TickMill

Trading Platform

Tickmill offers not one but two reputable and advanced trading platforms, the MetaTrader 4 (MT4) and WebTrader platforms. Both platforms are very sophisticated and each offer traders something different. See the platforms overviewed below.

MetaTrader 4 (MT4)

Tickmill’s MT4 platform offers the rich, user-friendly and familiar trading interface that traders from all around the world known and love. The platform is very high performing and features a customizable trading interface to accommodate each individual trader’s needs. The platform comes complete with an advanced charting package, sophisticated order management tools, and supports the MQL4 programming language for customizable indicators and scripts known as Expert Advisors (EAs). See below, some key features included in the Tickmill MT4 trading platform:

• CFDs on forex, stock indices, and commodities
• No partial fills
• Expert Advisor (EA) trading facilities
• Micro lots available
• Mobile trading on Apple and Android smart devices

WebTrader

This platform is essentially the same as the original MT4 trading platform but is entirely accessible via the internet as it’s a web-based trading platform. Some benefits of this platform include; fast and easy access to the platform from any desktop, convenient interface, one-click trading from the charts, securely encrypted trading. See below, some key features included in the Tickmill WebTrader platform:

• Real-time price quotes in the market watch section
• Customizable interface and charts
• 9 charting time frames
• Numerous technical indicators and drawing and analysis tools
• Mobile trading on Apple and Android smart devices

Exchange Markets

Tickmill makes available a range of high end trading instruments for their clients. For instance, traders can trade various assets in the following markets; forex, stock indices, precious metals, bonds, and cryptocurrencies. The amount of tradeable assets is rather limited compared to most other top online trading brokers, but the ones Tickmill does offer are of high quality. See what’s included and some aspects about these markets below.

Foreign Exchange Market (Forex)

• A total of 62 currency pairs available to trade
• Instant order execution
• Major, Minor, & Exotic currency pairs

CFDs on Stock Indices

• 15 major global stock indices
• No hidden markups
• No requotes

Precious Metals

• Trade contracts on Silver and Gold per ounce

Bonds

• Trade government bonds with low margin requirements
• 4 government bonds

Cryptocurrencies

• Trade CFDs on Bitcoin (BTC)
• Trade with leverage of u to 1:5

Fees and Commission

Tickmill provides traders with various options when it comes to trading and the fees they pay by offering clients three different account types, Classic, Pro and VIP account types. The Classic account offers commission free trading and variable spreads starting as low as 1.2 pips. The other two accounts, Pro and VIP, are commission based with tighter fixed spreads.

Security and Fairness

As far as we can tell, Tickmill is a safe and secure online trading brokerage. After all, the broker is regulated by the UK Financial Conduct Authority and the Financial Services Authority in Seychelles. These regulatory authorities ensure the broker remains fair and transparent with all their financial services and operations. As well, traders are further protected by having segregated accounts from the brokerage which protects their money in the event of insolvency. Also, Tickmill utilizes top of the line encryption protocols on all transactions and the transmission of sensitive customer data. All in all, Tickmill is a very safe, secure, and fair online trading broker.

Support

Tickmill offers their customers support via email, live chat, and telephone which is available from Monday – Friday 7:00 – 20:00 (GMT). The support representatives are very helpful and friendly but can sometimes take a long time to respond. Additional methods of support include the brokers FAQ page, blog, and education center. These additional methods are very informative and include massive amounts of information. However, the overall level of customer support could be improved upon.

Conclusion

Tickmill strive to be a leading online trading broker but is no more than satisfactory. The brokerage offers competent trading services and decent array of tradeable assets, but much of the competition outperforms Tickmill in these areas. The trading platforms offered by Tickmill are quite advanced yet easy to use, but there are limited tradeable assets to go with them. The broker is very secure and well regulated, and we feel confident trading with Tickmill. However, when compared to the competition, there are better online trading brokers out there.

TickMill Q&A

The following are the common questions that customers inquired about TickMill.

Is TickMill regulated?

Yes, it is regulated by the by UK Financial Conduct Authority (FCA) and the Financial Services Authority (FSA) in Seychelles.

Is TickMill a scam?

No, Tickmill is a legit broker and is trusted by many all over the world.

Where is TickMill based?

Tickmill is based out of the United Kingdom with their headquarters located at 1 Fore Street, London EC2Y 9DT.

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