Tickmill Review 2024 | Is Tickmill a Scam or Legit Forex Broker?
  Join over 3500 happy   users!Find firm   Best firms   Coupons   $

3.5 / 5

Rating breakdown

Security
40%
2.0/5
Ease of Use
70%
3.5/5
Tradable Assets
60%
3.0/5
Deposit and withdrawal
90%
4.5/5
Trading Fees
100%
5.0/5
Support
60%
3.0/5

Top alternative : OspreyFX


Is Tickmill safe? Yes Tickmill is a safe and secure broker. However, No broker is perfect, and Tickmill is no exception. While they do have a lot of pros, there are plenty of reasons why you might be looking for an alternative to Tickmill. So which brokers are better than Tickmill? Want to jump straight to the answer?

View alternatives

Read our Tickmill review to find out if Tickmill is a scam or a reliable forex broker. Unbiased Forex brokers reviews that serve the interests of our users.

Tickmill Review and Analysis

Overview

Tickmill ReviewTickmill is a brokerage business that was established in 2014, to offer traders the opportunity to trade FX and Contracts-for-Difference assets on an online platform.The Tickmill brand is owned and operated by three subsidiary companies known as Tickmill Ltd (Seychelles), Tickmill Europe Ltd (EU) and Tickmill UK Ltd (United Kingdom).

Investor Protection & Regulations

Investor protection on Tickmill is done at three levels: regulation and account segregation, through negative balance protection and the regulator’s compensation fund.

Tradeable Products

Tickmill offers trade in 60 currency pairs, 2 Metals, 17 Stocks and Indices, and 4 Bonds.

Fees and Commissions

Tickmill fees and commissionsAs an NDD broker, Tickmill offers the VIP and Pro accounts with Zero spreads and commissions and its Classic account with spreads like 1.6 on the EUR/USD.

Trading Platform

Tickmill trading platform

Account Types

Tickmill offers 3 types of accounts with spreads starting from 1.6 pips on EUR/USD in Classic account. The Pro account is the most popular.

Deposit and withdrawal

Tickmill Deposit and WithdrawalDeposits and withdrawals can be made through credit and debit cards, bank wires and e-wallets. Tickmill charges no fees for transactions and processing time takes around a day.

Customer Support

Tickmill customer supportContact Tickmill in 14 different languages over the phone, Live Chat or email.

Education and Research

Tickmill offers webinars video tutorials and education articles.

Overall Conclusion – Final Thoughts

Tickmill has recognized that traders all over the world do not have the same circumstances. Therefore, the product offering and trade conditions differ. Traders who want higher leverage can go to Tickmill Seychelles, while those who can play by the ESMA rules can go to Tickmill UK or Europe. This gives traders a lot of flexibility.

Broker's Features TICKMILL Availability
Commissions
Hedging
PAMM
Scalping
Accepts US traders
24 hour trading
Swaps
Demo account
Daily analysis
Automated trading
Mobile trading
Trading by phone
1st deposit bonus
Forex contests competitions
Bonuses Promotions
Interest charges on the balance
Free education
Expert advisors
Partnership programs
Trust management
24 hour support

Bonuses: Upcoming & Ongoing Competitions and Giveaways

tickmill default bonus image
$5K Rebate Session – Tickmill

Tickmill introduces a cash 3-tire rebate promotion on your trades, the more you trade the more you earn! During the promotional period earn $0.25 to $0.75 per lot each calendar month for your regular trading activity. Fund your MT4 trading account ... 

and join the cashback program. The rebate you received is fully withdrawable or further trading.

Ending Date: Tuesday 31 December, 2024

Terms: Offer is Applicable to All Clients.

People Also Asked

Is Tickmill regulated?
Yes, Tickmill is regulated by top-tier regulators, FCA UK, CySEC, FSA Seychelles inclusive.
Where is Tickmill based?
Tickmill is based in London
How does Tickmill make money?
Tickmill charges a spread between the bid price and ask price. It does NOT charges a commission.
How do I deposit in Tickmill account?
With Tickmill you can deposit money via the following means; Credit Card, Neteller, QIWI, Skrill, Wire Transfer.
How do I withdrawal in Tickmill account?
Tickmill lets you request a withdrawal of funds from your account via the following means; Credit Card, Neteller, QIWI, Skrill, Wire Transfer.
What is the minimum deposit for Tickmill?
Tickmill has $100 minimum deposit.
What are the available account base currencies with Tickmill?
Tickmill trading accounts are offered in USD, EUR, GBP, PLN. If your country's currency isn't included in the list, you will need to open an account with another currency base.
What is the max leverage in Tickmill?
Tickmill has a maximum leverage is 1:500 for professional traders.
Does Tickmill use MetaTrader?
Tickmill platforms: Yes, Tickmill use MetaTrader as well as the following platforms: MT4, WebTrader
What type of broker is Tickmill?
Tickmill appears to be a ECN, STP broker which offers market access to a variety of traders.
Does Tickmill accept US clients?
No, Tickmill does not accept US clients
Does Tickmill offers Islamic accounts?
No, Tickmill does not offer Islamic accounts
What financial instruments can I trade?
You can trade a wide variety of instruments with Tickmill: You can trade a wide variety of instruments with Tickmill: Forex, Stock Indices, Commodities, CFDs, Precious

Are you Satisfied with what They Offer?