In the trading world, brokers like TickMill, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don’t require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features. To better understand the TickMill trading platform, you can create two separate accounts – one with real money and the other a TickMill demo account. A TickMill demo account provides a risk-free environment for experimenting with the TickMill platform’s features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in TickMill trading decisions.
- VPS hosting ensures 24/7 uptime and ultra-low latency for serious automation users.
- Finding a reliable forex broker is one of the most important aspects of trading.
- This feature ensures that traders cannot lose more than the amount deposited into their accounts, even during extreme market volatility.
- To comply with licensing requirements, Tickmill must adhere to all the applicable Know Your Client (KYC) and Anti-Money Laundering (AML) checks.
- The demo environment mirrors live conditions, allowing you to test strategies in real market scenarios without financial risk.
Tradingview Platform
The presentation is comprehensive; the blog represents the most valuable asset Tickmill possesses within its retail brokerage division. Multiple updates throughout the trading day, together with a solid mix of written content, charts, and videos, provide an exceptional service. Tickmill is primarily a Forex broker, as evident in its asset selection. With 62 currency pairs available, currency traders have elevated exposure to their core market. CFDs are offered on 4 types of German bonds, energies, 16 global stock indices and metals (gold and silver).
FP Markets
Thanks to MQL4’s robust ecosystem, a broad library of ready-made EAs and code snippets is available, helping both novices and specialists optimize their approach. In short, MT4’s accessibility, strong user community, and ample customization explain its enduring popularity. Cryptoasset investing is highly volatile and unregulated in some EU countries. After extensive research over several years, we have compiled a list of the most effective TickMill alternatives available today. If you are unsatisfied with TickMill or want to explore other options, we recommend checking out our carefully curated list of highly-rated TickMill alternatives.
Trade Like a Pro, Backed by One
Depending on your account and which country you pick, you can also trade some bonds, but this is usually limited for most traders. Having used the platform myself, I was impressed by how seamlessly it handled my Expert Advisors (EAs). Setting it up took mere minutes, and the 24/7 live chat support gave me peace of mind when I had a late-night question about server configurations. Tickmill offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and its own Tickmill WebTrader platform for trading. For clients residing in relevant areas, Tickmill extends trading in leading cryptocurrencies, commonly Bitcoin and Ethereum, via CFDs. This arrangement grants exposure to crypto price movements without the complexities of managing private keys or digital wallets.
These services require significant investment, and in turn, TickMill may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall TickMill trading profitability. Tickmill fees are built into both spreads and commissions, offering transparency and flexibility for traders.
It also includes Market Depth for improved insight into market liquidity and order flow. Traders can set pre-configured Stop Loss (SL) and Take Profit (TP) levels, streamlining trade management and ensuring better risk control. With commissions starting from $0.85 per contract and market-driven spreads, the Futures Account ensures competitive pricing and transparency. The spreads are market-driven and vary depending on the futures contract.
- As a result, these accounts are free from interest-based fees, providing a Shariah-friendly trading solution for Muslim traders around the world.
- Let’s explore each of these trading platforms in detail and what options TickMill gives you.
- Platform is clean and the support is also quick to respond if anything goes off.
- Between 74-89% of retail investor accounts lose money when trading CFDs.
- With its powerful features and easy-to-use interface, Autochartist is an essential tool for TickMill traders of all experience levels.
Islamic Account
The main difference between Tickmill’s Raw and Classic accounts lies in pricing structure and spreads. The Raw account is ideal for traders seeking lower spreads and is structured with a commission. Traders pay $6 per standard lot ($3 per side) and benefit from highly competitive spreads, such as 0.10 pips on EUR/USD based on August 2025 average spread data.
Spreads start from 1.6 pips – which can be quite higher than the average. One of the areas where Tickmill really excels is the emphasis on providing a streamlined yet intuitive experience that focuses on adding the most value for platform clients. Beyond the straightforward trade execution model is the high-quality execution itself.
It’s recommended that you check the TickMill website before signing up. If you decide to close your TickMill account, it’s important to do so with the TickMill broker customer support and obtain confirmation that no remaining TickMill fees are due. TickMill is regulated by trusted organizations, providing recourse for any issues.
What are Tickmill’s Bonuses and Promotions?
With access to key global markets and competitive trading conditions, the broker provides a robust environment for executing various trading strategies across asset classes. Tickmill maintains a high level of transparency by providing clear and accessible information on account types, trading conditions, fees, and risk disclosures. Clients benefit from reliable execution, minimal slippage, and consistent system uptime. The broker openly communicates the terms of negative balance protection and segregated fund policies, enabling clients to trade with full awareness of the safeguards in place. Tickmill provides excellent customer support designed to assist traders promptly and efficiently. Available 24/5, the support team can be reached through multiple channels, including live chat, email, and phone, offering assistance in various languages such as English, Arabic, French, and Spanish.
New traders need to confirm their identity by sending a copy of their ID as well as one proof of residency document. The standard operating procedure across the brokerage industry ensures compliance with AML/KYC regulatory requirements. An extensive video library of tutorials is available, with content in English, Spanish, German, Arabic and Russian.
Trading with Tickmill’s MT4 gives you access to the CFDs on forex, stock indices, bonds and commodities available via Tickmill. The platform also allows for tickmill review the execution of orders without partial fills, thanks to the huge liquidity depth. There is also a Tickmill demo account, which allows you to access a full demo without having to deposit any funds to the platform.
Tickmill trading platforms and tools
The effect of leverage on profits and losses magnifies them in both directions. In other words, TickMill leverage profits and losses are magnified when trading. For instance, using CFDs, you use the TickMill trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value.