The Company
Set up in 2014,TickMill is an electronic communication network (ECN) and no-dealing desk (NDD) broker, which offers trading in diverse financial instruments, including 62 currency pairs, 16 CFDs as well as Gold and Silver. The broker is actively present in Asia, the Middle East and Africa. TickMill is a registered business name of Tmill UK Limited, a company authorised and regulated by the Financial Conduct Authority (FCA). It also has a sister company offshore, registered with the Seychelles' FSA.
The UK’s FCA is one of the most reputable financial watchdogs worldwide. FCA-regulated brokers must keep client funds in segregated accounts, separated from the companies operating funds. They also are required to maintain net tangible assets amounting to at least €730 000 as a proof of their financial stability. What is more, clients of UK brokers are covered the Financial Services Compensation Scheme (FSCS). In the event of a company insolvency, FSCS is able pay compensation up to a maximum of £50,000 per person per regulated entity. Eligibility depends on the status and the nature of the claim.
Company Overview
Company Name
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Tickmill LTD
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Headquarters
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1 Fore Street Avenue , EC2Y 9 DT , London , United Kingdom
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Website
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Regulation
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FCA , FSA
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Trading Instruments
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Forex , Metals , CFDs , Bonds , Cryptocurrencies
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Trading Platform
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MT4 , MT5
(desktop , mobile , webtrader)
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Deposit /
Withdrawal
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Visa/Mastercard , Neteller , Skrill , fasaPay , Union Pay , Wire Transfer
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Bonus
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30% Welcome Bonus
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Services
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Tickmill VPS , Autochartist
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Customer Service
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Live Chat
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Trading Accounts
Account type
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Minimum deposit
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Minimum trade size
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Maximum leverage
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Spreads (& Commission)
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Classic
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$25
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0.01
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1:500
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From 1.6 pips
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Pro
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$25
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0.01
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1:500
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0.2 pips + $4 / Lot*
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*Commission is calculated per standard lot of 100 000 units round trip.
TickMill offers 2 basic account types, all of which are accessible through the popular MetaTrader 4 platform and offer market execution with average speed of 0.3 seconds, variable spreads, leverage up to 1:500 and micro tradeable lots. The Classic account is commission-free, while Pro ECN account holders are charged with a small commission fee and get tighter spreads. For big players with minimum account balance of $50 000 who want more personalized approach and lower commission fees the broker offers VIP accounts.
Personal multi account manager accounts are also available with Tickmill. The MAM program allows professional Money Managers (with minimum $5,000 deposit at least) to trade on behalf of their clients. A Money Manager can easily execute block trades on all accounts with his single master account. What is more, Islamic accounts are also available to clients who don’t want to earn interest for religious reasons. These accounts are swap-free and Sharia-compliant.
*Risk Warning: Forex and CFD trading involves significant risk to your invested capital.