill.com are cqg.com, hfm.com, and icmarkets.com. Tickmill’s various social media platforms are Facebook, Twitter, LinkedIn, YouTube, and Instagram. Wire fees on deposits that exceed $5,000 are reimbursed, up to $100. Each trading account is automatically entered in the Trader of the Month contest.

• Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors.
• There is also a Tickmill demo account, which allows you to access a full demo without having to deposit any funds to the platform.
• With over 100,000 active traders, the broker has built a strong reputation for fast execution, excellent customer support, and comprehensive educational resources.
• Apart from this, the only downside we can see here is that it’s not available 24/7.
• Join the conversation and discover insights that can help you navigate the exciting world of currency trading.

Trading Platforms

All deposits are processed instantly with the exception of bank wires that can be processed in one working day or sometimes a little longer. Here you will experience exactly the same trading conditions as you usually would with the difference being that no swap fees are charged. With that said, if you continue to hold a position for three consecutive days, a fee will be applied. An Islamic account is offered by TickMill on all of the account types already mentioned.

Guide to Forex Trading Regulation

They offer numerous instruments like Forex, Currency pairs, Stock indices, Precious Metals, Bonds, and Cryptocurrencies. A combination of multi-lingual webinars, seminars, eBooks, video tutorials, and infographics present educational content to new traders. Multiple webinars are provided weekly, covering a wide range of topics.

Payment Options and Withdrawal Times

Your funds will also be insured if you are an EU trader under the ICF fund for up to EUR 20,000, or in the UK under FSCS for up to £85,000. When it comes to regulation, you will be very glad to note that TickMill is well-regulated by a number of the most respected regulatory bodies in the industry. This includes the following under the various entities of the company around the world. No, Tickmill does not charge inactivity fees, which is a significant advantage compared to many other brokers. Yes, Tickmill is regulated by multiple financial authorities, including the FCA in the UK and CySEC in Europe.

Tickmill fees will depend on the type of account you have opened with the broker. Tickmill Ltd is a member of Tickmill Group, and trades under the name Tickmill. An appealing feature of this platform is the ability to choose the type of account you want. Clients have to fulfill the know-your-customer (KYC) requirements through the Client Area by providing some generalfinancial information and experience for verification https://traderoom.info/is-tickmill-a-brokerage-we-can-rely-on/ purposes. Futures and Options are offered with Direct Market Access across multiple globally regulated Futures exchanges including CME, CBOT, NYMEX, COMEX, EUREX, ICE Futures Europe and more.

Asktraders is a free website that is supported by our advertising partners. As such we may earn a commision when you make a purchase after following a link from our website. Additionally, various Tickmill Group trading names are registered with the FCA in the UK, BaFin in Germany, CONSOB in Italy, ACPR in France, and CNMV in Spain. This Tickmill review also points out further confidence in the broker via its participation in the MiFID II, the Financial Services Compensation Scheme, and the Investor Compensation Fund. Currently, it does not appear that Tickmill Africa has any regulatory scheme in place. If you have any questions as you use and review the Tickmill CFD offerings, you should be able to find the answers in the FAQ section.

No fixed spreads are available

The presentation is comprehensive; the blog represents the most valuable asset Tickmill possesses within its retail brokerage division. Multiple updates throughout the trading day, together with a solid mix of written content, charts, and videos, provide an exceptional service. The Classic account operates under the market maker model with the minimum spread listed at 1.6 pips, which is not as low as the spreads offered by most other brokers. The good news is that the Pro and VIP accounts deploy the NDD/STP model, where spreads are lowered significantly, starting from 0.0 pips. Classic accounts have no commissions at all, while Pro accounts have a commission of $2 per side per $100,000 traded and VIP accounts have a lot commission of $1 per side per $100,000 traded.

Hello Hartono Prase Rudi,Thank you so much for this 5-star review. We really appreciate you being a satisfied client and helping to share the word about us. I like to keep things simple, so I am still using the MT5 platform. Traders outside the UK, Malaysia, South Africa and the European Union and may be trading with Tickmill Ltd which is authorised and regulated by the Financial Services Authority (FSA) Seychelles.

FOREX.com, registered with the Commodity Futures Trading Commission (CFTC), lets you trade a wide range of forex markets with low pricing and spreads, fast, quality execution on every trade. One of the reasons that Tickmill has received numerous awards is that it is very meticulous about providing the utmost secure trading environment to traders. Some beginners are intimidated by trading jargon and advanced technical indicators.