FBRForex Broker Rating
ET
Written by Editorial Team
Updated
Tickmill logo

Tickmill Review

Overall Rating
4.5 / 5
Fees
4.6 / 5
Safety
4.6 / 5
Platforms
4.5 / 5
Education
4.4 / 5
Min. deposit
$100

Tickmill — At a Glance

Regulation
FCA (United Kingdom), CySEC (Cyprus), DFSA (UAE), FSCA (South Africa), FSA (Seychelles)
Broker Type
STP, NDD
Minimum Deposit
$100
Payment Methods
Bank Transfer, Credit Card, Debit Card, Cryptocurrency, Skrill, Neteller, Union Pay
Account Currencies
USD, EUR, GBP, ZAR
Assets Offered
Forex, CFDs, Futures, Options
Trading Platforms
Tickmill Trader Web Platform, Tickmill Trader App, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), CGQ, Agena Trader, TT Trading Technologies
Demo Account
Yes
Maximum Leverage
1:1000
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,
Decimal Pricing
5 decimals
Minimum Lot Size
0.01
Maximum Lot Size
100
Swap Free Account
Yes
Managed Account
Yes
PAMM / MAM Trading
Yes
Joint Account
No
Social / Copy Trading
Yes
Hedging
Yes
Scalping
Yes
One Click Trading
Yes
OCO Orders
Yes
Trailing Stop Loss
Yes
API Access
Yes
VPS Hosting
Yes
Bonuses
Yes
Contests
Yes
Headquarters
3, F28-F29 Eden Plaza, Eden Island, Mahe, Seychelles
International Offices
United Kingdom, UAE, Cyprus, South Africa, Seychelles
Languages
English, German, Chinese (Simplified), Chinese (Traditional), Indonesian, Russian, Spanish, Arabic, Polish, Italian, Korean, Thai, Malay, Vietnamese, Portuguese
Customer Support
Live Chat, Email, Phone

Pros & Cons

Pros

  • +Strong global regulatory framework
  • +Fast and easy account opening
  • +Demo account for practise trading
  • +Low minimum deposit
  • +Multiple fast and secure payment methods
  • +Free desposit and withdrawal
  • +Negative balance protection
  • +Low forex fees
  • +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 setvice

Cons

  • Limited product selection
  • Limited account currency options
  • Research tools are fairly basic
  • Educational content is limited
  • Customer support can vary by region

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.