Tickmill.com Review Is Tickmill A Legit Or Scam Broker

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Tickmill.com Review
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What is Tickmill.com?

Tickmill.com Review
Tickmill is one of the most common names on the lips of forex traders. One of the reasons why this is so is that they have been in the industry for several years now, having been established in the last decade. They are strictly regulated by the Seychelles Financial Services Authority (FSA).

Our major focus in this review is know about Tickmill trading platforms, withdrawal and deposit methods, support, benefits and more.

Account Types

There are three main accounts on Tickmill. Each of them has its own special features to satisfy the specific needs of clients.

The minimum deposit is $100 for both PRO and Classic accounts. VIP accounts must have a minimum balance of$ 50,000 to remain functional.

Trading Platforms
Tickmill uses both MT4 and Web Trader. You can use both a PC and mobile device for trading.

Tickmill markets include Forex, Stocks Indices and Oil, Precious metals and Bonds.

Withdrawal and Deposit Methods
Tickmill has a plethora of deposit and withdrawal options. They include: bank transfer, VISA, Skrill, Neteller, Sticpay, Fasapay, Union Pay, Qiwi.

There are three main promotions presented regularly by Tickmill. They include The $30 Welcome Bonus, Monthly Demo Trade Contest and Tickmill’s NFP machine. In the NFP contest, participants are encouraged to predict the direction and price on MT4 trading platform. Winners are given $500 for getting the exact figure while $200 is given if it is very close and no one gets the exact figure.

Tickmill wants partners who will tell people about them while they also get paid. As an introducing partner, you get paid $10 per lot on a classic account and $2 per lot or Pro and VIP accounts. Actually, every trade your referral makes drives money into your account.

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Contact Details
Sales Line: +852 5808 7849
Client Support: +852 5808 2921
Office: +248 434 7072
Registered Address: 3, F28-F29 Eden Plaza, Eden Island, Mahe, Seychelles

Social Accounts
Facebook: https://www.facebook.com/Tickmill
Twitter: https://twitter.com/tickmill
Linkedin: https://www.linkedin.com/company/tickmill
Youtube: https://www.youtube.com/channel/UCygXlFW43dWBKnNty1s-W_g
Instagram: https://www.instagram.com/tickmill_official

Although tickmill.com appears to be a good broker, one must still be mindful of investing in it because trading Forex and CFDs are generally risky. You should therefore be more guided before taking a decision to trade.

Disclaimer: This article should not be viewed as an endorsement of any of the services mentioned. Please do your own research before considering investing any funds. You should never make an investment into any online program if you do not know what you are doing.

Tickmill Review

Tickmill general information


Founded in: 2020 year
Offices in the country: United Kingdom
Minimum Deposit: 25 $
Website: www.tickmill.com
Website languages:
Execution model: NDD
Deposit currency: USD, EUR, GBP, PLN
Regulated by:
Mobile trading: iOS, Android
Types of offered accounts:
Affiliate program: Yes
  • Provision of a VPS server
  • Web-based platform

Tickmill Forex broker description

Tickmill is a global group of companies that trade in forex instruments of trade from indices, commodities, and shares among many more. Tickmill was founded in Seychelles in 2020 and despite being young in the industry it has moved in giant strides to become a force to reckon with.

Trading Accounts

For a client who is willing to execute trades using the Tickmill platform, they are required to sign up for an account that they ill deposit funds to and execute trades on the various instruments available. Among the accounts that a client can opt for include:

  1. The classic account.
  2. The pro account.
  3. The VIP account.
  4. Islamic account.
  5. The demo account.

The Tickmill Classic Account

This is one superb account that will give you an opportunity to access instruments globally all commission free. The features of this account include:

  1. Minimum of deposit of 100 units of your respective base currency.
  2. Accepts the dollar, the pound and euro as base currencies.
  3. Spreads from 1.6 pips.
  4. Maximum leverage of 1:500.
  5. No commissions are charged at all.

The Tickmill Pro Account

Another lucrative account that gives you access to a range of trading instruments and also tighter spreads. This is an account type for high-rollers or those that want to stake more in trading.

The features of the pro account include:

  1. Minimum deposit of 100 units of your respective base currency.
  2. Spreads from 0.0 pips.
  3. Commissions of 2 per side for every 100000 traded.
  4. Maximum leverage of 1:500.

The Tickmill VIP Account

The VIP account is an account designed for the most loyal client who are experienced and trade using high amounts. For this account, you will fill up an online form and you will be alerted if your application has been approved. The features of this account type are:

  1. Have a minimum balance of 50000 units of your respective base currency unit.
  2. Accepts the dollar, the euro, and pound as base currencies.
  3. Maximum leverage of 1:500.
  4. Spreads starting from 0.0 pips.
  5. Minimum lots of 0.01.
  6. A commission charged at $1 per side for 100000 traded.
  7. Market execution type.

The Demo Account

The demo account is an account type for beginners to learn about the basics or trading and also for traders who seek to polish their skills in trading. This account will let you trade as a demonstration using virtual cash in a simulated trading condition resembling the real trading conditions. The difference is that you will not be required to deposit any funds so no gain neither any losses incurred while trading.

The Islamic Account

The Islamic account is an account type designed for clients of the Islamic faith that operates in accordance to the sharia law.in this I does not have features that support interest gains which is against the Islamic law. It also is swap-free.

The Company. Security Of Funds.

Tickmill is a trading name for Tickmill UK that was formed with the need of providing exceptional trading conditions to all clients worldwide. Sticking true to its mission, Tickmill has been able to provide the best trading conditions that have seen it expand to a lot of countries worldwide with clients appreciating the service it offers.

Established by traders with experience in trading worldwide and also in the prestigious markets of North America and Europe, it has been able to borrow a leaf from these traders’ combined ideas to provide a service that leaves all clients satisfied. This satisfaction is also achieved by having the best workforce that caters for the needs of all their client and shows them a way through when needed.

Tickmill is top firm when it comes to legitimacy with valid and updated licenses from the respective regulatory bodies in all countries and territories it carries out its operations from. This licenses set out rules that enable Tickmill to operate harmoniously with all its clients. Among the licenses Tickmill has in its possession include:

  1. A valid license from the United Kingdom’s financial conduct authority (FCA).
  2. A valid license from Seychelles’ financial services authority (FSA).
  3. A clean bill of operation from the Cyprus Securities and Exchange Commission (CySEC) from Cyprus.

In keeping up with the set rules and standards from these regulatory bodies, Tickmill has put a major insistence on the security and safety of clients’ funds entrusted to them. Among the measures employed to maintain the safety of these funds include:

  1. Use of segregated accounts to keep clients’ funds separated from the company’s funds.
  2. Negative balance protection.
  3. Using the services of credible banks in the storage of client’ funds.

Trading Conditions

Minimum Initial Deposit

The minimum initial deposit is $100 that will serve as your base trading capital in the execution of trades.


The maximum leverage is at 1:500 while the minimum is at 1:30.


Spreads starting from 0.0 pips.

Trading platforms

Tickmill has the best selection in trading platforms that gives clients an access to among the most lucrative features that enhance their trading experience. The platforms that Tickmill uses are the Meta Trader 4 platform and the webtrader platform.

The Meta Trader 4 Platform

This is one of the best trading platforms from Metaquotes that comes with a host of features under its wings promising a very comfortable trading experience. Among its features include:

  1. Easily customizable platform.
  2. User-friendly interface.
  3. Available for both pcs and mobile phone devices.
  4. Has a host of advanced features in charting, drawing and analytical tools.
  5. Offers expert advisors trading facilities.

The Tickmill Webtrader Platform

The webtrader platform is also supported by the Meta Trader 4 platform and is accessible as a webpage. It is easily accessible and compatible with a host of devices and browsers. The features of the Tickmill webtrader platform are:

  1. Easily accessible.
  2. Compatible with a host of browsers.
  3. Customizable price charts.
  4. Provides real-time quotes.


The following are the promotions currently being offered by Tickmill.

  1. The $30 welcome account bonus without having to make a deposit.
  2. Trader of the month cash price of $1000 for the best client in risk and money management.

Deposits And Withdrawals

Deposits and withdrawals are very easy to handle and are totally hassle-free. Tickmill utilizes the services of the most credible payment channels in the processing of your funds and includes Dotpay, Neteller, Visa and MasterCard, and Bankwire among others. No commissions are charged at all in either transactions and processing time ranges from a matter of seconds to being instant.


Despite being a newcomer to the sector, Tickmill can surely hold its place in the table of the best forex traders. This is a commendable trader for both new and experienced clients. A peek into Tickmill customer comments and reviews will encourage you to deal with this credible brokers.

Tickmill Review

Regulated by: FCA, CySEC, Seyschelles FSA

Headquarters: United Kingdom

Ranking: 6

Spread: 0.1 pips (EURUSD)

Leverage: 500:1

Minimum Deposit: $100

Tickmill Review & Author’s Comment

Is Tickmill Reliable?

One of the best CFD and Forex brokerage firm, Tickmill was launched back in 2020 to provide traders with a great trading experience. With its headquarters located in both UK and Seychelles, the company offers its clients a wide range of account choices with respect to the status of tax and location.

The UK headquarters is located in London and the accounts registered to this office are controlled by the Financial Conduct Authority or FCA. The best thing about the UK accounts is that they come with protection up to an amount of £50,000 deposit. Seychelles Financial Services Authority or FSA regulates the Seychelles accounts of Tickmill.

The best thing about Tickmill is that it offers you to trade in a large variety of instruments listed under CFDs including four different German Government bonds. Apart from the government bonds, you will also be able to trade on more than 62 currency pairs, commodities like gold, silver, crude oil, 15 different equity indices and also Bitcoin when with US dollar. As a matter of fact, all the trading instruments are equally available for both UK as well as Seychelles accounts. The only difference lies in the requirement of minimum deposit. Furthermore, the maximum leverage that is available for UK accounts is 30 to 1 as per regulations of ESMA. On the contrary, the maximum allowable leverage in Seychelles is up to 500.

Tickmill Account Types

One of the most helpful things that the brokerage firm does is to offer new clients with a demo account which is free of any risk. Apart from the complete access to the MT4 platform, the demo account also provides you with all the assets that can be traded. Apart from that, the demo account also shows the real-life volatility as well as prices to help you to get acquainted with the market.

With Tickmill, you will also be able to choose from at least 5 different real money account types.

Out of all the accounts that Tickmill offers, the Classic account is undoubtedly the most accessible. The classic account is obviously an entry level account which allows you to enter the trade without having to spend much money on deposit or commissions. The minimum amount that you need to deposit is 100 of whatever the base currency you choose. The maximum leverage that you can obtain from this account type is 1:500 with the spread starting from 1.6 pips. Furthermore, the trade execution on this account type is of NDD variety.

The Pro account type, on the other hand, provides you with a much-improved spread. While you need to pay a commission of 2 per side on every lot, the spread starts from 0 pips with a maximum leverage of 1:500.

If you can manage to maintain a minimum balance of 50,000 base currency then you are qualified enough to open a VIP account. While the commission for this account is just 1 for every side and every lot, the spread starts from 0 pips and the maximum leverage is 1:500 too.
Tickmill also allows traders to become professional clients if they can log high trading volumes. However, there are a few conditions that you must fulfil to become a professional client.

First of all, you need to have a very impressive portfolio which needs to exceed the amount of EUR 500,000. Secondly, you need to have a trading volume of 10 trades in every quarter over the past four quarters. Lastly, you need to have a working experience of at least a year in the financial sector to become a professional client of Tickmill.

Tickmill also allows you to open an Islamic account which is fully compliant to the Sharia Law. To have an Islamic account, you will have to open any of the aforementioned accounts and request the brokerage to convert it into an Islamic account. The trading conditions for the Islamic accounts are same as the previously mentioned account types.

Tickmill Customer Support

Tickmill is especially popular for its extraordinary customer support. It offers you with robust customer support in 14 different languages through phone calls, Live chat, social media, email and call back request.

The support team takes only 5 minutes to respond to Live Chat. On the other hand, it usually takes an hour to get responded on the social media posts. Furthermore, the callback requests are obviously attended within the same business day. So, you will not have to worry about getting helped by the support team.

Tickmill Trading Platforms

Similar to several other Forex brokers, Tickmill also provides you with highly advanced as well as user-friendly MT4 trading platform which is also available in Mac as well as Windows OS, Android, iOS and web-based versions.

MT4 has undoubtedly remained the most popular trading platform since 2005. This trading platform offers you a completely user-friendly interface along with all the tools that you require including technical indicators, charting packages, Expert Advisors and a highly advanced backtesting environment.

Moreover, Tickmill has also collaborated with Myfxbook to provide you with advanced trading options through the AutoTrade platform. The brokerage also offers their clients with VPS service so that they can install their preferred EAs and run them on any device. You will be able to acquire the VPS package at an expense of £20 per month.

Tickmill Deposit and Withdrawal Methods

If you have an account in Tickmill then you will be able to deposit and withdraw money through different channels.

The very first option that you will be able to use is the debit or credit cards. The thing that you need to note here is that only the cards issued by Visa and MasterCard are allowed. And it usually takes about one business day to process the payment.

You will also be able to deposit money through wire transfers. Moreover, the Vietnamese and Thai clients of Tickmill’s Seychelles branch are provided with the option of instant online bank transfers.

You will also be able to deposit money through Skrill, Neteller, PaySafeCard, Fasapay, China UnionPay, Dotpay, Qiwi Wallet, NganLuong and GlobePay. Out of these e-wallet options, DotPay, Skrill and Neteller are available on a global scale. Other options are specific to the clients of Seychelles.

The best thing about Tickmill is that it does not charge anything on withdrawals and deposits. Moreover, the lowest amount that can be withdrawn is $10.

Tickmill Bonus and Promotions

  • $30 Welcome Bonus – $30 bonus shall be credited to your trading account when you open a real account. You do not have to deposit any more to get this bonus and the profits are withdrawable.
  • Trader of the Month – Tickmill chooses the best among existing clients and award the best performing trader with a $1,000 prize every month.
  • Tickmill NFP Contest – During every NFP week, Tickmill chooses one instrument during every US Non-Farm Payroll week and challenges traders to guess its price in MT4 platform at 16:00 which is 30 minutes after the NFP release. An exact hit shall be rewarded with a $500 bonus. In case of no exact hit, the trader with the closest prediction will get a $200 prize.

Tickmill Final Word

The brokerage understands that trading conditions are not similar across the globe. Thus, they have modified the offerings as per the location and economic conditions of their clients. Tickmill allows the traders to trade with Tickmill Seychelles if they need high leverage. And those who can comply with the regulations of ESMA can obviously join the UK or Europe branch of the brokerage. In other words, you will be able to achieve complete flexibility as a trader with Tickmill.

Tickmill – Step by Step Live Account Opening Guide

In this section, I will guide you through the account opening process in order to be able to make the deposit and start trading at Tickmill. There are two major steps which are very easy and should not take more than several minutes

Step 1 – Fill the Registration Form

First of all, you have to choose the regulator that your live account is going to be registered to. The clients living outside European Union should select FSA of Seychelles whereas European clients should proceed with FCA of the United Kingdom regulator.

Registration form requires you to submit your basic personal information such as country, name, last name, phone number, e-mail and date of birth. All the information must be correct so that you will need to verify this information later.

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