Tickmill Forex Broker Reviews

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Tickmill is a trading name of Tickmill UK Ltd, which is authorized and regulated by the United Kingdom's Financial Conduct Authority (FCA), and Tickmill Ltd, which is authorized and regulated by the Seychelles Financial Services Authority (FSA).

Tickmill, which was founded in 2015, has emerged as a promising MetaTrader broker. Tickmill offers CFDs on Bonds, Energy, Indexes, Metals, and Cryptocurrencies in addition to Forex.

Tickmill provides three types of accounts. The Classic account has no commissions and traders only pay the bid/ask spread. The other two accounts, PRO and VIP, are commission-based and charge a per-trade commission to lower prevailing spreads.

While the VIP account requires a minimum balance of $50,000 for traders to access low commissions of $1.6 per standard lot (100,000 units) or $3.2 per Round-Turn (RT), the PRO account offers similar pricing with an RT commission of just $4 per standard lot and can be opened with as little as $25.

When traders open an account with Tickmill, they have the option of using the firm's UK-based entity, its offshore entity based in Seychelles, or even the group's new brand, Vipro Markets. The main distinction between these entities is the regulations governing the client account agreement in each country. Spreads and trading costs are similar across Tickmill brands, though Vipro Markets may differ (note: we did not assess Vipro Markets during this review).

It's also worth noting that the Autotrade feature of Myfxbook is only available to Tickmill's Seychelles entity, and EU-based clients can only open an account with the UK entity (thus, Myfxbook is not available to Tickmill's EU clients).

[degesture 20]

Tickmill is not good, before it was good now they are cheating with anti plugins and many others to manipulate client trades. Now its pure cheating. I'm leaving this sham broker in search of a legitimate one.

[reyoga 67]

Yes, Tickmill was excellent at first, but now they have been worse

[Raziki 52]

Tickmill is no longer reliable; they charge a positive swap on certain pairs when a position (buy/sell) is held for a few days, and when the same position is held for an extended period of time, tickmill changes the swap from positive to negative.

[Karloof 9]

Thank you for the information. It's actually quite useful.

[SmartestRedstone 56]

It was the best once upon a time.

[BiomeSupergirl 39]

Is there a problem with this broker, guys?

[TheEnd 28]

tickmill or icmarkets? Which is the best firm

[MobsGreenArrow 7]

Tickmill broker is fantastic in my opinion. However, reading all of the responses in this thread made me reconsider my decision to use a tickmill pro account. So far, the spread is reasonable, and the open order execution time is quick for me. So far, I haven't had any negative experiences; has anyone here with a Tickmill pro account ever had a problem?

[GeekyZombie 15]

Thank you for providing such detailed information about the Tickmill broker.

[FreakNether 7]

Do they offer stock indices as well as other forex trading instruments? What is their spread on the EURUSD, for example?