The
Company
Set up in
2014,TickMill is an electronic communication network (ECN) and no-dealing desk
(NDD) broker, which offers trading in diverse financial instruments, including
62 currency pairs, 16 CFDs as well as Gold and Silver. The broker is
actively present in Asia, the Middle East and Africa. TickMill is a registered
business name of Tmill UK Limited, a company authorised and regulated by
the Financial Conduct Authority (FCA). It also has a sister company
offshore, registered with the Seychelles' FSA.
The
UK’s FCA is one of the most reputable financial watchdogs worldwide.
FCA-regulated brokers must keep client funds in segregated accounts, separated
from the companies operating funds. They also are required to maintain net tangible
assets amounting to at least €730 000 as a proof of their financial
stability. What is more, clients of UK brokers are covered the Financial
Services Compensation Scheme (FSCS). In the event of a company insolvency, FSCS
is able pay compensation up to a maximum of £50,000 per person per regulated
entity. Eligibility depends on the status and the nature of the claim.
Company Overview
Company Name
|
Tickmill LTD
|
Headquarters
|
1 Fore Street Avenue , EC2Y 9 DT , London , United Kingdom
|
Website
|
|
Regulation
|
FCA , FSA
|
Trading Instruments
|
Forex , Metals , CFDs , Bonds , Cryptocurrencies
|
Trading Platform
|
MT4 , MT5
(desktop , mobile , webtrader)
|
Deposit /
Withdrawal
|
Visa/Mastercard , Neteller , Skrill , fasaPay , Union Pay ,
Wire Transfer
|
Bonus
|
30% Welcome Bonus
|
Services
|
Tickmill VPS , Autochartist
|
Customer Service
|
Live Chat
|
Trading
Accounts
Account
type
|
Minimum
deposit
|
Minimum
trade size
|
Maximum
leverage
|
Spreads
(& Commission)
|
Classic
|
$25
|
0.01
|
1:500
|
From 1.6
pips
|
Pro
|
$25
|
0.01
|
1:500
|
0.2 pips +
$4 / Lot*
|
*Commission
is calculated per standard lot of 100 000 units round trip.
TickMill
offers 2 basic account types, all of which are accessible through the popular
MetaTrader 4 platform and offer market execution with average speed of 0.3
seconds, variable spreads, leverage up to 1:500 and micro tradeable lots.
The Classic account is commission-free, while Pro ECN account holders
are charged with a small commission fee and get tighter spreads. For big
players with minimum account balance of $50 000 who want more personalized
approach and lower commission fees the broker offers VIP accounts.
Personal
multi account manager accounts are also available with Tickmill. The MAM program
allows professional Money Managers (with minimum $5,000 deposit at least) to
trade on behalf of their clients. A Money Manager can easily execute block
trades on all accounts with his single master account. What is
more, Islamic accounts are also available to clients who don’t want
to earn interest for religious reasons. These accounts are swap-free and
Sharia-compliant.
*Risk
Warning: Forex and CFD trading involves significant risk to your invested
capital.