Pros
  • Low fees
  • Great account opening
  • Free deposit and withdrawal
Cons
  • Only forex and CFDs
  • Trading platforms with outdated design
  • Limited range of trading tools

Company Information

TickMill is an online broker founded in 2008 offering Forex trading, CFD trading, spread betting trading, and social trading. TickMill is a global broker and have a head office in Seychelles. TickMill is regulated. This means TickMill are supervised by and is checked for conduct by the Financial Conduct Authority (FCA) regulatory bodies. Any payments funded to TickMill accounts by traders are held in a segregated bank account.

Markets

TickMill suggests its customers the basic asset classes. All you need to do is to choose the best for you. You can choose among the following asset classes:

● Forex
● Stock Indices & Oil
● Precious metals
● Bonds

Trading accounts

Tickmill offers three accounts, namely a Classic, a Pro and a VIP accounts. Tickmill is not a bad variant for active and VIP traders, who have access to pricing that competes among the lowest brokers in the industry. Let’s review the basic feature of an each account type.

  • Classic
  • • Min. Deposit – $100
    • Available Base Currencies
    USD EUR GBP
    • Spread From – 1.6 pips
    • Max. Leverage – 1:500

  • Pro
  • • Min. Deposit – $100
    • Available Base Currencies
    USD EUR GBP
    • Spread From – 0.0 pips
    • Max. Leverage – 1:500

  • VIP
  • • Min. Balance – 50,000
    • Available Base Currencies
    USD EUR GBP
    • Spread From – 0.0 pips
    • Max. Leverage – 1:500

Open an account

To open an account, all you need to do is to follow those simple steps:

  1. Fill in the requested fields regarding your personal information and trading expertise to complete Client Area registration;
  2. Log in to Client Area, upload the necessary documents to verify your profile: Proof of Identity, Proof of Address;
  3. Open a trading account and deposit through one of our secure payment methods;
  4. Download your preferred trading platform, log in with your credentials and start trading;

Minimum deposit

To open a live account, you’ll need a minimum deposit of at least $100 for both types: a Classic one and a Pro one. In other case, you can open a demo account that you can use to practice and familiarize yourself with their platform.

© TickMill website screen

Trading Platforms

TickMill has two famous platforms at your service. Choose between the well-known MetaTrader platform and the ever popular WebTrader platform. You can read more features about each type here.

Our verdict

After conducting careful research, we can conclude the following. First of all, TickMill is a regulated broker, it has low fees, and the account opening is very easy and straightforward process. No commission needed for deposit or withdrawal. However, before choosing a broker, pay attention to those facts as well. TickMill offers only Forex and CFDs. The trading platforms have outdated designs. Moreover, it has a limited range of instruments. So, now you can see whether to trust the broker or not.

3.5 rating
Trader's Review
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4 (1 vote)
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Ursel Hughes
Ursel Hughes
October 22, 2020 11:20 am

Very good and safe member area.
Very goog MT4 server executions, stability and trading conditio by Speed, Spreads and Sizes

Wealthy Brown
Wealthy Brown
October 15, 2020 11:20 am

Very good and responsible, Best broker platform in Forex trading with bitcoin currency account

Zayna Brown
Zayna Brown
September 26, 2020 8:34 pm

Good broker overall, stuck with bitcoin deposit and withdrawals! Scalping friendly but not alot

Catherine Barnes
Catherine Barnes
September 3, 2020 7:01 pm

Great broker. Haven’t had any trouble, execution is very quick. I trade around news and I get great fills. No problems so far, I’ve used this broker for about 13 months now

Osvaldo Morris
Osvaldo Morris
September 2, 2020 1:18 pm

LOVE this company! I’ve only just opened as a U.S. citizen this year. Great numbers. Trading myself. No EA. I sleep very comfortably when I place an overnight trade to win (hopefully) 40 pips. I find customer service very professional and trustworthy and reliable. I totally believe in this business and their business and financial skills and their compassionate setup. I’m very thankful they allow USA accounts. Truly, and I hope the money I win will do wonderful things.

Travis Murphy
Travis Murphy
August 21, 2020 12:21 pm

Probably the best broker That i have encountered.great services,low spreads,true ecn,superb support team.kindly if possible add on more cyptocurrencies like xrp ripple and others.you the best and i recommend everyone to get on board with TickMill

Melissa Martin
Melissa Martin
July 22, 2020 9:54 am

TickMill is my primary broker. I have been very happy up til now. I am a little concerned. Over a month ago they halted trading on BTC/USD. But have allow me to keep my acct in bitcoin currency. Yesterday I recieved an email from them encouraging their EU clients to go to another broker with EU regulations? hmmm Sent them an email w/ questions, have not heard back yet.

Yukio Campbell
Yukio Campbell
July 18, 2020 9:18 pm

Probably the best broker I have that takes USA residents. As a USA customer, my deposit and withdrawal options are limited, but they run a very good organization here. I’ve been using them for 3 or 4 years now. The only down side, their chat people can only seem to answer basic questions……….and you could be on a chat session easily for 30 minutes trying to solve simple issues (for everything you say, it takes them over 5 minutes to respond).

Belinda Simmons
Belinda Simmons
July 5, 2020 4:19 pm

I have been trading with this broker for 3 months so far. I am from the US. I did not do any withdraw until 2 days ago. I have to say that their service is outstanding, supporters team really want to touch your demands. They said withdraw would take 3-5 days, but actually, they lied about it, it took only 2 days for the process done and money shown up in my bank account ($1500). I love it. Their spread may be higher than other brokers but on the other hand, they provide you high quality of service. Keep it up TickMill

Fatimah Walker
Fatimah Walker
June 20, 2020 7:42 pm

So far so good. The only things I think this broker should add are more cryptocurrency deposit options & additional crypto pairs besides just BTC/USD as they become more popular.

Ike Hill
Ike Hill
June 19, 2020 8:07 pm

If you’re a USA based trader, don’t waste your time with any other broker. TickMill is awesome. Great customer service, FAST deposit/withdrawal via wire transfer, and competitive spreads. And not many brokers offer the exotic pairs TickMill does either. Anyone who’s posted a poor review has probably made some boneheaded trades and want to blow off steam. If you’re a serious trader, TickMill is the way to go.

Westley Griffin
Westley Griffin
June 12, 2020 2:17 pm

TickMill is great they are my primary broker ( 2 others I use) they would get all my business if they expanded their instruments ( SHARES especially) they already have BTC and I would be one complete happy camper

Serenity Hall
Serenity Hall
June 12, 2020 12:16 pm

My account # is 84126 and I have used this broker for years! They are very good, excellent chat, and awesome support! I have never had an issue with them other than the whole Bitcoin not being able to transfer to USD accounts. ( Which I understand, it just sucks) Other than that I recommended, honestly one of the best brokers out currently.

Rosalyn Davis
Rosalyn Davis
June 7, 2020 10:15 am

I created an account months ago. The depositing method is a pain in the butt. Can you guys please consider adding a debit/credit deposit and withdrawal option.