Introduction and Background information
ickmill was established in 2015, after Armada Markets moved its retail clients to Tickmill’s entity in Seychelles, which is regulated by the Financial Services Authority (FSA). Tickmill then acquired an additional regulatory license in the UK under a new entity to expand its reach.
The Tickmill brand is also the trading name of Tickmill UK Ltd (formerly known as Tmill Ltd), which is regulated in the UK by the Financial Conduct Authority (FCA) with passports throughout the EU under MiFID regulations.
Address: 3, F28-F29 Eden Plaza, Eden Island, Mahe, Seychelles
Tickmill permits scalping as well as news trading and the use of EAs.
Minimum Trade Size: 0.01
Maximum Leverage: 500:1
Minimum to Open Live: $25
CFD: (20+) Gold, Silver, Stock Indexes, Bonds, Oil
To complement its research, Tickmill also offers archived webinars and educational videos, alongside news updates on its YouTube page
Forex news headlines stream from Investing.com, including the NewsBreak and StockBeat series, within Tickmill’s MetaTrader4 platform offering.
Aside from news headlines streaming in the trading platform and Autochartist, Tickmill has a team of analysts that produce technical and fundamental analysis posts on the company’s blog throughout the trading week.
CySEC #278/15, FSA-S #SD 008, FCA #717270
Trading platforms: MT4
Web Trading: Yes
Mobile Trading: Yes
Tickmill is a MetaTrader-only broker offering the standard, out-of-the-box experience, for just MT4
Since Tickmill is a MetaTrader-only broker, iOS and Android versions of the MT4 app come standard and are both available for download from the Apple iTunes store and Android Play store, respectively.
Deposit and Withdrawals
Deposit Methods: Bank Wire, VISA, MasterCard, FasaPay, Globe Pay, Local Bank Transfers, Neteller, Ngan Luong, Qiwi, Skrill, SticPay, UnionPay
Withdrawal Methods: Bank Wire, VISA, MasterCard, FasaPay, Globe Pay, Local Bank Transfers, Neteller, Ngan Luong, Qiwi, Skrill, SticPay, UnionPay
The Classic account is a commission-free account, in which traders only pay the bid/ask spread. The other two accounts, Pro and VIP, are both commission-based and have a per-trade commission added to lower prevailing spreads.
While the VIP account requires a minimum balance of $50,000 for traders to access low commissions of $1 per standard lot (100k units) or $2 per Round-Turn (RT), the Pro account has similar pricing with an RT commission of just $4 per round-turn standard lot. The Pro account is available with as little as $100 deposit.
Using typical spread data listed by Tickmill for its Pro account offering of 0.2 pips for the EUR/USD, the all-in cost equates to 0.52 pips when factoring in the RT commission equivalent of 0.32 pips. It is worth noting that Tickmill records typical spread data during normal market conditions
With a low commission rate, the Pro account will be ideal for most traders compared to the Classic account, as spreads are inherently less expensive, and 84 instruments, including 62 currency pairs, can be accessed. Meanwhile, active traders are eligible for further discounts, depending on their trading volumes in the VIP account, giving Tickmill competitive all-around pricing.
+852 5808 2921