Since opening its doors in 2014, Tickmill has been a global forex and CFD broker. It is regulated internationally by several financial authorities, including the Financial Conduct Authority (FCA), the most high-profile Financial Conduct Authorities (FCAs).
Is Tickmill Safe?
Tickmill is safe because it is regulated and supervised by the FCA. Tickmill has a Trust Score of 81 out of 99, which is considered average risk. Tikmill does not have a bank or a publicly-traded stock. One regulator (high trust) and two regulators (average trust) approve of Tickmill, and none (low confidence). One of the industry’s leading regulators, the Financial Conduct Authority (FCA), oversees Tickmill. See what Trust Score is all about.
Trading with us ensures a better experience so they will be successful.
The entire trading strategy is enabled.
Up to a 1:500 leverage.
The spread starts at 0.0 pips.
Trading in 60+ currency pairs
0.2 seconds is the average execution time.
With 85 tradeable symbols, mostly currency pairs, as well as CFDs on indices, metals, and bonds, Tickmill offers a great variety of trading opportunities. Clients of the tickmill can choose from a variety of investment options.
Trading on Tickmill, MetaTrader
Trading is more excellent handy than ever with our MetaTrader Web Trader platform. It’s the equal MetaTrader platform you’re used to; however, it is now to be had at once for your browser. In simply one click on, your MetaTrader Web Trader Platform will open up in a brand new window supplying you with immediate get right of entry to your MT4 or MT5 buying and selling account – anywhere, anytime!
With all the equal capability because of the local application, Tickmill’s Web Trader offers you a dependable and intuitive interface, more suitable for securely encrypting any transmitted data. Our investors have got the right of entry to one click on the capability to open & near trades, rent robust threat control and get the right of access to incredible charting capabilities.
In mixture with Tickmill’s more suitable buying and selling conditions, you’re capable of using a globally recognized buying and selling platform at once for your browser, observed with the aid of using spreads from zero pips and zero.20 s execution.
Is Tickmill a good forex broker?
The supply and demand for each currency determine the value. Consequently, the exchange rate between them changes continuously. The rate at which a currency is valued against another is known as its exchange rate.
This exchange rate determines how much currency you receive in exchange, e.g., how many pounds you get to exchange your euros.
Currency pairs are the units of the trade when trading forex. You will therefore be dealing with two currencies and speculating on their relative values.
Tickmill Reviews show that it is popular among people.
Commissions and Fees
Tickmill has three accounts. Tickmill is the best option for VIP and active traders who can access competitive pricing with other brokers in the industry.
Pro account: Both VIP and Pro accounts have a per trade commission. They also have lower spreads. These accounts are highly competitive. As a result, the Pro account is preferable to the Classic account for traders. Sixty-two pairs of currencies are available, along with 75 instruments.
Classic accounts: No commission is charged on classic accounts. A trader pays only the bid/ask spread. The average spaces for the Classic account are lower than the two other types of funds, which makes it less attractive.
Getting VIP vs. Pro accounts: A VIP account requires a minimum balance of $50,000 to qualify for low commissions of $1 per standard lot (100,00 units) and $2 per round-turn (RT). Pro account holders, however, have the option of only paying $4 per standard lot for RT commissions. To open a Pro account, a $100 deposit is required.
SpreadsTickmill’s Pro account offering offers 0.13 pips per EUR/USD. This means that the total cost equates to 0.53 pips after adding in the RT equivalent of 0.4 pips. Tickmill records spread data in normal market conditions (when spreads tend to be narrower).
Discounts for active traders: There are three levels of rebates available to active traders at Tickmill. They range from $0.25 per standard for up 1000 standard lots per month to $0.75 per tier-3 for traders who trade over 3001 standard lots each month.