Quick Overview & Key Specifications
| Feature | Details |
|---|---|
| Established | 2014 |
| Headquarters Location | London, United Kingdom |
| Regulation | FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), DFSA (Dubai) |
| Broker Type | STP / NDD |
| Maximum Leverage | Up to 1:500 (FSA/FSCA) / 1:30 (FCA/CySEC) |
| Minimum Deposit | From $100 (Classic, Pro, VIP) |
| Minimum Spread | From 0.0 pips |
| Platforms Supported | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Tickmill Mobile App, WebTrader |
| Tradable Instruments | 60+ Forex Pairs, 15+ Stock Indices, Oil & Gas, Precious Metals, Cryptocurrencies, Bonds |
| Customer Support | Multilingual 24/5 (Live Chat, Phone, Email) |
Pros and Cons
| Pros | Cons |
|---|---|
| • Multi-regulated tier-1 broker with strong investor protection funds • Industry-leading ultra-low commissions and raw spreads starting from 0.0 pips • Ultra-fast order execution speed averaging 0.20 seconds with no requotes • Free deposit and withdrawal options with zero broker-side processing fees • Advanced copy trading via Myfxbook AutoTrade and Signal Start • Full support for all trading strategies including scalping, hedging, and EAs |
• Limited selection of single-stock CFDs compared to competitors • Customer support is available 24/5 rather than 24/7 |
Regulation & Security of Funds
- Regulatory Authorities: Tickmill is regulated by the UK FCA, Cyprus CySEC, South Africa FSCA, Seychelles FSA, and Dubai DFSA.
- Client Protection Features:
- Negative Balance Protection: Protects retail traders from incurring losses greater than their account equity.
- Investor Compensation Schemes: FSCS coverage up to £85,000 (UK) and ICF coverage up to €20,000 (Cyprus).
- Segregated Accounts: All client funds are held separately from company funds in top-tier global financial institutions.
Account Types Comparison
| Account Type | Target Trader | Min. Deposit | Max Leverage | Spreads | Commission |
|---|---|---|---|---|---|
| Classic | Beginners & Standard Traders | $100 | 1:500 | Floating from 1.6 pips | No |
| Pro | Active & Scalping Traders | $100 | 1:500 | Floating from 0.0 pips | 2 units per side |
| VIP | High-Volume Professionals | $50,000 balance | 1:500 | Floating from 0.0 pips | 1 unit per side |
| Islamic | Swap-Free Requirement | $100 | 1:500 | Matches Classic/Pro/VIP | Matches Classic/Pro/VIP |
Tradable Markets & Financial Instruments
- Forex: 60+ major, minor, and exotic currency pairs with raw spreads and fast execution.
- Stock Indices & Oil: 15+ major global equity indices plus WTI and Brent Crude Oil.
- Precious Metals: Gold (XAUUSD) and Silver (XAGUSD) CFDs.
- Bonds: German Government Bonds (Bunds) with zero commission trading.
- Cryptocurrencies: CFDs on Bitcoin, Ethereum, and Litecoin.
Trading Platforms & Technology
- MetaTrader 4 (MT4): Full-featured desktop, web, and mobile software with custom EAs and indicators.
- MetaTrader 5 (MT5): Next-generation multi-asset platform with extended depth of market and enhanced backtesting.
- Tickmill Mobile App: User-friendly proprietary mobile tool for account management and on-the-go trading.
- Advanced Trading Tools: Access to Autochartist, StereoTrader, and integrated VPS options.
Deposits, Withdrawals & Fees
- Deposit Options: Bank Wire Transfer, Credit/Debit Cards, Skrill, Neteller, Sticpay, and WebMoney. Minimum $100. Zero deposit fees.
- Withdrawal Options: Fast processing within 1 business day with zero broker fees.
Special Features & Investment Services
- Copy Trading Services: Integration with Myfxbook AutoTrade and Signal Start.
- Educational & Research Hub: Webinars, market analysis, ebooks, trading calculators, and daily market insights.
- Traders Contests: Regular trading competitions including Trader of the Month contest with cash prizes.
Customer Support & Global Availability
- 24/5 Multilingual Support: Available in over 10 languages via Live Chat, Email, and Phone Callback.
Regional Restrictions: Accepts clients globally, excluding residents of the United States, Canada, Japan, Australia, and certain sanctioned jurisdictions.
