Tickmill Review

Why choose Tickmill

Competitive pricing with low commissions and tight spreads.

Pros

  • Low forex and CFD fees
  • Fast account opening
  • No inactivity fees.

Cons

  • Limited product range
Tickmill

Tickmill

Fee Level:

Low

Inactivity Fee:

None

Index CFD Fee:

Low

Investor Protection:

Up to €20,000 under the Investor Compensation Fund (ICF).

Mobile Platform:

Fast execution with advanced charting tools

Visit Tickmill

Provides a cost-effective trading environment with minimal fees.

Pros

  • No inactivity or withdrawal fees
  • Low forex spreads starting from 0.0 pips with commissions

Cons

  • Limited investor protection for non-EU clients.

Utilizes negative balance protection and segregated client funds to ensure client asset safety.

Pros

  • Strong security measures, including SSL encryption and segregated client funds.

Cons

  • Limited investor protection for clients outside the EU.

Provides bank transfers, cards, Skrill, Neteller, and crypto payments. Deposits are usually instant; withdrawals processed within 24 hours.

Pros

  • Fast processing, no fees on most transactions, wide range of payment methods.

Cons

  • Fast processing, no fees on most transactions, wide range of payment methods.

Tickmill provides a fast and easy online registration, requiring ID, proof of address, and financial details. Approval typically takes 1 business day.

Pros

  • Quick approval and a low $100 minimum deposit.

Cons

  • Quick approval and a low $100 minimum deposit.

Tickmill offers the MetaTrader 4 and 5 mobile applications, providing a user-friendly experience with advanced charting tools. However, the design is considered outdated by some users.

Pros

  • User-friendly, advanced charting tools, available on iOS and Android.

Cons

  • Outdated design, basic news feed.

Tickmill provides MetaTrader 4 and 5 desktop platforms, known for their reliability and advanced features. The platforms support automated trading and offer a range of analytical tools.

Pros

  • Advanced analytical tools, automated trading support, customizable interface.

Cons

  • Outdated design, basic news feed.

Tickmill offers a broad range of instruments, including over 60 currency pairs, indices, commodities, and cryptocurrencies. This diverse selection allows for extensive trading opportunities.

Does Tickmill charge commissions on trades?

Tickmill charges no commissions on Classic Accounts, but Pro and VIP Accounts have commission-based pricing with fees starting at $2 per lot per side.

How long does it take to withdraw funds from Tickmill?

Withdrawals at Tickmill are processed within one business day, though processing times depend on the chosen payment method. E-wallets (Skrill, Neteller) are typically faster, while bank transfers can take 2-5 business days.

Does Tickmill offer direct market access (DMA)?

Yes, Tickmill provides ECN (Electronic Communication Network) execution, ensuring tight spreads, deep liquidity, and fast execution with no dealing desk intervention.