Tickmill is a global forex and CFD broker established in 2014, headquartered in Seychelles. It has grown into a well-known brand offering trading across multiple asset classes including forex, indices, commodities, gold, and oil. The broker is recognized for its competitive trading conditions, with a minimum deposit of $100 and maximum leverage up to 1:1000.
Tickmill provides two of the most popular trading platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5), catering to both retail and professional traders. With a strong regulatory framework spanning several jurisdictions, Tickmill emphasizes safety and transparency. The broker supports scalping, hedging, and algorithmic trading, making it a versatile choice for various trading styles.
Tickmill is a global forex and CFD broker established in 2014, headquartered in Seychelles. It has grown into a well-known brand offering trading across multiple asset classes including forex, indices, commodities, gold, and oil. The broker is recognized for its competitive trading conditions, with a minimum deposit of $100 and maximum leverage up to 1:1000.
Tickmill provides two of the most popular trading platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5), catering to both retail and professional traders. With a strong regulatory framework spanning several jurisdictions, Tickmill emphasizes safety and transparency. The broker supports scalping, hedging, and algorithmic trading, making it a versatile choice for various trading styles.
Tickmill is best suited for traders who prioritize low-cost trading, flexible leverage, and the ability to use automated strategies. The availability of ECN/Raw accounts appeals to active and high-volume traders, while the Islamic/swap-free account option serves those requiring Sharia-compliant trading. The broker's support for scalping, hedging, and EA trading makes it a strong fit for short-term and algorithmic traders.
However, Tickmill may be less suitable for traders who rely on integrated copy trading, prefer TradingView charting, or want to trade stocks/ETFs or real cryptocurrencies, as these are not offered. Additionally, the lack of micro accounts could be a drawback for those looking to trade with very small position sizes.
Tickmill holds multiple regulatory licenses, including from the UK's Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Financial Sector Conduct Authority (FSCA) in South Africa, the Financial Services Authority (FSA) in Seychelles, and the Labuan Financial Services Authority (LFSA) in Malaysia. This multi-jurisdictional regulation provides a layer of oversight and client protection, depending on the entity a trader opens an account with.
For clients under entities regulated by top-tier authorities like the FCA, additional protections such as negative balance protection and participation in compensation schemes may apply. The broker also states that client funds are held in segregated accounts, ensuring that trader capital is kept separate from company funds.
| Primary regulator | |
| All licenses held | FCA,CySEC,FSCA,FSA,LFSA |
| Segregated client funds | Yes |
| Negative balance protection | Yes |
Tickmill offers two main account types: Standard and ECN/Raw. The ECN/Raw account typically features raw spreads with a commission per trade, while the Standard account may have no commission but slightly wider spreads. However, exact spread figures are not specified here. The broker does not charge any withdrawal fees, though third-party or intermediary charges may apply depending on the payment method.
Deposits can be made via credit/debit cards, bank wire transfers, and e-wallets such as Skrill and Neteller. Withdrawal processing times are generally fast: most withdrawals are processed within 1 business day, bank wire transfers take 1-3 days, and credit/debit card withdrawals can take up to 8 working days. This transparent and efficient cost structure is attractive for traders mindful of fees.
| Deposit methods | Credit/Debit Cards, Bank Wire Transfers, and e-wallets like Skrill and Neteller |
| Withdrawal time | Most withdrawals 1 business day; bank wire 1-3 days, Credit/Debit Cards: Up to 8 working days. |
| Withdrawal fees | Zero withdrawal fee (third-party/intermediary charges may apply) |
| Inactivity fee | None charged |
Tickmill is a well-regulated, multi-asset broker that offers a solid trading environment for both new and experienced traders. Its low minimum deposit, high leverage, and support for scalping and algorithmic trading make it particularly appealing to active and short-term traders. However, those seeking copy trading, TradingView integration, or a broader range of instruments like stocks and ETFs may need to look elsewhere. Overall, Tickmill is a reliable choice for forex and CFD traders who value low costs and regulatory safety.