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Rating Index

Pros

Multiple account type options available for diverse trading needs
Easy and completely digital account opening process
Support for automated trading (EA) strategies

Cons

Lacks valid regulatory oversight, raising safety concerns
Low customer service responsiveness with long waiting times
Limited trading instruments, particularly in cryptocurrencies

TICK broker Accounts

Tickmill Account Types

Tickmill offers a variety of account types tailored to different trading styles and preferences. The main account types available are:

  • Classic Account
    • Minimum Deposit: $100
    • Spread: Starts from 1.6 pips
    • Commission: No commission (only pays the spread)
    • Leverage: Up to 1:500
    • Suitable For: Casual traders who prefer a relaxed trading approach.
    • Pro Account
      • Minimum Deposit: $100
      • Spread: Starts from 0.0 pips
      • Commission: $2 per side per lot
      • Leverage: Up to 1:500
      • Suitable For: Experienced traders looking for advanced features and optimal trading conditions.
      • VIP Account
        • Minimum Deposit: $50,000
        • Spread: Starts from 0.0 pips
        • Commission: $1 per side per lot
        • Leverage: Up to 1:500
        • Suitable For: High-volume traders seeking competitive pricing and additional benefits.
        • Islamic Account
          • Available for all account types, complying with Sharia law.
          • Futures Account
            • Minimum Deposit: $1,000
            • Commission: Starts from $1.30 per contract.
            • Suitable For: Traders interested in futures and options.
            • MAM Account
              • Minimum Deposit: $5,000
              • Suitable For: Multi-account managers who need to allocate trades across multiple sub-accounts.

              Tickmill Broker Account Opening Process

              Opening an account with Tickmill is a straightforward process:

              • Visit the Official Website: Go to the Tickmill website and click on the "Create Account" button.
              • Select Account Type: Choose between a live forex and CFD account or a futures account based on your trading needs.
              • Fill Registration Form: Complete the client area registration form, providing personal details such as name, email, phone number, and country of residence.
              • Email Verification: Verify your email by clicking on the link sent to your inbox.
              • Complete Registration: Fill in additional personal information, including your address and tax identification number.
              • Experience Assessment: Provide information about your trading experience and knowledge.
              • Create Password: Set a strong password for your account.
              • Submit Identification Documents: Upload proof of identity and proof of address for verification.
                • Proof of Identity: National ID, driving license, or passport.
                • Proof of Address: Utility bills or bank statements.
                • Verification Process: Wait for Tickmill to process your documents, which typically takes a few hours to one business day.
                • Start Trading: Once verified, you can fund your account and start trading.
                • By following these steps, you can easily open an account with Tickmill and begin your trading journey.

TICK accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
TICK Account