Tickmill logo

Tickmill Summary

Trust Rating BWhat's this?

How BrokerNotes Trust Rating is Calculated:

Our trust rating takes into account a range of factors that influence a brokers reliability and reputation, These factors include how the broker is regulated, whether they use segregated bank accounts, their years in business, banking tiers, customer support offered, and much more.

  • Regulated by the FSA
  • ECN broker, with DMA and STP
  • Provides good automated trading features like VPS
  • Uses top tier 1 banks for clients funds including Barclays
  • Client funds are held in segregated bank accounts
Visit Tickmill Website Open a practice account
Losses can exceed deposits. Your capital is at risk.


AvaTrade logo
  • Regulated by the Central Bank of Ireland
  • Used by 200,000+ traders
  • Over 11 years in business
Visit AvaTrade to start trading

Tickmill Review

Trust Rating B
  • Regulated by the FSA
  • ECN broker, with DMA and STP
  • Provides good automated trading features like VPS
  • Uses top tier 1 banks for clients funds including Barclays
Visit Tickmill to start trading
4.1 5 43

Tickmill Review

Forex and CFDs trading provider Tickmill is a rising new broker that is quickly becoming more and more popular. Aside from currency pairs, you can trade indices, commodities, and metals. Founded in 2014 Tickmill is headquartered in Seychelles and regulated by FSA.

A small minimum deposit of $25 is required to open an account with the broker and you can trade on your phone or computer via the MetaTrader 4 platform. There are a number of ways to deposit or withdraw funds aside from the usual bank transfer and credit/debit card, including WebMoney, Neteller, UnionPay, Skrill, and FasaPay. Spreads are as low as 1.6 pips on classic accounts and 0.0 pips on ECN and VIP accounts.

Clients can trade with the smallest size of 1 micro lot and utilize up to 1:500 leverage on their positions. Their phone and live chat support will be happy to answer any questions their clients may have.

Tickmill screenshot

Tickmill Spreads from (view all)

See all Tickmill spreads
  • Website

    Min. Deposit: $25 or equivalent

  • Services Offered:

    Forex, CFDs

    Min. Trade: 0.01 lot

  • Instruments:

    Forex, CFDs, Indices, commodities, metals

    Max. Trade: No limit

  • Excluded countries:

    EU countries, Australia, USA

    Margin: 0.02

  • Platforms:

    MetaTrader 4, MetaTrader 4 for PC & MAC, MetaTrader 4 for Android & iOS, Virtual Private Server (VPS)

    Leverage: 1:500

  • Apps:

    Apple - Yes, Android - Yes

    Commission: None for Classic, except 2 per lot & 1.6 per lot for ECN and VIP accounts respectively

  • Payment & Withdrawals:

    Payment methods Payment methods Payment methods Payment methods

Tickmill Pros & Cons

A virtual private server for automated trading is one of the features setting this broker apart from the rest in the industry. In this sense, using robots or expert advisors is fully permitted and for traders who want trading signals they provide this feature as well. All this is executed via an Electronic Communication Network (ECN) in the straight through processing mode providing direct market access to clients.

Opening contrary positions, known as hedging will not be a problem either and is fully allowed. And we know that everyone hates fees and commissions. With Tickmill, there aren’t any except 2 per lot & 1.6 per lot for ECN and VIP accounts respectively. On the other hand, ECN accounts have tighter spreads than the classic accounts, so this small commission will be hardly noticed.

However, potential Muslim traders will not be able to open a swap-free account as Tickmill doesn’t support this option. Also, traders looking to get some kind of bonus may not find this broker to be right for them as they don’t offer any bonuses.

  • No deposit or withdrawal fees
  • No inactivity fee
  • Offers tight variable spreads
  • Has trailing stops
  • Allows Hedging
  • Allows Scalping
  • Allows EA integration and automated trading
  • Offer VPS services
  • Offers DMA/ECN/STP Account
  • Does not offer fixed spreads
  • Does not offer guaranteed stop losses & limit orders
  • Does not offer price alerts
  • Does not offer Islamic accounts

Compare brokers similar to Tickmill

Still not sure which broker’s right for you? See 10 Tickmill alternatives or try our FREE broker matching tool

Financial spread bets and CFD trades are leveraged products, which means you could lose more than your deposits. If you’re hazy on exactly what that means, you shouldn’t trade.