Overall Rating:★ ★ ★ ★ ★ (4.8 / 5)
Introduction★ ★ ★ ★ ★ (5/5)
Licensing and Regulation★ ★ ★ ★ ★ (5/5)
Mobile Trading★ ★ ★ ★ ★ (5/5)
Brand & Functionality★ ★ ★ ★ (4/5)
Registration Process★ ★ ★ ★ ★ (5/5)
Depositing Process★ ★ ★ ★ ★ (5/5)
Product Offering★ ★ ★ ★ ★ (5/5)
Trade Execution★ ★ ★ ★ ★ (5/5)
Banking★ ★ ★ ★ (4/5)
Customer Support★ ★ ★ ★ ★ (5/5)
Trading Tools★ ★ ★ ★ ★ (5/5)

Broker Information

User Rating
5 (100%) 1 vote[s]
Account Types
Account Currency
Customer Support
Min Funding


    ★ ★ ★ ★ ★

    Tickmill is considered a well-established online CFD and Forex market-making company that was initially launched in 2014. The company is headquartered in the Seychelles and the United Kingdom and provides a wide variety of different accounts for each jurisdiction. However, availability might be restricted based upon the tax status and residence of traders.

    Tickmill provides a an extraordinary range of instruments for traders to trade on that are all wrapped as CFD’s, including a variety of German Government Bonds. Apart from bonds, the company also provides trading in more than 60 different forex currency crosses and pairs, 15 global equity indices, Bitcoin paired with the dollar in the United States, and commodities of crude oil, silver, and gold. All instruments are equally available in both the Seychelles and the United Kingdom. However, minimum margin requirements will be different.

    The maximum leverage in the United Kingdom when it comes to forex is limited to 30:1 by ESMA regulations. In the Seychelles, clients will be pleased to know that the maximum leverage is considerably higher at 500:1. Tickmill also comes equipped with a fantastic selection of payment methods for both deposits and withdrawals, offers a user-friendly interface on both mobile and desktop, and provides superior customer support through multiple contact channels.

    Licensing and Regulation

    ★ ★ ★ ★ ★

    Tickmill was established after Armada Markets decided to relocate their retail clients to the company’s entity in Seychelles. The company is regulated and licensed by the Financial Services Authority in the Seychelles. Tickmill also managed to acquire an additional regulatory license within the United Kingdom to further expand its reach. The Tickmill company trades under the name Tmill UK Limited and is regulated and licensed by the Financial Conduct Authority in the United Kingdom with passports throughout the EU under regulations of the MiFID. In 2017, the company managed to acquire Vipro Markets which is a broker that is regulated and licensed by the Cyprus Securities and Exchange Commission, allowing Tickmill to further broaden their scope within the financial trading industry.

    Mobile Trading

    ★ ★ ★ ★ ★

    Tickmill is considered a MetaTrader-only financial trading firm and therefore traders will be able to download the dedicated MT4 app on both Android and iOS devices. Traders simply need to visit the Google Play Store on Android devices or the App Store from Apple on iOS devices. The MT4 mobile apps will function perfectly on all smartphone and tablet devices, regardless of the screen size. The Mt4 mobile app is considered the most reliable and trusted forex trading platform in the world, providing a user-friendly interface that is fully customizable along with tons of additional features to make it more convenient and efficient for traders on the move.

    Brand & Functionality

    ★ ★ ★ ★

    The Tickmill brand is considered an intuitive forex brokerage firm that makes it extremely easy for traders in the UK, as well as the Seychelles, to select from over 60 different currency pairs available on the site. Traders can look forward to exotic, minor, and major currency pairs where the standard lot size is usually 100,000 currency units along with zero limit and stop levels when it comes to forex trading. Traders will also appreciate the functionality of the user-interface as its easy to navigate and extremely smooth to ensure an uninterrupted trading experience.

    Registration Process

    ★ ★ ★ ★ ★

    Registering a new account on the Tickmill website, or through the dedicated mobile apps, is extremely easy and quick. Clients simply need to choose between two regulators, including FSA of Seychelles and FCA of United Kingdom before entering their personal details on the two-step registration process.

    The second step of the registration process will require your personal details, such as nationality, region, city, and street address, along with your education details, financial background, and trading experience and knowledge. You will also need to create your own personal password and declare that you fully understand the terms and conditions of the site. Once your account has been registered, you will receive an email confirmation, before you can go ahead and make a deposit on your account.

    Depositing Process

    ★ ★ ★ ★ ★

    Once your account is registered, and your email address is verified, you will first need to provide certain documents before you’ll be able to make a successful deposit. Tickmill requires a copy of your identification documents and a copy of your utility bill as proof of address registered on the site. Once these documents are provided, you’ll be able to select from several deposit methods to fund your account.

    The deposit methods available on the site include Bank Transfer, Visa, Mastercard, Skrill, Neteller, Fasapay, UnionPay, Nganluong.vn, Qiwi Wallet, and Globe pay. Each of these payment methods will require a minimum deposit of $100. There’s also no additional charges or fees on making a deposit and funds will reflect instantly on your Tickmill trading account once your deposit is successful.

    Product Offering

    ★ ★ ★ ★ ★

    The Tickmill site comes equipped with two basic types of accounts, both using the popular MetaTrader 4 platform, while providing market execution at speeds of 0.3 seconds. There’s also an advantage of variable spreads, 1:500, and micro tradable lots. The two basic accounts include a Classic account, which is commission-free, and a Pro ECN account that comes equipped with tight spreads and low commission. The Pro ECN account will charge $2 for every 100,000 or 1 standard lot with a spread of 0.2 pips on USD/EUR.

    Tickmill also offers a VIP account, catering to clients with a balance of $50,000 0r more. It also features lower commission fees along with custom approaches too. The additional charges can reach $1.6 for every lot along with tight spreads that are much lower that the ECN account. Traders can also look forward to a Personal Multi-Account Manager, or a MAM account that allow managers to trade on behalf of the client. Apart from multiple accounts and execute blocking trades, the minimum deposit is $5,000 on MAM accounts.

    Trade Execution

    ★ ★ ★ ★ ★

    Tickmill boasts with ultra-fast execution speeds of 0.1 seconds. The company also offers some of the lowest spreads in the industry on CFD’s and forex trading and utilizes technology that allow the company to provide reliable and fast order execution with no additional interventions, delays, or requotes. For those that are unsure of Tickmill at first, are more than welcome to try a demo account to see how the site functions and how trade execution is processed.


    ★ ★ ★ ★

    With such a wide selection of payment methods within the banking section of Tickmill, it should come as no surprise that the company incorporates the highest level of security when it comes to your financial information. Each payment method is reliable, secure, and trusted within the financial trading industry and your personal information is safeguarded by the most advanced encryption technology the industry as to offer. Traders can usually receive their money from the same payment method they used to make a deposit, providing an extra layer of convenience to traders around the world.

    Customer Support

    ★ ★ ★ ★ ★

    Tickmill is one of the best financial trading companies in the world when it comes to customer support. Should you ever have a query or request that needs to be resolved, you can contact a Tickmill representative through multiple contact channels. This includes sending an email with a turn-around time of 24 hours, giving them a call between 07:00 am and 20:00 pm from Monday to Friday, or using their live chat facility directly on the site. The live chat representatives are professional, friendly, and always willing to help.

    Apart from the contact channels available on the site, traders will also appreciate the fact that the company has an incredible FAQ section that covers trading conditions, deposits and withdrawals, broker information, and account information. The FAQ section will basically provide everything you need from your own personal account to the history of the company.

    Trading Tools

    ★ ★ ★ ★ ★

    Like most forex brokers, Tickmill utilizes the MetaTrader 4 trading platform which is available on Mac and Windows PC’s, as well as Android and iOS devices along with a web version. Most traders prefer the MetaTrader 4 trading platform due to the user-friendly interface, the advanced charting package, the wide range of technical indicators, the phenomenal support for EA’s, and the highly regarded back-test environment. Traders will be able to receive a VPS service on them, allowing clients to install EA apps which means there’s no need to visit it’s desktop counterpart. The company also offers MyFXBook services, providing traders with tons of educated choices when it comes to trading, both available through the copy-trading platform and the AutoTrade platform.

    The copy-trading platform essentially gives traders the ability to copy positions from several investors on social trading networks, while the AutoTrade platform basically converts recommendations from experienced traders and executes the trade automatically in your account. This is quite handy when you don’t consider yourself to be an active trader but would still like to trade regardless.