TickMill - competitive broker: what do you need to know?

Review of the reliable broker TickMill

Tickmill is a competitive broker that is particularly ideal for those who want to trade forex, has a good reputation and offers an extensive set of in-depth tools and analytics.

Founded in 2014, Tickmill is a forex-focused broker that offers more than 60 currency pairs and also allows CFD trading on bonds, energy, indices, metals and cryptocurrencies - about 90 assets in total.

Tickmill is headquartered in Seychelles and operates in Europe and Italy under MiFID rules through its subsidiaries Tickmill Europe Ltd, based in Cyprus and authorized and regulated by CySEC, and Tickmill UK Ltd, based in London and authorized and regulated by the FCA.

Tickmill's basic trading conditions include a minimum deposit of €100, maximum leverage of 1:30, variable spreads with no re-quotes and 3 account types for different types of investors.

Tickmill is a broker offering MetaTrader 4 and MetaTrader 5 platforms in desktop version for downloading and installing on your computer, web trader for using directly on the internet and mobile for smartphones and tablets.

Tickmill offers 3 types of Forex and CFD accounts - Classic, Pro and VIP, each ideal for different investment needs and experience levels - from beginner to advanced. A fourth account type is also offered, designed for futures.

The VIP account, although requiring a high minimum balance, is an attractive and favorable solution for frequent traders who can take advantage of low trading costs and tight spreads, as well as additional preferential terms for larger trading volumes.

The PRO account is the optimal choice for most investors, regardless of experience level, and also offers very favorable trading conditions similar to the VIP account, but with a more affordable minimum deposit of only €25.

Tickmill offers the opportunity to practice and test the platform with a free and unlimited demo account. The demo account provides all the features of the MT4 platform with real-time pricing and real market volatility. Thus, the demo account allows you to run a real simulation in real market conditions.

For those who are looking for a broker with MT4 platform and competitive prices, allowing to use a wide range of strategies, automate trading and eliminate the services of dealing centers, Tickmill is the recommended choice.

Tickmill Europe Ltd, which manages the broker, is authorized and regulated by the Cyprus Securities and Exchange Commission with CySEC license No. 278/15, so the company is a member of the Investor Compensation Fund (ICF), which protects clients' funds.

We advise you to trade only with brokers authorized by European regulators to be sure that the rules applied are in compliance with the European Community regulations.

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