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Tickmill

Tickmill

Tickmill is a small broker that provides a secure trading environment supported by the popular MetaTrader platforms. With competitive pricing, no-requote execution, and support for a wide range of trading strategies, including scalping and algorithmic trading, Tickmill caters to both novice and experienced traders seeking efficiency and reliability.
Evaluation
7.68
Regulations
Minimum Deposit$100
Islamic AccountYes
Payment MethodsBank transfer, credit card,cryptocurrency, Electronic banks
Main BranchSeychelles
Demo AccountYes
Trading PlatformsProprietary Platform, Web platform, MT4, MT5

Pros

  • Low opening deposit
  • Access to a demo account
  • Simple account opening process
  • Many promotional offers
  • Relatively competitive spreads
  • Good educational tools
  • Zero-fee policy on deposits and withdrawals
  • EAs, hedging, and scalping all allowed
  • Negative balance protection offered

Cons

  • Small product basket relative to peer brokers
  • Spreads are not always competitive
  • Only CFD trading offered, no direct ownership
  • Proprietary platform only available in the Seychelles
  • No services offered to US, Japanese, or Canadian traders
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Risk Disclosure: Trading in financial instruments involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Never invest money you cannot afford to lose, and carefully assess the suitability of complex products such as CFDs and derivatives in light of your financial situation. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Arincen would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes.

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