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Tickmill Review

  • Regulated by: Financial Conduct Authority
  • Safety: segregates client funds
  • Trust Rating: B
Open Tickmill's Website

Losses can exceed deposits. Your capital is at risk.

Tickmill offer one way to trade: Forex.

To open a live account, you’ll need a minimum deposit of at least $25. Alternatively, Tickmill offer a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by the Financial Conduct Authority, UK (FRN: 717270). Tickmill puts all client funds in a segregated bank account and uses tier-1 banks for this. Tickmill have been established since 2014, and have a head office in Seychelles, UK.

Before we dive into some of the more detailed aspects of Tickmill’s spreads, fees, platforms and trading features, you may want to open Tickmill‘s website in a new tab by clicking the button below in order to see the latest information directly from Tickmill.

Open a demo account Visit Tickmill

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

PROS

  • Segeregates client funds
  • Established in 2014
  • Regulated by Financial Conduct Authority
  • Min. deposit from $25

CONS

What are Tickmill's spreads & fees?

The spreads displayed below are based on the minimum spreads listed on Tickmill’s website. The colour bars show how competitive Tickmill’s spreads are in comparison to other popular brokers featured on BrokerNotes.

Tickmill fixed spread is not available. If you believe this is incorrect please fill in our form

See all Spreads

Example: How much would it cost to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) at an exchange rate of 1.1719 and then sell it the next day at the same price you could expect these fees:

Tickmill AvaTrade Plus500
Spread from: $0.00 $7.00 $10.00
Typical overnight fee: $6.94 $5.00 $9.40
Commission: 4 0 0
Total cost of a 100k trade: $10.94 $12 $19.4
+$1.06 more +$8.46 more
Visit Tickmill Visit AvaTrade Visit Plus500

All fees/prices are for informational purposes and are subject to change. Last updated: 17/11/2017.

General Fees

  • Tickmill doesn't charge inactivity fees
  • Tickmill doesn't charge withdrawal fees

Overnight fees & swap rates

When you hold a position overnight, it is usually subject to overnight interest which you must pay to your brokerage (sometimes called a rollover fee or swap rate).

  • the roll over fee for long positions on EUR/USD is -$6.94
  • the roll over fee for short positions on EUR/USD is $5.09

Commissions

  • Tickmill doesn't charge commission on CFD shares

What instruments can you trade with Tickmill?

FX / Currencies Tickmill AvaTrade Plus500
# of forex pairs offered
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes
Exotic forex pairs Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs Tickmill AvaTrade Plus500
# of commodities offered
Metals Yes Yes Yes
Energies No Yes Yes
Agricultural No Yes Yes
Indiced & Stock CFDs Tickmill AvaTrade Plus500
# of Stocks offered 99 1816
UK Shares No Yes Yes
US Shares No Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
See Tickmill's Instruments See AvaTrade's Instruments See Plus500's Instruments

What's the Tickmill trading experience like?

1) Platforms and apps

Tickmill offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.The combination of downloadable platforms for both Mac and Windows allows traders to trade with their device of choice.

Tickmill Screenshot See Tickmill's Platforms

Tickmill also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you‘re on the move.

See Tickmill's platforms

Trading Features:

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit

Accounts offered:

  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account

Still not sure?

Open a practice account & learn to trade

2) Executing Trades

Tickmill allow you to execute a minimum of trade of 0.01 Lot. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument.As Tickmill offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments, but as a guide, Tickmill offer margin up to 1% on currencies.

Finally, we‘ve listed some of the popular funding methods that Tickmill offers its traders on the right.

Funding methods:

  • Credit cards
  • Bank Transfer
  • Neteller

3) Client support

Tickmill support a wide range of languages including English, Spanish, Russian, Chinese, Indonesian, Vietnamese

Tickmill have a BrokerNotes double AA support rating because Tickmill offer over three languages, email and phone support.

CFDs are leveraged products and can result in the loss of your capital. All information collected from http://www.tickmill.com/ on November 21, 2017.