TICKMILL Evaluation

Tickmill.com is a foreign exchange broker that allows customers to trade on a wide selection of products across many asset classes. These asset classes include forex, equities, bonds, and commodities. The following are some of the company’s strengths as selling points:

Compliance with the rules imposed by the Seychelles Financial Services Authority is ensured by the fact that the broker keeps the traders’ deposits in separate accounts at reputable institutions (FSA).

• Outstanding Trading Circumstances – Tickmill provides outstanding trading conditions, which include minimal commissions and spreads in addition to the absence of any delays, interventions, or requotes.

Winner of Several Industry Awards – Tickmill is the winner of several industry awards, including the Top CFD Broker award from FxDailyInfo.com Broker Awards in 2018, the Best Forex Trading Conditions award from the UK Forex Awards in 2017, and the Most Trusted Broker in Europe award from the Global Brands Magazine in 2017.

Absence of Restrictions Concerning Methods Traders are unrestricted in their ability to employ any number of trading strategies, including arbitrage, scalping, and hedging. There is not even the remotest possibility of capping the amount of money they can make.

What Kind of Reputation Does This Online Broker Have?

The Tickmill Group, which is the parent business of the Tickmill brand, has been awarded a number of licenses, including the following:

The Seychelles Financial Services Authority oversees the operations of Tickmill Limited, which can be found online at https://tickmill.com.

The UK Financial Conduct Authority oversees the operations of Tickmill UK Limited, which may be found online at https://www.tickmill.co.uk.

The Cyprus Securities and Exchange Commission oversees the operations of Tickmill Europe Limited, which may be found online at https://www.tickmill.eu.

The following organizations have the corporation registered with them:

The Financial Conduct Authority (FCA) (FCA)

The Authority for the Federal Oversight of the Financial Sector (BaFin)

• Commissione Nazionale for le Societa e la Borsa (CONSOB)
• Autorite de Controle Prudential (ACPR)
• Commission Nacional del Mercado de Valores (CNMV) (CNMV)

In addition, Tickmill UK Limited participates in the compensation programs listed below:

The Financial Services Compensation Scheme, abbreviated FSCS, is an organization that An independent fund for the purpose of compensating customers of licensed financial services in the UK, the fund’s primary mission is to provide payments of compensation to customers of trading services that have suddenly become inoperable.

Investor Compensation Fund – The purpose of this fund is to provide financial compensation to the customers of trading services that are unable to continue operating.

Tickmill Ltd provides outstanding service to its customers via means including the following:

Please send all correspondence to the following address: 3, F28-F29 Eden Plaza, Eden Island, Mahe, Seychelles

Email to support@tickmill.com

To contact us, please dial either +852 5808 2921 or +65 3163 0958.

Live conversation

A Step-by-Step Guide to Opening an Account Including an Explanation of the Various Account Types

Traders can choose from the following accounts at Tickmill.com, depending on their level of experience and the objectives they wish to accomplish with their trading:

1. Classic Account – With this account, you have access to all of the marketplaces in the world and can trade without paying any commissions.

2. Islamic Account — Adherents to Islam have the opportunity to take use of a swap-free account that is in complete accordance with the Sharia norms.

3. Pro Account – This account, which is tailored to the needs of experienced traders, offers competitive commissions and narrow spreads.

4. VIP Account: This sort of account provides commissions that are significantly lower than standard rates.

5. Demo Account: If you are a new customer who is not yet prepared to invest real money, you may use a demo account to learn more about trading and polish your trading skills. Before beginning to trade for real money, investors may use this kind of account to practice their trading tactics without having to worry about losing any money in the process.

The steps that need to be taken in order to create an account on Tickmill.com are as follows:

On the website, navigate to the link labeled “Create an Account.”

This action launches the online registration form, which can be completed in no more than three minutes.

Using the dropdown menus, select your nation, the sort of client you are (a company or a person), the language you speak, your title, and your date of birth.

Please provide your complete name as well as your email address.

Before you tick the box indicating that you have carefully read and understood the Tickmill Ltd. Privacy Policy, you are required to read the privacy policy.

Proceed to Step 2 of the registration process, during which you will be required to input your address, certify that you are a citizen of the United States for tax purposes, your level of education, your employment position, and your financial history.

Please respond to the following yes/no questions regarding your experience and knowledge of trading.

• Input your IB code if you have one.
• Create a password and confirm it.

Check the box if you want to make sure you get the Forex broker’s newsletter and any special offers they might have.

Please verify that you have read the client service agreement as well as the risk disclosure statement, that you understand both of them, and that you agree with them.

To complete the process of opening a new trading account, click on the button that says “Open Account” in green.

The approach to create a demo account at Tickmill is more straightforward:

To access the demo account, navigate to the homepage and select the blue “Try Demo Account” tab.

This action brings up a straightforward online registration form.

Please provide your name, email address, and phone number in the spaces provided.

Input your virtual deposit amount.

You have the option of selecting the Classic account, the Pro account, or the VIP account.

You have the option of using United States Dollars, British Pounds, Euros, or Polish Zloty.

You have the option of using a leverage of up to 1:500.

In order to finish creating your demo account, click on the blue button labeled “Submit.”

You, as the owner of a demo account, are eligible to take advantage of the following perks:

Access to real-life pricing fluctuations and real-time market conditions

Trading platform compatible with the MT4 standard

Trading instruments that include precious metals like gold and silver as well as bonds, stock indexes, WT1, and 62 different currency pairs

Buying and Selling Platforms

Traders can choose to conduct their business on Tickmill through the web browser installed on their desktop computers or through their mobile devices, such as tablets or smartphones.

You have a choice between the two different platforms which are as follows:

MetaTrader 4

Traders have the ability to fully personalize their MT4 trading platforms in accordance with their trading expertise and trading objectives. The UI of this platform is one that is both user-friendly and packed with features. It provides clients with a trading environment that can be totally customized to improve their trading performance in any way they see fit. They have unrestricted access to their portfolio and can take advantage of superior order management capabilities in addition to enhanced charting functionalities.

Support for MQL, a programming language that enables traders to build Expert Advisors (often known as “EAs”) and indicators, is largely responsible for the widespread adoption of the MT4 platform.

The following are some of the primary characteristics of this platform:

No partial fills

The possibility of using micro lots

Market Places for Trading in AE

Including Contracts for Difference (CFDs) on Stock Indices, Foreign Exchange, Bonds, Commodities, and WTI

MetaTrader 4 is available for download on a variety of platforms, including Windows, Web Trader, iOS, Android, and OS X.

Web Trader

Web Trader is a web-based trading platform that enables you to engage in trading in a straightforward and expedient manner. If you are the kind of trader who dislikes having to download and install software on their computer, you can use Web Trader. There is no need to download and install any software because it performs just as well as MT4 but does not need that you do so.

The following are some of its features and benefits:

Charts of prices that can be personalized

Nine different chart timeframes

The Most Fundamental Analytical Objects

Quotes updated in real time on Market Watch

Trading with a single click

Free from danger and risk

Financial Tools Used in Trading

Tickmill offers a wide range of trading instruments, including contracts for difference (CFDs) on stock indices, currency pairs, bonds, crude oil, and precious metals, among other things.

Foreign Exchange (Forex): Trade with over 60 different currency pairs.

Trade Contracts for Difference (CFDs) on crude oil and international stock indexes with Stock Indices and WTI.

Precious Metals – Trade Contracts for Difference (CFDs) on precious metals like gold and silver.

Bonds – Invest in German government bonds with no commission and spreads that are among the most competitive in the industry.

Instruments for the Traders

Tickmill.com provides its customers with a variety of tools to assist them in honing their business plans, including the following:

1. Autochartist – This is a potent tool for performing technical analysis, and it is capable of assisting traders in reaching new heights of success in their trading.

2. The Forex Calendar is a tool that allows currency traders to track important economic events and analyze a variety of economic indicators.

3. Myfxbook AutoTrade is a tool that allows you to learn tried and tested tactics from professional traders. You can use this feature.

4. Tickmill VPS: This utility ensures that signals and EAs continue to function, even if the user loses their connection to the internet.

5. One-click Trading — This is an instrument that improves the functionality of the MT4 trading platform.

6. Forex Calculators – To make the most efficient use of your time, make use of a number of different calculators, such as a pip calculator, currency converter, and margin calculator.

Tickmill is the Place to Go for Knowledge!

Not only does Tickmill operate as an online broker, but it also functions as an educator. In other words, it is not just a platform for trading, but also for acquiring education, perfecting trading abilities, and experimenting with new trading tactics.

The broker provides access to a comprehensive variety of resources, including the following:

• Webinars
• A glossary of significant financial terminology, including those used in forex trading
• Seminars
• Ideas, insights, and techniques for free in the form of downloadable eBooks
• Video tutorials
• Infographics

Articles with educational content

Information Relating to Financial Institutions, Including How to Make Deposits and Withdrawals

The client is free to choose the payment option that is most convenient for them while making a deposit, withdrawing funds, or transferring funds. Tickmill does not levy any fees on deposits that are greater than US$5000 or its equivalent in another currency. If traders email copies of their bank statements or any other supporting evidence within 30 days of making the deposit, the company will reimburse them for up to US$100 in transaction fees.

The following forms of payment are accepted through Tickmill:

• Bank Transfer
• Visa & MasterCard
• Neteller
• Skrill

Using any of the aforementioned ways, the least amount you can deposit is $100, and the least amount you can withdraw is $10. The time required to complete both deposits and withdrawals is 1 (one) day.

Only customers who have registered their accounts with Tickmill Ltd. Seychelles have access to the following payment methods:

• Fasapay
• UnionPay
• NganLuong.vn
• Qiwi Wallet
• Globepay
• A transfer of funds through an online bank in Thailand
• Vietnam fast online bank transfer

The following is a list of the terms and conditions that pertain to banking on Tickmill.com:

Deposits can only be made if the customer uses one of their own payment methods; the company does not accept deposits made by any other person or entity.

Tickmill does not impose any transfer fees on users that choose to use its various payment methods.

It is not liable for the fees that are levied by banks and firms that manage electronic wallets.

Payouts are processed through the same type of banking that was used to make deposits by the broker.

Tickmill.com will only process payout requests in the following currencies: PLN, USD, GBP, and EUR.

Forex brokers have the ability to freeze their clients’ accounts if they make deposits and withdrawals but do not make a sufficient number of trades.

FAQ

Which other trading platforms are compatible with the Tickmill platform?

MetaTrader 4/5, MetaTrader WebTrader, MetaTrader Mac, CQG.

What is the bare minimum that must be deposited into a Tickmill account before it may be activated?

100 USD.

Conclusions and Reflections on Tickmill

Tickmill is a very new online broker when compared to others in the industry that have been operating for many years. However, there are customers who have been devoted to the company’s services for the previous few months, and these customers are pretty pleased with the company’s offerings. You have the option to get started at Tickmill with a demo account if you do not wish to immediately risk any real money. Tickmill will educate you on the fundamentals of trading, even if you don’t have much experience in the field.

We strongly suggest that you investigate Tickmill on your own by following the link provided in this sentence. The opening of a demo account is a breeze, and there is no cost or danger involved in doing so.