Tickmill reviews

Tickmill 6/10 (votes 4101)

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On-line since: 2007
Country of origin: The Seychelles
Regulation: FCA
Payment options: Visa, MasterCard, WebMoney, Skrill, NETELLER
Minimum account size: $25, €25, £25
Minimum lot size: 0.01 lots
Leverage: 1:500
Spreads: floating from 0 pips

Tickmill is a trading name of Tickmill Ltd which is located in Seychelles. The broker has the ECN execution model and offers 80 trading instruments including 62 currency pairs, gold, and silver. Among the company's liquidity providers there are such large companies as Credit Suisse, JPMorgan, UBS, and Barclays.

Clients can choose one out of three account types. The first one is Classic, it is ideal for beginning traders as it has a low minimum deposit of $25 and no commission. Spreads are from 1.6 pips. Average execution speed is 0.3 seconds. The ECN Pro account suits more professional traders. It offers low spreads from 0 pips and commission of only $2 for opening/closing a position per lot. The minimum deposit is the same as for the Classic account. The VIP account is for big players who want a personalized approach. Spreads start from 0 pips, the leverage size is 1:500. For this account type, there is a commission of $1.6 for opening/closing a position per lot and the minimum deposit of $50,000. The broker provides a demo account to those who want to test their trading skills. Besides, customers can open an Islamic account which is compliant with the Sharia law.

Trading is conducted on the MetaTrader 4 platform, which is freely available on all types of devices: clients have the opportunity to trade via PCs, tablets, a web browser, or a smartphone on the go. The platform supports 30 languages.

The customers’ funds are kept in segregated accounts in the world’s best banks including Barclays, HSBC, UBS, and others.

The customer support works from Monday to Friday 07:00-20:00 (GMT+0). Clients can contact the company’s managers by the international phone number, e-mail, and chat. They can also find answers to the most popular questions in the FAQ section. The broker has official profiles in such social networking websites as Facebook, Youtube, Linkedin, Twitter, and Google +.

In 2016, the Tickmill’s turnover was 434.8 billion US dollars. The company executed 29.8 million deals and 17,908 new clients opened trading accounts.

If you have already worked with Tickmill, please leave your comments. They will help beginners choose a reliable broker.