Tickmill Review
  • Commissions and Fees
  • Features
  • Platform
  • Trustworthiness
  • Customer Service


Tickmill is an up and coming broker offering foreign exchange trading as well as CFDs. Tickmill offers competitive commissions and access to the popular MetaTrader trading platform. See if this is the right broker for you in our review.


  • Spreads are extremely low
  • Extremely high execution speeds
  • You have no restrictions with EAs
  • The mobile trading platform is extremely reliable and fast
  • Minimum deposit requirement is very low with the classic and pro accounts


  • They offer only two types of trading platforms
  • Limited options when it comes to CFDs
  • You can’t trade bitcoins during the weekend


About Tickmill

Tickmill is one of the most trusted brokers in the Forex trading industry. They are regulated by FCA, and for the offshore clients, they operate with FSA SC regulations, which clearly upholds the premium services offered to their retail clients. The retail traders can easily trade about 85 financial instruments and make a decent profit from this market. They also have the most popular trading platforms like MT4, which allows the new investors to execute a trade with a high level of precision. To be fair, they have done a reasonably good job by providing a premium class trading environment to their retail clients. Most importantly, they have a negative-balance-protection, which means you never have to lose more than your deposit even during catastrophic events like Brexit.

Tickmill Review

Key Features

Tickmill tends to be the number one choice for many professional scalpers as they don’t have any requotes. At times, you may trade the market with zero spreads, which will eventually boost your profit factor. Moreover, you can use any EA or Algos to automate your trading system.

Opening a Tickmill Account

Opening a trading account with Tickmill is relatively straightforward. With the necessary documents, you can get your account verified without any hassle. Currently, they are offering three major types of trading accounts based on the tastes of different traders. These are –

  1. Classic
  2. Pro
  3. VIP

Tickmill Account Types

The minimum amount required to open a classic or a Pro account is only $100. But when it comes to a VIP account, they have a higher minimum deposit requirement which is $50,000. The traders can fund their trading account in four major currencies (USD, EUR, GBP, and PLN). However, those who want to trade while observing their Islamic faith can do so with swap free trading accounts.

Regardless of your trading experience, you will easily trade the market since the minimum lot size for trading is 0.01. So there is no pressure to trade with high risk. For US citizens, this broker may not be available as it doesn’t have the CFTC registration.

Some traders find the sign-up process quite lengthy, but this is expected as they have to comply with the FCA regulations. You will need the following documents to open an account:

  • A scanned copy of your passport/ National ID/ Driving License
  • Utility bills as proof of residency

Here is a quick video on how to open an account with Tickmill: https://www.youtube.com/watch?v=DqHxVF-WH2k

Investment Offerings

Currently, they have 85 trading assets, and we are expecting more tradable assets in the near future. However, you can’t trade bitcoins and CFDs during the weekends, which is a little bit problematic for full-time traders. And when it comes to trading CFDs, the traders don’t have many options to trade.

Investment Offerings

Bonds and Precious Metals

Trading the German bonds and precious metal has never been easier as it now with Tickmill. You can easily trade gold and silver with the most competitive spreads. The broker offers a fast trading environment with very tight spreads. Since their orders are filled in real-time, you will never have to face requotes.

Cryptos and Equities

Trading bitcoin is one of the most lucrative businesses today. With Tickmill, you can easily trade the global digital currency 24×5. Even though the bitcoin industry is extremely volatile, the traders can enjoy a fast-paced, reliable trading environment without any requotes.

Commission and Fees

Commission and fees charged by Tickmill are incredibly competitive. The spreads start at 1.6, and it can go as low as 0. For the classic account, you won’t have to pay any commissions, but for the Pro and VIP account, you will have to pay a very low commission based on the asset you chose to trade.

Platform and Tools

The trading platforms at Tickmill are free, and you don’t have to pay extra money to get the real-time price feed. Currently, they are offering the trading platforms below.


MT4 is by far the most popular trading platform for retail traders. The platform is customizable, and its design will give traders an edge in the market. This platform can be installed on your PC, accessed using a standard browser.

Metatrader 4

Mobile Trading

Considering that this broker is an MT4-only broker, you can easily manage your trades on your mobile phone. Whether an Android or an IOS enthusiast, you can download the app and do your analysis right from your phone.

Tickmill Mobile App

Web Trader

The web trading platform is also gaining huge popularity over the past few years since they are continuously working hard to ensure the best possible trading environment. The platform offers quick and easy access to trading without downloading or installing any application on your PC

Tickmill Web trading

Both short term and long term traders can do the perfect market analysis with the availed platforms. Starting from the one-minute time frame, you can easily trade the market in a variety of time frames.

When it comes to setting up the stop-loss or take-profit level, the traders have to maintain 15 points or 1.6 pips distance from the current market price. Such amazing features offer the scalpers the perfect environment to place a trade with a very low risk even though they are trading with huge lots. The charting features of this broker are an ideal match for many traders. One can easily do precise technical analysis without facing any trouble. The broker offers additional tools to improve the trading environment; these tools include:

  • Autochartist: With this tool, you can make informed decisions with the most versatile analysis tool. The tool uses its state of the art recognition engine to identify key patterns as well as price levels.


  • Myfxbook Autotrade: Allows traders to follow strategies developed and tested by experienced traders. The tool is available to Tickmill clients in FCA regulated jurisdictions.

Myfxbook autotrade

  • Calendar: Quickly access all economic events and news with their forex calendar.
  • Forex calculators: Comes with a currency converter, pip calculator, and margin calculator to save your time during trades.

Forex calculators

  • VPS: With the Tickmill VPS, traders can keep their signals running while offline

How Does Tickmill Compare?

Though there are hundreds of brokers claiming to be the best in the industry, Tickmill is actually keeping its commitment. When it comes to trade execution speed, they are by far one of the best brokers in the online trading industry. Fees and commissions charged by Tickmill are also meager, and you don’t have to pay any hidden fees. Moreover, due to their strict regulations, you know your funds are in safe hands. And when it comes to the trading profession, it’s always better to trade the market with the best broker you can find.


Being with a broker you can trust is very crucial to the success of your trading career. With a market full of scams and shady brokers, it may be hard to know the right firm for you. Tickmill has been operating for 3 years now. As of today, the broker has been regulated in a number of jurisdictions among them the FCA and CySEC. The broker is also authorized to operate in the EU region, which is a plus to its trust score. Their continued commitment to offering a fast trading environment with low instances of freezing platforms is another important factor worth considering. With this broker, you can rest assured your deposit is safe. Your funds are segregated and kept in separate accounts. That means, if your broker goes bust, you will still be able to recover your balance.

Customer Service

Tickmill offers support in a number of languages, including English, Spanish, Chinese, Russian, Vietnamese, and Indonesia. Their support services are relatively good but can be improved by bringing down the response time. Their support staffs, on the other hand, are a little bit impatient; however, the overall engagement with their support is good.