Tickmill forex broker provides various trading information, with an average trading speed of 357.6ms, a trading cost of AA, an average slippage of 2.2, a liquidation rate of 0.70%, a spread cost of 17.64, etc
Rating Index
Software Index
Risk Control
Tickmill Broker Trade
Tickmill Benchmark
WikiFX Data provideTotal Margin Trend
| VPS Region | User | Products | Closing time |
|---|---|---|---|
 Bangkok | 955*** | XAUUSD | 02-13 08:06:28 |
 Taipei | 629*** | USDJPY | 02-13 08:05:26 |
 Tokyo | 253*** | USDJPY | 02-13 08:05:26 |
Stop Out
0.70%
Stop Out Symbol Distribution
6 months
Tickmill Trade: A Comprehensive Review of a Leading Forex Broker
In the dynamic world of forex trading, choosing the right broker is crucial for success. Tickmill, established in 2014, has positioned itself as a prominent player in the forex market, offering competitive trading conditions and a robust trading platform. This article will explore Tickmill's offerings, focusing on three core questions:
- What are the trading conditions and account types available at Tickmill？
- Which trading platforms and products does Tickmill support？
- What are the strengths and weaknesses of Tickmill in terms of security and customer satisfaction？
- MT4 and MT5: Renowned for their user-friendly interface and extensive tools for technical analysis, including over 85 indicators and automated trading capabilities via Expert Advisors (EAs).
- Tickmill Trader: A mobile-friendly platform that supports seamless trading on the go, featuring advanced charting tools and real-time market data.
- Competitive Spreads: Tickmill offers some of the lowest spreads in the industry, particularly on its raw accounts, which is beneficial for active traders.
- Regulatory Oversight: Tickmill is regulated by reputable authorities like the FCA and CySEC, ensuring a level of security and trustworthiness.
- Flexible Trading Conditions: The broker allows all trading strategies, including scalping and algorithmic trading, catering to a wide range of trading styles.
- Limited Range of Assets: While Tickmill offers a diverse range of instruments, it lacks CFDs on individual stocks, which may deter some traders.
- Customer Support Availability: The customer support team operates only five days a week, which may be inconvenient for traders in different time zones.
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Is Tickmill regulated？
Yes, Tickmill is regulated by multiple authorities, including the FCA and CySEC, ensuring a secure trading environment.
What is the minimum deposit to open an account with Tickmill？
The minimum deposit required to open an account with Tickmill is $100.
What trading platforms does Tickmill offer？
Tickmill offers MetaTrader 4, MetaTrader 5, and its proprietary Tickmill Trader platform for trading.
Broker Overview and Trading Conditions
| Foundation Year | Regulatory Authority | Headquarters | Minimum Deposit | Leverage | Average Spread |
|---|---|---|---|---|---|
| 2014 | FCA, CySEC, FSA | Seychelles | $100 | Up to 1:1000 | From 0.0 pips |
Tickmill's trading conditions are highly competitive, especially for active traders. The minimum deposit requirement of just $100 is accessible for most traders, and the leverage of up to 1:1000 allows traders to maximize their trading potential. The average spread starting from 0.0 pips on raw accounts positions Tickmill favorably against industry standards, making it an attractive option for both novice and experienced traders.
Trading Platforms and Product Analysis
Tickmill offers its clients access to popular trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and its proprietary Tickmill Trader. These platforms are equipped with advanced features that cater to various trading strategies.
Trading Platform Features:
| Currency Pair Category | Number Offered | Minimum Spread | Trading Hours | Commission Structure |
|---|---|---|---|---|
| Major Pairs | 63 | From 0.0 pips | 24/5 | $3 per lot (Raw Account) |
| Minor Pairs | 20 | From 0.2 pips | 24/5 | $3 per lot (Raw Account) |
| Exotic Pairs | 10 | From 1.5 pips | 24/5 | $3 per lot (Raw Account) |
Tickmill boasts an impressive execution speed, with average trade execution times of just 0.2 seconds. This efficiency is crucial for traders employing scalping or high-frequency trading strategies. Additionally, Tickmill's no-requote policy ensures that traders can execute their orders without unexpected delays, even during volatile market conditions.
Advantages and Disadvantages with Security Assessment
Advantages:
Disadvantages:
Tickmill places a strong emphasis on the safety of client funds. All client funds are held in segregated accounts, providing an additional layer of security. Furthermore, Tickmill offers negative balance protection, ensuring that clients cannot lose more than their deposited amount. According to industry ratings, Tickmill has received positive feedback for its transparency and reliability, with an overall trust score of 86 out of 100.
Practical Strategy and Summary Recommendations
For traders looking to leverage Tickmill's competitive conditions, a simple yet effective strategy is to utilize a combination of technical analysis and news trading. This involves identifying key support and resistance levels on the charts while also staying informed about major economic events that could impact the forex market. By aligning trades with both technical indicators and fundamental news releases, traders can enhance their chances of success.
In conclusion, Tickmill stands out as a reliable broker with competitive trading conditions, especially suited for active traders and those interested in algorithmic trading. With a minimum deposit of just $100, it is accessible for novice traders, while its advanced features cater to experienced investors. Overall, Tickmill is recommended for traders seeking a trustworthy and efficient trading environment.
FAQs
Risk Warning
Trading financial products on margin carries a high level of risk and may not be suitable for all investors. Losses can exceed your initial investment. Please ensure you fully understand the risks involved and seek independent advice if necessary.