Tickmill
Tickmill is an established broker from 2014. Tickmillhas an office in Seychelles. It is generally the best location to Tickmill to offer their trading and Forex services to their global customers.
The broker is also licensed by BaFin 146511 CySEC 278/15 FCA (UK) 717270 FSA (Seychelles) SD008, and FSCA (South South Africa) 49464.
The fact that you are regulated by multiple licenses has numerous advantages, among that is protection for accounts by the Financial Services Compensation Scheme (FSCS) that can be used up to the maximum value of PS85,000. This is in line of the Financial Instruments Directive 2014/65/EU or MiFID II, as well as the Fifth Anti-Money Laundering Regulation. This is in accordance with the Investor’s Compensation Fund (CIF) is a legal instrument, in accordance with EU Directive 2014/49/EU is a safeguard for deposits as much as EUR20,000. The deposits are completely distinct from corporate accounts, and safeguards against negative balances are in place.
Tickmill review
Since its inception in 2014, Tickmill Group has experienced tremendous expansion. It is regulated in 3 jurisdictions. It currently has more than 111,000 traders, with 263,000 accounts. The company handled over 215 million transactions in addition to the average monthly trading volume which exceeded $123 billion. The CFD broker has over 150 employees around the world to manage its business effectively and continuously improve trading conditions to the best extent possible to not cause any disappointment to customers.
In addition to in addition to the the forex demo accounts This broker also offers Classic, ECN Pro, VIP, Classic (UK), ECN Pro (UK), VIP (UK), Classis (EU), ECN Pro (EU) and VIP (EU). In order to successfully manage through your account for trading, you have to think about the leverage factor and the minimum deposit. When it comes to leverage generally the maximum leverage allowed through the Tickmillis as high as 1:500. In addition, you can start a new account for as little as a capital of just $100.
There are nine live accounts to choose from at Tickmill:
Tickmill Review
- Classic The minimum deposit is minimum deposit of $100 at the time of signing up with a minimum stake in the amount of 0.01 lot. Flexible spreads, scalping and hedging options Expert Advisors as well as scalping/hedging capabilities are all available. Features of the platform include trailing stops for the ability to hold orders pending electronic trading as well as mobile-based trading. Customers should take note of swap rate charges on overnight positions.
- ECN Pro: The user must have minimum $100 to create account with an ECN Pro account. The minimum size for trades of 0.01 lots. There are numerous obvious advantages that the accounts like Fixed spreads, trailing stops order, pending orders and single-click trade, mobile commerce as well as automated trade.
- VIP The process of opening a VIP Account requires minimum $50,000 deposit, and a trading amount in the amount of 0.01 lots. Spreads at VIP can be variable. Traders can take advantage of trailsing stops and pending orders, single-click trades, trading on mobile as well as the automated features of trading.
- Classic (UK): Classic UK account comes with the possibility of a minimum deposit of $100, and a minimum volume of trading that is 0.01 lots. They also offer adjustable spreads, as well as more sophisticated pending orders and trailing stop options, scalping options Expert Advisors automated trading, one-click trading as well as mobile-based trading.
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ECN Pro (UK)
- Users need to have at least $100 in their account for trading and have a minimum amount quantity of 0.01 lots. ECN Pro UK uses fixed spreads. The account features a simple interface, with automated trading mobile trading, One-click trades, Expert Advisors and scalping features. They also have the trailing stop and pending order tools.
- VIP (UK): The minimum deposit is $50,000 and the minimum volume lot size of 0.01. Spreads vary on VIP UK. They also have an impressive array of scalping strategies Expert Advisors as well as trailing stop order, pending orders and One-click trade, Mobile trading along with automated trading.
- Classis (EU): Tickmill provides a Classic EU account for all clients , with an initial deposit minimum of $100 and lot sizes of 0.01 with variable spreads and hedging/scalping features. Tickmill traders have access to the latest options, including Expert Advisors (Expert Advisors), trailing stops order, pending orders and the ability to trade with one click, on mobile as well as automated trade.
- ECN Pro (EU) The traders must deposit an initial sum of $100, and lot sizes start at 0.01 and are able to enjoy flexible spreads. The platform comes with a vast selection of Expert Advisors. They include scalping as well as trailing stop, waiting orders and automated trading. It also offers online trading and single-click trade.
- VIP (EU): VIP EU generally requires a minimum investment of $50,000, and the minimum size of trade will be 0.01 lots. The account provides variable spreads scalping/hedging options Expert Advisors, as well as the full accessibility to trailsing stops order, pending orders and single-click trades, trading on mobile devices as well as automated trades.
If you’re looking for a clearer explanation on the broker’s accounts, click here. type(s).
Fees
The Classic account is governed by the model of the market maker with the minimum spread being 1.6 pip. With the Pro and VIP account options that use using the model of NDD, fees could be as low as $4 or the price can be as low as $2 for each lot. They have the best competitive spreads , with the average rate for the EUR/USD pair of 0.2 pip. It is also a tough Tickmill sells both accounts, with spreads that start at 0.0 pip. Tickmill also charges swap fees when holding an open position for a period of time. Third-party processing fees for payments may be charged, however a zero-fee policy applies to deposits of more than $5,000.
Payment Methods
There’s many payment options that are available, such as banks wires, credit/debit cards Skrill, Neteller, Sticpay, Fasapay, Unionpay, NganLuong, QIWI, and WebMoney. The minimum withdrawal and deposit amounts are $25 and $100 respectively. The withdrawal time is between seven and instant days. There is no cost for any payment methods, but third-party fees could apply. Tickmill covers the cost of wire deposits of up to $500, and as high as $100. The fees for wire deposits that exceed $5,000 will be reimbursed up to $100.
Tickmill offers a variety payment options, including:
FasaPay is an electronic payment for traders who trade on a retail basis, FasaPay does not require an excessive amount of fee which gives it an advantage over other e-payments within the brokerage market for forex. Its speedy process is also highlighted as one of the benefits.
Neteller like PayPal, Neteller is one of the most well-known online payment options currently. Due to its popularity the majority of Forex brokers use. Neteller as a payment option to facilitate their clients’ funds deposits and withdrawals. While Neteller is a popular payment method. The Neteller system is widely available everywhere in the world however. The service is mostly used by businesses and individuals across Russia, Ukraine, Kazakhstan, Moldova, Belarus, Romania as well as the US and the UAE.
Skrill
The majority of forex brokers offer Skrill as a payment online service. Quick, simple and secure transactions are the primary reasons for traders to use this method. Traders can make use of Skrill to pay for their accounts for trading using debit cards or bank wire transfers or directly from an Skrill electronic-wallet account.
WebMoney: WebMoney is one of the most popular digital wallets that a lot of users use to transfer money all over the world. This is why there is a wide range of forex brokers who accept WebMoney currently. Similar to other payment options available online in the present, WebMoney is supported by mobile applications that facilitate transactions.
Wire Transfer Wire transfer is the most frequently employed method of payment. The majority of brokers around the world offer this option through their services. This is due to the fact that wire transfer is a standard transfer between banks world. Therefore, this method is guaranteed to be security. This is a huge benefit for those who don’t want to use third-party payment or do not have credit cards.
Tickmill also accepts payment via debit and credit cards, as well as UnionPay
Hereby, Tickmill offers you MetaTrader 4.
- MMT4: The trading platform MT4 is reputed to be current and popular in an international trading environment. Despite its superior capabilities it requires third-party plugins to make it fully functional. Unfortunately, Tickmill only offers the most basic version of the MT4 platform.
Unique Features
Tickmil is a plethora of distinctive characteristics:
- The MT4 plug-in allows the trading of one click.
- VPS hosting is offered in conjunction with BeeksFX to offer 20% off all packages.
- Multi-trader terminal MT4 that allows basic portfolio management.
- Tickmill Prime offers services to clients of institutions and is believed to be among the popular product being maintained.
and Education. and Education
Tickmill is a fantastic broker for both beginners and professionals because of a variety of reasons:
- The Tickmill blog is broken down into a variety of sections, including Market Insight, Fund Analysis (referring to fundamental analysis), Tech Analysis (referring to technical analysis) and Articles. The blog has a unique design this blog provides daily trading news, as well as an impressive mixture of graphic. Written and video content.
- Autochartist is a complement to the analysis offered by Tickmill’s experts. It’s useful in scouring markets independently for patterns predetermined by the market, and informing traders to potential opportunities. Three calculators are available to let traders manually determine the margin requirements as well as pip value.
- Tickmill’s eleven financial experts provide excellent financial market coverage.
- Webinars are held every week and cover a broad range of subjects.
- Tickmill also organizes seminars all over the world to introduce Forex trading to both new and potential customers each year.
- There are two books are available to download.
- There’s a library of videos that provide tutorials available in English, Spanish, German, Arabic, and Russian.
- The broker also provides the buyer a glossary in which the most basic terms are explained in short paragraphs.
Promotions and bonuses
As of the date of this writing, Tickmill does offer 4 deposit bonuses and promotions.
- This Trader of the Month promotion does not require registration because every live account takes part.
- The prize awarded to contest winners could be a full travel package that includes London. New York, and Singapore or a prize worth more than 10,000 (equivalent) in cash prizes.
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