Tickmill is an example of modern brokerage services, standing out from the competition due to its focus on innovation and advanced technology. Since its foundation, it has established itself as a reliable partner for traders, providing advanced solutions and high-quality trading conditions. This attracted the attention of both experienced traders and beginners, due to the minimal spreads and opportunities for optimizing trading strategies.

One of the key features of Tickmill is its attractiveness to traders who are interested in scalping and passive trading using trading robots. The minimum spreads offered by the company help to reduce trading costs and allow traders to use their strategies effectively. This is especially important for those who carry out frequent transactions and strive to maximize profits from short-term market fluctuations.

Tickmill has established itself in the international arena, receiving recognition for its achievements in the field of brokerage services. In 2018 and 2019, the company was awarded the title of "Forex Broker with the best execution". This award testifies to the high quality of order execution and accuracy in performing trading operations, which is critically important for traders working in financial markets. In addition, in 2019 Tickmill was awarded the title of the "Most Transparent Broker", which confirms its commitment to honesty and openness in working with clients. These awards highlight the company's leadership in the industry and its commitment to providing the best conditions for its customers.

Thus, Tickmill not only sets new standards in the field of brokerage services, but also actively works to improve its reputation and ensure high standards of service. The company continues to attract traders with its innovative approach, high standards of order execution and transparency in its activities.

The Tickmill Group includes several companies, each of which is regulated in its own jurisdiction:

• Tickmill Europe Ltd — under the supervision of CySEC in Cyprus (registration number 278/15).

• Tickmill Ltd — regulated by the FSA in Seychelles (registration number 09369927).

• Tickmill UK Ltd — under the control of the FCA in the UK (registration number 733772).

• Tickmill Asia Ltd — regulated by Labuan FSA in Labuan, Malaysia (registration number MB/18/0028).

• Tickmill South Africa (Pty) Ltd — controlled by FSCA in South Africa (registration number 49464).

Before opening an account, it is important to consider which department of the company you are registering an account with, as this affects the trading conditions.

Tickmill offers its customers favorable trading conditions, providing high flexibility and a wide range of trading tools. Depending on the department you are contacting, different account currencies are available: for Tickmill.EU USD, EUR, PLN, CHF and GBP are available, whereas for Tickmill.com — USD, EUR and GBP. The minimum deposit is 100 USD. The leverage varies depending on the division: for Tickmill.EU it can reach 1:30 or 1:300, and for Tickmill.com — up to 1:500.

Spreads also depend on the type of account: on Classic accounts they start from 1.6 points, whereas Pro and VIP accounts offer spreads from 0 points. Tickmill provides an extensive selection of trading instruments, including currency pairs, commodities, stock indexes, stocks, bonds and cryptocurrencies. The conditions for Margin call and Stop out are set at 100% and 30%, respectively.

These flexible terms and a wide range of tools allow traders to tailor their trading strategies according to their personal goals and preferences, which makes Tickmill an attractive choice for various types of traders.

Trading conditions

Tickmill is an example of modern brokerage services, offering flexible trading conditions that are suitable for both beginners and experienced traders. The broker stands out due to its advanced technologies and favorable terms, providing attractive conditions for various types of trading. 

For novice traders, Tickmill offers a Classic account, which is characterized by the absence of commissions and transparent formation of spreads. These spreads can be found in the account specification, which makes it easier to understand trading conditions and helps beginners avoid additional costs. This makes the Classic Account ideal for those who are just starting their way in trading and want to minimize the initial costs.

For more experienced traders who work with large volumes or apply high-frequency trading strategies, Tickmill provides Pro and VIP accounts. These professional ECN accounts offer virtually zero spreads, instant order execution and a fixed commission for each lot. Such conditions allow you to effectively manage large trading volumes and use strategies that require high execution speed.

The minimum deposit for opening Classic and Pro accounts is $100, which makes trading accessible to a wide audience regardless of the jurisdiction of the trader.

Tickmill's leverage varies depending on the client's jurisdiction. For European clients, more stringent conditions apply: the maximum leverage for retail clients is 1:30, which depends on the type of asset. However, to get an increased leverage of up to 1:300, the status of "Qualified" is required/Professional." In other jurisdictions, leverage can reach 1:500 regardless of the client's status, which provides greater flexibility in managing trading positions.

Tickmill offers a wide range of trading assets, including currency pairs, commodities, stock indexes, stocks, bonds and cryptocurrencies. The exceptions are ETFs and derivatives, with the exception of the UK, where futures are available.

Payment methods depend on the broker's department. For Tickmill.EU bank transfers, Visa, Mastercard, Skrill, Neteller, PayPal, Dotpay and Trustly are available. For Tickmill.com Bank transfers, Visa, Mastercard, Skrill, Neteller, Webmoney and cryptocurrency payments are provided, which provides convenient and diverse ways to deposit and withdraw funds.

Tickmill provides access to trading through various platforms, including MT4, MT5, MT4 WebTrader and the Tickmill mobile app. This allows traders to work from devices that are convenient for them and use platforms that best match their trading strategies.

The main trading conditions include a minimum deposit of $100, leverage up to 1:30 or 1:300 for Tickmill.EU and up to 1:500 for Tickmill.com , the minimum order is from 0.01 lots, and spreads are from 1.6 points for the Classic account and from 0 points for the Pro and VIP accounts. The conditions for Margin call and Stop out are set at 100% and 30%, respectively. 

Tickmill also provides a mobile trading option, which provides flexibility in trading. The affiliate program and the availability of contests and bonuses complement the range of services offered by the broker. Orders are executed according to the Market Execution model, and the liquidity provider is Barclays, which guarantees high quality of execution of transactions. In addition, features such as hedging and scalping are available, which allows traders to implement various trading strategies.

Thus, Tickmill offers extensive opportunities and flexible conditions that meet the needs of both novice and professional traders, providing access to high-quality tools and services for successful trading in financial markets.

Comparing Tickmill with Eightcap, Traddoo, FxGlory and TradeStation on the main aspects, we came to the conclusion that Tickmill stands out for its low spread and transparent conditions, which makes it an excellent choice for traders of all levels. Eightcap offers competitive conditions and a variety of payment methods, suitable for active traders. Traddoo and FxGlory offer high leverage and different account types, which is suitable for riskier strategies. TradeStation has a powerful platform with advanced analytical tools, which makes it ideal for professional traders and those who require advanced features.

Commissions and fees

Tickmill brokerage company has undergone a detailed analysis conducted by our specialists in order to assess its commission costs. The analysis covers both trading commissions, which are determined by the spread, and non-trading commissions associated with additional fees for withdrawing funds from a trading account.

According to the results of the audit, Tickmill offers several types of accounts with different commission conditions. On a Pro account spreads start at $0, and a fixed commission is USD 4 for a full standard lot. Note that there are no additional withdrawal fees on this type of account. On the Classic account spreads start from 1.6 points, which is equivalent to about $16 per standard lot. This account also has no additional withdrawal fees. VIP account offers spreads equal to $0 and a fixed commission of $2 per standard lot. As with other types of accounts, there are no additional withdrawal fees on the VIP account.

As part of the study, comparative analyses were also conducted with similar offers from other brokers. Analysts compared the average commission costs on Tickmill accounts with competitors based on data on the EUR/USD pair. The results showed that the average commission on Tickmill accounts is $6, which indicates a high level of commissions compared to competitors. For the Pro account, the fixed commission is 4 USD, and for the VIP account — 2 USD.

In comparison, RoboForex demonstrates a significantly lower average commission of $1, which makes it an attractive choice for traders seeking to minimize costs. Pocket Option offers an average commission of $2.5, which is an average level compared to other brokers.

These results indicate that Tickmill has relatively high commission costs, especially for Pro and VIP accounts. However, the high quality of order execution and other advantages, such as low spreads, may justify such commissions. The choice of a broker largely depends on the individual priorities of the trader, such as the amount of trading costs, quality of execution and additional terms of service.

Safety

Tickmill Brokerage is regulated by several reputable financial authorities, which confirms its compliance with strict security and transparency standards. These regulators include the Seychelles Financial Services Authority, the UK Financial Supervision Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Labuan Financial Services Authority (Labuan FSA) and the Financial Sector Supervision Authority (FSCA) in South Africa. Regulatory authorities ensure strict control over the broker's activities, which ensures compliance with financial standards and protection of clients' interests.

The advantages of working with Tickmill include: clients' money is stored in separate accounts that are not available for use by the broker, which provides additional protection from the financial risks of the company. Clients are protected from a negative balance, that is, their losses are limited only to the amount invested. Controversial issues are resolved with the involvement of an independent person, which contributes to the fair resolution of conflicts. In addition, Tickmill is a member of the ICF investor compensation fund, which guarantees insurance payments of up to 20 thousand euros in case of bankruptcy of the broker.

However, there are limitations: claims by private traders trading in small amounts may not be considered by regulators, which may limit protection for some clients, especially those who make small investments or conduct low-volume trading. Thus, despite the high level of regulation and protection, some aspects may not cover all the needs of traders.