TICKMILL REVIEW 2022 - KNOW THEIR COMMONS
Tickmill Broker is one of the most prestigious and globally renowned CFDs and Forex Trading marketplace that was established in 2014- Considered as new.
But, the company is regulated by the top regulatory bodies such as “CySEC, FSS, and FCA.” This marketplace for the traders is heaven for those who are eyeing on “Safest Place” for the investors.
Disclaimer: Before you get started with the CFDs and Forex Trading, it is to tell you that “There’s a risk involved when you go for CFDs because 70% of the investors lose their money when investing in CFDs with Tickmill Broker Company. So, we would recommend you to consider this place before you have complete knowledge of “How CFDs Instrument works or whether you can afford the risk involved with this investment.”
If we go for the positive side of the Tickmill Broker, then it has almost zero trading and non-trading fee. Additionally, you’ll find out the “lowest” Forex commission along with “No Deposit and Withdrawal Fee.”
“The account opening is super easy,
also depositing and withdrawing the money takes no time”
Let’s figure out everything down below.
REGULATIONS OF TICKMILL BROKER
When it comes to regulations, you can trust this platform because the security of the “Tickmill Broker” is handled by the (FSA), which means there’s no risk of scams and frauds.
Additionally, they are regulated by the FCA and CySEC to make sure, “Your investment is in the safe hands.”
If your only concern is “Regulations,” then you won’t find a better place than Tickmill Broker anywhere in the world.
Let’s now talk about the account types of “Tickmill Broker.”
ACCOUNTS OF TICKMILL BROKER
There are three types of accounts that Tickmill is offering to their investors:
- Classic Account
- Pro Account
- VIP Account
Let’s talk about every account individually:
CLASSIC ACCOUNT
Minimum Deposit |
$100 |
Minimum Balance |
- |
Base Currencies |
USD, EUR, and GBP |
Spread |
0.0 Pips |
Leverage |
1:500 |
Commission |
$2 per $100,000 traded |
All Strategies |
Allowed |
Islamic Account Opening |
Yes |
PRO ACCOUNT
Minimum Deposit |
$100 |
Minimum Balance |
- |
Base Currencies |
USD, EUR, and GBP |
Spread |
1.6 Pips |
Leverage |
1:500 |
Commission |
Zero Commission |
All Strategies |
Allowed |
Islamic Account Opening |
Yes |
VIP ACCOUNT
Minimum Deposit |
- |
Minimum Balance |
$50,000 |
Base Currencies |
USD, EUR, and GBP |
Spread |
0.0 Pips |
Leverage |
1:500 |
Commission |
$1 per $100,000 traded |
All Strategies |
Allowed |
Islamic Account Opening |
Yes |
If you want to learn more about the account types of you’ve any questions in your mind? Click here
to read everything.
PROS AND CONS
Pros |
|
Fast |
None |
Fully Digital |
|
The deposit fee is fine |
Let’s now talk about the trading platforms they have to offer.
TRADING PLATFORM OF TICKMILL BROKER
There are two types of trading platforms that Tickmill Broker is offering to you:
- MetaTrader4
- Web Trading
With the help of MetaTrader4, you can now trade on your phone, windows, or IOS device without any obstacle coming your way.
But, if you want to trade directly through your browser, then Tickmill has Web Trading for you. It’s fast, perfect, and full of trading tools.
PROS & CONS
Pros |
|
Free Reports |
The design is poor |
Great Customization of tools |
|
Order Confirmation |
Let’s now move towards the critical information linked with the “Tickmill Broker.”
Here we go again!
THE SPREAD OF TICKMILL BROKER
The spreads and swaps of the Broker have a lot to do with the trading, and that’s why they have different spreads for every account type.
There are four types of services that Tickmill Broker is offering:
- Forex
- Stock Indices
- Metals
- Bond
But, as discussed above, there are three types of accounts that Tickmill Broker is offering to you, and they all have different spreads. Scroll down to check everything:
- Classic Account (Spread Start From 0.0 Pips)
- Pro Account (Spread Start From 1.6 Pips)
- VIP Account (Spread Start From 0.0 Pips)
So, these are the details of the spread provided by the Tickmill, and you can go for any of the accounts you think you love.
Let’s now move towards Execution time.
EXECUTION TIME OF TICKMILL BROKER
There are two types of executions that Tickmill Broker is dealing with:
- NDD Execution (No Dealing Desk)
- Market Execution
There’s no room for the Instant Execution here, and you’ve to go for the above-given executions.
COMMISSION AND FEE OF TICKMILL BROKER
As we have discussed, the Commission and Fee already for all the account types in the account section, but let’s break them down one more time and let you know the difference.
There are three types of accounts that Tickmill Broker have:
- Classic Account ($2 per $100,000 traded)
- Pro Account (No Commission)
- VIP Account ($1 per $100,000 traded)
So, these are the commission and fee for the Tickmill Broker, and you’ve to look for them before you actually invest in this market place.
PROS & CONS
Pros |
Cons |
The Forex fee is low |
None |
They don’t charge you for the withdraw |
|
No Inactivity Fee |
LEVERAGE OF TICKMIIL BROKER ACCOUNTS
There are three types of accounts that Tickmill Broker has to offer:
- Classic Account
- Pro Account
- VIP Account
They all have different leverage/margins, and it’s important that you know about them before you open an account and tell the world that “You’ve started investing in Forex Trading.”
As you start your Forex journey, the most important thing that you need to focus on is “Leverage & Margins,” and to know the Leverage/Margin of all the account types, you need to scroll down a little bit.
- Classic Account (Leverage 1:500)
- Pro Account (Leverage 1:500)
- VIP Account (Leverage 1:500)
Let’s now move towards the Customer Care Service, and that’s important too because sometimes you are stuck with problems you don’t know the answer to.
Here we go again!
CUSTOMER CARE SERVICE
The Customer Care service of Tickmill Broker is great, and they are improving it day by day. You can contact them via:
- Live Chat
- Phone Call
Also, they have a FAQ section on their website in which they have already answered hundreds of questions in order to solve your problems.
Pros |
Cons |
Live Chat |
No 24/7 Services |
Great Support |
|
Available in Local Languages |
As we are done discussing the critical information and a complete overview of the Tickmill Broker, it’s now time to discuss “How to open an account on Tickmill and How to withdraw profited money.”
So, without wasting any time further, we must get started!
HOW TO OPEN AN ACCOUNT ON TICKMILL BROKER
If you want to open an account on Tickmill broker, then you need to follow the instruction that we are breaking down below:
- The first step is to head towards the official website of the Broker and then click on the Account Overview button to continue:
- Now select the account you want to open, and you’ll be redirected to the page asking you to enter the information. Have a look at the screenshot below:
- Enter the correct information, and don’t forget to read the Privacy Policy provided by the Tickmill Broker before you head towards the “Confirmation Button.”
- Once done, you’re all set to open the account, and you’ll be notified within a couple of minutes
Note* The account opening takes no more than 3 minutes, and if they ask you for additional information, you’ve to submit it because it’s necessary.
PROS & CONS
Pros |
|
Account opening within 3 days |
None |
No Complications Involved |
|
Easy Steps |
HOW TO WITHDRAW MONEY FROM TICKMILL BROKER
If you want to withdraw money from Tickmill Broker, then follow the instructions that are written below:
- The first step is to log in to your account
- They will now ask you to choose the “Account” from which you’d like to withdraw the money- only if you’ve more than one account
- Now, it’s time to select the “Payment Gateway” that you want to use for the withdrawal of money. Once selected, then they will ask you to enter more information (Depending upon the payment gateway you’ve selected)
- Click on the Submit button Now, and you’re done
Note* We have collected the information from the official website of the Tickmill, and you can read everything here
PROS & CONS
Pros |
|
Free Withdrawals |
Limited Base Currencies |
No Deposit Fee |
|
3 Types of Base Currencies |
Now, it’s time to compare the Tickmill Broker with Exness.com, and to check out everything; you’ve to further scroll down.
COMPARISON - TICKMILL VS. EXNESS
We will be breaking down everything in a table so that it becomes easy for you to understand everything quickly.
Let’s rock and roll!
Tickmill.com |
Exness.com |
Overall Rating: 8/10 |
Overall Rating: 9/10 |
Spot Forex: Yes |
Spot Forex: Yes |
Forex Currency Pair: 80 |
Forex Currency Pair: 103 |
Commodities Offered: N/A |
Commodities Offered: 0 |
MT4: Yes |
MT4: Yes |
MT5: No |
MT5: Yes |
Web Trading: Yes |
Web Trading: Yes |
This is a brief comparison of Tickmill Broker and Exness.com, and if you want to know about the complete review of Exness.com, then head towards our blog posts right now.
Let’s discuss the Trading Platform Now.
TRADING PLATFORM: IS IT THE BEST?
As you know, “They are offering MT4 and Web Trading” for their Forex Trading, and let’s see what are the highlights of this trading platform (As per their official Website).
- They have an advanced notification system
- The technical analysis system is second to none- and more than 50 tools can be customized in 39 available languages
- With the usage of the VPS services, you can actually head towards EA Trading as well
- You can use the MT4 on any of your devices without any problem
You guys must be wondering about what is the difference between MT4 and MT5, right? Have a look at the comparison table below.
MetaTrader 5 |
MetaTrader 4 |
Pending Order Types: 6 |
Pending Order Types: 4 |
Depth of Market: Yes |
Depth of Market: No |
Technical Indicators: 38 |
Technical Indicators: 30 |
Graphic Objects: 44 |
Graphic Objects: 31 |
Time Frames: 21 |
Time Frames: 9 |
Economic Calendar: Yes |
Economic Calendar: No |
Hedging: Yes |
Hedging: Yes |
Note* We have collected the information from the official website of the Tickmill, and you can read everything here
PROS & CONS
Pros |
Cons |
Free Withdrawals |
Limited Base Currencies |
No Deposit Fee |
|
3 Types of Base Currencies |
Now, it’s time to compare the Tickmill Broker with Exness.com, and to check out everything; you’ve to further scroll down.
COMPARISON - TICKMILL VS. EXNESS
We will be breaking down everything in a table so that it becomes easy for you to understand everything quickly.
Let’s rock and roll!
Tickmill.com |
Exness.com |
Overall Rating: 8/10 |
Overall Rating: 9/10 |
Spot Forex: Yes |
Spot Forex: Yes |
Forex Currency Pair: 80 |
Forex Currency Pair: 103 |
Commodities Offered: N/A |
Commodities Offered: 0 |
MT4: Yes |
MT4: Yes |
MT5: No |
MT5: Yes |
Web Trading: Yes |
Web Trading: Yes |
This is a brief comparison of Tickmill Broker and Exness.com, and if you want to know about the complete review of Exness.com, then head towards our blog posts right now.
Let’s discuss the Trading Platform Now.
TRADING PLATFORM: IS IT THE BEST?
As you know, “They are offering MT4 and Web Trading” for their Forex Trading, and let’s see what are the highlights of this trading platform (As per their official Website).
- They have an advanced notification system
- The technical analysis system is second to none- and more than 50 tools can be customized in 39 available languages
- With the usage of the VPS services, you can actually head towards EA Trading as well
- You can use the MT4 on any of your devices without any problem
You guys must be wondering about what is the difference between MT4 and MT5, right? Have a look at the comparison table below.
MetaTrader 5 |
MetaTrader 4 |
Pending Order Types: 6 |
Pending Order Types: 4 |
Depth of Market: Yes |
Depth of Market: No |
Technical Indicators: 38 |
Technical Indicators: 30 |
Graphic Objects: 44 |
Graphic Objects: 31 |
Time Frames: 21 |
Time Frames: 9 |
Economic Calendar: Yes |
Economic Calendar: No |
Hedging: Yes |
Hedging: Yes |
Now, everything must be easy for you, and it will surely help you choose the right platform.
Note* They don’t offer MT5.
It’s time to discuss the “Advantages and Disadvantages of Tickmill broker” and see what we have got for you.
ADVANTAGES AND DISADVANTAGES OF TICKMILL BROKER
You might have known the advantages of the broker we are discussing, but there are a few disadvantages that you must go through as well.
We will take a start from the “Advantages first” and then lead the pack towards “Disadvantages.”
ADVANTAGES:
- They are regulated by the top 3 regulators known as “FCA, FSA, and CySEC.”
- They have a trading condition like “No Spread and No re-quotes.”
- They don’t charge you any withdrawal and deposit fee
- They offer different promotions, bonuses, and contests
- It is a great platform for beginners, and the initial deposit is as low as $100
- The education is completely free
DISADVANTAGES
- They are relatively new
- They have only two platforms- MT4 and Web Trader
Before we wrap up things, it’s time to talk about the “Bonuses, Promotions and Contests” of the Tickmill broker.
BONUSES, PROMOTIONS, AND CONTESTS
When it comes to bonuses, Tickmill broker is offering you a $30 bonus in your account so that you start your trading right after you open your account.
You don’t have to deposit anything to get the bonus, and you can’t withdraw this bonus without any deposit or profit being made.
You can read more about the bonuses here.
Currently, there’s a promotion going on known as “Rebate Promotion.” You can earn up to hundreds of dollars by the loyalty program and your dedication towards the Tickmill Broker brand.
If you want to participate in the Promotion, you can Click Here and check out everything, including “Rules and Regulations.”
So that’s all from the topic “Tickmill Broker,” and if you have any questions in mind, feel free to comment down below.