- Who is Tickmill?
- Reviewing 4 aspects of Tickmill’s service
- Tickmill’s Trading Conditions
- Why you should invest with Tickmill?
- Multiple financial licenses
- MT4 (MetaTrader4)
- MT4 Web Trader
- MT4 Mobile Apps
- Over 80 financial markets
- 0.0 pips Raw Spread
- 1:500 leverage
- No fees on deposit and withdrawal
- Bonus Promotions
- Trading Contest
- 3 Trading Account Types
- 0.15 second execution
- Islamic Swap Free account
- Autochartist Market Scanning Tool
- Free Educational Tools
- Demo account for 7 days
- Cash Back Rebate Promotion
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.
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.
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.
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.
4. Bonus Promotions
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)
While trading on ECN and NDD environment, you can also take advantage of these promotions to maximize your profit!
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.
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.
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.
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.
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.
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.
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.
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’s 0.0 pips raw spread is especially suited for traders with scalping strategy.
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.
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.
With Tickmill, you can transfer your national currency to start investing without worrying about extra costs.
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.
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.
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.
|Required Minimum Deposit Amount||$100||$100||$5000|
|Account Base Currencies||USD, EUR, GBP||USD, EUR, GBP||USD, EUR, GBP|
|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%|
|Islamic Swap Free Account||Available||Available||Available|
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.
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.
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.
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.
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.
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.
17. Cash Back Rebate Promotion
Tickmill has launched the cash back rebate bonus promotion in 2020.
The promotion gives back certain amount of bonus to traders every time he/she makes a trade.
With the promotion, you will earn more by trading more with Tickmill.
There is no extra cost of requirement.
Get up to $5,000 compensation directly from Tickmill with the promotion.