Tickmill Broker Service Review – Stable Forex broker with NDD MT4

Who is Tickmill?
Reviewing 4 aspects of Tickmill’s service
Tickmill’s Trading Conditions
Why you should invest with Tickmill?

Who is Tickmill?

Tickmill is an Online FX & CFD broker in Seychelles.

The broker is regulated/licensed by Seychelles’s FSA.

Tickmill’s 2 main advantages are:

A number of Bonus Promotions and Contests
Exceptional Trading Conditions

Its average execution speed is around 100 milliseconds, and provided with a very low cost.

You can find the list of current Bonus Promotions down below.

Tickmill does not provide service to residents in United States, Cuba, Iraq, Myanmar, North Korea and Sudan.

Tickmill Official Website

How to open Tickmill MT4 trading account?

Reviewing 4 aspects of Tickmill’s service

Tickmill is one popular online Forex and CFD broker, especially in Asia and Europe.

But do they offer fine service conditions?

Here we will review 4 aspects of Tickmill’s service.

1. Account Types and Platforms

Tickmill has only MT4 (MetaTrader4), but the advanced MT5 (MetaTrader5) or cTrader trading platforms are not available.

MT4 is the most popular trading platform in 2019, so the selection of platform shouldn’t be a problem for traders.

The MT4 is available as a Web Trader, and for Windows, iOS and Android devices.

There are mainly 3 account types available which are Classic, Pro and VIP.

Each account type has different advantages, and offered with ECN technology and NDD execution.

Islamic account and Demo account are also available.

There are many available methods for fund deposits and withdrawals including bank wire transfer, online wallets and credit/debit cards.

Considering the above facts, you can get started smoothly with a set of accounts and platforms of Tickmill.

Find out more about Tickmill’s STP execution

2. Available Financial Markets

Tickmill offers about 100 financial instruments.

The available markets are Forex, Stock Indices, WTI, Precious Metals, Bonds and Cryptocurrency.

All of the above markets, you can access through one online trading account.

3. Trading Tools

When it comes to trading tools, Tickmill has everything a trader would need.

Starting with the popular market scanning tool “Autochartist”, you can also use their autoTrade service to invest smartly.

Traders are free to use Forex calendar and calculators available in the Official Website

One-click trading EA and Tickmill’s VPS (Virtual Private Server) are also available for free.

All of the tools are available for Tickmill traders.

In 2019, Tickmill has mainly the following promotions.

The ECO IB Contest
Trader of the Month – Live trading contest
Tickmill’s NFP Machine
$30 Welcome Account (No Deposit Bonus)

The above promotions are available for traders registered under Tickmill Ltd Seychelles.

While trading on ECN and NDD environment, you can also take advantage of these promotions to maximize your profit!

Start trading with Tickmill

Tickmill’s Trading Conditions

With Tickmill, you can trade over 85 trading instruments including Forex pairs, CFDs, Precious Metals, Bonds and Cryptocurrency on MT4 trading platform.

Bitcoin(BTCUSD) is available.

The required minimum deposit is only $25 to start trading.

The minimum trading cost is from 0.0 pip spread with $3.2/round turn lot commission.

The maximum leverage is 1:500.

Tickmill strives to offer NDD execution for all accounts types, thus they do not impose any restrictions on profitability and allows all trading strategies including hedging, scalping and arbitrage.

*Negative balance protection is not guaranteed. The general practice is that Tickmill covers the negative balance, but all cases are reviewed on a case-by-case basis.

Tickmill Official Website

Why you should invest with Tickmill?

Tickmill is known as the stable online Forex broker which has multiple financial licenses to provide the better service for investors all over the world.

Looking into more details of Tickmill’s trading conditions, there are many advantages which Tickmill offers.

There are more than 1 million FX investors registered with Tickmill, and there are many reasons for that.

1. Multiple financial licenses

Tickmill owns financial licenses in multiple countries.

Tickmill is regulated and licensed by Seychelles Financial Services Authority (FSA), Financial Conduct Authority (FCA) and Cyprus Securities and Exchange Commission (CySEC).

These Tickmill’s group license, in order to provide more safe, stable and transparent investment environment for investors.

Depending on the country you reside in, Tickmill will distinguish the regulations and provide more suitable investment solutions.

Available services and trading conditions are slightly different depending on the regulation.

For more information, please contact Tickmill’s multilingual support from Tickmill Official Website.

Visit Tickmill Official Website

2. MT4 (MetaTrader4)

Tickmill’s main trading platform is the MT4 (MetaTrader4) which is the most popular trading platform in the world by FX brokers and investors.

Tickmill has no restrictions on its MT4, you can use any advanced features and perform any types of trading strategies on the platform with no limit.

Tickmill MT4 has built-in real time market charts, technical indicators, order types, account management tools and more advanced options for traders.

Tickmill MT4 is where you can monitor markets, places trades and manage your account’s trading activities.

On the other hand, you can manage your account and funding activities in Tickmill’s client portal.

Tickmill MT4 can be downloaded from the official website for free.

Go to Tickmill Official Website

3. MT4 Web Trader

With Tickmill, you can start trading Forex and CFDs without installing any software of app.

Simply login to Tickmill’s Web Trader and start trading directly in your account.

Tickmill MT4 Web Trader is compatible with any types of popular browsers including Google Chrome, FireFox, Safari and Opera.

You can also utilize Tickmill’s MT4 Web Trader in public computers without installing anything.

Tickmill’s MT4 Web Trader features all the advanced trading tools and covers the full trading history of the account.

You can access to Tickmill’s MT4 Web Trader from Tickmill Official Website.

Note that in order to login to Tickmill’s MT4 Web Trader, you must have a login credential. To open Tickmill MT4, go to the registration page.

Visit Tickmill Official Website

4. MT4 Mobile Apps

Are you using Android, iPhone or iPad to trade Forex and CFDs online?

Tickmill MT4 can also be downloaded as apps for both Android and iOS devices.

By downloading Tickmill MT4 apps, you can access to over 80 financial markets through your mobile phones at anytime and anywhere.

All you need to do is download Tickmill MT4 mobile apps, login to your account and then all your trading history and account information will be synchronized.

Tickmill MT4 Mobile Apps can be used to just monitor the markets and manage your positions, while Desktop version of MT4 is more suited to analyze the markets, set position parameters and for more detailed settings.

Tickmill MT4 mobile apps cannot run EAs (Expert Advisers), but you can only run on Desktop version of MT4.

Go to Tickmill Official Website

5. Over 80 financial markets

With Tickmill, you can invest in over 80 financial markets in one trading account.

The available financial markets are Foreign exchange, precious metals (gold and silver), stock indices, Oils and German Bonds.

All of the markets are available for trading in one trading account.

With Tickmill, you can easily monitor all markets just by switching the market charts on MT4.

It is easy to diversify your investment portfolio with Tickmill.

There are many trading opportunities that you can find on Tickmill MT4.

Visit Tickmill Official Website

6. 0.0 pips Raw Spread

By integrating multiple feeds from liquidity providers, Tickmill has lowered the spread on MT4 down to 0.0 pips.

Investors can trade from minimum spread 0.0 pips on Tickmill MT4.

For some major FX currency pairs, the cost of trading is the only the trading commission charged for each order.

Tickmill has this ultra tight FX spread for Pro account and VIP account.

Tickmill’s 0.0 pips raw spread is especially suited for traders with scalping strategy.

Find out Tickmill’s Raw Spread update

7. 1:500 leverage

Tickmill offers high leverage 1:500 for Forex currency pairs and precious metals trading.

With this high leverage, you can start investing from small amount in your account.

You can increase your trading volume by 1:500 at anytime.

While offering this option, Tickmill also supports NBP (Negative Balance Protection).

While the high leverage increases the trading volume, profit rate and involved risk, Tickmill’s NBP limits the maximum loss to the total account balance.

In case the account balance goes negative, the account balance will be fixed to zero automatically due to the NBP system.

Your efficient risk management starts when you open FX trading account with Tickmill.

Visit Tickmill Official Website

8. No fees on deposit and withdrawal

Tickmill offers various fund deposit and withdrawal methods.

You can transfer your investment funds to Tickmill via bank wire transfer, online wallets (e-wallets) and credit / debit cards.

All deposit and withdrawal methods are fee of charge, as Tickmill does not charge any for fund management.

Note that the costs charged by third parties such as intermediary banks and payment service providers must be covered by the sender of the fund.

With Tickmill, you can transfer your national currency to start investing without worrying about extra costs.

Go to Tickmill Official Website

9. Bonus Promotions

Tickmill runs various bonus promotions for investors.

The most popular promotion is the $30 No Deposit Bonus which you can get for free.

Tickmill welcomes new traders with the 30 USD give away.

For traders of Tickmill, cash back rebate bonus promotion will give out up to $5,000.

With Tickmill’s cash back rebate promotion, you will earn more by trading more with Tickmill.

All traders with over $500 in his/her account will be also automatically included to Tickmill’s trading contest.

During the week of US NFP (Non Farm Payrolls), you can also participate to guess the NFP number to win real cash prize.

For the list of currently running bonus promotions, visit Tickmill Official Website.

Visit Tickmill Official Website

10. Trading Contest

Every month, Tickmill gives real cash prize to the chosen one of the month.

Tickmill team will choose the winner of the month according to their profitability, draw down rate and several more factors.

There is no need to apply for the contest, but all traders of Tickmill with more than $500 in the account will be automatically participated in the contest.

The contest runs every month, and you can see the past winners in Tickmill Official Website.

Join Tickmill and become a “Trader of the month” to get cash prize.

Go to Tickmill Official Website

11. 3 Trading Account Types

Tickmill has 3 different account types for MT4 platform.

Each account type has different advantages for investors.

Try all account types and find the most suitable account type for your style.

In the table below, you can find the comparison table of all account types.

Account Types	Pro	Classic	VIP
Required Minimum Deposit Amount	$100	$100	$5000
Account Base Currencies	USD, EUR, GBP	USD, EUR, GBP	USD, EUR, GBP
Maximum Leverage	1:500	1:500	1:500
Minimum FX Spread	0.0 pips	1.6 pips	0.0 pips
Trading Commission	$4 per round turn lot	None	$2 per round turn lot
Execution Model	Market Execution	Market Execution	Market Execution
Execution Speed	Less than 0.15 second	Less than 0.15 second	Less than 0.15 second
Minimum Trading Volume	0.01 lots	0.01 lots	0.01 lots
Maximum Trading Volume	100 lots	100 lots	100 lots
Margin Call %	100%	100%	100%
Stop Out %	30%	30%	30%
Market Environment	NDD	NDD	NDD
Islamic Swap Free Account	Available	Available	Available

Visit Tickmill Official Website

12. 0.15 second execution

Tickmill strives to offer NDD (Non Dealing Desk) trading environment and all orders are directly sent to the markets in real time.

All orders on Tickmill MT4 are executed instantly within 0.15 seconds.

No delay or re-quotes, Tickmill executes all orders instantly.

There is also no limitation in terms of the use of Tickmill MT4, and you can perform any profitable trading strategies with no limit.

Tickmill never interrupts investors’ orders or manipulate market prices, but all orders are instantly executed in the real markets with their ultra fast server connection.

Go to Tickmill Official Website

13. Islamic Swap Free account

Tickmill accepts investors from all over the world, and has also prepared for Islamic swap free account.

Signup for Tickmill and contact support team to convert your account to Islamic swap free.

There is no additional cost or charge, but you can convert any account types of Tickmill to swap free account.

Tickmill’s Islamic swap free account is available only for traders with Muslim faith.

Note that all positions carried over 4 days will be subject to certain charges in Islamic swap free account.

Visit Tickmill Official Website

14. Autochartist Market Scanning Tool

As a trader of Tickmill, you can benefit from Autochartist’s market scanning tool for free.

With Tickmill, Autochartist is free of charge.

You can directly connect the tool to Tickmill MT4 and analyze the market more efficiently.

Autochartist is a market scanning tool which scans hundreds of markets every moment to identify the possible future market trend.

Autochartist is popular with its accuracy and has been providing useful trading information to traders for years.

Get the real time feeds from Autochartist, and see how accurate it sees the market trends.

Go to Tickmill Official Website

15. Free Educational Tools

Are you new to Forex? Then Tickmill is happy to assist you.

Tickmill has prepared the complete set of educational tools for investors to learn and improve the skills even more.

All educational materials are free to access in Tickmill Official Website

Tickmill educational materials include Webinars, Seminars, E-books, Video Tutorials, Infographics, Forex Glossary, Fundamental Analysis, Technical Analysis, Columns/Articles and Market Insights.

Signup for Tickmill and start learning online for free.

Visit Tickmill Official Website

16. Demo account for 7 days

If you are not ready to invest your own money to trade Forex and CFDs, then there are 2 options for you.

Th first one is to get Tickmill’s $30 No Deposit Bonus.

Tickmill’s $30 No Deposit Bonus is available for free, and you do not need to make a deposit in order to get it.

You can find the rules of Tickmill’s $30 No Deposit Bonus promotion here.

The second option is to open Tickmill’s demo account with virtual money.

Trading in the demo account provides you the real market conditions and experience, while the used funds for trading is virtual thus involving no risks to your own money.

Both options are recommended for traders who are just getting started.

Go to Tickmill Official Website