Tickmill type account
*no commission on cfds on stock indices, oil and bonds. Complete registration, log in to your client area and upload the required documents.
New forex bonuses
PRO ACCOUNT
Designed for experienced traders who expect advanced features and optimal conditions.
Why choose our PRO account?
PRO ACCOUNT
Take advantage of tight spreads and competitive commissions.
Minimum deposit | 100 |
---|---|
available base currencies | USD, EUR, GBP |
spreads from | 0.0 pips |
max leverage | 1:500 |
min lots | 0.01 |
commissions | 2 per side per 100,000 traded |
all strategies allowed | |
swap-free islamic account option |
Trade cfds on 62 currency pairs, major stock indices, oil, precious metals and bonds on your pro account, with fluctuating spreads starting from 0.0 pips.
You will pay commission of only 2 currency units per side per lot (0.0020% notional) on your pro account in the base currency of the trading instrument.Our standard commission is one of the lowest in the world.
Example: if you trade 1 lot of EURUSD, which has a contract size of 100,000 EUR, then your commission per side would be 2 EUR and 4 EUR round turn.
Though many brokers do not allow placing stop and limit orders close to market prices, we allow you to do just that. So stop and limit levels for pro account users are zero.
*no commission on cfds on stock indices, oil and bonds.
Benefit from EXCEPTIONAL trading conditions
available base currencies: USD, EUR, GBP execution model: NDD execution type: market execution average execution speed: 0.20 seconds margin call / stop-out: 100% / 30%
Access some of the most
POPULAR INSTRUMENTS
of the market
FOREX
STOCK INDICES & OIL
METALS
BONDS
START TRADING with tickmill
It's simple and fast to join!
REGISTER
Complete registration, log in to your client area and upload the required documents.
CREATE AN ACCOUNT
Once your documents are approved, create a live trading account.
MAKE A DEPOSIT
Select a payment method, fund your trading account and start trading.
TRADING INSTRUMENTS
TRADING CONDITIONS
Forex & cfds
TRADING ACCOUNTS
PLATFORMS
EDUCATION
TOOLS
PARTNERSHIPS
PROMOTIONS
ABOUT US
SUPPORT
Tickmill is the trading name of tickmill group of companies.
Tickmill.Com is owned and operated within the tickmill group of companies. Tickmill group consists of tickmill UK ltd, regulated by the financial conduct authority (registered office: 3rd floor, 27 - 32 old jewry, london EC2R 8DQ, england), tickmill europe ltd, regulated by the cyprus securities and exchange commission (registered office: kedron 9, mesa geitonia, 4004 limassol, cyprus), tickmill south africa (pty) ltd, FSP 49464, regulated by the financial sector conduct authority (FSCA) (registered office: the colosseum, 1st floor, century way, office 10, century city, 7441, cape town), tickmill ltd, regulated by the financial services authority of seychelles and its 100% owned subsidiary procard global ltd, UK registration number 09369927 (registered office: 3rd floor, 27 - 32 old jewry, london EC2R 8DQ, england), tickmill asia ltd - regulated by the financial services authority of labuan malaysia (license number: MB/18/0028 and registered office: unit B, lot 49, 1st floor, block F, lazenda warehouse 3, jalan ranca-ranca, 87000 F.T. Labuan, malaysia).
Clients must be at least 18 years old to use the services of tickmill.
High risk warning: trading contracts for difference (cfds) on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade contracts for difference (cfds), you should carefully consider your trading objectives, level of experience and risk appetite. It is possible for you to sustain losses that exceed your invested capital and therefore you should not deposit money that you cannot afford to lose. Please ensure you fully understand the risks and take appropriate care to manage your risk.
The site contains links to websites controlled or offered by third parties. Tickmill has not reviewed and hereby disclaims responsibility for any information or materials posted at any of the sites linked to this site. By creating a link to a third party website, tickmill does not endorse or recommend any products or services offered on that website. The information contained on this site is intended for information purposes only. Therefore, it should not be regarded as an offer or solicitation to any person in any jurisdiction in which such an offer or solicitation is not authorised or to any person to whom it would be unlawful to make such an offer or solicitation, nor regarded as recommendation to buy, sell or otherwise deal with any particular currency or precious metal trade. If you are not sure about your local currency and spot metals trading regulations, then you should leave this site immediately.
You are strongly advised to obtain independent financial, legal and tax advice before proceeding with any currency or spot metals trade. Nothing in this site should be read or construed as constituting advice on the part of tickmill or any of its affiliates, directors, officers or employees.
The services of tickmill and the information on this site are not directed at citizens/residents of the united states, and are not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
CLASSIC ACCOUNT
Enter the world of trading in the easiest and simplest way possible.
Why choose our classic account?
CLASSIC ACCOUNT
Get access to global markets and trade commission-free.
Minimum deposit | 100 |
---|---|
available base currencies | USD, EUR, GBP |
spreads from | 1.6 pips |
max leverage | 1:500 |
min lots | 0.01 |
commissions | zero commissions |
all strategies allowed | |
swap-free islamic account option |
Trade cfds on 62 currency pairs, major stock indices, oil, precious metals and bonds on your classic account, with variable spreads starting from 1.6 pips and no commissions.
The classic account is suitable for both novice and experienced traders and offers optimal trading conditions, ultra-fast order execution while enabling you to use virtually any trading strategy.
This account type is a great gateway to the world of trading and comes with several perks that add value to your trading experience.
Please note that classic account charts show market and spreads without the mark up.
Benefit from EXCEPTIONAL trading conditions
available base currencies: USD, EUR, GBP execution model: NDD execution type: market execution average execution speed: 0.20 seconds margin call / stop-out: 100% / 30%
Access some of the most
POPULAR INSTRUMENTS
of the market
FOREX
STOCK INDICES & OIL
METALS
BONDS
START TRADING with tickmill
It's simple and fast to join!
REGISTER
Complete registration, log in to your client area and upload the required documents.
CREATE AN ACCOUNT
Once your documents are approved, create a live trading account.
MAKE A DEPOSIT
Select a payment method, fund your trading account and start trading.
TRADING INSTRUMENTS
TRADING CONDITIONS
Forex & cfds
TRADING ACCOUNTS
PLATFORMS
EDUCATION
TOOLS
PARTNERSHIPS
PROMOTIONS
ABOUT US
SUPPORT
Tickmill is the trading name of tickmill group of companies.
Tickmill.Com is owned and operated within the tickmill group of companies. Tickmill group consists of tickmill UK ltd, regulated by the financial conduct authority (registered office: 3rd floor, 27 - 32 old jewry, london EC2R 8DQ, england), tickmill europe ltd, regulated by the cyprus securities and exchange commission (registered office: kedron 9, mesa geitonia, 4004 limassol, cyprus), tickmill south africa (pty) ltd, FSP 49464, regulated by the financial sector conduct authority (FSCA) (registered office: the colosseum, 1st floor, century way, office 10, century city, 7441, cape town), tickmill ltd, regulated by the financial services authority of seychelles and its 100% owned subsidiary procard global ltd, UK registration number 09369927 (registered office: 3rd floor, 27 - 32 old jewry, london EC2R 8DQ, england), tickmill asia ltd - regulated by the financial services authority of labuan malaysia (license number: MB/18/0028 and registered office: unit B, lot 49, 1st floor, block F, lazenda warehouse 3, jalan ranca-ranca, 87000 F.T. Labuan, malaysia).
Clients must be at least 18 years old to use the services of tickmill.
High risk warning: trading contracts for difference (cfds) on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade contracts for difference (cfds), you should carefully consider your trading objectives, level of experience and risk appetite. It is possible for you to sustain losses that exceed your invested capital and therefore you should not deposit money that you cannot afford to lose. Please ensure you fully understand the risks and take appropriate care to manage your risk.
The site contains links to websites controlled or offered by third parties. Tickmill has not reviewed and hereby disclaims responsibility for any information or materials posted at any of the sites linked to this site. By creating a link to a third party website, tickmill does not endorse or recommend any products or services offered on that website. The information contained on this site is intended for information purposes only. Therefore, it should not be regarded as an offer or solicitation to any person in any jurisdiction in which such an offer or solicitation is not authorised or to any person to whom it would be unlawful to make such an offer or solicitation, nor regarded as recommendation to buy, sell or otherwise deal with any particular currency or precious metal trade. If you are not sure about your local currency and spot metals trading regulations, then you should leave this site immediately.
You are strongly advised to obtain independent financial, legal and tax advice before proceeding with any currency or spot metals trade. Nothing in this site should be read or construed as constituting advice on the part of tickmill or any of its affiliates, directors, officers or employees.
The services of tickmill and the information on this site are not directed at citizens/residents of the united states, and are not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Tickmill type account
- Tickmill homepage
- Client support
- Login
- English
- Русский
- Polski
- Español
- 中文
- Deutsch
- Italiano
- 한국어
- Portuguese
- Türkçe
Client area registration 1/2
Estimated time to complete your registration is 3 minutes
please complete the following form using latin letters only
Tickmill is a trading name of tickmill UK ltd (a company registered in england and wales under number 09592225). Principal and registered office: 3rd floor, 27-32 old jewry, london EC2R 8DQ. Authorised and regulated by the UK financial conduct authority. FCA register number: 717270.
High risk warning: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading cfds with tickmill UK ltd. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money. You should be aware of all the risks associated with trading contracts for difference (cfds) and seek advice from an independent adviser if you have any doubts. Please refer to the summary risk disclosure.
The information on this site is not directed at residents of the united states and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Important notice
You are about to leave tickmill europe ltd client area registration page. By clicking “continue” you will be redirected to the registration page of tickmill UK ltd, a company registered in the UK and regulated by the financial conduct authority of the united kingdom.
You are about to leave tickmill europe ltd client area registration page. By clicking “continue” you will be redirected to the registration page of tickmill ltd, a company registered in the seychelles and regulated by the financial services authority of seychelles.
Tickmill type account
- Tickmill homepage
- Client support
- Login
- English
- Русский
- Polski
- Español
- 中文
- Deutsch
- Italiano
- 한국어
- Portuguese
- Türkçe
Client area registration 1/2
Estimated time to complete your registration is 3 minutes
please complete the following form using latin letters only
Tickmill is a trading name of tickmill UK ltd (a company registered in england and wales under number 09592225). Principal and registered office: 3rd floor, 27-32 old jewry, london EC2R 8DQ. Authorised and regulated by the UK financial conduct authority. FCA register number: 717270.
High risk warning: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading cfds with tickmill UK ltd. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money. You should be aware of all the risks associated with trading contracts for difference (cfds) and seek advice from an independent adviser if you have any doubts. Please refer to the summary risk disclosure.
The information on this site is not directed at residents of the united states and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Important notice
You are about to leave tickmill europe ltd client area registration page. By clicking “continue” you will be redirected to the registration page of tickmill UK ltd, a company registered in the UK and regulated by the financial conduct authority of the united kingdom.
You are about to leave tickmill europe ltd client area registration page. By clicking “continue” you will be redirected to the registration page of tickmill ltd, a company registered in the seychelles and regulated by the financial services authority of seychelles.
Tickmill type account
- Tickmill homepage
- Client support
- Login
- English
- Русский
- Polski
- Español
- 中文
- Deutsch
- Italiano
- 한국어
- Portuguese
- Türkçe
Client area registration 1/2
Estimated time to complete your registration is 3 minutes
please complete the following form using latin letters only
Tickmill is a trading name of tickmill UK ltd (a company registered in england and wales under number 09592225). Principal and registered office: 3rd floor, 27-32 old jewry, london EC2R 8DQ. Authorised and regulated by the UK financial conduct authority. FCA register number: 717270.
High risk warning: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading cfds with tickmill UK ltd. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money. You should be aware of all the risks associated with trading contracts for difference (cfds) and seek advice from an independent adviser if you have any doubts. Please refer to the summary risk disclosure.
The information on this site is not directed at residents of the united states and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Important notice
You are about to leave tickmill europe ltd client area registration page. By clicking “continue” you will be redirected to the registration page of tickmill UK ltd, a company registered in the UK and regulated by the financial conduct authority of the united kingdom.
You are about to leave tickmill europe ltd client area registration page. By clicking “continue” you will be redirected to the registration page of tickmill ltd, a company registered in the seychelles and regulated by the financial services authority of seychelles.
Review of the tickmill broker вђ“ 2021
foundation year | 2014 |
headquarters | seychelles |
country | 3, F28-F29 eden plaza, eden island, mahe, seychelles and london, cyprus |
telephone | +44 203 608 6100 |
fax no. | No |
regulated by | FCA UK, cysec, FSA SC |
min. Deposit | 100 USD |
max leverage | 1:500 |
withdrawal methods | wire transfer, credit card, debit card, neteller, skrill , paypal, moneybookers, mastercard , cashu |
funding methods | wire transfer, credit card, debit card, neteller, skrill , paypal, moneybookers, mastercard , cashu |
base currencies | USD, EURO, GBP |
tradable options | forex currencies, cryptocurrency, commodities, indices, stocks, bonds, futures |
web trading | yes |
mobile trading | yes |
type of broker | STP/ECN |
min. Spreads | 0.01 pips |
free demo account | yes |
mini accounts | yes |
VIP accounts | yes |
managed accounts | yes |
segregated accounts | yes |
swap free accounts | yes |
promotion | $30 forex no deposit bonus* only for FSA clients |
Tickmill is a forex and cfdвђ™s based broker that was founded in the year 2014. The broker is regulated by most of the international financial authorities including (FCA) financial conduct authority. They are getting more and more clients day by day for their good services.
According to tickmill, currently, they have more than 111,000 registered traders and 263,000 accounts.
The group tickmill is regulated by the FCA with the registration number 717270 also they are regulated by FSA with the license number SD008. The broker providing guarantees of traders funds with the FSCS (financial services compensation scheme). The company having a total of ВЈ85,000 deposit value.
Account types of the tickmill broker
There are three types of account services offering byв the broker tickmill which are pro, classic, and VIP account.
To open a pro and classic account, clients need to deposit a minimum of $100 or an equivalent amount in other currency.
Spreads start from 0.0 pips in pro and 1.6 pips in the classic account. There is no minimum balance required for pro and classic accounts but to open a VIP type account clients have to keep a total of $50,000 amount in the VIP account. The maximum leverage is 1:500 for all types of accounts.
There are other types of accounts designed for muslim traders that called islamic account. A lot of muslim traders wants a swap-free account, tickmill designed an islamic account for them which absolutely swaps free account.
Platforms to trade with tickmill
Most of the traders trust the MT4 platform. Tickmill offers this platform to trade with them. Traders can access the platform from mobile or computer. To trade via mobiles clients have to use MT4 apps by downloading from the app store such as google play store, apple store, etc. There is a web trader available for any users they can use it from any internet browser or download a desktop application.
Payment method and withdrawal options
There are a lot of options available for traders for making payments and withdraw profits. Tickmill offers so many E-wallets including skrill, neteller, webmoney, fasapay, unionpay, stickpay, and others. Also, they are accepting bank transfers, any type of visa, and mastercard.
Customer service & management
The customer service department is very fluent. All of the modern customer services are available including support call center, email support, and live chat support.
Tickmill type account
- Tickmill homepage
- Client support
- Login
- English
- Русский
- Polski
- Español
- 中文
- Deutsch
- Italiano
- 한국어
- Portuguese
- Türkçe
Client area registration 1/2
Estimated time to complete your registration is 3 minutes
please complete the following form using latin letters only
Tickmill is a trading name of tickmill UK ltd (a company registered in england and wales under number 09592225). Principal and registered office: 3rd floor, 27-32 old jewry, london EC2R 8DQ. Authorised and regulated by the UK financial conduct authority. FCA register number: 717270.
High risk warning: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading cfds with tickmill UK ltd. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money. You should be aware of all the risks associated with trading contracts for difference (cfds) and seek advice from an independent adviser if you have any doubts. Please refer to the summary risk disclosure.
The information on this site is not directed at residents of the united states and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Important notice
You are about to leave tickmill europe ltd client area registration page. By clicking “continue” you will be redirected to the registration page of tickmill UK ltd, a company registered in the UK and regulated by the financial conduct authority of the united kingdom.
You are about to leave tickmill europe ltd client area registration page. By clicking “continue” you will be redirected to the registration page of tickmill ltd, a company registered in the seychelles and regulated by the financial services authority of seychelles.
Tickmill review 2021
All reviews and top lists updated for 2021. Check out the annual brokerchooser awards.
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Summary
Recommended for forex traders looking for low fees and prefer metatrader 4 platform
Tickmill is a global forex and CFD broker, established in 2014. The company is regulated by several financial authorities globally, including the top-tier financial conduct authority (FCA) in the united kingdom.
Tickmill is considered safe because it is regulated by the top-tier FCA.
Disclaimer: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.
Tickmill pros and cons
Tickmill has low forex and non-trading fees. The account opening is fast, easy, and fully digital. You can use a lot of options for deposit or withdrawal, and they're free of charge.
On the negative side, tickmill has a limited product portfolio as it offers only forex and cfds. Popular asset classes, such as stocks and etfs are missing. Trading platforms are provided by metatrader, and they have outdated designs. Finally, the news feed is basic and not structured.
Pros | cons |
---|---|
• low forex fees | • only forex and cfds |
• fast and easy account opening | • trading platforms with outdated design |
• free deposit and withdrawal | • basic news feeds |
️ country of regulation | UK, cyprus, seychelles, south africa, malaysia |
trading fees class | low |
inactivity fee charged | no |
withdrawal fee amount | $0 |
minimum deposit | $100 |
time to open an account | 1 day |
deposit with bank card | available |
depositing with electronic wallet | available |
number of base currencies supported | 4 |
demo account provided | yes |
️ products offered | forex, CFD |
Author of this review
Author of this review
Ádám nasli
Everything you find on brokerchooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology
I also have a commission based website and obviously I registered at interactive brokers through you.
Especially the easy to understand fees table was great!
Tickmill review
fees
Tickmill has low forex, but average CFD fees. There is no fee for deposit, withdrawal, or inactivity.
Pros | cons |
---|---|
• low forex fees | • average CFD fees |
• no withdrawal fee | |
• no inactivity fee |
assets | fee level | fee terms |
---|---|---|
EURUSD | low | pro account pricing: €2 commission per trade per lot plus spread cost. 0.1 pips is the average spread cost during peak trading hours. |
GBPUSD | low | pro account pricing: £2 commission per trade per lot plus spread cost. 0.3 pips is the average spread cost during peak trading hours. |
S&P 500 CFD | average | the fees are built into the spread, 0.4 points is the average spread cost during peak trading hours. |
Inactivity fee | low | no inactivity fee |
How we ranked fees
We ranked tickmill's fee levels as low, average or high based on how they compare to those of all reviewed brokers.
To get things rolling, let's go over some lingo related to broker fees. What you need to keep an eye on are trading fees, and non-trading fees.
- Trading fees occur when you trade. These can be commissions, spreads, financing rates and conversion fees.
- Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees.
Below you will find the most relevant fees of tickmill for each asset class. For example, in the case of forex and stock index trading the most important fees are spreads, commissions and financing rates.
We also compared tickmill's fees with those of two similar brokers we selected, axitrader and FXCM. This selection is based on objective factors such as products offered, client profile, fee structure, etc. See a more detailed rundown of tickmill alternatives.
To have a clear overview of tickmill, let's start with the trading fees.
Tickmill trading fees
Tickmill's trading fees are low. There are different cost structures for different account types. We tested the pro account, which charges a commission but offers tight spreads.
We know it's hard to compare trading fees for forex brokers. So how did we approach the problem of making their fees clear and comparable? We compare brokers by calculating all the fees of a typical trade for selected products.
We have chosen popular instruments in each asset class usually provided by the forex brokers:
- Forex: EURUSD, GBPUSD, AUDUSD, EURCHF and EURGBP
- Stock index cfds: SPX and EUSTX50
A typical trade means buying a leveraged product, holding it for one week and then selling. For the volume, we chose a $20,000 position for forex and a $2,000 position for stock index and stock CFD transactions. The leverage we used was:
- 30:1 for forex
- 20:1 for stock index cfds
These catch-all benchmark fees include spreads, commissions and financing costs for all brokers. Let's see the verdict for tickmill fees.
Forex fees
Tickmill has low forex fees. The forex fees are one of the lowest among the brokers we have reviewed.
tickmill | axitrader | FXCM | |
---|---|---|---|
EURUSD benchmark fee | $6.8 | $5.1 | $12.5 |
GBPUSD benchmark fee | $5.0 | $4.3 | $5.6 |
AUDUSD benchmark fee | $5.0 | $3.4 | $8.8 |
EURCHF benchmark fee | $4.7 | $2.9 | $3.3 |
EURGBP benchmark fee | $7.8 | $5.2 | $16.4 |
The low forex fees are mainly due to the low commission tickmill charges. The commission is 2 base currency units (first currency pair) per lot per trade. For example, it's €2 per lot per trade for EURUSD, while £2 per lot per trade for GBPUSD.
CFD fees
CFD fees are average.
tickmill | axitrader | FXCM | |
---|---|---|---|
S&P 500 index CFD fee | $1.5 | $1.3 | $1.5 |
europe 50 index CFD fee | $1.2 | $2.3 | $1.6 |
Non-trading fees
Tickmill has low non-trading fees. There is no fee for deposit, withdrawal, or inactivity.
tickmill | axitrader | FXCM | |
---|---|---|---|
account fee | no | no | no |
inactivity fee | no | no | yes |
deposit fee | $0 | $0 | $0 |
withdrawal fee | $0 | $0 | $0 |
Tickmill review
account opening
Tickmill has a fast and easy account opening process. Our account was verified within one business day. The minimum deposit is low, $100 for all account types, except VIP accounts.
Can you open an account?
Open account
73% of retail CFD accounts lose money
Tickmill accepts clients from all over the world. There are only a few exceptions, e.G. Customers from the US or canada can't open an account.
What is the minimum deposit at tickmill?
The required minimum deposit at tickmill is $100 . For a VIP account, you need to maintain a minimum $50,000 balance.
Account types
Tickmill has several account types that differ in pricing, minimum deposit, and minimum account balance.
pro | classic | VIP | |
---|---|---|---|
minimum deposit | $100 | $100 | - |
minimum account balance | - | - | $50,000 |
pricing | tight spread plus commission | wide spread, but no commission | tight spread plus commission |
commission per $100,000 trade | $2 | no commission | $1 |
Retail clients of tickmill ltd can use leverage up to 1:500 while retail clients of tickmill UK ltd and tickmill europe ltd can use maximum leverage of 1:30. If you qualify for a professional trader, you can trade with higher leverage, up to 1:500 (tickmill UK ltd) or up to 1:300 (tickmill europe ltd).
The criteria for professional clients:
- An average frequency of 10 trades per quarter in the previous four quarters
- Size of your financial instrument portfolio exceeds €500k
- You have at least one year experience in a relevant financial position
You can also open corporate and swap-free islamic accounts. The main difference between islamic aand other accounts is that instead of daily swap rates, an administration fee is charged if you hold some exotic currencies for more than 3 nights.
How to open your account
Account opening is fully digital, fast and straightforward. You can fill out the online application form in a matter of minutes. Our account was verified within one day.
To open an account at tickmill, you have to go through these steps:
- 'choose your regulator' will determine whether you sign up for the tickmill site regulated by the UK, cyprus or the seychelles authority. We recommend going for the UK one or the EU one (cyprus) if available in your country
- Fill in your name, country of residence, email address and telephone number
- Add your personal information, such as your date of birth and address
- Select the base currency
- Provide your financial information and answer questions about your financial knowledge
- Select your account type: pro, classic or VIP
- Verify your identity and residency. You can upload a copy of your national ID, passport or driver's license to verify your identity, while utility bills and bank statements are accepted as proof of residency.
Tickmill review
In a FAST-MOVING market, choose a STABLE BROKER
Table of contents
Introduction
Tickmill is one of the most credible and reliable forex brokers in the market. Founded in 2014 with its headquarters in london – UK, this company has been providing quality brokerage services to users across the world from the past six years. Users of this broker get to access various financial markets like forex, soft/hard commodities, indices, bonds, etc.
Compared to other brokers with the level of tickmill’s market experience, this broker proved to be heavily regulated with some of the top tier financial regulators. Tickmill offers four types of well curated accounts and users get to pick the ones that is most appropriate to them. Demo trading facility is also available for users which could help novice traders to get the hang of the platform they are going to use.
This broker offers their services on the MT4 trading platform which is highly accepted by traders across the world. Using this platform, users get to trade on both desktops (windows/mac), and smartphones (android/ios). Apart from these, there are various other services this broker provides for their users like trading bot services called autochartist, VPS and many more.
The unique selling proposition of this broker is the lowest fees they offer. When compared to other regulated brokers, tickmill charges very less commissions and trading fees. Options to deposit and withdrawal are also many and are typically not charged. On the flip side, users get to access limited number of asset classes when compared to other brokers of this range.
Tickmill is now in position to claim that it possesses way above 100,000 traders which have jointly opened more than 250,000 active accounts.
Tickmill.Com is owned and operated within the tickmill group of companies.
– tickmill group consists of tickmill UK ltd, regulated by the financial conduct authority (registered office: 3rd floor, 27 – 32 old jewry, london EC2R 8DQ, england),
– tickmill europe ltd, regulated by the cyprus securities and exchange commission (registered office: kedron 9, mesa geitonia, 4004 limassol, cyprus),
– tickmill south africa (pty) ltd, FSP 49464, regulated by the financial sector conduct authority (FSCA)
– tickmill ltd, regulated by the financial services authority of seychelles and its 100% owned subsidiary procard global ltd, UK registration number 09369927
– tickmill asia ltd – regulated by the financial services authority of labuan malaysia (license number: MB/18/0028).
Addresses and phones
Addresses:
tickmill UK ltd, registered office: 3rd floor, 27 - 32 old jewry, london EC2R 8DQ, england
tickmill europe ltd, registered office: kedron 9, mesa geitonia, 4004 limassol, cyprus
tickmill south africa (pty) ltd, registered office: the colosseum, 1st floor, century way, office 10, century city, 7441, cape town
tickmill ltd, registered office: 3rd floor, 27 - 32 old jewry, london EC2R 8DQ, england
tickmill asia ltd, registered office: unit B, lot 49, 1st floor, block F, lazenda warehouse 3, jalan ranca-ranca, 87000 F.T. Labuan, malaysia
Phones:
+852 5808 2921
+6087-504 565
+44 203 608 6100
+357 25041710
Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.
Tickmill review 2021
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Summary
Recommended for forex traders looking for low fees and prefer metatrader 4 platform
Tickmill is a global forex and CFD broker, established in 2014. The company is regulated by several financial authorities globally, including the top-tier financial conduct authority (FCA) in the united kingdom.
Tickmill is considered safe because it is regulated by the top-tier FCA.
Disclaimer: cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.
Tickmill pros and cons
Tickmill has low forex and non-trading fees. The account opening is fast, easy, and fully digital. You can use a lot of options for deposit or withdrawal, and they're free of charge.
On the negative side, tickmill has a limited product portfolio as it offers only forex and cfds. Popular asset classes, such as stocks and etfs are missing. Trading platforms are provided by metatrader, and they have outdated designs. Finally, the news feed is basic and not structured.
Pros | cons |
---|---|
• low forex fees | • only forex and cfds |
• fast and easy account opening | • trading platforms with outdated design |
• free deposit and withdrawal | • basic news feeds |
️ country of regulation | UK, cyprus, seychelles, south africa, malaysia |
trading fees class | low |
inactivity fee charged | no |
withdrawal fee amount | $0 |
minimum deposit | $100 |
time to open an account | 1 day |
deposit with bank card | available |
depositing with electronic wallet | available |
number of base currencies supported | 4 |
demo account provided | yes |
️ products offered | forex, CFD |
Author of this review
Author of this review
Ádám nasli
Everything you find on brokerchooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology
I also have a commission based website and obviously I registered at interactive brokers through you.
Especially the easy to understand fees table was great!
Tickmill review
fees
Tickmill has low forex, but average CFD fees. There is no fee for deposit, withdrawal, or inactivity.
Pros | cons |
---|---|
• low forex fees | • average CFD fees |
• no withdrawal fee | |
• no inactivity fee |
assets | fee level | fee terms |
---|---|---|
EURUSD | low | pro account pricing: €2 commission per trade per lot plus spread cost. 0.1 pips is the average spread cost during peak trading hours. |
GBPUSD | low | pro account pricing: £2 commission per trade per lot plus spread cost. 0.3 pips is the average spread cost during peak trading hours. |
S&P 500 CFD | average | the fees are built into the spread, 0.4 points is the average spread cost during peak trading hours. |
Inactivity fee | low | no inactivity fee |
How we ranked fees
We ranked tickmill's fee levels as low, average or high based on how they compare to those of all reviewed brokers.
To get things rolling, let's go over some lingo related to broker fees. What you need to keep an eye on are trading fees, and non-trading fees.
- Trading fees occur when you trade. These can be commissions, spreads, financing rates and conversion fees.
- Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees.
Below you will find the most relevant fees of tickmill for each asset class. For example, in the case of forex and stock index trading the most important fees are spreads, commissions and financing rates.
We also compared tickmill's fees with those of two similar brokers we selected, axitrader and FXCM. This selection is based on objective factors such as products offered, client profile, fee structure, etc. See a more detailed rundown of tickmill alternatives.
To have a clear overview of tickmill, let's start with the trading fees.
Tickmill trading fees
Tickmill's trading fees are low. There are different cost structures for different account types. We tested the pro account, which charges a commission but offers tight spreads.
We know it's hard to compare trading fees for forex brokers. So how did we approach the problem of making their fees clear and comparable? We compare brokers by calculating all the fees of a typical trade for selected products.
We have chosen popular instruments in each asset class usually provided by the forex brokers:
- Forex: EURUSD, GBPUSD, AUDUSD, EURCHF and EURGBP
- Stock index cfds: SPX and EUSTX50
A typical trade means buying a leveraged product, holding it for one week and then selling. For the volume, we chose a $20,000 position for forex and a $2,000 position for stock index and stock CFD transactions. The leverage we used was:
- 30:1 for forex
- 20:1 for stock index cfds
These catch-all benchmark fees include spreads, commissions and financing costs for all brokers. Let's see the verdict for tickmill fees.
Forex fees
Tickmill has low forex fees. The forex fees are one of the lowest among the brokers we have reviewed.
tickmill | axitrader | FXCM | |
---|---|---|---|
EURUSD benchmark fee | $6.8 | $5.1 | $12.5 |
GBPUSD benchmark fee | $5.0 | $4.3 | $5.6 |
AUDUSD benchmark fee | $5.0 | $3.4 | $8.8 |
EURCHF benchmark fee | $4.7 | $2.9 | $3.3 |
EURGBP benchmark fee | $7.8 | $5.2 | $16.4 |
The low forex fees are mainly due to the low commission tickmill charges. The commission is 2 base currency units (first currency pair) per lot per trade. For example, it's €2 per lot per trade for EURUSD, while £2 per lot per trade for GBPUSD.
CFD fees
CFD fees are average.
tickmill | axitrader | FXCM | |
---|---|---|---|
S&P 500 index CFD fee | $1.5 | $1.3 | $1.5 |
europe 50 index CFD fee | $1.2 | $2.3 | $1.6 |
Non-trading fees
Tickmill has low non-trading fees. There is no fee for deposit, withdrawal, or inactivity.
tickmill | axitrader | FXCM | |
---|---|---|---|
account fee | no | no | no |
inactivity fee | no | no | yes |
deposit fee | $0 | $0 | $0 |
withdrawal fee | $0 | $0 | $0 |
Tickmill review
account opening
Tickmill has a fast and easy account opening process. Our account was verified within one business day. The minimum deposit is low, $100 for all account types, except VIP accounts.
Can you open an account?
Open account
73% of retail CFD accounts lose money
Tickmill accepts clients from all over the world. There are only a few exceptions, e.G. Customers from the US or canada can't open an account.
What is the minimum deposit at tickmill?
The required minimum deposit at tickmill is $100 . For a VIP account, you need to maintain a minimum $50,000 balance.
Account types
Tickmill has several account types that differ in pricing, minimum deposit, and minimum account balance.
pro | classic | VIP | |
---|---|---|---|
minimum deposit | $100 | $100 | - |
minimum account balance | - | - | $50,000 |
pricing | tight spread plus commission | wide spread, but no commission | tight spread plus commission |
commission per $100,000 trade | $2 | no commission | $1 |
Retail clients of tickmill ltd can use leverage up to 1:500 while retail clients of tickmill UK ltd and tickmill europe ltd can use maximum leverage of 1:30. If you qualify for a professional trader, you can trade with higher leverage, up to 1:500 (tickmill UK ltd) or up to 1:300 (tickmill europe ltd).
The criteria for professional clients:
- An average frequency of 10 trades per quarter in the previous four quarters
- Size of your financial instrument portfolio exceeds €500k
- You have at least one year experience in a relevant financial position
You can also open corporate and swap-free islamic accounts. The main difference between islamic aand other accounts is that instead of daily swap rates, an administration fee is charged if you hold some exotic currencies for more than 3 nights.
How to open your account
Account opening is fully digital, fast and straightforward. You can fill out the online application form in a matter of minutes. Our account was verified within one day.
To open an account at tickmill, you have to go through these steps:
- 'choose your regulator' will determine whether you sign up for the tickmill site regulated by the UK, cyprus or the seychelles authority. We recommend going for the UK one or the EU one (cyprus) if available in your country
- Fill in your name, country of residence, email address and telephone number
- Add your personal information, such as your date of birth and address
- Select the base currency
- Provide your financial information and answer questions about your financial knowledge
- Select your account type: pro, classic or VIP
- Verify your identity and residency. You can upload a copy of your national ID, passport or driver's license to verify your identity, while utility bills and bank statements are accepted as proof of residency.
So, let's see, what we have: designed for traders who expect advanced features and optimal conditions, our pro account is an ideal stepping stone to the world of CFD trading. At tickmill type account
Contents of the article
- New forex bonuses
- PRO ACCOUNT
- Why choose our PRO account?
- PRO ACCOUNT
- Access some of the most POPULAR...
- START TRADING with tickmill
- It's simple and fast to join!
- REGISTER
- CREATE AN ACCOUNT
- MAKE A DEPOSIT
- TRADING INSTRUMENTS
- TRADING CONDITIONS
- Forex & cfds
- TRADING ACCOUNTS
- PLATFORMS
- EDUCATION
- TOOLS
- PARTNERSHIPS
- PROMOTIONS
- ABOUT US
- SUPPORT
- It's simple and fast to join!
- CLASSIC ACCOUNT
- Why choose our classic account?
- CLASSIC ACCOUNT
- Access some of the most POPULAR...
- START TRADING with tickmill
- It's simple and fast to join!
- REGISTER
- CREATE AN ACCOUNT
- MAKE A DEPOSIT
- TRADING INSTRUMENTS
- TRADING CONDITIONS
- Forex & cfds
- TRADING ACCOUNTS
- PLATFORMS
- EDUCATION
- TOOLS
- PARTNERSHIPS
- PROMOTIONS
- ABOUT US
- SUPPORT
- It's simple and fast to join!
- Tickmill type account
- Client area registration 1/2
- Tickmill type account
- Client area registration 1/2
- Tickmill type account
- Client area registration 1/2
- Review of the tickmill broker вђ“ 2021
- Account types of the tickmill broker
- Platforms to trade with tickmill
- Payment method and withdrawal options
- Tickmill type account
- Client area registration 1/2
- Tickmill review 2021
- Summary
- Tickmill review fees
- Tickmill review account opening
- Can you open an account?
- What is the minimum deposit at tickmill?
- Account types
- How to open your account
- Tickmill review
- Introduction
- Tickmill review 2021
- Summary
- Tickmill review fees
- Tickmill review account opening
- Can you open an account?
- What is the minimum deposit at tickmill?
- Account types
- How to open your account
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