Tickmill Review – Top Key Points 2021

Add to wishlistAdded to wishlistRemoved from wishlist 0
Add to compare
Add your review
You will get: Highly Competitive Pricing 7+ Years of Market Experience 85 tradeable instruments Copy-trading Demo accounts, swap-free accounts Best in class Research tools & multiple trading platforms

Tickmill Review 2021 Overview

Tickmill is a popular global forex and CFD broker regulated by top-tier financial authorities. It offers a minimal selection of tradeable instruments, where the Forex market remains the main focus and fewer other instruments from stocks indices, gold & silver, and 4 bonds. While Forex trading cost is highly competitive and CFD trading cost is industry average. Tickmill provides industry-leading research tools and educational materials. MetaTrader 4 is the only trading platform available as a web trader and downloadable platform.

Top Key Points for Tickmill in 2021

In our 2021 broker lists, Tickmill is one of the most trusted brokerage firm. Founded in 2014, 7+ years of financial market experience.

One of the lowest cost broker in the industry

​Currently offering 62 currency pairs including major, minor, and exotic pair

Regulated in one tier-1 jurisdiction (FCA), and two tier-2 jurisdictions (CySEC, FSA)

back to menu ↑ back to menu ↑

Is Tickmill safe or a scam?

Tickmill is one of the most trusted online Forex and CFD broker, regulated by top-tier regulatory jurisdiction. It’s a comparably new broker founded in 2014 and has 7+ years of experience in the financial market. Tickmill primarily regulated by the Seychelles Financial Services Authority (FSA), Seychelles is an archipelago of 115 small islands in the Indian Ocean, off East Africa. In order to increase their credibility and gain acceptance among traders, they took authorization from the FCA (Financial Conduct Authority), which allowed Tickmill to offer a more secure, secure, and user-friendly trading environment. Another benefit of FCA-regulated brokers is, they also a member of the Financial Services Compensation Scheme (FSCS), under this scam up to £ 85,000 clients’ funds are protected, which means if anything goes wrong with these brokers traders will get up to £ 85,000 compensation funds. Tickmill operates in Europe under CySEC regulation which is compliant with the EU’s Anti-Money Laundering Directive, where up to € 20,000 clients’ funds are protected under The Investor Compensation Fund (CIF). Tickmill is not a publicly-traded company and does not operate a bank. On top of that Tickmill provides negative balance protection and clients ‘money is kept in a segregated bank account at regulated banks, it never uses clients’ money for its own business activity due to regulations. In the last 6 years, they have gained a lot of reputation from the international trading community.

In the past, it was accused of stop-loss hunting and market manipulation, after investigated by regulators they don’t found it guilty.


  • Founded in 2014, serving almost 111k clients worldwide with a wonderful reputation for more than 7 years
  • Regulated by some of the strictest regulatory institutions.
  • Negative balance protection
  • Lowest cost trading opportunity


  • Compensation fund available only for European clients

back to menu ↑ back to menu ↑

Tickmill Review : Tickmill licenses

Tickmill broker licensed globally from multiple regulatory institutions. Regulatory institutions as follow as:

back to menu ↑ back to menu ↑

Trading Instrument available at Tickmill broker

Although Tickmill offers fewer tradeable instruments than most other brokers in the industry, there is still plenty of opportunities to diversify your portfolio, especially when your main focus is trading Forex because Tickmill offers 60+ currency pairs including major, minor, exotic pairs with up to 1:500 leverage. But those who are looking for cross-asset diversification may be disappointed. Currently, they are offering 85 tradeable instruments encompassing mostly currency pairs including popular markets and some exotic pairs as well as Forex, stock indices and oil, precious metals, and bonds.

Cryptocurrency: Cryptocurrency trading is not available right now, although recently cryptocurrency is booming and it became one of the most evident assets class. Hopefully, they will add cryptocurrencies near future too.

The following table summarizes the different Instrument available at Tickmill broker:

Features Tickmill
Total Instruments 85
Copy Trading Yes
Cryptocurrency No
Cryptocurrency (CFD) No
Forex Pairs 62
Stocks indices & oil 16
Precious Metals gold & silver
Bonds 4


back to menu ↑ back to menu ↑

Commissions and Fees

Trading Cost: Tickmill offers both commission-based and commission-free trading opportunities. Total three account types are available classic, pro, and VIP account. where the classic account is commission-free and operates under the market maker model with minimum spread listed at 1.6 pips in EUR/USD pair. Pro and VIP account operate under the NDD model, where spreads are highly competitive starts from 0.0 pips and a small commission of $4 and $2 per lot, respectively. Pro account can be accessed by depositing only $100, and to access VIP account you need a minimum of $50k deposit. Pro and VIP account have a significantly bigger advantage over the classic account. VIP account only for professionals and for average trader we prefer pro account.

Overall Tickmill provides highly competitive pricing across the board, they also feature an active trader program that minimizes trading costs further. And no hidden fees which make it very comfortable for both beginners and advanced traders.

Features Classic Pro VIP
Minimum Deposit $100 $100 $0
Minimum Balance $0 $0 $50000
Average Spread at EUR/USD 1.6 pips 0.0 pips 0.0 pips
Rebate program Yes Yes Yes
Max Leverage 1:500 1:500 1:500
Minimum Balance Zero Commissions 2 per side/ standard lot 1 per side/ standard lot

Account Types

The market was much more volatile due to the coronavirus pandemic in the second quarter of last year, so we noticed a slightly higher spread than usual.

back to menu ↑ back to menu ↑

Tickmill: Rebate Program

Tickmill offers three tiers for active traders, with rebates starting at $0.25 per standard for up to 1000 standard lots per month, to as much as $0.75 at tier-3 for those who trade more than 3001 standard lots monthly.

Tickmill provides rebates (pricing discounts) to its active traders (trade high volume qualify as professionals under Tickmill rules), there are three levels of rebate program available, to be eligible as an active trader you have to trade over 1k standard lot worth of volume per month, for tier-1 you will get $0.25 rebate upon your spread. and if 3001 or more standard lot traded will get $0.75 rebate per 100k traded.

Rebates depend on traders’ monthly trading volume.

back to menu ↑ back to menu ↑

Deposit and withdrawal fees

There are no fees while making deposits and withdrawals. Multiple payment methods are available for funding. The minimum deposit amount is 100 units in the base currency, which translates to $100 for U.S. accounts.

Different deposit methods offered by Tickmill:

  • Bank Wire Transfer
  • Credit/Debit Cards, MasterCard, Visa
  • E-wallets: Skrill, Neteller, Sticpay, fasapay, QIWI, Union pay, Nganluong.vn, and Webmoney
back to menu ↑ back to menu ↑

Trading Platforms and Tools available at Tickmill

The only trading platform Tickmill is offering is MetaTrader 4, either you can download it and install it on your device or you can use MT4 as a web platform without installing directly from the browser. Unfortunately, their MetaTrader 4 does not have any significant features that will keep them ahead of other broker’s platform offers. They don’t even offer the metatrader5 platform. However, they provide VPS hosting at a very low price with ultra-fast executing time. With multiple order types, advanced charting systems, and powerful indicators that help traders to enhance trading activities and reach the trading goal.

Features Tickmill
Proprietary Platform No
MT4 Yes
MT5 No
cTrader No
DupliTrade No
ZuluTrade No
NinjaTrade No
Charting Indicators 51
Charting Drawing tools 31
Copy Trading Yes
Demo Account Yes

Attention: No fees for Deposit and Withdrawal also spread is highly competitive in the XM broker. Read our detailed review about the XM broker. Click Here.
back to menu ↑ back to menu ↑

Tickmill Review: Research Tools

Tickmill offers a wide range of research tools from a combination of in-house and third parties resources. Tickmill provides highly competitive research tools, they have a wide range of versatile technical analysis tools that helps traders to speculate next market moves and take the best trade. Specially Autochartist tools help automated technical analysis and make informed trading decisions when trading CFDs on Forex. They publish professional-quality blog posts doing market analysis.

Article section divided into market insight, fund analysis (refer to fundamental analysis), Tech analysis (refer to technical analysis), and some individual articles about major financial events.

They have a dedicated blog site for market research and education. 11 financial experts basically write their recharge and education articles. Every day they post multiple technical and fundamental analyses. Not to mention four different Forex calculators and economic calendars powered by Google TradingView.

Copy-trading: Copytrading or social trading are becoming very popular day by day. They don’t have any integrated solution for copy trading. They provide copy trading services through Myfxbook, a third-party monitoring service. With Myfxbook, you can view the trading strategies of the experts and the verified history of their trading results and easily copy the expert of your choice.

Features Tickmill
Market Insights Yes
Technical analysis Yes
Fundamental analysis Yes
New Yes
Trading Signals No
Autochartist Yes
Copy Trading Yes
Forex calculators Yes
Economic Calendar Yes

back to menu ↑ back to menu ↑

Tickmill Review: Education

Tickmill provides advanced-level educational materials for free, resources like beginner forex courses, webinars, some useful basic ebooks about some essential topics, infographics about major events, And a handful of video tutorials about Basic forex trading, Market analysis, Trading Psychology, Trading Strategies, Social Trading, Stocks, MT4, CFDs, Managed Accounts, Technical Indicators. We found Infographics quality very high, and other resources also some of the best in class.

back to menu ↑ back to menu ↑

Tickmill Review: Conclusion

Overall, Tickmill is a highly trusted broker regulated by top-tier financial institutions, offering some of the lowest trading costs along with brilliant research tools. Tickmill could be an excellent choice for forex traders both beginners and advanced traders. Not to mention their rich educational resources will satisfy most beginners and advanced traders. Tickmill broker is one of the top 10 brokers in our 2021 broker list.

Open Live Account
Best Overall Broker
8.5Expert Score
Tickmill Broker
Tickmill is a popular global forex and CFD broker regulated by top-tier financial authorities.
Trust Score
Tradeable Instruments
Commissions & Fees
Trading Platforms & Tools
Research Tools
Mobile Trading
Customer Service
  • Highly Competitive Pricing
  • 7+ Years of Market Experience
  • 85 tradeable instruments
  • Copy-trading
  • Demo accounts, swap-free accounts
  • Best in class Research tools & multiple trading platforms
  • Negative Balance Protection
  • Fewer tradeable instruments
  • No two-step verification login

User Reviews

0.0 out of 5
Write a review

There are no reviews yet.

Be the first to review “Tickmill Review – Top Key Points 2021”

Your email address will not be published. Required fields are marked *

Tickmill Review – Top Key Points 2021
Tickmill Review – Top Key Points 2021
Top Trusted Forex Brokers
Reset Password
Compare items
  • Total (0)