Tickmill Forex Review 2026
74% of retail FX and CFD accounts lose money.
Tickmill - At a Glance
- Established
- 2014
- Headquarters
- 3, F28-F29 Eden Plaza, Eden Island, Mahe, Seychelles
- International Offices
- United Kingdom, UAE, Cyprus, South Africa, Seychelles
- Publicly Traded
- No
- Broker Type
- STP, NDD
- Regulation
- FCA (United Kingdom), CySEC (Cyprus), DFSA (United Arab Emirates), FSCA (South Africa), FSA Seychelles (Seychelles)
- Segregated Client Funds
- Yes
- Negative Balance Protection
- Varies
Covered on all accounts, with Tickmill absorbing the loss. Refused if it came from fraud or market abuse. If they think you are trading recklessly they will email you and may cut your leverage.
- Banking License
- No
- Languages
- English, German, Chinese (Simplified), Chinese (Traditional), Indonesian, Russian, Spanish, Arabic, Polish, Italian, Korean, Thai, Malay, Vietnamese, Portuguese
- Customer Support
- Live Chat, Email, Phone
- Customer Support Hours
- 24/5, no weekend cover
- Demo Account
- Yes
- Swap Free Account
- Yes
- Joint Account
- No
- Corporate Account
- Yes
- Managed Account
- Yes
- PAMM / MAM Trading
- Yes
- Social / Copy Trading
- Yes
- Minimum Deposit
- $100
- Payment Methods
- Bank Transfer, Credit Card, Debit Card, Cryptocurrency, Skrill, Neteller, Union Pay
- Account Currencies
- USD, EUR, GBP, ZAR
- Maximum Leverage
- 1:30 (FCA, CySEC and DFSA retail), up to 1:1000 (FSA Seychelles entity)
- Bonuses
- Varies
Deposit and trading bonuses are prohibited for retail clients under CySEC and FCA rules, so they are not available on those entities. Offered through the Seychelles entity where local rules permit.
- Contests
- Varies
Trading competitions are restricted for retail clients under CySEC and FCA rules. Available through the Seychelles entity where local rules permit.
- Markets & Products
- Forex, CFDs, Futures, Options
- Currency Pairs
- 62 FX pairs including exotics
- Minimum Lot Size
- 0.01
- Maximum Lot Size
- 100
- Decimal Pricing
- 5 decimals
- Order Types
- Market execution with pending orders: buy limit, sell limit, buy stop and sell stop, plus buy stop limit and sell stop limit on MetaTrader 5. Stop loss, take profit and trailing stop on all platforms. No minimum distance restriction on stop loss or take profit orders, which allows tighter risk management than most brokers.
- Execution Type
- STP and no dealing desk, hybrid market execution
- Margin Call Level
- 100% margin level
- Stop Out Level
- 50% (retail clients), 30% (professional clients)
- Hedging
- Yes
- Scalping
- Yes
- Spread Type
- Variable
- Spread From
- Classic Account: 1.6 pips, Raw Account: 0.0 pips, TradingView Raw: 0.0 pips
- Commission
- Classic Account: No commission, Raw Account: $3.0 per lot per side, TradingView Raw Account: $3.5 per lot per side,
- Overnight / Swap Fees
- Yes
- Deposit Fee
- No
- Withdrawal Fee
- Varies
Free in normal use, but Tickmill can charge up to 5.2% if you withdraw without having traded much since your last deposit. Bank charges may apply on top.
- Currency Conversion Fee
- Yes
- Account Maintenance Fee
- No
- Inactivity Fee
- Yes
10 units of your account currency each quarter, once you have gone a year without any activity and hold 50 or less. If your balance is smaller than the fee, Tickmill writes off the rest.
- Custody Fee
- No
- Trading Platforms
- Tickmill Trader Web Platform, Tickmill Trader App, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), CQG, Agena Trader, TT Trading Technologies
- Mobile App
- Yes
- API Access
- Yes
- VPS Hosting
- Yes
- Automated Trading
- Yes
How Tickmill's costs compare
The marker is the median of every active broker we rate, computed from the same structured data as the reviews. Headline from-spreads are the broker's advertised best case; your account type and instrument change them.
Pros & Cons
Pros
- Strong global regulatory framework
- Fast and easy account opening
- Demo account for practice trading
- Low minimum deposit
- Multiple fast and secure payment methods
- Free deposit and withdrawal
- Negative balance protection
- Low forex fees
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- Ultra-low spreads from 0.0 pips on Raw accounts
- Low CFD fees
- User-friendly web, mobile, and desktop platforms
- Supports TradingView, MT4, and MT5
- VPS available for active traders
- No restrictions on trading strategies
- Integrated social and copy trading features
- Good customer support service
Cons
- Limited product selection
- Limited account currency options
- Research tools are fairly basic
- Educational content is limited
- Customer support can vary by region
