Tickmill Review

Tickmill is a multi-regulated online broker offering retail and institutional clients across the globe 80+ trading instruments. Spreads and commissions are competitive with flexible accounts. Tickmill also have multiple trading platforms and a vast selection of trading tools that are sufficient but educational material is perhaps lacking compared to other online brokers.

Tickmill Review, Pros & Cons
  • Multi-regulated
  • Negative balance protection
  • Investor compensation fund
  • Segregated client funds
  • Commission free accounts
  • Autochartist
  • VPS
  • No US clients
  • Restricted leverage for EU clients
  • No fixed spread accounts
  • Limited educational material
  • No cryptocurrencies

In this detailed Tickmill review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.

Tickmill Overview

Tickmill is a regulated and award-winning online broker offering retail and institutional clients across the globe 80+ trading instruments in multiple markets including Forex, Commodities, Stocks, Shares, Indices, Metals, Energies, Bonds & CFDs.

Tickmill was founded in 2015 and built by an experienced team of global market traders who understand what traders require to reach their full potential. The team remain focused on growing the company whilst adhering to the best interest of its clients.

Tickmill incorporates innovative technology to provide premium trading conditions with low spreads starting from 0 pips, competitive commissions and fast execution speeds of 0.15 seconds on average. There are no requotes and a fully automated No Dealing Desk (NDD) execution model for absolute transparency.

Tickmill liquidity is provided from global, top-tier banks and hedge funds. 100% of orders are cleared with their liquidity providers using quotes directly from them. They allow all trading strategies including hedging, scalping and expert advisors.

Tickmill have won awards for their trading services including Top CFD Broker 2018 (FxDailyInfo.com Broker Awards), Most Trusted Broker in Europe 2017 (Global Brands Magazine) and Best Forex Trading Conditions 2017 (UK Forex Awards).

Tickmill Features

Tickmill Features

Tickmill Regulation

Tickmill is the trading name of 3 related companies within the Tickmill group, all of whom are regulated.

Tickmill UK Ltd is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom. The FCA is an independent public body given statutory powers by the Financial Services and Markets Act 2000. It regulates the conduct of both retail and wholesale financial services firms in the UK. The regulator’s mission is to protect investors and ensure the financial markets operate with high standards and integrity.

Tickmill UK Ltd is a member of the Financial Services Compensation Scheme (FSCS). The FSCS is an independent compensation fund of last resort for customers of authorised UK financial services firms, set up under the Financial Services and Markets Act 2000. The FSCS’s objective is to pay compensation if a firm is unable or likely to be unable to pay claims against it in the event the firm has stopped trading or has declared to be in default.

Tickmill Ltd is regulated as a Securities Dealer by the Seychelles Financial Services Authority (FSA). The FSA was established under the Financial Services Authority Act 2013. The regulator’s key responsibilities include the licensing, supervision and development of non-bank financial services in Seychelles through a solid regulatory regime.

Tickmill Europe Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) as a CIF limited company. CySEC is the financial regulator of the Republic of Cyprus, established according to section 5 of the Securities and Exchange Commission (Establishment and Responsibilities) Law of 2001. The purpose of CySEC is to safeguard investor protection and facilitate the sound development of the securities market through the exercise of efficient supervision

Tickmill Europe Ltd is a member of the Investor Compensation Fund (ICF). The ICF was set up according to Article 59(1) and (2) of Law 144(Ι)/2007 as an investor compensation fund for CIF clients and its functions are regulated by the directive 144-2007-15 of CySEC. The fund’s objective is to secure the claims of covered clients against the ICF members through the payment of compensation for any claims arising from the failure of a member of the fund to meet its obligations.

It should be noted that the Tickmill UK and European companies have restricted leverage of 1:30 due to the European Securities and Markets Authority (ESMA) rules. They also follow the European Union’s Markets in Financial Instruments (MiFID II) directive which provides a harmonised regulatory regime for the provision of investment services within the European Economic Area. The main objectives of this directive are to maximise the efficiency, increase transparency, encourage competition and offer greater consumer protection. MiFID II allows investment firms to provide investment and ancillary services within the territory of another member state and/or a third country, provided that such services are covered by the investment firm’s authorisation.

Tickmill holds client funds in segregated accounts with trusted financial institutions for protection and to ensure that the funds cannot be used for any other purpose such as business running costs.

Tickmill account holders have negative balance protection that ensures clients cannot lose more than their initial deposit. If the Tickmill client risk team identifies irresponsible trading, they may contact the client and ask them to reduce risk or they may reduce the leverage on the account.

Tickmill Countries

Tickmill accepts clients from all over the globe, excluding some countries due to regulatory restrictions such as the USA, Cuba, Iraq, Myanmar, North Korea and Sudan. Some Tickmill broker features and products mentioned within this Tickmill review may not be available to traders from specific countries due to legal restrictions.

Tickmill Platforms

Tickmill offer the most widely used and popular trading platform which is MetaTrader 4 (MT4). MT4 is freely available to use on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). The mobile app is useful for those who wish to trade on the go whilst the web platform runs in most browsers without needing to install any software.

MetaTrader 4 (MT4)

The MT4 trading platform is fully customisable and very user friendly. It is easy to use with a small learning curve and thus is suitable for beginner traders whilst also having enough features for the more advanced traders. It is available in multiple languages and has built in user guides.

The enhanced charting functionality and sophisticated order management tools help traders to control positions quickly and efficiently. It includes 9 chart timeframes, technical indicators for chart analysis, drawing objects, real-time quotes, multiple order types, economic calendar, trading strategy templates and a built in MetaEditor for creating custom indicators and automated trading systems in the MQL programming language. The MQL online community is a useful resource for additional MT4 add-ons and to communicate with fellow users.

Tickmill MetaTrader 4 (MT4)

Tickmill MetaTrader 4 (MT4)

Web Trader

The web trader is an online trading platform that gives quick and easy access to MT4 without needing to download, install and run any additional software. It provides the same features as the MT4 platform but runs directly in your browser.

You can open a new browser window and have the platform running in just one click from anywhere in the world with an internet connection. All information transmitted via the online platform is securely encrypted.

Tickmill Web Trader

Tickmill Web Trader

Mobile App

MT4 is available to download on both Android and iOS from the relevant app stores. It also has the same features as the desktop platform with the convenience of being able to trade from the palm of your hands. You can open, manage and close positions, and analyse the markets. Push notifications can also be set to alert you when a particular event occurs.

Tickmill MetaTrader 4 (MT4) Mobile Platform

Tickmill MetaTrader 4 (MT4) Mobile Platform


Tickmill do offer a FIX API connection to private and institutional clients who maintain a minimum account balance of $500,000. The monthly commission generated should be $5,000 to get the FIX API for free, otherwise the fee is $5,000 minus commission generated.

FIX API allows traders to trade with Direct Market Access (DMA) for the lowest possible spreads and fastest execution.

Tickmill Trading Tools

Tickmill provide a selection of useful trading tools to help improve your trading environment and strategies.


Autochartist is a powerful technical analysis tool that automatically scans the markets for you to find chart patterns and key price levels across multiple instruments. This award-winning tool can help find potential trading opportunities and is free to all Tickmill clients. It can be used as a standalone online web platform or as an MT4 plugin. There is an online community with an abundance of educational material for Autochartist.

Tickmill Autochartist

Tickmill Autochartist

Autochartist Benefits

  • Saves you time from analysing the markets as it does it for you
  • Can scan throughout the day and night
  • Receive alerts when an opportunity is found
  • Forecast for possible levels that formed patterns could reach
  • Fully customisable scanning according to your requirements
  • Wide range of educational materials to learn how to use it
  • Drag & drop quick launch directly into MT4
  • All opportunities displayed on one screen

Technical Chart Patterns

Receive automatic notifications when emerging and completed technical chart patterns are found.

Autochartist Technical Analysis

Autochartist Technical Analysis

Fibonacci Patterns

Identify simple and complex Fibonacci patterns for levels of possible support and resistance.

Autochartist Fibonacci Patterns

Autochartist Fibonacci Patterns

Volatility Analysis

View the volatility of different instruments to help asses risk and optimise potential stop loss and take profit levels.

Autochartist Volatility Analysis

Autochartist Volatility Analysis

Key Levels

Discover possible support and resistance levels for finding potential turning points and breakouts.

Autochartist Key Levels

Autochartist Key Levels

Market Reports

Get daily reports of the technical outlook of various markets prior to the opening of the London, New York & Tokyo trading sessions.

Autochartist Market Reports

Autochartist Market Reports

Performance Statistics

Analyse previous patterns statistics over a 6-month period to see which performed well and which did not.

Autochartist Performance Statistics

Autochartist Performance Statistics

Myfxbook AutoTrade

You can use this tool to link your account to follow the strategies of other traders in Myfxbook Autotrade. The signals you follow will be copied automatically and directly into your Tickmill account. You can review historical performance of signals and filter according to your requirements. It should be noted that past results are by no means any guarantee of future performance.

Myfxbook AutoTrade

Myfxbook AutoTrade

Economic Calendar

The economic calendar displays important economical events including the dates, time and impact expected. It also shows the previous, actual and forecasted results. You can change the time zone and filter according to your choice of impact and currency. This can be used as part of a fundamental analysis.

Tickmill Economic Calendar

Tickmill Economic Calendar

Trading Calculators

The trading calculators can be used to convert currencies, calculate margin and pips. This saves time from manually performing the calculations.

Tickmill Trading Calculators

Tickmill Trading Calculators

Tickmill VPS

Tickmill have partnered with BeeksFX to provide a virtual private server (VPS) that allows you to keep your trading platform running remotely 24/7. This can be useful for running expert advisors around the clock if it is not possible for you to always have your computer switched on. Tickmill clients receive 20% discount on all VPS packages.

Tickmill VPS

Tickmill VPS

One-Click Trading

The one-click trading (OCT) tool can increase the functionality of MT4 by enabling you to perform trade operations with a single mouse click from a quick trading panel on the chart.

Tickmill One Click Trader

Tickmill One Click Trader

Tickmill Education

Unfortunately, at this time Tickmill do not offer any additional educational material. The closest thing would be the FAQs and news sections of the website.

Tickmill Instruments

Tickmill offers traders a selection of trading instruments including CFDs on FX currency pairs, stock indices, crude oil, precious metals, bonds and more.

Forex Trading

Forex is the worlds largest market by volume and can be traded 24 hours a day, 5 days a week. Tickmill offer over 60+ FX currency pairs including majors such as the EURUSD, GBPUSD & USDJPY as well as minors and exotics.

Stock Indices & WTI Trading

Traders have access to trade CFDs on 15+ major global stock indices and crude oil with zero commissions, no requotes and no hidden mark-ups.

Precious Metals Trading

Precious metals are often considered as safe havens and a way to diversify a trading portfolio. Tickmill offer CFDs on gold and silver against the US dollar with competitive spreads.

Bonds Trading

The bonds market is one of the largest securities markets that allows investors to speculate on the stability of government treasuries. Through Tickmill, you can trade German government bonds with competitive spreads and no commissions.

Tickmill Accounts & Fees

Tickmill offer 3 account types which are the Classic, Pro and VIP. All accounts have over 84 trading instruments to trade including CFDs on over 60+ FX currency pairs, 15 stock indices, WTI, precious metals and bonds. The main difference between the accounts are the spreads, commissions and minimum deposit requirement. All accounts are also offered swap-free for Muslim traders who must comply with Sharia law.

Demo accounts are available to test the different trading platforms and conditions before opening a real account. Whilst demo trading conditions are mainly the same, no slippage occurs on the demo account.

Tickmill Account Types

Tickmill Account Types

Classic Account

The classic account has variable spreads starting from 1.6 pips and no commissions. The minimum deposit is $100, minimum lot size 0.01 and max leverage 1:500.

Pro Account

The pro account has variable spreads starting from just 0 pips and a low $2 commission charge per standard lot per side. The minimum deposit is $100, minimum lot size 0.01 and max leverage 1:500.

VIP Account

The VIP account has variable spreads starting from just 0 pips and an even lower $1 commission charge per standard lot per side. The minimum deposit is $50,000, minimum lot size 0.01 and max leverage 1:500. The stop and limit levels for VIP account users are zero.

As broker fees can vary and change, there may be additional fees that are not listed in this Tickmill review. It is imperative to ensure that you check and understand all of the latest information before you open a Tickmill broker account for online trading.

Tickmill Support

Customer support is provided via online chat, telephone and email, available Monday to Friday during business hours. Support is offered in English, Italian, Spanish, Russian, Chinese, Indonesian, Vietnamese and Arabic. The support team are usually prompt, efficient and polite with their responses.

Tickmill Deposit & Withdrawal

Tickmill offer a good variety of deposit and withdrawal methods including bank transfer, credit card and online payment processors. These can be conducted from within the client area.

Skrill, Neteller, FasaPay, UnionPay and credit card deposits are usually processed instantly while withdrawals are processed within one working day. Tickmill has a zero fees policy on deposits and withdrawals.

Withdrawals must be made via the same method used to deposit. Please note that some methods may only be available to specific countries.

Whilst Tickmill process all withdrawal requests within 24 hours on business days, the time necessary for the funds to reach your bank account can depend on the policies of your bank.

Bank withdrawals can take 3-7 working days to be seen on the client’s account. Credit/debit card withdrawals can take up to 8 working days to be seen on the client’s account.

Accounts can be opened in USD, EUR, GBP, PLN. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.

Tickmill Deposit & Withdrawal Options

Tickmill Deposit & Withdrawal Options

Tickmill Account Opening

To register an individual client account, you need to fill in the online application form that they estimate takes 3 minutes to complete. Once submitted, you will need to verify your email address and submit your Proof of Address (POA) and Proof of Identity (POI) documents for KYC purposes. After the accounts team have verified your documents, you will be able to fund your account and start trading. If opening a corporate account, you will need to provide additional documents such as a certificate of incorporation and articles of association. Support are on hand to assist should you need them during the account opening process.

Tickmill Account Registration Form

Tickmill Account Registration Form

Tickmill Summary

Tickmill is a very sophisticated and simple online broker with a clean offering that is suitable for all levels of traders. The spreads and commissions are very competitive whilst the accounts are flexible enough to suit different trader needs. They have multi-jurisdiction regulation along with a very approachable support team. Advanced trading platforms and tools are provided but educational material is significantly lacking.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with Tickmill UK Ltd. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Min $100 Deposit

Tickmill is a multi-regulated online broker offering retail & institutional clients across the globe 80+ trading instruments. Spreads & commissions are competitive with flexible accounts. Platforms & tools are sufficient but educational material is lacking.

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